City Wok vs Teriyaki Madness Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of City Wok vs Teriyaki Madness including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
City Wok Franchise
Teriyaki Madness Franchise
Investment $243,400 - $568,500$322,755,862,435
Franchise Fee $30,000$45,000
Royalty Fee 5%6%
Advertising Fee -3%
Year Founded 19902003
Year Franchised 20042005
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee $5K10% of franchise fee


Business Experience Requirements
 
City Wok Franchise
Teriyaki Madness Franchise
Experience
  • General business experience
    		• -

    Financing Options
     
    City Wok Franchise
    Teriyaki Madness Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/No-/Yes
    Start-up Costs No/No-/Yes
    Equipment No/No-/Yes
    Inventory No/No-/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support
     
    City Wok Franchise
    Teriyaki Madness Franchise
    Training -On-the-job training: 195 hours Classroom training: 50.5 hours
    Support Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperativesPurchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform
    Marketing Co-op advertisingCo-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
    Operations International franchisees required to buy multiple units/master licenses; 100% of all franchisees own more than one unit

    Absentee ownership of franchise is NOT allowed. (65% of current franchisees are owner/operators)

    		Number of Employees Required to Run: 10

    Expansion Plans
     
    City Wok Franchise
    Teriyaki Madness Franchise
    US Expansion -Yes
    Canada Expansion No-
    International Expansion YesYes

    Company Overviews

    About City Wok

    The dream was a contemporary yet casual restaurant offering authentic, upscale Asian cuisine. Today, City Wok is proud to be recognized by Restaurant Hospitality magazine as personifying the future of fast-casual dining.

    Stuart Davis opened his first City Wok in 1990, working extensively with Hing Fan Chan, an executive chef trained in Kowloon, China. While other restaurants may water down, Americanize or over-expand their menus to appeal to the masses, Davis created the City Wok concept from his desire to deliver authentic Chinese dishes in a style that appeals to Americans.

    About Teriyaki Madness

    Teriyaki Madness is a fast-casual Asian inspired restaurant serving exceptional Teriyaki cuisine in a fun and relaxed atmosphere. Our menu offers an assortment of high quality meats grilled to perfection with our signature sauces, plus a variety of other popular Asian entrees and delicious side dishes.

    Veteran Incentives: 15% off franchise fee
    "Top #94 in Gator's Top franchises."Entrepreneur
    #461 in Franchise 500 for 2020.
    #247 in Franchise 500 for 2021.