City Wok vs Tiki-Ming Franchise Comparison

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

Start-Up Costs and Fees
 
City Wok Franchise
Tiki-Ming Franchise
Investment $243,400 - $568,500$175,000 - $500,000
Franchise Fee $30,000$30,000 - $40,000
Royalty Fee 5%-
Advertising Fee --
Year Founded 19901979
Year Franchised 20041983
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee $5K-


Business Experience Requirements
 
City Wok Franchise
Tiki-Ming Franchise
Experience
  • General business experience
    		• -

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

    Training & Support
     
    City Wok Franchise
    Tiki-Ming Franchise
    Training --
    Support Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives-
    Marketing Co-op advertising-
    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)

    		-

    Expansion Plans
     
    City Wok Franchise
    Tiki-Ming 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 Tiki-Ming

    Tiki-Ming is one of Canada's pioneers in the Chinese speedy administration industry. Since 1983, Canadians have appreciated the delicious and endearing taste of Tiki-Ming's food. From the minute you approach
    Tiki-Ming's popular steam table, you will be welcomed by a cornucopia of delightful and ameliorating Chinese dishes made new day by day by our high-gifted gourmet specialists. From our well known General Tao chicken to our compelling panfry choice, you will experience serious difficulties! Our menu likewise incorporates an assortment of true made-to-request panfry dishes newly arranged in our woks and an assortment of wonderful noodle soups.

    Based on convention and bona fide values, Tiki-Ming has an unbelievably wide interest to clients of any age and is prepared to fulfill all Chinese sustenance yearnings!