City Wok vs Teriyaki Experience Canada Franchise Comparison

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

Start-Up Costs and Fees
 
City Wok Franchise
Teriyaki Experience Canada Franchise
Investment $243,400 - $568,500$265,000 - $380,000
Franchise Fee $30,000$30,000
Royalty Fee 5%6%
Advertising Fee -3%
Year Founded 1990-
Year Franchised 2004-
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee $5K-


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

    Financing Options
     
    City Wok Franchise
    Teriyaki Experience Canada 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
    Teriyaki Experience Canada 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
    Teriyaki Experience Canada Franchise
    US Expansion --
    Canada Expansion No-
    International Expansion Yes-

    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 Experience Canada

    Since 1986, Teriyaki Experience has been delivering fast, fresh and healthy Asian-inspired fast food to fulfill guests’ taste for great flavours and fast service. Recognized as the healthy alternative to traditional fast food, we’ve built a unique concept around the teppanyaki grill where meals are prepared right before guests’ eyes. A complete line of flavourful, Asian-inspired secret sauces top our rice and noodle meals.
    Get in on the growing trend toward fast, fresh, healthy Asian-inspired food. The Teriyaki Experience franchise concept is a sizzling hot opportunity that serves up what consumers are looking for.Teriyaki Experience enjoys top of mind recognition and hits the mark with the growing popularity of healthy eating in the fast food arena. Here's what we offer: * Turnkey operation * Branded store design * Proven operating system * Extensive training program * Ongoing operational support * Comprehensive marketing support * Chain strength of over 100 locations * Freshly prepared, delicious and nutritious menu offerings with wide market appeal * Locations across Canada, Europe and the Middle East