City Wok vs Tobu Franchise Comparison

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

Start-Up Costs and Fees
 
City Wok Franchise
Tobu Franchise
Investment $243,400 - $568,500$330,000 - $475,000
Franchise Fee $30,000$30,000
Royalty Fee 5%6%
Advertising Fee --
Year Founded 1990-
Year Franchised 2004-
Term Of Agreement 10 years10 Years
Term Of Agreement 10 years10 Years
Renewal Fee $5K$55000


Business Experience Requirements
 
City Wok Franchise
Tobu Franchise
Experience
  • General business experience
    		• -

    Financing Options
     
    City Wok Franchise
    Tobu 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
    Tobu 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
    Tobu Franchise
    US Expansion --
    Canada Expansion NoNo
    International Expansion YesNo

    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 Tobu

    TOBU sets the bar for the up and coming era of fast food ideas for Mall and Airport nourishment courts all through the nation. We as of late commended the Grand Opening of Tobu's Asian affected offerings at Simon Property Group's head Town Center at Boca Raton, Boca Raton Florida.

    With a mix of diligent work, foreknowledge and advancement, TOBU has taken the standard of Asian speedy support of an altogether new level. Our perfect, eye-getting store appearance and similarly noteworthy sustenance quality has made TOBU the nourishment court most loved as a #1 administrator offering an assortment of particular and delectable menu things.

    Pushing ahead, TOBU tries to give an imaginative style and a special option at Malls and Airports around the United States by serving just the finest fixings and introducing the most ideal feasting background.