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Below is an in-depth analysis and side-by-side comparison of Asian Chao vs Wok Box including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $330,000 - $475,000 | $350,000 - $425,000 |
Franchise Fee | $30,000 | $25,000 |
Royalty Fee | 6% | 6% |
Advertising Fee | - | 3% |
Year Founded | 1991 | 2004 |
Year Franchised | 2001 | 2005 |
Term Of Agreement | 10 Years | - |
Term Of Agreement | 10 Years | - |
Renewal Fee | $55000 | - |
Business Experience Requirements |
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Experience | - | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/Yes | -/- |
Payroll | No/Yes | -/- |
Training & Support |
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Training | - | Prior to the opening of your Wok Box Fresh Asian Kitchen, Wok Box will provide the franchisee with extensive training in one of our corporate stores and at our Head Office. During this training the franchisee will learn all the hands on aspects of preparing each dish, how to make orders to minimize product waste, the industry secrets to operating a successful restaurant, how to utilize the Point of Sale systems and most importantly allow the franchisee to become an integral part of the Wok Box team. |
Support | - | Wok Box regional Operations Managers and Master Developers will be in constant contact with all franchisees to ensure that the Wok Box product is being prepared consistently across the markets. These key people will provide Franchisees advice on how to improve their operations and ultimately will aid all Wok Box Fresh Asian Kitchens to succeed. |
Marketing | - | Each Wok Box Franchise contributes 3% of their gross sales to an advertising fund that will be used by Wok Box to maximize the exposure of the brand and products. Wok Box's Executive team has a wealth of knowledge for franchisees on how to best advertise and market their stores and will provide each store advice on how to promote their store in their individual market. |
Operations | - | A Franchisee who purchases a Wok Box Franchise does not have to personally operate the Wok Box restaurant. However, there must be a full time Manager who has satisfactorily completed the training course provided by Wok Box and is involved in the operations or overseeing of the restaurant. Wok Box does not want to jeopardize the brand by having untrained or inexperienced personnel operating the stores. It is critical to note that to a large part the success of a Wok Box franchise depends on the enthusiasm, work ethic, attitude, and entrepreneurial skills of the Franchisee. Therefore Wok Box strongly recommends that Franchisees be actively involved on a day-to-day basis in their restaurant. It will also provide a better support network if Franchisees have questions for management at Wok Box headquarters. |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | No | - |
International Expansion | No | - |
We endeavor to be #1.
Establishment openings flourish over the United States, yet once in a while do you have an opportunity to consider a reasonable establishment opportunity with an industry pioneer and over two many years of accomplishment. Presently you do. Today, right around half of the organization stores of Food Systems Unlimited are being worked as fruitful establishments, gaining by diligent work, a demonstrated framework, and advancement. They are getting a charge out of long haul monetary autonomy through commitment to their business. As a result of our enthusiasm for nourishment, imaginative style, and a guarantee to quality and administration, the eateries that are a piece of the Food Systems Unlimited family consistently rank as a #1 administrator in deals.
Our unfaltering, steady deals development and overpowering purchaser fulfillment for our items, moves and strengthens our dedication to keeping up an elevated requirement in every aspect of operations. Our new and one of a kind cooking and creative outline help our eateries emerge and pull in clients who acknowledge quality sustenance at a reasonable cost. We just put resources into the best plan qualities as created by our in-house planners, designers, and CAD staff. Operation Training and Support, Recipe Training and Development, National Account Pricing, and On-going Quality gauges far surpass other existing nourishment court administrators.
Sustenance Systems Unlimited is focused on the proceeded with change of all regions of Operations as we extend broadly and universally. The Company offers diversifying chances to people who are vigorous and roused to convey "an incredible experience."