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Updated RecentlyMagic Wok vs Yogis Grill Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Magic Wok vs Yogis Grill including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $95,000 - $150,000 | $268,050 - $434,055 |
| Franchise Fee | $12,500 | $30,000 |
| Royalty Fee | 5% | 3% |
| Advertising Fee | 3% | 2% |
| Year Founded | 1983 | 2005 |
| Year Franchised | 1991 | 2008 |
| Term Of Agreement | 10 years +10 | - |
| Term Of Agreement | 10 years +10 | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | -/- |
| Start-up Costs | -/- | -/- |
| Equipment | -/- | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
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| Training | Toledo, OH 3-4 Weeks | Training will be available at our company headquarters, or at another exclusive location, and will last for 1 week. Members of our management team will conduct training. Training will be provided for 2 people per franchised business. Ongoing training is also available. |
| Support | Field Operation Evaluation Field Training Initial Store Opening Inventory Control Regional or National Meetings 800 Telephone Hotline | - |
| Marketing | - | - |
| Operations | Average Number of Employees: 2 Full-time, 8 Part-time Passive Ownership: Allowed, But Discouraged | - |
Expansion Plans |
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| US Expansion | Yes | - |
| Canada Expansion | - | - |
| International Expansion | Yes | - |
Company Overviews
About Magic Wok
Quick-service, made-to-order, hot oriental concept. Stand alone, mall, drive-thru, delivery, school lunch and other non-traditional operations. Low barrier to entry, high return on investment. Domestic and international.
About Yogis Grill
The Yogis Grill is an excellent opportunity for you to own your own business in a growing industry with high upside potential.Yogis Grill Casual Japanese Restaurant. To support our current growth plans, we seek qualified individuals with passion, energy, and drive, who are capable of using our systems and support to develop their own successful business.
We work with entrepreneurs to build strong and successful casual Japanese restaurant businesses. Our experience and leading edge systems provide each casual Japanese restaurant franchise with the direction that helps them achieve the goals they have for their business.
Franchises are available in selected areas.