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Updated RecentlyMagic Wok vs Vie & Nam Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Magic Wok vs Vie & Nam 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 | $175,000 - $500,000 |
| Franchise Fee | $12,500 | $30,000 - $40,000 |
| Royalty Fee | 5% | - |
| Advertising Fee | 3% | - |
| Year Founded | 1983 | 1979 |
| 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 | - |
| 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 | Yes |
| Canada Expansion | - | - |
| International Expansion | Yes | 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 Vie & Nam
Vie and Nam's idea depends on serving the most prevalent Vietnamese dishes in a stylish environment at a sensible cost. The all around enjoyed "Phò" soup, made of a fragrant juices prepared with star anise and cinnamon that has stewed for quite a long time, is one of our claims to fame. Unexpectedly, our dishes are set up with the freshest fixings.
The contrast between the Vietnamese food and other oriental cooking styles is in the straightforward fixings that are utilized, alongside the sound method for setting them up. We offer barbecued meats prepared with lemon grass and presented with rice or vermicelli, our customary or fiery soup and our renowned fledgling's home made of fresh noodles and crunchy vegetables, and in addition our delectable bánh mì sandwich. What an incredible affair for our clients to appreciate - Vietnamese cooking presented with a cutting edge touch!