Magic 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

 
Magic Wok Franchise
Vie & Nam Franchise
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 19831979
Year Franchised 19912008
Term Of Agreement 10 years +10-
Term Of Agreement 10 years +10-
Renewal Fee --


Business Experience Requirements

 
Magic Wok Franchise
Vie & Nam Franchise
Experience --

Financing Options

 
Magic Wok Franchise
Vie & Nam Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
Magic Wok Franchise
Vie & Nam Franchise
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

 
Magic Wok Franchise
Vie & Nam Franchise
US Expansion YesYes
Canada Expansion --
International Expansion YesYes

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!