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Updated RecentlyMagic Wok vs Tobu Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Magic Wok vs Tobu 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 | $330,000 - $475,000 |
| Franchise Fee | $12,500 | $30,000 |
| Royalty Fee | 5% | 6% |
| Advertising Fee | 3% | - |
| Year Founded | 1983 | - |
| Year Franchised | 1991 | - |
| Term Of Agreement | 10 years +10 | 10 Years |
| Term Of Agreement | 10 years +10 | 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 | -/- | -/- |
| 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 | - |
| Canada Expansion | - | No |
| International Expansion | Yes | No |
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 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.