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Updated RecentlyMagic Wok vs Jinya Ramen Bar Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Magic Wok vs Jinya Ramen Bar 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 | $1,105,000 - $1,561,000 |
| Franchise Fee | $12,500 | $30,000 |
| Royalty Fee | 5% | 5% |
| Advertising Fee | 3% | 1% |
| Year Founded | 1983 | 2010 |
| Year Franchised | 1991 | 2012 |
| 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 | - | Yes |
| 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 Jinya Ramen Bar
Dedicated to the highest standards of sensible investment, Jinya Ramen Bar is committed to partnering with professional franchisees who are aligned with the company culture and committed to providing an
unsurpassed guest experience.
#339 in Franchise 500 for 2021. Not in Franchise 500 for 2020.