Magic Wok vs Mai Sushi Bars Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Magic Wok vs Mai Sushi Bars including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Magic Wok Franchise
Mai Sushi Bars Franchise
Investment $95,000 - $150,000$5,900 - $114,500
Franchise Fee $12,500$3,500 - $4,500
Royalty Fee 5%-
Advertising Fee 3%-
Year Founded 19832015
Year Franchised 19912015
Term Of Agreement 10 years +10-
Term Of Agreement 10 years +10-
Renewal Fee --


Business Experience Requirements

 
Magic Wok Franchise
Mai Sushi Bars Franchise
Experience --

Financing Options

 
Magic Wok Franchise
Mai Sushi Bars Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
Magic Wok Franchise
Mai Sushi Bars 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
Mai Sushi Bars Franchise
US Expansion YesYes
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 Mai Sushi Bars

"Mai

Mai Sushi Bars specializes in pre-packaged and made-to-order sushi, Japanese food, soups, hot and cold rice, hot and cold noodle bowls, hot and cold vegetable bowls and other food items.

The total investment necessary to begin operation of a new Mai sushi bar is from $44,050 to $114,500. This includes between $13,000 and $38,000 that must be paid to the franchisor or an affiliate.
The total investment necessary to begin operation of a new Mai satellite sushi bar is from $5,900 to $18,750. This includes between $4,150 and $14,500 that must be paid to the franchisor or an affiliate.