Mega Wraps vs Hongkong Noodle Factory Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Mega Wraps vs Hongkong Noodle Factory including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Mega Wraps Franchise
Hongkong Noodle Factory Franchise
Investment $189,000$1,600
Franchise Fee $10,000$1,450
Royalty Fee 6%0
Advertising Fee 2%0
Year Founded 1998-
Year Franchised 1999-
Term Of Agreement 5 Years +53 years
Term Of Agreement 5 Years +53 years
Renewal Fee --


Business Experience Requirements

 
Mega Wraps Franchise
Hongkong Noodle Factory Franchise
Experience --

Financing Options

 
Mega Wraps Franchise
Hongkong Noodle Factory Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
Mega Wraps Franchise
Hongkong Noodle Factory Franchise
Training --
Support --
Marketing --
Operations Average Number of Employees: 2 Full-time, 4 Part-time Passive Ownership: Allowed, But Discouraged-

Expansion Plans

 
Mega Wraps Franchise
Hongkong Noodle Factory Franchise
US Expansion Yes-
Canada Expansion Yes-
International Expansion --

Company Overviews

About Mega Wraps

Mega Wraps is defining a healthy outlook on the quick service restaurant. With the current customer trends in mind, Mega Wraps features a variety of Pita Wrap offerings. Founded in Toronto, Ontario, Canada, Mega Wraps is poised to establish itself as an industry leader across North America.

About Hongkong Noodle Factory

E-Concept Business Consultancy, Inc. would like to extend our warmest welcome to you, our dear visitor! We here at E-Concept value 'People' and 'Service' as our most valuable asset. With a mix of western and eastern culture we come up with innovative solutions to cater for the ever changing Asian market. We provide franchise development and selling service for interested entrepreneur. Geared towards versatile and effective operation for positive profit potential. Also we have Marketing and Management Consultancy services for small and medium scale business who in turn need a good efficient system to integrate with their current operations. Franchise Package includes * Use of Name * Transfer Of Technology * Business System * Marketing Support * Pre Opening Assistance * Grand Opening * Post Opening * Recruitment and training of Crew * Orientation of Franchisee * Site Assistance * Permit Assistance * Free delivery of stocks within Metro Manila Item Setup 1. Outdoor Cart - Free 2. Operating Equipment & Utensils: * (1)Gulaman Container * (1)Super Kalan * (1)Showcase Cabinet * Frying Pan * Complete Set of Kitchen & Operating Utensils * (2)Set of uniform * NOTE: (1)Chest type freezer just add Php 5,000 3. Initial inventory worth Php 2,000