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Below is an in-depth analysis and side-by-side comparison of Mr. Whaw Grill & Restaurant vs Wok Box including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $43,450 | $350,000 - $425,000 |
Franchise Fee | $6,500 | $25,000 |
Royalty Fee | 5% | 6% |
Advertising Fee | - | 3% |
Year Founded | - | 2004 |
Year Franchised | - | 2005 |
Term Of Agreement | 5 years | - |
Term Of Agreement | 5 years | - |
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 | - | Prior to the opening of your Wok Box Fresh Asian Kitchen, Wok Box will provide the franchisee with extensive training in one of our corporate stores and at our Head Office. During this training the franchisee will learn all the hands on aspects of preparing each dish, how to make orders to minimize product waste, the industry secrets to operating a successful restaurant, how to utilize the Point of Sale systems and most importantly allow the franchisee to become an integral part of the Wok Box team. |
Support | - | Wok Box regional Operations Managers and Master Developers will be in constant contact with all franchisees to ensure that the Wok Box product is being prepared consistently across the markets. These key people will provide Franchisees advice on how to improve their operations and ultimately will aid all Wok Box Fresh Asian Kitchens to succeed. |
Marketing | - | Each Wok Box Franchise contributes 3% of their gross sales to an advertising fund that will be used by Wok Box to maximize the exposure of the brand and products. Wok Box's Executive team has a wealth of knowledge for franchisees on how to best advertise and market their stores and will provide each store advice on how to promote their store in their individual market. |
Operations | - | A Franchisee who purchases a Wok Box Franchise does not have to personally operate the Wok Box restaurant. However, there must be a full time Manager who has satisfactorily completed the training course provided by Wok Box and is involved in the operations or overseeing of the restaurant. Wok Box does not want to jeopardize the brand by having untrained or inexperienced personnel operating the stores. It is critical to note that to a large part the success of a Wok Box franchise depends on the enthusiasm, work ethic, attitude, and entrepreneurial skills of the Franchisee. Therefore Wok Box strongly recommends that Franchisees be actively involved on a day-to-day basis in their restaurant. It will also provide a better support network if Franchisees have questions for management at Wok Box headquarters. |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | - | - |
International Expansion | - | - |
At Mr. Whaw Grill & Restaurant, you'll taste the difference of Emmanuel's fondness of food. His secrets; quality ingredients, grilling/cooking expertise and a relaxed and friendly atmosphere and one of a kind Litson Biik. A true Davaoeno together with his finest staff handed out the premises of tendering the mass with affordable, exceptional, family friendly restaurant that offers a most pleasant, non-stocking dining experience with plentiful, authentic home style cooking. With its tropical motif, accommodating service, affordable prices, delicious food and popular dessert, Mr. Whaw Grill & Restaurant spelled the equation of steady success in the grilling and restaurant business. Its armor against rigid competition is not only its captivating dishes but also its well-trained staff whose main objective is to preserve its excellent service and meet the client's expectations.
The cost of the franchise fee includes:
* Use of trade name and proprietary marks * Site approval * Training for franchisee, supervisor, crew * Procurement program * Opening assistance * Operations manual * Research and development