|
Below is an in-depth analysis and side-by-side comparison of Mr. Whaw Grill & Restaurant vs Rice King including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $43,450 | $173,500 - $395,000 |
Franchise Fee | $6,500 | $13,000 |
Royalty Fee | 5% | - |
Advertising Fee | - | - |
Year Founded | - | 1982 |
Year Franchised | - | 1996 |
Term Of Agreement | 5 years | - |
Term Of Agreement | 5 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | - | - |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
||
Training | - | - |
Support | - | - |
Marketing | - | - |
Operations | - | - |
Expansion Plans |
||
US Expansion | - | Yes |
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
The Asian Food Market is growing fast! Today, the hottest segment among Fast Food Restaurants is 'ethnic' cuisine. Among the hottest of the hot is Chinese / Japanese. There should be no surprise, considering that Chinese food has 97% awareness (1) in the United States, with a wide base of appeal across the adult population. In fact, Chinese food is so ingrained in the American culture that it is no longer considered ethnic.(2) (1) The Emerging Ethnic Foods Market. U.S. Consumer Intelligence, June 2004 (2)- Ethnic Cuisines, National Restaurant Association, 2003 Benefits 1. Stable Sales 2. Training 3. Training Management Skills 4. Co-Advertising 5. Food Distribution Channels 6. Developing New Menu Items 7. Lease Negotiations