|
Below is an in-depth analysis and side-by-side comparison of Vie & Nam vs Pokeworks including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $175,000 - $500,000 | $263,000 - $1,968,000 |
Franchise Fee | $30,000 - $40,000 | $25,000 - $35,000 |
Royalty Fee | - | 6% |
Advertising Fee | - | 1.5% |
Year Founded | 1979 | 2015 |
Year Franchised | 2008 | 2016 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
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 | - | On-The-Job Training: 40 hours Classroom Training: 40 hours Additional Training: At training center |
Support | - | Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform |
Marketing | - | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
Operations | - | Absentee Ownership Allowed Number of Employees Required to Run: 12 |
Expansion Plans |
||
US Expansion | Yes | Yes |
Canada Expansion | - | - |
International Expansion | Yes | Yes |
Vie and Nam's idea depends on serving the most prevalent Vietnamese dishes in a stylish environment at a sensible cost. The all around enjoyed "Phò" soup, made of a fragrant juices prepared with star anise and cinnamon that has stewed for quite a long time, is one of our claims to fame. Unexpectedly, our dishes are set up with the freshest fixings.
The contrast between the Vietnamese food and other oriental cooking styles is in the straightforward fixings that are utilized, alongside the sound method for setting them up. We offer barbecued meats prepared with lemon grass and presented with rice or vermicelli, our customary or fiery soup and our renowned fledgling's home made of fresh noodles and crunchy vegetables, and in addition our delectable bánh mì sandwich. What an incredible affair for our clients to appreciate - Vietnamese cooking presented with a cutting edge touch!
Pokéworks is a ground-breaking, healthy fast-casual restaurant concept that began on a rainy day in December of 2015 in a tiny location in Midtown Manhattan. Today, it has grown into one of the largest and fastest growing poke brands in the nation and one we can proudly say is anchored almost entirely with multi-unit institutional franchisees.
Pokéworks was born on that quiet Winter day with a trickle of curious New Yorkers that wondered in to experience poke for the first time. Weeks later, hundreds stood in line outside our tiny restaurant willing to wait 45 minutes or more to build their own poke burrito or bowl. While more than 700 New Yorkers were enjoying our poke per day, our ground breaking “The ‘Sushi Burrito’ has hit NYC and its amazing” video went viral and received more than 42 million views. As a result, Pokéworks quickly became known worldwide as one of the leading poke franchise brands.