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 | Manchu WokFast & Fresh Chinese Cuisine |
Business Type
FranchiseMin Liquid Capital
$248,252 to $393,500Number of Units
205In Business Since
1980* For Current Info See:
Franchise Disclosure Document
Overview
These days, area development opportunities are rare and right now Chinese franchise 'chains' are underdeveloped. Here's your opportunity to develop an area that best suits your business plan, virtually anywhere in North America.
Take control of an exclusive, protected franchise area in a growing market segment. Control future development and your long-term business growth in the market you choose. Leverage your existing overhead and strengthen your position with landlords and suppliers.
We also have a "Seed Store" program whereby we will sell you, our new Area Partner, corporate stores within your area.
We are aggressively pursuing growth in street front restaurants, malls, airports, hospitals, entertainment venues, and military bases.
Take control of an exclusive, protected franchise area in a growing market segment. Control future development and your long-term business growth in the market you choose. Leverage your existing overhead and strengthen your position with landlords and suppliers.
We also have a "Seed Store" program whereby we will sell you, our new Area Partner, corporate stores within your area.
We are aggressively pursuing growth in street front restaurants, malls, airports, hospitals, entertainment venues, and military bases.
Training & Support
We enjoy an enviable reputation for operational efficiency and simplified operating systems. Our operations department is responsible for establishing menu plans that consistently satisfy our patrons' ever-changing tastes. The result is tested, proven and profitable menu offerings. We forge strong relationships with our suppliers resulting in superior national distribution programs and unparalleled purchasing power for our franchise partners. The operations group is also responsible for extensive high quality training and support of our franchise partners.
Why Manchu Wok (USA), Inc.?
Today, the hottest segment among Quick Service Restaurants is 'ethnic' cuisine. And the hottest of the hot is Chinese.
No real surprise, when you consider that Chinese food has 97% awareness in North America, with a broad 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.
It is also no surprise that the Chinese food category has seen an increase of 6% share of eater occasions year-over-year compared to traditional giants like burgers (-6%) and pizza (-4%). Plus, the total spend on Chinese food continues to increase. In fact, of all ethnic foods, Chinese food makes up over 25% of all eater occasions.
The real opportunity is that while over 70% of the Chinese QSR segment is still comprised of independent operators, research shows that in every segment, chains outperform independents, hands down.
With over 200 restaurants, Manchu WOK has a well-established brand name, reputation and track record - boasting sales of $165 million annually and named Forbes #1 Chinese QSR franchise for five years in a row. Our experience and knowledge of this market span more than 25 years.
No real surprise, when you consider that Chinese food has 97% awareness in North America, with a broad 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.
It is also no surprise that the Chinese food category has seen an increase of 6% share of eater occasions year-over-year compared to traditional giants like burgers (-6%) and pizza (-4%). Plus, the total spend on Chinese food continues to increase. In fact, of all ethnic foods, Chinese food makes up over 25% of all eater occasions.
The real opportunity is that while over 70% of the Chinese QSR segment is still comprised of independent operators, research shows that in every segment, chains outperform independents, hands down.
With over 200 restaurants, Manchu WOK has a well-established brand name, reputation and track record - boasting sales of $165 million annually and named Forbes #1 Chinese QSR franchise for five years in a row. Our experience and knowledge of this market span more than 25 years.
Are You a Good Fit for Manchu Wok (USA), Inc.?
The Franchisee does not have
to personally operate the Manchu WOK restaurants. However, there must
be a full time Manager who has satisfactorily completed the training
course provided by Manchu WOK and is devoted to the operation of the
restaurant. In addition, it is important to note that to a large part
the success of a Manchu WOK franchise depends on the entrepreneurial
skills, attitude, and financial stability of the Franchisee. Therefore
Manchu WOK strongly recommends that Franchisees be actively involved on
a day-to-day basis in their restaurant.Your estimated initial investment to construct a new Manchu WOK outlet varies depending on type and size of location: i.e. food-court, in-line, end-cap or free-standing between $248,250 - $393,500. There are a number of corporate locations currently in operation for sale at prices less than the above investment amount. The specific breakdowns of these costs are outlined in the Disclosure Document. The Company may sell existing Company-owned units as well. The price and terms for your purchase of a Company-owned Manchu WOK will be established by mutual agreement.
