Start-Up Costs and Fees |
||
| City Wok | Bann Thai | |
| Investment | 243400 - 568500 | 224000 - 603000 |
| Franchise Fee | ||
| Royalty Fee | 5% | 5% |
| Advertising Fee | ||
| Year Founded | 1990 | 2010 |
| Year Franchised | 2004 | 2013 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| City Wok | Bann Thai | |
| Experience | General business experience | DRIVER Has written and actionable goals Focus on the end result, regardless of the amount of time it takes to get there. Plan and act towards desired goals better than current circumstance Focus on what is going right, regardless of what is going wrong If this sounds like you, we are looking for you. |
Financing Options |
||
| City Wok | Bann Thai | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| City Wok | Bann Thai | |
| Training | ||
| Support | Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives | |
| Marketing | Co-op advertising | |
| Operations | International franchisees required to buy multiple units/master licenses; 100% of all franchisees own more than one unit Absentee ownership of franchise is NOT allowed. (65% of current franchisees are owner/operators) | |
Expansion Plans |
||
| City Wok | Bann Thai | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| City Wok | |
| Bann Thai | |
| Franchise Fee | |
| City Wok | |
| Bann Thai | |
| Royalty Fee | |
| City Wok | 5% |
| Bann Thai | 5% |
| Advertising Fee | |
| City Wok | |
| Bann Thai | |
| Year Founded | |
| City Wok | 1990 |
| Bann Thai | 2010 |
| Year Franchised | |
| City Wok | 2004 |
| Bann Thai | 2013 |
| Term Of Agreement | |
| City Wok | 10 years |
| Bann Thai | 10 years |
| Renewal Fee | |
| City Wok | $5K |
| Bann Thai | |
Business Experience Requirements |
|
| Experience | |
| City Wok | General business experience |
| Bann Thai | DRIVER Has written and actionable goals Focus on the end result, regardless of the amount of time it takes to get there. Plan and act towards desired goals better than current circumstance Focus on what is going right, regardless of what is going wrong If this sounds like you, we are looking for you. |
Financing Options |
|
| Franchise Fees | |
| City Wok | No |
| Bann Thai | No |
| Start-up Costs | |
| City Wok | |
| Bann Thai | |
| Equipment | |
| City Wok} | |
| Bann Thai | |
| Inventory | |
| City Wok | |
| Bann Thai | |
| Receivables | |
| City Wok | |
| Bann Thai | |
| Payroll | |
| City Wok | |
| Bann Thai | |
Training & Support |
|
| Training | |
| City Wok | |
| Bann Thai | |
| Support | |
| City Wok | Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives |
| Bann Thai | |
| Marketing | |
| City Wok | Co-op advertising |
| Bann Thai | |
| Operations | |
| City Wok | International franchisees required to buy multiple units/master licenses; 100% of all franchisees own more than one unit Absentee ownership of franchise is NOT allowed. (65% of current franchisees are owner/operators) |
| Bann Thai | |
Expansion Plans |
|
| US Expansion | |
| City Wok | |
| Bann Thai | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | |
| City Wok | 0 |
| Bann Thai | |
| International Expansion | |
| City Wok | |
| Bann Thai | |