Start-Up Costs and Fees |
||
| City Wok | Rice King | |
| Investment | 243400 - 568500 | 173500 - 395000 |
| Franchise Fee | ||
| Royalty Fee | 5% | |
| Advertising Fee | ||
| Year Founded | 1990 | 1982 |
| Year Franchised | 2004 | 1996 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| City Wok | Rice King | |
| Experience | General business experience | |
Financing Options |
||
| City Wok | Rice King | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| City Wok | Rice King | |
| 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 | Rice King | |
| 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 | |
| Rice King | |
| Franchise Fee | |
| City Wok | |
| Rice King | |
| Royalty Fee | |
| City Wok | 5% |
| Rice King | |
| Advertising Fee | |
| City Wok | |
| Rice King | |
| Year Founded | |
| City Wok | 1990 |
| Rice King | 1982 |
| Year Franchised | |
| City Wok | 2004 |
| Rice King | 1996 |
| Term Of Agreement | |
| City Wok | 10 years |
| Rice King | |
| Renewal Fee | |
| City Wok | $5K |
| Rice King | |
Business Experience Requirements |
|
| Experience | |
| City Wok | General business experience |
| Rice King | |
Financing Options |
|
| Franchise Fees | |
| City Wok | No |
| Rice King | No |
| Start-up Costs | |
| City Wok | |
| Rice King | |
| Equipment | |
| City Wok} | |
| Rice King | |
| Inventory | |
| City Wok | |
| Rice King | |
| Receivables | |
| City Wok | |
| Rice King | |
| Payroll | |
| City Wok | |
| Rice King | |
Training & Support |
|
| Training | |
| City Wok | |
| Rice King | |
| Support | |
| City Wok | Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives |
| Rice King | |
| Marketing | |
| City Wok | Co-op advertising |
| Rice King | |
| 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) |
| Rice King | |
Expansion Plans |
|
| US Expansion | |
| City Wok | |
| Rice King | 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 |
| Rice King | |
| International Expansion | |
| City Wok | |
| Rice King | |