Start-Up Costs and Fees |
||
| Hummus & Pita Co | Manchu Wok | |
| Investment | 409000 - 734500 | 476050 - 787500 |
| Franchise Fee | 0 | |
| Royalty Fee | 6% | 7% |
| Advertising Fee | 3% | 1% |
| Year Founded | 2011 | 1981 |
| Year Franchised | 0 | 1989 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Hummus & Pita Co | Manchu Wok | |
| Experience | Prospective franchisees must meet the minimum requirements listed below in order to be considered for a Hummus & Pita Co. franchise. * $1MM net worth * $500K liquid capital available for investment * Willing to develop a territory of at least 5 Units * Ready to begin territory development within the next 3 months | Industry experience General business experience Marketing skills |
Financing Options |
||
| Hummus & Pita Co | Manchu Wok | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Hummus & Pita Co | Manchu Wok | |
| Training | ||
| Support | The Hummus & Pita Co. is committed to quality and consistency at every location and has developed systems which make duplicating the famous recipes and flavors easy for franchisees. We use best-in-class partners to guarantee product consistency and distribution to all restaurants. Additional support provided to franchisees includes: * Real Estate/Site Selection * Store Build-Out/Construction * Training Systems * Operational Support * Recipe and Menu Development * Marketing and Brand Building * Vendor and Equipment Selection * Point of Sale System * Pre-Opening/Grand Opening Support * Business Consulting | Newsletter, Meetings, Toll-free phone line, Grand opening, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | |
| Operations | 20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 12 Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Hummus & Pita Co | Manchu Wok | |
| 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 | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Hummus & Pita Co | |
| Manchu Wok | |
| Franchise Fee | |
| Hummus & Pita Co | |
| Manchu Wok | |
| Royalty Fee | |
| Hummus & Pita Co | 6% |
| Manchu Wok | 7% |
| Advertising Fee | |
| Hummus & Pita Co | 3% |
| Manchu Wok | 1% |
| Year Founded | |
| Hummus & Pita Co | 2011 |
| Manchu Wok | 1981 |
| Year Franchised | |
| Hummus & Pita Co | 0 |
| Manchu Wok | 1989 |
| Term Of Agreement | |
| Hummus & Pita Co | |
| Manchu Wok | 5 years |
| Renewal Fee | |
| Hummus & Pita Co | |
| Manchu Wok | $3K per year |
Business Experience Requirements |
|
| Experience | |
| Hummus & Pita Co | Prospective franchisees must meet the minimum requirements listed below in order to be considered for a Hummus & Pita Co. franchise. * $1MM net worth * $500K liquid capital available for investment * Willing to develop a territory of at least 5 Units * Ready to begin territory development within the next 3 months |
| Manchu Wok | Industry experience General business experience Marketing skills |
Financing Options |
|
| Franchise Fees | |
| Hummus & Pita Co | |
| Manchu Wok | |
| Start-up Costs | |
| Hummus & Pita Co | |
| Manchu Wok | |
| Equipment | |
| Hummus & Pita Co} | |
| Manchu Wok | |
| Inventory | |
| Hummus & Pita Co | |
| Manchu Wok | |
| Receivables | |
| Hummus & Pita Co | |
| Manchu Wok | |
| Payroll | |
| Hummus & Pita Co | |
| Manchu Wok | |
Training & Support |
|
| Training | |
| Hummus & Pita Co | |
| Manchu Wok | |
| Support | |
| Hummus & Pita Co | The Hummus & Pita Co. is committed to quality and consistency at every location and has developed systems which make duplicating the famous recipes and flavors easy for franchisees. We use best-in-class partners to guarantee product consistency and distribution to all restaurants. Additional support provided to franchisees includes: * Real Estate/Site Selection * Store Build-Out/Construction * Training Systems * Operational Support * Recipe and Menu Development * Marketing and Brand Building * Vendor and Equipment Selection * Point of Sale System * Pre-Opening/Grand Opening Support * Business Consulting |
| Manchu Wok | Newsletter, Meetings, Toll-free phone line, Grand opening, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Hummus & Pita Co | |
| Manchu Wok | Co-op advertising, Ad slicks, National media, Regional advertising |
| Operations | |
| Hummus & Pita Co | |
| Manchu Wok | 20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 12 Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| Hummus & Pita Co | 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 |
| Manchu Wok | |
| Canada Expansion | |
| Hummus & Pita Co | |
| Manchu Wok | |
| International Expansion | |
| Hummus & Pita Co | |
| Manchu Wok | |