Koya Japan vs Magic Wok Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Koya Japan vs Magic Wok including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

  Koya Japan Magic Wok
Investment 185000 - 215000 95000 - 150000
Franchise Fee 0
Royalty Fee 5%
Advertising Fee 3%
Year Founded 0 1983
Year Franchised 0 1991
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  Koya Japan Magic Wok
Experience

Financing Options

  Koya Japan Magic Wok
 
Franchise Fees
Start-up Costs
Equipment
Inventory
Receivables
Payroll

Training & Support

  Koya Japan Magic Wok
Training Toledo, OH 3-4 Weeks
Support Field Operation Evaluation Field Training Initial Store Opening Inventory Control Regional or National Meetings 800 Telephone Hotline
Marketing
Operations Average Number of Employees: 2 Full-time, 8 Part-time Passive Ownership: Allowed, But Discouraged

Expansion Plans

  Koya Japan Magic Wok
US Expansion Florida, Illinois, Indiana, Maryland, Michigan, Virginia
Canada Expansion
International Expansion Mexico, Saudi Arabia

Start-Up Costs and Fees Mobile

Investment
Koya Japan
Magic Wok
Franchise Fee
Koya Japan
Magic Wok
Royalty Fee
Koya Japan
Magic Wok 5%
Advertising Fee
Koya Japan
Magic Wok 3%
Year Founded
Koya Japan 0
Magic Wok 1983
Year Franchised
Koya Japan 0
Magic Wok 1991
Term Of Agreement
Koya Japan
Magic Wok 10 years +10
Renewal Fee
Koya Japan
Magic Wok


Business Experience Requirements

Experience
Koya Japan
Magic Wok

Financing Options

 
Franchise Fees
Koya Japan
Magic Wok
Start-up Costs
Koya Japan
Magic Wok
Equipment
Koya Japan}
Magic Wok
Inventory
Koya Japan
Magic Wok
Receivables
Koya Japan
Magic Wok
Payroll
Koya Japan
Magic Wok

Training & Support

Training
Koya Japan
Magic Wok Toledo, OH 3-4 Weeks
Support
Koya Japan
Magic Wok Field Operation Evaluation Field Training Initial Store Opening Inventory Control Regional or National Meetings 800 Telephone Hotline
Marketing
Koya Japan
Magic Wok
Operations
Koya Japan
Magic Wok Average Number of Employees: 2 Full-time, 8 Part-time Passive Ownership: Allowed, But Discouraged

Expansion Plans

US Expansion
Koya Japan
Magic Wok Florida, Illinois, Indiana, Maryland, Michigan, Virginia
Canada Expansion
Koya Japan
Magic Wok
International Expansion
Koya Japan
Magic Wok Mexico, Saudi Arabia