Start-Up Costs and Fees |
||
| Manchu Wok | Nothing But Noodles | |
| Investment | 476050 - 787500 | 408500 - 555300 |
| Franchise Fee | 0 | 0 |
| Royalty Fee | 7% | 6% |
| Advertising Fee | 1% | |
| Year Founded | 1981 | 2001 |
| Year Franchised | 1989 | 2002 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Manchu Wok | Nothing But Noodles | |
| Experience | Industry experience General business experience Marketing skills | The minimum financial requirements are a net worth of $1,000,000 and $350,000 in liquid assets. Nothing but Noodles seeks solid, experienced business individuals or partners who are interested in owning and operating their own restaurant business. Franchise owners are ideally hands-on individuals, experienced in full service or QSR restaurants, who take pride in building their own business and serving a quality product in their respective communities. If you do not have previous restaurant experience, we will require you to join with an operating partner or hire an experienced manager that will own an equity portion of the business entity. Total commitment is critical to achieving and maintaining successful restaurants in our system. |
Financing Options |
||
| Manchu Wok | Nothing But Noodles | |
| Franchise Fees | No | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Manchu Wok | Nothing But Noodles | |
| Training | ||
| Support | 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 |
||
| Manchu Wok | Nothing But Noodles | |
| US Expansion | ||
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Manchu Wok | |
| Nothing But Noodles | |
| Franchise Fee | |
| Manchu Wok | |
| Nothing But Noodles | |
| Royalty Fee | |
| Manchu Wok | 7% |
| Nothing But Noodles | 6% |
| Advertising Fee | |
| Manchu Wok | 1% |
| Nothing But Noodles | |
| Year Founded | |
| Manchu Wok | 1981 |
| Nothing But Noodles | 2001 |
| Year Franchised | |
| Manchu Wok | 1989 |
| Nothing But Noodles | 2002 |
| Term Of Agreement | |
| Manchu Wok | 5 years |
| Nothing But Noodles | |
| Renewal Fee | |
| Manchu Wok | $3K per year |
| Nothing But Noodles | |
Business Experience Requirements |
|
| Experience | |
| Manchu Wok | Industry experience General business experience Marketing skills |
| Nothing But Noodles | The minimum financial requirements are a net worth of $1,000,000 and $350,000 in liquid assets. Nothing but Noodles seeks solid, experienced business individuals or partners who are interested in owning and operating their own restaurant business. Franchise owners are ideally hands-on individuals, experienced in full service or QSR restaurants, who take pride in building their own business and serving a quality product in their respective communities. If you do not have previous restaurant experience, we will require you to join with an operating partner or hire an experienced manager that will own an equity portion of the business entity. Total commitment is critical to achieving and maintaining successful restaurants in our system. |
Financing Options |
|
| Franchise Fees | |
| Manchu Wok | No |
| Nothing But Noodles | No |
| Start-up Costs | |
| Manchu Wok | |
| Nothing But Noodles | |
| Equipment | |
| Manchu Wok} | |
| Nothing But Noodles | |
| Inventory | |
| Manchu Wok | |
| Nothing But Noodles | |
| Receivables | |
| Manchu Wok | |
| Nothing But Noodles | |
| Payroll | |
| Manchu Wok | |
| Nothing But Noodles | |
Training & Support |
|
| Training | |
| Manchu Wok | |
| Nothing But Noodles | |
| Support | |
| Manchu Wok | Newsletter, Meetings, Toll-free phone line, Grand opening, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Nothing But Noodles | |
| Marketing | |
| Manchu Wok | Co-op advertising, Ad slicks, National media, Regional advertising |
| Nothing But Noodles | |
| Operations | |
| 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) |
| Nothing But Noodles | |
Expansion Plans |
|
| US Expansion | |
| Manchu Wok | |
| Nothing But Noodles | |
| Canada Expansion | |
| Manchu Wok | |
| Nothing But Noodles | |
| International Expansion | |
| Manchu Wok | |
| Nothing But Noodles | |