Start-Up Costs and Fees |
||
| Nothing But Noodles | Manchu Wok | |
| Investment | 408500 - 555300 | 476050 - 787500 |
| Franchise Fee | 0 | 0 |
| Royalty Fee | 6% | 7% |
| Advertising Fee | 1% | |
| Year Founded | 2001 | 1981 |
| Year Franchised | 2002 | 1989 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Nothing But Noodles | Manchu Wok | |
| Experience | 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. | Industry experience General business experience Marketing skills |
Financing Options |
||
| Nothing But Noodles | Manchu Wok | |
| Franchise Fees | No | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Nothing But Noodles | Manchu Wok | |
| 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 |
||
| Nothing But Noodles | Manchu Wok | |
| US Expansion | ||
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Nothing But Noodles | |
| Manchu Wok | |
| Franchise Fee | |
| Nothing But Noodles | |
| Manchu Wok | |
| Royalty Fee | |
| Nothing But Noodles | 6% |
| Manchu Wok | 7% |
| Advertising Fee | |
| Nothing But Noodles | |
| Manchu Wok | 1% |
| Year Founded | |
| Nothing But Noodles | 2001 |
| Manchu Wok | 1981 |
| Year Franchised | |
| Nothing But Noodles | 2002 |
| Manchu Wok | 1989 |
| Term Of Agreement | |
| Nothing But Noodles | |
| Manchu Wok | 5 years |
| Renewal Fee | |
| Nothing But Noodles | |
| Manchu Wok | $3K per year |
Business Experience Requirements |
|
| Experience | |
| 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. |
| Manchu Wok | Industry experience General business experience Marketing skills |
Financing Options |
|
| Franchise Fees | |
| Nothing But Noodles | No |
| Manchu Wok | No |
| Start-up Costs | |
| Nothing But Noodles | |
| Manchu Wok | |
| Equipment | |
| Nothing But Noodles} | |
| Manchu Wok | |
| Inventory | |
| Nothing But Noodles | |
| Manchu Wok | |
| Receivables | |
| Nothing But Noodles | |
| Manchu Wok | |
| Payroll | |
| Nothing But Noodles | |
| Manchu Wok | |
Training & Support |
|
| Training | |
| Nothing But Noodles | |
| Manchu Wok | |
| Support | |
| Nothing But Noodles | |
| Manchu Wok | Newsletter, Meetings, Toll-free phone line, Grand opening, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Nothing But Noodles | |
| Manchu Wok | Co-op advertising, Ad slicks, National media, Regional advertising |
| Operations | |
| Nothing But Noodles | |
| 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 | |
| Nothing But Noodles | |
| Manchu Wok | |
| Canada Expansion | |
| Nothing But Noodles | |
| Manchu Wok | |
| International Expansion | |
| Nothing But Noodles | |
| Manchu Wok | |