Start-Up Costs and Fees |
||
| Rice King | City Wok | |
| Investment | 173500 - 395000 | 243400 - 568500 |
| Franchise Fee | ||
| Royalty Fee | 5% | |
| Advertising Fee | ||
| Year Founded | 1982 | 1990 |
| Year Franchised | 1996 | 2004 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Rice King | City Wok | |
| Experience | General business experience | |
Financing Options |
||
| Rice King | City Wok | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Rice King | City Wok | |
| 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 |
||
| Rice King | City 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 | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Rice King | |
| City Wok | |
| Franchise Fee | |
| Rice King | |
| City Wok | |
| Royalty Fee | |
| Rice King | |
| City Wok | 5% |
| Advertising Fee | |
| Rice King | |
| City Wok | |
| Year Founded | |
| Rice King | 1982 |
| City Wok | 1990 |
| Year Franchised | |
| Rice King | 1996 |
| City Wok | 2004 |
| Term Of Agreement | |
| Rice King | |
| City Wok | 10 years |
| Renewal Fee | |
| Rice King | |
| City Wok | $5K |
Business Experience Requirements |
|
| Experience | |
| Rice King | |
| City Wok | General business experience |
Financing Options |
|
| Franchise Fees | |
| Rice King | |
| City Wok | |
| Start-up Costs | |
| Rice King | |
| City Wok | |
| Equipment | |
| Rice King} | |
| City Wok | |
| Inventory | |
| Rice King | |
| City Wok | |
| Receivables | |
| Rice King | |
| City Wok | |
| Payroll | |
| Rice King | |
| City Wok | |
Training & Support |
|
| Training | |
| Rice King | |
| City Wok | |
| Support | |
| Rice King | |
| City Wok | Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Rice King | |
| City Wok | Co-op advertising |
| Operations | |
| Rice King | |
| 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) |
Expansion Plans |
|
| US Expansion | |
| 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 |
| City Wok | |
| Canada Expansion | |
| Rice King | |
| City Wok | 0 |
| International Expansion | |
| Rice King | |
| City Wok | |