Start-Up Costs and Fees |
||
| Yoshinoya | City Wok | |
| Investment | 550000 - 1400000 | 243400 - 568500 |
| Franchise Fee | ||
| Royalty Fee | 4% | 5% |
| Advertising Fee | ||
| Year Founded | 1899 | 1990 |
| Year Franchised | 0 | 2004 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Yoshinoya | City Wok | |
| Experience | General business experience | |
Financing Options |
||
| Yoshinoya | City Wok | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Yoshinoya | City Wok | |
| Training | Our goal is to give you the tools you need to assist you in building a business from day one. Your Yoshinoya franchise training includes 1 week of extensive, on-site initial training for yourself at our training headquarters in Torrance, California, six weeks for your lead kitchen personnel and 12 weeks for your front of house store manager. Training includes up to four persons. We help you stay abreast of new developments by providing additional training. Examples could include new equipment, menu and operational training. | |
| Support | During your first week of business operations, a Yoshinoya Franchise Operations staff member will work with you and your staff at your location to solidify your operational, quality and customer service. Yoshinoya's experienced field staff will regularly visit your location to evaluate your progress and suggest positive operations, profitability and marketing improvements. | Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives |
| Marketing | As a Yoshinoya franchise owner, you will be supported by marketing to promote brand awareness and sales. Franchisees and company restaurants contribute to a fund for this purpose. | 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 |
||
| Yoshinoya | City Wok | |
| US Expansion | ||
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Yoshinoya | |
| City Wok | |
| Franchise Fee | |
| Yoshinoya | |
| City Wok | |
| Royalty Fee | |
| Yoshinoya | 4% |
| City Wok | 5% |
| Advertising Fee | |
| Yoshinoya | |
| City Wok | |
| Year Founded | |
| Yoshinoya | 1899 |
| City Wok | 1990 |
| Year Franchised | |
| Yoshinoya | 0 |
| City Wok | 2004 |
| Term Of Agreement | |
| Yoshinoya | 10 years +5+5 |
| City Wok | 10 years |
| Renewal Fee | |
| Yoshinoya | |
| City Wok | $5K |
Business Experience Requirements |
|
| Experience | |
| Yoshinoya | |
| City Wok | General business experience |
Financing Options |
|
| Franchise Fees | |
| Yoshinoya | |
| City Wok | |
| Start-up Costs | |
| Yoshinoya | |
| City Wok | |
| Equipment | |
| Yoshinoya} | |
| City Wok | |
| Inventory | |
| Yoshinoya | |
| City Wok | |
| Receivables | |
| Yoshinoya | |
| City Wok | |
| Payroll | |
| Yoshinoya | |
| City Wok | |
Training & Support |
|
| Training | |
| Yoshinoya | Our goal is to give you the tools you need to assist you in building a business from day one. Your Yoshinoya franchise training includes 1 week of extensive, on-site initial training for yourself at our training headquarters in Torrance, California, six weeks for your lead kitchen personnel and 12 weeks for your front of house store manager. Training includes up to four persons. We help you stay abreast of new developments by providing additional training. Examples could include new equipment, menu and operational training. |
| City Wok | |
| Support | |
| Yoshinoya | During your first week of business operations, a Yoshinoya Franchise Operations staff member will work with you and your staff at your location to solidify your operational, quality and customer service. Yoshinoya's experienced field staff will regularly visit your location to evaluate your progress and suggest positive operations, profitability and marketing improvements. |
| City Wok | Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Yoshinoya | As a Yoshinoya franchise owner, you will be supported by marketing to promote brand awareness and sales. Franchisees and company restaurants contribute to a fund for this purpose. |
| City Wok | Co-op advertising |
| Operations | |
| Yoshinoya | |
| 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 | |
| Yoshinoya | |
| City Wok | |
| Canada Expansion | |
| Yoshinoya | |
| City Wok | 0 |
| International Expansion | |
| Yoshinoya | |
| City Wok | |