Start-Up Costs and Fees |
||
| Yoshinoya | Manchu Wok | |
| Investment | 550000 - 1400000 | 476050 - 787500 |
| Franchise Fee | 0 | |
| Royalty Fee | 4% | 7% |
| Advertising Fee | 1% | |
| Year Founded | 1899 | 1981 |
| Year Franchised | 0 | 1989 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Yoshinoya | Manchu Wok | |
| Experience | Industry experience General business experience Marketing skills | |
Financing Options |
||
| Yoshinoya | Manchu Wok | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Yoshinoya | Manchu 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. | Newsletter, Meetings, Toll-free phone line, Grand opening, Security/safety procedures, 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, 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 |
||
| Yoshinoya | Manchu Wok | |
| US Expansion | ||
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Yoshinoya | |
| Manchu Wok | |
| Franchise Fee | |
| Yoshinoya | |
| Manchu Wok | |
| Royalty Fee | |
| Yoshinoya | 4% |
| Manchu Wok | 7% |
| Advertising Fee | |
| Yoshinoya | |
| Manchu Wok | 1% |
| Year Founded | |
| Yoshinoya | 1899 |
| Manchu Wok | 1981 |
| Year Franchised | |
| Yoshinoya | 0 |
| Manchu Wok | 1989 |
| Term Of Agreement | |
| Yoshinoya | 10 years +5+5 |
| Manchu Wok | 5 years |
| Renewal Fee | |
| Yoshinoya | |
| Manchu Wok | $3K per year |
Business Experience Requirements |
|
| Experience | |
| Yoshinoya | |
| Manchu Wok | Industry experience General business experience Marketing skills |
Financing Options |
|
| Franchise Fees | |
| Yoshinoya | |
| Manchu Wok | |
| Start-up Costs | |
| Yoshinoya | |
| Manchu Wok | |
| Equipment | |
| Yoshinoya} | |
| Manchu Wok | |
| Inventory | |
| Yoshinoya | |
| Manchu Wok | |
| Receivables | |
| Yoshinoya | |
| Manchu Wok | |
| Payroll | |
| Yoshinoya | |
| Manchu 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. |
| Manchu 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. |
| Manchu Wok | Newsletter, Meetings, Toll-free phone line, Grand opening, Security/safety procedures, 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. |
| Manchu Wok | Co-op advertising, Ad slicks, National media, Regional advertising |
| Operations | |
| Yoshinoya | |
| 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 | |
| Yoshinoya | |
| Manchu Wok | |
| Canada Expansion | |
| Yoshinoya | |
| Manchu Wok | |
| International Expansion | |
| Yoshinoya | |
| Manchu Wok | |