Zyng Asian Grill vs Wok Box Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Zyng Asian Grill vs Wok Box including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
  Zyng Asian Grill Wok Box
Investment 212000 - 480000 350000 - 425000
Franchise Fee
Royalty Fee 5% 6%
Advertising Fee 3%
Year Founded 1997 2004
Year Franchised 1999 2005
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements
  Zyng Asian Grill Wok Box
Experience Industry experience General business experience Marketing skills

Financing Options
  Zyng Asian Grill Wok Box
 
Franchise Fees No
Start-up Costs No
Equipment No
Inventory No
Receivables No
Payroll No

Training & Support
  Zyng Asian Grill Wok Box
Training Additional training periodically Prior to the opening of your Wok Box Fresh Asian Kitchen, Wok Box will provide the franchisee with extensive training in one of our corporate stores and at our Head Office. During this training the franchisee will learn all the hands on aspects of preparing each dish, how to make orders to minimize product waste, the industry secrets to operating a successful restaurant, how to utilize the Point of Sale systems and most importantly allow the franchisee to become an integral part of the Wok Box team.
Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives Wok Box regional Operations Managers and Master Developers will be in constant contact with all franchisees to ensure that the Wok Box product is being prepared consistently across the markets. These key people will provide Franchisees advice on how to improve their operations and ultimately will aid all Wok Box Fresh Asian Kitchens to succeed.
Marketing Co-op advertising, Ad slicks, National media, Regional advertising Each Wok Box Franchise contributes 3% of their gross sales to an advertising fund that will be used by Wok Box to maximize the exposure of the brand and products. Wok Box's Executive team has a wealth of knowledge for franchisees on how to best advertise and market their stores and will provide each store advice on how to promote their store in their individual market.
Operations Franchisees required to buy multiple units/master licenses; 100% of all franchisees own more than one unit Number of employees needed to run franchised unit: 9 Absentee ownership of franchise is allowed. (70% of current franchisees are owner/operators) A Franchisee who purchases a Wok Box Franchise does not have to personally operate the Wok Box restaurant. However, there must be a full time Manager who has satisfactorily completed the training course provided by Wok Box and is involved in the operations or overseeing of the restaurant. Wok Box does not want to jeopardize the brand by having untrained or inexperienced personnel operating the stores. It is critical to note that to a large part the success of a Wok Box franchise depends on the enthusiasm, work ethic, attitude, and entrepreneurial skills of the Franchisee. Therefore Wok Box strongly recommends that Franchisees be actively involved on a day-to-day basis in their restaurant. It will also provide a better support network if Franchisees have questions for management at Wok Box headquarters.

Expansion Plans
  Zyng Asian Grill Wok Box
US Expansion Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maine, Missouri, Mississippi, Montana, Nebraska, North Carolina, New Hampshire, New Jersey, New Mexico, Nevada, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, Vermont, West Virginia, Wyoming,
Canada Expansion 0
International Expansion

Start-Up Costs and Fees Mobile
Investment
Zyng Asian Grill
Wok Box
Franchise Fee
Zyng Asian Grill
Wok Box
Royalty Fee
Zyng Asian Grill 5%
Wok Box 6%
Advertising Fee
Zyng Asian Grill
Wok Box 3%
Year Founded
Zyng Asian Grill 1997
Wok Box 2004
Year Franchised
Zyng Asian Grill 1999
Wok Box 2005
Term Of Agreement
Zyng Asian Grill 10 years
Wok Box
Renewal Fee
Zyng Asian Grill
Wok Box


Business Experience Requirements
Experience
Zyng Asian Grill Industry experience General business experience Marketing skills
Wok Box

Financing Options
 
Franchise Fees
Zyng Asian Grill No
Wok Box No
Start-up Costs
Zyng Asian Grill
Wok Box
Equipment
Zyng Asian Grill}
Wok Box
Inventory
Zyng Asian Grill
Wok Box
Receivables
Zyng Asian Grill
Wok Box
Payroll
Zyng Asian Grill
Wok Box

Training & Support
Training
Zyng Asian Grill Additional training periodically
Wok Box Prior to the opening of your Wok Box Fresh Asian Kitchen, Wok Box will provide the franchisee with extensive training in one of our corporate stores and at our Head Office. During this training the franchisee will learn all the hands on aspects of preparing each dish, how to make orders to minimize product waste, the industry secrets to operating a successful restaurant, how to utilize the Point of Sale systems and most importantly allow the franchisee to become an integral part of the Wok Box team.
Support
Zyng Asian Grill Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
Wok Box Wok Box regional Operations Managers and Master Developers will be in constant contact with all franchisees to ensure that the Wok Box product is being prepared consistently across the markets. These key people will provide Franchisees advice on how to improve their operations and ultimately will aid all Wok Box Fresh Asian Kitchens to succeed.
Marketing
Zyng Asian Grill Co-op advertising, Ad slicks, National media, Regional advertising
Wok Box Each Wok Box Franchise contributes 3% of their gross sales to an advertising fund that will be used by Wok Box to maximize the exposure of the brand and products. Wok Box's Executive team has a wealth of knowledge for franchisees on how to best advertise and market their stores and will provide each store advice on how to promote their store in their individual market.
Operations
Zyng Asian Grill Franchisees required to buy multiple units/master licenses; 100% of all franchisees own more than one unit Number of employees needed to run franchised unit: 9 Absentee ownership of franchise is allowed. (70% of current franchisees are owner/operators)
Wok Box A Franchisee who purchases a Wok Box Franchise does not have to personally operate the Wok Box restaurant. However, there must be a full time Manager who has satisfactorily completed the training course provided by Wok Box and is involved in the operations or overseeing of the restaurant. Wok Box does not want to jeopardize the brand by having untrained or inexperienced personnel operating the stores. It is critical to note that to a large part the success of a Wok Box franchise depends on the enthusiasm, work ethic, attitude, and entrepreneurial skills of the Franchisee. Therefore Wok Box strongly recommends that Franchisees be actively involved on a day-to-day basis in their restaurant. It will also provide a better support network if Franchisees have questions for management at Wok Box headquarters.

Expansion Plans
US Expansion
Zyng Asian Grill Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maine, Missouri, Mississippi, Montana, Nebraska, North Carolina, New Hampshire, New Jersey, New Mexico, Nevada, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, Vermont, West Virginia, Wyoming,
Wok Box
Canada Expansion
Zyng Asian Grill 0
Wok Box
International Expansion
Zyng Asian Grill
Wok Box