City Wok Franchise
Chinese restaurant
ABC INC
ABC-CO - NASDAQ
+0.25 (+0.20%)
It's time to give yourself permission to build your days around what's important to you! You're in Control!
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How much does it cost to open a City Wok Franchise ?
The investment required to open a City Wok Franchise is between $243,400 - $568,500 . There is an initial franchise fee of $30,000 which grants you the license to run a business under the City Wok name.
Individual Franchise Costs
- Initial Investment:
$243,400 - - Initial Franchise Fee:
$30,000 - Royalty Fee:
5% - Term of Agreement:
10 years - Renewal Fee:
$5K
| Expense | In-House | Third Party |
|---|---|---|
| Franchise Fee | No | No |
| Startup Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Accounts Receivable | No | No |
| Payroll | No | No |
Support
Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives
Marketing
Co-op advertising
City Wok Growth History
When did the first City Wok open? 1990When did City Wok start Franchising ? 2004
| Year | U.S.A. | Canada | International | Corporate |
|---|---|---|---|---|
| 2005 | 0 | 0 | 0 | 4 |
| 2004 | 0 | 0 | 0 | 4 |
| 2003 | N/A | N/A | N/A | 4 |
| 2002 | N/A | N/A | N/A | 4 |
| 2001 | N/A | N/A | N/A | 4 |
How much money you could make as a City Wok Franchise owner depends on a wide variety of factors. As a business owner, your primary goals are to strive for high sales while keeping your oper_ating costs as low as possible while still maintaining quality products and service. The monthly oper_ating costs that you will incur as a City Wok Franchise owner may include royalty fees, rent or mortgage, staffing, products, supplies, utilities, administrative costs and other things. Although your monthly oper_ating costs may vary from month to month, your start up costs are typically fixed and they will cover the majority of your initial oper_ating equipment, signage, and renovations.
Legal Disclaimer: This information is not a franchise offering for City Wok and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recomend that anyone seriously interested in pursuing an City Wok franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.