Description
Manchu Wok franchise. Brand history. Franchise cost
The Manchu Wok chain of fast food restaurants operates in Canada and the United States. She specializes in Chinese-themed cooking. The main dishes of the chefs of the restaurant chain are taken from Chinese traditional cuisine.
Manchu Wok is mainly located in supermarkets and shopping malls. These are usually small rooms where people can have a quick lunch or just try a variety of Chinese dishes. The restaurant also serves American and Canadian dishes, as well as a large variety of drinks.
The first restaurant was opened in 1980 in Ontario. It was owned by immigrants from Hong Kong who moved to Canada. Subsequently, the first owners sold their business, which began to develop as a chain of restaurants that open exclusively for the franchise. As of 1996, there were already 245 such Manchu Wok restaurants in Canada.
Over time, the network began to expand even more. In 2000, restaurants were already in the United States and even in Poland. There are now more Manchu Wok outlets in the United States than in Canada. Later, the company’s branches were even in the UK, but they closed over time due to various financial difficulties of the franchise owner.
One of the features of the Manchu Wok restaurant chain is that they operate even on the territory of military units and military bases of the United States Armed Forces. This is what makes a company very profitable and attractive for investment in it.
If you want to buy a Manchu Wok franchise or another brand, then our specialists will be happy to help you choose a franchise, or a ready-made business, implementation and project management.
Franchise Costs & Fees:
- The liquid capital for the start of cooperation is 75 thousand dollars.
- The first installment for the franchise is $ 30,000.
- Necessary funds for investment (not credit) – more than 300 thousand dollars.
- Royalty – 5% of income per month.
- The total investment for a franchise is from 260 to 400 thousand dollars.
Manchu Wok franchise: The information is taken for review from open sources and may differ from the official ones. The terms and conditions can be found on the company’s website: https://manchuwok.com.
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