Wok Box Franchise
Asian Kitchen
Wok Box takes a different stance compared to competition when it comes to franchising; we provide franchise business owners with a foundation of support in addition to a superior product. Wok Box's goals are to see our Franchisee's happy through their successfully run business's, as well as to witness the Wok Box brand spreading across the globe.
Wok Box Fresh Asian Kitchen is a brand that offers franchise business owners a sound model of operation with great support. Our extensive restaurant operations experience has laid the groundwork for building a successful system that caters to both the businessman as well as the customer.
Wok Box, as a Franchisor, is interested in one thing: the success of every store we open. In order to do this Wok Box must provide constant support to their Franchisee's. This support is unique in
the Franchise industry, just see for yourself!
Wok Box will:
• Ensure the best branding possible for our stores!
• Be available for questions, requests and 'sound boarding' of ideas!
• Perform regular store reviews to ensure consistent product at all stores!
• Host an Online Franchisee Bulletin Board to stimulate communication between
Franchisee's and Franchisor!
• SUPPORT OUR FRANCHISEES!
Start-up Costs & Franchises Fees
What is the total cost to open a Wok Box Franchises?
Total Cost: $350,000 USD -$425,000 USD
Total Franchise Fees: $25,000 USD
Ongoing Royalty Fees: 6%
Ongoing Advertising Fees: 3%
Contact Information for Wok Box
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Wok Box |
Phone Number: (778) 571-4200 |
Historical Expansion
In what year did Wok Box begin operations? 2004
When did Wok Box begin selling franchises? 2005
Training & Support
Training
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
Wok Box regional Operations Managers and Master Developers will be in constant contact with all franchise business owners to ensure that the Wok Box product is being prepared consistently across the markets.
These key people will provide Franchise business owners advice on how to improve their operations and ultimately will aid all Wok Box Fresh Asian Kitchens to succeed.
Marketing
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 franchise business owners 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.
Franchise Operation Restrictions
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 Franchise business owners be actively involved on a day-to-day basis in their restaurant. It will also provide a better support network if Franchise business owners have questions for management at Wok Box headquarters.
Franchise Analyzer Professional's Inside Information
Can you buy this franchise for no money down? YesPlease note: You must download a free copy of Franchise Analyzer Professional to receive these benefits and so much more. Click here to download your FREE copy now.
What key terms in the franchise agreement can be negotiated? Cross-default provisions, arbitration clause, personal guarantee, default cure periods, non-compete agreement, favorable valuations for corporate buyout
Can you negotiate lower royalties during start-up? Yes
Can you purchase multiple franchises for a discounted franchise fee? Yes
Can you receive lower advertising fees? Yes
Will I know when the franchise break even? Yes
Will my personal assets including my home be safe in case my franchise business fails? Yes