Wok Box
1685 H St Ste 1211
Blaine, WA 98230
-
(855) 571-4200
/
(850) 333-8260
- (778) 545-0288 (Fax)
Wok Box Fresh Asian Kitchen was founded in 2004 as a single store in downtown Edmonton, Alberta. Wok Box is proud to offer a healthy and fresh alternative to traditional fast food! The company has witnessed rapid growth and fantastic interest since its conception, with the future looking incredibly promising. With expansion plans stemming across North America and beyond, a management team boasting over many years of practical hands-on experience, and a fresh new concept, the future looks brighter than ever for Wok Box and its franchisees!
Franchisor Background
Year Established: 2004
Franchising Since: 2005
Operating Units
Franchised Units |
2 |
100.0% |
Company-Owned Units |
0 |
0.0% |
Total Operating Units |
2 |
100% |
Geographic Distribution
USA |
2 |
4.2% |
In 2 States
|
Canada |
46 |
95.8% |
In 7 Provinces
|
International |
0 |
0.0% |
In 2 Foreign Countries
|
Total |
48 |
100% |
|
Multi-Unit Operators
Multi-Unit Operators |
N/A |
Franchises Owned by Multi-Unit Operators |
N/A |
North American Unit Density
Density |
Units |
Alberta |
25 |
British Columbia |
7 |
Saskatchewan |
5 |
Registered in the following Registration States
California, Florida, Michigan, Minnesota, Washington
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Support and Training
General Information
IFA Member |
No |
CFA Member |
No |
Franchisee Association? |
Yes, is a member |
Size of Corporate Staff |
0 |
Site Selection Assistance |
Yes |
Lease Negotiation Assistance |
Yes |
Financial Assistance |
Yes, Direct |
Marketing Support
Co-Op Advertising |
No |
National Advertising |
No |
Regional Advertising |
No |
Local Advertising |
No |
Ongoing Support
Central Data Processing |
Included |
Central Purchasing |
Included |
Field Operation Evaluation |
Included |
Field Training |
Included |
Initial Store Opening |
Included |
Inventory Control |
Included |
Franchisee Newsletter |
Included |
Regional or National Meetings |
Included |
800 Telephone Hotline |
Included |
Training
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Financial Requirements
Investment
Minimum Net Worth |
$5-30K |
Cash Investment |
$2.5-10K |
Total Investment |
$179.7-426.2K |
Average Total Investment |
$303K |
Fees
Initial Franchise Fee |
$25K |
Average Franchise Fee |
$25K |
On-Going Royalty |
6% |
Average Royalty |
6% |
Advertising Fee |
3% |
Site Information and Requirements
Average Number of Full-Time Employees |
N/A |
Average Number of Part-Time Employees |
N/A |
Space Needs (in square feet) |
None
|
Preferred Site Types |
Free Standing Building
|
Encourages Conversions |
Yes |
Item 19 (Earnings Claim) Provided? |
No |
Listed in the SBA Registry? |
No |
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Franchisee Qualifications
Financial Net Worth |
1 |
General Business Experience |
1 |
Specific Industry Experience |
1 |
Formal Education |
1 |
Psychological Profile |
1 |
Personal Interviews |
1 |
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Terms of Contract
Term of Initial Contract |
N/A |
Term of Renewal Period |
N/A |
Passive Ownership? |
Allowed |
Area Development Agreements? |
Yes, for 0 years
|
Sub-Franchisor Contracts? |
No |
Franchisees Allowed to Expand Within Territory? |
No |
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Expansion Plans
Projected New Units Over Next 12 Months |
0 |
USA |
No |
Canada |
No |
Overseas |
No |
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