Ho-Lee-Chow vs Wok Box Franchise Comparison

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

Start-Up Costs and Fees

  Ho-Lee-Chow Wok Box
Investment 75000 - 175000 350000 - 425000
Franchise Fee
Royalty Fee 6% 6%
Advertising Fee 3% 3%
Year Founded 1989 2004
Year Franchised 1989 2005
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  Ho-Lee-Chow Wok Box
Experience

Financing Options

  Ho-Lee-Chow Wok Box
 
Franchise Fees
Start-up Costs
Equipment
Inventory
Receivables
Payroll

Training & Support

  Ho-Lee-Chow Wok Box
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 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 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 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

  Ho-Lee-Chow Wok Box
US Expansion
Canada Expansion 0
International Expansion

Start-Up Costs and Fees Mobile

Investment
Ho-Lee-Chow
Wok Box
Franchise Fee
Ho-Lee-Chow
Wok Box
Royalty Fee
Ho-Lee-Chow 6%
Wok Box 6%
Advertising Fee
Ho-Lee-Chow 3%
Wok Box 3%
Year Founded
Ho-Lee-Chow 1989
Wok Box 2004
Year Franchised
Ho-Lee-Chow 1989
Wok Box 2005
Term Of Agreement
Ho-Lee-Chow
Wok Box
Renewal Fee
Ho-Lee-Chow
Wok Box


Business Experience Requirements

Experience
Ho-Lee-Chow
Wok Box

Financing Options

 
Franchise Fees
Ho-Lee-Chow
Wok Box
Start-up Costs
Ho-Lee-Chow
Wok Box
Equipment
Ho-Lee-Chow}
Wok Box
Inventory
Ho-Lee-Chow
Wok Box
Receivables
Ho-Lee-Chow
Wok Box
Payroll
Ho-Lee-Chow
Wok Box

Training & Support

Training
Ho-Lee-Chow
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
Ho-Lee-Chow
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
Ho-Lee-Chow
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
Ho-Lee-Chow
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
Ho-Lee-Chow
Wok Box
Canada Expansion
Ho-Lee-Chow 0
Wok Box
International Expansion
Ho-Lee-Chow
Wok Box