MANCHU WOK
Food & Beverage · Quick-Service Restaurants
- Active units
- 15
- Royalty
- 7.0%
Franchised, year-end 2023
of weekly Net Sales
About MANCHU WOK
ManchuWOK is a renowned brand offering delectable Chinese cuisine with a rich history dating back to 1980 in Peterborough, Ontario. It all began with a single location that quickly gained popularity for its restaurant-quality dishes served in a fast and convenient setting. This innovative concept paved the way for expansion across the province and ultimately throughout North America, fueled by the exceptional demand from satisfied customers. Under new management in 1989, Manchu WOK propelled its growth further, especially in the United States. Throughout the 90s, the brand gained wider accessibility by infiltrating non-traditional markets like Universities and Airports, catering to Asian cuisine enthusiasts across the country. In 2004, Manchu WOK extended its reach overseas, making a mark in Guam and Japan. With almost four decades of experience in the quick service restaurant (QSR) industry, ManchuWOK has solidified its position as a leader. Customers can trust in the unwavering commitment to uncompromising food quality and excellent service, which have been integral to their success. Whether you're craving mouthwatering Chinese cuisine or seeking a quick and satisfying meal, ManchuWOK is the go-to destination.
Key terms
- Franchise fee
$30k
- Brand fund
1.0% of Net Sales
- Footprint
535 – 1,127 sq ft
- Veteran discount
Not offered
Brand Percentile Rankings
Growth
- Total locations15
Franchised units open at year-end
- New openings0
Gross new units opened during the calendar year
- 1-year unit growth rate-16.7%
Net unit growth versus prior year
- 3-year unit CAGR—
Compound annual growth rate of unit count over the trailing 3 years
- Unit growth ratio0.0×
Cumulative opens / closures through year-end
Unit economics
- Annual unit volume (Median)—
Per FDD Item 19 disclosure
- Annual unit volume (25th percentile)—
Per FDD Item 19 disclosure
- Annual unit volume (75th percentile)—
Per FDD Item 19 disclosure
- 1-year Median AUV growth rate—
Year-over-year change in median AUV
- Store-level EBITDA Margin—
Median unit-level EBITDA / AUV
Investment profile
- Estimated initial investment$632k
Midpoint of estimated initial investment range
↓ Lower is better - Time to open6 months
Midpoint of average time from agreement to opening
↓ Lower is better - Royalty rate7.0%
Percent of net sales paid to the franchisor
↓ Lower is better - Sales-to-investment ratio—
Median AUV / estimated initial investment midpoint
- Cash-on-cash returns—
Median unit-level EBITDA / estimated initial investment midpoint. Steady-state estimate; year 1 returns will be lower as the unit ramps to median volumes.
Franchisee healthLocked
- Unit closure ratio
- Transfer vs. closure ratio
- Percent multi-unit franchisees
- Litigation rate
- EBITDA multiple on sales & transfers
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Sources
Financial and operating figures are sourced from the brand's Franchise Disclosure Documents. Brand percentile rankings are based on comparisons to other brands that include the same metrics in their Franchise Disclosure Documents.