In today's world, customers are looking for healthier options when they eat and drink out. An emerging fast-causal brand to consider is Urban Wok. Urban Wok markets itself as part of the changing face of fast-food. It considers itself to be "fresh casual" and is a cashless enterprise that accepts all major credit cards. Customers can appreciate the fact that its food promotes a healthy lifestyle and has something for everyone. It doesn't matter you're a vegan, vegetarian, or follow a gluten free diet. Urban Wok's food contains no artificial sweeteners, high fructose corn syrup, caramel/artificial colors or flavors. The fast-casual brand's chick and beef are also made with no preservatives. The menu is built on simplicity, flexibility and customization with Latino, Korean, Hawaiian, Mediterranean, Caribbean, Indian, and Asian inspiration. With locations in Minnesota, Georgia, and South Carolina, Urban Wok is looking to expand with franchise partners.
As a franchise owner, you have multiple streams of revenue including online orders, delivery, catering and gift cards. The fast-casual brand was established in 2018 and began offering franchise locations in 2021. The franchisor will support you from start to finish. You can expect an initial training program that details everything you need to know about running the business. This includes hiring, marketing and advertising, food preparation, and more. The support and training are ongoing. In terms of the initial investment, it ranges from $266,500 - $404,500, which includes a franchise fee of $25,000. Prospective candidates need at least $300,000 in cash and a net worth of at least $500,000. Royalty fees are 7%.