Urban Wok

The Urban Wok franchise is an Asian-inspired fast-casual concept. All of its food is made with fresh ingredients to promote healthy lifestyle choices. In addition to helping customers make healthier choices, the brand is also an environmentally friendly, cashless enterprise that accepts all major credit cards. The brand's menu is also life style friendly; there is something for everyone: vegans, vegetarians, or those who follow a paleo, gluten-free, or ketogenic diet. They can mix and match to create a dish that fits their taste. Urban Wok's food contains no MSG, partially or fully hydrogenated oils, artificial sweeteners, high fructose corn syrup, artificial colors or flavors. 

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Urban Wok Franchise Cost and Requirements for 2023

Background

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%.

Company Details

Headquarters: St. Paul, MN 55101
Canada: No
International: No
Founded: 2018
First franchise: 2021
Exclusive territory: Yes
Absentee: No
Mobile/home-based: No

Support and Training Offered By Urban Wok

The franchisor will support you from start to finish. You can expect an initial training program that details everything they need to know about running the business. This includes hiring, marketing and advertising, food preparation, and more. The support and training are ongoing.

2023 Franchise Requirements Needed to Own a Urban Wok Franchise.

What does a Urban Wok Franchise Cost?

Urban Wok franchise fees for 2023:

Initial Investment: $266,500 - $404,500
Initial Franchise Fee: $25,000
Net Worth Requirement: $500,000
Cash Requirement: $300,000
Royalty Fee: 7%

Is Urban Wok a Semi Absentee Franchise with a Passive Ownership Opportunity?

No. Urban Wok is not a semi absentee franchise. The owner of the franchise (the franchisee) is expected to be involved in all aspects of day-to-day operations.

Is Urban Wok a Home Based franchise?

No. Urban Wok is not a home based franchise opportunity.

What Do Urban Wok Franchise Owners Make?

This information is not available. Urban Wok does not offer an Item 19 in their Franchise Disclosure Document.

Does Urban Wok Offer a Veteran Discount?

No. Urban Wok franchise does not offer a veteran discount.

Is Urban Wok Looking for Franchisees in Canada?

No. Urban Wok franchise is not looking for Canada franchisees.

Is Urban Wok Looking for International franchisees?

No. Urban Wok franchise is not looking for International franchisees.

Where can I see Urban Wok's FDD (Franchise Disclosure Document)?

Buying a Franchise Guide: What is a Franchise Disclosure Document?

When evaluating a franchise opportunity, reading and understanding the current version of their FDD is a necessity. Considering the benefits of franchising, such as established brand recognition and support from the franchisor, it's important to also take into account franchise fees and franchising royalty fees. Since most franchisors are privately owned companies, the current versions of their FDDs are typically not available unless requested directly from them.

Click here to connect with a Franchise Consultant who can help you obtain a copy quickly and for free. They can also guide you through the essential franchise questions to ask, ensuring you make a well-informed decision about your investment.

Additional Information

Additional Categories

Food & Restaurants, Green & Eco Friendly, Non Food Franchises

Number of Units Open

LESS THAN 20 UNITS

Cash Required

More than $250,000

Passive Franchise

No

Home Based Franchise

No

Item 19 Franchise

No

Veteran Discount

No

B2B

No

Franchise Opportunities in Canada

No

International Franchise Opportunities

No

Urban Wok Franchises for Sale

Click Here to inquire about existing Urban Wok franchises for sale. We may have Urban Wok franchise resales. A franchise resale is an already established franchise owned by a franchisee and the franchisee is looking to sell their franchise.

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