Loading FDD preview...
Download this + 1,700 other FDDs · One-time purchase
1,700+ FDDs structured for franchise professionals
We extract fees, Item 19 financials, franchisee contacts, SBA default rates, litigation, and outlet data from every FDD — so you can compare brands in minutes, not months. Used by multi-unit operators, consultants, and franchise development teams.
URBAN WOK
Urban Wok is a fast-casual restaurant franchise offering build-your-own global fusion stir-fry bowls made to order, along with appetizers, in modern urban environments under the Urban Wok trademarks. Franchises operate from 1,600-2,000 square foot locations typically in high-traffic areas such as shopping malls, retail strips, centers, universities, or urban storefronts, using proprietary recipes, designs, and operating standards. The target market is the general public seeking fresh, customizable quick-service meals in a competitive fast-casual dining segment.
Loading preview...
Download this + 1,700 other FDDs · One-time purchase
Franchise Costs
7% royalty + 1% brand fund + $250/mo technology + $950/mo POS/software fees
Financial Performance
Item 19 Financial Performance
Data Based On: Data based on one affiliate-owned outlet located in St. Paul, Minnesota, open for full years 2021, 2022, and 2023.
* Average gross revenue calculated from the sum of gross sales for 2021, 2022, and 2023 for the single corporate-owned unit, divided by 3 years. Estimated profit range (best_guess_profit_low and best_guess_profit_high) calculated by subtracting COGS, Labor, a 7% Royalty Fee, and a Brand Fund Contribution Fee (0% for high estimate, 2% for low estimate) from gross sales for each year, then averaging these estimated annual profits over 3 years.
Extracted Item 19 Section
Avg. Revenue: $698,264
Unlock financial performance data with full access to 1,700+ franchise reports
Unlock financial performance dataURBAN WOK Franchise Analysis
Fast-casual dining thrives on customization, and Urban Wok's build-your-own stir-fry bowls target that craving in high-traffic spots like malls and universities. With franchising just since 2021, Item 19 earnings data offers a rare early look at performance in a system of barely a dozen total locations. Can a brand this new deliver the returns to justify jumping in amid fierce competition?
Item 7 lays out the financial entry: total investment spans $334,500 to $682,000, including a $40,000 franchise fee, driven by 1,600-2,000 sq ft builds in prime urban or retail areas. Ongoing fees bite at 7% royalty plus 1% ad fund, layered with $250 monthly tech fees and $950 for POS/software—watch those stack up on $698,264 average gross sales from Item 19, based on limited mature units. Profit estimates shine at $367,802 to $381,767 annually, implying healthy 53% margins if accurate, though small sample size (7 franchises) demands scrutiny before banking on them.
System health shows promise: locations jumped 75% from 4 in 2022 to 7 in 2023, with 6 new units projected and 1 corporate store anchoring operations from St. Paul, MN. Four SBA loans averaging $314,975 signal lender confidence despite the youth. No termination or transfer red flags in recent FDDs, but tiny footprint means high execution risk—strong Item 19 comps tempt, yet scaling unproven brands often falters without rapid multi-unit validation.
Analysis based on the 2024 Franchise Disclosure Document. All figures should be independently verified before making investment decisions.
How URBAN WOK Compares
| Franchise | Investment | Fee | Royalty | Locations |
|---|---|---|---|---|
URBAN WOK Current | $335K – $682K | $40K | 7.0% | 7 |
| Tropical Smoothie Cafe | $276K – $771K | $35K | 6.0% | 1,650 |
| TROPICAL SMOOTHIE CAFÉ | $300K – $721K | $35K | 6.0% | 1,371 |
| FIREHOUSE SUBS RESTAURANTS (UNIT) | $405K – $1.6M | $20K | 6.0% | 1,249 |
| Zaxby's | $1.4M – $3.8M | $35K | 6.0% | 826 |
| Qdoba | $548K – $1.3M | $40K | 5.0% | 652 |
Fast Casual Average 107 franchises | $529K – $1.2M | $39K | 5.6% | – |
* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 107 Fast Casual franchises by location count.
Locations & Growth
Outlet Growth Over Time
Total outlets at end of each year
Geographic Distribution (2023)
Outlets by state across the United States
Unlock location growth data with full access to 1,700+ franchise reports
Unlock location growth dataSBA Loan History
Historical SBA 7(a) loan data for URBAN WOK franchisees (2022 – 2024)
Loans by Year
SBA 7(a) loan activity over time
* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.
4 SBA loans on record
Unlock SBA loan history with full access to 1,700+ franchise reports
Unlock SBA loan historyDue Diligence
Litigation (Item 3)
Bankruptcy (Item 4)
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
Unlock due diligence reports with full access to 1,700+ franchise reports
Unlock due diligence reportsFrequently Asked Questions
The total initial investment to open a URBAN WOK franchise ranges from $334,500 to $682,000. This includes a franchise fee of $40,000. Ongoing royalty fees are 7.0% of gross sales.
More Food & Beverage Franchises
Subway
Food & Beverage
MCDONALD'S
Food & Beverage
DUNKIN'
Food & Beverage
DOMINO'S PIZZA
Food & Beverage
Burger King
Food & Beverage
LITTLE CAESARS
Food & Beverage