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.
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
How URBAN WOK Compares
| Franchise | Investment | Fee | Royalty | Locations |
|---|---|---|---|---|
URBAN WOK Current | $335K – $682K | $40K | 7.0% | 7 |
| Tropical Smoothie Cafe | $300K – $721K | $35K | 6.0% | 1,371 |
| TROPICAL SMOOTHIE CAFÉ | $300K – $721K | $35K | 6.0% | 1,371 |
| FIREHOUSE SUBS RESTAURANTS (UNIT) | $379K – $1.4M | $20K | 6.0% | 1,248 |
| Zaxby's | $1.4M – $3.8M | $35K | 6.0% | 826 |
| Qdoba | $548K – $1.3M | $40K | 5.0% | 652 |
Fast Casual Average 107 franchises | $532K – $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
SBA 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.
Due Diligence
Litigation (Item 3)
Bankruptcy (Item 4)
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
Frequently 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.
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