Franchise Opportunities with Menbow Ramen Bar

We are looking for hard working individuals that have full time commitment, passion for our menu, great communication skills, and a desire to impress customers.

1. The Director or Area Manger will help you determine if this is the best business for you. Priority #1 is to ensure you fully understand Menbow ’s expectations, and if this is the right business for you based on your own expectations and experience. We will try to provide you enough information to make an informed decision.

2. If still interested we will send you the following forms: full application, personal net worth statements and credit check, Franchisee ownership structure.

3. After we receive your completed forms, you and your partner will be contacted to continue the discussion and determine the areas that you are interested in opening a Menbow Ramen.

4. As part of the approval process, we might request that you spend half a day in an Menbow Restaurant to ensure it’s the right business for you.

5. At this time, you should contact your bank to see if you will be approved for a loan. A Small Canada business loan is one option. We can provide you our contact at  BMO, Scotia Bank if interested.

6. Once approved for a Menbow Ramen, we will send you a letter requesting a $7000 refundable deposit to hold an area.

7. We start searching for sites in the areas discussed.

8. When a site meets our criteria, we will ask you to visit the area to ensure you agree.

9. Once a site is agreed upon, we start our process with the lease. The lease is reviewed with you prior to moving forward.

10. We will send you the 14-day disclosure document to sign if required in your province.

11. We’ll need a copy of your Certificate and Articles of Incorporation and Corporate Certificate and list of Shareholders with % of ownership. Any additional shareholders must be approved by Menbow.

12. You’ll complete a business plan for us and your bank.

13. Dates will be established for 2 weeks training (which you and one or two others attend. As well the Regional Manager or Director will review a step-by-step countdown manual, so you know exactly the steps involved to be ready to open your Menbow.

14. Franchisee and operating partner start 2 weeks training approximately 7-8 weeks prior to opening the restaurant. (Minimum 2 Managers/Franchisee must go through 2-week training)

15. Staff training completed one week prior to opening the restaurant with support from Regional Manager. Store opens 7 or 8 days after turnover.

While this is beneficial, it is not a prerequisite. If you have experience running a business with staffing needs, cash management, or have worked in a job with this experience, we have a training program that can assist you in learning all aspects of running our franchise.

Menbow will tender to several contractors for construction to ensure that we are getting professional work and competitive pricing. If you have a preferred contractor with proven restaurant builds, we will allow them to bid on the project along with the other contractors.

Menbow has extensive experience in Real Estate, with a department at the home office dedicated solely to the selection and negotiation of new restaurant locations. Each location requires the approval of our President and always involves the valued opinion of the operations team. We look at the following key components:

· rent rates

· market demographics

· traffic counts

· accessibility, visibility, and convenience

· results from other restaurants

Each location is reviewed thoroughly before a commitment is made – always keeping the franchisee’s best interests in mind. While we are doing our

assessment of the location you will also be required to do the same and we will compare notes afterwards to make sure we are all in agreement regarding the key components.

We will negotiate the financials terms of the lease, and you will have an opportunity to approve the terms before proceeding.

This is based on many factors including availability, competition, new real estate developments and economic conditions in each city.

Our design team works with the landlord, architects, and engineers, to design a store that meets our standards and represents our brand to customers with a “best-in-class” approach.

Once a location is identified, and approved by all parties, it takes no less than 6 months before the store is opened. Actual construction takes 2-3 months, but there is a period beforehand that allows time for design, engineer stamps, landlord approval, city approval, and gathering quotes from general contractors.

Menbow handles the selection of suppliers and has standards in place for the ingredients and products, with more than half of them pre-made item directly from Menbow’s central kitchen. We also have a strong and nationally recognized group of partner companies that form our distribution chain.Our suppliers are vetted for consistency of product and food safety.

Yes, 2 weeks comprehensive training required and to be completed in one of our training stores with certified Menbow trainers.

A minimum two people (Franchisee and one other Manager) must go through training. If the Franchisee is not the operating person, then the operating person

and one other Manager must go through 2 weeks training. The hands-off Franchisee must still go through a minimum 3-week training to be educated about Menbow ’s processes and procedures.

We also help train store level staff and support the opening of the location.

Menbow does not provide financing. However, we have a great business relationship with National banks such as BMO, Scotia Bank and BDC. We can connect you with Business Manager if you need assistance with financing. We also have successfully assisted franchisees to access the Canada Small Business Financing Program.

5% royalty fee and a 2% marketing fee. Both are based upon a percentage of gross sales, paid monthly.

• Food/Paper/Bev/market goods: 33-35%
• Cost of Labor: 18% to 25%
• Rent: Avg rent is typically $75,000-$90,000 per year. Small towns approximately $50,000 year. Premium locations in downtown Vancouver/Toronto will most often be over $100,000.

This ranges a lot based on total sales, rent, DoorDash/Skip/Uber Eats sales, labour rates, etc. You will need to do a sales projection and we will provide approximate rent costs to help determine profit.

The size of your location (Food court/ compact / full service), what city you are in, economic climate, and variances for building supplies, equipment, furniture, and signage. This is why we provide a range for each category.

We are restricted by various provincial franchise sales regulations from providing you with representations of sales or profits. We do not make any representations of what your sales and profits will be, but we do share with you the annual sales of other outlets in our system that are already in operation.

We have an approved equipment list that we outfit the store with. We also have approved equipment providers in each market. They will provide the equipment you require, at a negotiated price that favours our Franchise Partners.

The cost of the franchise is based on the real cost to buy the equipment and build the store. The cost of the business is not negotiable, but you can negotiate the cost of construction with the general contractor. You will pay the cost of construction and equipment directly to the companies that provide the service. If there is a dollar to save, it goes into your pocket.

The cost of training is included in the franchise fee. There may be additional costs for travel, accommodation and meals, these are not included in your franchise fee.

Head Office staff periodically visits your store to provide feedback on how to improve your business. We have strategies to help market your business in the local community, build catering revenue, and we provide feedback on quality, service, and cleanliness.

Head office will design and develop the menu, and set the prices. Customers expect the same experience for pricing and menu offering at each location they visit.

1 - Access to trademarks, recipes, and our operating system.

2 - Assistance with identifying a suitable location and lease negotiation.

3 - Access to our approved equipment and specifications.

4 - Design of the store including workflow and kitchen equipment.

5 - Assistance with construction costing and management.

6 - Training program, pre and post opening.

7 - Assistance training staff and setting up the store before opening.

8 - Ongoing feedback to improve your business.

9 - Managing contracts and vendors who provide products to the system.

10 - Ongoing improvements for the brand, menu, including research and development.

11 - Operations manuals, policies, procedures, and management systems.

You can apply for upcoming franchise opportunities by submitting your information in the form above and filling out an application.