Urban Wok franchise
2024 filing · January 31, 2024GrowingShares sales figures
Urban Wok at a glance
A build-your-own stir-fry restaurant cooking global fusion dishes to order. At the end of 2023 there were 8 Urban Wok locations in the US, 7 franchised and 1 company-owned.
The business
- Franchisor
- Urban Wok Global Fusion, LLC
- The company that sells the franchises
- Franchisor based in
- Saint Paul, Minnesota
- Typical size
- 1,600–2,000 sq ft
What you pay
- Cost to open
- $335K–$682K
- Fee, build-out and opening working capital
- Franchise fee
- $40,000
- Paid once, when you sign
- Royalty
- 7%
- 7% of monthly gross revenue
- Brand fund
- 1%
- 1% of gross revenue, paid monthly
- Agreement length
- 10 years
- Territory
- Limited
- Limited protection
- Franchisor financing
- None offered
Where it is
- US locations, 2023
- 8
- Franchised and company-owned
- Franchised
- 7
- Company-owned
- 1
- Change in 1 years
- +7
- Franchised locations, 2021–2023
- States
- 3
- Most in Minnesota, South Carolina and Georgia
Support and records
From Urban Wok Global Fusion, LLC’s 2024 filing; revenue and net loss from its audited financial statements, page 153; SBA status from the SBA Franchise Directory, October 28, 2026.
Franchisor revenue is the company that sells the franchises (royalties, fees and anything else it earns), not what a location makes.
Where it ranks
Urban Wok among all franchises with the same figure.
| Figure | Urban Wok | Among all franchises |
|---|---|---|
| Cost to open, midpointHalfway between the low and high estimate | $508,250 | Costs more than 64% of franchises |
| Franchise feePaid once, when you sign | $40,000 | Lower than 46% of franchises |
| RoyaltyShare of sales paid to the franchisor | 7% | Higher than 70% of brands with a set rate |
| US locationsFranchised and company-owned | 8 | Fewer than 65% of franchises |
How much a Urban Wok franchise costs
Opening one Urban Wok costs an estimated $334,500 to $682,000. That covers the franchise fee and everything else needed to open, through the first months of working capital.
Source: Urban Wok Global Fusion, LLC, 2024 filing, page 18
Urban Wok franchise fee
The franchise fee is $40,000. You pay it when you sign the franchise agreement.
Source: Urban Wok Global Fusion, LLC, 2024 filing, page 10
Royalty and ongoing fees
| Royalty | 7% of monthly gross revenue. |
|---|---|
| Brand or marketing fund | 1% of gross revenue, paid monthly. |
| Technology Fee | $250 per month |
| Transfer Fee | 50% of the then current initial franchise fee |
The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: Urban Wok Global Fusion, LLC, 2024 filing, pages 10 and 11
Other fees as filed, from pages 11–12. The filing lists every fee, including late fees and audit costs.
Sales and earnings
Shares figures Urban Wok publishes sales or earnings figures for its locations. The full tables, with notes on which locations are counted, are in its filing.
Source: Urban Wok Global Fusion, LLC, 2024 filing, page 44
- Estimate Estimated yearly sales per location
- $370K–$650K
Estimated from the sales that 292 comparable franchises file, matched on industry, format, cost to open, fees and size.
SBA loans to Urban Wok franchisees
Lenders approved 4 SBA 7(a) loans for Urban Wok franchisees from 2022 to 2024, $1.26M in all. None has been paid off or charged off yet.
A charged-off loan is one written off as uncollectible. See SBA franchise loans for how 7(a) and 504 loans work.
Source: SBA 7(a) and 504 loan data, as of September 30, 2026
How Urban Wok compares
Of the 813 restaurant franchises on this site, Urban Wok is the 310th cheapest to open and the 477th largest by number of locations.
| Figure | Urban Wok | Typical restaurant brand | Typical franchise |
|---|---|---|---|
| Cost to open, low end | $335K | $408K | $222K |
| Cost to open, high end | $682K | $866K | $477K |
| Franchise fee | $40K | $35K | $40K |
| Royalty | 7% | 5% | 6% |
| Brand fund | 1% | 2% | 2% |
| US locations | 8 | 14 | 21 |
| Shares earnings figures | Yes | 474 of 813 | 2,147 of 3,352 |
Typical is the median across the 813 brands in restaurant franchises; typical franchise, across every brand here.
Locations opened and closed
| Year | Franchised | Company-owned | Opened | Closed |
|---|---|---|---|---|
| 2021 | 1 (+1) | 1 | +1 | 0 |
| 2022 | 5 (+4) | 1 | – | – |
| 2023 | 7 (+2) | 1 | – | – |
Closed or left counts terminations, non-renewals, locations bought back by the franchisor and locations that stopped operating.
See which brands grew most in the fastest-growing franchises rankings.
More in the guides: franchise failure rates.
Source: Urban Wok Global Fusion, LLC, 2024 filing, page 46
Where Urban Wok locations are
At the end of 2023, Urban Wok had locations in 3 states. The most are in Minnesota, South Carolina and Georgia.
- Minnesota5
- South Carolina2
- Georgia1
| State | Franchised | Company-owned | Total |
|---|---|---|---|
| Minnesota | 4 | 1 | 5 |
| South Carolina | 2 | 0 | 2 |
| Georgia | 1 | 0 | 1 |
Source: Urban Wok Global Fusion, LLC, 2024 filing, page 46
Who owns Urban Wok?
Urban Wok franchises are sold by Urban Wok Global Fusion, LLC.
From Urban Wok Global Fusion, LLC’s 2024 filing.
Lawsuits and bankruptcy
| Lawsuits and regulatory actions | None. The filing says no litigation has to be disclosed. |
|---|---|
| Bankruptcy | None. The filing says no bankruptcy has to be disclosed. |
Franchisors must disclose lawsuits and bankruptcies involving the company, its parents and affiliates, and its executives. Many cases are routine disputes with franchisees over fees or contracts; read the descriptions in the filing and ask current owners about anything that worries you.
Source: Urban Wok Global Fusion, LLC, 2024 filing, litigation on page 10, bankruptcy on page 10
Urban Wok filings
The figures on this page come from Urban Wok Global Fusion, LLC’s 2024 filing, issued January 31, 2024, on record with the Minnesota Department of Commerce.
| Filing | Issued | Registry | On this page |
|---|---|---|---|
| 2024 filing | January 31, 2024 | Minnesota | Costs, fees and locations, 2021–2023 |
Each link opens the filing as a PDF. See the newest filings across all brands.
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