9th February 2007
Manchester corporate and commercial law firm Lopian
Wagner has been instrumental in the launch of the
UK’s first Chinese/Thai takeaway franchise –
Wok2go. The innovative concept – which delivers
freshly prepared, contemporary Oriental cuisine –
is set to become a fixture on high streets up and
down the country.
Led by founding partner Anthony Wagner, Lopian Wagner
finalised the launch of Wok2go Products Ltd and handled
the shareholders’ agreement between managing
director George Leung and the RAS Partnership, a longstanding
client of the law firm and specialists in brand marketing
and franchises.
The management team behind the venture anticipates
opening ten franchise operations within the first
12 months, with 100 open for business by the end of
year three. With an expected turnover of £7
- £10,000 per week and profits of 25%, interest
in the turnkey operation has been intense. The team
has already secured seven franchisees since the offer
was launched in May, including two based in London.
Those franchises sold to date have been snapped up
by high calibre industry players – including
former Domino’s Pizza and Subway owners –
and each is expected to open multiple sites. The very
first outlet opened last week in Macclesfield and
has been enthusiastically received by local punters.
Unlike conventional Chinese takeaways, the enticing
menu at Wok2Go has been designed to be healthy as
well as delicious: the company pledges to use no monosodium
glutamate and features reduced salt and low fat sauces.
Food is cooked quickly in a searing hot wok in a modern,
open-plan kitchen. In addition to rolling out the
franchise nationwide, the management team is aiming
to develop a dedicated Wok2go product range for supermarkets.
George Leung explained: “The quality of Chinese
takeaway food currently available is, at best, extremely
variable since it very much depends on who’s
doing the cooking at any one time. At its worst, it’s
stodgy, unhealthy and poorly flavoured. “We
believe the market is ripe for a completely fresh
approach to Oriental cooking that’s prepared
on the spot from quality ingredients. Wok2go will
set a new standard in this style of takeaway food
and, importantly, a dish purchased at a Glasgow outlet
will be identical to one bought in London.”
Anthony Wagner at Lopian Wagner commented: “Wok2go
is an outstanding franchise opportunity and is poised
to become one of the country’s favourite takeaways.
We’ve applied our considerable expertise and
broad experience of franchise operations to put together
this deal. We’re now looking forward to continuing
to work with the management team to move the brand
forward.”
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