Start-Up Costs and Fees |
||
| Bann Thai | HuHot Mongolian Grill | |
| Investment | 224000 - 603000 | 984000 - 1219000 |
| Franchise Fee | 0 | |
| Royalty Fee | 5% | 5% |
| Advertising Fee | 0.50% | |
| Year Founded | 2010 | 1999 |
| Year Franchised | 2013 | 2001 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Bann Thai | HuHot Mongolian Grill | |
| Experience | DRIVER Has written and actionable goals Focus on the end result, regardless of the amount of time it takes to get there. Plan and act towards desired goals better than current circumstance Focus on what is going right, regardless of what is going wrong If this sounds like you, we are looking for you. | # Have a proven track record of business ownership & restaurant ownership that can contribute to the development of our brand # Have local knowledge and expertise in the areas of consumer preferences, real estate, government regulations, labor, and distribution issues in the area in which you'll be franchising # Have access to adequate capital # Philosophically aligned |
Financing Options |
||
| Bann Thai | HuHot Mongolian Grill | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Bann Thai | HuHot Mongolian Grill | |
| Training | ||
| Support | Grand opening, Internet, Security/safety procedures, Field operations/evaluations | |
| Marketing | Co-op advertising, Ad slicks, Regional advertising | |
| Operations | 50% of all franchisees own more than one unit Number of employees needed to run franchised unit: 50 Absentee ownership of franchise is allowed. (50% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Bann Thai | HuHot Mongolian Grill | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Bann Thai | |
| HuHot Mongolian Grill | |
| Franchise Fee | |
| Bann Thai | |
| HuHot Mongolian Grill | |
| Royalty Fee | |
| Bann Thai | 5% |
| HuHot Mongolian Grill | 5% |
| Advertising Fee | |
| Bann Thai | |
| HuHot Mongolian Grill | 0.50% |
| Year Founded | |
| Bann Thai | 2010 |
| HuHot Mongolian Grill | 1999 |
| Year Franchised | |
| Bann Thai | 2013 |
| HuHot Mongolian Grill | 2001 |
| Term Of Agreement | |
| Bann Thai | 10 years |
| HuHot Mongolian Grill | 15 years |
| Renewal Fee | |
| Bann Thai | |
| HuHot Mongolian Grill | |
Business Experience Requirements |
|
| Experience | |
| Bann Thai | DRIVER Has written and actionable goals Focus on the end result, regardless of the amount of time it takes to get there. Plan and act towards desired goals better than current circumstance Focus on what is going right, regardless of what is going wrong If this sounds like you, we are looking for you. |
| HuHot Mongolian Grill | # Have a proven track record of business ownership & restaurant ownership that can contribute to the development of our brand # Have local knowledge and expertise in the areas of consumer preferences, real estate, government regulations, labor, and distribution issues in the area in which you'll be franchising # Have access to adequate capital # Philosophically aligned |
Financing Options |
|
| Franchise Fees | |
| Bann Thai | |
| HuHot Mongolian Grill | |
| Start-up Costs | |
| Bann Thai | |
| HuHot Mongolian Grill | |
| Equipment | |
| Bann Thai} | |
| HuHot Mongolian Grill | |
| Inventory | |
| Bann Thai | |
| HuHot Mongolian Grill | |
| Receivables | |
| Bann Thai | |
| HuHot Mongolian Grill | |
| Payroll | |
| Bann Thai | |
| HuHot Mongolian Grill | |
Training & Support |
|
| Training | |
| Bann Thai | |
| HuHot Mongolian Grill | |
| Support | |
| Bann Thai | |
| HuHot Mongolian Grill | Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| Marketing | |
| Bann Thai | |
| HuHot Mongolian Grill | Co-op advertising, Ad slicks, Regional advertising |
| Operations | |
| Bann Thai | |
| HuHot Mongolian Grill | 50% of all franchisees own more than one unit Number of employees needed to run franchised unit: 50 Absentee ownership of franchise is allowed. (50% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| Bann Thai | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| HuHot Mongolian Grill | |
| Canada Expansion | |
| Bann Thai | |
| HuHot Mongolian Grill | |
| International Expansion | |
| Bann Thai | |
| HuHot Mongolian Grill | |