Start-Up Costs and Fees |
||
| Chinese Mirch | HuHot Mongolian Grill | |
| Investment | 218800 - 661200 | 984000 - 1219000 |
| Franchise Fee | 0 | |
| Royalty Fee | 5% | |
| Advertising Fee | 0.50% | |
| Year Founded | 0 | 1999 |
| Year Franchised | 0 | 2001 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Chinese Mirch | HuHot Mongolian Grill | |
| Experience | We're seeking resourceful, energetic people who are familiar with Chinese or Indian Chinese cuisine. Former food service experience will be considered a plus but is not a requirement. | # 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 |
||
| Chinese Mirch | HuHot Mongolian Grill | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Chinese Mirch | HuHot Mongolian Grill | |
| Training | ||
| Support | Grand opening, Internet, Security/safety procedures, Field operations/evaluations | |
| Marketing | Co-op advertising, Ad slicks, Regional advertising | |
| Operations | The Franchisee does not have to personally operate the Chinese Mirch restaurants. However, there must be a full time Manager who has satisfactorily completed the training course provided by Chinese Mirch and is devoted to the operation of the restaurant. In addition, it is important to note that to a large part the success of a Chinese Mirch franchise depends on the entrepreneurial skills, attitude, and financial stability of the Franchisee. Therefore Chinese Mirch strongly recommends that Franchisees be actively involved on a day-to-day basis in their restaurant. In order to maintain our standards, certain purchases must be made from approved suppliers. | 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 |
||
| Chinese Mirch | HuHot Mongolian Grill | |
| US Expansion | Connecticut, Massachusetts, New Jersey, New York, Pennsylvania | |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Chinese Mirch | |
| HuHot Mongolian Grill | |
| Franchise Fee | |
| Chinese Mirch | |
| HuHot Mongolian Grill | |
| Royalty Fee | |
| Chinese Mirch | |
| HuHot Mongolian Grill | 5% |
| Advertising Fee | |
| Chinese Mirch | |
| HuHot Mongolian Grill | 0.50% |
| Year Founded | |
| Chinese Mirch | 0 |
| HuHot Mongolian Grill | 1999 |
| Year Franchised | |
| Chinese Mirch | 0 |
| HuHot Mongolian Grill | 2001 |
| Term Of Agreement | |
| Chinese Mirch | |
| HuHot Mongolian Grill | 15 years |
| Renewal Fee | |
| Chinese Mirch | |
| HuHot Mongolian Grill | |
Business Experience Requirements |
|
| Experience | |
| Chinese Mirch | We're seeking resourceful, energetic people who are familiar with Chinese or Indian Chinese cuisine. Former food service experience will be considered a plus but is not a requirement. |
| 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 | |
| Chinese Mirch | |
| HuHot Mongolian Grill | |
| Start-up Costs | |
| Chinese Mirch | |
| HuHot Mongolian Grill | |
| Equipment | |
| Chinese Mirch} | |
| HuHot Mongolian Grill | |
| Inventory | |
| Chinese Mirch | |
| HuHot Mongolian Grill | |
| Receivables | |
| Chinese Mirch | |
| HuHot Mongolian Grill | |
| Payroll | |
| Chinese Mirch | |
| HuHot Mongolian Grill | |
Training & Support |
|
| Training | |
| Chinese Mirch | |
| HuHot Mongolian Grill | |
| Support | |
| Chinese Mirch | |
| HuHot Mongolian Grill | Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| Marketing | |
| Chinese Mirch | |
| HuHot Mongolian Grill | Co-op advertising, Ad slicks, Regional advertising |
| Operations | |
| Chinese Mirch | The Franchisee does not have to personally operate the Chinese Mirch restaurants. However, there must be a full time Manager who has satisfactorily completed the training course provided by Chinese Mirch and is devoted to the operation of the restaurant. In addition, it is important to note that to a large part the success of a Chinese Mirch franchise depends on the entrepreneurial skills, attitude, and financial stability of the Franchisee. Therefore Chinese Mirch strongly recommends that Franchisees be actively involved on a day-to-day basis in their restaurant. In order to maintain our standards, certain purchases must be made from approved suppliers. |
| 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 | |
| Chinese Mirch | Connecticut, Massachusetts, New Jersey, New York, Pennsylvania |
| HuHot Mongolian Grill | |
| Canada Expansion | |
| Chinese Mirch | |
| HuHot Mongolian Grill | |
| International Expansion | |
| Chinese Mirch | |
| HuHot Mongolian Grill | |