Start-Up Costs and Fees |
||
| Hongkong Noodle Factory | Maid-Rite | |
| Investment | 1600 - 1600 | 99375 - 141500 |
| Franchise Fee | ||
| Royalty Fee | 0 | 6% |
| Advertising Fee | 0 | 2% |
| Year Founded | 0 | 1926 |
| Year Franchised | 0 | 1926 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Hongkong Noodle Factory | Maid-Rite | |
| Experience | ||
Financing Options |
||
| Hongkong Noodle Factory | Maid-Rite | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Hongkong Noodle Factory | Maid-Rite | |
| Training | ||
| Support | ||
| Marketing | ||
| Operations | 12% of all franchisees own more than one unit Number of employees needed to run franchised unit: 8 - 14 Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Hongkong Noodle Factory | Maid-Rite | |
| 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 | |
| Hongkong Noodle Factory | |
| Maid-Rite | |
| Franchise Fee | |
| Hongkong Noodle Factory | |
| Maid-Rite | |
| Royalty Fee | |
| Hongkong Noodle Factory | 0 |
| Maid-Rite | 6% |
| Advertising Fee | |
| Hongkong Noodle Factory | 0 |
| Maid-Rite | 2% |
| Year Founded | |
| Hongkong Noodle Factory | 0 |
| Maid-Rite | 1926 |
| Year Franchised | |
| Hongkong Noodle Factory | 0 |
| Maid-Rite | 1926 |
| Term Of Agreement | |
| Hongkong Noodle Factory | 3 years |
| Maid-Rite | |
| Renewal Fee | |
| Hongkong Noodle Factory | |
| Maid-Rite | |
Business Experience Requirements |
|
| Experience | |
| Hongkong Noodle Factory | |
| Maid-Rite | |
Financing Options |
|
| Franchise Fees | |
| Hongkong Noodle Factory | |
| Maid-Rite | |
| Start-up Costs | |
| Hongkong Noodle Factory | |
| Maid-Rite | |
| Equipment | |
| Hongkong Noodle Factory} | |
| Maid-Rite | |
| Inventory | |
| Hongkong Noodle Factory | |
| Maid-Rite | |
| Receivables | |
| Hongkong Noodle Factory | |
| Maid-Rite | |
| Payroll | |
| Hongkong Noodle Factory | |
| Maid-Rite | |
Training & Support |
|
| Training | |
| Hongkong Noodle Factory | |
| Maid-Rite | |
| Support | |
| Hongkong Noodle Factory | |
| Maid-Rite | |
| Marketing | |
| Hongkong Noodle Factory | |
| Maid-Rite | |
| Operations | |
| Hongkong Noodle Factory | |
| Maid-Rite | 12% of all franchisees own more than one unit Number of employees needed to run franchised unit: 8 - 14 Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| Hongkong Noodle Factory | |
| Maid-Rite | 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 | |
| Hongkong Noodle Factory | |
| Maid-Rite | |
| International Expansion | |
| Hongkong Noodle Factory | |
| Maid-Rite | |