Start-Up Costs and Fees |
||
| HuHot Mongolian Grill | Bann Thai | |
| Investment | 984000 - 1219000 | 224000 - 603000 |
| Franchise Fee | 0 | |
| Royalty Fee | 5% | 5% |
| Advertising Fee | 0.50% | |
| Year Founded | 1999 | 2010 |
| Year Franchised | 2001 | 2013 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| HuHot Mongolian Grill | Bann Thai | |
| Experience | # 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 | 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. |
Financing Options |
||
| HuHot Mongolian Grill | Bann Thai | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| HuHot Mongolian Grill | Bann Thai | |
| 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 |
||
| HuHot Mongolian Grill | Bann Thai | |
| 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 | |
| HuHot Mongolian Grill | |
| Bann Thai | |
| Franchise Fee | |
| HuHot Mongolian Grill | |
| Bann Thai | |
| Royalty Fee | |
| HuHot Mongolian Grill | 5% |
| Bann Thai | 5% |
| Advertising Fee | |
| HuHot Mongolian Grill | 0.50% |
| Bann Thai | |
| Year Founded | |
| HuHot Mongolian Grill | 1999 |
| Bann Thai | 2010 |
| Year Franchised | |
| HuHot Mongolian Grill | 2001 |
| Bann Thai | 2013 |
| Term Of Agreement | |
| HuHot Mongolian Grill | 15 years |
| Bann Thai | 10 years |
| Renewal Fee | |
| HuHot Mongolian Grill | |
| Bann Thai | |
Business Experience Requirements |
|
| Experience | |
| 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 |
| 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. |
Financing Options |
|
| Franchise Fees | |
| HuHot Mongolian Grill | No |
| Bann Thai | No |
| Start-up Costs | |
| HuHot Mongolian Grill | |
| Bann Thai | |
| Equipment | |
| HuHot Mongolian Grill} | |
| Bann Thai | |
| Inventory | |
| HuHot Mongolian Grill | |
| Bann Thai | |
| Receivables | |
| HuHot Mongolian Grill | |
| Bann Thai | |
| Payroll | |
| HuHot Mongolian Grill | |
| Bann Thai | |
Training & Support |
|
| Training | |
| HuHot Mongolian Grill | |
| Bann Thai | |
| Support | |
| HuHot Mongolian Grill | Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| Bann Thai | |
| Marketing | |
| HuHot Mongolian Grill | Co-op advertising, Ad slicks, Regional advertising |
| Bann Thai | |
| Operations | |
| 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) |
| Bann Thai | |
Expansion Plans |
|
| US Expansion | |
| HuHot Mongolian Grill | |
| 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 |
| Canada Expansion | |
| HuHot Mongolian Grill | |
| Bann Thai | |
| International Expansion | |
| HuHot Mongolian Grill | |
| Bann Thai | |