Start-Up Costs and Fees |
||
| HuHot Mongolian Grill | Teriyaki Experience | |
| Investment | 984000 - 1219000 | 235000 - 491500 |
| Franchise Fee | 0 | |
| Royalty Fee | 5% | 6% |
| Advertising Fee | 0.50% | |
| Year Founded | 1999 | 1986 |
| Year Franchised | 2001 | 1987 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| HuHot Mongolian Grill | Teriyaki Experience | |
| 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 | |
Financing Options |
||
| HuHot Mongolian Grill | Teriyaki Experience | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| HuHot Mongolian Grill | Teriyaki Experience | |
| 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 | Teriyaki Experience | |
| 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 | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| HuHot Mongolian Grill | |
| Teriyaki Experience | |
| Franchise Fee | |
| HuHot Mongolian Grill | |
| Teriyaki Experience | |
| Royalty Fee | |
| HuHot Mongolian Grill | 5% |
| Teriyaki Experience | 6% |
| Advertising Fee | |
| HuHot Mongolian Grill | 0.50% |
| Teriyaki Experience | |
| Year Founded | |
| HuHot Mongolian Grill | 1999 |
| Teriyaki Experience | 1986 |
| Year Franchised | |
| HuHot Mongolian Grill | 2001 |
| Teriyaki Experience | 1987 |
| Term Of Agreement | |
| HuHot Mongolian Grill | 15 years |
| Teriyaki Experience | |
| Renewal Fee | |
| HuHot Mongolian Grill | |
| Teriyaki Experience | |
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 |
| Teriyaki Experience | |
Financing Options |
|
| Franchise Fees | |
| HuHot Mongolian Grill | No |
| Teriyaki Experience | No |
| Start-up Costs | |
| HuHot Mongolian Grill | |
| Teriyaki Experience | |
| Equipment | |
| HuHot Mongolian Grill} | |
| Teriyaki Experience | |
| Inventory | |
| HuHot Mongolian Grill | |
| Teriyaki Experience | |
| Receivables | |
| HuHot Mongolian Grill | |
| Teriyaki Experience | |
| Payroll | |
| HuHot Mongolian Grill | |
| Teriyaki Experience | |
Training & Support |
|
| Training | |
| HuHot Mongolian Grill | |
| Teriyaki Experience | |
| Support | |
| HuHot Mongolian Grill | Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| Teriyaki Experience | |
| Marketing | |
| HuHot Mongolian Grill | Co-op advertising, Ad slicks, Regional advertising |
| Teriyaki Experience | |
| 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) |
| Teriyaki Experience | |
Expansion Plans |
|
| US Expansion | |
| HuHot Mongolian Grill | |
| Teriyaki Experience | 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 | |
| Teriyaki Experience | 0 |
| International Expansion | |
| HuHot Mongolian Grill | |
| Teriyaki Experience | |