Start-Up Costs and Fees |
||
| Jinya Ramen Bar | HuHot Mongolian Grill | |
| Investment | 1105000 - 1561000 | 984000 - 1219000 |
| Franchise Fee | 0 | |
| Royalty Fee | 5% | 5% |
| Advertising Fee | 1% | 0.50% |
| Year Founded | 2010 | 1999 |
| Year Franchised | 2012 | 2001 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Jinya Ramen Bar | HuHot Mongolian Grill | |
| 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 |
||
| Jinya Ramen Bar | HuHot Mongolian Grill | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Jinya Ramen Bar | 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 |
||
| Jinya Ramen Bar | 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 | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Jinya Ramen Bar | |
| HuHot Mongolian Grill | |
| Franchise Fee | |
| Jinya Ramen Bar | |
| HuHot Mongolian Grill | |
| Royalty Fee | |
| Jinya Ramen Bar | 5% |
| HuHot Mongolian Grill | 5% |
| Advertising Fee | |
| Jinya Ramen Bar | 1% |
| HuHot Mongolian Grill | 0.50% |
| Year Founded | |
| Jinya Ramen Bar | 2010 |
| HuHot Mongolian Grill | 1999 |
| Year Franchised | |
| Jinya Ramen Bar | 2012 |
| HuHot Mongolian Grill | 2001 |
| Term Of Agreement | |
| Jinya Ramen Bar | |
| HuHot Mongolian Grill | 15 years |
| Renewal Fee | |
| Jinya Ramen Bar | |
| HuHot Mongolian Grill | |
Business Experience Requirements |
|
| Experience | |
| Jinya Ramen Bar | |
| 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 | |
| Jinya Ramen Bar | |
| HuHot Mongolian Grill | |
| Start-up Costs | |
| Jinya Ramen Bar | |
| HuHot Mongolian Grill | |
| Equipment | |
| Jinya Ramen Bar} | |
| HuHot Mongolian Grill | |
| Inventory | |
| Jinya Ramen Bar | |
| HuHot Mongolian Grill | |
| Receivables | |
| Jinya Ramen Bar | |
| HuHot Mongolian Grill | |
| Payroll | |
| Jinya Ramen Bar | |
| HuHot Mongolian Grill | |
Training & Support |
|
| Training | |
| Jinya Ramen Bar | |
| HuHot Mongolian Grill | |
| Support | |
| Jinya Ramen Bar | |
| HuHot Mongolian Grill | Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| Marketing | |
| Jinya Ramen Bar | |
| HuHot Mongolian Grill | Co-op advertising, Ad slicks, Regional advertising |
| Operations | |
| Jinya Ramen Bar | |
| 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 | |
| Jinya Ramen Bar | 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 | |
| Jinya Ramen Bar | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory |
| HuHot Mongolian Grill | |
| International Expansion | |
| Jinya Ramen Bar | |
| HuHot Mongolian Grill | |