HuHot Mongolian Grill Franchise

Mongolian grill restaurants

HuHot Mongolian Grills, L.L.C. started with a Mongolian BBQ grill called Mongos Mongolian Grill in Missoula, Montana in June 1999. Since then, the concept has proven to be very successful and the company plans to rapidly expand. The name HuHot (the ancient capital of inner-Mongolia) was chosen for future and franchised restaurants. It??s trampling old notions of full-service dining. Warming lamps and steam tables lie smashed in its wake. At HuHot, diners customize their own meals by choosing from dozens of fresh vegetables, meats, noodles and sauces.

ABC INC

ABC-CO - NASDAQ

$129.55 USD
+0.25 (+0.20%)
$129.55
$129.55


It's time to give yourself permission to build your days around what's important to you! You're in Control!
For more information, complete our FREE FRANCHISE ADVICE form!
 
Please Note: The operators of HuHot Mongolian Grill, may not have verified the accuracy of the Franchise information contained within this website. For accurate up-to-date information, investors are strongly recommended to visit the official HuHot Mongolian Grill website.

How much does it cost to open a HuHot Mongolian Grill Franchise ?

The investment required to open a HuHot Mongolian Grill Franchise is between $984,000 - $1,219,000 . There is an initial franchise fee of $40,000 which grants you the license to run a business under the HuHot Mongolian Grill name.

Individual Franchise Costs

  • Initial Investment:
    $984,000 -
  • Initial Franchise Fee:
    $40,000
  • Royalty Fee:
    5%
  • Advertising Fee:
    0.50%
  • Term of Agreement:
    15 years

Expense In-House Third Party
Franchise Fee No No
Startup Costs No No
Equipment No No
Inventory No No
Accounts Receivable No No
Payroll No No

Support
Grand opening, Internet, Security/safety procedures, Field operations/evaluations

Marketing
Co-op advertising, Ad slicks, Regional advertising

HuHot Mongolian Grill Growth History

When did the first HuHot Mongolian Grill open? 1999
When did HuHot Mongolian Grill start Franchising ? 2001

Year U.S.A. Canada International Corporate
2005 12 0 0 3
2004 5 0 0 3
2003 4 0 0 1
2002 3 0 0 1
2001 2 0 0 1

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)

# 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


How much money you could make as a HuHot Mongolian Grill Franchise owner depends on a wide variety of factors. As a business owner, your primary goals are to strive for high sales while keeping your oper_ating costs as low as possible while still maintaining quality products and service. The monthly oper_ating costs that you will incur as a HuHot Mongolian Grill Franchise owner may include royalty fees, rent or mortgage, staffing, products, supplies, utilities, administrative costs and other things. Although your monthly oper_ating costs may vary from month to month, your start up costs are typically fixed and they will cover the majority of your initial oper_ating equipment, signage, and renovations.

Initial Investment
$40,000 - $1,219,000
Initial Franchise Fee
$40,000
Royalty Fee
5%
Advertising Fee
0.50%
Term of Agreement
15 years
HuHot Mongolian Grill Franchise Opportunity viewed times by investors.
 

Legal Disclaimer: This information is not a franchise offering for HuHot Mongolian Grill and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recomend that anyone seriously interested in pursuing an HuHot Mongolian Grill franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.