Binghamton Hots vs Hongkong Noodle Factory Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Binghamton Hots vs Hongkong Noodle Factory including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

  Binghamton Hots Hongkong Noodle Factory
Investment 122850 - 213450 1600 - 1600
Franchise Fee
Royalty Fee 5% 0
Advertising Fee 2% 0
Year Founded 0 0
Year Franchised 0 0
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  Binghamton Hots Hongkong Noodle Factory
Experience Some familiarity with restaurant operations is helpful, but it s not required to be part of the Binghamton HOTS casual restaurant franchise program. We do look for people who will be dedicated to their restaurant operations, and who have solid business and people management experience. The ability to build a strong operations team and potentially open and operate multiple units are also important factors we evaluate.

Financing Options

  Binghamton Hots Hongkong Noodle Factory
 
Franchise Fees No
Start-up Costs No
Equipment No
Inventory No
Receivables No
Payroll No

Training & Support

  Binghamton Hots Hongkong Noodle Factory
Training Classroom (up to 16 hours) On-the-job (up to 60 hours) sessions
Support We will send a representative to assist you and your team on-site around the time of your Grand Opening. We will present you with a copy of our confidential operations manual to help you run your casual restaurant franchise properly on a day-to-day basis.
Marketing
Operations

Expansion Plans

  Binghamton Hots Hongkong Noodle Factory
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
Binghamton Hots
Hongkong Noodle Factory
Franchise Fee
Binghamton Hots
Hongkong Noodle Factory
Royalty Fee
Binghamton Hots 5%
Hongkong Noodle Factory 0
Advertising Fee
Binghamton Hots 2%
Hongkong Noodle Factory 0
Year Founded
Binghamton Hots 0
Hongkong Noodle Factory 0
Year Franchised
Binghamton Hots 0
Hongkong Noodle Factory 0
Term Of Agreement
Binghamton Hots 10 years +5+5
Hongkong Noodle Factory 3 years
Renewal Fee
Binghamton Hots
Hongkong Noodle Factory


Business Experience Requirements

Experience
Binghamton Hots Some familiarity with restaurant operations is helpful, but it s not required to be part of the Binghamton HOTS casual restaurant franchise program. We do look for people who will be dedicated to their restaurant operations, and who have solid business and people management experience. The ability to build a strong operations team and potentially open and operate multiple units are also important factors we evaluate.
Hongkong Noodle Factory

Financing Options

 
Franchise Fees
Binghamton Hots No
Hongkong Noodle Factory No
Start-up Costs
Binghamton Hots
Hongkong Noodle Factory
Equipment
Binghamton Hots}
Hongkong Noodle Factory
Inventory
Binghamton Hots
Hongkong Noodle Factory
Receivables
Binghamton Hots
Hongkong Noodle Factory
Payroll
Binghamton Hots
Hongkong Noodle Factory

Training & Support

Training
Binghamton Hots Classroom (up to 16 hours) On-the-job (up to 60 hours) sessions
Hongkong Noodle Factory
Support
Binghamton Hots We will send a representative to assist you and your team on-site around the time of your Grand Opening. We will present you with a copy of our confidential operations manual to help you run your casual restaurant franchise properly on a day-to-day basis.
Hongkong Noodle Factory
Marketing
Binghamton Hots
Hongkong Noodle Factory
Operations
Binghamton Hots
Hongkong Noodle Factory

Expansion Plans

US Expansion
Binghamton Hots 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
Hongkong Noodle Factory
Canada Expansion
Binghamton Hots
Hongkong Noodle Factory
International Expansion
Binghamton Hots
Hongkong Noodle Factory