Start-Up Costs and Fees |
||
| Mr. Hero | Nothing But Noodles | |
| Investment | 113000 - 305000 | 408500 - 555300 |
| Franchise Fee | 0 | 0 |
| Royalty Fee | 5.50% | 6% |
| Advertising Fee | ||
| Year Founded | 1965 | 2001 |
| Year Franchised | 1970 | 2002 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Mr. Hero | Nothing But Noodles | |
| Experience | Industry experience General business experience Marketing skills | The minimum financial requirements are a net worth of $1,000,000 and $350,000 in liquid assets. Nothing but Noodles seeks solid, experienced business individuals or partners who are interested in owning and operating their own restaurant business. Franchise owners are ideally hands-on individuals, experienced in full service or QSR restaurants, who take pride in building their own business and serving a quality product in their respective communities. If you do not have previous restaurant experience, we will require you to join with an operating partner or hire an experienced manager that will own an equity portion of the business entity. Total commitment is critical to achieving and maintaining successful restaurants in our system. |
Financing Options |
||
| Mr. Hero | Nothing But Noodles | |
| Franchise Fees | No | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Mr. Hero | Nothing But Noodles | |
| Training | ||
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | |
| Operations | International franchisees required to buy multiple units/master licenses; 15-20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 10 Absentee ownership of franchise is NOT allowed. (95% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Mr. Hero | Nothing But Noodles | |
| US Expansion | ||
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Mr. Hero | |
| Nothing But Noodles | |
| Franchise Fee | |
| Mr. Hero | |
| Nothing But Noodles | |
| Royalty Fee | |
| Mr. Hero | 5.50% |
| Nothing But Noodles | 6% |
| Advertising Fee | |
| Mr. Hero | |
| Nothing But Noodles | |
| Year Founded | |
| Mr. Hero | 1965 |
| Nothing But Noodles | 2001 |
| Year Franchised | |
| Mr. Hero | 1970 |
| Nothing But Noodles | 2002 |
| Term Of Agreement | |
| Mr. Hero | 10 years |
| Nothing But Noodles | |
| Renewal Fee | |
| Mr. Hero | |
| Nothing But Noodles | |
Business Experience Requirements |
|
| Experience | |
| Mr. Hero | Industry experience General business experience Marketing skills |
| Nothing But Noodles | The minimum financial requirements are a net worth of $1,000,000 and $350,000 in liquid assets. Nothing but Noodles seeks solid, experienced business individuals or partners who are interested in owning and operating their own restaurant business. Franchise owners are ideally hands-on individuals, experienced in full service or QSR restaurants, who take pride in building their own business and serving a quality product in their respective communities. If you do not have previous restaurant experience, we will require you to join with an operating partner or hire an experienced manager that will own an equity portion of the business entity. Total commitment is critical to achieving and maintaining successful restaurants in our system. |
Financing Options |
|
| Franchise Fees | |
| Mr. Hero | No |
| Nothing But Noodles | No |
| Start-up Costs | |
| Mr. Hero | |
| Nothing But Noodles | |
| Equipment | |
| Mr. Hero} | |
| Nothing But Noodles | |
| Inventory | |
| Mr. Hero | |
| Nothing But Noodles | |
| Receivables | |
| Mr. Hero | |
| Nothing But Noodles | |
| Payroll | |
| Mr. Hero | |
| Nothing But Noodles | |
Training & Support |
|
| Training | |
| Mr. Hero | |
| Nothing But Noodles | |
| Support | |
| Mr. Hero | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Nothing But Noodles | |
| Marketing | |
| Mr. Hero | Co-op advertising, Ad slicks, National media, Regional advertising |
| Nothing But Noodles | |
| Operations | |
| Mr. Hero | International franchisees required to buy multiple units/master licenses; 15-20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 10 Absentee ownership of franchise is NOT allowed. (95% of current franchisees are owner/operators) |
| Nothing But Noodles | |
Expansion Plans |
|
| US Expansion | |
| Mr. Hero | |
| Nothing But Noodles | |
| Canada Expansion | |
| Mr. Hero | |
| Nothing But Noodles | |
| International Expansion | |
| Mr. Hero | |
| Nothing But Noodles | |