Start-Up Costs and Fees |
||
| Rasoee | HuHot Mongolian Grill | |
| Investment | 200000 - 275000 | 984000 - 1219000 |
| Franchise Fee | 0 | |
| Royalty Fee | 6% | 5% |
| Advertising Fee | 2% | 0.50% |
| Year Founded | 1996 | 1999 |
| Year Franchised | 2007 | 2001 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Rasoee | 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 |
||
| Rasoee | HuHot Mongolian Grill | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Rasoee | HuHot Mongolian Grill | |
| Training | Rasoee has organized a comprehensive training program for our franchisees. Our training program principally focuses on food preparation, restaurant operations, inventory management and financial / legal obligations required to run a company. The food preparation segment of the program is Rasoee's key advantage in the industry. Our proprietary production systems allow minimum staffing and minimal product knowledge, while delivering award- winning gourmet cuisine within minutes. | |
| Support | Rasoee Chefs and management team are continuously developing new recipes to keep up with current food trends (no trans fats, Omega-3/multigrain Naan breads) in the dynamic world of foodservice. The Rasoee franchise partnership will provide all the tools needed to comfortably run the Rasoee restau- rant throughout the process. We have carefully designed the system in order to allow the franchisee to focus largely on the guest experience and build the business with personal relationships; while the business and food production details run meticulously in parallel. | 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 |
||
| Rasoee | HuHot Mongolian Grill | |
| US Expansion | ||
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Rasoee | |
| HuHot Mongolian Grill | |
| Franchise Fee | |
| Rasoee | |
| HuHot Mongolian Grill | |
| Royalty Fee | |
| Rasoee | 6% |
| HuHot Mongolian Grill | 5% |
| Advertising Fee | |
| Rasoee | 2% |
| HuHot Mongolian Grill | 0.50% |
| Year Founded | |
| Rasoee | 1996 |
| HuHot Mongolian Grill | 1999 |
| Year Franchised | |
| Rasoee | 2007 |
| HuHot Mongolian Grill | 2001 |
| Term Of Agreement | |
| Rasoee | |
| HuHot Mongolian Grill | 15 years |
| Renewal Fee | |
| Rasoee | |
| HuHot Mongolian Grill | |
Business Experience Requirements |
|
| Experience | |
| Rasoee | |
| 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 | |
| Rasoee | |
| HuHot Mongolian Grill | |
| Start-up Costs | |
| Rasoee | |
| HuHot Mongolian Grill | |
| Equipment | |
| Rasoee} | |
| HuHot Mongolian Grill | |
| Inventory | |
| Rasoee | |
| HuHot Mongolian Grill | |
| Receivables | |
| Rasoee | |
| HuHot Mongolian Grill | |
| Payroll | |
| Rasoee | |
| HuHot Mongolian Grill | |
Training & Support |
|
| Training | |
| Rasoee | Rasoee has organized a comprehensive training program for our franchisees. Our training program principally focuses on food preparation, restaurant operations, inventory management and financial / legal obligations required to run a company. The food preparation segment of the program is Rasoee's key advantage in the industry. Our proprietary production systems allow minimum staffing and minimal product knowledge, while delivering award- winning gourmet cuisine within minutes. |
| HuHot Mongolian Grill | |
| Support | |
| Rasoee | Rasoee Chefs and management team are continuously developing new recipes to keep up with current food trends (no trans fats, Omega-3/multigrain Naan breads) in the dynamic world of foodservice. The Rasoee franchise partnership will provide all the tools needed to comfortably run the Rasoee restau- rant throughout the process. We have carefully designed the system in order to allow the franchisee to focus largely on the guest experience and build the business with personal relationships; while the business and food production details run meticulously in parallel. |
| HuHot Mongolian Grill | Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| Marketing | |
| Rasoee | |
| HuHot Mongolian Grill | Co-op advertising, Ad slicks, Regional advertising |
| Operations | |
| Rasoee | |
| 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 | |
| Rasoee | |
| HuHot Mongolian Grill | |
| Canada Expansion | |
| Rasoee | |
| HuHot Mongolian Grill | |
| International Expansion | |
| Rasoee | |
| HuHot Mongolian Grill | |