Start-Up Costs and Fees |
||
| Yoshinoya | HuHot Mongolian Grill | |
| Investment | 550000 - 1400000 | 984000 - 1219000 |
| Franchise Fee | 0 | |
| Royalty Fee | 4% | 5% |
| Advertising Fee | 0.50% | |
| Year Founded | 1899 | 1999 |
| Year Franchised | 0 | 2001 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Yoshinoya | 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 |
||
| Yoshinoya | HuHot Mongolian Grill | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Yoshinoya | HuHot Mongolian Grill | |
| Training | Our goal is to give you the tools you need to assist you in building a business from day one. Your Yoshinoya franchise training includes 1 week of extensive, on-site initial training for yourself at our training headquarters in Torrance, California, six weeks for your lead kitchen personnel and 12 weeks for your front of house store manager. Training includes up to four persons. We help you stay abreast of new developments by providing additional training. Examples could include new equipment, menu and operational training. | |
| Support | During your first week of business operations, a Yoshinoya Franchise Operations staff member will work with you and your staff at your location to solidify your operational, quality and customer service. Yoshinoya's experienced field staff will regularly visit your location to evaluate your progress and suggest positive operations, profitability and marketing improvements. | Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| Marketing | As a Yoshinoya franchise owner, you will be supported by marketing to promote brand awareness and sales. Franchisees and company restaurants contribute to a fund for this purpose. | 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 |
||
| Yoshinoya | HuHot Mongolian Grill | |
| US Expansion | ||
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Yoshinoya | |
| HuHot Mongolian Grill | |
| Franchise Fee | |
| Yoshinoya | |
| HuHot Mongolian Grill | |
| Royalty Fee | |
| Yoshinoya | 4% |
| HuHot Mongolian Grill | 5% |
| Advertising Fee | |
| Yoshinoya | |
| HuHot Mongolian Grill | 0.50% |
| Year Founded | |
| Yoshinoya | 1899 |
| HuHot Mongolian Grill | 1999 |
| Year Franchised | |
| Yoshinoya | 0 |
| HuHot Mongolian Grill | 2001 |
| Term Of Agreement | |
| Yoshinoya | 10 years +5+5 |
| HuHot Mongolian Grill | 15 years |
| Renewal Fee | |
| Yoshinoya | |
| HuHot Mongolian Grill | |
Business Experience Requirements |
|
| Experience | |
| Yoshinoya | |
| 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 | |
| Yoshinoya | |
| HuHot Mongolian Grill | |
| Start-up Costs | |
| Yoshinoya | |
| HuHot Mongolian Grill | |
| Equipment | |
| Yoshinoya} | |
| HuHot Mongolian Grill | |
| Inventory | |
| Yoshinoya | |
| HuHot Mongolian Grill | |
| Receivables | |
| Yoshinoya | |
| HuHot Mongolian Grill | |
| Payroll | |
| Yoshinoya | |
| HuHot Mongolian Grill | |
Training & Support |
|
| Training | |
| Yoshinoya | Our goal is to give you the tools you need to assist you in building a business from day one. Your Yoshinoya franchise training includes 1 week of extensive, on-site initial training for yourself at our training headquarters in Torrance, California, six weeks for your lead kitchen personnel and 12 weeks for your front of house store manager. Training includes up to four persons. We help you stay abreast of new developments by providing additional training. Examples could include new equipment, menu and operational training. |
| HuHot Mongolian Grill | |
| Support | |
| Yoshinoya | During your first week of business operations, a Yoshinoya Franchise Operations staff member will work with you and your staff at your location to solidify your operational, quality and customer service. Yoshinoya's experienced field staff will regularly visit your location to evaluate your progress and suggest positive operations, profitability and marketing improvements. |
| HuHot Mongolian Grill | Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| Marketing | |
| Yoshinoya | As a Yoshinoya franchise owner, you will be supported by marketing to promote brand awareness and sales. Franchisees and company restaurants contribute to a fund for this purpose. |
| HuHot Mongolian Grill | Co-op advertising, Ad slicks, Regional advertising |
| Operations | |
| Yoshinoya | |
| 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 | |
| Yoshinoya | |
| HuHot Mongolian Grill | |
| Canada Expansion | |
| Yoshinoya | |
| HuHot Mongolian Grill | |
| International Expansion | |
| Yoshinoya | |
| HuHot Mongolian Grill | |