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Below is an in-depth analysis and side-by-side comparison of HuHot Mongolian Grill vs Maki of Japan including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $984,000 - $1,219,000 | $330,000 - $475,000 |
Franchise Fee | $40,000 | $30,000 |
Royalty Fee | 5% | 6% |
Advertising Fee | 0.5% | - |
Year Founded | 1999 | 1991 |
Year Franchised | 2001 | 2001 |
Term Of Agreement | 15 years | 10 years |
Term Of Agreement | 15 years | 10 years |
Renewal Fee | - | $55000 |
Business Experience Requirements |
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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 |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | No/Yes |
Start-up Costs | No/No | No/Yes |
Equipment | No/No | No/Yes |
Inventory | No/No | No/Yes |
Receivables | No/No | No/Yes |
Payroll | No/No | No/Yes |
Training & Support |
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Training | - | - |
Support | 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 |
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US Expansion | - | - |
Canada Expansion | No | No |
International Expansion | No | No |
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.
Maki of Japan initially opened in 1999 at the Florida Mall in Orlando, Florida. Nourishment Systems Unlimited, Inc. took this idea across the nation in 2001 advancing top notch Teriyaki Chicken, Beef, Vegetable and Shrimp dishes. Dinners are arranged crisp, in an engaging and energizing route by our gourmet specialists before every last esteemed client with an inventive cooked-to-request Hibachi style introduction.
Our "constantly cooked crisp" formulas make it workable for clients to have a special sustenance experience to fit their bustling calendar. We offer brilliant Japanese admission, including the most prevalent sushi dishes, conveyed with fast administration esteem.
Today, Maki of Japan proceeds to feature a particular introduction, menu, and unrivaled execution to esteemed benefactors in Mall and Airport sustenance courts all through the United States.