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Below is an in-depth analysis and side-by-side comparison of HuHot Mongolian Grill vs Yogis Grill 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 | $268,050 - $434,055 |
Franchise Fee | $40,000 | $30,000 |
Royalty Fee | 5% | 3% |
Advertising Fee | 0.5% | 2% |
Year Founded | 1999 | 2005 |
Year Franchised | 2001 | 2008 |
Term Of Agreement | 15 years | - |
Term Of Agreement | 15 years | - |
Renewal Fee | - | - |
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 | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | - | Training will be available at our company headquarters, or at another exclusive location, and will last for 1 week. Members of our management team will conduct training. Training will be provided for 2 people per franchised business. Ongoing training is also available. |
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 | - |
International Expansion | 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.
The Yogis Grill is an excellent opportunity for you to own your own business in a growing industry with high upside potential.Yogis Grill Casual Japanese Restaurant. To support our current growth plans, we seek qualified individuals with passion, energy, and drive, who are capable of using our systems and support to develop their own successful business.
We work with entrepreneurs to build strong and successful casual Japanese restaurant businesses. Our experience and leading edge systems provide each casual Japanese restaurant franchise with the direction that helps them achieve the goals they have for their business.
Franchises are available in selected areas.