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Updated RecentlyHuHot Mongolian Grill vs Kim Chi Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of HuHot Mongolian Grill vs Kim Chi 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 | $175,000 - $500,000 |
| Franchise Fee | $40,000 | $30,000 - $40,000 |
| Royalty Fee | 5% | - |
| Advertising Fee | 0.5% | - |
| Year Founded | 1999 | 1979 |
| Year Franchised | 2001 | 2006 |
| 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 | - | - |
| 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 | - | Yes |
| Canada Expansion | No | - |
| International Expansion | No | Yes |
Company Overviews
About HuHot Mongolian Grill
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.
About Kim Chi
Go along with Us. We are continually hoping to grow our system of establishments by improving and offering our clients the most stretched out assortment of flavorful new and top notch items. Turning into a KimChi establishment proprietor implies that you will have admittance to the skill of our exceedingly experienced experts who have made KimChi a first rate well being nourishment idea through the accompanying ranges:
* Delicious and Healthy Recipes
* Training and Operation Support
* Purchasing Power
* Established Advertising and Marketing Strategies
On the off chance that you are occupied with seeking after a KimChi establishment opportunity, please fill out free Franchise Advice Form to the right.