HuHot Mongolian Grill vs Teriyaki Experience Canada Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of HuHot Mongolian Grill vs Teriyaki Experience Canada including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
HuHot Mongolian Grill Franchise
Teriyaki Experience Canada Franchise
Investment $984,000 - $1,219,000$265,000 - $380,000
Franchise Fee $40,000$30,000
Royalty Fee 5%6%
Advertising Fee 0.5%3%
Year Founded 1999-
Year Franchised 2001-
Term Of Agreement 15 years-
Term Of Agreement 15 years-
Renewal Fee --


Business Experience Requirements
 
HuHot Mongolian Grill Franchise
Teriyaki Experience Canada Franchise
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

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Financing Options
 
HuHot Mongolian Grill Franchise
Teriyaki Experience Canada Franchise
  In-House/3rd PartyIn-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
 
HuHot Mongolian Grill Franchise
Teriyaki Experience Canada Franchise
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)

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Expansion Plans
 
HuHot Mongolian Grill Franchise
Teriyaki Experience Canada Franchise
US Expansion --
Canada Expansion No-
International Expansion No-

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 Teriyaki Experience Canada

Since 1986, Teriyaki Experience has been delivering fast, fresh and healthy Asian-inspired fast food to fulfill guests’ taste for great flavours and fast service. Recognized as the healthy alternative to traditional fast food, we’ve built a unique concept around the teppanyaki grill where meals are prepared right before guests’ eyes. A complete line of flavourful, Asian-inspired secret sauces top our rice and noodle meals.
Get in on the growing trend toward fast, fresh, healthy Asian-inspired food. The Teriyaki Experience franchise concept is a sizzling hot opportunity that serves up what consumers are looking for.Teriyaki Experience enjoys top of mind recognition and hits the mark with the growing popularity of healthy eating in the fast food arena. Here's what we offer: * Turnkey operation * Branded store design * Proven operating system * Extensive training program * Ongoing operational support * Comprehensive marketing support * Chain strength of over 100 locations * Freshly prepared, delicious and nutritious menu offerings with wide market appeal * Locations across Canada, Europe and the Middle East