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Below is an in-depth analysis and side-by-side comparison of HuHot Mongolian Grill vs Sukiyaki 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 | - |
Year Franchised | 2001 | - |
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 | Yes |
International Expansion | No | Yes |
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.
Built up in 1988, Sukiyaki has a long-standing convention in serving quick Japanese solace sustenance. Our Teppan-flame broil is our point of convergence - this is the place our most well known teriyaki and yakisoba dishes are newly arranged each day for our clients. Notwithstanding continually advancing with our clients' tastes, our menu now includes well known Japanese road style sustenance, for example, ramen noodles and Japanese curry dishes.
Sukiyaki is an idea made up of savvy, persevering and deferential individuals who realize that great fixings are the way to great sustenance and who are committed to offering their way of life and family conventions to their dependable clients. Our delightfully composed stores, including dim woods and striking red accents, catch the pith of old-world Japan. The pride and custom of the Japanese cooking are reflected in each part of our eatery.
Sukiyaki displays an idea of take out Japanese cooking. The formulas and items are made while regarding the Japanese culinary conventions. The Japanese implication of Sukiyaki, mix of cuts of meat presented with vegetables and sizzled on a cooking table, speaks to the embodiment of our idea. Our menu offers an assortment of noodles and rice presented with meat, chicken, fish or pork and sauteed vegetables. Finish your feast by picking one of our side dishes, which incorporate soups, sushis, and so on. Sukiyaki an exceptional Japanese joy understanding!