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Below is an in-depth analysis and side-by-side comparison of Papa's Pizza To-Go vs Pho Hoa including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $138,950 - $386,800 | $332,600 - $680,180 |
Franchise Fee | $9,500 | $30,000 |
Royalty Fee | 5% | 4% |
Advertising Fee | - | 2% |
Year Founded | 1987 | 1983 |
Year Franchised | 1990 | 1992 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | 20% of franchise fee | |
Business Experience Requirements |
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Experience | - | |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | - | On-the-job training: 50 hours Classroom training: 40 hours |
Support | Newsletter, Meetings, Grand opening, Security/safety procedures, Field operations/evaluations | - |
Marketing | Co-op advertising, Ad slicks, Regional advertising | - |
Operations |
15% of all franchisees own more than one unit Number of employees needed to run franchised unit: 15 Absentee ownership of franchise is allowed. (77% of current franchisees are owner/operators) | - |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | No | - |
International Expansion | No | Yes |
Established in 1983 in California, Pho Hoa Noodle Soup offers a
simple and proven business model. As a franchisee, you will be provided
with the training tools, international brand
strength, and ongoing marketing and operational support needed from
beginning through your entire business ownership.
Why Pho Hoa Noodle Soup?
The balance of providing Vietnamese culinary tradition and what is
becoming a mainstream cuisine is what makes Pho Hoa Noodles Soup a great
business decision. In addition to three decades of
experience and international brand recognition, Pho Hoa Noodle Soup
serves quality, consistent and superior, healthy products that are in
tune with the times. With more people realizing the
importance of living a healthier lifestyle, they've modernized how
they prepare their soups while sticking to important traditional
Vietnamese flavors.
Pho Hoa Noodle Soup is the only Vietnamese cuisine franchise outside
of Asia. Their innovation and ability to adapt to financial and social
times has ranked them the top 400 largest American
restaurant chains. With low start-up costs, simple and flexible
operations, they provide an appetizing business opportunity.