Moe's Southwest Grill vs Hongkong Noodle Factory Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Moe's Southwest Grill vs Hongkong Noodle Factory including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Moe's Southwest Grill Franchise
Hongkong Noodle Factory Franchise
Investment $457,400 - $911,500$1,600
Franchise Fee $30,000$1,450
Royalty Fee 5%0
Advertising Fee 2%0
Year Founded 2000-
Year Franchised 2001-
Term Of Agreement 20 years3 years
Term Of Agreement 20 years3 years
Renewal Fee Then-current franchise fee-


Business Experience Requirements
 
Moe's Southwest Grill Franchise
Hongkong Noodle Factory Franchise
Experience
  • Industry experience
  • General business experience
  • Marketing skills
  • Excellent attention to detail
    		• -

    Financing Options
     
    Moe's Southwest Grill Franchise
    Hongkong Noodle Factory Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/Yes-/-
    Start-up Costs No/Yes-/-
    Equipment No/Yes-/-
    Inventory No/Yes-/-
    Receivables No/Yes-/-
    Payroll No/Yes-/-

    Training & Support
     
    Moe's Southwest Grill Franchise
    Hongkong Noodle Factory Franchise
    Training On-The-Job Training 125 hours Classroom Training: 22.6 hours -
    Support Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform -
    Marketing Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app -
    Operations 65% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 15

    Absentee ownership of franchise is allowed. (80% of current franchisees are owner/operators)

    		-

    Expansion Plans
     
    Moe's Southwest Grill Franchise
    Hongkong Noodle Factory Franchise
    US Expansion Yes-
    Canada Expansion No-
    International Expansion Yes-

    Company Overviews

    About Moe's Southwest Grill

    In December of 2000 in Atlanta, Ga. a handful of local entrepreneurs created Moe's Southwest Grill in the spirit of not-taking-yourself-too-seriously with menu names like the Homewrecker burrito, Closetalker salad and the Billy Barou nachos as well as a store design that includes abstract artwork with tongue-in-cheek sayings. Maybe it's the personal experience that keeps people coming back for more. Maybe it's the huge selection of customizable Southwest favorites. Or maybe it's the laid-back vibe and signature "Welcome to Moe's" greeting our customers hear each time they walk through the door. Regardless of the reason behind the popularity of the brand, it works - and now, after being purchased by FOCUS Brands, Inc., in August 2007, Moe's has more than 370 locations across the country with plans to grow domestically and internationally. As a testament to the wild popularity of the brand, Moe's was named the #1 fast-casual chain based on change in system-wide sales by QSR magazine and the #2 fast-casual chain under 300 units in 2006. When you join the Moe's franchisee family, you'll be working with passionate, experienced professionals who have extensive brand-building, development and operational experience in all functions of the foodservice industry. We're dedicated to the success of your franchise, and are committed to providing you with world-class support and service based on respect and trust.
    Join Moe's-- owning your own restaurant doesn't have to just be a dream.
    Veteran Incentives  $10,000 off franchise fee

    "Entrepreneur
    #362 in Franchise 500 for 2020.
    #191 in Franchise 500 for 2021
    .


    About Hongkong Noodle Factory

    E-Concept Business Consultancy, Inc. would like to extend our warmest welcome to you, our dear visitor! We here at E-Concept value 'People' and 'Service' as our most valuable asset. With a mix of western and eastern culture we come up with innovative solutions to cater for the ever changing Asian market. We provide franchise development and selling service for interested entrepreneur. Geared towards versatile and effective operation for positive profit potential. Also we have Marketing and Management Consultancy services for small and medium scale business who in turn need a good efficient system to integrate with their current operations. Franchise Package includes * Use of Name * Transfer Of Technology * Business System * Marketing Support * Pre Opening Assistance * Grand Opening * Post Opening * Recruitment and training of Crew * Orientation of Franchisee * Site Assistance * Permit Assistance * Free delivery of stocks within Metro Manila Item Setup 1. Outdoor Cart - Free 2. Operating Equipment & Utensils: * (1)Gulaman Container * (1)Super Kalan * (1)Showcase Cabinet * Frying Pan * Complete Set of Kitchen & Operating Utensils * (2)Set of uniform * NOTE: (1)Chest type freezer just add Php 5,000 3. Initial inventory worth Php 2,000