|
Below is an in-depth analysis and side-by-side comparison of Ho-Lee-Chow vs Teriyaki Madness including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $75,000 - $175,000 | $322,755,862,435 |
Franchise Fee | $25,000 | $45,000 |
Royalty Fee | 6% | 6% |
Advertising Fee | 3% | 3% |
Year Founded | 1989 | 2003 |
Year Franchised | 1989 | 2005 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | 10% of franchise fee |
Business Experience Requirements |
||
Experience | - | - |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/Yes |
Start-up Costs | -/- | -/Yes |
Equipment | -/- | -/Yes |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
||
Training | - | On-the-job training: 195 hours Classroom training: 50.5 hours |
Support | - | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform |
Marketing | - | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
Operations | - | Number of Employees Required to Run: 10 |
Expansion Plans |
||
US Expansion | - | Yes |
Canada Expansion | No | - |
International Expansion | No | Yes |
The Ho-Lee Chow concept capitalizes on the quick-food service industry. They cater to the North American love of Chinese food with a quality product and impeccable standards of preparation and delivery. It is fresh, attractive, delicious and healthful, low in additivies and free of MSG. Prepared and delivered hot, fast and fresh to home or office. The Ho-Lee-Chow� concept is based upon applying proven franchise principles to Chinese Food - the last frontier of Quick-Service restaurants. Until Ho-Lee-Chow� was conceived, consumers just couldn't find Chinese Food with the quality, service, value and cleanliness that they have come to expect from other quick service providers, such as hamburgers, subs, pizza and chicken. People want more variety now. Their lifestyles still make convenient quick service food a necessity, but they want a break from the basic fare. The ethnic food sector is booming, and Chinese Food is a favorite.
Teriyaki Madness is a fast-casual Asian inspired restaurant serving exceptional Teriyaki cuisine in a fun and relaxed atmosphere. Our menu offers an assortment of high quality meats grilled to perfection with our signature sauces, plus a variety of other popular Asian entrees and delicious side dishes.