| ||||
Updated RecentlyHongkong Noodle Factory vs b.good Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Hongkong Noodle Factory vs b.good including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $1,600 | $545,000 - $951,000 |
| Franchise Fee | $1,450 | $40,000 |
| Royalty Fee | 0 | 5% |
| Advertising Fee | 0 | 1.5% |
| Year Founded | - | 2004 |
| Year Franchised | - | 2012 |
| Term Of Agreement | 3 years | - |
| Term Of Agreement | 3 years | - |
| Renewal Fee | - | - |
Business Experience Requirements |
||
| Experience | - | - |
Financing Options |
||
| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | -/- |
| Start-up Costs | -/- | -/- |
| Equipment | -/- | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
||
| Training | - | On-The-Job Training: 146 hours Classroom Training: 40 hours |
| Support | - | Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | - | Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | - | Number of Employees Required to Run: 16 |
Expansion Plans |
||
| US Expansion | - | Yes |
| Canada Expansion | - | - |
| International Expansion | - | - |
Company Overviews
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
About b.good
The idea came from the company’s founders: two best friends who grew up eating wholesome, flavorful, good-for-you food, lovingly cooked in their uncle’s kitchen. It was comfort food made with farm-fresh ingredients that left you feeling good inside and out (and long after you licked your plate). The same kind of food B.GOOD happily serves today.
B.GOOD's first location was in Boston, MA. But it didn’t take long for our roots to spread throughout the city (then the Greater Boston area, Rhode Island, Connecticut, New Hampshire and Maine!) - bringing homemade, hearty meals to whomever had an appetite for great taste and good vibes.
Today, B.GOOD is still serving up wholesome, honest food that makes people feel GOOD all across New England. We work with more farmers, bakers and growers than ever. We serve a whole lot more than just burgers and can cater and deliver it right to your doorstep.
B.GOOD first launched in 2004 with the premise of bringing clean, natural and locally sourced food to everyone.We call it FOOD WITH ROOTS. It’s food with heritage and origin, homemade, shared with family and friends and grown by communities. Our mission has allowed us to be one of the fastest growing brands in the industry! We currently have 60+ locations in the United States, Canada, Germany and Switzerland and expected to reach 70+ locations by 2018.
Seeking new franchise units throughout the U.S., Eastern Europe and Western Europe.