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Below is an in-depth analysis and side-by-side comparison of Hongkong Noodle Factory 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 | $1,600 | $332,600 - $680,180 |
Franchise Fee | $1,450 | $30,000 |
Royalty Fee | 0 | 4% |
Advertising Fee | 0 | 2% |
Year Founded | - | 1983 |
Year Franchised | - | 1992 |
Term Of Agreement | 3 years | - |
Term Of Agreement | 3 years | - |
Renewal 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 | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | - | On-the-job training: 50 hours Classroom training: 40 hours |
Support | - | - |
Marketing | - | - |
Operations | - | - |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | - | - |
International Expansion | - | Yes |
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
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.