HuHot Mongolian Grill vs Yeung's Lotus Express Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of HuHot Mongolian Grill vs Yeung's Lotus Express including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
HuHot Mongolian Grill Franchise
Yeung's Lotus Express Franchise
Investment $984,000 - $1,219,000$230,500 - $496,000
Franchise Fee $40,000$30,000
Royalty Fee 5%-
Advertising Fee 0.5%-
Year Founded 19991987
Year Franchised 20011987
Term Of Agreement 15 years-
Term Of Agreement 15 years-
Renewal Fee --


Business Experience Requirements

 
HuHot Mongolian Grill Franchise
Yeung's Lotus Express Franchise
Experience

# Have a proven track record of business ownership & restaurant ownership that can contribute to the development of our brand

# Have local knowledge and expertise in the areas of consumer preferences, real estate, government regulations, labor, and distribution issues in the area in which you'll be franchising

# Have access to adequate capital

# Philosophically aligned

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Financing Options

 
HuHot Mongolian Grill Franchise
Yeung's Lotus Express Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/No-/-
Start-up Costs No/No-/-
Equipment No/No-/-
Inventory No/No-/-
Receivables No/No-/-
Payroll No/No-/-

Training & Support

 
HuHot Mongolian Grill Franchise
Yeung's Lotus Express Franchise
Training --
Support Grand opening, Internet, Security/safety procedures, Field operations/evaluations-
Marketing Co-op advertising, Ad slicks, Regional advertising-
Operations 50% of all franchisees own more than one unit

Number of employees needed to run franchised unit: 50

Absentee ownership of franchise is allowed. (50% of current franchisees are owner/operators)

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Expansion Plans

 
HuHot Mongolian Grill Franchise
Yeung's Lotus Express Franchise
US Expansion --
Canada Expansion No-
International Expansion No-

Company Overviews

About HuHot Mongolian Grill

HuHot Mongolian Grills, L.L.C. started with a Mongolian BBQ grill called Mongos Mongolian Grill in Missoula, Montana in June 1999. Since then, the concept has proven to be very successful and the company plans to rapidly expand. The name HuHot (the ancient capital of inner-Mongolia) was chosen for future and franchised restaurants. It’s trampling old notions of full-service dining. Warming lamps and steam tables lie smashed in its wake. At HuHot, diners customize their own meals by choosing from dozens of fresh vegetables, meats, noodles and sauces.

About Yeung's Lotus Express

Yeung's Lotus Express was developed from the Kelly Yeung's many years of experience in the full line restaurant industry. His vision was to offer the quality and service of his full-line restaurants at the price and speed of quick-service restaurants. The first Yeung's Lotus Express was opened in Miami's Bayside Market Place, overlooking Biscayne Bay. The grand opening was such a success that Kelly decided to leave the full-line restaurant business and grow Yeung's Lotus Express. There are now currently over 40 Yeung's Lotus Express restaurants operating as company owned, partnership, and franchise restaurants.