HuHot Mongolian Grill vs Bann Thai Franchise Comparison

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

Start-Up Costs and Fees

 
HuHot Mongolian Grill Franchise
Bann Thai Franchise
Investment $984,000 - $1,219,000$224,000 - $603,000
Franchise Fee $40,000$30,000
Royalty Fee 5%5%
Advertising Fee 0.5%-
Year Founded 19992010
Year Franchised 20012013
Term Of Agreement 15 years10 years
Term Of Agreement 15 years10 years
Renewal Fee --


Business Experience Requirements

 
HuHot Mongolian Grill Franchise
Bann Thai 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

DRIVER Has written and actionable goals Focus on the end result, regardless of the amount of time it takes to get there. Plan and act towards desired goals better than current circumstance Focus on what is going right, regardless of what is going wrong If this sounds like you, we are looking for you.


Financing Options

 
HuHot Mongolian Grill Franchise
Bann Thai 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
Bann Thai 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)

-

Expansion Plans

 
HuHot Mongolian Grill Franchise
Bann Thai Franchise
US Expansion -Yes
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 Bann Thai

NO LONGER FRANCHISING