Taco John's vs Hongkong Noodle Factory Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Taco John's vs Hongkong Noodle Factory including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Taco John's Franchise
Hongkong Noodle Factory Franchise
Investment $475,000 - $1,599,000$1,600
Franchise Fee $25,000$1,450
Royalty Fee 5%0
Advertising Fee 4%0
Year Founded 1968-
Year Franchised 1969-
Term Of Agreement 20 years+10+10+103 years
Term Of Agreement 20 years+10+10+103 years
Renewal Fee --


Business Experience Requirements
 
Taco John's Franchise
Hongkong Noodle Factory Franchise
Experience
  • Industry experience
  • General business experience
    		• -

    Financing Options
     
    Taco John's Franchise
    Hongkong Noodle Factory Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/Yes-/-
    Start-up Costs No/Yes-/-
    Equipment No/Yes-/-
    Inventory No/Yes-/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support
     
    Taco John's Franchise
    Hongkong Noodle Factory Franchise
    Training --
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives-
    Marketing Co-op advertising, Ad slicks-
    Operations 37% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 15

    Absentee ownership of franchise is allowed. (75% of current franchisees are owner/operators)

    		-

    Expansion Plans
     
    Taco John's Franchise
    Hongkong Noodle Factory Franchise
    US Expansion Yes-
    Canada Expansion No-
    International Expansion No-

    Company Overviews

    About Taco John's

    The story of Taco John's sounds more like a legend than the history of a business. In Cheyenne, Wyoming, a man named Juan opened a tiny taco house, serving uniquely seasoned and generously sized tacos and burritos. An immediate hit with the locals, the taco house was quickly purchased by local businessmen Harold Holmes and Jim Woodson in 1969. Renamed Taco John's, it began selling franchises right away and now has restaurants across America. The privately held company is still based in Cheyenne.

    "Entrepreneur

    #115 in Franchise 500 for 2020.
    #315 in Franchise 500 for 2021.


    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