Hokka Hokka Tei vs RetroTax Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Hokka Hokka Tei vs RetroTax including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Hokka Hokka Tei Franchise
RetroTax Franchise
Investment N/A$33,450 - $46,000
Franchise Fee N/A$30,000
Royalty Fee --
Advertising Fee --
Year Founded 1980-
Year Franchised 1980-
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Hokka Hokka Tei Franchise
RetroTax Franchise
Experience - * Single-unit franchisees must live in proximity to the market area that they will service * Possess a minimum net worth of $150K, with $45K in liquidity * Strong interpersonal skills and/or sales experience at the C-level a strong plus

Financing Options

 
Hokka Hokka Tei Franchise
RetroTax 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

 
Hokka Hokka Tei Franchise
RetroTax Franchise
Training -Initial Training consists of a combined 40 hours of classroom and in-field training. You'll learn the features and benefits of various tax credit programs, become familiar with our internal operations, and train with experienced field personnel.
Support -Ongoing Support is provided to all franchisees. Our primary goal is to help you build your client base and become better every day, as a successful RetroTax franchisee.
Marketing --
Operations --

Expansion Plans

 
Hokka Hokka Tei Franchise
RetroTax Franchise
US Expansion --
Canada Expansion --
International Expansion --

Company Overviews

About Hokka Hokka Tei

Hokka Hokka Tei -("Hot Hot Shop"?) is a bento take-out chain with over 2,000 franchises and company-owned branches throughout Japan. It offers a variety of dishes, generally over rice, at relatively low price. Unlike competitors such as Yoshinoya beef-bowl and the various cheap curry establishments, there are no chairs or counters for inside-dining.

Hokka Hokka Tei is the major brand name of Plenus Co., Ltd., which changed industries to the food industry in 1980.

Plenus entered the food business in 1980.
We have maintained the "customer first" credo since our founding, and have taken it upon ourselves to think from the customer's point of view and respect the customer's feelings in operating our business of offering freshly prepared enjoyable food.

Through our main business brand "Hotto Motto", a bento takeout meals chain, and "Yayoiken", a Japanese set-menu restaurant chain, we promise to fulfill our goal of bringing plenty more contentment - values that inspired the company name - to everyday life. We will bring even greater satisfaction to people throughout Japan and the world.

Plenus will keep its eyes on the future of society, and will continue challenging itself to bring satisfaction, smiles and delight to a great many people through its commitment to the local community, the environment, health and good eating.


About RetroTax

Established in 1996, RetroTax® helps businesses navigate complex legislation associated with finding and securing federal and state tax credits. These tax credits can be based on geographic regions in which your business operates, or on the demographic characteristics of your employees. In addition to finding and acting upon current and retroactive program eligibility, RetroTax® helps businesses establish policies and practices to create greater opportunities for receiving additional tax credits in the future.
RetroTax is a full service administrator of federal and state incentive programs. These programs generate federal and state income tax credits that offset federal and state income tax liability. RetroTax uses a state-of-the-art proprietary software program to process your company's information to obtain federal and state tax credits.