Hokka Hokka Tei vs Above the Standard Franchise Comparison

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

Start-Up Costs and Fees

 
Hokka Hokka Tei Franchise
Above the Standard Franchise
Investment N/A$61,400 - $73,900
Franchise Fee N/A$49,900
Royalty Fee -15%
Advertising Fee --
Year Founded 19801981
Year Franchised 19802010
Term Of Agreement -10 years
Term Of Agreement -10 years
Renewal Fee --


Business Experience Requirements

 
Hokka Hokka Tei Franchise
Above the Standard Franchise
Experience --

Financing Options

 
Hokka Hokka Tei Franchise
Above the Standard Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
Hokka Hokka Tei Franchise
Above the Standard Franchise
Training --
Support --
Marketing --
Operations -

Franchise can be run from home. Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators).


Expansion Plans

 
Hokka Hokka Tei Franchise
Above the Standard 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 Above the Standard

*Procurement/sourcing expertise *Purchasing and management staff training *Procurement outsourcing for all or part of your purchasing department *Finance and Administrative Services *Business growth *Reduce costs and increase quality *Centralize procurement *Provide needed products or services *Build new markets in your company *Provide Just-In-Time Inventory (JIT) *Increase supply chain efficiency *Retain best value and remain competitive *Compliance *Supplier performance improvement *Support day-to-day buying activity *Policy/Procedure creation, implementation, validation *Transaction automation and processing *Bring focus to core competencies. *Develop strong end-user to provider relationship *Lower procurement related labor costs *Improve overall procurement performance *Provide greater control, reporting, and supplier compliance *Organization and internal cost performance *Data for benchmark analysis, goals, and results *Procurement personnel training *Procurement department creation and implementation