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Below is an in-depth analysis and side-by-side comparison of Hokka Hokka Tei vs Relocation Strategies including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | N/A | $62,500 - $88,200 |
Franchise Fee | N/A | $52,000 - $68,000 |
Royalty Fee | - | 3%-6% |
Advertising Fee | - | - |
Year Founded | 1980 | 1993 |
Year Franchised | 1980 | 2001 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | Yes/Yes |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | - | On-The-Job Training: 50 hours Classroom Training: 50 hours Additional Training: At client/prospect offices |
Support | - | Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform |
Marketing | - | Co-op Advertising Ad Templates National Media Regional Advertising Social media Website development Email marketing |
Operations | - | Number of Employees Required to Run: 2 - 5 |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | - | - |
International Expansion | - | - |
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.
If you’re not just looking for another quick-serve restaurant or home repair business model, then Relocation Strategies could be the franchise for you! Relocation Strategies has worked with more Fortune 500 companies than any other independent project consulting firm in the United States!
Relocation Strategies was founded in 1994 to provide corporate
entities and privately owned businesses with a viable option to manage
and coordinate the immense task of relocation of office, industrial,
medical and manufacturing locations. Our business model has proven
successful and necessary time and time again for companies both large
and small.
RSI’s service offerings have taken our business not only all over the
country, but also around the world to provide quality move management
and relocation consulting services. Therefore, Relocation Strategies has developed a
network of franchise locations to better serve the needs of the local
corporations and businesses across multiple territories. Our goal is to
continue to build a strong family of franchise locations that will
provide bilateral support and referrals in order to corner this
incredibly profitable and niche market, which as of today is virtually untapped!
As a new franchisee, you’ll not only be the owner of your own
business with tremendous potential, but you will also be part of the
national Relocation Strategies network; providing revenue opportunities across the United
States. You are affiliating yourself with a successful business with a
long standing history and strong service reputation. Additionally, you
will share the following advantages: