CRAVE vs Hongkong Noodle Factory Franchise Comparison

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

Start-Up Costs and Fees

 
CRAVE Franchise
Hongkong Noodle Factory Franchise
Investment $157,900 - $453,500$1,600
Franchise Fee $35,000$1,450
Royalty Fee 6%0
Advertising Fee 2%0
Year Founded 2018-
Year Franchised 2018-
Term Of Agreement -3 years
Term Of Agreement -3 years
Renewal Fee --


Business Experience Requirements

 
CRAVE Franchise
Hongkong Noodle Factory Franchise
Experience $100,000 Liquid Capital-

Financing Options

 
CRAVE Franchise
Hongkong Noodle Factory Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
CRAVE Franchise
Hongkong Noodle Factory Franchise
Training Ongoing Training Programs-
Support Real Estate Assistance Marketing Assistance Operational Support Systems in Place-
Marketing --
Operations --

Expansion Plans

 
CRAVE Franchise
Hongkong Noodle Factory Franchise
US Expansion --
Canada Expansion --
International Expansion --

Company Overviews

About CRAVE

Crave began in 2018 and are unique and trendy fast casual BBQ and Hot Dog Joints, that offer BBQ sandwiches and sliders along with 100% All Beef Hot Dogs, Brats and Sausages grilled to perfection. You can top it anyway you like, with our array of toppings and of course add one of our delicious sides, such as baked fries or coleslaw. Crave also features a Self Serve Beer Wall! Customers can choose from the many beer options, as well as wine and cider. As much or little as you choose, it’s up to YOU! 

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