Franchise FAQ

how much is a hu hot franchise

by Torrey Steuber DDS Published 1 year ago Updated 1 year ago
image

How much does a HuHot Mongolian Grill franchise cost?

  • Initial Franchise Fee: $40,000
  • Total Investment: $487,000 to $982,000
  • Working Capital: $20,000 to $50,000
  • Royalty Fee: 6.0%

How much does a HuHot Mongolian Grill franchise cost? HuHot Mongolian Grill has a franchise fee of up to $40,000, with a total initial investment range of $487,000 to $982,000.

Full Answer

Who started HuHot?

Linda VapLinda Vap, president and founder of HuHot Mongolian Grill, was a scientist before she got into the restaurant business.

Can you take leftovers home from HuHot?

GRILL MEAL • All grill meals served with steamed rice or tortillas. Enjoy the all-you-can-eat grill meal in-restaurant only. Leftovers cannot be packaged to take home. Please inform your server and cook of any food allergies.

When was HuHot founded?

1999HuHot Mongolian Grill / FoundedHuHot Mongolian Grills, LLC opened its first restaurant in Missoula, MT in 1999. It was a short time later in 2002 that the first franchisee opened a store in Omaha, NE.

Where is the original HuHot?

Missoula, MTWhen HuHot Mongolian Grill first opened in Missoula, MT in 1999 the restaurant was called Mongo's. When we started franchising a few years later, the name was changed to HuHot to avoid any trademark issues.

Does Hu Hot have MSG?

ALL LISTED SAUCES ARE GLUTEN FREE AND MSG FREE.

Does HuHot have orange chicken?

One of our most popular Sauce of the Season selections is making a triumphant return to the sauce line at HuHot: Mongolian Sunburn. Mongolian Sunburn has a medium spice level and adds a sweet citrus tang to your Grill Meal. Try pairing our Breaded Chicken with Mongolian Sunburn for a delicious take on Orange Chicken!

How many HuHot restaurants are there in the United States?

They know both sides of the issues. Although Dan and Linda Vap considered retiring, they instead chose to create the HuHot concept with their son, and opened their first location in Missoula. Today, HuHot has grown to have 37 locations in 14 states, and 11 franchisees.

What is similar to HuHot?

HuHot's competitors and similar companies include International Family Food Services, New York Pizza, TC and Charley's. HuHot is a restaurant operator. International Family Food Services is a restaurant chain operator. New York Pizza is a provider of food and beverage products.

How hot is the grill at HuHot?

That hot grill, by the way, is a 650,000 BTU multi-burner gas griddle weighing 2,200 pounds. The Grill Warriors (cooks) carefully monitor the cooking temperatures to ensure they are maintained between 550° to 750° F. The Dubuque HuHot is owned by Restaurant's Inc. headquartered in Omaha, NE.

Why is it called HuHot?

HuHot had originally opened as "Mongo's" but when the company decided to franchise, they found that name was already trademarked. They chose the name HuHot, from Hohhot, the capital of Inner Mongolia.

What does HuHot do for birthdays?

All HuHot Rewards members receive a BOGO for their birthday. It is deposited in your account the Sunday before (or of) your birthday and is valid for two weeks.

Does HuHot have Apple pay?

What forms of payment are accepted at HuHot Mongolian Grill? HuHot Mongolian Grill accepts credit cards and Apple Pay.

What is the rule for reheating leftovers?

Reheat Leftovers Safely When reheating leftovers, be sure they reach 165° F as measured with a food thermometer. Reheat sauces, soups and gravies by bringing them to a rolling boil. Cover leftovers to reheat. This retains moisture and ensures that food will heat all the way through.

How long can you eat leftovers from a restaurant?

3 to 4 daysLeftovers can be kept for 3 to 4 days in the refrigerator. After that, the risk of food poisoning goes up. If you don't think you'll be able to eat leftovers within four days, freeze them right away.

How long can hot food sit out?

Myth: You shouldn't put hot foods in the refrigerator. Perishable foods should be put in a refrigerator that is 40 degrees or below within 2 hours of preparation. If you leave food out to cool and forget about it after 2 hours, throw it away.

How long can restaurant leftovers stay in the car?

According to food safety experts at H-E-B, perishable food can stay safely unrefrigerated for two hours if the air temperature is under 90 degrees and only for one hour if the temperature is 90 degrees or higher. This is true for foods transported in a car or bag or when you're having a picnic or a barbecue outside.

How much does a HuHot Mongolian Grill franchise make?

As with any business, profits from a HuHot Mongolian Grill franchise depend on a variety of factors. Typically, profits are proportionate to the size of investment. Demand for your products, labor costs, commercial lease rates and a number of other variables also play a huge role in your bottom line. For system-specific data, unlock this franchise .

How many franchise locations do they have?

As of the 2016 Franchise Disclosure Document, there are 40 franchised HuHot Mongolian Grill locations in the USA.

Do they offer Territory Rights?

HuHot Mongolian Grill offers territory protections. For an explanation of territorial rights, unlock this franchise for important details.

When did they begin franchising?

They began franchising in 2001. The average Bar and Grill franchise began franchising in 2009.

What does absentee ownership mean?

Definition: Absentee ownership means that the franchisee does not actively work in the franchise business or manage day-to-day operations.

What is franchising fee?

Definition: An going fee paid to the franchisor on a regular basis to support advertising or marketing efforts.

What is included in the initial investment?

What you need to know: The initial investment includes the franchise fee, along with other startup expenses such as real estate, equipment, supplies, business licenses, and working capital. This is outlined in a chart in Item 7 of the FDD, showing a range of possible costs from low to high.

What is exclusive territory?

Definition: An exclusive territory is a fixed area in which you are given the right to operate and in which no other units of the same franchise may be opened. What you need to know: Territory size may be based on factors such as radius, population size, zip codes, and more. Details can be found in Item 12 of the FDD.

What is Territory Size based on?

What you need to know: Territory size may be based on factors such as radius, population size, zip codes, and more. Details can be found in Item 12 of the FDD.

Where was the first Mongolian restaurant?

The first HuHot Mongolian Grill opened in Missoula, Montana, in 1999, and franchising began in 2002. At HuHot, guests create their own stir fry by choosing from a selection of meats, seafood, noodles, vegetables and sauces, then handing them over to a "grill warrior" to cook in front of them. The menu also features appetizers, soups, salads, and desserts.

Do franchisors have in-house financing?

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

HuHot Mongolian Grill

HuHot is a national create-your-own stir fry concept offering a wide variety of meats, seafood, noodles, fresh veggies, and signature sauces to suit your tastes.

About HuHot Mongolian Grill

HuHot is a national create-your-own stir-fry concept offering a wide variety of meats, seafood, noodles, fresh veggies, and signature sauces to suit your tastes. Select your favorite ingredients then be entertained as your meal is cooked to perfection by our grill warriors on a 6-foot, scorching hot grill.

Franchise History

HuHot Mongolian Grills, LLC opened its first store in Missoula, MT in 1999. It was a short time later in 2002 that the first franchisee opened a store in Omaha, NE. Now, the fastest growing Mongolian grill concept in the United States is moving forward with full force.

Available Franchise Opportunities

While HuHot Mongolian Grill is not currently accepting new applicants on Franchising.com, these other similar opportunities are actively looking for new franchisees.

How many franchise locations do they have?

As of the 2020 Franchise Disclosure Document, there are 84 franchised HOTWORX locations in the USA.

Do they offer Territory Rights?

HOTWORX offers territory protections. For an explanation of territorial rights, unlock this franchise for important details.

How do franchise profits work?

Franchise profits depend on a number of variables, including local demand for your product, labor costs, commercial lease rates and several other factors. Typically, franchise profits are proportionate to the size of investment. We can help you figure out how much money you can make by reviewing your personal situation.

How much does it cost to franchise a HOTWORX?

HOTWORX has a franchise fee of up to $19,950, with a total initial investment range of $188,070 to $351,885. The initial cost of a franchise includes several fees -- Unlock this franchise to better understand the costs such as training and territory fees.

What is franchise grade?

Franchise Grade is dedicated to providing research and education that can help you make confident franchise investment decisions.

What is a veted biz?

A payment from a borrower or deposit-taking financial institution to a lender or depositor of an amount above repayment of the principal sum, at a particular rate. In Vetted Biz, it is typically the additional rate of a loan a business buyer would pay off…

What does clicking the button mean on Vetted Biz?

By clicking the button, you agree to Vetted Biz’s Terms of Use and Privacy Policy and consent to receive notices and other communications electronically.

What is total earnings?

Total earnings received by a business based on the U.S. Income Tax Return. The financial numbers of these earnings depend on the type of business, but can include income, guaranteed payments, compensation, interest, depreciation, elective deferrals, and contributions.For further details on how to calculate earnings…

How much money does HotWorx make in 2020?

Hotworx franchisor revenue in 2018 was $1.3 million and increased to $3.3 million in 2020. The revenue is from franchise fees, and vendor rebates. This shows that their profits are increasing every year this is most likely due to the increase of franchise outlets. But with the increase in revenue caused an increase in expenses which is $2.7 million. With this, they are losing money and there is a deficit each year.

What is the startup period for additional funds?

Additional funds during startup period, such as for first three months, initial operations, and working capital

What to do if playback doesn't begin?

If playback doesn't begin shortly, try restarting your device.

Does HotWorx have franchises?

Hotworx offers franchises where you can own and run your workout studio.

image
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z 1 2 3 4 5 6 7 8 9