HuHot Mongolian Grill
Food & Beverage Restaurants (Sit-Down)Company Information
Address
223 E. Main St. Missoula, MT 59802
Website
Tel
Not Available
Email
Franchimp Summary Rating
Higher than 68% of peers
Franchise Summary
Description
The franchisee will engage in the business of owning and operating a sit-down restaurant specializing in Asian-style food cooked on a grill with an upscale but casual ambiance.
Corporate Structure
HuHot Mongolian Grills, L.L.C. is a Montana limited liability company formed on August 30, 2001. The principal place of business of HuHot is 223 East Main Street, Missoula, Montana 59802. Their parent is Mongolian Grill Restaurants, LLC, which was incorporated in Delaware on March 20, 2012.
Investment and Franchisee Fees
The total initial investment for your Traditional Unit HuHot Restaurant ranges from $782,000 to $982,000, including $40,000 you must pay the franchisor. The total initial investment for your Express Unit HuHot Restaurant ranges from $487,000 to $632,000, including $40,000 you must pay the franchisor.
Employee Contact Database
| # | Name | Position | Phone Number | Email Address |
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Distribution of HuHot Mongolian Grill Franchisees
HuHot Mongolian Grill Franchise System Development in 2016
FAQ
How much investment do I need to start my own HuHot Mongolian Grill business?
Franchisees typically require at least $782,000 to $982,000 investment to get their HuHot Mongolian Grill business started
What are the initial franchise fees for HuHot Mongolian Grill?
Franchisees typically need to pay at least $40,000 in fees directly to HuHot Mongolian Grill in order to earn the right to launch their business
How much money can I make with a HuHot Mongolian Grill franchise? What are
the average revenues for a typical HuHot Mongolian Grill business?
We haven’t done the math on how much revenue a typical
HuHot Mongolian Grill brings in each year. We estimate that other
franchisees in the Food & Beverage industry generate
$1,201,697 revenue, so we would expect
HuHot Mongolian Grill to generate a similar amount
How long do I need to commit to running a HuHot Mongolian Grill unit? What
is my contractual commitment?
HuHot Mongolian Grill franchisees are typically required to sign up to a
15 year contract initially. The renewal length
is 5 years. You can of course exit early but
don’t expect to get any refund!
Accessibility
The Franchisor's investment costs ranges from
$568,020 to $2,528,500
which is
Much Higher
than the $0 to $0 average in the Restaurants (Sit-Down) industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc
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