HuHot Mongolian Grill

Mongolian grill restaurant

Background

Founded: 1999 Franchising since: 2002

223 E. Main St.
Missoula, Montana 59802

Phone:
(406)251-4303

Franchisor is a privately-held company with 6 employee(s); 4 employee(s) in franchise department.

Franchise Growth

Year	U.S. Franchises	Canadian Franchises	Foreign Franchises	Company Owned
2009	30	0	0	4
2008	--	--	--	--
2007	--	--	--	--
2006	--	--	--	--
2005	10	0	0	3

Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming
Worldwide

Exclusive territories available.
Territory size: Negotiable

Costs and Fees

Total investment: $750K-1M
Franchise fee: $35K

Ongoing royalty fee: 5%
Term of agreement: 15 years, renewable

Type of Financing Available

	In-House	Third Party
Franchise Fee	No	No
Startup Costs	No	No
Equipment	No	No
Inventory	No	No
Accounts Receivable	No	No
Payroll	No	No

Qualifications
Net worth requirement: $1.5M
Cash liquidity requirement: $200K
Business Experience:

General business experience

Operations

50% of all franchisees own more than one unit
Number of employees needed to run franchised unit: 50
Absentee ownership of franchise is allowed. (50% of current franchisees are owner/operators)