#486
At a Glance
Products & Services: Mongolian grill restaurant
Number of Locations: 38
Total Investment: $782K - 982K
Founded: 1999
Began Franchising: 2002
Private Owned
Franchise Units
| Year | U.S. | Canadian | International | Company Owned |
| 2011 | 32 | 0 | 0 | 6 |
| 2010 | 28 | 0 | 0 | 5 |
| 2009 | 30 | 0 | 0 | 4 |
Where Seeking Franchisees: Franchisor is seeking new franchise units worldwide.
Startup Costs, Ongoing Fees and Financing
Total Investment: $782,000 - $982,000
Franchise Fee: $35,000
Ongoing Royalty Fee: 5%
Term of Franchise Agreement: 15 years, renewable
Franchise Fee: $35,000
Ongoing Royalty Fee: 5%
Term of Franchise Agreement: 15 years, renewable
Financial Requirements
Net Worth: $1,500,000
Liquid Cash Available: $200,000
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).| Financing Type | In-House | Third Party |
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How This Franchise Supports Franchisees
Training: Available at headquarters: 3 weeks. At franchisee's location: Varies.
Ongoing Support: Grand opening, Internet, Security/safety procedures, Field operations/evaluations,
Marketing Support: Co-op advertising, Ad slicks, Regional advertising,
Franchise Ranking History
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