- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$273K - $553K
- Units as of 2021
-
63 0.0% over 3 years
Pho Hoa was founded in 1983 in Sacramento, California. The main goal of Pho Hoa is to give customers easy access to delicious Vietnamese cuisine.
Pho Hoa may offer Vietnamese rolls, pho bowls, vermicelli, and rice dishes. Pho Hoa also strives to create an atmosphere where customers can come together and visit each other while enjoying tasty, wholesome food.
Pho Hoa began franchising in 1992 and has since opened locations in both the United States and overseas.
Why You May Want To Start a Pho Hoa Franchise
The ideal Pho Hoa franchisee generally needs to have previous experience in the food service, retail, or management industry. Franchisees may also need to demonstrate a willingness to participate in local marketing and community events.
Pho Hoa franchisees need to show that they are willing to dedicate their time to helping their franchise operate seamlessly. Franchisees may need proven leadership skills to create a high-performing team while having exceptional organizational skills.
Pho Hoa has been ranked in Entrepreneur’s Franchise 500. This ranking is based on an evaluation of more than 150 data points in the areas of costs and fees, size and growth, franchisee support, brand strength, and financial strength and stability.
What Might Make a Pho Hoa Franchise a Good Choice?
Pho Hoa understands that not all franchises are the same. Franchisees are allowed to choose from three different franchise models: a standalone location, co-branded model, and multi-unit franchise.
A standalone model allows the franchisee to open a single Pho Hoa franchise.
A co-branded model allows the franchisee to open a Pho Hoa and Jazen Tea location. This model may give franchisees additional means to succeed.
A multi-unit franchise allows franchisees to open more than one Pho Hoa franchise and have a protected territorial right. There may be additional requirements to qualify for a multi-unit franchise.
To be part of the Pho Hoa team, you should make sure you’re financially ready for an initial investment made up of a franchise fee and other startup costs. In addition, you should prepare yourself for ongoing fees that will include advertising, royalty, and potential renewal fees. Franchisees will also need to meet the company’s set net worth and liquid capital requirements.
How to Open a Pho Hoa Franchise
As you decide if opening a Pho Hoa franchise is the right move for you, make sure you take time to explore the opportunity. Research the brand and your local area to see if a Pho Hoa franchise would do well in your community. While competition is healthy, too much of it may not allow for the most possible growth.
Before making any financial commitment or signing an agreement, you must perform your due diligence and establish if this is the right opportunity for you. As part of your due diligence, you may want to speak to existing franchisees and ask the Pho Hoa franchising team questions.
If a franchise is awarded, Pho Hoa franchisees will receive support for marketing and operations. Franchisees will receive help with preparing staff for the franchise’s opening day, too. After their Pho Hoa opening, franchisees will have access to support.
Company Overview
About Pho Hoa
| Industry | Food |
|---|---|
| Related Categories | Asian Food, Miscellaneous Quick-Service Restaurants |
| Founded | 1983 |
| Parent Company | Aureflam Corp. |
| Leadership | Quoc Phan, CEO |
| Corporate Address |
1420 Fulton Ave., #B Sacramento, CA 95825 |
| Social | Facebook, Twitter, Instagram |
Business Overview
| Franchising Since | 1992 (32 years) |
|---|---|
| # of employees at HQ | 8 |
| Where seeking |
This company is offering new franchises throughout the US. This company is offering new franchises worldwide. |
| # of Units | 63 (as of 2021) |
|
|
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Pho Hoa franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
|
Initial Franchise Fee
|
$30,000 |
|---|---|
|
Initial Investment
|
$272,600 - $553,380 |
|
Net Worth Requirement
|
$250,000 |
|
Cash Requirement
|
$100,000 |
|
Veteran Incentives
|
10% off franchise fee |
|
Royalty Fee
|
4% |
|
Ad Royalty Fee
|
2% |
|
Term of Agreement
|
5 years |
| Is franchise term renewable? | Yes |
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
| Third Party Financing | Pho Hoa has relationships with third-party sources which offer financing to cover the following: startup costs, equipment, inventory, accounts receivable, payroll |
|---|
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
| On-The-Job Training | 112 hours |
|---|---|
| Ongoing Support |
Purchasing Co-ops
Newsletter
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
|
| Marketing Support |
Ad Templates
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App
|
Operations
Additional details about running this franchise.
| Is absentee ownership allowed? | No |
|---|---|
|
Can this franchise be run from home/mobile unit?
|
No |
|
Can this franchise be run part time?
|
No |
|
Are exclusive territories available?
|
Yes |
Franchise 500 Ranking History
Compare where Pho Hoa landed on this year's Franchise 500 Ranking versus previous years.
Additional Rankings
Curious to know where Pho Hoa ranked on other franchise lists? Find out below.
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