HuHot Mongolian Grills
Mongolian grill restaurants

HuHot Mongolian Grills
Mongolian grill restaurants

About
Founded

1999

Franchising Since

2002 (18 Years)

Corporate Address

223 E. Main St.
Missoula, MT 59802

Leadership

Andy Vap, CEO

Financial Requirements
Initial Investment

$984,000 - $1,219,000

Net-worth Requirement

$1,000,000

Liquid Cash Requirement

$300,000 - $500,000

Ongoing Fees
Initial Franchise Fee

$40,000 - $40,000

Ongoing Royalty Fee

5%

Ad Royalty Fee

0.5%

Financing Options

HuHot Mongolian Grills has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

Support Options
Ongoing Support

Newsletter

Meetings/Conventions

Grand Opening

Online Support

Security/Safety Procedures

Field Operations

Site Selection

Franchisee Intranet Platform

Marketing Support

Ad Templates

Social media

SEO

Website development

Email marketing

Loyalty program/app

On-The-Job Training:

205 hours

Classroom Training:

20 hours

Absentee Ownership Allowed
Number of Employees Required to Run:

50

Bio
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.
Cost
Initial Investment: Low - $984,000 High - $1,219,000
Units
-4.5%-3 UNITS (1 Year) +10.3%+6 UNITS (3 Years)

Units (Locations)

Where Seeking Franchisees:

Franchisor is seeking new franchise units throughout the U.S.

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.
Updated: October 4th, 2019