Single Store
1-Unit (License Fee)
Multi-Unit
3-Units (License Fee)
Regional
5-Unit (License Fee)
General Information
Financial Requirements:
- $200,000 (USD) in liquid assets
- $350,000 (USD) in net worth
Fees:
- Initial Franchise Fee: $30,000 (USD) / unit
- Royalty Fee: 4% (Gross Sales)
- Marketing Fee: $500 (Monthly)
Terms:
- Initial Term – 5 operating years from the opening date of the Phở Hòa® restaurant.
- Renewal Options – two consecutive 5-year terms.
If you are attracted to the concept of Pho Hoa and the chance to invest in a successful business at the forefront of its industry. Pho Hoa provides the opportunity for owning single to multiple units. The expected total cost for a restaurant franchise varies from $391,100 to $759,180*.
Please see *Item 7 of the Franchise Disclosure Document for a comprehensive breakdown of these costs:
|
LOW |
HIGH |
|
|
Initial Franchisee Fee |
$30,000 |
$30,000 |
|
Initial Training Program |
$3,000 |
$9,650 |
|
Real Estate Costs Payable Before Opening |
$28,750 |
$113,850 |
|
Real Estate Costs Payable After Opening |
$17,250 |
$37,950 |
|
Leasehold Improvements |
$115,000 |
$225,000 |
|
Equipment, Furniture and Signs |
$109,000 |
$171,000 |
|
Point of Sale System |
$8,600 |
$14,730 |
|
Opening Inventory |
$15,000 |
$20,000 |
|
Tableware, Smallware, Supplies and Uniforms |
$8,500 |
$14,000 |
|
Professional Fees |
$15,000 |
$35,000 |
|
Other Security Deposits and Pre-Paid Expenses |
$9,000 |
$11,000 |
|
Grand Opening |
$2,000 |
$2,000 |
|
Additional Operation Funds |
$30,000 |
$45,000 |
|
Total |
$391,100 |
$759,180 |
How do I get started on owning a franchise?
Please complete an inquiry form and a Franchise Development Manager will contact you shortly.
Are all of your locations franchise owned?
No, we have corporate owned locations as well as franchise owners, like you.
I do not have any business or franchising experience. Do I qualify to own a franchise?
Although it helps to have business experience, it is not necessary. With our proven operational system and helpful staff, we will provide you the training and ongoing operational and marketing support needed to run your business.
I am not Vietnamese and my community does not have a large Vietnamese population. Is this franchise right for me and my community?
We warmly welcome any person who has the drive and passion to be their own boss regardless of their background.
Can I choose my own location for my Pho Hoa Noodle Soup franchise?
Yes! We will work with you to find the best location that is suited for you and your business.
Franchising Process
- Once you apply for a franchise (APPLY NOW)
- We will start with a conversation to confirm we’re a great fit for each other
- We will answer any questions or concerns you may have about Pho Hoa Franchisee
- Finally, if you want to proceed, we set up a secondary call
- Review and ask questions about the Franchise Disclosure Document (FDD)
- We’ll discuss how much it will cost to build and how you’ll build your revenue
- We will explain the responsibilities of the franchisor and franchise owner
- Visit one of the locations to try our food and see it in action
- Talk directly with owners to get a personal perspective on what it takes to be an owner
- Meet face to face with executive staff
- You’ve tried our food, talked with owners and saw in action, the next step to become a new franchise owner
- Signed the FDD
- Meet face to face with executive staff