Ho-Lee-Chow
Ho-Lee-Chow
658 Danforth Ave., # 201
Toronto, ON M4J 5B9 CANADA
800#: (800) HO-LEE-CHOW
Tel: (905) 335-4627
Fax: (905) 335-4649
E-Mail: [email protected]
Web Site: www.holeechow.com
Contact: Mr. John Woodburn,
Great Chinese food delivered fast and fresh. Each entree in our restaurants is cooked-to-order with no added MSG or preservatives. Each order is delivered in under 45 minutes. All locations are brightly lit and have our open kitchen concept so customers can view their food being cooked in the most pristine kitchens.
Franchisor Background
Established: 1989
First Franchise: 1989
Franchise Units: 17
Company-Owned Units: 2
Total Units: 19
Distribution:
U.S. -- 0;
Canada -- 19;
International -- 0
-North America -- Operations in 1 Province
-States/Provinces with Greatest Density: 22 in ON
Projected New Units Over Next 12 months: 15
Franchisee Qualifications: 3, 3, 1, 2, 3, 5
(Click here for an explanation)
Registered in Following Registration States: NR (Click here for an explanation)
Average Number of Employees: 3 FT, 1 PT (FT = Full Time, PT = Part Time)
Space Needs: 900 SF; FS, SF, SC
(Click here for abbreviations)
Encourage Conversion: Yes
Financial Requirements
Cash Investment: $50-75K
Total Investment: $150-175K
Average Total Investment: $162.5K
Minimum Net Worth: $100K
Fees:
-Franchise: $Included
-Royalty: 6%
-Average Royalty: 6.0%
-Advertising: 3%
Provide Earning Claim Statement: Yes
Terms of Contract
Term of Contract (Years): 5/15
Passive Ownership: Discouraged
Area Development Agreements: Yes/10
Sub-Franchising Contracts: Yes
Expand In Territory: Yes
Franchisor Support and Training Provided
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Financial Assistance: Yes(I)
Cooperative Advertising: Yes
International Franchise Association:
Canadian Franchise Association: CFA MEMBER
Franchisee Association / Member: Yes/Yes
Size Of Corporate Staff: 50+
On-Going Support: A,B,C,D,E,F,G,H,I (Click here for an explanation)
Training: 1 Week Head Office in Toronto, ON; 4 Weeks On-Site.
Franchisor's Specific Expansion Plans
U.S.: All United States
Canada: ON
Overseas: No
Note: NR = No Response by Franchisor.
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