| ||||
Updated RecentlyMade In Japan Teriyaki Experience vs Little Sheep Hot Pot Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Made In Japan Teriyaki Experience vs Little Sheep Hot Pot including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $327,000 - $679,900 | $500,000 - $1,200,000 |
| Franchise Fee | $30,000 | $50,000 |
| Royalty Fee | 6% | 6% |
| Advertising Fee | 3% | - |
| Year Founded | 1986 | 1999 |
| Year Franchised | 1987 | 2003 |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 years | - |
| Renewal Fee | $1K per year | - |
Business Experience Requirements |
||
| Experience | - | - |
Financing Options |
||
| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/No | -/- |
| Start-up Costs | No/No | -/- |
| Equipment | No/No | -/- |
| Inventory | No/No | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
||
| Training | - | For our franchisees (two persons at most) soup base and broth formulation and preparation food preparation and presentation management of the dining area and the kitchen financial control POS system inventory control etc. training workshops in various forms at irregular intervals to facilitate communication and learning for all of our franchisees. |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | After the grand opening of the franchised restaurant, we will visit its business and operation from time to time. Then, based on the inspections results, we will make proper suggestions and require corrections when necessary to enhance the franchisee's profitability. We will supply the Little Sheep proprietary soup condiments, designate some of the meat, food and beverage, constructive materials and equipment suppliers, and also assist franchisees with the purchase of dishware, uniforms, and some of the key materials as part of our franchising support. |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | By establishing the System Marketing Fund (1% of total sales of each store, including the corporate affiliates and franchisees), we will consolidate all marketing resources for the most optimized result. It will continue to enhance the brand image through advertisement, promotion, PR event and brand image exposure in order to boost the restaurant's recognition and credibility. Moreover, we will also facilitate various marketing activities to support franchisee's own marketing programs. |
| Operations |
20% of all franchisees own more than one unit
Absentee ownership of franchise is allowed. | - |
Expansion Plans |
||
| US Expansion | - | - |
| Canada Expansion | No | - |
| International Expansion | Yes | - |
Company Overviews
About Made In Japan Teriyaki Experience
Since 1986, Teriyaki Experience has been delivering fast, fresh and healthy Asian-inspired fast food to fulfill guests’ taste for great flavours and fast service. Recognized as the healthy alternative to traditional fast food, we’ve built a unique concept around the teppanyaki grill where meals are prepared right before guests’ eyes. A complete line of flavourful, Asian-inspired secret sauces top our rice and noodle meals.
Brand Recognition: Currently 74 restaurants in operation worldwide.
Consistent Quality: Serving the same high quality food with the same high quality service in all locations.
Excellent Service: Professionally-trained owners and operators head every restaurant team.
Fast and Fresh Ingredients: At the heart of every recipe are fresh ingredients prepared fast.
Lou Donato wanted to provide dishes similar to the expensive, health-conscious platters found at Japanese dinner houses. After three years of research and development, he opened Made In Japan Teriyaki Experience, incorporating the flair and drama of Japanese cooking.Franchisees across Canada and worldwide now offer hot, made-to-order dishes including fresh vegetables, Yakisoba (Japanese noodles), steamed rice, a variety of meats and seafood, Teriyaki platters and sushi.
The parent company of Made in Japan also owns franchise company Mrs. Vanelli's Fresh Italian Foods.
About Little Sheep Hot Pot
Yum China Holdings, Inc. is China's leading restaurant company with a vision of making every life taste beautiful. From a single restaurant in 1987, the company now operates over 7,500 restaurants over 1,100 cities and towns spanning every province and autonomous region across mainland China.