BD's Mongolian Barbeque vs Little Sheep Hot Pot Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of BD's Mongolian Barbeque vs Little Sheep Hot Pot including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
BD's Mongolian Barbeque Franchise
Little Sheep Hot Pot Franchise
Investment $881,000 - $2,276,500$500,000 - $1,200,000
Franchise Fee $45,000$50,000
Royalty Fee 5%6%
Advertising Fee --
Year Founded 19921999
Year Franchised 19962003
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee 50% of fee at time of renewal-


Business Experience Requirements

 
BD's Mongolian Barbeque Franchise
Little Sheep Hot Pot Franchise
Experience
  • Industry experience
  • General business experience
  • Marketing skills
  • -

    Financing Options

     
    BD's Mongolian Barbeque Franchise
    Little Sheep Hot Pot Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/Yes-/-
    Start-up Costs No/No-/-
    Equipment No/Yes-/-
    Inventory No/No-/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support

     
    BD's Mongolian Barbeque Franchise
    Little Sheep Hot Pot Franchise
    Training Company certified training restaurantFor 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, Security/safety procedures, Field operations/evaluationsAfter 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 mediaBy 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 Franchisees required to buy multiple units/master licenses; 60% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 75 - 100

    Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)

    -

    Expansion Plans

     
    BD's Mongolian Barbeque Franchise
    Little Sheep Hot Pot Franchise
    US Expansion Yes-
    Canada Expansion No-
    International Expansion No-

    Company Overviews

    About BD's Mongolian Barbeque

    BD's Mongolian Barbeque is the world's number one Create Your Own Stir-Fry restaurant concept where the guests choose their own ingredients from a great variety of meats, seafood, vegetables, salads, sauces and spices. The food is then prepared by master grillers on a 600 degree 7-foot grill. Since 1992, has been delivering a unique, interactive dining experience that sets us apart from the competition. has created a growing band of loyal customers that believe passionately about their ability to take charge of their own dining event. We call this our "You Rule the Experience" philosophy. The guests don't just like bd's, they "love it" as they feel they can take ownership of their own dining experience.

    The total investment necessary to begin operation of a bd’s Mongolian Grill® Restaurant is $881,000 to $2,276,500. This includes $45,000 to $65,000 that must be paid to the franchisor or an affiliate.
    Development fees for Area Development Agreements are $45,000 for the first restaurant plus $10,000 for each additional restaurant that you agree to develop under the terms of the franchisor’s development schedule. These amounts will be credited against the payment of your initial franchise fees for each restaurant that you develop.

    About Little Sheep Hot Pot

    Thank you for your interest in Little Sheep Hot Pot's franchise program.Little Sheep Hot Pot has made big progress since it embarked its journey in North America in 2005. At present, there are about 10 affiliate stores operating across Canada and United States. Based on its healthy dining concept, unique product and high quality control, Little Sheep Hot Pot has established its successful business model. Furthermore, its competitive advantages of product uniqueness, potential to grow and standardized operating system enable a good start of franchise. If you have any further inquiry about our franchise program, please contact us at your convenience. You can explore more information in our website www.littlesheephotpot.com and you are welcome to visit our stores.

    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.