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Updated RecentlyAsian Chao vs Little Sheep Hot Pot Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Asian Chao vs Little Sheep Hot Pot including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $330,000 - $475,000 | $500,000 - $1,200,000 |
| Franchise Fee | $30,000 | $50,000 |
| Royalty Fee | 6% | 6% |
| Advertising Fee | - | - |
| Year Founded | 1991 | 1999 |
| Year Franchised | 2001 | 2003 |
| Term Of Agreement | 10 Years | - |
| Term Of Agreement | 10 Years | - |
| Renewal Fee | $55000 | - |
Business Experience Requirements |
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| Experience | - | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/Yes | -/- |
| Start-up Costs | No/Yes | -/- |
| Equipment | No/Yes | -/- |
| Inventory | No/Yes | -/- |
| Receivables | No/Yes | -/- |
| Payroll | No/Yes | -/- |
Training & Support |
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| 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 | - | 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 | - | 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 | - | - |
Expansion Plans |
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| US Expansion | - | - |
| Canada Expansion | No | - |
| International Expansion | No | - |
Company Overviews
About Asian Chao
We endeavor to be #1.
Establishment openings flourish over the United States, yet once in a while do you have an opportunity to consider a reasonable establishment opportunity with an industry pioneer and over two many years of accomplishment. Presently you do. Today, right around half of the organization stores of Food Systems Unlimited are being worked as fruitful establishments, gaining by diligent work, a demonstrated framework, and advancement. They are getting a charge out of long haul monetary autonomy through commitment to their business. As a result of our enthusiasm for nourishment, imaginative style, and a guarantee to quality and administration, the eateries that are a piece of the Food Systems Unlimited family consistently rank as a #1 administrator in deals.
Our unfaltering, steady deals development and overpowering purchaser fulfillment for our items, moves and strengthens our dedication to keeping up an elevated requirement in every aspect of operations. Our new and one of a kind cooking and creative outline help our eateries emerge and pull in clients who acknowledge quality sustenance at a reasonable cost. We just put resources into the best plan qualities as created by our in-house planners, designers, and CAD staff. Operation Training and Support, Recipe Training and Development, National Account Pricing, and On-going Quality gauges far surpass other existing nourishment court administrators.
Sustenance Systems Unlimited is focused on the proceeded with change of all regions of Operations as we extend broadly and universally. The Company offers diversifying chances to people who are vigorous and roused to convey "an incredible experience."
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.