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Below is an in-depth analysis and side-by-side comparison of Yeung's Lotus Express vs Mr. Whaw Grill & Restaurant including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $230,500 - $496,000 | $43,450 |
Franchise Fee | $30,000 | $6,500 |
Royalty Fee | - | 5% |
Advertising Fee | - | - |
Year Founded | 1987 | - |
Year Franchised | 1987 | - |
Term Of Agreement | - | 5 years |
Term Of Agreement | - | 5 years |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | - | - |
Support | - | - |
Marketing | - | - |
Operations | - | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | - | - |
International Expansion | - | - |
Yeung's Lotus Express was developed from the Kelly Yeung's many years of
experience in the full line restaurant industry. His vision was to
offer the quality and service of his full-line restaurants at the price
and speed of quick-service restaurants. The first Yeung's Lotus Express was opened in Miami's Bayside Market Place, overlooking Biscayne Bay.
The grand opening was such a success that Kelly decided to leave the
full-line restaurant business and grow Yeung's Lotus Express. There are
now currently over 40 Yeung's Lotus Express restaurants operating as
company owned, partnership, and franchise restaurants.
At Mr. Whaw Grill & Restaurant, you'll taste the difference of Emmanuel's fondness of food. His secrets; quality ingredients, grilling/cooking expertise and a relaxed and friendly atmosphere and one of a kind Litson Biik. A true Davaoeno together with his finest staff handed out the premises of tendering the mass with affordable, exceptional, family friendly restaurant that offers a most pleasant, non-stocking dining experience with plentiful, authentic home style cooking. With its tropical motif, accommodating service, affordable prices, delicious food and popular dessert, Mr. Whaw Grill & Restaurant spelled the equation of steady success in the grilling and restaurant business. Its armor against rigid competition is not only its captivating dishes but also its well-trained staff whose main objective is to preserve its excellent service and meet the client's expectations.
The cost of the franchise fee includes:
* Use of trade name and proprietary marks * Site approval * Training for franchisee, supervisor, crew * Procurement program * Opening assistance * Operations manual * Research and development