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Below is an in-depth analysis and side-by-side comparison of Yeung's Lotus Express vs Sarku Japan 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 | $283,000 - $562,000 |
Franchise Fee | $30,000 | $30,000 |
Royalty Fee | - | 6% |
Advertising Fee | - | 2%-3% |
Year Founded | 1987 | 1987 |
Year Franchised | 1987 | 1987 |
Term Of Agreement | - | 10 years |
Term Of Agreement | - | 10 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 | -/- | No/- |
Start-up Costs | -/- | No/- |
Equipment | -/- | No/- |
Inventory | -/- | No/- |
Receivables | -/- | No/- |
Payroll | -/- | No/- |
Training & Support |
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Training | - | - |
Support | - | * Branded design with modern configuration * Proven business model * Extensive training and ongoing operational support * Comprehensive marketing programs * Chain strength of over 200 locations * Sizzling, freshly prepared, delicious and nutritious menu offerings |
Marketing | - | - |
Operations | - | At least one owner or a designated manager must be involved in each store on a full time basis. In addition, the owner or designated manager must be responsible for the day-to-day operations and management. |
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.