Little Sheep Hot Pot vs Pokeworks Franchise Comparison

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

Start-Up Costs and Fees

 
Little Sheep Hot Pot Franchise
Pokeworks Franchise
Investment $500,000 - $1,200,000$263,000 - $1,968,000
Franchise Fee $50,000$25,000 - $35,000
Royalty Fee 6%6%
Advertising Fee -1.5%
Year Founded 19992015
Year Franchised 20032016
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Little Sheep Hot Pot Franchise
Pokeworks Franchise
Experience --

Financing Options

 
Little Sheep Hot Pot Franchise
Pokeworks Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
Little Sheep Hot Pot Franchise
Pokeworks Franchise
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.

On-The-Job Training: 40 hours Classroom Training: 40 hours Additional Training: At training center
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.Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform
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.Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
Operations -Absentee Ownership Allowed Number of Employees Required to Run: 12

Expansion Plans

 
Little Sheep Hot Pot Franchise
Pokeworks Franchise
US Expansion -Yes
Canada Expansion --
International Expansion -Yes

Company Overviews

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.

About Pokeworks

Pokéworks is a ground-breaking, healthy fast-casual restaurant concept that began on a rainy day in December of 2015 in a tiny location in Midtown Manhattan.  Today, it has grown into one of the largest and fastest growing poke brands in the nation and one we can proudly say is anchored almost entirely with multi-unit institutional franchisees.
Pokéworks was born on that quiet Winter day with a trickle of curious New Yorkers that wondered in to experience poke for the first time.  Weeks later, hundreds stood in line outside our tiny restaurant willing to wait 45 minutes or more to build their own poke burrito or bowl.  While more than 700 New Yorkers were enjoying our poke per day, our ground breaking “The ‘Sushi Burrito’ has hit NYC and its amazing” video went viral and received more than 42 million views. As a result, Pokéworks quickly became known worldwide as one of the leading poke franchise brands.

Media consensus is that Pokéworks’ extraordinary consumer appeal is fueled by the exceptional quality, efficiency and affordability of our healthy chef-driven menu.  Restaurateurs on the other hand marvel at our easy to execute menu as well as the simplicity of our kitchens with no hood, no deep frying and no in-ground grease trap requirement. While growing quickly with experienced multi-unit franchisees, Pokéworks has joined forces with Toridoll Holdings Corporation. The agreement with the $1.6 billion publicly traded restaurant giant (TYO: 3397) was specifically designed by both parties to leverage Toridoll’s considerable expertise in global brand development while allowing Pokéworks to maintain its successful founder-led focus and control. Our goal is to further solidify Pokéworks’ high-quality and affordable brand as the leader in the fast-growing poke segment world-wide.

The total investment necessary to begin operation of a Pokéworks franchised restaurant ranges between $263,000 to $661,000. This includes $35,000 that must be paid to the franchisor or its affiliates. If you enter into a Multiple Unit Development Agreement, you must commit to develop at least three restaurants for which the total investment necessary ranges between $774,000 to $1,968,000. This includes $90,000 that must be paid to the franchisor or its affiliates. The initial fee for each additional restaurant you commit to develop is $25,000.
Veteran Incentives  10% off franchise fee
#272 in Franchise 500 for 2021.   Not in Franchise 500 for 2020.