Manchu Wok vs Little Sheep Hot Pot Franchise Comparison

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

Start-Up Costs and Fees

 
Manchu Wok Franchise
Little Sheep Hot Pot Franchise
Investment $476,050 - $787,500$500,000 - $1,200,000
Franchise Fee $30,000$50,000
Royalty Fee 7%6%
Advertising Fee 1%-
Year Founded 19811999
Year Franchised 19892003
Term Of Agreement 5 years-
Term Of Agreement 5 years-
Renewal Fee $3K per year-


Business Experience Requirements

 
Manchu Wok Franchise
Little Sheep Hot Pot Franchise
Experience
  • Industry experience
  • General business experience
  • Marketing skills
  • -

    Financing Options

     
    Manchu Wok Franchise
    Little Sheep Hot Pot Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/No-/-
    Start-up Costs No/No-/-
    Equipment No/No-/-
    Inventory No/No-/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support

     
    Manchu Wok Franchise
    Little Sheep Hot Pot 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.

    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Security/safety procedures, Field operations/evaluations, Purchasing cooperativesAfter 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 media, Regional advertisingBy 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 20% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 12

    Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators)

    -

    Expansion Plans

     
    Manchu Wok Franchise
    Little Sheep Hot Pot Franchise
    US Expansion --
    Canada Expansion No-
    International Expansion Yes-

    Company Overviews

    About Manchu Wok

    Conceived and founded in 1980, Manchu Wok grew into a national chain across Canada and into the United States over the next nine years. Ownership changed in 1989, and expansion continued with a focus on the United States. Manchu Wok now has close to 150 stores, of which more than 70 percent are franchised.

    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.