Doc Chey's Asian Kitchen vs Little Sheep Hot Pot Franchise Comparison

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

Start-Up Costs and Fees

 
Doc Chey's Asian Kitchen Franchise
Little Sheep Hot Pot Franchise
Investment $287,500 - $462,000$500,000 - $1,200,000
Franchise Fee $25,000$50,000
Royalty Fee 5%6%
Advertising Fee --
Year Founded 19971999
Year Franchised 20042003
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee 50% of then-current fee-


Business Experience Requirements

 
Doc Chey's Asian Kitchen Franchise
Little Sheep Hot Pot Franchise
Experience
  • 3 years of restaurant experience
  • -

    Financing Options

     
    Doc Chey's Asian Kitchen 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

     
    Doc Chey's Asian Kitchen 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, Internet, Field operations/evaluationsAfter 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 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

    Number of employees needed to run franchised unit: 25

    Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

    -

    Expansion Plans

     
    Doc Chey's Asian Kitchen Franchise
    Little Sheep Hot Pot Franchise
    US Expansion Yes-
    Canada Expansion No-
    International Expansion No-

    Company Overviews

    About Doc Chey's Asian Kitchen

    When we opened the first Doc Chey's in 1997, our goal was simple: operate a neighborhood restaurant that serves our guests affordable, delicious, pan-Asian food.

    Although we have been true to our original mission, we quickly learned that we had an even greater mission, and that was to improve the communities we serve. We did this by becoming stakeholders in our neighborhoods and fostering good karma in our communities through various initiatives - dine-outs that support local schools and charitable organization, donations to local organizations for fundraising events, and hosting charitable events like Morningside Mile and Breakfast with Santa.

    Through our efforts, we have donated over $200,000 in cash and food to local schools and non-profit organizations. We work hard to live our values everyday - treat others as we wish to be treated and give without expecting anything in return.

    We will continue to work hard every day to help make our communities better places to live - one noodle bowl at a time.

    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.