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Updated RecentlyZyng Asian Grill vs Little Sheep Hot Pot Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Zyng Asian Grill vs Little Sheep Hot Pot including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $212,000 - $480,000 | $500,000 - $1,200,000 |
| Franchise Fee | $25,000 | $50,000 |
| Royalty Fee | 5% | 6% |
| Advertising Fee | - | - |
| Year Founded | 1997 | 1999 |
| Year Franchised | 1999 | 2003 |
| 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/No | -/- |
| Start-up Costs | No/Yes | -/- |
| Equipment | No/Yes | -/- |
| Inventory | No/Yes | -/- |
| Receivables | No/Yes | -/- |
| Payroll | No/Yes | -/- |
Training & Support |
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| Training | Additional training periodically | 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, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | 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. |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | 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. |
| Operations |
Franchisees required to buy multiple units/master licenses; 100% of all franchisees own more than one unit Number of employees needed to run franchised unit: 9 Absentee ownership of franchise is allowed. (70% of current franchisees are owner/operators) | - |
Expansion Plans |
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| US Expansion | Yes | - |
| Canada Expansion | No | - |
| International Expansion | Yes | - |
Company Overviews
About Zyng Asian Grill
An exciting, fresh, vibrant, contemporary Asian dining experience! Set in an Asian-inspired, funky, vibrant market atmosphere, you are immediately attracted by the colors, sounds and smells permeating throughout the casual dining restaurant. In late 1995, Canadian businessman Arnold Shostak was in the Far East - China, Japan, Hong Kong, Singapore and Thailand. Before the trip, in his usual methodical and careful manner, he'd "read ahead" - guide books, histories, business reports, the Internet. He was an informed traveler and knew what to expect in each of the countries on his itinerary. Even so, Asia's ubiquitous noodle shops surprised him. "I couldn't believe how many there are - countless thousands! And I was amazed at their efficiency - even little mom-and-pop-owned-and-operated noodle restaurants were thriving, humming at all hours". An open kitchen with a Teppan Grill is the center stage for The Noodle People, cooking dishes emanating from China, Japan, Thailand, Vietnam, Singapore & Korea. Choose from our large and diverse selection of appetizers - dumplings, yakitori, spring rolls, noodle salads, small bowls of soup and more. A variety of specialty meals-in-bowls including the world's best Pad Thai, the one and only Zyngapore Noodles, Zyng Peanut Toss as well as other favorites.
About Little Sheep Hot Pot
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.