City Wok vs Yeung's Lotus Express Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of City Wok vs Yeung's Lotus Express including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
City Wok Franchise
Yeung's Lotus Express Franchise
Investment $243,400 - $568,500$230,500 - $496,000
Franchise Fee $30,000$30,000
Royalty Fee 5%-
Advertising Fee --
Year Founded 19901987
Year Franchised 20041987
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee $5K-


Business Experience Requirements

 
City Wok Franchise
Yeung's Lotus Express Franchise
Experience
  • General business experience
  • -

    Financing Options

     
    City Wok Franchise
    Yeung's Lotus Express 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

     
    City Wok Franchise
    Yeung's Lotus Express Franchise
    Training --
    Support Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives-
    Marketing Co-op advertising-
    Operations International franchisees required to buy multiple units/master licenses; 100% of all franchisees own more than one unit

    Absentee ownership of franchise is NOT allowed. (65% of current franchisees are owner/operators)

    -

    Expansion Plans

     
    City Wok Franchise
    Yeung's Lotus Express Franchise
    US Expansion --
    Canada Expansion No-
    International Expansion Yes-

    Company Overviews

    About City Wok

    The dream was a contemporary yet casual restaurant offering authentic, upscale Asian cuisine. Today, City Wok is proud to be recognized by Restaurant Hospitality magazine as personifying the future of fast-casual dining.

    Stuart Davis opened his first City Wok in 1990, working extensively with Hing Fan Chan, an executive chef trained in Kowloon, China. While other restaurants may water down, Americanize or over-expand their menus to appeal to the masses, Davis created the City Wok concept from his desire to deliver authentic Chinese dishes in a style that appeals to Americans.

    About Yeung's Lotus Express

    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.