Mandarin Restaurant vs Yeung's Lotus Express Franchise Comparison

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

Start-Up Costs and Fees

 
Mandarin Restaurant Franchise
Yeung's Lotus Express Franchise
Investment $2,500,000 - $3,000,000$230,500 - $496,000
Franchise Fee N/A$30,000
Royalty Fee --
Advertising Fee --
Year Founded 19791987
Year Franchised -1987
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Mandarin Restaurant Franchise
Yeung's Lotus Express Franchise
Experience --

Financing Options

 
Mandarin Restaurant Franchise
Yeung's Lotus Express Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
Mandarin Restaurant Franchise
Yeung's Lotus Express Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans

 
Mandarin Restaurant Franchise
Yeung's Lotus Express Franchise
US Expansion --
Canada Expansion No-
International Expansion No-

Company Overviews

About Mandarin Restaurant

Award winning all-you-can-eat buffet restaurant serving Chinese and Canadian food as well as a la carte and take out menu in Southern Ontario region. Mandarin is committed to provide fresh and quality food to their customers at all times. Mandarin Restaurant Franchise Corporation only accepts franchisees from within its existing system. Mandarin franchisees must work for at least one year in one of our restaurants. Upon favourable recommendation, potential applicants will then be admitted to the training program at the corporate headquarters. Franchisees are selected from this pool of applicants.

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.