Yeung's Lotus Express vs Little Sheep Hot Pot Franchise Comparison

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

Start-Up Costs and Fees

 
Yeung's Lotus Express Franchise
Little Sheep Hot Pot Franchise
Investment $230,500 - $496,000$500,000 - $1,200,000
Franchise Fee $30,000$50,000
Royalty Fee -6%
Advertising Fee --
Year Founded 19871999
Year Franchised 19872003
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Yeung's Lotus Express Franchise
Little Sheep Hot Pot Franchise
Experience --

Financing Options

 
Yeung's Lotus Express Franchise
Little Sheep Hot Pot Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
Yeung's Lotus Express 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 -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 -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 --

Expansion Plans

 
Yeung's Lotus Express Franchise
Little Sheep Hot Pot Franchise
US Expansion --
Canada Expansion --
International Expansion --

Company Overviews

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.

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.