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Below is an in-depth analysis and side-by-side comparison of Yoshinoya 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 | $550,000 - $1,400,000 | $500,000 - $1,200,000 |
Franchise Fee | $27,500 | $50,000 |
Royalty Fee | 4% | 6% |
Advertising Fee | - | - |
Year Founded | 1899 | 1999 |
Year Franchised | 0 | 2003 |
Term Of Agreement | 10 years +5+5 | - |
Term Of Agreement | 10 years +5+5 | - |
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 | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | Our goal is to give you the tools you need to assist you in building a business from day one. Your Yoshinoya franchise training includes 1 week of extensive, on-site initial training for yourself at our training headquarters in Torrance, California, six weeks for your lead kitchen personnel and 12 weeks for your front of house store manager. Training includes up to four persons. We help you stay abreast of new developments by providing additional training. Examples could include new equipment, menu and operational 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 | During your first week of business operations, a Yoshinoya Franchise Operations staff member will work with you and your staff at your location to solidify your operational, quality and customer service. Yoshinoya's experienced field staff will regularly visit your location to evaluate your progress and suggest positive operations, profitability and marketing improvements. | 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 | As a Yoshinoya franchise owner, you will be supported by marketing to promote brand awareness and sales. Franchisees and company restaurants contribute to a fund for this purpose. | 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 |
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US Expansion | - | - |
Canada Expansion | - | - |
International Expansion | - | - |
Opportunity... It's in the Bowl. Success in business is partly about knowing what consumers want even before they ask for it. It's about recognizing trends and taking action. And, right now, the trends in American culture are well aligned for your new franchise with Yoshinoya. Yoshinoya started in 1899 in Japan. With over 1500+ units worldwide, 98 here in America, we are growing and seeking motivated franchisees to grow with us. Yoshinoya is the Home of the Original Beef Bowl. Wholesome, quick-serve Japanese style menu. Our Signature Beef Bowl, Chicken Teriyaki Bowls, Salads, Desserts and more are on the menu here, all styled for a Quick Serve restaurant. With our unique Japanese menu, quality ingredients and nutritional alternatives to typical fast food, Yoshinoya incorporates today's trends, from health and nutrition to convenience and ethnic influences. Now we're ready to expand to a neighborhood near you - act now to become a part of our ongoing growth!
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.