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Updated RecentlyLittle Sheep Hot Pot vs Koryo Korean Barbeque Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Little Sheep Hot Pot vs Koryo Korean Barbeque including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $500,000 - $1,200,000 | $275,000 - $325,000 |
| Franchise Fee | $50,000 | $30,000 - $40,000 |
| Royalty Fee | 6% | - |
| Advertising Fee | - | - |
| Year Founded | 1999 | - |
| Year Franchised | 2003 | - |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| 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 | 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 |
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| US Expansion | - | Yes |
| Canada Expansion | - | Yes |
| International Expansion | - | Yes |
Company Overviews
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.
About Koryo Korean Barbeque
The imaginative personalities off camera have made a totally new class of eating through Koryo Korean Barbeque eateries crosswise over Canada. Globally inside the following 5 years! By wedding a portion of the finest Korean culinary customs with advanced ways of life and tastes Koryo eateries gladly offer Affordable Gourmet. Each feast is deliberately arranged with grade A meats, no additives and no MSG. Nourishment requests are started up on a hot flame broil just before your eyes while the incredible administration at every eatery is complimentary with your supper! You are welcome to experience what a large number of others have come to love.