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Below is an in-depth analysis and side-by-side comparison of Little Sheep Hot Pot vs Sukiyaki 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 | $175,000 - $500,000 |
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 |
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.
Built up in 1988, Sukiyaki has a long-standing convention in serving quick Japanese solace sustenance. Our Teppan-flame broil is our point of convergence - this is the place our most well known teriyaki and yakisoba dishes are newly arranged each day for our clients. Notwithstanding continually advancing with our clients' tastes, our menu now includes well known Japanese road style sustenance, for example, ramen noodles and Japanese curry dishes.
Sukiyaki is an idea made up of savvy, persevering and deferential individuals who realize that great fixings are the way to great sustenance and who are committed to offering their way of life and family conventions to their dependable clients. Our delightfully composed stores, including dim woods and striking red accents, catch the pith of old-world Japan. The pride and custom of the Japanese cooking are reflected in each part of our eatery.
Sukiyaki displays an idea of take out Japanese cooking. The formulas and items are made while regarding the Japanese culinary conventions. The Japanese implication of Sukiyaki, mix of cuts of meat presented with vegetables and sizzled on a cooking table, speaks to the embodiment of our idea. Our menu offers an assortment of noodles and rice presented with meat, chicken, fish or pork and sauteed vegetables. Finish your feast by picking one of our side dishes, which incorporate soups, sushis, and so on. Sukiyaki an exceptional Japanese joy understanding!