Little Sheep Hot Pot vs Bann Thai Franchise Comparison

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

Start-Up Costs and Fees

 
Little Sheep Hot Pot Franchise
Bann Thai Franchise
Investment $500,000 - $1,200,000$224,000 - $603,000
Franchise Fee $50,000$30,000
Royalty Fee 6%5%
Advertising Fee --
Year Founded 19992010
Year Franchised 20032013
Term Of Agreement -10 years
Term Of Agreement -10 years
Renewal Fee --


Business Experience Requirements

 
Little Sheep Hot Pot Franchise
Bann Thai Franchise
Experience -

DRIVER Has written and actionable goals Focus on the end result, regardless of the amount of time it takes to get there. Plan and act towards desired goals better than current circumstance Focus on what is going right, regardless of what is going wrong If this sounds like you, we are looking for you.


Financing Options

 
Little Sheep Hot Pot Franchise
Bann Thai Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
Little Sheep Hot Pot Franchise
Bann Thai 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.

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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

 
Little Sheep Hot Pot Franchise
Bann Thai Franchise
US Expansion -Yes
Canada Expansion --
International Expansion --

Company Overviews

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.

About Bann Thai

NO LONGER FRANCHISING