Little Sheep Hot Pot vs Tin Drum Asia Cafe Franchise Comparison

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

Start-Up Costs and Fees
 
Little Sheep Hot Pot Franchise
Tin Drum Asia Cafe Franchise
Investment $500,000 - $1,200,000$400,800 - $617,250
Franchise Fee $50,000$49,000 - $99,000
Royalty Fee 6%6%
Advertising Fee -1.5%
Year Founded 19992003
Year Franchised 20030
Term Of Agreement --
Term Of Agreement --
Renewal Fee -50% of franchise fee


Business Experience Requirements
 
Little Sheep Hot Pot Franchise
Tin Drum Asia Cafe Franchise
Experience --

Financing Options
 
Little Sheep Hot Pot Franchise
Tin Drum Asia Cafe Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
Little Sheep Hot Pot Franchise
Tin Drum Asia Cafe 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 -

We prefer to be located in lifestyle centers or mixed-use developments with lots of foot traffic and a good mix of other national and local tenants. We will also consider well-positioned neighborhood shopping centers; urban/downtown locations with strong daytime population and foot traffic; and areas near college and university campuses.

Expansion Plans
 
Little Sheep Hot Pot Franchise
Tin Drum Asia Cafe Franchise
US Expansion -No
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 Tin Drum Asia Cafe

Founded in 2003, Tin Drum was created to reflect the bustling street-side cafes found throughout Asia. With the limited service operating model of fast casual and the dining experience of full casual, Tin Drum Asia Cafe is setting a new standard for the Fast Casual Dining franchise model. We call it "Fresh Casual." Our menu carries bold and broad flavor profiles; all food is cooked fresh to order in an open kitchen; the food is delivered to the guest at their table rather than being picked up at a counter; all this taking place in an environment with an elevated decor meant to evoke a bustling Asian street market.
 
10% discount for veterans off initial franchise fee