Start-Up Costs and Fees |
||
| Gimme Sum | Little Sheep Hot Pot | |
| Investment | 273000 - 345000 | 500000 - 1200000 |
| Franchise Fee | ||
| Royalty Fee | 6% | |
| Advertising Fee | ||
| Year Founded | 2003 | 1999 |
| Year Franchised | 2004 | 2003 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Gimme Sum | Little Sheep Hot Pot | |
| Experience | ||
Financing Options |
||
| Gimme Sum | Little Sheep Hot Pot | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Gimme Sum | Little Sheep Hot Pot | |
| Training | For our franchisees (two persons at most)soup base and broth formulation and preparation food preparation and presentationmanagement of the dining area and the kitchenfinancial controlPOS 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 |
||
| Gimme Sum | Little Sheep Hot Pot | |
| US Expansion | ||
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Gimme Sum | |
| Little Sheep Hot Pot | |
| Franchise Fee | |
| Gimme Sum | |
| Little Sheep Hot Pot | |
| Royalty Fee | |
| Gimme Sum | |
| Little Sheep Hot Pot | 6% |
| Advertising Fee | |
| Gimme Sum | |
| Little Sheep Hot Pot | |
| Year Founded | |
| Gimme Sum | 2003 |
| Little Sheep Hot Pot | 1999 |
| Year Franchised | |
| Gimme Sum | 2004 |
| Little Sheep Hot Pot | 2003 |
| Term Of Agreement | |
| Gimme Sum | |
| Little Sheep Hot Pot | |
| Renewal Fee | |
| Gimme Sum | |
| Little Sheep Hot Pot | |
Business Experience Requirements |
|
| Experience | |
| Gimme Sum | |
| Little Sheep Hot Pot | |
Financing Options |
|
| Franchise Fees | |
| Gimme Sum | |
| Little Sheep Hot Pot | |
| Start-up Costs | |
| Gimme Sum | |
| Little Sheep Hot Pot | |
| Equipment | |
| Gimme Sum} | |
| Little Sheep Hot Pot | |
| Inventory | |
| Gimme Sum | |
| Little Sheep Hot Pot | |
| Receivables | |
| Gimme Sum | |
| Little Sheep Hot Pot | |
| Payroll | |
| Gimme Sum | |
| Little Sheep Hot Pot | |
Training & Support |
|
| Training | |
| Gimme Sum | |
| Little Sheep Hot Pot | For our franchisees (two persons at most)soup base and broth formulation and preparation food preparation and presentationmanagement of the dining area and the kitchenfinancial controlPOS system inventory control etc. training workshops in various forms at irregular intervals to facilitate communication and learning for all of our franchisees. |
| Support | |
| Gimme Sum | |
| Little Sheep Hot Pot | 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 | |
| Gimme Sum | |
| Little Sheep Hot Pot | 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 | |
| Gimme Sum | |
| Little Sheep Hot Pot | |
Expansion Plans |
|
| US Expansion | |
| Gimme Sum | |
| Little Sheep Hot Pot | |
| Canada Expansion | |
| Gimme Sum | 0 |
| Little Sheep Hot Pot | |
| International Expansion | |
| Gimme Sum | |
| Little Sheep Hot Pot | |