Start-Up Costs and Fees |
||
| Made In Japan Teriyaki Experience | Little Sheep Hot Pot | |
| Investment | 327000 - 679900 | 500000 - 1200000 |
| Franchise Fee | 0 | |
| Royalty Fee | 6% | 6% |
| Advertising Fee | 3% | |
| Year Founded | 1986 | 1999 |
| Year Franchised | 1987 | 2003 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Made In Japan Teriyaki Experience | Little Sheep Hot Pot | |
| Experience | ||
Financing Options |
||
| Made In Japan Teriyaki Experience | Little Sheep Hot Pot | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Made In Japan Teriyaki Experience | 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 | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | 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 | Co-op advertising, Ad slicks, National media, Regional advertising | 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 | 20% of all franchisees own more than one unit Absentee ownership of franchise is allowed. | |
Expansion Plans |
||
| Made In Japan Teriyaki Experience | Little Sheep Hot Pot | |
| US Expansion | ||
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Made In Japan Teriyaki Experience | |
| Little Sheep Hot Pot | |
| Franchise Fee | |
| Made In Japan Teriyaki Experience | |
| Little Sheep Hot Pot | |
| Royalty Fee | |
| Made In Japan Teriyaki Experience | 6% |
| Little Sheep Hot Pot | 6% |
| Advertising Fee | |
| Made In Japan Teriyaki Experience | 3% |
| Little Sheep Hot Pot | |
| Year Founded | |
| Made In Japan Teriyaki Experience | 1986 |
| Little Sheep Hot Pot | 1999 |
| Year Franchised | |
| Made In Japan Teriyaki Experience | 1987 |
| Little Sheep Hot Pot | 2003 |
| Term Of Agreement | |
| Made In Japan Teriyaki Experience | 10 years |
| Little Sheep Hot Pot | |
| Renewal Fee | |
| Made In Japan Teriyaki Experience | $1K per year |
| Little Sheep Hot Pot | |
Business Experience Requirements |
|
| Experience | |
| Made In Japan Teriyaki Experience | |
| Little Sheep Hot Pot | |
Financing Options |
|
| Franchise Fees | |
| Made In Japan Teriyaki Experience | No |
| Little Sheep Hot Pot | No |
| Start-up Costs | |
| Made In Japan Teriyaki Experience | |
| Little Sheep Hot Pot | |
| Equipment | |
| Made In Japan Teriyaki Experience} | |
| Little Sheep Hot Pot | |
| Inventory | |
| Made In Japan Teriyaki Experience | |
| Little Sheep Hot Pot | |
| Receivables | |
| Made In Japan Teriyaki Experience | |
| Little Sheep Hot Pot | |
| Payroll | |
| Made In Japan Teriyaki Experience | |
| Little Sheep Hot Pot | |
Training & Support |
|
| Training | |
| Made In Japan Teriyaki Experience | |
| 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 | |
| Made In Japan Teriyaki Experience | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| 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 | |
| Made In Japan Teriyaki Experience | Co-op advertising, Ad slicks, National media, Regional advertising |
| 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 | |
| Made In Japan Teriyaki Experience | 20% of all franchisees own more than one unit Absentee ownership of franchise is allowed. |
| Little Sheep Hot Pot | |
Expansion Plans |
|
| US Expansion | |
| Made In Japan Teriyaki Experience | |
| Little Sheep Hot Pot | |
| Canada Expansion | |
| Made In Japan Teriyaki Experience | |
| Little Sheep Hot Pot | |
| International Expansion | |
| Made In Japan Teriyaki Experience | |
| Little Sheep Hot Pot | |