Start-Up Costs and Fees |
||
| Edo Japan | Yeung's Lotus Express | |
| Investment | 400000 - 550000 | 230500 - 496000 |
| Franchise Fee | 0 | |
| Royalty Fee | 6% | |
| Advertising Fee | 3% | |
| Year Founded | 1977 | 1987 |
| Year Franchised | 1986 | 1987 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Edo Japan | Yeung's Lotus Express | |
| Experience | ||
Financing Options |
||
| Edo Japan | Yeung's Lotus Express | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Edo Japan | Yeung's Lotus Express | |
| Training | 5 weeks - Basic Operation of the Business. - Regional Managers visit at least once every quarter to support and guide the Franchisees | |
| Support | Newsletter, Grand opening, Field operations/evaluations | |
| Marketing | Regional advertising | |
| Operations | - 33% of all franchisees own more than one unit - Number of employees needed to run franchised unit: 10 - 15 - Absentee ownership of franchise is allowed. (97% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Edo Japan | Yeung's Lotus Express | |
| US Expansion | ||
| Canada Expansion | ||
| International Expansion | Australia,New Zealand, |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Edo Japan | |
| Yeung's Lotus Express | |
| Franchise Fee | |
| Edo Japan | |
| Yeung's Lotus Express | |
| Royalty Fee | |
| Edo Japan | 6% |
| Yeung's Lotus Express | |
| Advertising Fee | |
| Edo Japan | 3% |
| Yeung's Lotus Express | |
| Year Founded | |
| Edo Japan | 1977 |
| Yeung's Lotus Express | 1987 |
| Year Franchised | |
| Edo Japan | 1986 |
| Yeung's Lotus Express | 1987 |
| Term Of Agreement | |
| Edo Japan | 10 years |
| Yeung's Lotus Express | |
| Renewal Fee | |
| Edo Japan | 25% of franchise fee |
| Yeung's Lotus Express | |
Business Experience Requirements |
|
| Experience | |
| Edo Japan | |
| Yeung's Lotus Express | |
Financing Options |
|
| Franchise Fees | |
| Edo Japan | No |
| Yeung's Lotus Express | No |
| Start-up Costs | |
| Edo Japan | |
| Yeung's Lotus Express | |
| Equipment | |
| Edo Japan} | |
| Yeung's Lotus Express | |
| Inventory | |
| Edo Japan | |
| Yeung's Lotus Express | |
| Receivables | |
| Edo Japan | |
| Yeung's Lotus Express | |
| Payroll | |
| Edo Japan | |
| Yeung's Lotus Express | |
Training & Support |
|
| Training | |
| Edo Japan | 5 weeks - Basic Operation of the Business. - Regional Managers visit at least once every quarter to support and guide the Franchisees |
| Yeung's Lotus Express | |
| Support | |
| Edo Japan | Newsletter, Grand opening, Field operations/evaluations |
| Yeung's Lotus Express | |
| Marketing | |
| Edo Japan | Regional advertising |
| Yeung's Lotus Express | |
| Operations | |
| Edo Japan | - 33% of all franchisees own more than one unit - Number of employees needed to run franchised unit: 10 - 15 - Absentee ownership of franchise is allowed. (97% of current franchisees are owner/operators) |
| Yeung's Lotus Express | |
Expansion Plans |
|
| US Expansion | |
| Edo Japan | |
| Yeung's Lotus Express | |
| Canada Expansion | |
| Edo Japan | |
| Yeung's Lotus Express | |
| International Expansion | |
| Edo Japan | Australia,New Zealand, |
| Yeung's Lotus Express | |