Yeung's Lotus Express
Company Information
4531 Ponce de Leon Boulevard, Suite 300 Coral Gables, Florida 33146
We were incorporated in Florida on May 2, 1997. We do business under the name "Yeung’s Lotus Express" and “Wok A Holic”. We do not do business under any other name. Our principal business address is 4531 Ponce de Leon Boulevard, Suite 300, Coral Gables, Florida 33146. We do not have any corporate parent or predecessor; however, an affiliated company, CHINESE CAFES OF AMERICA, INC. (“CCA”), a Florida corporation, whose principal business address is 4531 Ponce de Leon Boulevard, Suite 300, Coral Gables, Florida 33146, has conducted a similar business to the type offered in this Disclosure Document since 1987, and another affiliated company, INTERNATIONAL RESTAURANT MANAGEMENT GROUP, INC. (“IRMG”), a Florida corporation, whose principal business address is 4531 Ponce de Leon Boulevard, Suite 300, Coral Gables, Florida 33146, began operating restaurants offering Chinese food cooked in a wok in 2016 under the trade name Wok A Holic. In 2020, we began a program to rebrand the Yeung’s Lotus Express restaurants to Wok A Holic restaurants, and IRMG transferred all of its rights to the Wok A Holic trade name to us. Another affiliated company, CAJUN AND GRILL OF AMERICA, INC. (“CGA”), is the majority owner of Cajun food restaurants. CCA is the majority owner of ethnic food (Chinese, Japanese and Middle Eastern) restaurants in shopping center food courts throughout the United States. Neither CGA nor CCA offer franchises for the same type of business as a Yeung’s Lotus Express. KELLY’S CAJUN GRILL FRANCHISE CORPORATION (“KCG”), an affiliated company, whose principal business address is 4531 Ponce de Leon Boulevard, Suite 300, Coral Gables, Florida 33146, has offered franchises for Kelly’s Cajun Grill restaurants which feature Cajun food since 1996, and currently has 17 open franchised Kelly’s Cajun Grill restaurants. Another affiliate, INTERNATIONAL RESTAURANT MANAGEMENT GROUP, INC. (“IRMG”), whose principal businessaddress is 4531Ponce de Leon Boulevard, Suite300, Coral Gables, Florida 33146, has offered franchises for Suki Hana restaurants which offer Japanese style food since 2000, and offered franchises for restaurants featuring a variety of chicken products under the name Chicken Connection from 2000 2016. There are currently 5 operating franchised Suki Hana restaurants and no operating franchised Chicken Connection restaurants. Our registered agents for service of process are disclosed in Exhibit D.
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Franchise Rating
Franchimp Summary Rating
8/10
Investment Accessibility
8/10
Franchise System Development
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Distribution of Yeung's Lotus Express Franchisee
Employee Contact Database
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Summary of Investment Costs
Upfront Franchise Fees
Minimum: $30,250 Maximum: $221,200
Upfront franchise fees are the one-time payments required to secure rights to operate under an established brand, typically ranging from $20,000 to $100,000+ depending on brand value.
These fees grant access to proprietary business systems, training programs, intellectual property rights, and often territorial exclusivity—essentially purchasing the blueprint for a proven business model.
While separate from ongoing royalties, investors should evaluate these fees against expected returns, comparing fee-to-earnings ratios across opportunities and assessing how effectively franchisors reinvest these funds into system improvements.
Total Investment Costs
Minimum: $276,250 Maximum: $865,000
Ongoing Fees
Ongoing franchise fees, typically structured as royalties ranging from 4-8% of gross sales, represent the continuous payments franchisees make to maintain brand affiliation and support services.
These recurring fees fund the franchisor's operational assistance, marketing initiatives, technology updates, and continued brand development—creating a partnership where the franchisor's revenue grows alongside the franchisee's success. In addition to royalties, franchisees often contribute to national advertising funds (usually 1-3% of sales) and may incur technology fees, supply chain markups, or renewal fees depending on the franchise agreement.
Investors should carefully analyze these ongoing costs within their financial projections, as they directly impact profit margins and cash flow throughout the entire franchise relationship.
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