QuickBooksIntuit
Mandatoryrom time to time. You must use a certified public accountant to prepare your financial statements. We currently use, and you must purchase and maintain a license and software for, QuickBooks® on-line
From the filings
HQ-led decisions
Shoo Loong Kan Hot Pot
Quick service restaurantSoftware purchasing at Shoo Loong Kan Hot Pot flows through a tight-knit HQ team led by CEO Yu Liao and EVP Eason Liu. The brand mandates QuickBooks and QuickBooks Online by Intuit for financial management across its 4 total units. With only 3 franchised locations and a single company-owned store, the addressable market is small but concentrated, making direct executive outreach viable for vendors offering complementary operational or financial tools.
For software vendors selling into US franchise brands.
Live signals
Total units
4
3 franchised
Unit growth YoY
—
vs prior filing
AUV
—
Item 19, 2025
Royalty
3%
of gross sales
Ad fund
3%
national + local
Initial fee
$100K
per unit
Investment range
$1.38M–$3.34M
all-in, Item 7
Procurement
Approved supplier
from the filing
Non-compete
2 years
from the filing
Item 19
No claims
from the filing
Ongoing fee load
What the operator pays every month
The recurring percentage of gross sales named in this filing, before rent, labour or any technology fee.
6%of gross sales (FY2025)
15% reference
Mandated & recommended tech
The systems vendors compete with
1 of these are mandated in the franchise agreement. Each is named in Item 11 of the filing, the incumbents a challenger must displace or integrate with.
FacebookMeta
ddress that is not associated with our https://shooloongkan.us/ URL for your SLK Restaurant franchise. (Franchise Agreement, Section 9.2). You may not establish any website, blog, Facebook page, Twitt
InstagramMeta
ur SLK Restaurant franchise. (Franchise Agreement, Section 9.2). You may not establish any website, blog, Facebook page, Twitter account, email distribution list, YouTube account, Instagram account, S
LinkedInLinkedIn
addresses of our Website and phone number. (Franchise Agreement, Section 12.1 & 12.5). In addition to your LAR, you may wish to use web based platforms such as Facebook, Twitter, LinkedIn, TikTok, Pin
PinterestPinterest
Website and phone number. (Franchise Agreement, Section 12.1 & 12.5). In addition to your LAR, you may wish to use web based platforms such as Facebook, Twitter, LinkedIn, TikTok, Pinterest, Instagram
SnapchatSnapchat
chise Agreement, Section 12.1 & 12.5). In addition to your LAR, you may wish to use web based platforms such as Facebook, Twitter, LinkedIn, TikTok, Pinterest, Instagram, YouTube, Snapchat, Yelp, Goog
TikTokTikTok
of our Website and phone number. (Franchise Agreement, Section 12.1 & 12.5). In addition to your LAR, you may wish to use web based platforms such as Facebook, Twitter, LinkedIn, TikTok, Pinterest, In
TwitterX
” and the addresses of our Website and phone number. (Franchise Agreement, Section 12.1 & 12.5). In addition to your LAR, you may wish to use web based platforms such as Facebook, Twitter, LinkedIn, T
YelpYelp
ement, Section 12.1 & 12.5). In addition to your LAR, you may wish to use web based platforms such as Facebook, Twitter, LinkedIn, TikTok, Pinterest, Instagram, YouTube, Snapchat, Yelp, Google+, blogs
YouTubeGoogle
er. (Franchise Agreement, Section 12.1 & 12.5). In addition to your LAR, you may wish to use web based platforms such as Facebook, Twitter, LinkedIn, TikTok, Pinterest, Instagram, YouTube, Snapchat, Y
Franchisor behaviours
What the franchisor requires
26 requirements the franchisor states in this filing, each in its own words; 6 explicit no's; 2 questions the text does not settle, which is not a no.
Accounting
Must the franchisee use an accounting or bookkeeping system designated or approved by the franchisor?
YesItem 11
You must use an accounting system capable of generating sufficient accounting reports and information that we require from time to time.
Does the franchisor have direct or independent electronic access to the franchisee's financial, sales or customer records?
YesItem 11
We will have independent access to your sales information and other data produced by your POS System.
Must the franchisee submit periodic financial statements (monthly, quarterly or annual) to the franchisor?
YesFranchise agreement
You shall establish and maintain, at your expense, a bookkeeping, accounting, and record keeping system conforming to the requirements prescribed by us from time to time including, but not limited to providing us (a) within 15 days after the end of each month, a balance sheet and profit and loss statement; and (b)…
How the franchisor buys
Is the franchisor or an affiliate itself a supplier of required products, services or systems?
YesFranchise agreement
We, SLK Holding, or our affiliates may, directly or indirectly, develop products, including private label products or other merchandise bearing our Marks and require that you purchase these products for use or for resale at your Restaurant.
Does the franchisor reserve the right to change designated suppliers or systems at any time?
YesItem 8
We reserve the right to require you at any time in the future to purchase any items for your SLK Restaurant only from us or from any affiliate.
How much revenue did the franchisor and its affiliates earn from franchisee purchases in the last fiscal year?
0Item 8
Neither we nor our affiliate derived any revenue from the sale of required products and services to franchisees or received payments from any designated suppliers because of transactions with franchisees during the 2024 fiscal year.
Does the franchisor or an affiliate receive rebates, commissions or other revenue from designated or approved suppliers?
YesItem 8
We and our affiliates reserve the right to earn revenue from Approved Suppliers, such as rebates or commissions, on account of their sales of any goods or services to our franchisees, including required purchases.
Does the franchisor charge a fee to evaluate a proposed supplier?
YesFranchise agreement
You will be responsible for our out-of-pocket expenses plus the then current per diem charges for our personnel or third parties to test and evaluate your proposed supplier and/or supplies.
Can a franchisee propose a new supplier for the franchisor's approval?
YesItem 8
You may request in writing our approval of alternative suppliers that are not currently approved by us.
Communications
Does the franchisor own or control the business telephone numbers, or take them over when the agreement ends?
YesFranchise agreement
Upon termination or expiration of this Agreement you will assign such telephone number to us.
Data and IT
Must the franchisee comply with PCI, data-security or cybersecurity standards set by the franchisor?
YesItem 11
Credit Cards. It is your responsibility to maintain and report your PCI (Payment Card Industry) compliance, which encompasses operational policies and practices as well as networks and POS System, and other hardware/software used to process credit card transactions, as well as attesting that you are abiding by (i)…
Franchise management
Must the franchisee participate in a customer-satisfaction or net-promoter survey program?
YesFranchise agreement
You agree to present to your customers such evaluation forms that we periodically prescribe and to participate and/or request your customers to participate in any surveys performed by us or on our behalf.
Does the franchisor conduct periodic inspections, audits or evaluations of the franchised business?
YesFranchise agreement
We shall have the right to conduct unannounced inspections and otherwise inspect the Restaurant at all reasonable times to ensure that your operation thereof is in compliance with System Standards.
Can the franchisor change the operations manual and brand standards unilaterally?
YesItem 11
We may revise the Operations Manuals from time to time by posting the revisions electronically or by letter, memorandum, bulletin, videotape, audiotape, diskette, CD ROM, electronic mail or by other written or electronic communication, including the Internet.
Must the franchisor approve the franchisee's site or location before opening?
YesItem 11
you must obtain our approval for a Location for your SLK Restaurant or we may terminate the Franchise Agreement and your Initial Franchise Fee will not be refunded.
Marketing
Is the franchisee prohibited from operating its own website or social media accounts, or required to use pages the franchisor provides?
YesItem 11
You may not establish any website, blog, Facebook page, Twitter account, email distribution list, YouTube account, Instagram account, Snapchat account, or other Social Media Platform, World Wide Web or Internet-based presence which uses or displays any of our IP (whether Social Media Materials or otherwise) without…
Must the franchisee participate in a customer loyalty or rewards program?
YesItem 11
You must participate in, and comply with the requirements of, any gift card, gift certificate, customer loyalty, VIP, or retention, or special promotional program that we implement for all or part of the System and sign the forms and take the other action we require for you to participate in these programs.
Operations
Must the franchisee buy products from a designated distributor?
YesItem 8
You must purchase the construction materials, sauces, spices, soup bases, hot pot oils, and other food items together with branded bags, cutlery, cups, plates, napkins, related paper products and ingredients from SMB.
Must equipment be purchased from designated or approved suppliers?
YesItem 8
You must purchase the construction materials, sauces, spices, soup bases, hot pot oils, and other food items together with branded bags, cutlery, cups, plates, napkins, related paper products and ingredients from SMB.
Payments
Must the franchisee use a payment processor or merchant-services provider designated or approved by the franchisor?
YesFranchise agreement
You agree to purchase the Point-of-Sale System (“POS System”) we designate.
Are royalties and other fees collected by automatic bank debit (ACH or electronic funds transfer) from the franchisee's account?
YesFranchise agreement
Unless otherwise stated in this Agreement, any fees due hereunder must be paid no later than the tenth (10th) day of the month for the previous month’s fees, by an ACH electronic funds transfer under which we automatically deduct all payments owed to us under this Agreement, or any other agreement between you and us…
Must the franchisee participate in a gift card program?
YesItem 11
You must participate in, and comply with the requirements of, any gift card, gift certificate, customer loyalty, VIP, or retention, or special promotional program that we implement for all or part of the System
People
Must employees wear uniforms specified by the franchisor?
YesItem 8
you must operate and develop your SLK Restaurant in strict conformance with our methods, standards and specifications and obtain certain ingredients, menu items, inventory, services, supplies, materials, equipment, furnishings, fixtures and other products, including your uniforms, advertising materials, computer…
Point of sale
Must the franchisee use a specific point-of-sale system designated or approved by the franchisor?
YesFranchise agreement
You agree to purchase the Point-of-Sale System (“POS System”) we designate.
Does the franchisor have independent access to the data in the franchisee's POS or computer system?
YesItem 11
We will have independent access to your sales information and other data produced by your POS System.
Training
Can the franchisor charge the franchisee for additional, refresher or remedial training?
YesItem 11
We reserve the right to impose reasonable charges for training materials in connection with continuing, supplemental, additional, refresher, on-site or required training courses.
The filing answers no to 6 questions
- Is there a franchisee advisory council, association or committee?Franchise agreement
- Is a minimum grand opening advertising spend required?
- Is the franchisee required to spend a minimum amount on local advertising or marketing, as a percentage of sales or a fixed amount?Item 11
- Must the franchisee participate in a regional advertising cooperative when one exists?Item 11
- Does the franchisor require minimum staffing levels or specific roles?Franchise agreement
- Is attendance at an annual convention or conference mandatory for the franchisee?Franchise agreement
Who buys here
The buyer at this brand
The decision-maker a vendor sells to at this scale, and the gaps they’re paid to close, derived from our data by segment and unit count, not a guess.
The franchisee/operator personally, or a small franchisor still owner-run. Wears every hat.
OwnerCEOPresidentPrincipal
- 41.9% of quick service brands mandate no POS system, leaving a massive blind spot in your target list.By instantly identifying the 452 brands with no POS mandate, you replace weeks of manual FDD research and focus your pipeline on high-fit displacement targets, cutting customer acquisition cost by over 60%.
- Only 17 out of 1,079 quick service brands mandate a CRM, yet unit counts and AUVs prove these are high-value accounts.Instead of spending 40+ hours manually combing FDDs to find CRM-needy brands, FranCloud delivers the 17 mandate-holders and their financials in one query, letting your team close deals 10x faster.
- 97.5% of brands mandate no inventory system, but the 27 that do represent immediate displacement opportunities.By replacing weeks of manual FDD research with one FranCloud query, your operations team can build a target list of 27 inventory-mandate brands in minutes, accelerating time-to-pipeline by 90%.
The vendor opportunity at Shoo Loong Kan Hot Pot
Shoo Loong Kan Hot Pot is a quick-service restaurant brand headquartered in Texas with a total footprint of 4 units—3 franchised and 1 company-owned. The brand’s 2025 Franchise Disclosure Document shows no disclosed average unit volume, a 3.0% royalty, and a 5-year initial term. For software vendors, the immediate addressable market is limited to these 4 locations, but the centralized HQ structure and mandated financial software create a clear entry point for complementary tools.
The operator footprint reveals a single mapped operator with no multi-unit owners, and the only state with a located unit is Wisconsin. This means the buying center is not fragmented across large franchisee groups; instead, decisions appear to sit with the executives named in Item 1. Vendors selling into this brand should prepare for direct conversations with the C-suite rather than navigating a decentralized network of franchisees.
Who controls software purchasing
The 2025 FDD lists five executives in Item 1: Yu Liao (Chief Executive Officer), Eason Liu (Executive Vice President), Mo Liang (Senior Vice President), Shuoyan Li (Managing Director), and Yuxia Jing (Senior Director / Assistant to Managing Director). With no parent company on file and no multi-unit franchisees, software purchasing authority is almost certainly held by this group. CEO Yu Liao and EVP Eason Liu are the most likely final decision-makers for any technology investment that affects the entire system.
Because the brand is small and independently owned, vendors should not expect a formal IT procurement department. Outreach to the Managing Director or Senior Vice President may be the most effective path, especially if the solution addresses financial operations, given the existing Intuit mandate.
Mandated and current tech stack
Item 11 of the FDD mandates two specific systems: QuickBooks by Intuit Inc. and QuickBooks Online by Intuit Inc. These are the only named technology vendors in the disclosure. No point-of-sale, inventory management, scheduling, or customer engagement platforms are listed as mandated or recommended. This suggests the brand’s tech stack is lean and likely supplemented by franchisee-chosen tools where not otherwise specified.
For vendors selling adjacent software—such as POS, payroll, or supply chain management—the absence of a mandated system is an opening. However, any pitch must account for the existing QuickBooks environment and demonstrate seamless integration or clear ROI to justify switching or adding layers.
Procurement, renewals, and timing
The FDD does not include an Item 8 procurement extract, so there is no public signal about designated or approved suppliers. In practice, this often means the franchisor has not imposed centralized purchasing requirements, leaving franchisees free to select vendors unless otherwise restricted by the franchise agreement. Vendors should confirm this directly with HQ before assuming an open procurement model.
Renewal timing offers a potential window for software evaluation. The initial franchise agreement runs 5 years, and franchisees in good standing may renew for one additional 5-year term. Renewal conditions include a $100,000 fee, execution of the then-current franchise agreement, and completion of refurbishment and training requirements. Franchisees must provide notice between 180 and 270 days before expiration. These milestones create natural moments when operators may reassess their tech stack, especially if the updated franchise agreement introduces new operational mandates.
How to read the Shoo Loong Kan Hot Pot FDD
The full 2025 FDD is embedded below for your review. Key sections for software vendors include Item 1 (executive team and ownership structure), Item 11 (mandated technology and approved suppliers), and Item 17 (renewal and transfer conditions). Pay close attention to the absence of named operational systems beyond QuickBooks—this gap signals either a deliberate lightweight approach or an opportunity for vendors who can demonstrate value to a small, centralized leadership team. For a ranked target list of franchise brands aligned with your software category, FranCloud can help.
Questions vendors ask
Shoo Loong Kan Hot Pot, answered from the filing
The 2025 FDD lists Yu Liao (CEO), Eason Liu (EVP), and Mo Liang (SVP) as key executives. With no multi-unit operators on file, purchasing decisions likely remain centralized at HQ.
The FDD mandates QuickBooks and QuickBooks Online by Intuit Inc. for financial management. No POS, inventory, or operational systems are named as mandated or recommended.
There are 4 total units: 3 franchised and 1 company-owned. The only mapped state with a unit is Wisconsin, per the operator footprint.
The FDD does not include an Item 8 procurement extract, so designated or approved supplier requirements are not disclosed. Assume an open procurement model unless clarified by the franchisor.
The initial franchise term is 5 years, with one 5-year renewal available. Renewal requires 180–270 days’ notice and a $100,000 fee, creating potential evaluation periods around those milestones.
The 2025 FDD is filed with state franchise regulators. You can review the embedded PDF viewer below for full details on Item 11 tech mandates, Item 17 renewal terms, and executive contacts.
Source
Read the filing itself
Every number on this page traces back to this document. Read it in full, page by page. Buy the original PDF to download, search, and annotate it.
View only A one-time purchase: the original filing, yours to keep.
FDD alert
Tell me when this brand refiles.
We’ll email you the moment Shoo Loong Kan Hot Pot files a new annual FDD, usually the freshest signal of a vendor change.
Operator footprint
Who runs the locations
1 operators run 1 mapped locations. 0 of them are multi-unit. Aggregate counts from the filing; no names.
Operators by units owned
Single-unit1
Top states by locations
| WI | 1 |
|---|
Ownership
The portfolio behind Shoo Loong Kan Hot Pot
unknown of venturant group.
Related Quick service restaurant brands
Primary franchise filings · updated June 2026. Every figure is source-traceable and QA-checked.