$Soup Holdings(5KI.SI)$ make soup restaurant great again. I have eaten soup restaurant for more than 30 years, the food is good and the service is excellent. $20 million is cheap for a reputable and heritage restaurant chain that has Overseas outlets in Malaysia and Indonesia.
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🥢 10 Mid-Range Chinese Chains
1. Crystal Jade
• Large chain with multiple concepts (La Mian Xiao Long Bao, Kitchen, Palace).
• Affordable Cantonese, Teochew, and dim sum offerings.
2. Dian Xiao Er
• Famous for herbal roast duck and rustic décor.
• Strong family appeal, similar to Soup Restaurant’s positioning.
3. Imperial Treasure (casual outlets)
• Offers Cantonese and Teochew classics.
• Has both premium and mid-range outlets.
4. Canton Paradise (Paradise Group)
• Specializes in Cantonese dishes and dim sum.
• Mall-based, casual dining concept.
5. PUTIEN
• Heng Hwa cuisine from Fujian, China.
• Known for Lor Mee and seafood dishes, mid-range pricing.
6. Paradise Dynasty
• Famous for colorful xiao long bao dumplings.
• Casual yet innovative Chinese dining.
7. Din Tai Fung
• Taiwanese chain specializing in xiao long bao and noodles.
• Affordable, family-friendly, and mall-centric.
8. Soup Spoon Union (Chinese-inspired soups)
• While broader in scope, competes in casual dining with Chinese-style soups.
• Appeals to similar health-conscious diners.
9. Tong Lok Group (e.g., TungLok Teahouse)
• Offers dim sum and Cantonese classics in a casual setting.
• Competes on price and family dining.
10. Red House Seafood (casual outlets)
• Known for Chinese-style seafood dishes.
• Mid-range pricing, communal dining focus.