About Cho Dang Franchise
Cho Dang is a Korean restaurant franchise specializing in soon doobu, or soft tofu soup bowls, alongside popular Korean dishes such as bibimbap and beef short rib.
Locations offer both dine in and carry out service, providing an authentic Korean dining experience focused on comforting, flavorful cuisine.
The franchise fee is $90,000.
Cho Dang Franchise Cost & Fees
Minimum Investment
$364K
Average Investment
$487K
Maximum Investment
$610K
| Fee Type | Amount | Notes |
|---|---|---|
| Initial Franchise Fee | $90,000 | One-time payment upon signing |
| Royalty Fee | 4% of Gross Sales of gross sales | Ongoing; paid monthly |
| Marketing/Ad Fund | 1% of Gross Sales (to be spent directly by you for local advertising activities) | National brand fund |
| Total Investment Range | $363,500 – $610,000 | Includes build-out, inventory, working capital |
The investment range of $364K–$610K reflects variability in build-out costs, store size, lease terms, and market. The combined royalty (4% of Gross Sales) and marketing fee (1% of Gross Sales (to be spent directly by you for local advertising activities)) are ongoing costs paid as a percentage of gross sales.
Investment Breakdown (Item 7)
| Item | Low | High |
|---|---|---|
| Initial Franchise Fee (1) | $90,000 | $90,000 |
| Real Estate Security/ Deposits and Initial Rent (2) | $5,000 | $35,000 |
| Construction and leasehold improvements (3) | $170,000 | $250,000 |
| Design and architecture (4) | $6,000 | $8,000 |
| Equipment, Furniture and Fixtures (5) | $35,000 | $75,000 |
| Opening Inventory (6) | $5,000 | $15,000 |
| Insurance (7) | $5,000 | $15,000 |
| Opening Promotion and Grand Opening (8) | $3,000 | $10,000 |
| Cash Registers/Other Office Equipment (9) | $3,000 | $15,000 |
| Initial Training Expenses (10) | $0 | $5,000 |
| Business Licenses, Utility Deposits, Prepaid Fees (11) | $1,500 | $10,000 |
| Pre-opening Payroll (12) | $10,000 | $12,000 |
| Additional Funds – 3 months (13) | $30,000 | $70,000 |
| TOTAL BASIC PACKAGE | $363,500 | $610,000 |
Additional Fees (Item 6)
| Fee Type | Amount |
|---|---|
| Transfer Fee | 4% of Gross Sales |
| Renewal Fee | 50% of the then- current initial franchise fee |
| Audit Fee | You reimburse us for the full cost of the audit if audit discloses understating |
| Marketing Fee | 2% of Gross Sales |
| Additional Training | $1,000 |
| Refresher Training | $1,000 |
| Late Payment | Late charge equal to 5% of payment due, together with interest at 2% per month ( |
| Dishonored Item Fee | $100 |
| Non-Compliance Fine | $300 |
| Management Fee | 20% of Gross Sales |
| Real Estate Security/ Deposits and Initial Rent (2) | $5,000 |
| Construction and leasehold improvements (3) | $170,000 |
| Design and architecture (4) | $6,000 |
| Equipment, Furniture and Fixtures (5) | $35,000 |
| Opening Inventory (6) | $5,000 |
| Insurance (7) | $5,000 |
| Opening Promotion and Grand Opening (8) | $3,000 |
| Cash Registers/Other Office Equipment (9) | $3,000 |
Territory Rights (Item 12)
| Detail | Information |
|---|---|
| Territory Type | exclusive |
Renewal, Termination & Transfer (Item 17)
| Detail | Information |
|---|---|
| Renewal Term | One additional term of 5 year |
| Termination for Cause | We can terminate only if you commit any one of several listed violations. |
Financing (Item 10)
| Detail | Information |
|---|---|
| Financing Available | No |
| Description | Does not offer financing. |
Cho Dang Franchise Earnings — Item 19
Cho Dang does not make an Item 19 financial performance representation in their FDD. This means they do not disclose revenue, profit, or earnings data for franchised locations. Before investing, ask the franchisor directly for franchisee contact information so you can speak with existing owners about their actual financial performance.
Cho Dang does not include an Item 19 financial performance representation in their FDD. Contact information for current and former franchisees is listed in Item 20 of the FDD.
Cho Dang Litigation & Risk Flags
Clean Litigation RecordCho Dang has no pending litigation actions listed in their FDD. There is also no bankruptcy history disclosed.
Litigation and bankruptcy data is sourced from Items 3 and 4 of the FDD. Always verify current status directly from the most recent FDD.
Cho Dang System Growth
Total Units
2
Franchised
1
Company-Owned
1
Cho Dang currently operates 1 franchised locations and 1 company-owned units. Unit count data is sourced from Item 20 of the FDD.
Unit History (Item 20)
| Year | Opened | Closed | Total |
|---|---|---|---|
| 2020 | 0 | ||
| 2020 | 1 | ||
| 2020 | 1 | ||
| 2021 | 0 | ||
| 2021 | 2 | ||
| 2021 | 2 | ||
| 2022 | 0 | ||
| 2022 | 3 | ||
| 2022 | 3 |
Cho Dang Franchise — FAQ
The total investment to open a Cho Dang franchise ranges from $363,500 to $610,000, per their Franchise Disclosure Document. This includes the initial franchise fee of $90,000. The investment covers build-out, inventory, equipment, signage, working capital, and other startup costs.
Cho Dang charges a royalty fee of 4% of Gross Sales of gross sales, plus a 1% of Gross Sales
(to be spent
directly by you for
local advertising
activities) contribution to the marketing/advertising fund. These fees are paid on an ongoing basis.
You can download the Cho Dang Franchise Disclosure Document free on this page. The FDD is a public document filed with state franchise registries. Always also request the current FDD directly from Cho Dang to ensure you have the most up-to-date version.
Cho Dang does not provide an Item 19 financial performance representation in their FDD, which means they do not disclose franchisee revenue or earnings data. Prospective investors should contact existing franchisees directly (listed in Item 20 of the FDD) to gather real-world financial performance information.
Cho Dang has been offering franchise opportunities. The FDD shows an investment range of $363,500-$610,000, a 4% of Gross Sales royalty, and includes an Item 19 earnings disclosure. There is no pending litigation. Review the full FDD and contact current franchisees listed in Item 20 before making any investment decision.
The franchise fee is $90,000 and the total investment ranges from $363,500 to $610,000 depending on location size and market. Contact the franchisor directly for current net worth and liquid capital requirements, territory availability, and application details.
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Data Source & Disclaimer: This website is for informational purposes only. It is not an offer to sell or buy a franchise. This profile is based on publicly available FDD data sourced from state franchise registry filings. All information is for research purposes only and does not constitute legal, financial, or investment advice. Data may be outdated or contain errors. Always obtain the current FDD directly from Cho Dang and consult a qualified franchise attorney before making any investment decision. FranchiseOverview.com is operated by Franchising Compliance, LLC and is not affiliated with Cho Dang or any of its subsidiaries. To report an inaccuracy: info@franchiseoverview.com