About TaKorean Franchise
TaKorean is a fast casual restaurant franchise specializing in Korean inspired tacos, bowls, and slaws made from scratch with fresh ingredients and bold, colorful flavors.
Franchising since 2022 under TaKorean Holdings, Inc., the brand brings an exciting Asian fusion concept to the fast casual dining space, targeting customers looking for creative, flavorful meals with a modern twist.
The initial franchise fee is $40,000.
TaKorean Franchise Cost & Fees
Minimum Investment
$337K
Average Investment
$559K
Maximum Investment
$782K
| Fee Type | Amount | Notes |
|---|---|---|
| Initial Franchise Fee | $40,000.00 | One-time payment upon signing |
| Royalty Fee | 4% of weekly Gross Revenue of gross sales | Ongoing; paid monthly |
| Marketing/Ad Fund | 1% of weekly Gross Revenue (Brand Fund Contribution), with the right to increase up to 2% upon 30 days' written notice. Currently 0% for Advertising Cooperative, subject to increase to 1% of monthly Gross Revenue. | National brand fund |
| Total Investment Range | $337,000 – $781,500 | Includes build-out, inventory, working capital |
The investment range of $337K–$782K reflects variability in build-out costs, store size, lease terms, and market. The combined royalty (4% of weekly Gross Revenue) and marketing fee (1% of weekly Gross Revenue (Brand Fund Contribution), with the right to increase up to 2% upon 30 days' written notice. Currently 0% for Advertising Cooperative, subject to increase to 1% of monthly Gross Revenue.) are ongoing costs paid as a percentage of gross sales.
Investment Breakdown (Item 7)
| Item | Low | High |
|---|---|---|
| Initial Franchise Fee | $40,000 | $40,000 |
| Your Training Expenses | $4,000 | $8,000 |
| Lease & Utilities deposits | $15,000 | $45,000 |
| Facility Occupancy | $15,000 | $45,000 |
| Architectural Plans | $15,000 | $25,000 |
| Leasehold Improvements and Construction | $150,000 | $400,000 |
| Furniture and Fixtures | $10,000 | $20,000 |
| Kitchen Equipment | $30,000 | $90,000 |
| Signage | $5,000 | $13,500 |
| POS and back-office computer system | $5,000 | $9,000 |
| Business Licenses and Permits | $1,000 | $3,000 |
| Initial Inventory | $5,000 | $8,000 |
| Professional Fees | $2,500 | $10,000 |
| Grand Opening Advertising | $24,000 | $24,000 |
| Insurance | $500 | $1,000 |
| Operating Expenses / Additional Funds – 3 months | $15,000 | $40,000 |
Additional Fees (Item 6)
| Fee Type | Amount |
|---|---|
| Transfer Fee | 70% of the then current Initial Franchise Fee for new entities/individuals; 50% for existing owners; $1,500 for franchisee-controlled entities without majority ownership change. Multi-Unit Development Agreement Transfer Fee: $5,000 per outlet remaining to be developed. |
| Renewal Fee | 10% of the then current Initial Franchise Fee (Successor Fee) |
| Technology Fee | Up to $125 per week |
| Audit Fee | Actual cost of examination plus related expenses |
| Late Charge | $250 |
| Interest Charge | 1.5% per month from due date, or maximum allowed by law |
| Non-Sufficient Funds Fee | $75 |
| Relocation Fee | 50% of the then-current initial franchise fee |
| Additional Training at a Location Other Than Your Restaurant | $500 per day per trainer, plus travel and other related expenses |
| Additional Training at Your Restaurant Location | $500 per trainer per day, plus travel and other expenses |
| Interim Management Support Fee | $500 per day, plus travel and other expenses |
| Evaluation Fee | Actual cost of inspection and testing of a proposed item or vendor |
| Quality Assurance Services | Up to $40 per week or a maximum of $2,000 per year (Not currently assessed) |
| Indemnification | Amount of loss or damages plus costs |
| Reimbursement of Cost and Expenses for Non-compliance | Actual costs and expenses |
| Reimbursement of legal fees and expenses | Our costs and expenses, including but not limited to attorneys’ fees |
| Confidential Operating Manual Replacement Fee | $100, or our then current fee |
| Insurance | Amount paid by us for your insurance obligations |
| Taxes | Amount of taxes |
Training Program (Item 11)
| Detail | Information |
|---|---|
| Total Duration | 10 days of Initial Management Training Program plus 7 days of on-site opening assistance. |
| Classroom Training | Approximately 5 hours |
| On-the-Job Training | Approximately 101 hours (51 hours during initial training + 50 hours during grand opening) |
| Training Location | Washington DC |
| Additional Training | Mandatory or optional additional training programs, including an annual conference or national business meeting, may be offered for up to 10 days each year at a designated location. Remedial on-site training and individualized assistance via telephone, video conference, or email are also available. |
Territory Rights (Item 12)
| Detail | Information |
|---|---|
| Territory Type | Limited protected territory |
| Exclusive Territory | No |
| Territory Size | Approximately 25,000 people |
| Description | The territory is located in all or a portion of a listed town, city, or county, identified by a group of contiguous Zip Codes, based on minimum numbers of households, average home prices, and household incomes. While the franchisor will not open another TaKorean outlet or grant rights to others within the territory, it reserves the right to sell products and services through alternative distribution channels. |
Renewal, Termination & Transfer (Item 17)
| Detail | Information |
|---|---|
| Initial Term | 10 years |
| Renewal Term | Two (2) additional terms of 5 years each |
| Renewal Fee | 10% of the then current Initial Franchise Fee |
| Renewal Conditions | Full compliance with the agreement, no more than three (3) defaults during the current term, written notice six months prior to expiration, execution of a new franchise agreement, right to occupy premises or approved relocation, general release, compliance with current qualifications and training, and payment of the successor fee. |
| Transfer Fee | 70% of the then current initial franchise fee (with exceptions for existing owners/entities) |
| Transfer Conditions | Transferee must meet franchisor's standards for franchisees, have sufficient business experience and financial resources, complete initial training, all amounts owed to franchisor and third-party creditors must be paid, transferee must sign franchisor's then-standard franchise agreement, franchisee and transferee must execute a general release, franchisee must subordinate claims against transferee to franchisor, franchisee must indemnify franchisor for 3 years post-transfer, franchisor must approve material terms of transfer, and landlord's consent for lease assignment is required. |
| Termination for Cause | Automatic termination for insolvency, bankruptcy, inability to pay debts, receivership, unsatisfied judgments, or dissolution. Termination upon notice for failure to acquire/construct/open site within timeframes, falsifying reports, ceasing operations for 5+ days, losing possession of premises, failure to restore business, non-compliance with laws, understatement of Gross Revenue (2+ times), non-compliance with Article 15 covenants, unauthorized transfer, misrepresentation in application, felony conviction, adverse judgment for fraud/racketeering, concealing revenues/false records, public health/safety threat, refusal of inspection/audit, unauthorized use of IP, non-compliance with non-compete, 3+ defaults or 2+ notices in 12 months, insufficient funds (2+ times), or termination without cause. |
| Non-Compete Period | During the term of the franchise agreement and for 24 months after termination or expiration. |
| Non-Compete Details | During the term, franchisee and principals may not divert customers to competitors, participate in any similar restaurant/eatery business, or perform acts injurious to the goodwill of the System. Post-termination, for 24 months, they may not divert customers, participate in similar businesses within 10 miles of the former TaKorean outlet or any other TaKorean location, or perform acts injurious to the goodwill of the System. |
Operations & Supply (Items 8 & 15)
| Detail | Information |
|---|---|
| Owner-Operator Required | Yes |
| Participation Details | The franchisee (if an individual) or all owners (if a business entity) and the general manager must personally supervise the TaKorean outlet. The general manager must devote full-time to the job, cannot have an interest or business relationship with competitors, and must successfully complete the Initial Management Training Program and all other required training courses. |
| Required Suppliers | Franchisees must purchase all equipment, fixtures, furnishings, ingredients, supplies, and services, including computer systems and certain software, from designated suppliers and contractors or in accordance with franchisor specifications. The franchisor maintains written lists of approved items and designated suppliers, which are updated periodically. |
| Supply Restrictions | The franchisor approves suppliers after reviewing product quality. Franchisees can request approval for alternative items or suppliers by submitting a written request and samples; approval is at the franchisor's sole discretion and may involve testing fees. The franchisor reserves the right to revoke approval if standards are not met. The franchisor is not currently a designated supplier for proprietary marinades, sauces, and other required purchases, but reserves the right to become one. |
| Franchisor Revenue from Suppliers | No revenue received from required purchases by franchisees for the fiscal year ending December 31, 2021. The franchisor does not currently receive other revenue, rebates, discounts, or material consideration from required purchases, but may do so in the future and keep such benefits at its sole discretion. |
Financing (Item 10)
| Detail | Information |
|---|---|
| Financing Available | No |
| Description | We do not offer direct or indirect financing. We do not guarantee any note, lease, or obligation on your behalf. |
TaKorean Franchise Earnings — Item 19
Average Revenue
$1.3M
Sample Size
2 units
Past financial performance does not guarantee future results. Individual results will vary.
TaKorean Litigation & Risk Flags
Clean Litigation RecordTaKorean 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.
TaKorean System Growth
Total Units
2
Franchised
0
Company-Owned
2
TaKorean currently operates 0 franchised locations and 2 company-owned units. Unit count data is sourced from Item 20 of the FDD.
Unit History (Item 20)
| Year | Opened | Closed | Total |
|---|---|---|---|
| 2019 | 0 | 0 | 4 |
| 2020 | 0 | 2 | 2 |
| 2021 | 0 | 0 | 2 |
Transfers: 0 | Closures: 2
State Registrations
Registered in 16 states: CA, CT, HI, IL, IN, MD, MI, MN, NY, ND, OR, RI, SD, VA, WA, WI
Franchisor Financials (Item 21)
Total Assets
$100K
Audited by SALTI & ASSOCIATES, LLC for year ending December 31.
TaKorean Franchise — FAQ
The total investment to open a TaKorean franchise ranges from $337,000 to $781,500, per their Franchise Disclosure Document. This includes the initial franchise fee of $40,000.00. The investment covers build-out, inventory, equipment, signage, working capital, and other startup costs.
TaKorean charges a royalty fee of 4% of weekly Gross Revenue of gross sales, plus a 1% of weekly Gross Revenue (Brand Fund Contribution), with the right to increase up to 2% upon 30 days' written notice. Currently 0% for Advertising Cooperative, subject to increase to 1% of monthly Gross Revenue. contribution to the marketing/advertising fund. These fees are paid on an ongoing basis.
You can download the TaKorean 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 TaKorean to ensure you have the most up-to-date version.
According to the Item 19 financial performance representation in their FDD, TaKorean franchise owners report average revenue of $1.3M. This is based on a sample of 2 units. Past performance does not guarantee future results.
TaKorean has been franchising since 2022. The FDD shows an investment range of $337,000-$781,500, a 4% of weekly Gross Revenue 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 $40,000.00 and the total investment ranges from $337,000 to $781,500 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 TaKorean and consult a qualified franchise attorney before making any investment decision. FranchiseOverview.com is operated by Franchising Compliance, LLC and is not affiliated with TaKorean or any of its subsidiaries. To report an inaccuracy: info@franchiseoverview.com