Gyu-Kaku vs Koryo Korean Barbeque Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Gyu-Kaku vs Koryo Korean Barbeque including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Gyu-Kaku Franchise
Koryo Korean Barbeque Franchise
Investment $1,200,444 - $2,526,540$275,000 - $325,000
Franchise Fee $50,000$30,000 - $40,000
Royalty Fee 4%-5%-
Advertising Fee 1.5%-
Year Founded 1996-
Year Franchised 1997-
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Gyu-Kaku Franchise
Koryo Korean Barbeque Franchise
Experience --

Financing Options
 
Gyu-Kaku Franchise
Koryo Korean Barbeque Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
Gyu-Kaku Franchise
Koryo Korean Barbeque Franchise
Training On-The-Job Training: 304 hours Classroom Training: 46 hours Additional Training: At company-owned restaurants -
Support Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Security/Safety Procedures Site Selection -
Marketing Co-op Advertising Regional Advertising Social media Website development Email marketing Loyalty program/app -
Operations Absentee Ownership Allowed Number of Employees Required to Run: 20-

Expansion Plans
 
Gyu-Kaku Franchise
Koryo Korean Barbeque Franchise
US Expansion YesYes
Canada Expansion -Yes
International Expansion YesYes

Company Overviews

About Gyu-Kaku

Gyu-Kaku System operates over 700 locations worldwide and has more than 10 years franchising experience in Japan.

Reins International USA has more than 8 years operating experience in the U.S. to modify the system for the U.S. market w/ 12 units.
Gyu-Kaku has been awarded the prestigious Hot Concept Award by the restaurant industry's premier trade publication, Nation's Restaurant News!
We like to think of it as the Oscars of the restaurant business. The Hot Concept Award is given each year by the editors of NRN to six emerging restaurant brands that have distinguished themselves as Hot Concepts: "fast-growing, financially proven overachievers that are on their way to becoming tomorrow's giants." Each winner must be a clearly defined concept that appeals to consumers and positions the company at the leading edge of foodservice.
The goal is to recognize brands for their innovation, successful business strategies and entrepreneurial spirit.

The initial franchise fee is $50,000. The estimated investment necessary to begin operation of a Gyu-Kaku franchise unit franchise range is $1,200,444 to $2,526,540. This includes $56,500 to $71,500 that is paid to the franchisor and its affiliates.
The franchisor may also offer you the optional right to execute an Area Development Agreement granting you a right to open one to four additional Outlets for an additional investment of $25,000 (for one additional Outlet) to $100,000 (for four additional Outlets), all of which must be paid to the franchisor.

"Entrepreneur

#240 in Franchise 500 for 2020.
#227 in Franchise 500 for 2021.




About Koryo Korean Barbeque

The imaginative personalities off camera have made a totally new class of eating through Koryo Korean Barbeque eateries crosswise over Canada. Globally inside the following 5 years! By wedding a portion of the finest Korean culinary customs with advanced ways of life and tastes Koryo eateries gladly offer Affordable Gourmet. Each feast is deliberately arranged with grade A meats, no additives and no MSG. Nourishment requests are started up on a hot flame broil just before your eyes while the incredible administration at every eatery is complimentary with your supper! You are welcome to experience what a large number of others have come to love.