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Below is an in-depth analysis and side-by-side comparison of Koryo Korean Barbeque vs Tin Drum Asia Cafe including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $275,000 - $325,000 | $400,800 - $617,250 |
| Franchise Fee | $30,000 - $40,000 | $49,000 - $99,000 |
| Royalty Fee | - | 6% |
| Advertising Fee | - | 1.5% |
| Year Founded | - | 2003 |
| Year Franchised | - | 0 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | 50% of franchise fee |
Business Experience Requirements |
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| Experience | - | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | -/- |
| Start-up Costs | -/- | -/- |
| Equipment | -/- | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
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| Training | - | - |
| Support | - | - |
| Marketing | - | - |
| Operations | - | We prefer to be located in lifestyle centers or mixed-use developments with lots of foot traffic and a good mix of other national and local tenants. We will also consider well-positioned neighborhood shopping centers; urban/downtown locations with strong daytime population and foot traffic; and areas near college and university campuses. |
Expansion Plans |
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| US Expansion | Yes | No |
| Canada Expansion | Yes | - |
| International Expansion | Yes | - |
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.