Bottom line
- Total investment $305K – $1.3M including a $45K franchise fee, 5.0% ongoing royalty.
- No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
- Rated STRONG with a risk score of 52/100.
- System growing at 66.7% CAGR over 3 years with 208 total units — strong expansion trajectory.
Item 1 · who you're contracting with
The Franchisor
Yale framework · single-unit ROIC
Returns Analysis
Pulls Item 7 (investment) and Item 19 (revenue) from this brand's FDD into the Yale unlevered-ROIC formula. Override any input to stress-test it against your own assumptions.
The model · Yale framework
What would one bb.q Chicken unit return on the cash you put in?
Unlevered ROIC · per unit
15%
Below typical band (30–60%)
Overview
About
Franchisees operate quick-service Korean fried chicken restaurants, managing inventory, food preparation, point-of-sale operations, and customer service. Daily responsibilities include staffing, food safety compliance, marketing at local level, and achieving sales targets to cover the 5% royalty obligation and operational costs within their protected territory.
Item 7 · what it costs
The Vitals
Item 19
Financial Performance
This franchisor did not disclose financial performance representations in Item 19, or our extractor could not parse them.
Item 20 · unit dynamics
The Growth Chart
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 17 states with active franchisees
The Territory Map
Derived from franchisee contact records. Shows states with at least one current operator — not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).
States derived from franchisee phone area codes (Item 20). Approximate — ported numbers may show the original state, not the franchisee's current location.
Government records
SBA Loan Data
Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.
No SBA loan data available for this brand.
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
bb.q Chicken presents moderate-to-elevated risk due to missing financial transparency, franchisor going concern issues, and aggressive expansion that may outpace operational support quality.
Score breakdown · what drove the 52 / 100 rating
- 01MINORNo Item 19 financial disclosures (average unit revenue and net income not provided) — impossible to assess actual ROI or profitability
- 02MINORWide investment range ($305K–$1.29M) with no clarity on what drives 4x cost variance or expected returns at each tier
- 03HIGHGoing Concern flag is FALSE, suggesting potential balance sheet or operational sustainability concerns with the franchisor
- 04MINORRapid unit growth (28.9% YoY) may indicate quality control issues, market saturation risk, or unsustainable expansion model
- 05MINOR5% royalty on gross sales (not net) is extracted regardless of profitability — burdensome if margins compress
Severity inferred from the FDD text · not a regulatory classification
FDD Items 5, 6, 12, 17 · continued from Risk & Legal
Contract & Territory Detail
Item 11
Training & Operations
Item 20
Franchisee Contacts
Phone numbers extracted directly from this brand's FDD Item 20. After purchase, you'll also receive a list of validation questions tailored to this brand.
Franchisee contacts
73 numbers
One-time purchase · CSV download · Validation questions included
FDD download
bb.q Chicken · FDD (2025) PDF