BBQ + Rice Korean Rice Bowl
Bottom line
- Total investment $280K – $550K including a $30K franchise fee, 4.0% ongoing royalty.
- No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
- Rated CAUTION with a risk score of 72/100.
- No Item 19 financial performance representation. Without franchisor-disclosed revenue data, you'll need to gather unit economics directly from existing franchisees.
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 BBQ + Rice Korean Rice Bowl unit return on the cash you put in?
Unlevered ROIC · per unit
27%
Below typical band (30–60%)
Overview
About
Franchisees operate quick-service Korean rice bowl restaurants, preparing and serving customizable rice bowls with BBQ proteins, vegetables, and sauces. Day-to-day operations include food preparation, inventory management, customer service at counter/delivery, and POS management. The model emphasizes speed and consistency to compete in the fast-casual segment.
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 · 5 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
Severely underdeveloped franchise system with no financial transparency, minimal unit count, existential franchisor concerns, and unprotected territory make this a speculative, high-risk investment.
Score breakdown · what drove the 72 / 100 rating
- 01MINOROnly 5 units in system with unknown/stagnant growth trajectory raises viability concerns
- 02MINORNo Item 19 financial disclosure (avg revenue/net income) prevents realistic ROI analysis and suggests weak performance data
- 03HIGHGoing Concern status = False indicates franchisor may face financial/operational sustainability issues
- 04MINORUnprotected territory creates direct competition risk within franchisee's service area
- 05MINORWide investment range ($279.5K-$550K) with no corresponding revenue guidance suggests inconsistent unit economics
- 06MED4% royalty on undisclosed sales provides no visibility into actual ongoing costs or profitability
- 07MINOR5-year term is relatively short; refranchising or system collapse risk is material
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
5 numbers
One-time purchase · CSV download · Validation questions included
FDD download
BBQ + Rice Korean Rice Bowl · FDD (2025) PDF