CrunCheese Korean Hot Dog
Bottom line
- Total investment $190K – $653K including a $40K 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 54/100. SBA loan default rate of 0.0% across 22 loans (below the industry average).
- 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 CrunCheese Korean Hot Dog unit return on the cash you put in?
Unlevered ROIC · per unit
26%
Below typical band (30–60%)
Overview
About
Franchisees operate quick-service food counters or kiosks specializing in Korean-style hot dogs (typically cheese-filled and breaded). Day-to-day operations include food preparation, inventory management, point-of-sale transactions, and customer service in high-traffic locations like food courts, malls, or street-front storefronts.
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 · 16 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.
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Early-stage, high-growth brand with undisclosed financials, unprotected territories, and going concern issues presents elevated risk despite no litigation history.
Score breakdown · what drove the 54 / 100 rating
- 01MINORNo financial performance disclosure (Item 19) — cannot validate the $190K-$652K investment ROI claims
- 02MINORExplosive 300% YoY unit growth with only 16 units suggests either rapid unsustainable expansion or inflated growth metrics from very small baseline
- 03HIGHGoing Concern = False indicates potential franchisor financial instability or operational uncertainty
- 04MINORUnprotected territory creates direct competition risk — franchisees could cannibalize each other's sales in same market
- 05MINORWide investment range ($462,450 spread) without corresponding revenue/profit disclosure raises transparency concerns
- 06MEDEarly-stage brand maturity — 16 units is extremely small system with limited operational track record to validate model
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
22 numbers
One-time purchase · CSV download · Validation questions included
FDD download
CrunCheese Korean Hot Dog · FDD (2024) PDF