FranchiseVerdict
JOMARU KOREAN HOT POT logo
FV-01362·CAUTIONExcellent81

Jomaru Korean Hot Pot

Food & Beverage - Full ServiceFranchising since 2024Website
Investment
$350K – $590K
46th pct Full Service
Avg revenue
57th pct Full Service
Royalty
2.0%
1st pct Full Service
Units
3
16th pct Full Service
SBA default

Bottom line

  • Total investment $350K – $590K including a $50K franchise fee, 2.0% 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

Legal entity
Jomaru FNC, Inc.
Incorporated in
California
HQ
4681 Convoy St. #D, San Diego, CA 92111
Auditor
Irvine CPAs & Associates, Inc.
Audited financials
Franchisor revenue
$0
Most recent fiscal year

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 JOMARU KOREAN HOT POT unit return on the cash you put in?

Revenue · per unit, per year
$
Item 19 not disclosed — typing your own estimate
Franchisor take · royalty + ad fund
Royaltytyp 68%
%
Ad fundtyp 35%
%
Operating costs · category default: generic
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $350K–$590K
Working capital
$
FDD reports $60K–$90K

Unlevered ROIC · per unit

28%

Below typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$150K
EBITDA margin
20.0%
Total invested
$545K
Payback
44 mo
Unit-level only. A multi-unit portfolio gives up roughly 5–15% of this to shared services (corporate G&A) before reaching the ~10-unit break-even Yale describes.

Overview

About

Franchisees operate Korean hot pot table-service restaurants where customers cook meat, seafood, and vegetables in individual broths at their tables. Daily operations include inventory management, table turnover, kitchen coordination, and staff supervision for a premium casual dining experience.

CEO
Inho Choi
Founded
2024
FDD year
2025
States available
1

Item 7 · what it costs

The Vitals

Total investment
$350K – $590K
All-in to open one unit
Liquid capital
$60K – $90K
Cash you must have on hand
Franchise fee
$50K
Royalty
2.0%
Gross Sales · typical 6–8%
Ad fund
1.0%
typical 3–5%
Total fee load
3.0%
vs 9–13% typical

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

Total units
3
Opened
2
Last reporting year
Closed
0
Turnover rate
0.0%
Company-owned
1
Corporate units in the system
% franchised
67%
vs corporate-owned
2023
2+2
Franchised units
2024
0
Franchised units
2025
0
Franchised units

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).

AK
ME
VT
NH
MA
RI
CT
NY
NJ
PA
DE
MD
DC
WA
OR
CA
NV
ID
MT
WY
UT
CO
AZ
NM
ND
SD
NE
KS
OK
TX
MN
IA
MO
AR
LA
WI
IL
MS
TN
MI
IN
KY
AL
OH
WV
GA
VA
NC
SC
FL
HI
Registered · 5 states
Not registered

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

72
Risk · 0-100
CAUTION72 / 100

Extremely high-risk early-stage concept with going concern issues, minimal unit count, no financial transparency, and insufficient data to validate franchise model viability.

Score breakdown · what drove the 72 / 100 rating

  1. 01HIGHGoing concern status is FALSE — indicates potential financial distress or structural issues at franchisor level
  2. 02MINOROnly 3 units in system with unknown growth trajectory — extremely small and unproven concept with no demonstrated unit economics
  3. 03MEDNo Item 19 financial disclosure (Avg Revenue/Net Income not disclosed) — impossible to validate ROI or profitability claims
  4. 04MINORHigh initial investment ($349.5K–$590K) relative to system size creates disproportionate risk with minimal proven model
  5. 05MINOR5-year term is short for capital-intensive restaurant concept — limits payback period and increases renewal uncertainty
  6. 06MEDNo disclosed franchisor financial statements — unable to assess franchisor viability or support infrastructure

Severity inferred from the FDD text · not a regulatory classification

FDD Items 5, 6, 12, 17 · continued from Risk & Legal

Contract & Territory Detail

Territory
Radius
Protected territory
Yes
Initial term
5 years
Renewal term
5 years
Online sales rights
Restricted
Franchisor can compete
Yes
Hire a manager?
Allowed
Litigation count
0
Right of first refusal
Yes
Franchisor can buy back on resale
Mandatory arbitration
Yes
Jury trial waiver
Yes
Non-compete
2 yrs
Post-termination restriction
Owner-operator
Required
Governing law
California

Item 11

Training & Operations

Classroom training
33 hrs
On-the-job training
54 hrs

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

6 numbers

Locked
(360) 902-••••
WA
(317) 232-••••
IN
(562) 567-••••
CA

One-time purchase · CSV download · Validation questions included

FDD download

JOMARU KOREAN HOT POT · FDD (2025) PDF

Single-page checkout · instant download · CSV export of contacts available separately above