Jung Kwan Jang
Formerly known as Kansas Racing & Gaming Commission
Bottom line
- Total investment $111K – $316K including a $15K franchise fee, 3.0% ongoing royalty.
- No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
- Rated MODERATE with a risk score of 61/100.
- 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 Jung Kwan Jang unit return on the cash you put in?
Unlevered ROIC · per unit
77%
Above typical band (30–60%)
Overview
About
Jung Kwan Jang franchisees operate Korean ginseng extract and traditional health product retail locations, likely selling concentrated extracts, supplements, and wellness beverages. Day-to-day operations involve inventory management, customer service, product demonstrations, and potentially consultative health advice to drive repeat purchases in community-based 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 · 13 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
Jung Kwan Jang presents moderate-to-elevated risk due to lack of financial transparency, unprotected territories, anemic growth, and an unusually short franchise term that may not support meaningful profit recovery.
Score breakdown · what drove the 61 / 100 rating
- 01MINORNo Item 19 financial disclosure — cannot verify average unit economics or profitability claims
- 02MINORUnprotected territory creates direct competition risk from other franchisees and company-owned locations
- 03MINORSlow unit growth of 5.9% YoY suggests market saturation or franchisee satisfaction issues
- 04MINORWide investment range ($111k-$316k) indicates unclear cost structure and unpredictable startup expenses
- 05MINORShort 3-year term limits long-term ROI potential and creates renewal uncertainty
- 06HIGHGoing Concern flag is FALSE but absence of positive disclosure raises transparency concerns
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
34 numbers
One-time purchase · CSV download · Validation questions included
FDD download
Jung Kwan Jang · FDD (2025) PDF