Is BOBAEBANJUM or The Modern Halo cheaper to open?

BOBAEBANJUM costs $337,000–$604,500 and The Modern Halo costs $282,575–$647,700 to open (FDD Item 7). The Modern Halo has the lower entry cost.

Which is the better franchise, BOBAEBANJUM or The Modern Halo?

FranchiseVerdict grades BOBAEBANJUM B and The Modern Halo D, from FDD Items 5–7, 19–21 and SBA loan performance. See the full side-by-side above.

BOBAEBANJUM vs The Modern Halo

Franchise Comparison 2026

Both BOBAEBANJUM and The Modern Halo are full-service restaurants franchises. BOBAEBANJUM requires an investment of $337K – $605K while The Modern Halo requires $283K – $648K. The Modern Halo discloses average revenue of $931K; BOBAEBANJUM makes no financial performance representation in its Item 19, which is voluntary under the FTC Franchise Rule. Note: Company-owned outlets only - not franchisee performance; Based on a single outlet - not a system average. FranchiseVerdict rates BOBAEBANJUM B (Above average) and The Modern Halo D (Below average).

Metric	BOBAEBANJUM	The Modern Halo
Verdict Grade	BAbove average	DBelow average
Investment Range	$337K – $605K	$283K – $648K
Franchise Fee	$35K	$50K
Royalty Rate	5.0%	6.0%
Average Revenue (Item 19)	N/ANo Item 19 representation	$931KCompany-owned only · n=1
SBA Charge-Off Rate	N/A	N/A
Total Units	1	2
Unit Growth (YoY)	+1 units	+0 units
Year Began Franchising	2024	2025
FDD Year	2026	2025