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FranchiseVerdict

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3 brands side-by-side

Compare up to 4 brands side by side

indicates the clear winner per row. Ties and missing data are not highlighted.

Brand
Gong cha logoATop Quintile
Gong cha
Quick-Service Restaurants
Remove
Millie’s Homemade Ice Cream logoATop Quintile
Millie’s Homemade Ice Cream
Quick-Service Restaurants
Remove
Heuk Hwa Dang logoFBottom Quintile
Heuk Hwa Dang
Quick-Service Restaurants
Remove
Vitals
Investment range
$185K – $627K
$254K – $557K
$304K – $505K
Liquid capital
$10K – $87K
$15K – $25K
$10K – $50K
Franchise fee
$35K
$50K
$40K
Royalty rate
6.0%
5.5%
5.0%
Ad fund rate
1.0%
2.0%
1.0%
Performance
Avg gross sales
$440K
$380K
N/A
Median gross sales
$401K
$424K
N/A
Avg owner earnings
Metric varies by brand. Check type below
N/A
N/A
N/A
Earnings metric
Not classified
Not classified
Not classified
Risk
Rating
ATop Quintile
ATop Quintile
FBottom Quintile
Risk score
31 / 100
32 / 100
90 / 100
SBA charge-off rate
0.0%
0.0%
N/A
SBA loans on record
15
2
N/A
Scale
Total units
6
14
4
Net change (latest yr)
N/A
N/A
N/A
Turnover rate
0.0%
0.0%
50.0%
Contract
Initial term (years)
10
10
5
Renewal term (years)
10
5
1
Initial training (hrs)
91
104
41
Contacts
Franchisee phones
98
13
10

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