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FranchiseVerdict

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

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