About Corndogs by Mr. Cow Franchise
Corndogs by Mr.
Cow is a quick service restaurant franchise specializing in Korean style hot dogs, cheese sticks, soda beverages, and other specialty food items.
The menu features exclusive recipes, sauces, and preparation techniques that deliver a distinctive take on a classic snack food.
Corndogs by Mr. Cow Franchise Cost & Fees
Minimum Investment
$144K
Average Investment
$203K
Maximum Investment
$262K
| Fee Type | Amount | Notes |
|---|---|---|
| Initial Franchise Fee | $25,000 | One-time payment upon signing |
| Royalty Fee | 4% of Gross Revenues of gross sales | Ongoing; paid monthly |
| Marketing/Ad Fund | 1% of Gross Revenues | National brand fund |
| Total Investment Range | $144,000 – $262,000 | Includes build-out, inventory, working capital |
The investment range of $144K–$262K reflects variability in build-out costs, store size, lease terms, and market. The combined royalty (4% of Gross Revenues) and marketing fee (1% of Gross Revenues) are ongoing costs paid as a percentage of gross sales.
Investment Breakdown (Item 7)
| Item | Low | High |
|---|---|---|
| Initial Franchise Fee | $25,000 | $25,000 |
| Travel and living expenses while attending Initial Training | $3,000 | $5,000 |
| Grand opening advertising and promotion | $5,000 | $10,000 |
| Real property lease (including the security deposit) | $7,000 | $10,000 |
| Equipment, fixtures, other fixed assets, construction, remodeling, leasehold improvements, and decorating costs | $70,000 | $150,000 |
| Point of Sale system and business computers | $2,500 | $4,000 |
| Opening inventory and supplies | $7,000 | $10,000 |
| Interior/exterior signs and graphics | $2,000 | $5,000 |
| Professional fees - legal and accounting | $1,500 | $2,500 |
| Business insurance | $2,000 | $3,000 |
| Business license, permits and other miscellaneous opening costs | $4,000 | $12,500 |
| Additional funds – 3 months | $15,000 | $25,000 |
Additional Fees (Item 6)
| Fee Type | Amount |
|---|---|
| Transfer Fee | $7,500 |
| Renewal Fee | $1,000 |
| Audit Fee | Cost of audit plus interest on underpayment |
| Additional Advertising and Promotion Assessment | Amount of assessment (variable) |
| Initial Training Fee for Additional Attendees | Up to $1,500 (for each attendee) |
| Additional Training Fee | Up to $750 (per person per day) |
| Indemnification of Franchisor against Losses | All “Losses”, as defined in section 16.2 of the Franchise Agreement (variable) |
| Fee for Interim Manager | Variable daily charge for up to 90 days |
| Late Payment Penalty | 5% of the amount past due |
| Interest Charged | Annual Percentage Rate (“APR”) of 18% on the amount past due |
| Costs of Collection | Cost of collection of delinquent amounts (variable) |
| Reimbursement for Curing Franchisee Defaults | Cost incurred to cure your defaults (variable) |
| Attorneys’ Fees | Reasonable legal fees and other “Expenses” (as defined in section 16.2(e) of the Franchise Agreement) (variable) |
| De-identification Enforcement Expense | Costs and related expenses for de-identification (variable) |
Training Program (Item 11)
| Detail | Information |
|---|---|
| Total Duration | 14 days |
| Classroom Training | 32 hours |
| On-the-Job Training | 68 hours |
| Training Location | Gwinnett County, Georgia |
| Additional Training | After the Store opens, the franchisor may require the Store Manager, Principal Equity Owners, and other designated personnel to attend additional training courses, seminars, conferences, or programs. The franchisor may charge up to $750 per person per day for these additional training sessions, with franchisees responsible for travel, lodging, and meals. |
Territory Rights (Item 12)
| Detail | Information |
|---|---|
| Territory Type | Protected |
| Exclusive Territory | No |
| Description | Franchisees receive a protected territory within a defined geographical area around their Store, based on population density and depicted in a map in Exhibit 1 of the Franchise Agreement. As long as the franchisee fulfills their material obligations, the franchisor will not grant another Corndogs by Mr. Cow franchise or operate a Corndogs by Mr. Cow Store within that territory. However, the territory is not exclusive, and franchisees may face competition from other channels of distribution or competitive brands controlled by the franchisor. |
Renewal, Termination & Transfer (Item 17)
| Detail | Information |
|---|---|
| Initial Term | 5 years |
| Renewal Term | additional five-year terms |
| Renewal Fee | $10,000 |
| Renewal Conditions | To renew, franchisees must provide written notice 120 days before the term ends, sign a Renewal Franchise Agreement (which may have materially different terms), remodel the Store if necessary, pay a $10,000 renewal fee, and execute a release of claims. Franchisees must also be solvent and in good standing with all obligations. |
| Transfer Fee | $7,500 |
| Transfer Conditions | Transfers require franchisor approval, which will not be unreasonably withheld. Conditions include the new franchisee qualifying, payment of the transfer fee, approval of the purchase agreement, arrangement for training, a release signed by the transferring franchisee, and a new agreement signed by the transferee. |
| Termination for Cause | The franchisor can terminate the Franchise Agreement only if the franchisee is in material default. Curable defaults typically have a 30-day cure period, while non-curable defaults (e.g., bankruptcy, abandonment, repeated non-compliance, felony conviction) may result in immediate termination. |
| Non-Compete Period | 1 year |
| Non-Compete Details | During the franchise term, franchisees cannot be involved in any competing business anywhere. After termination or expiration, franchisees cannot be involved in any competing business for one year within 25 miles of their former Store or any other Corndogs by Mr. Cow Store. These covenants also apply to Principal Equity Owners and managers. |
Operations & Supply (Items 8 & 15)
| Detail | Information |
|---|---|
| Owner-Operator Required | Yes |
| Participation Details | Principal Equity Owners are expected to personally participate in the direct "on premises" management and operation of the Store. Each Principal Equity Owner (and their spouse, if applicable) must sign a Guarantee of Franchise Agreement. Franchisees must employ a designated Store Manager (who must be a sole proprietor or a Principal Equity Owner with at least 50% equity ownership if an entity) who has successfully completed initial training and will devote full time during normal business hours to the management and operation of the business. |
| Required Suppliers | Franchisees must purchase or lease the designated Clover POS system and merchant services from Omega Merchant. All proprietary products for Corndogs by Mr. Cow Products must be purchased from FR, an affiliate. Additionally, graphic interior accessories, menu boards, food pictures, media advertising and promotion materials, uniforms, and any goods bearing Corndogs by Mr. Cow trademarks and logos must be purchased from designated suppliers. |
| Supply Restrictions | Franchisees must purchase items bearing the franchisor's trademarks only from the franchisor, its affiliated companies, or other reputable suppliers. All fixtures, equipment (including food preparation and storage), display cases, storefront, supplies, and signs must meet the franchisor's specifications and standards. Only signs, emblems, lettering, logos, and display materials approved in writing by the franchisor may be displayed. |
| Franchisor Revenue from Suppliers | In 2022, neither the franchisor nor its affiliates derived revenue, rebates, or other material consideration from required franchisee purchases. However, the franchisor anticipates deriving such revenue in the future. Payments to the franchisor and purchases from designated/approved vendors will range from 17% to 25% of the total initial investment and 30% to 35% of total monthly operating expenses. |
Financing (Item 10)
| Detail | Information |
|---|---|
| Financing Available | No |
| Description | The franchisor does not offer direct or indirect financing, nor does it guarantee any franchisee's notes, leases, or obligations. |
Corndogs by Mr. Cow Franchise Earnings — Item 19
Corndogs by Mr. Cow does not make an Item 19 financial performance representation in their FDD. This means they do not disclose revenue, profit, or earnings data for franchised locations. Before investing, ask the franchisor directly for franchisee contact information so you can speak with existing owners about their actual financial performance.
Corndogs by Mr. Cow does not include an Item 19 financial performance representation in their FDD. Contact information for current and former franchisees is listed in Item 20 of the FDD.
Corndogs by Mr. Cow Litigation & Risk Flags
Clean Litigation RecordCorndogs by Mr. Cow has no pending litigation actions listed in their FDD. There is also no bankruptcy history disclosed.
Litigation and bankruptcy data is sourced from Items 3 and 4 of the FDD. Always verify current status directly from the most recent FDD.
Corndogs by Mr. Cow System Growth
Total Units
13
Franchised
13
Company-Owned
0
Corndogs by Mr. Cow currently operates 13 franchised locations and 0 company-owned units. Unit count data is sourced from Item 20 of the FDD.
Unit History (Item 20)
| Year | Opened | Closed | Total |
|---|---|---|---|
| 2020 | 2 | 0 | 3 |
| 2021 | 0 | 0 | 3 |
| 2022 | 10 | 0 | 13 |
Transfers: 0 | Closures: 0
State Registrations
Registered in 14 states: CA, HI, IL, IN, MD, MI, MN, NY, ND, RI, SD, VA, WA, WI
Franchisor Financials (Item 21)
Revenue
$191K
Net Income
$-68,637
Total Assets
$330K
Audited by PNJK Partners, LLP for year ending December 31, 2022.
Corndogs by Mr. Cow Franchise — FAQ
The total investment to open a Corndogs by Mr. Cow franchise ranges from $144,000 to $262,000, per their Franchise Disclosure Document. This includes the initial franchise fee of $25,000. The investment covers build-out, inventory, equipment, signage, working capital, and other startup costs.
Corndogs by Mr. Cow charges a royalty fee of 4% of Gross Revenues of gross sales, plus a 1% of Gross Revenues contribution to the marketing/advertising fund. These fees are paid on an ongoing basis.
You can download the Corndogs by Mr. Cow Franchise Disclosure Document free on this page. The FDD is a public document filed with state franchise registries. Always also request the current FDD directly from Corndogs by Mr. Cow to ensure you have the most up-to-date version.
Corndogs by Mr. Cow does not provide an Item 19 financial performance representation in their FDD, which means they do not disclose franchisee revenue or earnings data. Prospective investors should contact existing franchisees directly (listed in Item 20 of the FDD) to gather real-world financial performance information.
Corndogs by Mr. Cow has been franchising since 2022. The FDD shows an investment range of $144,000-$262,000, a 4% of Gross Revenues royalty, and no Item 19 earnings disclosure. There is no pending litigation. Review the full FDD and contact current franchisees listed in Item 20 before making any investment decision.
The franchise fee is $25,000 and the total investment ranges from $144,000 to $262,000 depending on location size and market. Contact the franchisor directly for current net worth and liquid capital requirements, territory availability, and application details.
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Data Source & Disclaimer: This website is for informational purposes only. It is not an offer to sell or buy a franchise. This profile is based on publicly available FDD data sourced from state franchise registry filings. All information is for research purposes only and does not constitute legal, financial, or investment advice. Data may be outdated or contain errors. Always obtain the current FDD directly from Corndogs by Mr. Cow and consult a qualified franchise attorney before making any investment decision. FranchiseOverview.com is operated by Franchising Compliance, LLC and is not affiliated with Corndogs by Mr. Cow or any of its subsidiaries. To report an inaccuracy: info@franchiseoverview.com