About Paik's Noodle Franchise
Paik's Noodle is a Korean noodle restaurant franchise operated by Noodle J-1, Inc., under parent company The Born Korea Co.
Franchising since 2014, the brand brings authentic Korean noodle dishes to the fast casual dining market, offering a menu of traditional Korean noodle soups and related dishes that have made it one of the most popular casual dining brands in Korea.
The franchise fee is $35,000.
Paik's Noodle Franchise Cost & Fees
| Fee Type | Amount | Notes |
|---|---|---|
| Initial Franchise Fee | $35,000 | One-time payment upon signing |
| Royalty Fee | 4.0% of Net Sales of gross sales | Ongoing; paid monthly |
| Marketing/Ad Fund | 4.0% of Net Sales | National brand fund |
| Total Investment Range | $349,000 – $474,000 | Includes build-out, inventory, working capital |
The investment range of $349K–$474K reflects variability in build-out costs, store size, lease terms, and market. The combined royalty (4.0% of Net Sales) and marketing fee (4.0% of Net Sales) are ongoing costs paid as a percentage of gross sales.
Investment Breakdown (Item 7)
| Item | Low | High |
|---|---|---|
| Equipment & Furniture3 | $70,000 | $70,000 |
| Opening Inventory 4 | $5,000 | $5,000 |
| Insurance5 | $7,000 | $10,000 |
| Signage, Menu Board6 | $15,000 | $20,000 |
| Grand Opening Promotion7 | $5,000 | $5,000 |
| Cash Registers (POS) /Other Office Equipment8 | $5,000 | $15,000 |
| Initial Training Expenses9 | $0 | $4,000 |
| Security Deposit10 | $15,000 | $15,000 |
| Additional Funds – 3 months11 | $35,000 | $80,000 |
| TOTAL BASIC PACKAGE11 | $349,000 | $474,000 |
Additional Fees (Item 6)
| Fee Type | Amount |
|---|---|
| Transfer Fee | 4.0% of Net Sales |
| Renewal Fee | 50% of the then- current initial franchise fee |
| Technology Fee | 50% of the then- current initial franchise fee |
| Audit Fee | If we audit you and find that you understated Net Sales by 2.0% or more, you mus |
| Security Deposit | $15,000 |
| Replacement Manager Initial Training Fee | $300 |
| Interest | 1% per month or maximum legal interest rate |
| Relocation Fee | $3,000 |
| Updating or reconstruction of your Restaurant | $10,000 |
| EFT NSF Fee | $100 |
| Real Property/Site Lease1 | $7,000 |
| Equipment & Furniture3 | $70,000 |
| Opening Inventory 4 | $5,000 |
| Insurance5 | $7,000 |
| Signage, Menu Board6 | $15,000 |
| Grand Opening Promotion7 | $5,000 |
| Cash Registers (POS) /Other Office Equipment8 | $5,000 |
| Initial Training Expenses9 | $0 |
| Security Deposit10 | $15,000 |
Territory Rights (Item 12)
| Detail | Information |
|---|---|
| Territory Type | exclusive |
Renewal, Termination & Transfer (Item 17)
| Detail | Information |
|---|---|
| Renewal Term | One additional term of 10 years |
| Termination for Cause | We may terminate only if you default. |
Financing (Item 10)
| Detail | Information |
|---|---|
| Financing Available | No |
| Description | Does not offer financing. |
Paik's Noodle Franchise Earnings — Item 19
Paik's Noodle 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.
Paik's Noodle Litigation & Risk Flags
Litigation and bankruptcy data is sourced from Items 3 and 4 of the FDD. Always verify current status directly from the most recent FDD.
Paik's Noodle System Growth
Paik's Noodle currently operates 1 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 | 13 | ||
| 2020 | 1 | ||
| 2020 | 14 | ||
| 2021 | 15 | ||
| 2021 | 1 | ||
| 2021 | 16 | ||
| 2022 | 15 | ||
| 2022 | 1 | ||
| 2022 | 16 |
Paik's Noodle Franchise — FAQ
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