Initial Investments
Typical initial investments during the application process for a Koryo Korean Barbeque franchise are as follows:
Phase 1 - $1,000 (Refundable) to release any company information
Phase 2 - $5,000 ($3,500 refundable if you do not move into Phase 3) paid before Issuance of the Franchise Agreement
Phase 3 - $4,000 ($1,000 refundable) upon execution of the Franchise Agreement
Four weeks prior to the commencement date of construction, a down payment for Launch of Franchise of $75,000.00 (plus applicable taxes) has to be paid.
The balance will be a progress payment, and the payment schedule will be provided.
The Total Turn Key Price is around $275,000 to $325,000 plus applicable taxes.
Investment levels vary by location and qualifications of applicant(s) and will be explicitly described once interested parties enter the application process.
Payment Methods
We accept payments through the following:
- Personal cheque/bank draft
Payable to Koryo Korean BBQ Franchise Corp.
Mailing address:
Jin Lee
103 830 Centre Ave. NE
Calgary, AB T2E 9C3
Canada
- Direct transfer
Direct Bank Deposit: TD Canada Trust
Account Name: Koryo Korean BBQ Franchise Corp.
Account #: 1305 404 901 640
Cheque # 80689 004 0864 5208657
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