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TaKorean

Takorean combines delicious korean inspired flavors with latin-american style, presentation and sensibility. Whether customers prefer a salad, a white or brown rice bowl, or our signature korean tacos - takorean appeals to meat lovers and vegans alike.

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TaKorean

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TaKorean Franchise Cost and Requirements for 2024

Background

TaKorean is a fast-casual Korean-inspired restaurant serving up build your own rice bowls, salads, and Korean Tacos with a Latin-American twist.

Whether customers prefer a salad, a white or brown rice bowl, or our signature korean tacos - takorean appeals to meat lovers and vegans alike. Our fully customizable menu offers five carefully curated proteins, an array of slaws, hand-crafted sauces, toppings, and garnishes to create deeply flavorful and satisfying dishes.

Company Details

Established: 2010
First Unit Franchised: N/A
Franchised Units: 0
Company Owned Units: 2
States Registered In: Alabama - AL, Alaska - AK, Arizona - AZ, Arkansas - AR, Colorado - CO, Connecticut - CT, Delaware - DE, Florida - FL, Georgia - GA, Idaho - ID, Iowa - IA, Kansas - KS, Kentucky - KY, Louisiana - LA, Maine - Maryland MD, ME, Massachusetts - MA, Mississippi - MS, Missouri - MO, Montana - MT, Nebraska - NE, Nevada - NV, New Hampshire - NH, New Jersey - NJ, New Mexico - NM, North Carolina - NC, North Dakota - ND, Ohio - OH, Oklahoma - OK, Oregon - OR, Pennsylvania - PA, South Dakota - SD, Tennessee - TN, Texas - TX, Utah - UT, Vermont - VT, Virginia - VA, West Virginia - WV, Wyoming - WY
Canada Franchises: No
International Franchises: Yes - Open to conversations that would lead us to producing the correct documents accordingly.

Support and Training Offered By TaKorean

Financial Assistance Provided: No
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Recruiting Assistance: Yes
Cooperative Advertising: Yes
Training:
10 Days of immersive restaurant operations and leadership training at our location. A minimum of 7-days of on-site pre-opening training and grand opening support.

2024 Franchise Requirements Needed to Own a TaKorean Franchise.

What does a TaKorean Franchise Cost?

TaKorean franchise fees for 2024:

Total Investment: $215,500 - $781,500
Minimum Net Worth: $500,000
Minimum Liquid: $200,000
Franchise Fee: $40,000 for 1st unit, $30,000 for each additional unit in a multi-pack
Royalty: 4%
Ad: 1%-2%
Item 19: Yes
Average Number of Employees: 15
Visa Candidates: Yes
Passive Ownership: No
Semi-Passive: Yes
Home-Based: No
B2B: No
Master Franchise Opportunities: Yes
$20,000 Veterans' Discount on first unit: Starting January 1, 2023

Is TaKorean a Semi Absentee Franchise with a Passive Ownership Opportunity?

Yes. TaKorean is a semi absentee franchise and allows passive ownership. A semi-absentee franchise is a business you could start and run while still maintaining a job or other obligation.

Is TaKorean a Home Based franchise?

No. TaKorean is not a home based franchise opportunity.

What Do TaKorean Franchise Owners Make?

Click here to find out how much TaKorean franchisees make. TaKorean offers an Item 19 in their Franchise Disclosure Document which provides financial information about select franchisees in their franchise system.

Is TaKorean a Master Franchise Opportunity?

Yes. TaKorean is a master franchise opportunity. A master franchisee is responsible to recruit, train and support franchisees in their territory.

Does TaKorean Offer a Veteran Discount?

Yes. TaKorean franchise does offer a veteran discount.

Does TaKorean Work with E2 Visa and EB-5 Visa Candidates?

Yes. TaKorean franchise does work with E2 Visa and EB-5 Visa candidates.

Is TaKorean Looking for Franchisees in Canada?

No. TaKorean franchise is not looking for Canada franchisees.

Is TaKorean Looking for International franchisees?

Yes. TaKorean franchise is looking for International franchisees.

Where can I see TaKorean's FDD (Franchise Disclosure Document)?

Buying a Franchise Guide: What is a Franchise Disclosure Document?

When evaluating a franchise opportunity, reading and understanding the current version of their FDD is a necessity. Considering the benefits of franchising, such as established brand recognition and support from the franchisor, it's important to also take into account franchise fees and franchising royalty fees. Since most franchisors are privately owned companies, the current versions of their FDDs are typically not available unless requested directly from them.

Click here to connect with a Franchise Consultant who can help you obtain a copy quickly and for free. They can also guide you through the essential franchise questions to ask, ensuring you make a well-informed decision about your investment.

Additional Information

Additional Categories

Food & Restaurants

Number of Units Open

LESS THAN 20 UNITS

Cash Required

$100,000 - $250,000

Master Franchise

Yes

Passive Franchise

Yes

Home Based Franchise

No

Item 19 Franchise

Yes

Veteran Discount

No

B2B

No

Franchise Opportunities in Canada

No

International Franchise Opportunities

Yes

E2 Visa Franchise

Yes

TaKorean Franchises for Sale

Click Here to inquire about existing TaKorean franchises for sale. We may have TaKorean franchise resales. A franchise resale is an already established franchise owned by a franchisee and the franchisee is looking to sell their franchise.

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The International Franchise Professionals Group (IFPG) is an internationally recognized membership-based franchise organization. IFPG Franchise Consultants guide aspiring business owners through the process of identifying and investing in franchise businesses. The IFPG represents more than 550 franchises. We do not represent all franchises listed here. By clicking on "Request a Consultation," you are agreeing to be contacted by one of our Certified Franchise Consultants to discuss franchise ownership.

About our rankings: The IFPG uses its internal data collected from our membership portal to identify which franchises had the most activity in the past week. This ranking system is not based on franchise sales, franchisee success rates or number of units open. Our ranking system should not be used to make a decision on which franchise to buy it was solely created for internal purposes and for our IFPG Members.

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