Paik's Noodle
Paik’s Noodle franchises operate quick casual restaurants specializing in Korean-style Chinese noodle dishes prepared with proprietary sauces, along with complementary Korean-style Chinese menu items and beverages. The business model involves licensing the Paik’s Noodle brand and system to franchisees for locations in strip shopping centers, malls, and free-standing units. It targets customers seeking affordable specialty Asian fusion cuisine in casual dining settings.
Disclaimer: This information was extracted using AI from public Franchise Disclosure Documents and should be independently verified. This is not financial or legal advice. Always review official FDD filings before making investment decisions.
Overview
Financial Requirements
4% royalty + 0% ad fund (up to 1%) + $125-$167/mo computer systems maintenance fee
Franchise Stats
Financial Performance
Item 19 Financial Performance
This franchise did not provide Item 19 financial performance data.
Be careful if you are interested in investing. The lack of financial performance representations may indicate limited data or varying results across franchises.
Extracted Item 19 Section
How Paik's Noodle Compares to Other Fast Casual Franchises
| Franchise | Investment Range | Franchise Fee | Royalty | Locations |
|---|---|---|---|---|
Paik's Noodle Current | $349K - $474K | $35K | 4.0% | 28 |
| Tropical Smoothie Cafe | $300K - $721K | $35K | 6.0% | 1,371 |
| TROPICAL SMOOTHIE CAFÉ | $300K - $721K | $35K | 6.0% | 1,371 |
| FIREHOUSE SUBS RESTAURANTS (UNIT) | $379K - $1.4M | $20K | 6.0% | 1,248 |
| Zaxby's | $1.4M - $3.8M | $35K | 6.0% | 826 |
| Qdoba | $548K - $1.3M | $40K | 5.0% | 652 |
Fast Casual Average 107 franchises | $532K - $1.2M | $39K | 5.6% | - |
* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 107 Fast Casual franchises by location count.
Locations & Growth
Outlet Growth Over Time
Total outlets at end of each year
Geographic Distribution (2024)
Outlets by state across the United States
SBA Loan History
Historical SBA 7(a) loan data for Paik's Noodle franchisees (2017 - 2025)
Loans by Year
* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.
Franchisee Contacts
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Due Diligence
Litigation (Item 3)
No litigation involving franchisees reported in the FDD.
Bankruptcy (Item 4)
No bankruptcy history reported in the FDD.
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
Frequently Asked Questions
How much does it cost to open a Paik's Noodle franchise?
The total initial investment to open a Paik's Noodle franchise ranges from $349,000 to $474,000. This includes a franchise fee of $35,000. Ongoing royalty fees are 4.0% of gross sales.
How many Paik's Noodle franchise locations are there?
As of the 2025 FDD, Paik's Noodle has 28 franchise locations. The company has been franchising since 2014.
Can you get an SBA loan for a Paik's Noodle franchise?
Yes, SBA loans are available for Paik's Noodle franchises. Historical data shows 4 SBA 7(a) loans have been approved for Paik's Noodle franchisees, with an average loan amount of $394,500. The historical default rate is 0.0%.
Is Paik's Noodle a good franchise to buy?
Paik's Noodle shows several positive indicators: low SBA loan default rate. However, franchise success depends on many factors including location, local market conditions, and owner involvement. We recommend speaking with existing franchisees and consulting with a franchise attorney before making a decision.
Interested in Paik's Noodle?
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