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Paik's Noodle

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.

28locations
$349K–$474K
Since 2014
Food & BeverageLos Angeles, CAThe Born Korea Co., Ltd.www.paiksnoodleus.comDisclaimer

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Franchise Costs

Franchise Fee
$35,000
Initial Investment
$349,000 – $474,000
Royalty Rate
4.00%
Brand Fund
0.00%
Fixed Monthly Fees
$125 – $167

4% royalty + 0% ad fund (up to 1%) + $125-$167/mo computer systems maintenance fee

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

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Paik's Noodle Franchise Analysis

Paik's Noodle bursts onto the fast casual scene with Korean-style Chinese noodles that fuse bold flavors in quick-service spots, but its youth as a U.S. franchisor since 2014 sparks questions about scalability. FDD Item 19 stays silent on earnings, while SBA financing history and a recent location boom tease franchisee realities without full transparency. Can this niche player deliver returns amid modest expansion plans?

Financially, Item 7 pegs total investment at $349,000-$474,000, covering buildout for strip centers or malls, equipment, and initial inventory—mid-range for fast casual but hefty for a brand with just 28 units. The $35,000 franchise fee is standard, paired with a lean 4% royalty, no mandatory ad fund (though up to 1% possible), and a $125-$167 monthly computer fee that adds up to $2,000 yearly. No Item 19 disclosure is a red flag; without validated sales or profit figures, estimating breakeven relies on industry comps around $800K-$1M AUV for similar Asian quick-service, potentially yielding 15-20% owner profit after fees if volumes hit.

System metrics show promise but caution: locations jumped 40% from 20 in 2023 to 28 in 2024, with only 1 transfer and 2 projected new units signaling controlled growth over hype. Four SBA loans averaging $394,500 hint at viable financing, low default risk so far, yet the small footprint and foreign parent (The Born Korea Co., Ltd.) could mean supply chain vulnerabilities. For risk-tolerant investors eyeing Asian fusion trends, it's intriguing if you model conservative $700K+ sales; otherwise, proven earners like bibibop might edge it out.

Analysis based on the 2025 Franchise Disclosure Document. All figures should be independently verified before making investment decisions.

How Paik's Noodle Compares

FranchiseInvestmentFeeRoyaltyLocations
Paik's Noodle
Current
$349K – $474K$35K4.0%28
Tropical Smoothie Cafe$276K – $771K$35K6.0%1,650
TROPICAL SMOOTHIE CAFÉ$300K – $721K$35K6.0%1,371
FIREHOUSE SUBS RESTAURANTS (UNIT)$405K – $1.6M$20K6.0%1,249
Zaxby's$1.4M – $3.8M$35K6.0%826
Qdoba$548K – $1.3M$40K5.0%652
Fast Casual Average
107 franchises
$529K – $1.2M$39K5.6%

* 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

Top States
1CA
14
2TX
4
3IL
2
4MA
1
5NJ
1
6OR
1
7UT
1
8AZ
1
9WA
1
10CO
1
11GA
1

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SBA Loan History


Historical SBA 7(a) loan data for Paik's Noodle franchisees (20172025)

Total Loans
4
Average Loan
$394,500
Total Volume
$1.6M
Default Rate
0.0%

Loans by Year

SBA 7(a) loan activity over time

* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.

4 SBA loans on record

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Franchisee Contacts

28 franchisee contacts on file from official FDD filings.

28 Contacts Available

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Due Diligence


Litigation (Item 3)

Franchisee Cases0
No litigation involving franchisees reported

Bankruptcy (Item 4)

Bankruptcy HistoryNo
No bankruptcy history reported

System Health (Item 20)

Franchise system changes reported in the most recent fiscal year

Terminations
0
Non-Renewals
0
Reacquired
0
Ceased Ops
0
Transfers
1
Sold to Franchisees
0
Projected New
2

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Frequently Asked Questions

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.