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.

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

Franchise Costs


Franchise Fee
$35,000
Item 5 of FDD
Initial Investment Range
$349,000 $474,000
Low: $349,000High: $474,000
Item 7 of FDD
Royalty Rate
4.00%
of gross sales
Brand Fund
0.00%
Item 6 of FDD
Fixed Monthly Fees
$125 – $167
Item 6 of FDD

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

How Paik's Noodle Compares


FranchiseInvestmentFeeRoyaltyLocations
Paik's Noodle
Current
$349K – $474K$35K4.0%28
Tropical Smoothie Cafe$300K – $721K$35K6.0%1,371
TROPICAL SMOOTHIE CAFÉ$300K – $721K$35K6.0%1,371
FIREHOUSE SUBS RESTAURANTS (UNIT)$379K – $1.4M$20K6.0%1,248
Zaxby's$1.4M – $3.8M$35K6.0%826
Qdoba$548K – $1.3M$40K5.0%652
Fast Casual Average
107 franchises
$532K – $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

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.

Franchisee Contacts


28 franchisee contacts on file from official FDD filings.

NameSBA Loan
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active

28 Contacts Available

Unlock all Paik's Noodle franchisee contacts with verified contact information

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

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.

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