Cheong Kwan Jang Ginseng Store Franchise Review
Franchise FactsCheong Kwan Jang Korean Ginseng Store is a retail store offering branded products that feature various consumer health supplement products.
How much does a Cheong Kwan Jang Ginseng Store franchise cost?Cheong Kwan Jang Ginseng Store has a franchise fee of up to $9,000, with a total initial investment range of $101,000 to $302,000.
- Initial Franchise Fee: $9,000
- Total Investment: $101,000 to $302,000
- Working Capital: $10,000 to $30,000
- Royalty Fee: 3.0%
The initial cost of a franchise includes several fees -- Unlock this franchise to better understand the costs such as training and territory fees.
How much does a Cheong Kwan Jang Ginseng Store franchise make?Franchise profits depend on a number of variables, including local demand for your product, labor costs, commercial lease rates and several other factors. Typically, franchise profits are proportionate to the size of investment. We can help you figure out how much money you can make by reviewing your personal situation. Please unlock this franchise for more information.
How many franchise locations do they have?As of the 2018 Franchise Disclosure Document, there are 30 franchised Cheong Kwan Jang Ginseng Store locations in the USA.
Are there any Cheong Kwan Jang Ginseng Store franchise opportunities near me?Based on 2018 FDD data, Cheong Kwan Jang Ginseng Store has franchise locations in 11 states. The largest region is the West with 13 franchise locations.
This franchise is expanding into new markets and might be available near you. One of our franchise experts will have detailed knowledge about this brand. Unlock to learn more and connect with our experts.
Last Reviewed: 2018
Cheong Kwan Jang Ginseng Store is graded based on our most recent research.
Cheong Kwan Jang Ginseng Store Franchise Stats
$101,000 - $302,000
Franchisee Outlet Growth
# of Franchised Outlets
Do they provide any initial training and opening assistance?Yes, they have an initial training program of 16 hours. This includes 16 hours of on-the-job training. In their FDD they outline who’s in charge of the training. Unlock to find out more.