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Koryo Korean Barbeque

From a single man’s dream to a thriving reality…

Koryo Korean Barbeque, better known as Koryo, is the 'hottest' thing since sliced bread. Sounds like another flash in the pan cliché, but Koryo has discovered a whole new form of dining called Affordable Gourmet™

With tantalizing tastes such as juicy BBQ Chicken, savoury BBQ Beef dripping with delicious specialty sauces, and the famous Koryo Jumbo Combo featuring a succulent hunk of everything - you simply can’t resist the temptation! Since conception in 1997 many people including several distinguished food critics have had the opportunity to experience the sizzle of Korean fanfare at this dynamite new enterprise. 

About Our Franchise Opportunity

QUALITY FOOD CONTROL
Basic recipes will be supplied to Franchisees to promote consistency in foods offered in each location. Head Office encourages simplicity in daily operations by supplying sauces and other mixes. Franchisees will be responsible for monitoring the quality of food products on a day-to-day basis. The Division Manager will log observations on each location visit and coordinate follow up meetings as required.

CUSTOMER SERVICE
All staff and management in each location are trained to enthusiastically greet each and every potential patron of Koryo Korean Barbeque. Staffs are not only hired on the basis of how friendly and trainable they are, but also on their ability to offer professional service on a regular basis. Our way of business is to cultivate a fun and exciting working environment to hearten employees. All customers are serviced in a quick, friendly, and fun manner.
 
GROWTH & PROFITS
It is our philosophy to secure a high return on investments for Franchisees by nourishing long-term business practices. Franchisees are a key component to overall success of Koryo opportunities therefore; we ensure that each Franchisee is treated as a member of our team, partnered to achieve the same common goal. Koryo is built to resist the "flash in the pan" trend in new businesses today. Steady research into current and future demands will dictate many business decisions impacting the growth and profits of individual locations.

ONGOING SUPPORT
We are committed to offering ongoing support to each and every one of our valued franchisees. An assigned Division Manager will serve 3 functions:
1. To monitor the operations, development, and execution of business strategies in each individual location, as well as locations as a whole in specified areas.
2. To support franchisees with all facets of operational responsibilities including (but not limited to) management techniques, employee development, customer service excellence, food quality control, and cost control.
3. To educate through thorough training on the job and seminars chaired by members of the management team as well as outside sources.

EMPLOYEE DEVELOPMENT
We seek out and retain the best employees available, provide competitive compensation and profit sharing programs. Team and individual recognition is a constant focus and supported with Marketing Incentives. Franchisees have the option to implement long service award programs (making us an industry leader) to reward committed employees. In addition, high importance is always placed on employee learning and development. Regular performance evaluations and training sessions are available to motivate and educate employees. Suggestion boxes are available at every location as an added incentive for staff to offer the best possible service. 

Qualifications

Some basic factors which affect your qualification to franchise include: your personal net worth, liquid capital or investment money available, management experience, and credit record. The most important aspect of qualification, aside from financial availability, is your ability to adopt the Koryo culture or in other words, your business and personal attitude towards franchising. Koryo is a very unique venture which thrives on bringing strong, ethical and conscientious leaders into it’s business circle, or Team.

Benefits

Upon signing the contract, you will then have the right to use Koryo's trade name, trade marks, logo and style. Koryo's food taste and style are already known and accepted by the public, and therefore profit is foreseeable.

Trainings will also be provided directly from Koryo's head office to all our franchisees. A three-week training session will include one week of in-class or one-on-one lectures, reviewing company manuals; one week of hands-on experience in existing stores, and another week training during grand opening, polishing up any other areas where you may feel challenged. We will also provide our franchisee on-going help and support, and work towards mutual wellness. 

Koryo Franchise provides our franchisees the opportunity to obtain the highest potential profit with the least amount of inputting.

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Costs and Fees
Investment Required: $300,000- 350,000
Capital Required: $90,000
Franchise Fee: $10,000
Ongoing Royalty Payments: 5%
Advertising Fees: 1%
Other Fees: N/A
Terms of Agreement: 10 Years
Renewal Fee: $5,000
Franchisee Support
Financing: We have network with various financial institutions.
Franchisee Training: 1 week of handbook training, 1 week of on-field training in corporate store and 1 week of grand open
Franchisee Marketing Support: Graphics design and local advertising
Franchisee Operations
Number of Employees: 4-7
Absentee Ownership Allowed: Yes
Opportunities: Single Unit, Multi Unit
Franchisee Prerequisites
Net Worth: $150,000
Cash Liquidity: $90,000
Business Experience: None
Franchise Locations
Franchise Available: Alberta
British Columbia
Ontario
Quebec
Saskatchewan

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