Dae Gee offers Korean barbeque dining experiences with state-of-the-art grills for customers to cook their own meals. The franchise combines fresh ingredients with a fun, interactive dining experience featuring proprietary sauces and marinades.
Key Insights
- Dae Gee started with a clear vision to establish new benchmarks of excellence within their field, combining industry expertise with customer-focused innovation to create sustainable competitive advantages that benefit both franchisees and the communities they serve.
- Staff coordination ensures seamless service from initial greeting through final payment while maintaining attention to detail and customer satisfaction, utilizing communication systems and training programs that support consistent, professional service delivery across all shifts.
- Industry trends favor businesses that can adapt quickly to changing regulations, customer preferences, and market conditions while maintaining quality standards, creating competitive advantages for organizations that invest in training, technology, and customer-focused service approaches.
Franchise Fee and Costs to Open
Exploring the financial picture of Dae Gee gives insight into both the upfront commitment and the potential revenue opportunity. According to FDD Item 7, opening this franchise typically involves an investment in the range of $479,875 - $948,625, along with a franchise fee of $45,000 - $45,000.
Financial Performance and Revenue
Yearly gross sales of $1,143,474 and estimated earnings of $80,044 - $114,348 show the potential financial performance of this franchise. These figures are crucial for prospective franchisees as they help to project revenue and profitability. They offer insight into the business's ability to generate income and can be used to compare its performance against other investment opportunities. The Franchise Payback Period of 7.8-9.8 provides an estimation of the time it might take for an owner to recover their initial investment. This metric is a key consideration for anyone evaluating the financial viability of a franchise, as it relates directly to the speed at which the business can become profitable. A shorter payback period can indicate a faster return on capital, which is a significant factor in making an informed decision about a franchise investment.
Training and Resources
Dae Gee provides comprehensive training for new franchisees. This program offers foundational knowledge and practical skills. Initial training is approximately two weeks in length and takes place at Dae Gee's corporate location. Dae Gee also offers ongoing support and resources throughout the franchise journey.
Legal Considerations
Legal considerations for a Dae Gee franchisee are defined by the Franchise Disclosure Document (FDD) and the Franchise Agreement. This franchise does not disclose lawsuits or bankruptcy information in its FDD, but prospective franchisees should still review all terms thoroughly. Consultation with a qualified attorney is essential before making commitments.
Challenges and Risks
Operating a franchise in the competitive restaurant landscape presents several considerations. Navigating local market dynamics, understanding diverse consumer preferences, and adapting to a dynamic culinary scene are key. The inherent complexity of restaurant operations, from staffing to food preparation, requires meticulous management. Furthermore, reliance on established supply chains necessitates robust vendor relationships and contingency planning to ensure consistent product availability and quality.
Franchise Datasheet
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