Quick Verdict · who it fits
Jung Kwan Jang fits owner-operators looking for an emerging retail concept.
The numbers a buyer needs first — straight from the filing.
Franchise fee (Item 5)
$15K
Royalty (Item 6)
3%
System size (Item 20)
37 +2
Years in business
17+ yrs
Company-owned units
1
Model Jung Kwan Jang's costs in the investment calculator → Prefilled from this filing — startup cost, cash flow and break-even.
Data extracted from the 2025 FDD filed with state regulators. Fees and terms may have changed since filing — request the current FDD from the franchisor before deciding. Not legal, financial, or investment advice. Full disclaimer.
Drag to your projected annual sales. Royalty 3% on gross sales.
PROJECTED ANNUAL SALES$500,000
$100k$2M
Royalty (3%)
—
Total / year
—
▪ Of-sales fees only · excludes rent, labor, COGS, and one-time costs · for illustration
Closest concepts by category and investment.
| Brand | Item 19 | Fee | Investment | Royalty | Units |
|---|---|---|---|---|---|
| Jung Kwan Jang | None | $15K | — | 3% | 37 |
| AldeaSimilar price | None | $100K | — | 5% | 4 |
| 7-ElevenBiggest system | Disclosed | — | $163K - $1.7M | 45–56% | 7,274 |
| Byrider Franchising PartnersTop-rated in category | Disclosed | $60K | $947K - $1.6M | 1–2.5% | 81 |
Not sure Jung Kwan Jang is the one?
Answer five questions and get matched against 2,000+ analyzed FDDs — including every Retail brand we cover. Free, no account needed.
Free explainers to go deeper before you sign.
Brand Analysis
The '$0 franchise fee' is the bottom of a range, not the fee. 7-Eleven's 2026 FDD prices the Franchise Fee at $0 to $1,100,000 per store, and the ongoing 7-Eleven Charge is not just a royalty: Item 6 says it is also your lease of the store and equipment. Here is the full cost stack, line by line.
Brand Analysis
Ace Hardware Corporation is a retailer-owned cooperative, not a conventional franchisor. It counted 5,250 cooperative locations in the United States at the end of 2025, members buy stock rather than paying a royalty, and some states still deem those member-owned stores franchises.
Investment Guide
Laundromats are the most-Googled passive-income business, and 2026 is a strong moment for the category. Here's an honest breakdown of what laundromat franchises actually cost, how profitable they are, and which brands deserve a serious look.
Jung Kwan Jang requires a $15,000 initial franchise fee, per the most recent FDD on file.
Jung Kwan Jang is franchised by Korean Red Ginseng Corp., Inc., the franchisor entity of record on its Franchise Disclosure Document. Item 1 of the FDD discloses the franchisor's corporate history, parents, and predecessors.
No. Jung Kwan Jang does not include a financial performance representation in its FDD. Prospective buyers should rely on validation calls with existing franchisees and benchmark against industry medians.
Franchisees pay a royalty of 3% on gross sales as defined in Item 6 of the FDD.
As of their 2025 FDD, Jung Kwan Jang has 37 total locations, with 2 new locations opened in the most recent reporting year. This information comes from Item 20 of the FDD.
This page is part of VetMyFranchise. View all pages: llms.txt · llms-full.txt