Worth It?HistoryDatabaseCompareDistress SignalsFDD Changes
OtherNo Item 19Item 19: ✗ Not DisclosedQuality: 75/100

Cheong Kwan Jang

Based on 2022 FDD · 5 filings in corpus

FranchiseIQ Score
64
C
Moderate Risk
Composite score based on SBA default rate, unit growth, disclosure quality & investment efficiency.
Full analysis unlocks:
✓ Cash-on-Cash return
✓ Payback period
✓ SBA default rate
✓ Red flags assessment
✓ Comparable franchises
Get Access to Pro →Already have access? Sign in →
Total Investment Range$112K – $322K
MinMid: $217KMax

Key Metrics

Franchise Fee
$15K
Royalty Rate
3%
Ad Fund Rate
3%
Total Burden
6.0%
Royalty + ad fund
Units (2023)
3
Net Unit Growth
→ —
Year over year
Cash-on-Cash Return
~8–15%
Annual estimated return
Payback Period
~5–12 yrs
Break-even timeline
SBA Default Rate
0.0%
vs ~7.2% industry avg
Median Revenue
~$800K–$2M
Item 19 disclosed
Red Flags Assessment
HIGH: Missing Item 19 disclosure
HIGH ×1
Premium Data

Unlock Full Franchise Analysis

SBA default rate, Risk Score, CoC%, investment benchmarks, and unit growth for Cheong Kwan Jang.

Get Access to Pro →

Or sign in if you already purchased

Estimated using sector-average margins. Actual franchise economics vary by location, operator, and market conditions.

Cheong Kwan Jang vs. Other Average

MetricCheong Kwan JangOther Avg
SBA Default Rate0.0%▲7.2%
Cash-on-Cash Return—15.5%
Total Investment$217K$250K

Industry averages based on FranchiseIQ corpus benchmarks. ▲ = better than avg, ▼ = worse.

Compare

Cheong Kwan Jang vs PROSECheong Kwan Jang vs Goldeneye Corporate ServicesCheong Kwan Jang vs 1-800-Services, LLC

Similar Franchises · Other

PROSE
Limited Data
$329K–$570K
Goldeneye Corporate Services
Limited Data
$3K–$58K
1-800-Services, LLC
$75K–$242K
PROSE
$329K – $570K
Goldeneye Corporate Services
$3K – $58K
1-800-Services, LLC
$75K – $242K
Streamline Brands
$40K – $1.5M

Questions to Ask Before You Sign

5 data-driven questions every Cheong Kwan Jang franchise buyer should ask.

  1. 1.What is Cheong Kwan Jang's SBA default rate compared to its competitors?Learn more →
  2. 2.Does Cheong Kwan Jang disclose Item 19 financial performance representations?Learn more →
  3. 3.What is the net unit growth trend over the past 3 years?Learn more →
  4. 4.What is the franchisee termination and transfer rate per Item 20?Learn more →
  5. 5.What do the FDD litigation disclosures (Item 3) reveal about franchisor legal history?Learn more →
Generate attorney questions for Cheong Kwan Jang →Validation call guide →

Explore Other Franchises

Other OverviewAll IndustriesQSRHome ServicesFitnessAutoBeautyCleaningEducationSenior Care
Data sourced from publicly filed Franchise Disclosure Documents (FDDs) submitted to state franchise regulators. SBA loan data from public SBA 7(a) records. Information reflects the most recent FDD filing in our database and may not reflect current terms. Always verify with the franchisor's current FDD before making any investment decision. Not legal or financial advice.