Cupbop FDD- Franchise Information, Costs and Fees
Type of Business
Cupbop Franchise, LLC franchises the right to operate a Cupbop® restaurant, offering Korean style barbeque rice cups, potstickers and other food and beverage products.
Corporate Information
Cupbop Franchise, LLC is a Utah limited liability company formed on November 14, 2014. They began offering franchises in March 2017. Their principal business address is 12184 South Business Park Drive, Suite C, Draper, UT 84020.
Investment
The total investment necessary to begin operation of a Cupbop® restaurant franchise is $283,500 to $634,200. This includes $40,000 that must be paid to the franchisor.
The franchisor may also, in its sole discretion, grant the right to develop multiple Cupbop restaurants under an Area Development Agreement. If you are granted the right to develop multiple restaurants, the total investment necessary to obtain such rights depends on how many restaurants you agree to develop. You must pay the initial franchise fee to the franchisor according to the following schedule: $40,000 for the first restaurant and $30,000 for each additional restaurant thereafter. You must pay the entire initial franchise fee for each restaurant upon execution of the Area Development Agreement. The typical number of Cupbop restaurants that we anticipate in an Area Development Agreement is between five and twenty. The total investment necessary for rights to begin development of this number of Cupbop restaurants is from $160,000 to $610,000 that you must pay to the franchisor.
