Question 1

How much does it cost to open a Heuk Hwa Dang franchise?

Accepted Answer

The total initial investment for a Heuk Hwa Dang franchise ranges from $304K to $505K, according to the latest Franchise Disclosure Document (FDD).

Question 2

What is the Heuk Hwa Dang franchise fee?

Accepted Answer

The initial franchise fee for Heuk Hwa Dang is $40K.

Question 3

What are the net worth requirements for a Heuk Hwa Dang franchise?

Accepted Answer

Net worth requirements for Heuk Hwa Dang are specified in the Franchise Disclosure Document.

Question 4

Does Heuk Hwa Dang require a personal guarantee?

Accepted Answer

Yes, Heuk Hwa Dang requires a personal guarantee from franchisees. A spousal guarantee is also required.

Question 5

What equipment and inventory costs are involved with a Heuk Hwa Dang franchise?

Accepted Answer

Equipment costs for a Heuk Hwa Dang franchise range from $45K to $55K. Initial inventory costs range from $13K to $18K.