Paik's Noodle charges a royalty fee of 4.0% of gross sales (2025 FDD). This ongoing fee is typically paid weekly or monthly to the franchisor for continued use of the brand and support systems.

The total ongoing fee rate for a Paik's Noodle franchise is approximately 5.0% of gross sales (2025 FDD). This includes the royalty fee, a 1.0% marketing/advertising fund contribution, and other recurring charges.

Paik's Noodle has been involved in 0 litigation cases over the past 3 years (2025 FDD). There are no class action lawsuits pending.

No, the Paik's Noodle franchisor has no bankruptcy filings in their disclosure history (2025 FDD).

Paik's Noodle offers exclusive territory rights to its franchisees (2025 FDD). The franchise agreement includes encroachment protection, preventing the franchisor from placing another unit in your territory. Online sales are managed by the franchisor, not individual franchisees.

Paik's Noodle currently operates 28 locations (2025 FDD) (28 franchised, 0 company-owned). The system grew by 40.0% over the past year. The 3-year compound annual growth rate is 23.1%.

The 1-year franchisee turnover rate for Paik's Noodle is 0.0% (2025 FDD). This includes closures, terminations, non-renewals, and transfers. A lower turnover rate generally indicates higher franchisee satisfaction and system stability.

Paik's Noodle does not include an Item 19 financial performance representation in their FDD (2025 FDD). This means the franchisor has chosen not to disclose revenue, profit, or other financial figures in the Franchise Disclosure Document.

The initial franchise agreement term for Paik's Noodle is 10 years (2025 FDD). Franchisees can renew 1 time for 10-year periods. The total potential term is 20 years.

Paik's Noodle's post-termination non-compete clause restricts former franchisees from operating a competing business for 1 year within 3 miles of the former location (2025 FDD).

Yes, Paik's Noodle's franchise agreement requires mandatory arbitration for dispute resolution (2025 FDD). The agreement includes a jury trial waiver.

Paik's Noodle provides 73 hours of initial training over approximately 2 weeks (2025 FDD). Ongoing field support is provided on a as-needed basis.

Yes, Paik's Noodle provides site selection assistance to help franchisees find the right location (2025 FDD). The franchisor also provides technology support and systems.