Question 1

How many Paik's Noodle franchise locations are there?

Accepted Answer

Paik's Noodle currently has 28 total units, including 28 franchised locations and 0 company-owned locations.

Question 2

Is the Paik's Noodle franchise system growing or shrinking?

Accepted Answer

Paik's Noodle has experienced positive net growth of +40.0% over the past year, with a 3-year compound annual growth rate (CAGR) of +23.1%.

Question 3

What is the franchise vs. company-owned ratio for Paik's Noodle?

Accepted Answer

Paik's Noodle has a franchise ratio of 100%, meaning 100% of all units are franchisee-owned. This is a heavily franchised system.

Question 4

How many Paik's Noodle franchise units have opened and closed recently?

Accepted Answer

In the most recent reporting year (2024), Paik's Noodle had 8 units opened and 0 units closed.