10 /10
Lower than 0% of peers
9 /10
Lower than 12% of peers
Bibibop Asian Grill - Bibibop is a privately-owned restaurant franchise company that offers franchises for restaurants operating under the name "Bibibop Asian Grill" serving healthy meals. It features steamed rice, grilled meat and tofu, fresh vegetables with Asian inspired sauces and other menu items that we authorize from time to time.
We want to provide you with the information you need to make an informed decision about whether or not this opportunity is right for you. The restaurant industry is large and growing, but it's also highly competitive. You could open a restaurant anywhere in the world, but we are focused on serving our customers delicious Asian inspired food that will leave them coming back for more! Bibibop Asian Grill offers a unique dining experience with fresh ingredients, healthy options and fast service. Our menu items include rice bowls made from freshly cooked rice served in a hot stone bowl; Bibimbap (a traditional Korean dish consisting of meat, vegetables and fried egg served over steamed rice); hand-pressed organic tofu burgers; kimchi fries topped with spicy mayo sauce; signature bibimbap burger wrapped in lettuce instead of bread; chicken teriyaki salad made from grilled chicken breast chunks tossed with mixed greens & cucumber slices dressed in sesame v
10 /10
This franchise's rate of attrition in 2023
of 0.00%
was
Lower
than the 8% in the QSR industry. Generally speaking, a higher rate of attrition represents a less stable franchise system and a lower rate of attrition indicates a more successful system
What's Included in franchise attrition?
We define the franchisee attrition rate as the sum of terminations, re-acquisitions by
franchisor, non-renewals, and ceased operations, divided by the number of outlest at the start of the year.
It is a strong indicator of the strength of the underlying operating model
Employee Contact Database
Franchise Disclosure Documents
Franchisees typically require at least
$439,419 to
$925,024 investment to get their
Bibibop Asian Grill business started
Franchisees typically need to pay at least
$25,000 in fees directly to
Bibibop Asian Grill in order to earn the right to launch their business
We haven’t done the math on how much revenue a typical
Bibibop Asian Grill brings in each year. We estimate that other
franchisees in the Food & Beverage industry generate
$0 revenue, so we would expect
Bibibop Asian Grill to generate a similar amount
Bibibop Asian Grill franchisees are typically required to sign up to a
10 year contract initially. The renewal length
is 10 years. You can of course exit early but
don’t expect to get any refund!
9 /10
The Franchisor's investment costs ranges from
$177,500 to $341,000
which is
Much Lower
than the $619,545 to $1,693,635 average in the QSR industry
What determines the investment cost?
Item 7 of the
Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc
Franchises in the Same Industry
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