In the case ofNakwon Gopchang, only one directly operated store remains.
Although it is registered in the franchise information disclosure documents, there has been no expansion of franchised stores.
Brands without any store locations are effectively considered to have withdrawn from business.
However, TheBorn Korea comes off as struggling to maintain even headquarters-level operations.
Except for key brands likePaiks Coffee,Hong Kong Banjeom, andYeokjeon Udon, overall growth is slowing down.
However, recent owner-related risks have led to a simultaneous decline in brand trust and franchisee retention.
SEE ALSO:Netflixs ‘Culinary Class Wars’ Season 2 continues filming amid Baek Jong Won controversy
