Bornga

Bornga

Information based on 2022 FDD

Food & Beverage · Asian

Investment min
$710K
Total: $710K–$1M
Avg gross revenue
N/A
Unit-level, 2022
Franchise fee
$100K
Per current disclosure
Royalty
3.5%
of gross revenue
Locations
Franchising since 2015

Description

What is Bornga?

Bornga represents an exciting opportunity in the Asian restaurant sector, bringing authentic Korean BBQ and cuisine to the American market. As a relatively young franchise concept established in 2011, Bornga has positioned itself to capitalize on the growing popularity of Korean cuisine in the United States.

The franchise concept centers around creating an immersive Korean dining experience, where traditional flavors meet modern presentation. Guests can enjoy the interactive experience of grilling premium meats at their table, accompanied by an array of authentic banchan (side dishes) that showcase the depth and variety of Korean cuisine.

What sets Bornga apart is its commitment to maintaining authentic Korean flavors while creating an accessible dining experience for diverse customers. The restaurant's menu features carefully curated recipes that balance traditional Korean tastes with contemporary dining preferences, making it appealing to both Korean food enthusiasts and newcomers to the cuisine.

As a franchise opportunity, Bornga provides comprehensive training programs and operational support to help franchisees successfully manage their restaurants. The business model is designed to maintain consistent quality across locations while allowing owners to benefit from the growing market for Asian cuisine in North America.

For entrepreneurs passionate about food service and interested in bringing authentic Korean dining experiences to their communities, Bornga offers a unique opportunity to enter the thriving Asian restaurant market. The concept is well-positioned to capture the increasing consumer interest in Korean culture and cuisine, making it a potentially rewarding venture for the right investor.
  • Established franchise system since 2011
  • Premium upscale restaurant positioning
  • Authentic Korean BBQ dining experience
  • Interactive tableside grilling concept
  • Specialized Korean cuisine focus
  • Over a decade of operational refinement

Location Analysis

Where Bornga wins

Bornga, a Korean BBQ franchise established in 2011, currently shows limited market presence in the United States, presenting both challenges and opportunities for potential franchisees. As an emerging brand in the Asian restaurant sector, Bornga has the potential to capitalize on the growing popularity of Korean cuisine in major metropolitan markets.

While the limited existing presence means there's minimal historical performance data to analyze, this creates an opportunity for first-mover advantages in key markets. Ideal locations for Bornga franchises would be in areas with high Asian population density, strong dining-out demographics, and proven success of similar Korean BBQ concepts. Prime target markets include metropolitan areas with significant Korean-American communities across major coastal regions and emerging inland markets.

Prospective franchisees should focus on locations with the following characteristics: proximity to urban centers or affluent suburbs, areas with median household incomes above $75,000, strong lunch and dinner traffic patterns, and retail spaces between 2,500-3,500 square feet. Key demographic indicators should include a high concentration of young professionals, cultural diversity, and demonstrated interest in authentic Asian cuisine.

While the emerging market presence presents some risk, it also offers the opportunity to shape market development and secure prime territories in an expanding segment of the restaurant industry.
Total US locations
N/A
Franchise units
N/A
Corporate locations
0
Avg. sq. footage
N/A
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Financial Analysis

The numbers behind Bornga

Avg gross revenueN/A
Investment range$710,000 – $1,165,000
Investment midpoint$937,500
Brand fund1%
Royalty3.5%
Franchise fee$100,000
Min. net worth
Min. liquid capital
Bornga requires a substantial investment of $710,000-$1,165,000, positioning it in the premium tier of Asian franchise concepts. This investment range significantly exceeds the sub-sector average of $380,048-$797,206, reflecting the brand's upscale positioning and comprehensive restaurant buildout requirements including specialized equipment and premium interior design.

The Asian food franchise sector continues experiencing robust growth driven by increasing consumer demand for authentic ethnic cuisines and experiential dining concepts. With 61 franchises operating in this sub-sector averaging $377,891 in gross revenue, the market demonstrates established viability, though revenue data for Bornga is not currently available.

Established in 2011, Bornga represents a mature franchise system with over a decade of operational development. The number of active franchise units is undisclosed, requiring thorough evaluation of system infrastructure and franchisor support capabilities through FDD review.

The premium investment level demands substantial liquid capital, with ideal candidates possessing $300,000-$400,000 in liquid assets and restaurant industry experience. The concept suits high-traffic locations with diverse demographics and higher household incomes.

Key considerations include specialized equipment requirements, operational complexity, and territory protection evaluation. Prospective investors must conduct comprehensive due diligence including FDD analysis and existing franchisee interviews to assess system stability and performance metrics.
Did you know? Did you know that bringing the sizzling Korean BBQ experience of Bornga to your community requires a total investment between $710,000 and $1,165,000, which covers everything from the flat $100,000 franchise fee to all the premium grills, authentic decor, and startup costs needed to create an unforgettable tableside cooking experience for your guests?

Financing partners

Vetted partners, tailored to franchisees

Your Franzy advisor can connect you with these partners later in the process — competitive rates, specialized in franchise financing.

FranFund

Lender

CRF USA

Nonprofit SBA lender; provides financing for franchise acquisitions, startups, and expansion.

Lender

First Bank of the Lake

Lender

Pension Pros

Lender

FDD Item 7

Initial investment range

$710K–$1M
Most common
$710,000
Minimum
$937,500
Midpoint
$1,165,000
Maximum

Per FDD Item 7, total initial investment ranges from $710,000 to $1,165,000. The midpoint $937,500 is what most franchisees report at signing — financing typically reduces cash-at-close by 80–90%. Knowing the investment range helps you plan confidently and ensure you're fully prepared to make the leap.

2022 Franchise Disclosure

FDD documents

Below are items 2, 3, 4, 7, 11 and 19 for Bornga's 2022 FDD. The complete FDD is delivered to you directly by the franchisor, per the FTC Franchise Rule.

Estimated initial investment
FDD Item 7 · PDF
Financial performance representations
FDD Item 19 · PDF
Members-only items
Executive team
FDD Item 2 · PDF
Litigation
FDD Item 3 · PDF
Bankruptcy
FDD Item 4 · PDF
Franchisor assistance
FDD Item 11 · PDF
Members only
Unlock the 2022 FDD

Connect to download Items 2, 3, 4, and 11 — direct from the franchisor.

Buyer FAQs

Frequently asked questions

The initial investment for a Bornga franchise typically ranges between $710,000.00 and $1,165,000.00. This includes the franchise fee, equipment, real estate, and other startup costs. To get a detailed breakdown and better understand the financial requirements, we recommend scheduling a call with the Franzy team. We'll walk you through the specifics and answer any questions you might have. For more detailed information, refer to the financial sections of the FDD.

Disclaimer. The information provided on this page is based on the latest Franchise Disclosure Document (FDD) that is publicly available and that we have on record, which was issued in 2022. This information is for informational purposes only and is not intended to constitute legal, financial, or business advice. We make no guarantees or claims regarding the completeness or accuracy. For the most current and detailed information, we recommend consulting the franchisor directly for the most recent FDD and regarding any questions that you may have about the information provided.

Bornga
Bornga
N/A avg revenue · 0+ US franchises

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