Cupbop

Cupbop

Information based on 2023 FDD

Food & Beverage · Asian

Investment min
$284K
Total: $284K–$634K
Avg gross revenue
$815K
Unit-level, 2023
Franchise fee
$40K
Per current disclosure
Royalty
6%
of gross revenue
Locations
19
Franchising since 2017

Description

What is Cupbop?

Cupbop represents a dynamic fusion of Korean cuisine and modern fast-casual dining, offering a unique 'Korean BBQ in a cup' concept that has captivated food enthusiasts since 2013. What began as a humble food truck has evolved into a rapidly expanding franchise that's revolutionizing how Americans experience Korean cuisine.

The brand's signature offering features customizable bowls layered with authentic Korean ingredients - from perfectly seasoned rice and japchae noodles to fresh vegetables and premium proteins. What truly sets Cupbop apart is its innovative spice level system, ranging from 'Baby Spice' to level 10, allowing customers to personalize their heat preference while enjoying the complex flavors of Korean BBQ.

Menu highlights include the popular Rock Bop, Ugly Bop (featuring their acclaimed Korean fried chicken), and various protein options including BBQ beef, pork, and chicken. Their famous mandoo (Korean dumplings) has become a must-try side dish that keeps customers coming back.

Cupbop's success stems from its commitment to fresh ingredients, consistent quality, and exceptional customer service. The brand has cultivated a vibrant, energetic atmosphere where staff members are known for their friendly, engaging personalities and willingness to guide newcomers through the menu options.

For entrepreneurs, Cupbop offers a compelling opportunity in the growing Asian fast-casual sector. The concept combines operational simplicity with strong customer appeal, backed by a proven business model that has demonstrated success across multiple markets. With its unique positioning, strong brand identity, and dedicated customer base, Cupbop continues to stand out in the competitive food service industry.
  • Korean BBQ in convenient cup format
  • Above-average revenue performance vs peers
  • Decade-plus operational track record established
  • Health-conscious fast-casual dining positioning
  • Unique authentic Korean flavor profiles
  • Lower investment than sub-sector average

Location Analysis

Where Cupbop wins

Cupbop, established in 2013, has rapidly expanded to numerous locations across multiple states, demonstrating strong market penetration and geographic diversity. The franchise maintains exceptional customer satisfaction with consistently high ratings from thousands of reviews. While its core market remains in the Mountain West, with a strong presence in Utah and significant operations in Idaho, Cupbop has successfully established notable market presence in other regions, including Arizona, Massachusetts, and Colorado.

The franchise shows particular strength in university-adjacent locations, as evidenced by its Student Center operation, while also performing well in urban centers and business districts. The brand has established a growing presence in markets like Texas and Delaware, indicating successful expansion beyond its Mountain West origins. The brand's ability to maintain consistent growth since 2013 while achieving high customer ratings suggests a robust operational model that translates well across diverse markets.

Ideal locations for new franchisees should prioritize areas with high foot traffic, particularly near universities and urban centers with younger, diverse populations. While Utah represents the most saturated market, significant growth opportunities exist in both established markets like Arizona and emerging territories. The franchise's successful adaptation across different regions, from mountain states to coastal areas, demonstrates strong market flexibility and potential for continued expansion in both existing and new markets.
Total US locations
44
Franchise units
19
Corporate locations
25
Avg. sq. footage
N/A

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Financial Analysis

The numbers behind Cupbop

Avg gross revenue$815,118
Investment range$283,500 – $634,200
Investment midpoint$458,850
Brand fund3%
Royalty6%
Franchise fee$40,000
Min. net worth
Min. liquid capital
Cupbop requires an initial investment of $283,500-$634,200, positioning it as a mid-tier opportunity within the Korean restaurant segment. This investment range sits below the Asian sub-sector averages of $380,048-$797,206, offering relatively accessible entry into the fast-casual Korean dining market. The Korean food segment benefits from growing consumer interest in Asian cuisine and health-conscious dining options, with Korean flavors gaining mainstream acceptance across diverse demographics.

The franchise's gross revenue of $815,118 substantially exceeds the sub-sector average of $377,891, indicating strong unit-level performance within the Asian restaurant category. Established in 2013 with 44 units, Cupbop demonstrates measured growth and operational stability over its decade-plus history. The system's moderate unit count suggests selective expansion focused on market validation rather than rapid scaling.

The fast-casual Korean concept addresses growing demand for authentic, healthy, and convenient dining options. However, the relatively small system size may limit brand recognition compared to larger franchise networks. Prospective investors should consider the specialized nature of Korean cuisine and local market acceptance when evaluating territory selection.

Ideal candidates should possess restaurant industry experience and sufficient liquid capital to support initial investment and working capital requirements. The concept's unique positioning in Korean BBQ bowls offers differentiation in crowded fast-casual markets, though success depends on local demographic alignment and operational execution. Investors must thoroughly review the FDD and conduct comprehensive due diligence before making investment decisions.
Did you know? Did you know that bringing Cupbop's beloved Korean rice bowls and authentic Seoul street food flavors to your community requires a total investment between $283,500 and $634,200, which includes the $40,000 franchise fee plus all equipment, buildout, and working capital needed to launch your own fast-casual Korean kitchen?

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

$284K–$634K
Most common
$283,500
Minimum
$458,850
Midpoint
$634,200
Maximum

Per FDD Item 7, total initial investment ranges from $283,500 to $634,200. The midpoint $458,850 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.

FDD Item 19

Average gross sales

$1M$800K$600K$400K$200KN/A
$815K
2021
2022
2023
Avg
$272K
YOY change (2022 -> 2023)

According to Item 19 of the Franchise Disclosure Document, Cupbop has an average gross revenue of $815K. (Note: This information is based on the latest FDD in our records. Please review the Franchise Disclosure Document (FDD) and confirm this information directly with the brand. We make no claims of accuracy for the information presented.)

Growth over time

Franchise footprint

+52% YoY
50403020100
2020
2021
2022
2023
44 units open as of 2023 FDD+15 in last 12 mo

2023 Franchise Disclosure

FDD documents

Below are items 2, 3, 4, 7, 11 and 19 for Cupbop's 2023 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 2023 FDD

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

Buyer FAQs

Frequently asked questions

The initial investment for a Cupbop franchise typically ranges between $283,500.00 and $634,200.00. 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 2023. 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.

Cupbop
Cupbop
$815K avg revenue · 19+ US franchises

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