Paik's Noodle

Paik's Noodle

Information based on 2023 FDD

Food & Beverage · Asian

Investment min
$349K
Total: $349K–$470K
Avg gross revenue
N/A
Unit-level, 2023
Franchise fee
$35K
Per current disclosure
Royalty
4%
of gross revenue
Locations
15
Franchising since 2014

Description

What is Paik's Noodle?

Paik's Noodle is a rapidly expanding Korean-Chinese fusion restaurant franchise that has captured the hearts of food enthusiasts across multiple markets. Founded in 2011, this concept brings authentic Korean-Chinese cuisine to life through its signature dishes, particularly their renowned jajangmyeon (black bean noodles) and jjamppong (spicy seafood noodle soup).

The restaurant's streamlined menu focuses on perfecting a select number of dishes, ensuring consistent quality and authentic flavors across all locations. Their sweet and sour pork (tangsuyuk) stands out for its innovative preparation, served with sauce on the side to maintain the perfect crispy texture. The portion sizes are notably generous, making it an excellent value proposition for customers.

Paik's Noodle has cultivated a modern fast-casual dining environment that combines efficient service with quality ingredients. The business model features a contemporary ordering system where customers order at the counter and have their fresh, made-to-order meals delivered to their table. This approach maximizes operational efficiency while maintaining high service standards.

What sets Paik's Noodle apart is their commitment to authenticity while adapting to local market preferences. Their restaurants typically feature clean, spacious interiors with ample seating, making them suitable for both casual dining and group gatherings. The concept has proven particularly successful in areas with diverse populations and customers seeking authentic Asian cuisine at accessible price points.

For franchisees, Paik's Noodle offers a proven business model with strong brand recognition in the Asian food segment and a loyal customer base that appreciates their consistent quality and value.
  • Below sub-sector average investment requirements (8% lower minimum, 41% lower maximum)
  • Multi-state presence across 13+ states including California, Texas, and Arizona
  • Established Korean restaurant concept since 2011
  • Part of 300+ global location network with Seoul heritage since 2006
  • Inspired by renowned Chef Jong Won Paik's culinary expertise
  • Authentic Korean-Chinese cuisine positioning in growing ethnic dining market

Location Analysis

Where Paik's Noodle wins

Established in 2011, Paik's Noodle has built a strategic presence across multiple states, demonstrating a calculated approach to market expansion. The franchise shows strong market penetration along the West Coast, notable presence in the Mountain region and Northeast, with additional locations across the Mid-Atlantic and Southeast regions. This broad geographic distribution spans both coastal and inland markets, indicating successful adaptation to diverse regional preferences.

The brand maintains a strong reputation across its customer review base, reflecting impressive operational consistency and market acceptance, particularly exemplified by strong performance in major metropolitan areas. This performance suggests successful adaptation to local market preferences while maintaining authentic Asian cuisine standards.

Key expansion opportunities exist in underserved markets between established locations, particularly in the Mountain West region where current success in established markets indicates strong viability. The franchise appears to thrive in metropolitan areas with high concentrations of young professionals and Asian-American communities.

Ideal locations should target areas with median household incomes above $65,000, strong daytime population density, and proximity to business districts or university campuses. While the brand demonstrates strong market performance, developing a stronger online presence through a dedicated website could enhance visibility and customer engagement.
Total US locations
16
Franchise units
15
Corporate locations
1
Avg. sq. footage
N/A

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Financial Analysis

The numbers behind Paik's Noodle

Avg gross revenueN/A
Investment range$349,000 – $470,000
Investment midpoint$409,500
Brand fund1%
Royalty4%
Franchise fee$35,000
Min. net worth
Min. liquid capital
Paik's Noodle requires an initial investment of $349,000-$470,000, positioning it favorably within the Asian restaurant franchise sector. The minimum investment sits 8% below the sub-sector average of $380,048, while the maximum investment is 41% below the sub-sector average of $797,206, making it a more accessible entry point for qualified investors.

*Please note: Revenue data is not currently available for this franchise, which limits comprehensive financial evaluation compared to the sub-sector average gross revenue of $377,891.*

With 16 active units since its 2011 establishment, Paik's Noodle represents a developing franchise system in the competitive Asian restaurant market. The brand operates in multiple states including California, Texas, Arizona, and others, demonstrating established operational systems and geographic diversification.

The Korean restaurant concept benefits from growing consumer interest in authentic Asian dining experiences. However, prospective investors should carefully evaluate territory availability and market demographics, as specialized cuisine concepts may have more targeted appeal than broader Asian restaurant formats.

Ideal candidates should possess restaurant industry experience and sufficient liquid capital to support operations through initial ramp-up periods. The below-average investment requirements within the Asian restaurant sub-sector may present attractive unit economics, though thorough due diligence is essential given the limited revenue data available.
Did you know? Did you know that bringing the beloved Korean noodle dishes and authentic flavors of celebrity chef Paik Jong-won's Paik's Noodle franchise to your community requires a total investment of $349,000 to $470,000, which includes the $35,000 franchise fee plus all the equipment, buildout, and working capital needed to serve up those Instagram-worthy Korean comfort foods that have made this brand a sensation?

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

$349K–$470K
Most common
$349,000
Minimum
$409,500
Midpoint
$470,000
Maximum

Per FDD Item 7, total initial investment ranges from $349,000 to $470,000. The midpoint $409,500 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.

Growth over time

Franchise footprint

0% YoY
201612840
2016
2017
2018
2019
2020
2021
2022
2023
16 units open as of 2023 FDD

2023 Franchise Disclosure

FDD documents

Below are items 2, 3, 4, 7, 11 and 19 for Paik's Noodle'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 Paik's Noodle franchise typically ranges between $349,000.00 and $470,000.00. 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 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.

Paik's Noodle
Paik's Noodle
N/A avg revenue · 15+ US franchises

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