Franchise Chains Earn W4.25 Million A Month On Average

The Chosun Ilbo:

Start-up franchise store owners invest W182 million on average and earn roughly W4.25 million every month (US$1=W1,138). It usually takes 5.1 months to prepare to launch their business, and they review 3.5 franchise brands before reaching a final decision.

These were the results of the Korea Chamber of Commerce and Industry’s survey on 350 franchise stores in the Seoul metropolitan area and six other major cities. Finish reading here.