CrunCheese Korean Hot Dog franchise
2024 filing · March 29, 2024Growing
CrunCheese Korean Hot Dog at a glance
A quick-service shop specializing in Korean-style hot dogs. At the end of 2023 there were 16 CrunCheese Korean Hot Dog locations in the US, 12 franchised and 4 company-owned.
The business
- Franchisor
- MHDGA, LLC
- The company that sells the franchises
- Typical size
- 800–1,500 sq ft
What you pay
- Cost to open
- $185K–$653K
- Standard location
- Franchise fee
- $40,000
- Paid once, when you sign
- Royalty
- 5%
- 5% of monthly gross revenues
- Agreement length
- 10 years
- Franchisor financing
- None offered
Where it is
- US locations, 2023
- 16
- Franchised and company-owned
- Franchised
- 12
- Company-owned
- 4
- Change in 3 years
- +12
- Franchised locations, 2021–2023
Support and records
- Lawsuits disclosed
- None
- Franchisor revenue, 2023
- $316K
- The company, not one location
- Franchisor net income
- $112K
- Latest filing
- Mar 29, 2024
- 2024 filing
From MHDGA, LLC’s 2024 filing; revenue and net income from its audited financial statements, page 204; SBA status from the SBA Franchise Directory, October 28, 2026.
Franchisor revenue is the company that sells the franchises (royalties, fees and anything else it earns), not what a location makes.
Where it ranks
CrunCheese Korean Hot Dog among all franchises with the same figure.
| Figure | CrunCheese Korean Hot Dog | Among all franchises |
|---|---|---|
| Cost to open, midpointHalfway between the low and high estimate | $418,750 | Costs more than 56% of franchises |
| Franchise feePaid once, when you sign | $40,000 | Lower than 46% of franchises |
| RoyaltyShare of sales paid to the franchisor | 5% | Lower than 69% of brands with a set rate |
| US locationsFranchised and company-owned | 16 | Fewer than 54% of franchises |
How much a CrunCheese Korean Hot Dog franchise costs
Opening standard location costs an estimated $185,000 to $652,500. That covers the franchise fee and everything else needed to open, through the first months of working capital.
Source: MHDGA, LLC, 2024 filing, page 19
CrunCheese Korean Hot Dog franchise fee
The franchise fee is $40,000. You pay it when you sign the franchise agreement.
Source: MHDGA, LLC, 2024 filing, page 12
Royalty and ongoing fees
| Royalty | 5% of monthly gross revenues. |
|---|---|
| Transfer Fee | $5,000 |
| Ongoing Training | $400 per day plus room and board for each trainer. |
The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: MHDGA, LLC, 2024 filing, page 13
Other fees as filed, from pages 15–16. The filing lists every fee, including late fees and audit costs.
Sales and earnings
No figures CrunCheese Korean Hot Dog does not share sales or profit figures for its locations. Talking to current and former franchise owners is the usual way to learn what a location earns.
Source: MHDGA, LLC, 2024 filing, page 52
- Estimate Estimated yearly sales per location
- $540K–$940K
Estimated from the sales that 292 comparable franchises file, matched on industry, format, cost to open, fees and size.
How CrunCheese Korean Hot Dog compares
Of the 309 fast food franchises on this site, CrunCheese Korean Hot Dog is the 36th cheapest to open and the 162nd largest by number of locations.
| Figure | CrunCheese Korean Hot Dog | Typical fast food brand | Typical franchise |
|---|---|---|---|
| Cost to open, low end | $185K | $353K | $222K |
| Cost to open, high end | $653K | $786K | $477K |
| Franchise fee | $40K | $35K | $40K |
| Royalty | 5% | 6% | 6% |
| US locations | 16 | 23 | 21 |
| Closed or left per year | 0% | 5.8% | – |
| Shares earnings figures | No | 189 of 309 | 2,147 of 3,352 |
Typical is the median across the 309 brands in fast food franchises; typical franchise, across every brand here.
Locations opened and closed
| Year | Franchised | Company-owned | Opened | Closed |
|---|---|---|---|---|
| 2021 | 0 (0) | 2 | 0 | 0 |
| 2022 | 3 (+3) | 5 | +3 | 0 |
| 2023 | 12 (+9) | 4 | +9 | 0 |
Closed or left counts terminations, non-renewals, locations bought back by the franchisor and locations that stopped operating.
See which brands grew most in the fastest-growing franchises rankings.
More in the guides: fast food franchise costs, hot dog franchises and franchise failure rates.
Source: MHDGA, LLC, 2024 filing, page 53
Who owns CrunCheese Korean Hot Dog?
CrunCheese Korean Hot Dog franchises are sold by MHDGA, LLC. Its filing names no parent company.
From MHDGA, LLC’s 2024 filing, page 9.
Lawsuits and bankruptcy
| Lawsuits and regulatory actions | None. The filing says no litigation has to be disclosed. |
|---|---|
| Bankruptcy | No bankruptcy of the franchisor. It discloses that one or more of its executives led or worked at another company that went through bankruptcy. |
Franchisors must disclose lawsuits and bankruptcies involving the company, its parents and affiliates, and its executives. Many cases are routine disputes with franchisees over fees or contracts; read the descriptions in the filing and ask current owners about anything that worries you.
Source: MHDGA, LLC, 2024 filing, litigation on page 11, bankruptcy on page 12
CrunCheese Korean Hot Dog filings
The figures on this page come from MHDGA, LLC’s 2024 filing, issued March 29, 2024, on record with the Minnesota Department of Commerce.
| Filing | Issued | Registry | On this page |
|---|---|---|---|
| 2024 filing | March 29, 2024 | Minnesota | Costs, fees and locations, 2021–2023 |
Each link opens the filing as a PDF. See the newest filings across all brands.
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