DumplingGo
- DumplingGo Franchising Inc.
5 Penn Plz., # 2302
New York, NY 10001
-
Mr.
Jonathan
Ho, Executive Director, Executive Vice President, Secretary
- [email protected]
The DumplingGo franchise is conceived from a mix of Asian and Western business and culinary experiences. The Restaurant concept reflects the eclectic flavors and multicultural pallets of an interconnected global society. With 20 years of business experience in the New York tri-state area, the founding partners have isolated a niche market in the fast-casual dining space. Our market research suggests that Dumplings are a growing market in metropolitan cities around the world and present a unique opportunity for a franchisor. In addition to selling traditional dumplings, we have successfully experimented with hybrid foods that call to mind a familiar taste, but with an exotic look. Hybrid foods have become popular items on menus around the world. These hybrids have been met with great enthusiasm by people who want to experiment with new and exciting food form factors. With this premise in mind, we have a designed a unique restaurant plan that promptly delivers on this new trend.
Franchisor Background
Year Established: 2014
Franchising Since: 2015
Operating Units
Franchised Units |
0 |
0.0% |
Company-Owned Units |
1 |
100.0% |
Total Operating Units |
1 |
100% |
Geographic Distribution
USA |
0 |
N/A |
In 0 States
|
Canada |
0 |
N/A |
In 0 Provinces
|
International |
0 |
N/A |
In 0 Foreign Countries
|
Total |
0 |
100% |
|
Multi-Unit Operators
Multi-Unit Operators |
0 |
Franchises Owned by Multi-Unit Operators |
0 |
North American Unit Density
Registered in the following Registration States
(not registered in any registration states)
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Support and Training
General Information
IFA Member |
No |
CFA Member |
No |
Franchisee Association? |
Yes, is a member |
Size of Corporate Staff |
0 |
Site Selection Assistance |
Yes |
Lease Negotiation Assistance |
Yes |
Financial Assistance |
Yes, Direct |
Marketing Support
Co-Op Advertising |
No |
National Advertising |
No |
Regional Advertising |
No |
Local Advertising |
No |
Ongoing Support
Central Data Processing |
Included |
Central Purchasing |
Included |
Field Operation Evaluation |
Included |
Field Training |
Included |
Initial Store Opening |
Included |
Inventory Control |
Included |
Franchisee Newsletter |
Included |
Regional or National Meetings |
Included |
800 Telephone Hotline |
Included |
Training
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Financial Requirements
Investment
Minimum Net Worth |
N/A |
Cash Investment |
N/A |
Total Investment |
N/A |
Average Total Investment |
$0K |
Fees
Initial Franchise Fee |
N/A |
Average Franchise Fee |
$0K |
On-Going Royalty |
N/A |
Average Royalty |
0% |
Advertising Fee |
N/A |
Site Information and Requirements
Average Number of Full-Time Employees |
N/A |
Average Number of Part-Time Employees |
N/A |
Space Needs (in square feet) |
None
|
Preferred Site Types |
N/A
|
Encourages Conversions |
Yes |
Item 19 (Earnings Claim) Provided? |
No |
Listed in the SBA Registry? |
No |
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Franchisee Qualifications
Financial Net Worth |
1 |
General Business Experience |
1 |
Specific Industry Experience |
1 |
Formal Education |
1 |
Psychological Profile |
1 |
Personal Interviews |
1 |
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Terms of Contract
Term of Initial Contract |
N/A |
Term of Renewal Period |
N/A |
Passive Ownership? |
Allowed |
Area Development Agreements? |
Yes, for 0 years
|
Sub-Franchisor Contracts? |
No |
Franchisees Allowed to Expand Within Territory? |
No |
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Expansion Plans
Projected New Units Over Next 12 Months |
0 |
USA |
No |
Canada |
No |
Overseas |
No |
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