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I have summarized Wangatanghulu’s startup costs, profits, and monthly sales. Are you interested in starting a Wangatanghulu business? Tanghulu is a traditional Chinese snack. Wangatanghuru is a dessert reinterpreted in Korean style. It is a food made by skewering various fruits such as strawberries, green grapes, and pineapples, coating them in sugar water, and hardening them.
It is a fruit dessert brand that opened its first store in Ulsan in 2017 and is rapidly growing after the coronavirus pandemic and developing into a trend. This fast-turnover, take-out restaurant sells fresh fruit on the spot.
>> Wangatanghulu homepage
Franchise inquiry > Commercial area survey, store development > Store contract > Franchise contract > Interior construction > Franchise owner training, opening rehearsal > Opening and after-sales support
The cost of opening Wangga Tanghulu is KRW 10 million for franchise fees, KRW 3 million for training fees, KRW 23.9 million for kitchen appliances/ware, KRW 22 million for interior design (KRW 1.3 million for each additional pyeong), KRW 6.5 million for signage (based on 3M frontage), and promotional materials/ There is a separate provision for head office support and supplies, such as 400,000 won for personal items and 2.7 million won for other furniture. The total is 68.5 million won (excluding VAT).
According to the information disclosure statement, the average monthly sales of franchises nationwide is 11.5 million won. The expenditure is about 7.87 million won, including 30% of material costs, 1.5 million won based on rent per 10 pyeong, 2 million won of labor costs (per employee), 3% of management costs, 3% of sales commissions, and 2% of other costs. Therefore, the net profit is approximately 3.63 million won. However, there are differences depending on size and commercial area.
So far, I have summarized Wangatanghulu’s startup costs, profits, and monthly sales.
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