1943 Classic Wevelopment

Analyzed filing: IL · File #258188

FDD issued: Mar 5, 2025

FDD Issued: Mar 5, 2025

Extracted: May 1, 2026

Analyzed

Franchisor Details

Name: Wevelopment USA, Inc.

Parent: Wevelopment Co., Ltd.

Address: 3435 Wilshire Blvd., Suite 460, Los Angeles, CA 90010

Phone: (657) 620-0113

Franchising Since: 2024

Industry & Qualifications

Industry

Food & Beverage

Training

2 weeks

Franchise Fee

$100,000

Royalty

5.0%

Ad Fund: 1.0%

Total Investment

$670K - $1.18M

Outlet Information

Total Outlets

Franchised

Opened (Last Year)

Closed (Last Year)

-0

Churn Breakdown (Last Year)

Terminations

Non-Renewals

Ceased Ops

Transfers

Reacquired

Item 19 (Financial Performance)

Not Disclosed

Legal History

Litigation: Yes

Parent Wevelopment Korea has a pending administrative case with Virginia Division of Securities and...

Bankruptcy: None

Number	File name	Source State	Filing Date	Actions
270126	515959_Franchise__1943_Classic_Wevelopment_EFDI_New York_270126.pdf Alternate source copy · newest filing	NY	Mar 5, 2025 FDD issue date	Restricted
238294	515959_Franchise__1943_Classic_Wevelopment_EFDI_Maryland_238294.pdf Alternate source copy	MD	Mar 5, 2025 FDD issue date	Restricted
258188	515959_Franchise__1943_Classic_Wevelopment_EFDI_Illinois_258188.pdf Canonical 2025 analysis	IL	Mar 5, 2025 FDD issue date	Restricted
260192	515959_Franchise__1943_Classic_Wevelopment_EFDI_Virginia_260192.pdf Canonical 2024 analysis	VA	Mar 20, 2024 FDD issue date	Restricted

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