Cheong Kwan Jang

Analyzed filing: VA · File #18364

FDD issued: Apr 30, 2021

FDD Issued: Apr 30, 2021

Extracted: May 1, 2026

Analyzed

Franchisor Details

Name: Korean Red Ginseng Corp., Inc.

Parent: Korea Ginseng Corp.

Address: 12750 Center Court Dr., Suite 100, Cerritos CA, 90703

Phone: (562) 860-2323

Franchising Since: 2013

Industry & Qualifications

Industry

Health & Medical

Franchise Fee

$15,000

Royalty

3.0%

Ad Fund: 3.0%

Total Investment

$110K - $312K

Outlet Information

Total Outlets

Franchised

Company-Owned

Opened (Last Year)

Closed (Last Year)

-1

Churn Breakdown (Last Year)

Terminations

Non-Renewals

Ceased Ops

Transfers

Reacquired

Exclusive Territory

The territory granted is not exclusive; you may face competition from other fran...

Item 19 (Financial Performance)

Not Disclosed

Legal History

Litigation: None

Bankruptcy: None

Number	File name	Source State	Filing Date	Actions
18364	388915_Franchise__Cheong_Kwan_Jang_Korean_Red_G_Virginia_18364.pdf Canonical 2021 analysis · newest filing	VA	Apr 30, 2021 FDD issue date	Restricted

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