How much does a Bibibop Asian Grill franchise cost?
- Initial Franchise Fee: $25,000
- Total Investment: $439,419 to $925,024
- Working Capital: $30,000 to $40,000
- Royalty Fee: 5.0%
Full Answer
How profitable are bibibop Asian Grill franchises?
As with any business, profits from a Bibibop Asian Grill franchise depend on a variety of factors. Typically, profits are proportionate to the size of investment. Demand for your products, labor costs, commercial lease rates and a number of other variables also play a huge role in your bottom line.
How much did bibibop make in 2017?
According to this report, Bibibop had $23 million in systemwide sales during 2017. The company was also listed as having 25 units across the United States with a unit increase of over 108 percent. The report says that the average unit volume is $1.3 million.
Is bibibop owned by Chipotle?
Biz Journals says that Bibibop Development LLC acquired the leases on 15 ShopHouse Asian Kitchen restaurants in Los Angeles, Chicago, and Washington D.C. ShopHouse was the Asian food branch of Chipotle Mexican Grill Inc., and it was started in 2011. ShopHouse sold Malaysian, Vietnamese, and Thai inspired food, such as rice and noodle bowls.
What is bibibop famous for?
The restaurant has also become famous for its purple rice. This is created by cooking black rice and white rice together with purple rice being the result. Black rice is a superfood that is packed with antioxidants, iron, fiber, and copper. Bibibop is also known for its flavorsome miso soup, which is complimentary for all diners.
How much does a Bibibop Asian Grill franchise make?
What does it mean to find the best franchise?
How many franchise locations do they have?
When did they begin franchising?
Is Bibibop Asian Grill franchising?
How much does it cost to own BIBIBOP?
Bibibop Asian Grill has a franchise fee of up to $25,000, with a total initial investment range of $439,419 to $925,024.
Is BIBIBOP owned by Chipotle?
Last year, Bibibop's parent company, Gosh Enterprises, which is owned by Shin, bought Chipotle's ShopHouse Southeast Asian Kitchen chain and converted its 15 locations into Bibibops, giving the local entrepreneurs a foothold in such hot markets as Washington, D.C., Los Angeles and Chicago.
Is BIBIBOP a chain?
Bibibop is the brainchild of Charley Shin, CEO of Gosh Enterprises. The company opened its first location in Columbus, near Gosh's headquarters. The chain's menu offers a variation of the popular Korean dish bibimbap, which literally means “mixed rice.”
How many BIBIBOP locations are there in the US?
Based in Columbus, Ohio, BIBIBOP has 42 locations nationwide in California, Illinois, Indiana, Kansas, Maryland, Missouri, Ohio, and Washington D.C. BIBIBOP is focused on the well-being of our customers, teammates, and communities; serving healthy and affordable meals, providing jobs and training, and giving back to ...
Who is the owner of Bibibop?
Charley ShinCharley Shin is founder and CEO of Charleys Philly Steaks and Bibibop Asian Grill.
Why is it called Bibibop?
Bibimbap (/ˈbiːbɪmbæp/ BEE-bim-bap, from Korean 비빔밥 [pi.bim.p͈ap̚], literally "mixed rice"), sometimes romanized as bi bim bap or bi bim bop, is a Korean rice dish. The term "bibim" means mixing rice (burned rice at the bottom of the dish and cooked rice), while the "bap" noun refers to rice.
What is the purple rice at BIBIBOP?
-Purple rice is our white steamed with black rice. When you steam the two together the black rice naturally dyes into the white rice and makes it purple. There is no artificially coloring or flavoring involved! -Black rice is also good for you!
Does BIBIBOP still have purple rice?
BIBIBOP's menu now includes the following gluten-free items: BASES: Purple Rice, White Rice, Japchae Noodles, Supergreen Salad, Romaine Lettuce. WARM TOPPINGS: Bean Sprouts, Black Beans, Potatoes.
Is BIBIBOP all over the US?
Since its founding in August of 2013, with just one location in Columbus, Ohio, Bibibop has quickly grown to include restaurants in eight states plus the District of Columbia. There are Bibibops on both the West and East Coasts.
How do you pronounce BIBIBOP?
0:080:52How to Pronounce Bibimbap? (CORRECTLY) Korean Dish Name ...YouTubeStart of suggested clipEnd of suggested clipThe name of this korean rice dish name as well as how to say more interesting korean dish namesMoreThe name of this korean rice dish name as well as how to say more interesting korean dish names whose pronunciations. Aren't exactly very obvious. So how do you go about pronouncing.
When was BIBIBOP founded?
2013Those early years have come full circle for Shin, who in 2013 launched Bibibop, a fast casual centered on the familiar dish of his childhood.
Did BIBIBOP change their chicken?
Our chicken is now antibiotic-free! What that means: You avoid potentially negative health effects of antibiotic use in chickens. Without antibiotics in the picture, farmers must maintain better living conditions for their livestock.
What company owns Chipotle?
Founded by Steve Ells on July 13, 1993, Chipotle had 16 restaurants (all in Colorado) when McDonald's Corporation became a major investor in 1998....Chipotle Mexican Grill.TypePublicFoundedJuly 13, 1993FounderSteve EllsHeadquarters610 Newport Center Drive, Newport Beach, California, U.S.Number of locations2,966 (December 2021)15 more rows
Who is Chipotle's biggest competitor?
They include Qdoba Mexican Eats, Moe's Southwest Grill, Baja Fresh Mexican Grill, and Rubio's Coastal Grill. Chipotle also competes on a less head-to-head basis against Taco Bell, the market leader in the Mexican-style fast-food sector.
What ethnicity is BIBIBOP?
Bibibop, a name inspired by the Korean dish Bibimbap, which means “mixed rice,” is owned entirely by Shin, who says its comparative store sales surged by 54% over the past year.
Is Chipotle real Mexican food?
Chipotle is a Mexican-inspired restaurant concept but, if what you're asking is if it is authentic Mexican, then the answer is NO. Flavor profiles are closer to traditional Tex-Mex food with heavy use of cumin. However, ingredients are definitely fresh and of good quality.
BIBIBOP - Overview, News & Competitors | ZoomInfo.com
Who is BIBIBOP. Columbus, OH based GOSH Enterprises, Inc. is a multi-brand restaurant company whose portfolio includes: Charleys Philly Steaks, BIBIBOP Asian Grill, and Lennys Grill and Subs. Founded in 1986, over 600 locations today across the globe serve Charleys signature grilled-to-order cheesesteaks in addition to loaded Gourmet Fries and refreshing real fruit Lemonades.
BIBIBOP Company Profile - Office Locations, Competitors ... - Craft
BIBIBOP has 5 employees at their 1 location. See insights on BIBIBOP including office locations, competitors, revenue, financials, executives, subsidiaries and more at Craft.
We Take Care
The Charleys Kids foundation is a BIBIBOP partner program that collaborates with local and international programs to empower kids through education, food, and mentorship.
Join Team BIBIBOP
At BIBIBOP, we invest in passionate and motivated leaders. We are looking for career oriented team players to strengthen and drive our company forward. There is not typical career path at BIBIBOP!
What is bibibop fundraising?
Here at BIBIBOP, we partner with non-profit organizations to help raise funds for their group. By having a fundraiser with BIBIBOP, your organization can earn 20% of the sales your group spends with us! This is a dine and donate set up. Leading up the event, your organization will pass out flyers and spread the word about their fundraiser. Then on the fundraising night, your supporters can come in and enjoy a wonderful and healthy meal!
Where is Bibop located?
BIBIBOP started in Columbus, Ohio in 2013, and now you can find locations in Ohio, Maryland, Indiana, Illinois, Kansas, Missouri, California, and Washington DC. Find the BIBIBOP closest to you!
Can you order Bibop bowls in store?
Currently BIBIBOP Fundraisers are only available through in-store orders. Guests can order their bowls for dine-in or to-go.
How much did Bibibop make in 2017?
In a 2018 report by Restaurant Business Online, the 2017 financial details of the company were listed. According to this report, Bibibop had $23 million in systemwide sales during 2017. The company was also listed as having 25 units across the United States with a unit increase of over 108 percent. The report says that the average unit volume is $1.3 million.
Who opened Bibibop Asian Grill?
The First Bibibop Asian Grill and Growth. To open the first restaurant, he created a team from his Charleys Philly Steaks employees. Shin knew straight away that he would wait at least a year before opening further location. He wanted to make sure the concept worked before he expanded the fledgling business.
Who is Sweetgreen and Can Bibibop Compete?
According to CNBC, Bibibop is one of the restaurants that could rival Sweetgreen.
What is a shophouse?
ShopHouse was the Asian food branch of Chipotle Mexican Grill Inc., and it was started in 2011. ShopHouse sold Malaysian, Vietnamese, and Thai inspired food, such as rice and noodle bowls. Bibibop was not the only party interested when the SHopHouse locations became available. Although they are not willing to disclose what they paid for the acquisition, a representative of Bibibop said that they got a very attractive deal.
How many Shin restaurants are there in Ohio?
This concept is unique in America, and Shin hopes that it is this that will make his business stand out amongst the competition. There are no other fast-food restaurants that use these belief systems as the inspiration for the menu. It has certainly helped Shin to expand the business to where it is today. From a single restaurant in Columbus, this company has enjoyed a rapid rate of expansion. There are now 13 locations in Ohio, three in Washington D.C., four restaurants in California, four in Maryland, and two locations in Illinois.
What is the food at Bibibop?
QSR Magazine expands further on the food offerings at Bibibop restaurants. All the food is freshly prepared, chopped, grilled, and cooked on the site daily. The kitchens are open so that the customers can view the preparation of their food. Some of the main ingredients from which diners can choose to include in their rice, noodle, and salad bowls include organic tofu, spicy chicken, kimchi, daikon, and kale.
When did Charley Shin start Bibibop?
This is a rice-based dish that has various toppings. Using this dish as inspiration, Charley Shin decided to launch Bibibop in 2013. He wanted this to become a fast-casual restaurant that centered around the dishes from his childhood in South Korea.
BIBIBOP Asian Grill Unveils Reopening Plan
BIBIBOP Asian Grill has announced a plan to reopen locations that were temporarily closed. “We’re excited to prepare for the thoughtful reopening of BIBIBOP,” says CEO Charley Shin. On May 4, BI
BIBOP Asian Grill Expanding Gluten-Free Offerings
BIBOP Asian Grill is committed to providing customers with a healthy and delicious menu.
BIBIBOP Asian Grill Adds Moochae to Menu
BIBIBOP Asian Grill has added a brand new cold topping option for customers looking to add a little spice to their BIBIBOP bowls in 2020.Merging the Korean word for radish, “mu,” with “chae,” which me
BIBIBOP Asian Grill Ready for Kansas City Debut
Fans of made-to-order, customizable Asian cuisine in the Kansas City area will soon have the opportunity to enjoy healthy, Korean-inspired dishes that are crafted thoughtfully, balanced artfully and p
Inside the Rise of Korean Cuisine
Americans are loving the spicy, sour, and all-around craveable elements of Korean cuisine. Here’s how quick-serve restaurants are meeting this demand.
BIBIBOP Asian Grill to Open 14 New Locations
BIBIBOP Development, LLC, owner of the BIBIBOP Asian Grill chain of fast-casual restaurants, is opening 14 new locations across four metropolitan areas: Los Angeles, Chicago, Cleveland, and the Distri
BIBIBOP Asian Grill Purchases Shuttered ShopHouse Locations
BIBIBOP Development, LLC, owner of BIBIBOP Asian Grill chain of fast-casual restaurants, recently announced its national expansion plans for the Korean-inspired concept with the purchase of the locati
What can you order at Bibibop?
At Bibibop, guests can order a rice bowl, salad, or roll and select a base of bean sprouts, sautéed potatoes, or black beans.
What are the toppings on Bibibop?
Finally, customers choose toppings such as cucumber, lettuce, carrot, daikon radish, corn, cheese, and egg to round out the meal. Bibibop also offers sides of edamame, spicy Korean kimchi, and miso soup.
How long did it take to make the Shin food?
Shin says it took about eight months to finalize all the recipes for the concept, and healthfulness drove menu development.
What is bibimbap rice?
Bibimbap (the word translates to mixed rice ) has become increasingly popular with consumers in recent years, as the dish continues to pop up on menus across the country and consumers search for more information online.
How many Shin restaurants will be open in 2017?
Eight of the locations are in the Columbus market, while two are in Cincinnati and the surrounding area. Shin says he plans to open six to eight more restaurants in 2017.
Is Bibibop owned by Charleys?
All of the units are company-owned, but Shin says Bibibop has adopted the same mantra he tells the employees and franchisees at Charleys Philly Steaks.
How much does a Bibibop Asian Grill franchise make?
As with any business, profits from a Bibibop Asian Grill franchise depend on a variety of factors. Typically, profits are proportionate to the size of investment . Demand for your products, labor costs, commercial lease rates and a number of other variables also play a huge role in your bottom line. For system-specific data, unlock this franchise .
What does it mean to find the best franchise?
Finding the best franchise means comparing several brands to determine the ideal fit for you.
How many franchise locations do they have?
As of the 2017 Franchise Disclosure Document, there are 0 franchised Bibibop Asian Grill locations in the USA.
When did they begin franchising?
They began franchising in 2017. The average Ethnic franchise began franchising in 2011.
Is Bibibop Asian Grill franchising?
Based on our most recent research, Bibibop Asian Grill is not franchising in the US at this time.
