How to Open a Store

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New Store Opening Procedure

Commercial impact analysis and feasibility study

Selection of the best location based on a location and commercial impact analysis

Confirmation of location and franchise agreement

Finalizing selection of store and franchise agreement

Interior work and facilities construction

Applying standards for the franchise store

Training for the new store owners

Basic training on the overall operation of the store, including products and customer satisfaction

Store opening after promotion of the store

using leaflets, gifts, etc.

Item	Cost (plus VAT)	Remarks
Interior work cost	33 million won	Based on 13 pyeong (excluding heating and air-conditioning)
Franchise fee	8.8 million won	-
Initial goods	30 million won	-
Signage cost	3.63 million won	LED signboard
Red ginseng extractor and packaging machine	3.5 million won	Decoction and packaging machine (one unit, two-in-one system)
Total	78.93 million won	*Excluding rental cost

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