<Korean Economics Research Study Results> Franchise overseas advancement of 5476 stores
Franchise business industry is increasing its advancement into overseas markets.
According to a Korean Food Industry Research Study, the franchise business industry in 2005 had 44 franchises, with 221 stores. By 2016 it had increased to 188 franchises and 5476 stores.
How franchises advance has also changed.
Up until now, the focus was on Korea and South-East Asia, however in recent years the Western world like Europe and the United States have been increasing in opening of franchise businesses. CAFE BENE, a Korean franchise cafe is now available at all American Wal-Mart stores.