Table 1 Summary statistics

Item Content N %
Business sectors (Level-II classification) Chicken 121 13.6
Pizza 92 10.3
Café 142 15.9
Education 138 15.5
Laundry services 63 7.1
Barber / beauty salons 78 8.7
Auto repair services 60 6.7
Convenience store 198 22.2
Size of the franchise store Less than 10 pyeong 96 10.8
More than 10 pyeong–Less than 20 pyeong 400 44.8
More than 20 pyeong–Less than 50 pyeong 298 33.4
More than 50 pyeong 98 11.0
Store The duration of operation Less than 5 years 534 59.9
More than 5 years–Less than 10 years 208 23.3
More than 10 years–Less than 15 years 94 10.5
More than 15 years 52 5.8
Total Cost to Start Business: Less than KRW 50 million 205 23.0
KRW 50 million–100 million 309 34.6
KRW 100 million–200 million 249 27.9
KRW 200 million–500 million 90 10.1
More than KRW 500 million 29 3.0
Prior work Office worker/professional 445 49.9
Self-employed (other franchises included) 290 32.5
Student 12 1.3
Housewife 104 11.7
Etc. 34 3.8
Yearly sales (10,000,000): Less than KRW 50 million 96 10.8
More than KRW 50 million–Less than 100 million 168 18.8
More than KRW 100 million–Less than 200 million 282 31.6
More than 200 million–Less than 300 million 111 12.4
More than KRW 300 million 227 25.4
The meeting or failure of achieving prescribed profit target. Meeting the target 262 29.4
Failure to meet the target 311 34.9
Failure to meet the target after initially meeting the target 291 32.6
Total 892 100