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Accelerating US Franchise Business
Accelerated US Franchise Business In addition to entry into Canada through Master Franchise, US franchise businesses are also accelerating with the success story of 32nd Manhattan K-town store in the US. Catering to businessmen across the US by the taste of Korean style bb.q chicken, product competitiveness, and business prowess, speeding up regional Area Representatives to spread the business in several states. ?In the first quarter of the year, we opened stores in major US cities of the western American States, such as Houston, Seattle and Maryland, capturing customers and establishing a strong presence in the United States. In the second half of this year, we plan to accelerate the eastern and western regions to boost up the business expansion with the stable models. ?
bb.q Entered into Canada and Opened Store in Vancouver Successfully
bb.q Entry into Canada / Open store in Vancouver bb.q entered into Canada in late 2018 with a partner who owns the largest Korean Asian supermarket chain in North America. As they are operating logistics, forwarding companies, meat processing plants, real estate and hotel accommodation businesses, making it a very competitive to enter into the market. bb.q now is looking forward to expand the business in North American Market. And on Jan 31, 2019 bb.q store has opened in H-Mart Langley, Vancouver Canada, raising high and stable average daily sales. With the recognition of Korea's top brand bb.q, starting with Korean-based and customers in Korean Town, it has attracted a great deal of popularity among Chinese Americans and locals. Currently, we plan to accelerate franchise business starting from the second half of 2019.
Opened New bb.q FCD (Fast Casual Dining) store in Malaysia
Opened New bb.q FCD (Fast Casual Dining) store in Malaysia On March 23, 2019 bb.q Malaysia launched a new FCD (Fast Casual Dining) concept bb.q store in I-City Mall, which is a brand new mall located in Selangor near KL, Malaysia.This FCD model development project utilizes TF team of all GENESIS BBQ group to develop more advanced competitive business model through the type analysis for staff efficiency adjustment, service speed improvement and turnover increase in order to secure the efficiency and profitability of each store type. And we are preparing review for a new introduction. Unlike fast food, it provides fresh, high-quality products that give consumers a sense of high quality and fresh chicken quickly. Despite the fact that KFC has about 3 times the size of its stores located next to bb.q store, bb.q is raising average daily 13 times of table turn and higher customer visits compare to KFC. The success of this new FCD concept is expected to spread to new concepts that are competitive in other countries, such as large shopping malls, airports, and high streets.