KYOCHON F&B, which operates the franchise Kyochon Chicken, announced on the 19th that it will temporarily reduce the exclusive oil supply price for franchise stores by 9.7% until the end of the year. This is to support franchise owners who are experiencing operational difficulties due to domestic stagnation and various fees.
According to KYOCHON F&B, from the shipments on the 15th, the exclusive oil supply price for Kyochon provided to franchise stores nationwide has been reduced by 9.7% until December 31 this year. This is part of a coexistence policy devised after considering effective support to directly help franchise owners with their store operations, decided in consultation with the Franchise Communication Committee.
This coexistence policy involves investing in expenses at headquarters. KYOCHON F&B explained that the policy began from efforts to improve franchise revenue and operational support.
A KYOCHON F&B official said, "Franchise owners, indeed, are strong partners in building the brand together with Kyochon, so we are continuously seeking ways to coexist and grow together. In the future, we will also implement various policies that enable us to work together with franchises for sustainable coexistence based on trust and cooperation."