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    Food & BeveragePublished deal

    Project Food - Financing

    Integrated business model combining food franchising with the manufacture of seasonings and prepared foods

    Location
    Korea
    Industry
    Food & Beverage
    RevenueKRW 10B-50B
    AskingKRW 50 billion on a 100% equity basis (negotiable)
    Deal structureNegotiable
    FinancialsRevenue increased from approximately KRW 5 billion in 2022 to KRW 33.4 billion in 2025, representing an 88% CAGR, with strong cash generation

    Investment highlights

    • Owns both brand-management and manufacturing capabilities; four brands spanning spicy monkfish stew and seaweed soup and approximately 200 franchisees have enabled rapid nationwide expansion, with additional domestic and overseas growth potential
    • No. 1 share in its category on delivery platforms and a stable operating record with a closure rate below 3%

    Deal partner

    Yujin Lim, Senior Manager