GENK - A Korean BBQ restaurant chain expanding in the USA Message Board

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Microcap & Penny Stocks : GENK - A Korean BBQ restaurant chain expanding in the USA

GENK 3.050

-0.7%

2:58 PM EDT

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From: Elroy	3/18/2025 5:01:11 PM
	of 16

I asked GENK Investor Relations a few questions via email, here's their comment on International Expansion in Korea..... The Company has not disclosed the unit economics for its South Korea locations, but the costs to open and operate will be lower than its current locations in the United States due to lower labor costs and faster build times in South Korea. The company has the team in place for this current phase of international expansion, so I would not expect any material increases on the corporate cost side of things. GEN’s competitive advantage in the South Korean market is the Company’s “all you can eat” beef, chicken, and pork menu as well as the large square footage of its restaurants both of which are not widely available in the country.

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