Company Description
GEN Restaurant Group, Inc. (NASDAQ: GENK) is the owner of GEN Korean BBQ, which it describes as one of the largest Asian casual dining restaurant concepts in the United States. According to the company, GEN Korean BBQ offers a fast-growing casual dining experience built around an extensive menu of traditional Korean and Korean‑American food and a signature “grill at your table” format where guests cook their own meals on embedded grills.
GEN Restaurant Group operates company-owned GEN Korean BBQ restaurants. The brand emphasizes high‑quality meats, poultry, seafood, and mixed vegetables, combined with modern décor and a lively atmosphere. The company states that this interactive style of dining appeals to a broad segment of the population by pairing Korean barbecue flavors with an engaging, social experience.
Business focus and concept
The company positions GEN Korean BBQ as a casual dining concept where guests serve as their own chefs, preparing food on grills installed in the center of each table. Its menu is described as extensive, featuring traditional Korean and Korean‑American items and a variety of proteins and vegetables. GEN highlights the combination of flavor, value, and an interactive format as central to its concept.
GEN Restaurant Group is part of the Accommodation and Food Services sector and is classified in the Food Service Contractors industry. It reports that it operates dozens of company‑owned locations, and press releases note expansion across multiple U.S. states and into South Korea. The company has also referenced a dual‑concept format that includes GEN Korean BBQ and a related concept called KAN Sushi in certain international locations.
Brand history and scale
According to the company, GEN Korean BBQ was founded in 2011 by two Korean immigrants in Los Angeles. From those origins, the brand has expanded to more than 50 company‑owned locations, based on disclosures that reference over 52 locations and a total store count of 52 across eleven U.S. states and South Korea at a particular point in time. GEN describes itself as a fast‑growing concept, citing new restaurant openings in markets such as Texas and California and international growth in South Korea.
In its own materials, GEN Korean BBQ notes that it has opened locations in multiple U.S. states and several international locations in South Korea. The company has announced openings in regions such as San Diego, California and El Paso, Texas, as well as new sites in South Korea that include both GEN Korean BBQ and KAN Sushi restaurants. These disclosures illustrate the company’s focus on geographic expansion of its restaurant base.
Restaurant operations and growth initiatives
GEN Restaurant Group reports that it operates its restaurants on a company‑owned basis. In its financial commentary, the company has discussed opening multiple new locations within a year and maintaining a development pipeline of additional restaurants under construction. It also reports on metrics such as restaurant‑level adjusted EBITDA and restaurant pre‑opening expenses, reflecting a focus on monitoring restaurant‑level performance and the costs associated with new unit development.
The company has indicated that it operates with access to a line of credit and has discussed cash and cash equivalents and the absence of material long‑term debt in certain periods, describing this as supporting its ability to pursue its strategic priorities and restaurant growth plans. GEN also highlights the role of labor efficiencies, occupancy costs, and other operating expenses in its restaurant operating results.
Consumer packaged goods and retail expansion
In addition to its restaurants, GEN Restaurant Group has described an incubator division and a growing presence in consumer packaged goods. The company has announced a Ready‑to‑Cook Meats line of Korean BBQ‑inspired products sold through grocery retailers. Press releases describe the launch of this line in Pavilions grocery stores and subsequent expansion into Albertsons, Vons, and Safeway locations.
GEN states that it offers four bold, authentic Korean BBQ‑inspired products in its Ready‑to‑Cook line, designed for convenience and flavor and based on Korean ingredients. The company has reported rapid growth in grocery distribution, moving from dozens of stores to hundreds of grocery locations across California and Hawaii. It attributes this expansion to strong consumer demand for Korean cuisine and to brand recognition built through its restaurants, gift cards at big‑box retailers, and social media.
Brand ecosystem and Korean culture focus
GEN Restaurant Group describes its strategy as building a broader GEN ecosystem that extends beyond restaurants. In its own words, this ecosystem spans food and beverages, digital assets, entertainment, and consumer packaged goods, with each element intended to reinforce the others under a unified GEN brand. The company emphasizes authentic Korean products and experiences and positions itself as a brand that highlights Korean culture through its restaurant concept and related offerings.
The company notes that Korean cuisine is a growing area of interest among consumers and references internal studies indicating that a significant portion of purchasers of its Ready‑to‑Cook meats were already familiar with the GEN brand from visiting its restaurants. GEN presents this as evidence that its restaurant operations and retail products are complementary rather than competitive, and that brand awareness can support both channels.
Public company status and governance
GEN Restaurant Group, Inc. trades on The Nasdaq Global Market under the ticker symbol GENK. The company files reports with the U.S. Securities and Exchange Commission, including annual reports on Form 10‑K, quarterly results press releases furnished on Form 8‑K, and proxy materials on Schedule 14A. An 8‑K filing notes that GEN issued press releases announcing financial results for quarters ended June 30, 2025 and September 30, 2025, and another 8‑K describes the submission of matters to a vote of stockholders at the 2025 Annual Meeting.
At that annual meeting, stockholders voted on the election of a Class III director and the ratification of the appointment of the company’s independent registered public accounting firm for the fiscal year ending December 31, 2025. The filing reports that holders of Class A and Class B common stock voted together as a single class, with Class A shares entitled to one vote per share and Class B shares entitled to ten votes per share as of the record date.
Financial reporting and performance measures
GEN Restaurant Group’s financial disclosures reference revenue, income or loss from operations, restaurant operating expenses, and net income or loss before income taxes. The company also presents non‑GAAP measures such as adjusted EBITDA, restaurant‑level adjusted EBITDA, restaurant‑level adjusted EBITDA margin, and adjusted net income. It explains that these measures adjust for items including depreciation and amortization, pre‑opening costs, general and administrative expenses, non‑cash lease expense, stock‑based compensation, and certain other items, and that management believes they help highlight trends in the core business.
The company’s commentary has discussed factors affecting restaurant operating expenses, including cost of goods sold, payroll and benefits, occupancy costs, and other operating costs, as well as restaurant pre‑opening expenses associated with new locations. GEN has also described paying a cash dividend per share in a particular quarter and noted access to a credit facility as part of its liquidity.
Investor information and stock research
Investors researching GENK can review GEN Restaurant Group’s SEC filings, including its Annual Report on Form 10‑K for the year ended December 31, 2024 and subsequent filings, for detailed information on risk factors, financial statements, and management’s discussion and analysis. The company also issues press releases that provide updates on restaurant openings, retail product launches, international expansion, and quarterly financial results.
Because GEN Restaurant Group operates in the food service and restaurant space with a focus on Korean barbecue and related consumer packaged goods, investors may pay particular attention to unit growth, same‑store performance as disclosed, restaurant‑level profitability, expansion into new markets, and the development of its retail and ecosystem initiatives, as described in its own communications. All such information should be evaluated directly from the company’s official filings and press releases.