AFURI Ramen + Dumpling
Bottom line
- Total investment $591K – $1.2M including a $45K franchise fee, 5.0% ongoing royalty.
- No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
- Rated CAUTION with a risk score of 72/100.
- Auditor disclosed a going-concern note — flagged doubt about the franchisor's ability to continue operations. Verify against the latest FDD.
Item 1 · who you're contracting with
The Franchisor
Yale framework · single-unit ROIC
Returns Analysis
Pulls Item 7 (investment) and Item 19 (revenue) from this brand's FDD into the Yale unlevered-ROIC formula. Override any input to stress-test it against your own assumptions.
The model · Yale framework
What would one AFURI Ramen + Dumpling unit return on the cash you put in?
Unlevered ROIC · per unit
14%
Below typical band (30–60%)
Overview
About
AFURI franchisees operate quick-service ramen and dumpling restaurants featuring Japanese-style noodle dishes and handmade dumplings. Day-to-day responsibilities include managing kitchen prep (noodle/broth making), front-of-house service, inventory control, labor scheduling, and maintaining quality standards across a limited menu. Most locations operate as small dining rooms or counter-service formats with 20–40 seats.
Item 7 · what it costs
The Vitals
Item 19
Financial Performance
This franchisor did not disclose financial performance representations in Item 19, or our extractor could not parse them.
Item 20 · unit dynamics
The Growth Chart
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 22 states with active franchisees
The Territory Map
Derived from franchisee contact records. Shows states with at least one current operator — not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).
States derived from franchisee phone area codes (Item 20). Approximate — ported numbers may show the original state, not the franchisee's current location.
Government records
SBA Loan Data
Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.
No SBA loan data available for this brand.
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Rapid franchise system collapse (67% unit loss YoY), undisclosed financials, and high investment requirements create extreme risk of franchisee failure.
Score breakdown · what drove the 72 / 100 rating
- 01MEDCatastrophic unit decline of 66.7% YoY (from ~18 to 6 units) signals severe system distress or mass closures
- 02MINORNo average revenue or net income disclosure in FDD Item 19 prevents ROI validation and profit assessment
- 03MINORHigh initial investment ($591k–$1.15M) with 5% royalty creates significant financial risk without performance benchmarks
- 04MINOROnly 6 remaining units provides minimal peer network and suggests weak franchisee support or operational model failure
- 05MINORAsian cuisine segment faces labor cost pressures, food cost volatility, and intense local competition in most markets
Severity inferred from the FDD text · not a regulatory classification
FDD Items 5, 6, 12, 17 · continued from Risk & Legal
Contract & Territory Detail
Item 11
Training & Operations
Item 20
Franchisee Contacts
Phone numbers extracted directly from this brand's FDD Item 20. After purchase, you'll also receive a list of validation questions tailored to this brand.
Franchisee contacts
29 numbers
One-time purchase · CSV download · Validation questions included
FDD download
AFURI Ramen + Dumpling · FDD (2024) PDF