Bottom line
- Total investment $152K – $286K including a $30K franchise fee, 5.0% ongoing royalty.
- No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
- Rated MODERATE with a risk score of 65/100. SBA loan default rate of 0.0% across 4 loans (below the industry average).
- No Item 19 financial performance representation. Without franchisor-disclosed revenue data, you'll need to gather unit economics directly from existing franchisees.
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 Fuji Grill unit return on the cash you put in?
Unlevered ROIC · per unit
51%
In Yale's "attractive" band (30–60%)
Overview
About
Fuji Grill franchisees operate Japanese grill restaurants, managing table-top cooking experiences, kitchen operations, inventory, and customer service. Day-to-day activities include food preparation, tableside grilling, staff management, and typical restaurant P&L responsibilities. The model appears casual-dining focused with interactive dining as the core experience.
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 12 · 1 state reported
The Territory Map
FDD Item 12 reports the state count, but the specific list isn't in our current data. The map will appear once we re-extract from the FDD or enough franchisee contacts are available.
1
states with franchisees (per FDD Item 12)
Government records
SBA Loan Data
Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Micro-franchise with non-disclosed financials, going concern issues, litigation history, and zero verifiable performance metrics — investment thesis cannot be validated.
Score breakdown · what drove the 65 / 100 rating
- 01MINOROnly 5 units system-wide with unknown/likely stagnant growth trajectory raises sustainability concerns
- 02HIGHGoing Concern status is FALSE — indicates potential financial instability at franchisor level
- 03MINORNo Item 19 (Average Unit Volume) disclosure prevents ROI validation on $152k-$286k investment
- 04HIGHHistorical litigation including breach of contract (2013) and ADA compliance issues (2019-2020) suggests operational/legal vulnerabilities
- 05MED5% royalty on undisclosed average revenue makes true cost structure impossible to assess
- 06MEDTiny unit count with no disclosed expansion plans suggests limited franchisor resources and brand recognition
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
10 numbers
One-time purchase · CSV download · Validation questions included
FDD download
Fuji Grill · FDD (2025) PDF