Fusabowl Franchise Cost, Revenue & Review 2026
Data from FDD filing
Analysis by FranchiseVerdict Research · Methodology
Fusabowl is a fast-casual franchise serving customizable poke and grain bowls with fresh ingredients. Franchisees run the restaurants, managing fresh prep, staffing, and counter service.
FranchiseVerdict summary · 2026
A Fusabowl franchise requires a total initial investment of $304K – $627K, including a $40K franchise fee and an ongoing 3.0% royalty[2]. The 2023 FDD does not disclose unit-level revenue (no Item 19). FranchiseVerdict grade: D (Below average), an editorial assessment, not investment advice. Run a live ROI scan →
Data last verified · figures per the 2023 FDD issuance
Overview
- Investment
- $304K – $627K
- 50th pct Service Resta…
- Avg gross sales
- N/A
- Royalty
- 3.0%
- 1st pct Service Resta…
- Units
- 7
- 30th pct Service Resta…
- SBA charge-off
- N/A
Quick verdict · Quick-Service Restaurants · color = vs category peers
Green = favorable by >10% vs Quick-Service Restaurants avg · No shading = within ±10% · Red = unfavorable by >10% · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
Bottom line
- COSTTotal investment $304K – $627K including a $40K franchise fee, 3.0% ongoing royalty.
- RETURNSEntity: Fusabowl Franchising LLC. Audited Financial Statement "As of December 31, 2022 and Independent Auditors' Report," signed by Wei, Wei & Co., LLP. This is an initial-period statement consisting ONLY of a Balance Sheet plus notes (per the table of contents: Independent Auditors' Report, Balance Sheet, Notes) — there is no statement of operations, so no revenue or net income is reported. The provided page images (p277-p280) include only the cover, exhibit title, table of contents, and the first page of the Independent Auditors' Report; the actual Balance Sheet figures (assets, liabilities, member's equity) are on page 4 of the statement, which was NOT included in this image set. All balance-sheet figures therefore null/not shown.
- RISKVerdict D (Below average), verdict score 36/100 (higher is better).
- DATANo 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
Corporate structure & franchisor financials
- Legal entity
- Fusabowl Franchising LLC
- Parent company
- None
- CEO title
- Chief Executive Officer
- Yang (Jason) Lin
- Incorporated in
- NY
- HQ
- 17 Allen Street, 3rd Floor, New York, New York 10002
- Auditor
- Wei, Wei & Co., LLP
- Audited financials
Overview
About
- CEO
- Yang (Jason) Lin
- Headquarters
- NY
- Founded
- 2022
- FDD year
- 2023
- States available
- 1
Can you afford it, and what does the money buy?
Entry cost runs 29% below the typical quick-service restaurants franchise.
Source: FDD 2023 · Items 5–7
FDD Item 7 · 2023 filing
Initial investment breakdown
| Cost component | Low | High |
|---|---|---|
| Initial franchise fee | $40K | $40K |
| Working capital (3–6 mo) | $90K | $150K |
| Equipment, build-out, other | $174K | $437K |
| Total initial investment | $304K | $627K |
Source: Fusabowl 2023 FDD, Items 5 and 7[2]. “Equipment, build-out, other” is computed as total minus disclosed line items above.
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $304K – $627K
- Middle of category vs category
- Liquid capital req'd
- $90K – $150K
- Bottom third — review vs category
- Franchise fee
- $40K – $40K
- Middle of category vs category
- Royalty
- 3.0%
- percentage · typical 6–8%
- Ad fund
- 1.0%
- typical 3–5%
- Total fee load
- 5.0%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 3.0% of gross sales |
| Marketing / ad fund | 1.0% of gross sales |
| Technology fee | $0 |
| Training fee | $10K |
| Transfer fee | $10K |
| Renewal fee | $20K |
| Inventory (initial) | $15K – $20K |
| Total fee load | 5.0% of rev |
ROI & LBO modelsSingle-unit · 25-unit portfolio · editable
Fusabowl did not disclose financial performance in FDD Item 19. The ROIC and return models require Item 19 revenue. Without it all inputs are estimates. You can still run the calculator with your own assumptions by entering an expected revenue figure.
Returns model · single-unit ROIC
What would one Fusabowl unit return on the cash you put in?
Unlevered ROIC · per unit
Estimated return on your total franchise investment, before any debt financing.
23%
Below the 30–60% attractive-franchise band
These models are for research and scenario planning only. Not investment advice. Actual results depend on your specific location, management, and market conditions. Consult a franchise attorney and accountant before signing any franchise agreement.
Item 19 · Source: 2023 FDD
Financial Performance
Entity: Fusabowl Franchising LLC. Audited Financial Statement "As of December 31, 2022 and Independent Auditors' Report," signed by Wei, Wei & Co., LLP. This is an initial-period statement consisting ONLY of a Balance Sheet plus notes (per the table of contents: Independent Auditors' Report, Balance Sheet, Notes) — there is no statement of operations, so no revenue or net income is reported. The provided page images (p277-p280) include only the cover, exhibit title, table of contents, and the first page of the Independent Auditors' Report; the actual Balance Sheet figures (assets, liabilities, member's equity) are on page 4 of the statement, which was NOT included in this image set. All balance-sheet figures therefore null/not shown.
Operator outlook
What the numbers say
Data-driven interpretation of this brand's financial disclosures, fee structure, and system trajectory.
Fee burden
Total ongoing fee load of 5.0% — below the Quick-Service Restaurants average of 7.9%.
Disclosure
Franchisor chose not to disclose financial performance representations. You will need to gather unit economics directly from existing franchisees.
Multi-unit rate
Only 14% of franchisees own multiple units. Could indicate challenging economics or a young system where operators haven't had time to expand.
Source: FDD Item 19 financial performance representations and publicly filed FDD data. Past performance is not indicative of future results. Verify all figures with the franchisor and current franchisees before making any investment decision.
vs Quick-Service Restaurants averages
How Fusabowl Compares
Is the system healthy?
Source: FDD 2023 · Item 20
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 7
- Opened
- 0
- Last reporting year
- Closed
- 0
- Terminated
- 0
- Franchisor ended the franchise (per Item 20)
- Non-renewed
- 0
- Term expired, not renewed (per Item 20)
- Turnover rate
- 0.0%
- Company-owned
- 7
- Corporate units in the system
- % franchised
- 0%
- vs corporate-owned
- Multi-unit owners
- 14.3%
3-year detail · Item 20
- Opened (3yr)
- 0
- Closed (3yr)
- 0
- Terminated (3yr)
- 0
- Non-renewed (3yr)
- 0
- Transfers (3yr)
- 0
- Reacquired (3yr)
- 0
- Franchisor bought back
- Projected new
- 7
- Franchisor's next-year forecast
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)
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA 7(a) and 504 loan disclosures, public data unique to FranchiseVerdict.
No SBA loan data available for this brand.
What could kill this investment?
Source: SBA 7(a) FOIA · FDD Items 3, 21
Risk analysis
FranchiseVerdict rating + FDD Items 3, 4, 8, 16, 21
Risk & Legal
Fusabowl presents high financial risk due to going concern status, micro-scale system, undisclosed unit economics, and lack of territorial protection.
Litigation (Item 3)
No litigation is required to be disclosed in Item 3
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · Wei, Wei & Co., LLP
Supplier relationship · Items 8 & 16
- Franchisor sells you products: No
- Kickbacks from required suppliers: Yes
- Must buy proprietary products: Yes
- Restricted to system-approved products: Yes
- Can negotiate own supplier terms: No
Score breakdown · what drove the 36 / 100 verdict
- 01HIGHGoing Concern status indicates financial instability at franchisor level
- 02MEDOnly 7 units system-wide suggests minimal scale, weak brand recognition, and limited support infrastructure
- 03MINORNo average revenue or net income disclosure (Item 19) prevents ROI validation and suggests poor unit economics
- 04MINORTerritory not protected creates direct competition risk between franchisees and cannibalizes sales
- 05MINORWide investment range ($303K–$627K) indicates inconsistent site costs and unpredictable startup expenses
- 06MINORUnknown unit growth trajectory raises questions about system viability and franchisee retention
Severity inferred from the FDD text · not a regulatory classification
What are you signing up for?
Ongoing fees run about 5.0% of sales (royalty + ad fund), before rent and labor.
Source: FDD 2023 · Items 11, 12, 17
FDD Items 12, 15, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 10 years |
|---|---|
| Renewal term | 5 years |
| Allowed renewalsℹ | 2 |
| Territory type | protected |
| Protected territory | Yes |
| Exclusive territoryℹ | No |
| Territory radius | 3 mi |
| Online sales rightsℹ | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Required |
| Non-compete (years)ℹ | 2 years |
| Non-compete (miles)ℹ | 10 mi |
| Right of first refusalℹ | Yes |
| Transfer requires consent | Yes |
| Termination notice | 30 days |
| Mandatory arbitration | No |
| Arbitration location | N/A - no arbitration provision |
| Jury trial waiver | No |
| Governing law | NY |
| Litigation count | 0 |
View Item 3 litigation summary
No litigation is required to be disclosed in Item 3
Items 10, 11
Training & Operations
- Classroom training
- 8 hrs
- On-the-job training
- 112 hrs
- Training location
- Fusabowl Corporate Office and affiliate-owned restaurant in Gainesville, FL; New York, NY; or Cincinnati, OH
- Ongoing training
- Required
- Time to open
- 12 mo
- From signing to launch
- Site selection
- Franchisee selects, franchisor approves
- Franchisor financing
- Not offered
- Item 10
- POS system
- Computer and Point of Sale System
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: Computer and Point of Sale System
Item 20 · call current owners
Franchisee Contacts
1 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
Fusabowl · FDD (2023) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a Fusabowl franchise?
The total investment to open a Fusabowl franchise ranges from $304K – $627K, with an initial franchise fee of $40K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do Fusabowl franchise owners earn?
Fusabowl does not disclose average franchise owner earnings in their FDD Item 19. Not all franchisors are required to make financial performance representations. We recommend asking existing franchisees directly about their financial experience.
What is Item 19 in the Fusabowl FDD?
The FDD section where a franchisor may disclose financial performance of its outlets. Disclosure is optional and formats vary; figures are typically gross sales, which is revenue before expenses, not profit. FranchiseVerdict extracts these figures directly from the Fusabowl FDD and qualifies whose outlets they describe.
What is Fusabowl's franchise failure rate?
SBA 7(a) loan charge-off data is not available for Fusabowl (fewer than 10 loans on file). Charge-off rates are one way to gauge franchise risk, but not all franchise loans go through the SBA program. We recommend reviewing turnover and closure data in the FDD and speaking with current franchisees.
How many Fusabowl franchise locations are there?
As of their most recent FDD filing, Fusabowl has 7 total units in the United States, including 0 franchised units and 7 company-owned units.
Is Fusabowl a good franchise to buy?
FranchiseVerdict rates Fusabowl as a D-grade franchise with a verdict score of 36 out of 100 (higher is better), based on our analysis of investment costs, revenue data, SBA loan performance, and growth trends. Our rating is based solely on publicly available FDD and government data; we recommend speaking with current franchisees before making any investment decision. This is not investment advice.
Data sourced from public FDD filings and SBA 7(a) FOIA records. Not financial advice.
For franchisors
Are you the franchisor?
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Data extracted from public FDD filings and SBA 7(a) loan disclosures (FOIA). This information is provided for research purposes only and does not constitute financial, legal, or investment advice. Verify all figures with the franchisor's current Franchise Disclosure Document before making any investment decision.