FranchiseVerdict
Gyu-Kaku logo
FV-01135·MODERATEExcellent81

Gyu-Kaku

Food & Beverage - Full ServiceFranchising since 2008Website
Investment
$2.3M – $4.3M
97th pct Full Service
Avg revenue
57th pct Full Service
Royalty
5.0%
15th pct Full Service
Units
60
75th pct Full Service
SBA default
0.0%
vs <3% typical

Bottom line

  • Total investment $2.3M – $4.3M including a $50K 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 62/100. SBA loan default rate of 0.0% across 19 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

Legal entity
Reins USA Franchise Company, Inc.
Parent company
Reins International (USA) Co., Ltd.
Incorporated in
California
HQ
20000 Mariner Avenue, Suite 500, Torrance, California 90503
Auditor
Premier Kaikei LLP
Audited financials
Franchisor revenue
$6.9M
vs $7.2M prior year

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 Gyu-Kaku unit return on the cash you put in?

Revenue · per unit, per year
$
Item 19 not disclosed — typing your own estimate
Franchisor take · royalty + ad fund
Royaltytyp 68%
%
Ad fundtyp 35%
%
Operating costs · category default: generic
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $2.3M–$4.3M
Working capital
$
FDD reports $15K–$60K

Unlevered ROIC · per unit

4%

Below typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$124K
EBITDA margin
16.5%
Total invested
$3.3M
Payback
321 mo
Unit-level only. A multi-unit portfolio gives up roughly 5–15% of this to shared services (corporate G&A) before reaching the ~10-unit break-even Yale describes.

Overview

About

Franchisees operate upscale Japanese yakiniku (tableside grilling) restaurants featuring interactive dining where customers grill premium meats, seafood, and vegetables at tabletop burners. Day-to-day operations involve managing specialized kitchen staff trained in meat preparation, coordinating table-side service protocols, inventory management of high-cost proteins, and maintaining Japanese hospitality standards in a labor-intensive, capital-heavy restaurant environment.

CEO
Ryo Tozu
Founded
2008
FDD year
2025
States available
14

Item 7 · what it costs

The Vitals

Total investment
$2.3M – $4.3M
All-in to open one unit
Liquid capital
$15K – $60K
Cash you must have on hand
Franchise fee
$50K
Royalty
5.0%
Gross Sales · typical 6–8%
Ad fund
1.5%
typical 3–5%
Total fee load
6.5%
vs 9–13% typical

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

Total units
60
Opened
0
Last reporting year
Closed
1
Turnover rate
1.7%
Company-owned
32
Corporate units in the system
% franchised
47%
vs corporate-owned
Multi-unit owners
10.0%
Net growth (yr3)
-12.5%
Net unit change last year
3-yr CAGR
+0.0%
Compounded over last 3 years
2023
28-5
Franchised units
2024
32
Franchised units
2025
28
Franchised units

Year-over-year franchised unit counts and net change. Source: FDD Item 20.

Item 20 · 16 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).

AK
ME
VT
NH
MA
RI
CT
NY
NJ
PA
DE
MD
DC
WA
OR
CA
NV
ID
MT
WY
UT
CO
AZ
NM
ND
SD
NE
KS
OK
TX
MN
IA
MO
AR
LA
WI
IL
MS
TN
MI
IN
KY
AL
OH
WV
GA
VA
NC
SC
FL
HI
Registered · 16 states
Not registered

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.

Total loans
19
Loan volume
Avg loan
Default rate
0.0%
vs <3% typical · system-wide
5-yr default

FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17

Risk & Legal

62
Risk · 0-100
MODERATE62 / 100

Gyu-Kaku presents HIGH RISK due to contracting unit base (-12.5% YoY), absent profitability disclosure, and capital-intensive model with unproven returns in a niche culinary category.

Score breakdown · what drove the 62 / 100 rating

  1. 01MINORUnit count declining 12.5% YoY (60 units) indicates system contraction and potential demand weakness
  2. 02MINORNo average revenue or net income disclosure (Item 19) prevents ROI validation and suggests weak unit economics
  3. 03MEDHigh initial investment ($2.3M–$4.3M) combined with undisclosed profitability creates extreme uncertainty on payback period
  4. 04MEDJapanese izakaya concept is niche with limited addressable market and high operational complexity (tableside grilling, specialized labor)
  5. 05MINORTiered royalty structure (5%→4.5%→4%) suggests franchisor depends on high-volume units; declining unit count threatens franchise support sustainability
  6. 06HIGHNo disclosed litigation but declining footprint may reflect unresolved franchisee disputes or brand performance issues

Severity inferred from the FDD text · not a regulatory classification

FDD Items 5, 6, 12, 17 · continued from Risk & Legal

Contract & Territory Detail

Territory
Radius or specific geographical area
Protected territory
Yes
Initial term
10 years
Renewal term
10 years
Online sales rights
Restricted
Franchisor can compete
Yes
Hire a manager?
Allowed
Litigation count
0
Right of first refusal
Yes
Franchisor can buy back on resale
Mandatory arbitration
Yes
Jury trial waiver
Yes
Non-compete
2 yrs
Post-termination restriction
Owner-operator
Required
Governing law
California

Item 11

Training & Operations

Classroom training
46 hrs
On-the-job training
304 hrs
POS system
Aloha
Operating tech stack

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

36 numbers

Locked
(401) 462-••••
Director, Rhode Island Dept. of Business Regulations
RI
(913) 681-••••
KS
(513) 888-••••
OH

One-time purchase · CSV download · Validation questions included

FDD download

Gyu-Kaku · FDD (2025) PDF

Single-page checkout · instant download · CSV export of contacts available separately above