Gyushige Franchise Cost, Revenue & Review 2026
Data from FDD filing
Analysis by FranchiseVerdict Research · Methodology
Gyushige is a Japanese restaurant franchise specializing in premium wagyu yakiniku tabletop grilling. Franchisees run the restaurants, managing meat sourcing, grill service, and staffing.
FranchiseVerdict summary · 2026
A Gyushige franchise requires a total initial investment of $1.3M – $2.9M, including a $50K franchise fee and an ongoing 3.0% royalty[2]. The 2025 FDD does not disclose unit-level revenue (no Item 19). FranchiseVerdict grade: C (Average), an editorial assessment, not investment advice. Run a live ROI scan →
Data last verified · figures per the 2025 FDD issuance
Overview
- Investment
- $1.3M – $2.9M
- 36th pct Service Resta…
- Avg gross sales
- N/A
- 1 outlet
- Royalty
- 3.0%
- 1st pct Service Resta…
- Units
- 1
- 1st pct Service Resta…
- SBA charge-off
- N/A
Quick verdict · Full-Service Restaurants · color = vs category peers
Green = favorable by >10% vs Full-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 $1.3M – $2.9M including a $50K franchise fee, 3.0% ongoing royalty.
- RETURNSTotal revenue of $788,594 (FY ending Dec 31, 2024) is stated in Item 8, not drawn from the audited financials. Item 21 audited statements (Exhibit D) are image-only in the source text, so audited assets/liabilities/equity/net income and the CPA auditor name could not be extracted. other_revenue of $7,219 = supplier rebates earned from franchisee purchases (Item 8), representing 0.92% of total revenue.</revenue_footnote> <parameter name="financing_type">none
- RISKVerdict C (Average), verdict score 43/100 (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
- GYUSHIGE U.S.A. LLC
- Parent company
- Food Links International, Inc.
- CEO title
- Chief Executive Officer
- Takahiro Igo
- Incorporated in
- WA
- HQ
- 103 Bellevue Way NE Suite 3, Bellevue, Washington 98004
- Auditor
- CBIZ CPAs P.C.
- Audited financials
- Franchisor revenue
- $789K
- vs $140K prior year
- Management churn noted
- Frequent turnover
- Item 2 disclosed frequent executive changes
Overview
About
- CEO
- Takahiro Igo
- Headquarters
- WA
- Founded
- 2019
- FDD year
- 2025
- States available
- 1
Can you afford it, and what does the money buy?
Entry cost runs 79% above the typical full-service restaurants franchise.
Source: FDD 2025 · Items 5–7
Full Item 7 breakdown17 line items
Initial investment breakdown
| Line item | Low | High | |
|---|---|---|---|
| Initial Franchise Feenot refundable | $50K | $50K | |
| Security Depositnot refundable | $10K | $10K | |
| Construction and Leasehold Improvementsnot refundable | $840K | $1.8M | |
| Furniture, Fixtures and Equipmentnot refundable | $132K | $335K | |
| Signsnot refundable | $9K | $40K | |
| Computer, Software and Point of Sale Systemnot refundable | $8K | $24K | |
| Initial Opening Inventorynot refundable | $11K | $38K | |
| Prepaid Rent and Lease Depositsnot refundable | $8K | $50K | |
| Utility Depositsnot refundable | $5K | $30K | |
| Insurance Deposits and Premiumsnot refundable | $2K | $9K | |
| Travel and Lodging for Initial Trainingnot refundable | $1K | $10K | |
| Initial Training Feenot refundable | $12K | $12K | |
| Grand Opening Marketing Expensenot refundable | $3K | $3K | |
| Professional Feesnot refundable | $37K | $73K | |
| Business Licenses and Permitsnot refundable | $3K | $10K | |
| Printing, Stationery and Office Suppliesnot refundable | $500 | $2K | |
| Additional Funds - Three Monthsnot refundable | $150K | $451K | |
| Total initial investment | $1.3M | $2.9M |
Line items extracted from FDD Item 7. Ranges reflect the franchisor's stated low and high per line. Total is the sum of line-item lows / highs — actual costs may fall outside this range depending on market and build-out scope.
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $1.3M – $2.9M
- Top 40% of category vs category
- Liquid capital req'd
- $150K – $451K
- Top 40% of category vs category
- Franchise fee
- $50K – $50K
- Top 40% of category vs category
- Royalty
- 3.0%
- tiered · typical 6–8%
- Ad fund
- 0.0%
- 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 | 0.0% of gross sales |
| Technology fee | $0 |
| Training fee | $12K |
| Transfer fee | $10K |
| Renewal fee | $1K |
| Inventory (initial) | $11K – $38K |
| Total fee load | 5.0% of rev |
ROI & LBO modelsSingle-unit · 25-unit portfolio · editable
Gyushige 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 Gyushige unit return on the cash you put in?
Unlevered ROIC · per unit
Estimated return on your total franchise investment, before any debt financing.
5%
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: 2025 FDD
Financial Performance
Total revenue of $788,594 (FY ending Dec 31, 2024) is stated in Item 8, not drawn from the audited financials. Item 21 audited statements (Exhibit D) are image-only in the source text, so audited assets/liabilities/equity/net income and the CPA auditor name could not be extracted. other_revenue of $7,219 = supplier rebates earned from franchisee purchases (Item 8), representing 0.92% of total revenue.</revenue_footnote> <parameter name="financing_type">none
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 Full-Service Restaurants average of 7.6%.
Disclosure
Franchisor chose not to disclose financial performance representations. You will need to gather unit economics directly from existing franchisees.
Operator retention
Net unit growth roughly flat at 0.0%.
Multi-unit rate
67% of franchisees own multiple units — high repeat-buyer rate signals strong unit economics and operator satisfaction.
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 Full-Service Restaurants averages
How Gyushige Compares
Is the system healthy?
Source: FDD 2025 · Item 20
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 1
- 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
- 0
- Corporate units in the system
- % franchised
- 100%
- vs corporate-owned
- Multi-unit owners
- 66.7%
- Net growth (3-yr)
- +0.0%
- Net unit change over 3 years
- 3-yr CAGR
- +0.0%
- Compounded over last 3 years
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
- 1
- Franchisor's next-year forecast
- Continuity rate
- 100.0%
- Units that stayed open
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
Pre-scaling specialty restaurant franchise with extreme opacity on unit economics, single operational location, and prohibitively high capital requirements — validation impossible without detailed financial disclosure.
Litigation (Item 3)
No litigation required to be disclosed
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · CBIZ CPAs P.C.
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Supplier relationship · Items 8 & 16
- Franchisor sells you products: Yes
- 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 43 / 100 verdict
- 01MINOROnly 1 franchised unit in system with unknown growth trajectory — suggests brand is pre-scaling or stalled
- 02MINORNo average revenue or net income disclosure (Item 19) — impossible to validate ROI on $1.3M-$2.9M investment
- 03MEDHigh initial investment ($1.28M-$2.9M) combined with undisclosed profitability creates severe financial risk
- 04MINOR3-5% royalty on top of unknown baseline costs — true net margins cannot be assessed
- 05MINORSingle unit franchise system raises questions about franchisor viability, support infrastructure, and proof of concept
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 2025 · Items 11, 12, 17
FDD Items 12, 15, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 10 years |
|---|---|
| Renewal term | 10 years |
| Allowed renewalsℹ | 1 |
| Territory type | protected |
| Protected territory | Yes |
| Exclusive territoryℹ | No |
| Online sales rightsℹ | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Optional |
| Non-compete (years)ℹ | 2 years |
| Non-compete (miles)ℹ | 25 mi |
| Right of first refusalℹ | Yes |
| Transfer requires consent | Yes |
| Termination notice | 30 days |
| Mandatory arbitration | Yes |
| Arbitration location | King County, Washington |
| Jury trial waiver | Yes |
| Governing law | WA |
| Litigation count | 0 |
View Item 3 litigation summary
No litigation required to be disclosed
Items 10, 11
Training & Operations
- Classroom training
- 41 hrs
- On-the-job training
- 200 hrs
- Training location
- Fairfax, Virginia and franchisee's location
- Ongoing training
- Required
- Time to open
- 4 mo
- From signing to launch
- Site selection
- Franchisee selects; franchisor approves
- Franchisor financing
- Not offered
- Item 10
Items 5 & 11
Franchisor Support
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a Gyushige franchise?
The total investment to open a Gyushige franchise ranges from $1.3M – $2.9M, with an initial franchise fee of $50K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do Gyushige franchise owners earn?
Gyushige 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 Gyushige 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 Gyushige FDD and qualifies whose outlets they describe.
What is Gyushige's franchise failure rate?
SBA 7(a) loan charge-off data is not available for Gyushige (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 Gyushige franchise locations are there?
As of their most recent FDD filing, Gyushige has 1 total units in the United States, including 1 franchised units and 0 company-owned units.
Is Gyushige a good franchise to buy?
FranchiseVerdict rates Gyushige as a C-grade franchise with a verdict score of 43 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.