GyushigeFranchise Cost, Revenue & Review 2026
Data from FDD filing
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). Verdict grade: C. Run a live ROI scan →
Data last verified June 18, 2026 · figures per the 2025 FDD issuance
Overview
- Investment
- $1.3M – $2.9M
- 45th pct Service Resta…
- Avg gross sales
- N/A
- 28th pct Service Resta…
- Royalty
- 3.0%
- 1st pct Service Resta…
- Units
- 1
- 2nd pct Service Resta…
- SBA default
- N/A
Quick verdict · Full-Service Restaurants · color = vs category peers
Green = >15% above Full-Service Restaurants avg · No shading = within ±15% · Red = >15% below avg · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
The franchisor's auditor raised doubt about continued operations. This is a serious risk signal.
Bottom line
- Total investment $1.3M – $2.9M including a $50K franchise fee, 3.0% ongoing royalty.
- No Item 19 financial performance data disclosed. The franchisor chose not to publish revenue figures.
- Verdict C (Average) with a risk score of 65/100.
- Auditor disclosed a going-concern note, which flagged doubt about the franchisor's ability to continue operations. Verify against the latest FDD.
Item 1 · who you're contracting with
The Franchisor
- 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
- $129K
- vs $140K prior year
- Management churn noted
- Frequent turnover
- Item 2 disclosed frequent executive changes
- ⚠ Going-concern note
- Disclosed in FDD 2025
- Auditor flagged doubt about continued operations. Verify against the latest FDD before deciding.
Overview
About
Gyushige franchisees operate upscale Japanese wagyu beef restaurants featuring premium yakiniku (grilled meat) service. Day-to-day operations include sourcing high-grade beef inventory, managing table-grill service, training specialized culinary staff, and maintaining strict quality/food safety protocols consistent with premium dining positioning.
- CEO
- Takahiro Igo
- Headquarters
- WA
- Founded
- 2019
- FDD year
- 2025
- States available
- 1
FDD Item 7 · 2025 filing · 17 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
- Near category avg vs category
- Liquid capital req'd
- $150K – $451K
- Near category avg vs category
- Franchise fee
- $50K – $50K
- Better than avg vs category
- Royalty
- 3.0%
- Gross Sales · typical 6–8%
- Ad fund
- 2.0%
- 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 | 2.0% of gross sales |
| Technology fee | $200 |
| Training fee | $12K |
| Transfer fee | $10K |
| Renewal fee | $1K |
| Total fee load | 5.0% of rev |
Financial Performance
This franchisor did not disclose financial performance representations in Item 19, or our extractor could not parse them.
vs Full-Service Restaurants averages
How Gyushige Compares
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 (yr3)
- +0.0%
- Net unit change last year
- 3-yr CAGR
- +0.0%
- Compounded over last 3 years
3-year detail · Item 20
- Transfers (3yr)
- 0
- 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.
Risk analysis
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
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.⚠ Going-concern note flagged
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Supplier relationship · Items 8 & 16
- Franchisor sells you products: Yes
- Kickbacks from required suppliers: No
- Must buy proprietary products: Yes
- Restricted to system-approved products: Yes
- Can negotiate own supplier terms: No
Score breakdown · what drove the 65 / 100 rating
- 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
- 03MINORExtremely wide investment range ($1.6M spread) indicates inconsistent build-out costs and unclear unit economics
- 04MEDHigh initial investment ($1.28M-$2.9M) combined with undisclosed profitability creates severe financial risk
- 05MINOR3-5% royalty on top of unknown baseline costs — true net margins cannot be assessed
- 06MINORSingle unit franchise system raises questions about franchisor viability, support infrastructure, and proof of concept
Severity inferred from the FDD text · not a regulatory classification
FDD Items 5, 6, 12, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 10 years |
|---|---|
| Renewal term | 10 years |
| Allowed renewalsℹ | 1 |
| Territory type | Designated Territory |
| Protected territory | Yes |
| Exclusive territoryℹ | No |
| 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 | 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 | Washington |
| 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
- Time to open
- 4 mo
- From signing to launch
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 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 risk score of 65 out of 100, 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.
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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.