Katsu Bar and Noodle
Bottom line
- Total investment $268K – $439K including a $30K franchise fee, 6.0% 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 2 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 Katsu Bar and Noodle unit return on the cash you put in?
Unlevered ROIC · per unit
30%
In Yale's "attractive" band (30–60%)
Overview
About
Franchisees operate casual Asian noodle restaurants focusing on katsu (breaded cutlet) dishes and ramen-style noodles. Day-to-day operations include food prep, counter service, managing 8-15 staff, inventory control, and local marketing within a quick-casual dining model.
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
Early-stage concept with aggressive growth, no financial transparency, unprotected territory, and undisclosed going concern issues present substantial ROI and operational risk.
Score breakdown · what drove the 65 / 100 rating
- 01MINORNo financial disclosure (Item 19) — cannot validate the $268K-$439K investment ROI claims
- 02HIGHGoing Concern = False — suggests potential financial instability at corporate level
- 03MINORZero territory protection — direct competition from other franchisees and corporate locations
- 04MINORRapid unit growth (66.7% YoY) with only 9 units — indicates either explosive demand or unsustainable expansion without profitability proof
- 05MED6% royalty + undisclosed operating costs on unverified revenue = unknown true profitability
- 06MINORSmall franchise system (9 units) increases corporate support risk and closure probability
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
6 numbers
One-time purchase · CSV download · Validation questions included
FDD download
Katsu Bar and Noodle · FDD (2025) PDF