Kinya Franchise Cost, Revenue & Review 2026
Data from FDD filing
Analysis by FranchiseVerdict Research · Methodology
Kinya is a Japanese restaurant franchise serving ramen and sushi with an experiential, gold-accented menu. Franchisees run the restaurants, managing the kitchen, service, and staffing.
FranchiseVerdict summary · 2026
A Kinya franchise requires a total initial investment of $389K – $1.6M, including a $20K franchise fee and an ongoing 2.0% 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
- $389K – $1.6M
- 18th pct Service Resta…
- Avg gross sales
- N/A
- Royalty
- 2.0%
- 1st pct Service Resta…
- Units
- 4
- 6th 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 $389K – $1.6M including a $20K franchise fee, 2.0% ongoing royalty.
- RETURNSAll revenue consists of advertising revenues ($4,500) for the period from June 10, 2022 (inception) to December 31, 2022; first audited period, no prior year.
- RISKVerdict D (Below average), verdict score 30/100 (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
- Kinya Franchise LLC
- Parent company
- Kinya America LLC
- CEO title
- Managing Member
- Guiyang (Tony) Wang
- Incorporated in
- NJ
- HQ
- 495 Prospect Avenue, Suite 20, West Orange, New Jersey 07052
- Auditor
- Wei, Wei & Co., LLP
- Audited financials
- Franchisor revenue
- $5K
- Most recent fiscal year
Overview
About
- CEO
- Guiyang (Tony) Wang
- Headquarters
- NJ
- Founded
- 2022
- FDD year
- 2023
- States available
- 3
Can you afford it, and what does the money buy?
Entry cost runs 16% below the typical full-service restaurants franchise.
Source: FDD 2023 · Items 5–7
Full Item 7 breakdown20 line items
Initial investment breakdown
| Line item | Low | High | |
|---|---|---|---|
| Initial Franchise Feenot refundable | $20K | $20K | |
| Training Feenot refundable | $3K | $9K | |
| Website Fee - 3 Monthsnot refundable | $750 | $750 | |
| Rent - 3 Monthsnot refundable | $49K | $95K | |
| Lease & Utility Security Deposit | $11K | $95K | |
| Design & Architect Feesnot refundable | $3K | $30K | |
| Leasehold Improvementsnot refundable | $100K | $800K | |
| Signagenot refundable | $4K | $10K | |
| Equipment, Furniture and Fixturesnot refundable | $50K | $200K | |
| Point of Sale & Computer Equipmentnot refundable | $15K | $30K | |
| Security Systemnot refundable | $4K | $5K | |
| Business Licenses & Permits (Not Including Liquor License)not refundable | $5K | $8K | |
| Professional Feesnot refundable | $5K | $10K | |
| Insurance - 3 Monthsnot refundable | $9K | $30K | |
| Initial Inventorynot refundable | $10K | $20K | |
| Training Expensesnot refundable | $15K | $20K | |
| Grand Opening Marketingnot refundable | $5K | $5K | |
| On-Site Evaluation & Expensesnot refundable | $1K | $6K | |
| Opening Assistance & Training/Expensesnot refundable | $4K | $20K | |
| Additional Funds - 3 Monthsnot refundable | $75K | $150K | |
| Total initial investment | $389K | $1.6M |
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
- $389K – $1.6M
- Top 40% of category vs category
- Liquid capital req'd
- $75K – $150K
- Top 40% of category vs category
- Franchise fee
- $20K – $20K
- Top 40% of category vs category
- Royalty
- 2.0%
- percentage · typical 6–8%
- Ad fund
- Flat $1,000/month Brand Development and Website Fee (may …
- Total fee load
- 2.0%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 2.0% of gross sales |
| Technology fee | $250 |
| Training fee | $3K |
| Transfer fee | $15K |
| Renewal fee | $5K |
| Inventory (initial) | $10K – $20K |
| Total fee load | 2.0% of rev |
ROI & LBO modelsSingle-unit · 25-unit portfolio · editable
Kinya 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 Kinya unit return on the cash you put in?
Unlevered ROIC · per unit
Estimated return on your total franchise investment, before any debt financing.
9%
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
All revenue consists of advertising revenues ($4,500) for the period from June 10, 2022 (inception) to December 31, 2022; first audited period, no prior year.
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 2.0% — 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.
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 Kinya Compares
Is the system healthy?
Source: FDD 2023 · Item 20
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 4
- Opened
- 3
- Last reporting year
- Closed
- 0
- Turnover rate
- 0.0%
- Company-owned
- 4
- Corporate units in the system
- % franchised
- 0%
- vs corporate-owned
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
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 12 · 3 states 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.
3
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
Kinya presents HIGH RISK due to going concern status, micro-scale system (4 units), absence of financial disclosures, and undocumented unit growth trajectory.
Litigation (Item 3)
No litigation required to be disclosed.
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · Wei, Wei & Co., LLP
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 30 / 100 verdict
- 01HIGHGoing Concern status indicates potential financial distress or viability questions at franchisor level
- 02MEDOnly 4 units systemwide suggests minimal brand presence, limited support infrastructure, and high failure risk
- 03MEDNo Item 19 (financial performance representations) disclosed — impossible to validate ROI claims or assess unit profitability
- 04MINORWide investment range ($388.7K-$1.56M) with no average revenue/net income data prevents realistic payback period calculation
- 05MEDExtremely small franchise system provides no network effect, limited referral sources, or peer support network
- 06MINORUnknown unit growth trajectory — 4 units may be declining rather than stable, suggesting market rejection
- 07MINOR20-year term locks franchisees into relationship with potentially unstable franchisor
Severity inferred from the FDD text · not a regulatory classification
What are you signing up for?
Ongoing fees run about 2.0% 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 | 20 years |
|---|---|
| Renewal term | 10 years |
| Allowed renewalsℹ | 1 |
| Territory type | protected |
| Protected territory | Yes |
| Exclusive territoryℹ | No |
| Territory radius | 5 mi |
| 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 |
| RoFR response window | 30 days |
| Transfer requires consent | Yes |
| Termination notice | 30 days |
| Mandatory arbitration | Yes |
| Arbitration location | Essex County, New Jersey |
| Jury trial waiver | Yes |
| Governing law | NJ |
| Litigation count | 0 |
View Item 3 litigation summary
No litigation required to be disclosed.
Items 10, 11
Training & Operations
- Classroom training
- 0 hrs
- On-the-job training
- 70 hrs
- Training location
- West Orange, New Jersey (affiliate restaurant)
- Ongoing training
- Required
- Field support
- 56 hrs/yr
- On-site visits per year
- Time to open
- 12 mo
- From signing to launch
- Site selection
- Franchisee selects, franchisor approves
- Franchisor financing
- Not offered
- Item 10
- POS system
- Franchisor-designated POS system
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: Franchisor-designated POS system
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a Kinya franchise?
The total investment to open a Kinya franchise ranges from $389K – $1.6M, with an initial franchise fee of $20K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do Kinya franchise owners earn?
Kinya 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 Kinya 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 Kinya FDD and qualifies whose outlets they describe.
What is Kinya's franchise failure rate?
SBA 7(a) loan charge-off data is not available for Kinya (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 Kinya franchise locations are there?
As of their most recent FDD filing, Kinya has 4 total units in the United States, including 0 franchised units and 4 company-owned units. 3 new units were opened in the latest reporting year.
Is Kinya a good franchise to buy?
FranchiseVerdict rates Kinya as a D-grade franchise with a verdict score of 30 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?
If you represent Kinya, you can request corrections or provide updated information.
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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.