Kitakata Ramen Ban Nai
Bottom line
- Total investment $521K – $1.2M including a $40K 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 60/100.
- Auditor disclosed a going-concern note — flagged doubt about the franchisor's ability to continue operations. Verify against the latest FDD.
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 Kitakata Ramen Ban Nai unit return on the cash you put in?
Unlevered ROIC · per unit
13%
Below typical band (30–60%)
Overview
About
Franchisees operate Kitakata-style ramen restaurants, managing daily food preparation, inventory, staff scheduling, and customer service. Operations center on hand-crafted ramen broths, noodles, and toppings prepared to brand specifications, with typical service models including dine-in seating and potentially takeout/delivery channels.
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 20 · 3 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).
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.
No SBA loan data available for this brand.
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
A micro-scale ramen franchise with minimal transparency on unit economics, profitability, and growth trajectory poses significant risk for a half-million dollar investment.
Score breakdown · what drove the 60 / 100 rating
- 01MEDNo Item 19 financial performance data disclosed — cannot validate $521K-$1.184M investment justification
- 02MINOROnly 9 units system-wide with unknown growth trajectory — insufficient scale to assess franchise model viability
- 03MEDHigh capital requirement ($521K-$1.184M) relative to tiny unit count suggests limited proven ROI
- 04MED5% royalty + undisclosed overhead against unknown average net income creates repayment uncertainty
- 05HIGHGoing concern status indicates franchisor financial stability concerns despite 10-year term commitment
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
3 numbers
One-time purchase · CSV download · Validation questions included
FDD download
Kitakata Ramen Ban Nai · FDD (2026) PDF