Kuma AniFranchise Cost, Revenue & Review 2026
Data from FDD filing
FranchiseVerdict summary · 2026
A KUMA ANI franchise requires a total initial investment of $345K – $544K, including a $25K franchise fee and an ongoing 5.0% royalty[2]. Per the 2025 FDD, average unit revenue was $1.1M[2]. Verdict grade: D. Run a live ROI scan →
Data last verified June 18, 2026 · figures per the 2025 FDD issuance
Overview
- Investment
- $345K – $544K
- 23rd pct Service Resta…
- Avg gross sales
- $1.1M
- 11th pct Service Resta…
- Royalty
- 5.0%
- 7th pct Service Resta…
- Units
- 2
- 6th 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
Started franchising in 2023. Newer systems carry more uncertainty but may offer better territories.
The franchisor's auditor raised doubt about continued operations. This is a serious risk signal.
Bottom line
- Total investment $345K – $544K including a $25K franchise fee, 5.0% ongoing royalty.
- Average unit revenue of $1.1M/year.
- Verdict D (Below Average) with a risk score of 77/100.
- 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
- KUMA ANI FRANCHISE, INC.
- CEO title
- CEO
- Ye “Eric” Li
- Incorporated in
- NY
- HQ
- 1521 6th Avenue, Troy, NY 12180
- Auditor
- SMITH, BUZZI & ASSOCIATES, LLC.
- Audited financials
- Franchisor revenue
- $0
- vs $0 prior year
- ⚠ Going-concern note
- Disclosed in FDD 2025
- Auditor flagged doubt about continued operations. Verify against the latest FDD before deciding.
Overview
About
KUMA ANI franchisees operate a restaurant or food service concept serving [anime/Asian/specialty cuisine — exact concept unclear from limited data]. Daily operations likely include food preparation, customer service, inventory management, and point-of-sale management, though specific operational requirements are not detailed in available information.
- CEO
- Ye “Eric” Li
- Headquarters
- NY
- Founded
- 2023
- FDD year
- 2025
- States available
- 1
FDD Item 7 · 2025 filing · 14 line items
Initial investment breakdown
| Line item | Low | High | |
|---|---|---|---|
| Initial Franchise Feenot refundable | $25K | $25K | |
| Traveling and Living Expenses while Training | $3K | $6K | |
| Real Property Rent and Security Deposits | $15K | $30K | |
| Leasehold Improvements | $180K | $280K | |
| Furniture, Fixtures, and Decor | $20K | $40K | |
| Initial Inventory and Supplies | $10K | $20K | |
| Signage | $5K | $10K | |
| Grand Opening Advertising | $2K | $5K | |
| Licenses, Permits, and Certifications | $1K | $2K | |
| Insurance (3 Months) | $1K | $3K | |
| Equipment, TV, Cameras, and Other Supplies | $50K | $70K | |
| Professional Fees | $3K | $4K | |
| Additional Funds (3 months) | $30K | $50K | |
| Area Development Fee | $50K | $75K | |
| Total initial investment | $395K | $619K |
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.
Single-unit · estimated
Returns at a glance
Indicative numbers using FDD Item 7 / Item 19 inputs and category-benchmarked cost ratios. Full single-unit, 25-unit portfolio, and LBO models (with every input editable to stress-test your own scenario) live on the financials page.
Store EBITDA · annual
$108K
10.0% margin
Unlevered ROIC
22%
EBITDA / total invested capital
Payback
4.5 yrs
cash-on-cash, unlevered
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $345K – $544K
- Better than avg vs category
- Liquid capital req'd
- $30K – $50K
- Better than avg vs category
- Franchise fee
- $25K – $25K
- Better than avg vs category
- Royalty
- 5.0%
- Gross Revenue · typical 6–8%
- Ad fund
- -n/d
- Total fee load
- 5.0%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 5.0% of gross sales |
| Technology fee | $4K |
| Training fee | $250 |
| Transfer fee | $13K |
| Renewal fee | $10K |
| Total fee load | 5.0% of rev |
A 5.0% total fee load is unusually lean. More of each revenue dollar stays with the franchisee.
Financial Performance
- Avg gross sales
- $1.1M
- Per unit, per year
- Median gross sales
- N/A
- Item 19 type
- Historic Financial Performance Representation
- Sample size
- 2 units
- vs category median 13 · small
- Range (low → high)
- $965K→$1.2M
- Cohort dispersion (min → max)
- Transparency
- 3 / 5
- vs category median 4 / 5 · below
Compared against 1264 Full-Service Restaurants brands
vs Full-Service Restaurants averages
How Kuma Ani Compares
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 2
- 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
- 2
- Corporate units in the system
- % franchised
- 0%
- vs corporate-owned
- Multi-unit owners
- 6.2%
3-year detail · Item 20
- Transfers (3yr)
- 0
- Projected new
- 1
- Franchisor's next-year forecast
- Ceased ops
- 50.0%
- Units that stopped operating
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 8 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 contact records (FDD Item 20). Shows states with at least one current operator on file. Full state registration data (Item 12) will appear on a future FDD refresh.
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
Micro-franchise system with only 2 units, undisclosed profitability metrics, and unclear growth trajectory presents elevated risk due to insufficient data validation and unproven scalability.
Litigation (Item 3)
No litigation required to be disclosed
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · SMITH, BUZZI & ASSOCIATES, LLC.⚠ 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 77 / 100 rating
- 01MEDOnly 2 existing franchised units — extremely limited system size makes performance data unreliable and raises scalability concerns
- 02MEDNet income not disclosed in FDD Item 19 — impossible to validate profitability claims or understand true unit economics
- 03MINORHigh investment-to-unit ratio ($344.5k-$544k) against average revenue of $1.08M suggests thin margins and extended payback periods
- 04MINORUnknown unit growth trajectory — no clarity on whether the 2-unit system is growing, stagnant, or declining
- 05MEDMinimal franchisee sample size (2 units) creates significant selection bias and survivorship bias in disclosed revenue figures
- 06MINOR5% royalty on gross revenue (not net) adds fixed cost burden during slow periods
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 |
| Territory type | Radius, zip codes, natural, or political boundaries |
| Protected territory | Yes |
| Exclusive territoryℹ | Yes |
| Territory radius | 2 mi |
| Territory population | 80,000 |
| 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 |
| Jury trial waiver | Yes |
| Governing law | New York |
| Litigation count | 0 |
View Item 3 litigation summary
No litigation required to be disclosed
Items 10, 11
Training & Operations
- Classroom training
- 34 hrs
- On-the-job training
- 79 hrs
- Training location
- On-site and corporate
- Ongoing training
- Required
- POS system
- Square POS
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: Square POS
Item 20 · call current owners
Franchisee Contacts
9 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
KUMA ANI · FDD (2025) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a KUMA ANI franchise?
The total investment to open a KUMA ANI franchise ranges from $345K – $544K, with an initial franchise fee of $25K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do KUMA ANI franchise owners earn?
According to Item 19 of the KUMA ANI FDD, the average gross sales per unit is $1.1M. Note: this is gross revenue, not profit. Actual owner earnings vary based on location, operating costs, and management.
What is KUMA ANI's franchise failure rate?
SBA 7(a) loan charge-off data is not available for KUMA ANI (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 KUMA ANI franchise locations are there?
As of their most recent FDD filing, KUMA ANI has 2 total units in the United States, including 0 franchised units and 2 company-owned units.
Is KUMA ANI a good franchise to buy?
FranchiseVerdict rates KUMA ANI as a D-grade franchise with a risk score of 77 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.
For franchisors
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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.