Mai or Genji
Formerly known as Mai Sushi
Bottom line
- Total investment $17K – $76K including a $5K franchise fee.
- No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
- Rated MODERATE with a risk score of 61/100.
- System growing at 84.6% CAGR over 3 years with 362 total units — strong expansion trajectory.
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 Mai or Genji unit return on the cash you put in?
Unlevered ROIC · per unit
220%
Above typical band (30–60%)
Overview
About
Franchisees operate fast-casual or quick-service Asian restaurants (likely noodle, poke, or ramen-focused concepts) under the Mai or Genji brand, managing food preparation, customer service, inventory, and daily operations across a small team in their assigned location.
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 · 23 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
This Asian cuisine franchise shows caution-level risk due to missing financial disclosures, unprotected territories, modest growth, and unclear royalty structures that prevent proper due diligence.
Score breakdown · what drove the 61 / 100 rating
- 01MEDNo financial performance data (Item 19) disclosed — impossible to validate ROI claims or break-even timelines
- 02MINORUnprotected territory creates direct competition risk; multiple franchisees can operate in same area
- 03MINORSlow unit growth (6.3% YoY) suggests market saturation or franchisee dissatisfaction
- 04MINORVariable royalty structure (0-15%) lacks transparency — unclear what determines rate for each franchisee
- 05MINORWide investment range ($17.3K-$75.7K) indicates inconsistent unit economics or hidden costs
- 06MINOR5-year term is relatively short; rebrand/non-renewal risk after initial commitment
- 07MINORLow franchise fee ($5K) may indicate weak brand support or underfunded franchisor operations
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
100 numbers
One-time purchase · CSV download · Validation questions included
FDD download
Mai or Genji · FDD (2025) PDF