Mogumogu Mazemen And RamenFranchise Cost, Revenue & Review 2026
Data from FDD filing
FranchiseVerdict summary · 2026
A MOGUMOGU MAZEMEN AND RAMEN franchise requires a total initial investment of $335K – $843K, including a $30K franchise fee and an ongoing 5.0% royalty[2]. Per the 2024 FDD, average unit revenue was $1.2M[2]. Verdict grade: A. Run a live ROI scan →
Data last verified June 18, 2026 · figures per the 2024 FDD issuance
Overview
- Investment
- $335K – $843K
- 21st pct Service Resta…
- Avg gross sales
- $1.2M
- 12th pct Service Resta…
- Royalty
- 5.0%
- 7th pct Service Resta…
- Units
- 3
- 8th 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
41% cash-on-cash return (based on P&L Bottom Line). Above the 20% threshold most investors target.
Bottom line
- Total investment $335K – $843K including a $30K franchise fee, 5.0% ongoing royalty.
- Average unit revenue of $1.2M/year, with an estimated 41% cash-on-cash return (based on P&L Bottom Line).
- Verdict A (Top Quintile) with a risk score of 35/100.
Item 1 · who you're contracting with
The Franchisor
- Legal entity
- MOGUMOGU FRANCHISE, INC.
- Parent company
- DEN DEN 8 HOLDINGS, INC.
- Incorporated in
- CA
- HQ
- 11555 W Olympic Blvd., Suite B, Los Angeles, CA 90064
- Auditor
- Schild & Co., Inc.
- Audited financials
Overview
About
Franchisees operate quick-service ramen and mazemen restaurants, managing food preparation, inventory, staffing, and customer service. Day-to-day responsibilities include overseeing kitchen operations, maintaining quality standards for handmade noodles and broths, managing point-of-sale systems, and driving local marketing to build customer traffic.
- CEO
- Tomohiro Wada
- Headquarters
- CA
- Founded
- 2023
- FDD year
- 2024
- States available
- 0
FDD Item 7 · 2024 filing · 22 line items
Initial investment breakdown
| Line item | Low | High | |
|---|---|---|---|
| Initial Franchise Fee (Case 1 New Buildout)not refundable | $30K | $30K | |
| Travel and Living Expenses While Attending Initial Training (Case 1) | $10K | $12K | |
| Grand Opening Advertising and Promotion (Case 1) | $2K | $4K | |
| Real Property Lease Deposits, Construction, Remodeling, Leasehold Improvements and Decorating Costs - Net of Landlord Contribution (Case 1) | $300K | $600K | |
| Equipment, Fixtures and Other Fixed Assets (Case 1) | $100K | $150K | |
| Opening Inventory and Supplies (Case 1) | $15K | $20K | |
| Interior/Exterior Signs and Graphics (Case 1) | $3K | $4K | |
| Professional Fees - Legal and Accounting (Case 1) | $2K | $3K | |
| Business Insurance (Case 1) | $1K | $2K | |
| Miscellaneous Opening Costs (Case 1) | $3K | $3K | |
| Additional Funds - 3 Months (Case 1) | $10K | $15K | |
| Initial Franchise Fee (Case 2 Second Generation Construction)not refundable | $30K | $30K | |
| Travel and Living Expenses While Attending Initial Training (Case 2) | $10K | $12K | |
| Grand Opening Advertising and Promotion (Case 2) | $2K | $4K | |
| Real Property Lease Deposits, Construction, Remodeling, Leasehold Improvements and Decorating Costs - Net of Landlord Contribution (Case 2) | $200K | $400K | |
| Equipment, Fixtures and Other Fixed Assets (Case 2) | $50K | $100K | |
| Opening Inventory and Supplies (Case 2) | $15K | $20K | |
| Interior/Exterior Signs and Graphics (Case 2) | $3K | $4K | |
| Professional Fees - Legal and Accounting (Case 2) | $2K | $3K | |
| Business Insurance (Case 2) | $1K | $2K | |
| Total initial investment | $799K | $1.4M |
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
$142K
12.0% margin
Unlevered ROIC
24%
EBITDA / total invested capital
Payback
4.2 yrs
cash-on-cash, unlevered
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $335K – $843K
- Better than avg vs category
- Liquid capital req'd
- $10K – $15K
- Better than avg vs category
- Franchise fee
- $30K – $30K
- Better than avg vs category
- Royalty
- 5.0%
- percentage_of_gross · typical 6–8%
- Ad fund
- 1.0%
- typical 3–5%
- Total fee load
- 6.0%
- vs 9–13% typical
- Payback period
- 2.4 yrs
- From FDD / Item 19
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 5.0% of gross sales |
| Marketing / ad fund | 1.0% of gross sales |
| Training fee | $3K |
| Transfer fee | $5K |
| Renewal fee | $0 |
| Total fee load | 6.0% of rev |
A 6.0% total fee load is unusually lean. More of each revenue dollar stays with the franchisee.
Financial Performance
- Avg gross sales
- $1.2M
- Per unit, per year
- Median gross sales
- N/A
- Avg p&l bottom line
- $241K
- Reported as P&L Bottom Line in FDD Item 19
- Cash-on-cash
- 40.9%
- Based on P&L Bottom Line / investment midpoint
- Item 19 type
- historic_company_owned
- Sample size
- 3 units
- vs category median 13 · small
- Range (low → high)
- $817K→$1.5M
- Cohort dispersion (min → max)
- Reporting year
- 2023
- Fiscal year the figures cover
- Transparency
- 9 / 5
- vs category median 4 / 5 · above
Compared against 1264 Full-Service Restaurants brands
vs Full-Service Restaurants averages
How Mogumogu Mazemen And Ramen Compares
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 3
- Opened
- 0
- Last reporting year
- Closed
- 0
- Turnover rate
- 0.0%
- Company-owned
- 3
- Corporate units in the system
- % franchised
- 0%
- vs corporate-owned
3-year detail · Item 20
- Transfers (3yr)
- 0
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 14 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
Early-stage ramen concept with unproven system viability, concerning franchisor financial health, and insufficient disclosure of franchisee unit economics.
Litigation (Item 3)
0 case reference(s): 3 pending, 0 settled.
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · Schild & Co., Inc.
Supplier relationship · Items 8 & 16
- Franchisor sells you products: No
- Must buy proprietary products: No
- Restricted to system-approved products: No
Score breakdown · what drove the 35 / 100 rating
- 01MINOROnly 3 units in system with unknown growth trajectory suggests early-stage or stalled expansion
- 02HIGHGoing Concern = False indicates franchisor financial instability or uncertainty
- 03MINORHigh investment range ($334.5K-$842.5K) relative to only 3 operating units raises scalability questions
- 04MINORNo Item 19 financial performance representations limits ability to validate the $240K avg net income claim
- 05MINORWide investment variance ($508K spread) suggests inconsistent unit economics or undefined build-out standards
- 06MINORMinimal franchise fee ($30K) combined with high unit costs may indicate franchisor dependent on royalties for viability
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 or geographical area |
| Protected territory | Yes |
| Online sales rights | Restricted |
| Franchisor can compete | No |
| Hire a manager? | Allowed |
| Owner-operator | Optional |
| Non-compete (years)ℹ | 2 years |
| Right of first refusalℹ | Yes |
| RoFR response window | 30 days |
| Termination notice | 30 days |
| Curable defaultsℹ | 3 |
| Mandatory arbitration | Yes |
| Jury trial waiver | No |
| Governing law | California |
| Litigation count | 0 |
View Item 3 litigation summary
0 case reference(s): 3 pending, 0 settled.
Items 10, 11
Training & Operations
- Classroom training
- 16 hrs
- On-the-job training
- 104 hrs
- Training location
- On-site and off-site
- POS system
- Aloha
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: Aloha
Item 20 · call current owners
Franchisee Contacts
19 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
MOGUMOGU MAZEMEN AND RAMEN · FDD (2024) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a MOGUMOGU MAZEMEN AND RAMEN franchise?
The total investment to open a MOGUMOGU MAZEMEN AND RAMEN franchise ranges from $335K – $843K, with an initial franchise fee of $30K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do MOGUMOGU MAZEMEN AND RAMEN franchise owners earn?
According to Item 19 of the MOGUMOGU MAZEMEN AND RAMEN FDD, the average gross sales per unit is $1.2M. Note: this is gross revenue, not profit. Actual owner earnings vary based on location, operating costs, and management.
What is MOGUMOGU MAZEMEN AND RAMEN's franchise failure rate?
SBA 7(a) loan charge-off data is not available for MOGUMOGU MAZEMEN AND RAMEN (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 MOGUMOGU MAZEMEN AND RAMEN franchise locations are there?
As of their most recent FDD filing, MOGUMOGU MAZEMEN AND RAMEN has 3 total units in the United States, including 0 franchised units and 3 company-owned units.
Is MOGUMOGU MAZEMEN AND RAMEN a good franchise to buy?
FranchiseVerdict rates MOGUMOGU MAZEMEN AND RAMEN as a A-grade franchise with a risk score of 35 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.
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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.