Mogumogu Mazemen And Ramen Franchise Cost, Revenue & Review 2026
Data from FDD filing
Analysis by FranchiseVerdict Research · Methodology
MOGUMOGU Mazemen and Ramen is a fast-casual franchise serving brothless mazemen and traditional ramen. Franchisees run the restaurants, managing kitchen production, staffing, and service.
FranchiseVerdict summary · 2026
A MOGUMOGU MAZEMEN AND RAMEN franchise requires a total initial investment of $475K – $843K, including a $30K franchise fee and an ongoing 5.0% royalty[2]. The 2024 FDD does not disclose unit-level revenue (no Item 19). FranchiseVerdict grade: C (Average), an editorial assessment, not investment advice. Run a live ROI scan →
Data last verified · figures per the 2024 FDD issuance
Overview
- Investment
- $475K – $843K
- 74th pct Service Resta…
- Avg gross sales
- N/A
- Company-owned only
- Royalty
- 5.0%
- 11th pct Service Resta…
- Units
- 3
- 15th pct Service Resta…
- SBA charge-off
- N/A
Quick verdict · Quick-Service Restaurants · color = vs category peers
Green = favorable by >10% vs Quick-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 $475K – $843K including a $30K franchise fee, 5.0% ongoing royalty.
- RETURNSFranchisor organized November 11, 2023; Item 21 includes only an audited opening balance sheet as of December 31, 2023 (no statement of operations). No revenue or net income reported.
- RISKVerdict C (Average), verdict score 46/100 (higher is better).
- DATAItem 19 reports company owned gross sales rather than annual gross sales, so unit revenue is not directly comparable. Ask franchisees directly for full unit-level revenue.
Item 1 · who you're contracting with
The Franchisor
Corporate structure & franchisor financials
- Legal entity
- MOGUMOGU FRANCHISE, INC.
- Parent company
- DEN DEN 8 HOLDINGS, INC.
- CEO title
- Chief Executive Officer
- Tomohiro Wada
- Incorporated in
- CA
- HQ
- 11555 W Olympic Blvd., Suite B, Los Angeles, CA 90064
- Auditor
- Schild & Co., Inc.
- Audited financials
Overview
About
- CEO
- Tomohiro Wada
- Headquarters
- CA
- Founded
- 2023
- FDD year
- 2024
- States available
- 0
Can you afford it, and what does the money buy?
Entry cost is about average for a quick-service restaurants franchise.
Source: FDD 2024 · Items 5–7
Full Item 7 breakdown22 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.
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $475K – $843K
- Bottom third — review vs category
- Liquid capital req'd
- $10K – $15K
- Top 40% of category vs category
- Franchise fee
- $30K – $30K
- Top 40% of category vs category
- Royalty
- 5.0%
- percentage · typical 6–8%
- Ad fund
- 1.0%
- typical 3–5%
- Total fee load
- 6.0%
- vs 9–13% typical
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 |
| Inventory (initial) | $15K – $20K |
| Total fee load | 6.0% of rev |
What do units actually make?
Source: FDD 2024 · Item 19
ROI & LBO modelsSingle-unit · 25-unit portfolio · editable
MOGUMOGU MAZEMEN AND RAMEN 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 MOGUMOGU MAZEMEN AND RAMEN unit return on the cash you put in?
Unlevered ROIC · per unit
Estimated return on your total franchise investment, before any debt financing.
18%
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: 2024 FDD
Financial Performance
Franchisor organized November 11, 2023; Item 21 includes only an audited opening balance sheet as of December 31, 2023 (no statement of operations). No revenue or net income reported.
Company-owned outlets only - not franchisee performance
- Item 19 type
- company owned gross sales
- Sample size
- 3
- vs category median 20 · small
- Range (low → high)
- $817K→$1.5M
- Cohort dispersion (min → max)
- Reporting year
- 2023
- Fiscal year the figures cover
- Source filing
- FDD 2024
- Disclosed in the 2024 filing, covering 2023
- Transparency
- 6 / 10
- vs category median 4 / 10 · above
Compared against 782 Quick-Service Restaurants brands
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 6.0% — below the Quick-Service Restaurants average of 7.9%.
Disclosure
Item 19 reports company owned gross sales rather than annual gross sales, so unit revenue is not directly comparable.
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 Quick-Service Restaurants averages
How Mogumogu Mazemen And Ramen Compares
Is the system healthy?
Source: FDD 2024 · Item 20
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 3
- 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
- 3
- 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.
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
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: 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 46 / 100 verdict
- 01MINOROnly 3 units in system with unknown growth trajectory suggests early-stage or stalled expansion
- 02HIGHGoing Concern = False indicates franchisor financial instability or uncertainty
- 03MINORNo Item 19 financial performance representations limits ability to validate the $240K avg net income claim
- 04MINORMinimal 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
What are you signing up for?
Ongoing fees run about 6.0% of sales (royalty + ad fund), before rent and labor.
Source: FDD 2024 · Items 11, 12, 17
FDD Items 12, 15, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 10 years |
|---|---|
| Renewal term | 10 years |
| Territory type | exclusive |
| Protected territory | Yes |
| Exclusive territoryℹ | Yes |
| Territory population | 50,000 |
| Online sales rightsℹ | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Required |
| 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 |
| Curable defaultsℹ | 3 |
| Mandatory arbitration | Yes |
| Arbitration location | Los Angeles County, California |
| Jury trial waiver | No |
| Governing law | CA |
| 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
- Fullerton, California and a MOGUMOGU MAZEMEN AND RAMEN restaurant in Southern California
- Ongoing training
- Optional
- Time to open
- 12 mo
- From signing to launch
- Site selection
- Franchisee selects site; franchisor must consent
- Franchisor financing
- Not offered
- Item 10
- POS system
- Aloha POS
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: Aloha POS
Item 20 · call current owners
Franchisee Contacts
2 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 $475K – $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?
MOGUMOGU MAZEMEN AND RAMEN 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 MOGUMOGU MAZEMEN AND RAMEN 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 MOGUMOGU MAZEMEN AND RAMEN FDD and qualifies whose outlets they describe.
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 C-grade franchise with a verdict score of 46 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 MOGUMOGU MAZEMEN AND RAMEN, 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.