FranchiseVerdict
Nana's Green Tea logo
FV-01735·MODERATEStandard71

Nana's Green Tea

Food & Beverage - Coffee & TeaFranchising since 2025Website
Investment
$627K – $1.5M
91st pct Coffee & Tea
Avg revenue
49th pct Coffee & Tea
Royalty
5.0%
17th pct Coffee & Tea
Units
0
0th pct Coffee & Tea
SBA default
0.0%
vs <3% typical

Bottom line

  • Total investment $627K – $1.5M including a $50K 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 65/100. SBA loan default rate of 0.0% across 2 loans (below the industry average).
  • 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

Legal entity
Nana’s Green Tea USA Franchising Inc.
Parent company
Nanaha CO., LTD.
Incorporated in
Delaware
HQ
15032 Red Hill Ave. Suite A, Tustin, California 92780
Auditor
Kezos & Dunlavy
Audited financials
Franchisor revenue
$0
vs $0 prior year
⚠ Going-concern note
Disclosed in FDD 2026
Auditor flagged doubt about continued operations. Verify against the latest FDD before deciding.

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 Nana's Green Tea unit return on the cash you put in?

Revenue · per unit, per year
$
Item 19 not disclosed — typing your own estimate
Franchisor take · royalty + ad fund
Royaltytyp 68%
%
Ad fundtyp 35%
%
Operating costs · category default: restaurant
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $627K–$1.5M
Working capital
$
FDD reports $100K–$300K

Unlevered ROIC · per unit

7%

Below typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$83K
EBITDA margin
11.0%
Total invested
$1.3M
Payback
184 mo
Unit-level only. A multi-unit portfolio gives up roughly 5–15% of this to shared services (corporate G&A) before reaching the ~10-unit break-even Yale describes.

Overview

About

Franchisees operate Nana's Green Tea retail locations, likely focused on premium tea beverages and related food offerings. Day-to-day operations include inventory management, beverage preparation, customer service, point-of-sale management, and adherence to brand standards and marketing programs.

CEO
Kazuto Kutami
Founded
2024
FDD year
2026
States available
0

Item 7 · what it costs

The Vitals

Total investment
$627K – $1.5M
All-in to open one unit
Liquid capital
$100K – $300K
Cash you must have on hand
Franchise fee
$50K
Royalty
5.0%
Percentage of Gross Sales · typical 6–8%
Ad fund
2.0%
typical 3–5%
Total fee load
7.0%
vs 9–13% typical

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

Total units
0
Opened
0
Last reporting year
Closed
0
Company-owned
0
Corporate units in the system
2024
0±0
Franchised units
2025
0
Franchised units
2026
0
Franchised units

Year-over-year franchised unit counts and net change. Source: FDD Item 20.

Government records

SBA Loan Data

Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.

Total loans
2
Loan volume
Avg loan
Default rate
0.0%
vs <3% typical · system-wide
5-yr default

FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17

Risk & Legal

65
Risk · 0-100
MODERATE65 / 100

Early-stage or opaque franchise system with zero operating units, no financial performance disclosure, and unclear pathway to profitability within the contractual term.

Score breakdown · what drove the 65 / 100 rating

  1. 01MEDNo disclosed average revenue or net income data (Item 19) — impossible to validate ROI claims
  2. 02MEDZero operating units reported — either brand is pre-revenue or data is incomplete; major growth/validation risk
  3. 03MINORWide investment range ($627K–$1.5M) with no corresponding revenue disclosure suggests unclear unit economics
  4. 04MINOR5% royalty on gross sales (not net) provides no relief during low-margin periods typical in beverage retail
  5. 05MINORShort 5-year term in QSR/beverage space where payback periods often exceed 3-4 years alone
  6. 06HIGHNo disclosed litigation but absence of transparency on system health raises confidence concerns

Severity inferred from the FDD text · not a regulatory classification

FDD Items 5, 6, 12, 17 · continued from Risk & Legal

Contract & Territory Detail

Territory
Radius
Protected territory
Yes
Initial term
5 years
Renewal term
5 years
Online sales rights
Restricted
Franchisor can compete
Yes
Hire a manager?
Allowed
Litigation count
0
Right of first refusal
Yes
Franchisor can buy back on resale
Mandatory arbitration
Yes
Jury trial waiver
Yes
Non-compete
2 yrs
Post-termination restriction
Owner-operator
Optional
Governing law
Delaware

Item 11

Training & Operations

Classroom training
20 hrs
On-the-job training
180 hrs
POS system
Toast POS
Operating tech stack

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

1 numbers

Locked
(317) 232-••••
IN

One-time purchase · CSV download · Validation questions included

FDD download

Nana's Green Tea · FDD (2026) PDF

Single-page checkout · instant download · CSV export of contacts available separately above