Nana's Green Tea Franchise Cost, Revenue & Review 2026
Data from FDD filing + SBA 7(a) records
Analysis by FranchiseVerdict Research · Methodology
Nana's Green Tea is a Japanese cafe franchise serving matcha, Japanese tea drinks, and food in a modern setting. Franchisees run the cafes, managing beverage and food prep, and counter service.
FranchiseVerdict summary · 2026
A Nana's Green Tea franchise requires a total initial investment of $627K – $1.5M, including a $50K franchise fee and an ongoing 5.0% royalty[2]. The 2025 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 2025 FDD issuance
Overview
- Investment
- $627K – $1.5M
- 84th pct Service Resta…
- Avg gross sales
- N/A
- 0 outlets
- Royalty
- 5.0%
- 11th pct Service Resta…
- Units
- 0
- 0th 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 $627K – $1.5M including a $50K franchise fee, 5.0% ongoing royalty.
- RETURNSThe provided page images (p129-p142) contain Exhibit E (Franchise Operations Manual table of contents for Nana's Green Tea USA Franchising, Inc.) and the cover of Exhibit F (State Addenda and Agreement Riders). No audited financial statements (Item 21), balance sheet, income statement, or Independent Auditor's Report are present in this page range. All financial figures are unavailable; nothing extractable.
- RISKVerdict C (Average), verdict score 40/100 (higher is better).
- DATANo Item 19 financial performance representation. Without franchisor-disclosed revenue data, you'll need to gather unit economics directly from existing franchisees.
Item 1 · who you're contracting with
The Franchisor
Corporate structure & franchisor financials
- Legal entity
- Nana's Green Tea USA Franchising Inc.
- Parent company
- Nanaha CO., LTD.
- CEO title
- President, Secretary and Treasurer
- Kazuto Kutami
- Incorporated in
- DE
- HQ
- 15032 Red Hill Ave., Suite A, Tustin, CA 92780
- Auditor
- Kezos & Dunlavy
- Audited financials
- Franchisor revenue
- $0
- vs $0 prior year
Overview
About
- CEO
- Kazuto Kutami
- Headquarters
- CA
- Founded
- 2024
- FDD year
- 2025
- States available
- 0
Can you afford it, and what does the money buy?
Entry cost runs 62% above the typical quick-service restaurants franchise.
Source: FDD 2025 · Items 5–7
Full Item 7 breakdown16 line items
Initial investment breakdown
| Line item | Low | High | |
|---|---|---|---|
| Initial Franchise Feenot refundable | $50K | $50K | |
| Furniture and Fixturesnot refundable | $70K | $180K | |
| Computer Equipment & Information Systemsnot refundable | $10K | $15K | |
| Leasehold Improvementsnot refundable | $300K | $700K | |
| 3 Months' Lease Paymentsnot refundable | $18K | $48K | |
| Security Deposits | $6K | $58K | |
| Signagenot refundable | $10K | $20K | |
| Utilitiesnot refundable | $3K | $9K | |
| Uniformsnot refundable | $1K | $2K | |
| Kitchen Suppliesnot refundable | $10K | $20K | |
| Opening Inventorynot refundable | $30K | $60K | |
| Trainingnot refundable | $4K | $16K | |
| Travel-related expenses for On-site Training and Opening Assistancenot refundable | $5K | $5K | |
| Grand Opening Programnot refundable | $5K | $10K | |
| Professional Fees, Insurance, Licenses and Permitsnot refundable | $5K | $15K | |
| Additional Funds - 3 Monthsnot refundable | $100K | $300K | |
| Total initial investment | $627K | $1.5M |
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
- $627K – $1.5M
- Bottom third — review vs category
- Liquid capital req'd
- $100K – $300K
- Bottom third — review vs category
- Franchise fee
- $50K – $50K
- Bottom third — review vs category
- Royalty
- 5.0%
- percentage · typical 6–8%
- Ad fund
- 2.0%
- typical 3–5%
- Total fee load
- 7.0%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 5.0% of gross sales |
| Marketing / ad fund | 2.0% of gross sales |
| Technology fee | $0 |
| Transfer fee | $13K |
| Renewal fee | $25K |
| Inventory (initial) | $30K – $60K |
| Total fee load | 7.0% of rev |
ROI & LBO modelsSingle-unit · 25-unit portfolio · editable
Nana's Green Tea 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 Nana's Green Tea unit return on the cash you put in?
Unlevered ROIC · per unit
Estimated return on your total franchise investment, before any debt financing.
9%
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: 2025 FDD
Financial Performance
The provided page images (p129-p142) contain Exhibit E (Franchise Operations Manual table of contents for Nana's Green Tea USA Franchising, Inc.) and the cover of Exhibit F (State Addenda and Agreement Riders). No audited financial statements (Item 21), balance sheet, income statement, or Independent Auditor's Report are present in this page range. All financial figures are unavailable; nothing extractable.
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 7.0% (near the Quick-Service Restaurants average).
Disclosure
Franchisor chose not to disclose financial performance representations. You will need to gather unit economics directly from existing franchisees.
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 Nana's Green Tea Compares
Is the system healthy?
Source: FDD 2025 · Item 20
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 0
- 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)
- Company-owned
- 0
- 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
- Projected new
- 8
- Franchisor's next-year forecast
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA loan disclosures. This brand has only 1 7(a) loan on file; statistical reliability is limited below 10 loans.
- Total loans
- 1
- Loan volume
- $363K
- Median loan
- $363K
- average
- Charge-off rate
- N/A
- limited sample (1 loan) — rate not shown below 10
Historical SBA 7(a) lending data, not predictive of future performance. How SBA charge-off rates are calculated
- Repayment rate (PIF)
- N/A
- 5-yr charge-off
- N/A
- Loans approved 2021+
- Active lenders
- 1
- Defaults
- N/A
Explore lender portfolios on Bank Reports or regional data on State Reports.
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 or opaque franchise system with zero operating units, no financial performance disclosure, and unclear pathway to profitability within the contractual term.
Litigation (Item 3)
No litigation required to be disclosed
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · Kezos & Dunlavy
Supplier relationship · Items 8 & 16
- Franchisor sells you products: No
- Kickbacks from required suppliers: Yes
- Must buy proprietary products: Yes
- Restricted to system-approved products: Yes
- Can negotiate own supplier terms: No
Score breakdown · what drove the 40 / 100 verdict
- 01MEDNo disclosed average revenue or net income data (Item 19) — impossible to validate ROI claims
- 02MEDZero operating units reported — either brand is pre-revenue or data is incomplete; major growth/validation risk
- 03MINORWide investment range ($627K–$1.5M) with no corresponding revenue disclosure suggests unclear unit economics
- 04MINOR5% royalty on gross sales (not net) provides no relief during low-margin periods typical in beverage retail
- 05MINORShort 5-year term in QSR/beverage space where payback periods often exceed 3-4 years alone
- 06MEDNo disclosed litigation but absence of transparency on system health raises confidence concerns
Severity inferred from the FDD text · not a regulatory classification
What are you signing up for?
Ongoing fees run about 7.0% of sales (royalty + ad fund), before rent and labor.
Source: FDD 2025 · Items 11, 12, 17
FDD Items 12, 15, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 5 years |
|---|---|
| Renewal term | 5 years |
| Allowed renewalsℹ | 2 |
| Territory type | protected |
| Protected territory | Yes |
| Exclusive territoryℹ | No |
| Territory radius | 3 mi |
| 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 | 10 mi |
| Right of first refusalℹ | Yes |
| RoFR response window | 30 days |
| Transfer requires consent | Yes |
| Termination notice | 30 days |
| Mandatory arbitration | Yes |
| Arbitration location | Tustin, California |
| Jury trial waiver | No |
| Governing law | DE |
| Litigation count | 0 |
View Item 3 litigation summary
No litigation required to be disclosed
Items 10, 11
Training & Operations
- Classroom training
- 20 hrs
- On-the-job training
- 180 hrs
- Training location
- Pasadena, California and franchisee's store
- Ongoing training
- Required
- Time to open
- 7 mo
- From signing to launch
- Site selection
- Franchisor must approve site; franchisee selects with franchisor assistance
- Franchisor financing
- Not offered
- Item 10
- POS system
- Toast POS
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: Toast POS
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a Nana's Green Tea franchise?
The total investment to open a Nana's Green Tea franchise ranges from $627K – $1.5M, with an initial franchise fee of $50K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do Nana's Green Tea franchise owners earn?
Nana's Green Tea 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 Nana's Green Tea 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 Nana's Green Tea FDD and qualifies whose outlets they describe.
What is Nana's Green Tea's franchise failure rate?
SBA 7(a) loan charge-off data is not available for Nana's Green Tea (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.
Is Nana's Green Tea a good franchise to buy?
FranchiseVerdict rates Nana's Green Tea as a C-grade franchise with a verdict score of 40 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 Nana's Green Tea, 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.