Shabu All Day
Formerly known as Myeongryun Jinsa Galbi
Bottom line
- Total investment $455K – $703K including a $150K franchise fee, 5.0% ongoing royalty.
- No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
- Rated AVOID with a risk score of 80/100.
- No 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
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 SHABU ALL DAY unit return on the cash you put in?
Unlevered ROIC · per unit
19%
Below typical band (30–60%)
Overview
About
SHABU ALL DAY franchisees operate Japanese hot pot restaurants where customers cook thinly-sliced meat, seafood, and vegetables in communal simmering broths at tableside. Day-to-day operations include managing prep of fresh ingredients, staffing service teams trained in hot pot dining protocols, managing inventory turnover on perishables, and ensuring table-side safety and equipment functionality.
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 · 5 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
SHABU ALL DAY presents extreme risk due to going concern status, zero operating units, missing financial disclosures, and unprotected territory—avoid until franchisor demonstrates system stability and franchisee profitability.
Score breakdown · what drove the 80 / 100 rating
- 01HIGHGoing concern warning indicates financial instability or operational distress at franchisor level
- 02MEDZero disclosed operating units suggests new/failed concept with no proven business model or franchisee success data
- 03MEDNo average revenue or net income disclosure (missing Item 19) prevents ROI validation and earnings verification
- 04MINORHigh initial investment ($455k-$702.5k) with no financial performance benchmarks creates unjustifiable risk
- 05MINORUnprotected territory eliminates competitive moat and allows franchisor to saturate market with nearby units
- 06MEDNo disclosed unit growth or system size raises questions about franchisee demand and brand viability
- 07MINOR5-year term is relatively short, limiting franchisee ability to recoup investment and build equity
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
5 numbers
One-time purchase · CSV download · Validation questions included
FDD download
SHABU ALL DAY · FDD (2025) PDF