Wadaya Mazemen And Ramen
Bottom line
- Total investment $335K – $843K including a $30K franchise fee, 5.0% ongoing royalty.
- Average unit revenue of $1.3M/year (median $1.3M). Estimated payback in 4.5 years.
- Rated MODERATE with a risk score of 63/100.
- Emerging franchise — only 1 year of franchising with 3 units. Early-stage systems carry higher risk but may offer better territory availability.
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 WADAYA MAZEMEN AND RAMEN unit return on the cash you put in?
Unlevered ROIC · per unit
36%
In Yale's "attractive" band (30–60%)
Levered LBO scenario · Yale Crease Capital framing
What would 25 WADAYA MAZEMEN AND RAMEN units return on equity?
Equity IRR · 5-yr
39.0%
5.18× MOIC
Year-1 DSCR
2.15×
EBITDA ÷ debt service
Equity required
$3.8M
on $12.6M purchase
Total debt
$8.8M
SBA $5.0M + senior + seller note
Overview
About
Franchisees operate fast-casual ramen and mazemen noodle restaurants, managing food preparation, customer service, inventory, and point-of-sale operations. Day-to-day responsibilities include staff scheduling, quality control of handmade noodles and broths, and peak-period service coordination in typically 1,200–1,800 sq ft locations.
Item 7 · what it costs
The Vitals
Item 19
Financial Performance
Item 20 · unit dynamics
The Growth Chart
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 4 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
Micro-franchise system with franchisor financial distress, unproven scalability, and thin unit economics creates elevated risk despite no litigation.
Score breakdown · what drove the 63 / 100 rating
- 01MINOROnly 3 units in system with unknown growth trajectory suggests minimal scale and unproven replicability
- 02HIGHGoing Concern = False indicates financial instability at franchisor level, raising sustainability questions
- 03MINORWide investment range ($334.5K–$842.5K) with vague breakdown suggests inconsistent unit economics or hidden costs
- 04MINORNet income of $131.8K average against $1.26M revenue (10.5% net margin) is thin for restaurant operations
- 05MINORNo Item 19 (earnings claims) disclosure limits ability to validate revenue/profit projections
- 06MEDTiny franchisee base (3 units) makes validation and peer support extremely limited
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
4 numbers
One-time purchase · CSV download · Validation questions included
FDD download
WADAYA MAZEMEN AND RAMEN · FDD (2025) PDF