Bottom line
- Total investment $346K – $824K including a $30K franchise fee, 6.0% 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.
- 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
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 Wok to Walk unit return on the cash you put in?
Unlevered ROIC · per unit
19%
Below typical band (30–60%)
Overview
About
Franchisees operate quick-service Asian cuisine restaurants featuring noodle and rice bowls prepared in an open kitchen format. Daily operations include inventory management, food preparation, customer service, and point-of-sale management, with the business model centered on fast casual dining with likely limited seating and high throughput.
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 12 · 2 states reported
The Territory Map
FDD Item 12 reports the state count, but the specific list isn't in our current data. The map will appear once we re-extract from the FDD or enough franchisee contacts are available.
2
states with franchisees (per FDD Item 12)
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
Wok to Walk presents meaningful risk due to an underdeveloped franchise system (6 units), missing financial performance data, unprotected territories, and unclear unit economics across a wide investment band.
Score breakdown · what drove the 65 / 100 rating
- 01MINOROnly 6 units systemwide indicates extremely small, unproven franchise system with minimal scale
- 02MEDNo average revenue or net income disclosed (missing FTC Item 19) prevents ROI validation and suggests franchisor may lack performance data
- 03MINORWide investment range ($346K-$823.5K) without corresponding unit count breakdown suggests inconsistent unit economics
- 04MINORUnprotected territory creates direct competition risk between franchisees and leaves unit vulnerable to cannibalization
- 05MED6% royalty on undisclosed revenue makes it impossible to model actual franchisor support ROI
- 06MINORMicro-system (6 units) indicates insufficient franchisee base for network effects, peer support, or supply chain leverage
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.
FDD download
Wok to Walk · FDD (2025) PDF