Ivan Ramen vs Nan Xiang Xiao Long Bao
Franchise Comparison 2026
Both Ivan Ramen and Nan Xiang Xiao Long Bao are full-service restaurants franchises. Ivan Ramen requires an investment of $1.0M – $2.0M while Nan Xiang Xiao Long Bao requires $1.2M – $1.9M. Neither Ivan Ramen nor Nan Xiang Xiao Long Bao makes a financial performance representation in Item 19 of its FDD — a voluntary item under the FTC Franchise Rule — so the two cannot be compared on disclosed unit revenue. FranchiseVerdict rates Ivan Ramen B (Above average) and Nan Xiang Xiao Long Bao B (Above average).
| Metric | Ivan Ramen | Nan Xiang Xiao Long Bao |
|---|---|---|
| Verdict Grade | BAbove average | BAbove average |
| Investment Range | $1.0M – $2.0M | $1.2M – $1.9M |
| Franchise Fee | $35K | $60K |
| Royalty Rate | 5.0% | 5.0% |
| Average Revenue (Item 19) | N/ANo Item 19 representation | N/ANo Item 19 representation |
| SBA Charge-Off Rate | N/A | N/A |
| Total Units | 2 | 10 |
| Unit Growth (YoY) | +1 units | +0 units |
| Year Began Franchising | 2021 | 2026 |
| FDD Year | 2026 | 2026 |
Investment Range
$1.0M – $2.0M
$1.2M – $1.9M
Franchise Fee
$35K
$60K
Royalty Rate
5.0%
5.0%
Average Revenue (Item 19)
N/ANo Item 19 representation
N/ANo Item 19 representation
SBA Charge-Off Rate
N/A
N/A
Total Units
2
10
Unit Growth (YoY)
+1 units
+0 units
Year Began Franchising
2021
2026
FDD Year
2026
2026