Nan Xiang Xiao Long Bao vs Ivan Ramen
Franchise Comparison 2026
Both Nan Xiang Xiao Long Bao and Ivan Ramen are full-service restaurants franchises. Nan Xiang Xiao Long Bao requires an investment of $1.2M – $1.9M while Ivan Ramen requires $1.0M – $2.0M. Neither Nan Xiang Xiao Long Bao nor Ivan Ramen 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 Nan Xiang Xiao Long Bao B (Above average) and Ivan Ramen B (Above average).
| Metric | Nan Xiang Xiao Long Bao | Ivan Ramen |
|---|---|---|
| Verdict Grade | BAbove average | BAbove average |
| Investment Range | $1.2M – $1.9M | $1.0M – $2.0M |
| Franchise Fee | $60K | $35K |
| 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 | 10 | 2 |
| Unit Growth (YoY) | +0 units | +1 units |
| Year Began Franchising | 2026 | 2021 |
| FDD Year | 2026 | 2026 |
Investment Range
$1.2M – $1.9M
$1.0M – $2.0M
Franchise Fee
$60K
$35K
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
10
2
Unit Growth (YoY)
+0 units
+1 units
Year Began Franchising
2026
2021
FDD Year
2026
2026