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FranchiseVerdict

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2 brands side-by-side

Compare up to 4 brands side by side

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Brand
Ivan Ramen logoFBottom Quintile
Ivan Ramen
Full-Service Restaurants
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Nan Xiang Xiao Long Bao logoCAverage
Nan Xiang Xiao Long Bao
Full-Service Restaurants
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Vitals
Investment range
$1.0M – $2.0M
$1.2M – $1.9M
Liquid capital
$150K – $300K
$50K – $80K
Franchise fee
$35K
$60K
Royalty rate
5.0%
N/A
Ad fund rate
1.5%
1.0%
Performance
Avg gross sales
N/A
N/A
Median gross sales
N/A
N/A
Avg owner earnings
Metric varies by brand. Check type below
N/A
N/A
Earnings metric
Not classified
Not classified
Risk
Rating
FBottom Quintile
CAverage
Risk score
100 / 100
65 / 100
SBA charge-off rate
N/A
N/A
SBA loans on record
N/A
N/A
Scale
Total units
1
10
Net change (latest yr)
N/A
N/A
Turnover rate
100.0%
0.0%
Contract
Initial term (years)
10
10
Renewal term (years)
10
5
Initial training (hrs)
106
432
Contacts
Franchisee phones
3
10

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