Ichiryu Franchise Opportunities
As the genuine TONKOTSU(pork-bone broth) Ramen shop, ICHIRYU is developing its brand based on 60 years of the history. ICHIRYU was founded in Hakata, Fukuoka in 1955. It was a first Ramen stand among all the food stands on the side of Nakagawa river. After a while, ICHIRYU placed its main shop in Nakasu and their noodles addicted local ramen noodle experts for years.
How much does Ichiryu franchise cost?
Ichiryu has the franchise fee of up to $26,800.
Initial Investment and Startup Costs
Type of expenditure | Cost |
---|---|
Franchisor | Garden |
Brand History | Since 1955 |
Garden Group Locations | Japan, China, Taiwan and Philippines |
Agreement Type | Direct Franchise (TBD: Buying an exclusive rights in specific country/region) |
Contract Period | 5 years (Renewal Fee: 500,000 JPY) |
Franchising Fee | 3,000,000 JPY |
Security Deposit | 1,000,000 JPY |
Training Fee | 1st person: 100,000 JPY / After 2nd person: per 50,000 JPY |
Opening Support Fee | 500,000 JPY |
Construction Design | 1,000,000 JPY |
Royalty | 5% of Montdly Gross Sales |
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