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.
Ichiryu has the franchise fee of up to $26,800.
Initial Investment and Startup Costs
|Type of expenditure||Cost|
|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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