Afuri franchise
2024 filing · April 8, 2024Fewer locations
Afuri at a glance
A fast-casual ramen restaurant with a choice of broths, noodles and toppings, plus sushi, rice bowls and Japanese appetizers. At the end of 2023 there were 6 Afuri locations in the US, 1 franchised and 5 company-owned, so most are run by the company itself.
The business
- Franchisor
- AFURI FRANCHISE INC
- The company that sells the franchises
- Franchising since
- 2018
- 6 years of selling franchises
- Franchisor based in
- Portland, Oregon
What you pay
- Cost to open
- $591K–$1.15M
- A first Afuri restaurant with a commissary kitchen
- Franchise fee
- $45,000
- $30,000 for each additional restaurant
- Royalty
- 5%
- 5% of monthly revenue, paid monthly
- Brand fund
- 1%
- 1% of revenue, paid monthly
- Renewal fee
- See terms
- Reimbursement of our out-of-pocket costs with $2,000 minimum
- Agreement length
- 10 years
- Territory
- Limited
- Limited protection
- Franchisor financing
- None offered
Where it is
- US locations, 2023
- 6
- Franchised and company-owned
- Franchised
- 1
- Company-owned
- 5
- Change in 3 years
- −1
- Franchised locations, 2021–2023
- States
- 2
- Most in Oregon and California
From AFURI FRANCHISE INC’s 2024 filing; SBA status from the SBA Franchise Directory, October 28, 2026.
Where it ranks
Afuri among all franchises with the same figure.
| Figure | Afuri | Among all franchises |
|---|---|---|
| Cost to open, midpointHalfway between the low and high estimate | $872,000 | Costs more than 80% of franchises |
| Franchise feePaid once, when you sign | $45,000 | Higher than 55% of franchises |
| RoyaltyShare of sales paid to the franchisor | 5% | Lower than 69% of brands with a set rate |
| US locationsFranchised and company-owned | 6 | Fewer than 69% of franchises |
How much a Afuri franchise costs
Opening a first Afuri restaurant with a commissary kitchen costs an estimated $591,000 to $1,153,000. That covers the franchise fee and everything else needed to open, through the first months of working capital.
The biggest costs are construction, remodeling and leasehold improvements ($200,000 to $400,000) and wages for employees - 3 months ($150,000 to $240,000). Here is every line of the estimate as filed:
| What it pays for | Range | Low | High |
|---|---|---|---|
| Initial Franchise Fee | $45,000 | ||
| Pre-Construction Costs (Architect, Plans, Permits) | $11,000 | $30,000 | |
| Construction, Remodeling and Leasehold Improvements | $200,000 | $400,000 | |
| Point of Sale System (Initial Payment) | $5,000 | $20,000 | |
| Equipment, Fixtures, Furnishings, Décor, and Supplies | $90,000 | $180,000 | |
| Initial Inventory | $6,000 | $10,000 | |
| Signage | $7,000 | $15,000 | |
| Wages for Employees - 3 months | $150,000 | $240,000 | |
| Out-of-Pocket Expenses During Training | $6,000 | $10,000 | |
| Grand Opening Advertising | $1,000 | $2,000 | |
| Liquor License (if available in your jurisdiction) | $4,000 | $30,000 | |
| Professional Fees | $2,500 | $10,000 | |
| Insurance – One Year | $3,500 | $7,000 | |
| Miscellaneous Opening Costs | $50,000 | $120,000 | |
| Additional Funds – 3 months | $10,000 | $30,000 | |
| Total | $591,000 | $1,153,000 | |
Source: AFURI FRANCHISE INC, 2024 filing, page 16
Afuri franchise fee
The franchise fee is $45,000, $30,000 for each additional restaurant. You pay it when you sign the franchise agreement.
Source: AFURI FRANCHISE INC, 2024 filing, page 10
Royalty and ongoing fees
| Royalty | 5% of monthly revenue, paid monthly. |
|---|---|
| Brand or marketing fund | 1% of revenue, paid monthly. |
| Point of Sale System (Initial Payment) | $5,000 to $20,000 |
| Transfer Fee | Currently $30,000 |
| Renewal Fee | Reimbursement of our out-of-pocket costs with $2,000 minimum |
The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: AFURI FRANCHISE INC, 2024 filing, pages 11 and 12
Other fees as filed, from pages 12–16. The filing lists every fee, including late fees and audit costs.
Sales and earnings
No figures Afuri does not share sales or profit figures for its locations. Talking to current and former franchise owners is the usual way to learn what a location earns.
Source: AFURI FRANCHISE INC, 2024 filing, page 45
- Estimate Estimated yearly sales per location
- $1.1M–$2M
Estimated from the sales that 292 comparable franchises file, matched on industry, format, cost to open, fees and size.
Growth and closures
Share of franchised locations, 2023 / 2021–2023. Typical means the median: half of brands are above it, half below.
| Measure | Afuri | Typical restaurant brand | Typical franchise |
|---|---|---|---|
| GrowthNet change in franchised locations | −67% / −50% | 0% / +3% | +1.2% / +10% |
| ClosuresTerminated, not renewed or stopped operating | 67% / 100% | 2.5% / 13% | 3.9% / 16% |
| Bought backLocations the franchisor took back | 0% / 0% | 0% / 0% | 0% / 0% |
Typical restaurant brand is the median of the 301 brands in restaurant franchises with three years of counts.
How Afuri compares
Of the 813 restaurant franchises on this site, Afuri is the 565th cheapest to open and the 503rd largest by number of locations.
| Figure | Afuri | Typical restaurant brand | Typical franchise |
|---|---|---|---|
| Cost to open, low end | $591K | $408K | $222K |
| Cost to open, high end | $1.15M | $866K | $477K |
| Franchise fee | $45K | $35K | $40K |
| Royalty | 5% | 5% | 6% |
| Brand fund | 1% | 2% | 2% |
| US locations | 6 | 14 | 21 |
| Shares earnings figures | No | 474 of 813 | 2,147 of 3,352 |
Typical is the median across the 813 brands in restaurant franchises; typical franchise, across every brand here.
Locations opened and closed
| Year | Franchised | Company-owned | Opened | Closed |
|---|---|---|---|---|
| 2021 | 3 (+1) | 3 | +1 | 0 |
| 2022 | 3 (0) | 4 | 0 | 0 |
| 2023 | 1 (−2) | 5 | 0 | −2 |
Closed or left counts terminations, non-renewals, locations bought back by the franchisor and locations that stopped operating.
See which brands grew most in the fastest-growing franchises rankings.
More in the guides: sushi franchises and franchise failure rates.
Source: AFURI FRANCHISE INC, 2024 filing, page 46
Where Afuri locations are
At the end of 2023, Afuri had locations in 2 states. The most are in Oregon and California.
- Oregon5
- California1
| State | Franchised | Company-owned | Total |
|---|---|---|---|
| Oregon | 0 | 5 | 5 |
| California | 1 | 0 | 1 |
Source: AFURI FRANCHISE INC, 2024 filing, page 47
Who owns Afuri?
Afuri franchises are sold by AFURI FRANCHISE INC.
From AFURI FRANCHISE INC’s 2024 filing.
Lawsuits and bankruptcy
| Lawsuits and regulatory actions | None. The filing says no litigation has to be disclosed. |
|---|---|
| Bankruptcy | None. The filing says no bankruptcy has to be disclosed. |
Franchisors must disclose lawsuits and bankruptcies involving the company, its parents and affiliates, and its executives. Many cases are routine disputes with franchisees over fees or contracts; read the descriptions in the filing and ask current owners about anything that worries you.
Source: AFURI FRANCHISE INC, 2024 filing, litigation on page 10, bankruptcy on page 10
Afuri filings
The figures on this page come from AFURI FRANCHISE INC’s 2024 filing, issued April 8, 2024, on record with the NASAA Electronic Filing Depository.
| Filing | Issued | Registry | On this page |
|---|---|---|---|
| 2024 filing | April 8, 2024 | NASAA depository | Costs, fees and locations, 2021–2023 |
Each link opens the filing as a PDF. See the newest filings across all brands.
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