CoCo Ichibanya franchise
2025 filing · February 26, 2025Growing
CoCo Ichibanya at a glance
A full-service restaurant serving Japanese curry dishes made with its own sauces and spices. At the end of 2024 there were 7 CoCo Ichibanya locations in the US, 1 franchised and 6 company-owned, so most are run by the company itself.
The business
- Franchisor
- Ichibanya International USA, Inc
- The company that sells the franchises
- Franchising since
- 2023
- 2 years of selling franchises
- Franchisor based in
- Torrance, California
- Typical size
- 1,500–2,500 sq ft
What you pay
- Cost to open
- $908K–$1.41M
- Fee, build-out and opening working capital
- Franchise fee
- $40,000
- Plus a $3,000 design fee and a $3,000 design confirmation fee
- Royalty
- 3%
- 3% of gross revenues, paid monthly
- Brand fund
- 1%
- 1% of gross revenue, paid monthly
- Agreement length
- 10 years
- Territory
- Protected
- Protected territory
- Franchisor financing
- None offered
Where it is
- US locations, 2024
- 7
- Franchised and company-owned
- Franchised
- 1
- Company-owned
- 6
- Change in 3 years
- +1
- Franchised locations, 2022–2024
- States
- 2
- Most in California and Texas
From Ichibanya International USA, Inc’s 2025 filing; SBA status from the SBA Franchise Directory, October 28, 2026.
Where it ranks
CoCo Ichibanya among all franchises with the same figure.
| Figure | CoCo Ichibanya | Among all franchises |
|---|---|---|
| Cost to open, midpointHalfway between the low and high estimate | $1,156,250 | Costs more than 86% of franchises |
| Franchise feePaid once, when you sign | $40,000 | Lower than 46% of franchises |
| RoyaltyShare of sales paid to the franchisor | 3% | Lower than 98% of brands with a set rate |
| US locationsFranchised and company-owned | 7 | Fewer than 66% of franchises |
How much a CoCo Ichibanya franchise costs
Opening one CoCo Ichibanya costs an estimated $907,500 to $1,405,000. That covers the franchise fee and everything else needed to open, through the first months of working capital.
Source: Ichibanya International USA, Inc, 2025 filing, page 14
CoCo Ichibanya franchise fee
The franchise fee is $40,000, plus a $3,000 design fee and a $3,000 design confirmation fee. You pay it when you sign the franchise agreement.
Source: Ichibanya International USA, Inc, 2025 filing, page 9
Royalty and ongoing fees
| Royalty | 3% of gross revenues, paid monthly. |
|---|---|
| Brand or marketing fund | 1% of gross revenue, paid monthly. |
| Transfer Fee | $10,000. |
| Initial Training Fee for Additional Attendees | $2,000 |
The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: Ichibanya International USA, Inc, 2025 filing, page 10
Other fees as filed, from pages 10–11. The filing lists every fee, including late fees and audit costs.
Sales and earnings
No figures CoCo Ichibanya 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: Ichibanya International USA, Inc, 2025 filing, page 35
- Estimate Estimated yearly sales per location
- $1.3M–$2.4M
Estimated from the sales that 292 comparable franchises file, matched on industry, format, cost to open, fees and size.
SBA loans to CoCo Ichibanya franchisees
Lenders approved 2 SBA 7(a) loans for CoCo Ichibanya franchisees from 2021 to 2026, $1.55M in all. None has been paid off or charged off yet.
A charged-off loan is one written off as uncollectible. See SBA franchise loans for how 7(a) and 504 loans work.
Source: SBA 7(a) and 504 loan data, as of September 30, 2026
How CoCo Ichibanya compares
Of the 813 restaurant franchises on this site, CoCo Ichibanya is the 655th cheapest to open and the 484th largest by number of locations.
| Figure | CoCo Ichibanya | Typical restaurant brand | Typical franchise |
|---|---|---|---|
| Cost to open, low end | $908K | $408K | $222K |
| Cost to open, high end | $1.41M | $866K | $477K |
| Franchise fee | $40K | $35K | $40K |
| Royalty | 3% | 5% | 6% |
| Brand fund | 1% | 2% | 2% |
| US locations | 7 | 14 | 21 |
| Closed or left per year | 0% | 4.9% | – |
| 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 |
|---|---|---|---|---|
| 2022 | 0 (0) | 6 | 0 | 0 |
| 2023 | 1 (+1) | 6 | +1 | 0 |
| 2024 | 1 (0) | 6 | 0 | 0 |
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: franchise failure rates.
Source: Ichibanya International USA, Inc, 2025 filing, page 35
Where CoCo Ichibanya locations are
At the end of 2024, CoCo Ichibanya had locations in 2 states. The most are in California and Texas.
- California6
- Texas1
| State | Franchised | Company-owned | Total |
|---|---|---|---|
| California | 0 | 6 | 6 |
| Texas | 1 | 0 | 1 |
Source: Ichibanya International USA, Inc, 2025 filing, page 36
Who owns CoCo Ichibanya?
CoCo Ichibanya franchises are sold by Ichibanya International USA, Inc.
From Ichibanya International USA, Inc’s 2025 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: Ichibanya International USA, Inc, 2025 filing, litigation on page 9, bankruptcy on page 9
CoCo Ichibanya filings
The figures on this page come from Ichibanya International USA, Inc’s 2025 filing, issued February 26, 2025, on record with the NASAA Electronic Filing Depository.
| Filing | Issued | Registry | On this page |
|---|---|---|---|
| 2025 filing | February 26, 2025 | NASAA depository | Costs, fees and locations, 2022–2024 |
Each link opens the filing as a PDF. See the newest filings across all brands.
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