Kinya franchise
2023 filing · April 28, 2023
Kinya at a glance
A full-service Japanese restaurant serving ramen, sushi, appetizers and drinks, often with a full bar. At the end of 2022 there were 4 Kinya locations in the US, all company-owned.
The business
- Franchisor
- Kinya Franchise LLC
- The company that sells the franchises
- Franchisor based in
- West Orange, New Jersey
What you pay
- Cost to open
- $389K–$1.56M
- Fee, build-out and opening working capital
- Franchise fee
- $20,000
- Paid once, when you sign
- Royalty
- 2%
- 2% of gross sales, paid monthly, plus a $1,000 monthly brand development and website fee
- Renewal fee
- $5,000
- When the agreement ends and you sign again
- Agreement length
- 20 years
- Territory
- Limited
- Limited protection
- Franchisor financing
- None offered
Where it is
- US locations, 2022
- 4
- Franchised and company-owned
- Franchised
- 0
- Company-owned
- 4
- Change in 3 years
- 0
- Franchised locations, 2020–2022
- States
- 3
- Most in New York, New Jersey and Pennsylvania
From Kinya Franchise LLC’s 2023 filing; SBA status from the SBA Franchise Directory, October 28, 2026.
Where it ranks
Kinya among all franchises with the same figure.
| Figure | Kinya | Among all franchises |
|---|---|---|
| Cost to open, midpointHalfway between the low and high estimate | $975,900 | Costs more than 83% of franchises |
| Franchise feePaid once, when you sign | $20,000 | Lower than 89% of franchises |
| RoyaltyShare of sales paid to the franchisor | 2% | Lower than 99% of brands with a set rate |
| US locationsFranchised and company-owned | 4 | Fewer than 74% of franchises |
How much a Kinya franchise costs
Opening one Kinya costs an estimated $388,700 to $1,563,100. That covers the franchise fee and everything else needed to open, through the first months of working capital.
The biggest costs are leasehold improvements ($100,000 to $800,000) and equipment, furniture and fixtures ($50,000 to $200,000). Here is every line of the estimate as filed:
| What it pays for | Range | Low | High |
|---|---|---|---|
| Initial Franchise Fee | $20,000 | ||
| Training Fee | $3,000 | $9,000 | |
| Website Fee – 3 Months | $750 | ||
| Rent – 3 Months | $49,000 | $95,000 | |
| Lease & Utility Security Deposit | $11,000 | $95,000 | |
| Design & Architect Fees | $3,000 | $30,000 | |
| Leasehold Improvements | $100,000 | $800,000 | |
| Signage | $4,000 | $10,000 | |
| Equipment, Furniture and Fixtures | $50,000 | $200,000 | |
| Point of Sale & Computer Equipment | $15,000 | $30,000 | |
| Security System | $3,500 | $5,000 | |
| Business Licenses & Permits (Not Including Liquor License) | $5,000 | $7,500 | |
| Professional Fees | $5,000 | $10,000 | |
| Insurance – 3 Months | $9,000 | $30,000 | |
| Initial Inventory | $10,000 | $20,000 | |
| Training Expenses | $15,000 | $20,000 | |
| Grand Opening Marketing | $5,000 | ||
| On-Site Evaluation & Expenses | $1,450 | $5,850 | |
| Opening Assistance & Training/Expenses | $4,000 | $20,000 | |
| Additional Funds – 3 Months | $75,000 | $150,000 | |
| Total | $388,700 | $1,563,100 | |
Source: Kinya Franchise LLC, 2023 filing, page 19
Kinya franchise fee
The franchise fee is $20,000. You pay it when you sign the franchise agreement.
Source: Kinya Franchise LLC, 2023 filing, page 11
Royalty and ongoing fees
| Royalty | 2% of gross sales, paid monthly, plus a $1,000 monthly brand development and website fee. |
|---|---|
| Software Fee | $780 |
| Transfer Fee | $15,000 |
| Renewal Fee | $5,000 |
| Local Marketing | $1,000 |
The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: Kinya Franchise LLC, 2023 filing, page 13
Other fees as filed, from pages 13–16. The filing lists every fee, including late fees and audit costs.
Sales and earnings
No figures Kinya 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: Kinya Franchise LLC, 2023 filing, page 50
- Estimate Estimated yearly sales per location
- $1.5M–$2.6M
Estimated from the sales that 292 comparable franchises file, matched on industry, format, cost to open, fees and size.
How Kinya compares
Of the 813 restaurant franchises on this site, Kinya is the 380th cheapest to open and the 574th largest by number of locations.
| Figure | Kinya | Typical restaurant brand | Typical franchise |
|---|---|---|---|
| Cost to open, low end | $389K | $408K | $222K |
| Cost to open, high end | $1.56M | $866K | $477K |
| Franchise fee | $20K | $35K | $40K |
| Royalty | 2% | 5% | 6% |
| US locations | 4 | 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 |
|---|---|---|---|---|
| 2020 | 0 (0) | 0 | 0 | 0 |
| 2021 | 0 (0) | 1 | 0 | 0 |
| 2022 | 0 (0) | 4 | 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: sushi franchises and franchise failure rates.
Source: Kinya Franchise LLC, 2023 filing, pages 50–51
Where Kinya locations are
At the end of 2022, Kinya had locations in 3 states. The most are in New York, New Jersey and Pennsylvania.
- New York2
- New Jersey1
- Pennsylvania1
| State | Franchised | Company-owned | Total |
|---|---|---|---|
| New York | 0 | 2 | 2 |
| New Jersey | 0 | 1 | 1 |
| Pennsylvania | 0 | 1 | 1 |
Source: Kinya Franchise LLC, 2023 filing, page 51
Who owns Kinya?
Kinya franchises are sold by Kinya Franchise LLC.
From Kinya Franchise LLC’s 2023 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: Kinya Franchise LLC, 2023 filing, litigation on page 11, bankruptcy on page 11
Kinya filings
The figures on this page come from Kinya Franchise LLC’s 2023 filing, issued April 28, 2023, on record with the NASAA Electronic Filing Depository.
| Filing | Issued | Registry | On this page |
|---|---|---|---|
| 2023 filing | April 28, 2023 | NASAA depository | Costs, fees and locations, 2020–2022 |
Each link opens the filing as a PDF. See the newest filings across all brands.
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