Mensho franchise
2026 filing · January 12, 2026Growing
Mensho at a glance
A casual dining restaurant serving craft-style ramen and other Japanese dishes, with beer and sake. At the end of 2025 there were 10 Mensho locations in the US, 6 franchised and 4 company-owned.
The business
- Franchisor
- Mensho Franchise, Inc
- The company that sells the franchises
- Current franchisor selling since
- 2022
- 4 years of selling franchises
- Franchisor based in
- San Francisco, California
- Typical size
- 1,000–3,000 sq ft
What you pay
- Cost to open
- $578K–$3.46M
- Fee, build-out and opening working capital
- Franchise fee
- $30,000
- Paid once, when you sign
- Royalty
- 5%
- 5% of gross sales, paid weekly
- Brand fund
- 1%
- 1% of gross sales, paid with the royalty; it can rise to 3%
- Renewal fee
- $20,000
- When the agreement ends and you sign again
- Agreement length
- 10 years
Where it is
- US locations, 2025
- 10
- Franchised and company-owned
- Franchised
- 6
- Company-owned
- 4
- Change in 1 years
- +6
- Franchised locations, 2023–2025
- States
- 2
- Most in Arizona and Hawaii
From Mensho Franchise, Inc’s 2026 filing; revenue and net income from its audited financial statements, page 247; SBA status from the SBA Franchise Directory, October 28, 2026.
Franchisor revenue is the company that sells the franchises (royalties, fees and anything else it earns), not what a location makes.
Where it ranks
Mensho among all franchises with the same figure.
| Figure | Mensho | Among all franchises |
|---|---|---|
| Cost to open, midpointHalfway between the low and high estimate | $2,020,563 | Costs more than 92% of franchises |
| Franchise feePaid once, when you sign | $30,000 | Lower than 72% of franchises |
| RoyaltyShare of sales paid to the franchisor | 5% | Lower than 69% of brands with a set rate |
| US locationsFranchised and company-owned | 10 | Fewer than 61% of franchises |
How much a Mensho franchise costs
Opening one Mensho costs an estimated $578,375 to $3,462,750. That covers the franchise fee and everything else needed to open, through the first months of working capital.
The biggest costs are construction/leasehold improvements and signs ($300,000 to $2,500,000) and lease security deposit, pre-opening rent and other lease payments ($12,000 to $450,000). Here is every line of the estimate as filed:
| What it pays for | Range | Low | High |
|---|---|---|---|
| Initial Franchise Fee | $30,000 | ||
| Security Deposit | $10,000 | ||
| Training Fee | $15,000 | ||
| Lease Security Deposit, Pre-Opening Rent and Other Lease Payments | $12,000 | $450,000 | |
| Licenses, Permits and Utility Deposits | $2,500 | $5,000 | |
| Architects and Design | $10,000 | $50,000 | |
| Construction/Leasehold Improvements and Signs | $300,000 | $2,500,000 | |
| Equipment, Supplies, and Décor Package bought from Mensho TK | $75,000 | $150,000 | |
| Furniture, Furnishings, Décor, Fixtures, Equipment, and Supplies bought from Third Parties | $25,000 | $50,000 | |
| Computer and Security Equipment | $9,500 | $21,000 | |
| Professional Fees | $3,000 | $10,000 | |
| Opening Proprietary Products | $2,700 | $6,400 | |
| Other Opening Inventory and Supplies (Non-Proprietary) | $9,000 | $18,000 | |
| Pre-Opening Labor | $31,175 | $75,350 | |
| Insurance | $3,500 | $7,000 | |
| Grand Opening Marketing | $5,000 | $10,000 | |
| Additional Funds - 3 Months (Working Capital) | $35,000 | $55,000 | |
| Total | $578,375 | $3,462,750 | |
Source: Mensho Franchise, Inc, 2026 filing, page 26
Mensho franchise fee
The franchise fee is $30,000. You pay it when you sign the franchise agreement.
Source: Mensho Franchise, Inc, 2026 filing, page 15
Royalty and ongoing fees
| Royalty | 5% of gross sales, paid weekly. |
|---|---|
| Brand or marketing fund | 1% of gross sales, paid with the royalty; it can rise to 3%. |
| Transfer Fee - Qualified Transfers | $2,500 per Qualified Transfer. Subject to state law. |
| Renewal Fee | $20,000 |
The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: Mensho Franchise, Inc, 2026 filing, page 18
Other fees as filed, from page 20. The filing lists every fee, including late fees and audit costs.
Sales and earnings
No figures Mensho 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: Mensho Franchise, Inc, 2026 filing, page 70
- Estimate Estimated yearly sales per location
- $1.6M–$2.8M
Estimated from the sales that 292 comparable franchises file, matched on industry, format, cost to open, fees and size.
How Mensho compares
Of the 813 restaurant franchises on this site, Mensho is the 557th cheapest to open and the 436th largest by number of locations.
| Figure | Mensho | Typical restaurant brand | Typical franchise |
|---|---|---|---|
| Cost to open, low end | $578K | $408K | $222K |
| Cost to open, high end | $3.46M | $866K | $477K |
| Franchise fee | $30K | $35K | $40K |
| Royalty | 5% | 5% | 6% |
| Brand fund | 1% | 2% | 2% |
| US locations | 10 | 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 |
|---|---|---|---|---|
| 2023 | 0 (0) | 3 | 0 | 0 |
| 2024 | 1 (+1) | 3 | – | – |
| 2025 | 6 (+5) | 4 | – | – |
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: Mensho Franchise, Inc, 2026 filing, page 71
Where Mensho locations are
At the end of 2025, Mensho had franchised locations in 2 states. The most are in Arizona and Hawaii.
- Arizona3
- Hawaii1
Source: Mensho Franchise, Inc, 2026 filing, page 71
Who owns Mensho?
Mensho franchises are sold by Mensho Franchise, Inc. It is a subsidiary of MENSHO, Inc.
From Mensho Franchise, Inc’s 2026 filing, page 8.
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: Mensho Franchise, Inc, 2026 filing, litigation on page 14, bankruptcy on page 14
Mensho filings
The figures on this page come from Mensho Franchise, Inc’s 2026 filing, issued January 12, 2026, on record with the NASAA Electronic Filing Depository.
| Filing | Issued | Registry | On this page |
|---|---|---|---|
| 2026 filing | January 12, 2026 | NASAA depository | Costs, fees and locations, 2023–2025 |
Each link opens the filing as a PDF. See the newest filings across all brands.
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