Nan Xiang Xiao Long Bao franchise
A Nan Xiang Xiao Long Bao franchisee operates a Shanghainese restaurant serving soup dumplings, dim sum and noodles. At the end of 2025 there were 10 Nan Xiang Xiao Long Bao locations in the US, all company-owned.
- Cost to open
- $1.18M–$1.89M
- Franchise fee
- $60,000
- Royalty
- Up to 5%
- Locations, 2025
- 100 in 3 yrs
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Company snapshot
- SBA loans
- Not on the SBA Franchise Directory
From Nan Xiang Franchisor LLC’s 2026 filing; SBA status from the SBA Franchise Directory, October 28, 2026.
How much a Nan Xiang Xiao Long Bao franchise costs
Opening one restaurant costs an estimated $1,180,000 to $1,894,000. That covers the franchise fee and everything else needed to open, through the first months of working capital.
Source: Nan Xiang Franchisor LLC, 2026 filing, page 16
Nan Xiang Xiao Long Bao franchise fee
The franchise fee is $60,000. You pay it when you sign the franchise agreement.
Source: Nan Xiang Franchisor LLC, 2026 filing, page 10
Royalty and ongoing fees
| Royalty | A negotiated rate up to 5% of gross sales; changes require 60 days' notice and may not exceed 5%. |
|---|
The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: Nan Xiang Franchisor LLC, 2026 filing, page 11
Sales and earnings
No figures Nan Xiang Xiao Long Bao 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: Nan Xiang Franchisor LLC, 2026 filing, page 42
Locations opened and closed
| Year | Franchised | Company-owned | Closed |
|---|---|---|---|
| 2023 | 0 (0) | 3 | 0 |
| 2024 | 0 (0) | 5 | 0 |
| 2025 | 0 (0) | 10 | 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.
Source: Nan Xiang Franchisor LLC, 2026 filing, page 43
How Nan Xiang Xiao Long Bao compares
Of the 136 restaurant franchises on this site, Nan Xiang Xiao Long Bao is the 105th cheapest to open and the 114th largest by number of locations.
| Measure | Nan Xiang Xiao Long Bao | Typical restaurant |
|---|---|---|
| Cost to open, low end | $1.18M | $484K |
| Shares earnings figures | No | 98 of 136 |
Typical is the median across the 136 brands in restaurant franchises.
