Paradise Dynasty franchise
2024 filing · October 22, 2024Shares sales figures
Paradise Dynasty at a glance
A Chinese restaurant known for xiao long bao soup dumplings. At the end of 2024 there were 1 Paradise Dynasty locations in the US, all company-owned.
The business
- Franchisor
- Paradise Franchising Group USA, LLC
- The company that sells the franchises
- Franchisor based in
- Irvine, California
- Typical size
- 3,500–5,500 sq ft
What you pay
- Cost to open
- $1.62M–$3.36M
- Fee, build-out and opening working capital
- Franchise fee
- $500,000
- Paid once, when you sign
- Royalty
- 5%
- 5% of gross sales, paid monthly
- Brand fund
- None now
- No brand fund
- Renewal fee
- $80,000
- When the agreement ends and you sign again
- Agreement length
- 6 years
- Franchisor financing
- None offered
Where it is
- US locations, 2024
- 1
- Franchised and company-owned
- Franchised
- 0
- Company-owned
- 1
- Change in 3 years
- 0
- Franchised locations, 2022–2024
From Paradise Franchising Group USA, LLC’s 2024 filing; SBA status from the SBA Franchise Directory, October 28, 2026.
Where it ranks
Paradise Dynasty among all franchises with the same figure.
| Figure | Paradise Dynasty | Among all franchises |
|---|---|---|
| Cost to open, midpointHalfway between the low and high estimate | $2,491,500 | Costs more than 94% of franchises |
| Franchise feePaid once, when you sign | $500,000 | Higher than 100% of franchises |
| RoyaltyShare of sales paid to the franchisor | 5% | Lower than 69% of brands with a set rate |
| US locationsFranchised and company-owned | 1 | Fewer than 88% of franchises |
How much a Paradise Dynasty franchise costs
Opening one Paradise Dynasty costs an estimated $1,624,600 to $3,358,400. That covers the franchise fee and everything else needed to open, through the first months of working capital.
Source: Paradise Franchising Group USA, LLC, 2024 filing, page 19
Paradise Dynasty franchise fee
The franchise fee is $500,000. You pay it when you sign the franchise agreement.
Source: Paradise Franchising Group USA, LLC, 2024 filing, page 12
Royalty and ongoing fees
| Royalty | 5% of gross sales, paid monthly. |
|---|---|
| Brand or marketing fund | No brand fund |
| Renewal Fee | $80,000 |
The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: Paradise Franchising Group USA, LLC, 2024 filing, pages 13 and 28
Other fees as filed, from page 14. The filing lists every fee, including late fees and audit costs.
Sales and earnings
Shares figures Paradise Dynasty publishes sales or earnings figures for its locations. The full tables, with notes on which locations are counted, are in its filing.
Source: Paradise Franchising Group USA, LLC, 2024 filing, page 44
- Estimate Estimated yearly sales per location
- $2.5M–$4.4M
Estimated from the sales that 292 comparable franchises file, matched on industry, format, cost to open, fees and size.
How Paradise Dynasty compares
Of the 813 restaurant franchises on this site, Paradise Dynasty is the 759th cheapest to open and the 708th largest by number of locations.
| Figure | Paradise Dynasty | Typical restaurant brand | Typical franchise |
|---|---|---|---|
| Cost to open, low end | $1.62M | $408K | $222K |
| Cost to open, high end | $3.36M | $866K | $477K |
| Franchise fee | $500K | $35K | $40K |
| Royalty | 5% | 5% | 6% |
| US locations | 1 | 14 | 21 |
| Shares earnings figures | Yes | 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) | 1 | 0 | 0 |
| 2023 | 0 (0) | 1 | 0 | 0 |
| 2024 | 0 (0) | 1 | 0 | 0 |
Closed or left counts terminations, non-renewals, locations bought back by the franchisor and locations that stopped operating. Years end July 31.
See which brands grew most in the fastest-growing franchises rankings.
More in the guides: franchise failure rates.
Source: Paradise Franchising Group USA, LLC, 2024 filing, page 48
Who owns Paradise Dynasty?
Paradise Dynasty franchises are sold by Paradise Franchising Group USA, LLC.
From Paradise Franchising Group USA, LLC’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: Paradise Franchising Group USA, LLC, 2024 filing, litigation on page 12, bankruptcy on page 12
Paradise Dynasty filings
The figures on this page come from Paradise Franchising Group USA, LLC’s 2024 filing, issued October 22, 2024, on record with the NASAA Electronic Filing Depository.
| Filing | Issued | Registry | On this page |
|---|---|---|---|
| 2024 filing | October 22, 2024 | 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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