Totto Ramen franchise

2024 filing · April 29, 2024Shares sales figures

Totto Ramen at a glance

A ramen restaurant serving paitan and miso ramen, buns, fried chicken and Japanese small plates. At the end of 2023 there were 2 Totto Ramen locations in the US, all company-owned.

The business

Industry: Restaurant; Also listed in food
Franchisor: April June LLC; The company that sells the franchises
Who runs it: Semi-absentee; Owner doesn't have to take part; a trained manager runs it
Franchising since: 2023
Franchisor based in: Somerville, Massachusetts
Typical size: 1,500–2,000 sq ft

What you pay

Cost to open: $499K–$600K; Fee, build-out and opening working capital
Franchise fee: $45,000; Paid once, when you sign
Royalty: 5%; 5% of weekly gross revenue, paid weekly, plus 2% to the brand development fund and a $75 weekly technology fee
Brand fund: 2%; 2% of weekly gross revenue, paid weekly; it can rise to 3%
Agreement length: 10 years
Territory: Limited; Limited protection
Franchisor financing: None offered
SBA Franchise Directory: Not listed; Lenders check this list before an SBA loan

Where it is

US locations, 2023: 2; Franchised and company-owned
Franchised: 0
Company-owned: 2
Change in 3 years: 0; Franchised locations, 2021–2023

Support and records

Shares sales figures: Yes; For some or all locations
Initial training: 116 hours; 16 hours in class and 100 on the job
Lawsuits disclosed: None
Bankruptcy disclosed: None
Latest filing: Apr 29, 2024; 2024 filing

From April June LLC’s 2024 filing; SBA status from the SBA Franchise Directory, October 28, 2026.

Estimate your costs Model the payback

Where it ranks

Totto Ramen among all franchises with the same figure.

Figure	Totto Ramen	Among all franchises
Cost to open, midpointHalfway between the low and high estimate	$549,500	Costs more than 68% of franchises
Franchise feePaid once, when you sign	$45,000	Higher than 55% of franchises
RoyaltyShare of sales paid to the franchisor	5%	Lower than 69% of brands with a set rate
US locationsFranchised and company-owned	2	Fewer than 82% of franchises

How much a Totto Ramen franchise costs

Opening one Totto Ramen costs an estimated $499,375 to $599,625. That covers the franchise fee and everything else needed to open, through the first months of working capital.

The biggest costs are leasehold improvements ($185,000 to $220,000) and additional funds/working capital ($100,000 to $112,000). Here is every line of the estimate as filed:

What it pays for	Low	High
Initial Franchise Fee	$45,000
Lease & Utility Deposits	$12,000	$16,500
Design & Architect Fees	$15,000	$20,000
Leasehold improvements	$185,000	$220,000
Furniture & Fixtures	$10,000	$20,000
Rent & Utilities (3 months)	$28,500	$30,000
Signage	$5,000	$10,000
POS/Back Office System	$2,500	$3,000
Equipment	$57,000	$72,000
Professional Fees	$3,500	$5,000
Initial Inventory	$20,000	$25,000
Insurance	$1,750	$3,500
Business Permits and Licenses	$500	$1,000
Training Expenses	$8,625	$9,625
Grand Opening Marketing	$5,000	$7,000
Additional Funds/Working Capital	$100,000	$112,000
Total	$499,375	$599,625

Source: April June LLC, 2024 filing, page 15

Totto Ramen franchise fee

The franchise fee is $45,000. You pay it when you sign the franchise agreement.

Source: April June LLC, 2024 filing, page 8

Royalty and ongoing fees

Royalty	5% of weekly gross revenue, paid weekly, plus 2% to the brand development fund and a $75 weekly technology fee.
Brand or marketing fund	2% of weekly gross revenue, paid weekly; it can rise to 3%.

The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.

Source: April June LLC, 2024 filing, page 8

Sales and earnings

Shares figures Totto Ramen publishes sales or earnings figures for its locations. The full tables, with notes on which locations are counted, are in its filing.

Source: April June LLC, 2024 filing, page 38

Estimate Estimated yearly sales per location: $760K–$1.4M

Estimated from the sales that 292 comparable franchises file, matched on industry, format, cost to open, fees and size.

How Totto Ramen compares

Of the 813 restaurant franchises on this site, Totto Ramen is the 505th cheapest to open and the 678th largest by number of locations.

Figure	Totto Ramen	Typical restaurant brand	Typical franchise
Cost to open, low end	$499K	$408K	$222K
Cost to open, high end	$600K	$866K	$477K
Franchise fee	$45K	$35K	$40K
Royalty	5%	5%	6%
Brand fund	2%	2%	2%
US locations	2	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

0 opened

0 closed or left

Franchised locations, last 3 years

2021

0 opened0 closed or left

0 (0)

2022

0 opened0 closed or left

0 (0)

2023

0 opened0 closed or left

0 (0)

Year	Franchised	Company-owned	Opened	Closed
2021	0 (0)	3	0	0
2022	0 (0)	2	0	0
2023	0 (0)	2	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: April June LLC, 2024 filing, page 40

Source filing (2024, PDF)

Who owns Totto Ramen?

Totto Ramen franchises are sold by April June LLC. Its filing names no parent company.

From April June LLC’s 2024 filing, page 6.

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: April June LLC, 2024 filing, litigation on page 8, bankruptcy on page 8

Source filing (2024, PDF)