About COCO ICHIBANYA Franchise
CoCo Ichibanya is a full service restaurant franchise specializing in authentic Japanese curry dishes.
The menu features proprietary curry recipes alongside appetizers, beverages, and condiments, all prepared with exclusive sauces, spices, and techniques.
Locations offer both dine in and delivery service.
COCO ICHIBANYA Franchise Cost & Fees
Minimum Investment
$908K
Average Investment
$1.2M
Maximum Investment
$1.4M
| Fee Type | Amount | Notes |
|---|---|---|
| Initial Franchise Fee | $40,000 | One-time payment upon signing |
| Royalty Fee | 3% of Gross Revenues of gross sales | Ongoing; paid monthly |
| Marketing/Ad Fund | 1% of Gross Revenues (not currently payable, but may be required upon 30 days' notice) | National brand fund |
| Total Investment Range | $907,500 – $1,405,000 | Includes build-out, inventory, working capital |
The investment range of $908K–$1.4M reflects variability in build-out costs, store size, lease terms, and market. The combined royalty (3% of Gross Revenues) and marketing fee (1% of Gross Revenues (not currently payable, but may be required upon 30 days' notice)) are ongoing costs paid as a percentage of gross sales.
Investment Breakdown (Item 7)
| Item | Low | High |
|---|---|---|
| Initial Franchise Fee | $40,000 | $40,000 |
| Design Fee | $3,000 | $3,000 |
| Travel and living expenses while attending Initial Training | $10,000 | $12,000 |
| Grand opening advertising and promotion | $1,500 | $4,000 |
| Real property lease deposits, construction, remodeling, leasehold improvements and decorating costs – net of landlord contribution | $671,000 | $1,130,000 |
| Design Confirmation Fee | $3,000 | $3,000 |
| Equipment, fixtures and other fixed assets | $122,000 | $135,000 |
| Opening inventory and supplies | $30,000 | $41,000 |
| Interior/exterior signs and graphics | $12,000 | $20,000 |
| Professional fees - legal and accounting | $1,500 | $2,500 |
| Business insurance | $2,000 | $3,000 |
| Miscellaneous opening costs | $2,500 | $3,500 |
| Additional funds – 3 months | $9,000 | $25,000 |
Additional Fees (Item 6)
| Fee Type | Amount |
|---|---|
| Transfer Fee | $10,000 |
| Technology Fee | $2,400 to $4,800 annually (for POS System and Computer System maintenance) |
| Audit Fee | Cost of audit plus interest on underpayment |
| Initial Training Fee for Additional Attendees | $2,000 (or $250 per day for retaking/replacing GM) |
| Additional Training Fee | Between $100 and $400 per day (for each attendee) |
| Late Charge | 5% of the amount past due |
| Interest | Annual Percentage Rate (“APR”) of 12% on the amount past due |
| Costs of Collection | Cost of collection of delinquent amounts (variable) |
| Gift Cards | Variable based on purchases |
| Penalty for Selling Unauthorized Products | $500 per incident |
| Penalty for Not Reporting Cash Payments | $500 |
| Indemnification of Franchisor against Losses | All “Losses”, as defined in section 16.2(d) of the Franchise Agreement (variable) |
| Interim Manager Payments | Reasonable daily (per diem) charge which is currently $750 per day |
| Reimbursement for Curing Franchisee Defaults | Cost incurred to cure your defaults (variable) |
| Attorneys’ Fees | Reasonable legal fees and other “Expenses” (as defined in section 16.2(e) of the Franchise Agreement) (variable) |
| De-identification Enforcement Expense | Variable costs and expenses relating to de-identification |
| Recovery of Lost Royalties | The aggregate amount of Royalty paid by you, or what you were obligated to pay, whichever is greater, during the 18 months before this Agreement was terminated, or if the Opening Date is less than 18 months before the termination date, during the time since the Opening Date. |
Training Program (Item 11)
| Detail | Information |
|---|---|
| Total Duration | 8 weeks (320 hours) |
| Classroom Training | 100 hours |
| On-the-Job Training | 220 hours |
| Training Location | Torrance, California, and a designated CoCo Ichibanya restaurant in Southern California |
| Additional Training | After opening, the franchisor may require the General Manager, Principal Equity Owners, and other designated personnel to attend staff training courses, seminars, conferences, or other programs at selected locations, with fees ranging from $200 to $400 per day per attendee for required training, and $100 to $300 per day for optional training. Mandatory annual meetings may also be conducted. |
Territory Rights (Item 12)
| Detail | Information |
|---|---|
| Territory Type | Exclusive |
| Exclusive Territory | Yes |
| Territory Size | Usually defined as a geographical area surrounding the Outlet as depicted in a map attached to Exhibit 1 of the Franchise Agreement, or by a mutually agreed radius. |
| Description | Franchisees receive an exclusive territory, meaning the franchisor will not grant another CoCo Ichibanya franchise or operate an affiliate-owned outlet within that territory, provided the franchisee fulfills material obligations. The territory size is typically a defined geographical area or radius. However, competition may come from other franchisees or company-owned outlets outside the territory, or from other distribution channels. Exclusive rights do not depend on sales or market penetration levels. |
Renewal, Termination & Transfer (Item 17)
| Detail | Information |
|---|---|
| Initial Term | 10 years from the date your Outlet opens |
| Renewal Term | Additional 10-year terms |
| Renewal Conditions | Franchisees may renew for additional 10-year terms by providing written notice 180 days before the current term ends. Renewal is contingent on the franchisee being solvent, not having abandoned the outlet, not endangering public health/safety or harming the brand, and not submitting false reports. The franchisee must sign the then-current Franchise Agreement (modified for renewal), remodel the outlet if necessary, and pay no renewal fee. The new agreement may have materially different terms, but territory boundaries and recurring fees remain the same. |
| Transfer Fee | $10,000 |
| Transfer Conditions | Transfers require franchisor's prior written consent, which will not be unreasonably withheld. The proposed transferee must meet franchisor qualifications, pay a $10,000 transfer fee, complete training, and sign the then-current Franchise Agreement. The original franchisee must sign a release. The franchisor has a right of first refusal, with exceptions for transfers to immediate family members or to an entity 100% owned by the original franchisee. |
| Termination for Cause | The franchisor can terminate for material breach. Curable defaults (e.g., monetary defaults, lease defaults) typically have a 30-day (or 60-day in California) cure period. Non-curable defaults include bankruptcy/insolvency, abandonment of the business, selling unauthorized proprietary products, material misrepresentations, failure to comply with laws for 10 days after notice, repeated material non-compliance, seizure of the business, felony conviction, or if continued operation poses an imminent danger to public health or safety. |
| Non-Compete Period | 2 years |
| Non-Compete Details | During the term of the franchise agreement, the franchisee and Principal Equity Owners may not operate, manage, own, assist, or hold an interest in any competing business selling equivalent goods or services anywhere without prior written consent. For two years after termination or expiration, the franchisee and Principal Equity Owners cannot engage in any competing business within a 25-mile radius of the former Outlet or any other CoCo Ichibanya retail location. |
Operations & Supply (Items 8 & 15)
| Detail | Information |
|---|---|
| Owner-Operator Required | No |
| Participation Details | Principal Equity Owners are not required to personally participate in the direct on-premises management. However, a General Manager must always be on duty while the Outlet is open and must devote full time during normal business hours to the management, operation, and development of the Franchised Business. The General Manager cannot have an interest or business relationship with any business competitors of the franchisor. |
| Required Suppliers | Franchisees must purchase or lease the designated point-of-sale system, items bearing trademarks, approved fixtures, equipment, storefront, supplies, and signs from designated or approved suppliers. Specific food and beverage items may also be required from designated or approved manufacturers/producers. |
| Supply Restrictions | The franchisor may designate single or multiple suppliers and may concentrate purchases. Approval of specific products or suppliers can be revoked if standards are not met. Franchisees must cease purchasing disapproved products upon notice. |
| Franchisor Revenue from Suppliers | $1,940,175 in 2024, representing 100% of total revenues. |
COCO ICHIBANYA Franchise Earnings — Item 19
COCO ICHIBANYA does not make an Item 19 financial performance representation in their FDD. This means they do not disclose revenue, profit, or earnings data for franchised locations. Before investing, ask the franchisor directly for franchisee contact information so you can speak with existing owners about their actual financial performance.
COCO ICHIBANYA does not include an Item 19 financial performance representation in their FDD. Contact information for current and former franchisees is listed in Item 20 of the FDD.
COCO ICHIBANYA Litigation & Risk Flags
Clean Litigation RecordCOCO ICHIBANYA has no pending litigation actions listed in their FDD. There is also no bankruptcy history disclosed.
Litigation and bankruptcy data is sourced from Items 3 and 4 of the FDD. Always verify current status directly from the most recent FDD.
COCO ICHIBANYA System Growth
Total Units
7
Franchised
1
Company-Owned
6
COCO ICHIBANYA currently operates 1 franchised locations and 6 company-owned units. Unit count data is sourced from Item 20 of the FDD.
Unit History (Item 20)
| Year | Opened | Closed | Total |
|---|---|---|---|
| 2022 | 0 | 0 | 0 |
| 2023 | 1 | 0 | 1 |
| 2024 | 0 | 0 | 1 |
Transfers: 0 | Closures: 0
State Registrations
Registered in 14 states: CA, HI, IL, IN, MD, MI, MN, NY, ND, RI, SD, VA, WA, WI
Franchisor Financials (Item 21)
Revenue
$1.9M
Total Assets
$1.3M
COCO ICHIBANYA Franchise — FAQ
The total investment to open a COCO ICHIBANYA franchise ranges from $907,500 to $1,405,000, per their Franchise Disclosure Document. This includes the initial franchise fee of $40,000. The investment covers build-out, inventory, equipment, signage, working capital, and other startup costs.
COCO ICHIBANYA charges a royalty fee of 3% of Gross Revenues of gross sales, plus a 1% of Gross Revenues (not currently payable, but may be required upon 30 days' notice) contribution to the marketing/advertising fund. These fees are paid on an ongoing basis.
You can download the COCO ICHIBANYA Franchise Disclosure Document free on this page. The FDD is a public document filed with state franchise registries. Always also request the current FDD directly from COCO ICHIBANYA to ensure you have the most up-to-date version.
COCO ICHIBANYA does not provide an Item 19 financial performance representation in their FDD, which means they do not disclose franchisee revenue or earnings data. Prospective investors should contact existing franchisees directly (listed in Item 20 of the FDD) to gather real-world financial performance information.
COCO ICHIBANYA has been franchising since 2023. The FDD shows an investment range of $907,500-$1,405,000, a 3% of Gross Revenues royalty, and no Item 19 earnings disclosure. There is no pending litigation. Review the full FDD and contact current franchisees listed in Item 20 before making any investment decision.
The franchise fee is $40,000 and the total investment ranges from $907,500 to $1,405,000 depending on location size and market. A minimum of $9,000 in liquid capital is required. Contact the franchisor directly for current net worth and liquid capital requirements, territory availability, and application details.
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Data Source & Disclaimer: This website is for informational purposes only. It is not an offer to sell or buy a franchise. This profile is based on publicly available FDD data sourced from state franchise registry filings. All information is for research purposes only and does not constitute legal, financial, or investment advice. Data may be outdated or contain errors. Always obtain the current FDD directly from COCO ICHIBANYA and consult a qualified franchise attorney before making any investment decision. FranchiseOverview.com is operated by Franchising Compliance, LLC and is not affiliated with COCO ICHIBANYA or any of its subsidiaries. To report an inaccuracy: info@franchiseoverview.com