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Nan Xiang Express
Nan Xiang Express franchises operate fast-casual restaurants specializing in authentic Shanghainese cuisine, including soup dumplings, dim sum, noodles, and other dishes under the Nan Xiang Express® brand and proprietary system. The business model involves franchisees investing $448,000 to $875,500 to open locations using standardized formats, methods, and supplies from affiliates. They target customers seeking quick, high-quality Shanghainese dining experiences.
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Franchise Costs
5% royalty + 1% brand fund (first month $1,500 then 1% of gross sales) + 2% local advertising + $200/mo technology fee
Financial Performance
Item 19 Financial Performance
This franchise did not provide Item 19 financial performance data.
Be careful if you are interested in investing. The lack of financial performance representations may indicate limited data or varying results across franchises.
Extracted Item 19 Section
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Unlock financial performance dataNan Xiang Express Franchise Analysis
A fledgling player in fast-casual dining since franchising began in 2022, Nan Xiang Express promises authentic Shanghainese soup dumplings and dim sum in a quick-serve format. With a tiny footprint of just 10 locations split evenly between corporate and franchise units, recent system data hints at turbulence beneath the surface. Does this young brand's contraction signal caution, or is aggressive expansion on the horizon via projected new units?
Item 7 in the 2026 FDD pegs initial investment at $488,000-$925,500, including a $60,000 franchise fee, covering build-out for standardized 1,500-2,500 sq ft sites. Ongoing fees bite at 5% royalty on gross sales, 1% brand fund (starting at $1,500 first month), plus 2% local advertising and $200/month tech fee—stacking up to potentially 9%+ of sales in total obligations. System health raises flags: from 6 locations in 2024 to 5 in 2025 (-17% growth), with only 5 franchisees amid 5 corporate stores, suggesting heavy parent reliance rather than scalable franchise momentum.
No Item 19 disclosure means zero official earnings data, a glaring omission for investors eyeing profitability in a competitive ethnic fast-casual niche. Projected 4 new units offer hope, but contraction and opacity on franchisee performance scream high risk for a $500K+ outlay. For risk-tolerant operators in urban markets craving dim sum, it might click—but the numbers underscore why most skip unproven micro-systems.
Analysis based on the 2026 Franchise Disclosure Document. All figures should be independently verified before making investment decisions.
How Nan Xiang Express Compares
| Franchise | Investment | Fee | Royalty | Locations |
|---|---|---|---|---|
Nan Xiang Express Current | $488K – $926K | $60K | 5.0% | 5 |
| Tropical Smoothie Cafe | $276K – $771K | $35K | 6.0% | 1,650 |
| TROPICAL SMOOTHIE CAFÉ | $300K – $721K | $35K | 6.0% | 1,371 |
| FIREHOUSE SUBS RESTAURANTS (UNIT) | $405K – $1.6M | $20K | 6.0% | 1,249 |
| Zaxby's | $1.4M – $3.8M | $35K | 6.0% | 826 |
| Qdoba | $548K – $1.3M | $40K | 5.0% | 652 |
Fast Casual Average 107 franchises | $529K – $1.2M | $39K | 5.6% | – |
* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 107 Fast Casual franchises by location count.
Locations & Growth
Outlet Growth Over Time
Total outlets at end of each year
Geographic Distribution (2025)
Outlets by state across the United States
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Unlock location growth dataFranchisee Contacts
7 franchisee contacts on file from official FDD filings.
7 Contacts Available
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Unlock contactsDue Diligence
Litigation (Item 3)
Bankruptcy (Item 4)
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
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Unlock due diligence reportsFrequently Asked Questions
The total initial investment to open a Nan Xiang Express franchise ranges from $488,000 to $925,500. This includes a franchise fee of $60,000. Ongoing royalty fees are 5.0% of gross sales.