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Nan Xiang Express franchise — is it worth it?

Food & beverage · FDD-based assessment · registered 2026

High risk Significant turnover

Nan Xiang Express is a food and beverage franchise with a relatively small network of 5 outlets.

Everything below is free, read straight off Nan Xiang Express's registered filing. Weighing Nan Xiang Express against other options? Get a free shortlist of franchises that fit your budget.

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Total initial investment
—
FDD Item 7
Initial franchise fee
$60,000
FDD Item 5
Royalty
5%
FDD Item 6
Item 19 earnings
Not disclosed
no franchisor earnings
Litigation (Item 3)
None
none disclosed
Closure rate
33.3%
food & beverage median 3.3%
Outlet network
5 units
-1 last year

Figures above are as disclosed in Nan Xiang Express's most recent FDD (registered 2026). Source: Wisconsin Dept. of Financial Institutions — Franchise Registration · filing 640321 — check it yourself. See every other Wisconsin-registered franchise.

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Nan Xiang Express franchise profit — what the FDD discloses

Plainly: Nan Xiang Express does not disclose franchise profit or revenue. Its most recent FDD makes no Item 19 financial performance representation, so there is no franchisor-backed earnings figure for Nan Xiang Express — any number quoted elsewhere is an estimate, not a disclosure. The absence is itself worth weighing (42% of food & beverage franchisors in our corpus do disclose); the fees, litigation and outlet churn Nan Xiang Express's FDD does contain are on this page. For brands that put earnings on paper, see Food & beverage franchises with disclosed Item 19 earnings.

Nan Xiang Express lawsuits & legal history (FDD Item 3)

Nan Xiang Express's most recently filed Franchise Disclosure Document (2026) discloses no litigation in Item 3. That is a real signal rather than a gap: the FTC Franchise Rule requires a franchisor to disclose material litigation involving itself, its predecessors, parents, affiliates and management, so an empty Item 3 in a current filing means there was nothing it was required to report. It is worth reading alongside the churn numbers — a system can have a clean Item 3 and still be losing franchisees, which is what Item 20 shows.

Nan Xiang Express closures & failure rate

Before you sign, Nan Xiang Express will hand you a list of current owners to call as references — and they choose who's on that list. It won't include the owners who quit, got bought out, or were forced out last year. The FDD does report that number, even though the reference list leaves those people off. Below is what Nan Xiang Express's most recent filing shows, and whether it's normal for a food & beverage of this kind.

The closest thing an FDD has to a failure rate is Item 20 — outlet openings, closures, terminations and non-renewals, reported by the franchisor. Nan Xiang Express's latest tables show significant franchisee turnover. Its franchised-outlet closure rate — closures, terminations and non-renewals against outlets — is 33.3%, against a food & beverage median of 3.3% — worse than the category. Net franchised outlets moved -1 to 5 in the latest reported year.

Who owns Nan Xiang Express?

Nan Xiang Express's franchise is offered by Nan Xiang Express Franchisor LLC — the franchisor named on the cover of its most recently filed Franchise Disclosure Document (2026), and the entity a franchisee actually signs with. That name comes straight off the filing at WI DFI; it identifies the franchisor, not necessarily the ultimate parent company behind it.

Other food & beverage franchises

Anyone weighing Nan Xiang Express is really weighing it against the other brands their money could go into. These are the closest by total initial investment (FDD Item 7), each with its own FDD-based page.

Mystic Lobster$101,500 – $140,025 · Item 19 disclosedNathan's Branded Menu Program$56,510 – $202,180Aboutea Co. (Unit)$157,000 – $314,0007 Leaves Cafe$244,000 – $490,000Aboutea Co. (Master)$345,000 – $399,00016 Handles$242,500 – $553,000 · Item 19 disclosedAbbott's Frozen Custard$439,600 – $1,778,000 · Item 19 disclosedNan Xiang Xiao Long Bao$1,180,000 – $1,894,0007 Brew$940,500 – $2,283,500 · Item 19 disclosed810 Entertainment$2,941,500 – $4,967,000 · Item 19 disclosed7-Eleveninvestment not disclosed · Item 19 disclosedMyungrang Korean Hot Dog Shopinvestment not disclosed

Nan Xiang Express franchise — frequently asked

Who owns Nan Xiang Express — who is the franchisor?

Nan Xiang Express's most recently filed FDD (2026) names Nan Xiang Express Franchisor LLC as the franchisor — the entity you would actually sign the franchise agreement with, as stated on the disclosure document itself. A registry filing names the franchisor, not necessarily its ultimate parent company.

How much does a Nan Xiang Express franchise cost?

Nan Xiang Express's most recently filed FDD (Item 7) puts the total estimated initial investment at a range disclosed in Item 7, with an initial franchise fee of $60,000 and a 5% royalty. That price is the franchisor's own estimate of what it takes to open, not a quote.

How much profit does a Nan Xiang Express franchise make?

Nan Xiang Express makes no Item 19 financial performance representation, so there is no franchisor-disclosed revenue or profit figure for Nan Xiang Express at all — and profit would never be disclosed even where earnings are, because it depends on your rent, labor and how you operate. Any profit figure quoted elsewhere is an estimate, not a disclosure.

Does Nan Xiang Express disclose financial performance (Item 19)?

No — Nan Xiang Express's most recent FDD makes no Item 19 financial performance representation. Its absence is worth weighing: 42% of food & beverage franchisors in our corpus do disclose.

Are there lawsuits against Nan Xiang Express?

No — Nan Xiang Express's most recently filed FDD (2026) discloses no litigation in Item 3. Franchisors must disclose material litigation involving themselves, their predecessors, parents, affiliates and management, so an empty Item 3 is a genuine signal rather than an omission.

Is Nan Xiang Express a good franchise to buy?

Nobody can answer that from Nan Xiang Express's numbers alone — it comes down to how its investment, earnings, litigation and franchisee churn stack up against food & beverage peers and against your own budget. Our read on this filing is high risk. Every figure behind that read is on this page for free. If you're comparing options, the free shortlist on this page matches you with 5–10 franchises that fit your budget and industry.

Just watching Nan Xiang Express?

Get a free email when something changes on Nan Xiang Express or food & beverage: a new FDD registration, a new lawsuit, an outlet count that shifts, or Item 19 earnings going from undisclosed to disclosed. Pulled straight from the same state registries this page is built on.

This report compiles and structures publicly filed Franchise Disclosure Document (FDD) data from state franchise registrations. It is not legal, financial, or investment advice, is not affiliated with or endorsed by any franchisor, and does not replace reading the full FDD or consulting a franchise attorney or accountant. All figures are as disclosed by the franchisor in its most recent registered FDD. Item 19 financial performance representations are made at the franchisor’s option and may be absent or limited.