Ygf
Franchise research report · reviewed 2025 disclosure data
Researching Ygf franchise opportunities? Every figure below is cited to the FDD.
YGF franchises operate restaurants serving malatang, a Chinese fast-casual cuisine, and related products. Franchisees run branded restaurant locations under the YGF or Yangguofu name.
Headline figures
Ygf quick facts
- Is Ygf a franchise?
- Yes. Ygf offers franchises through a Franchise Disclosure Document. At the end of 2024, it reported 7 franchised and 0 company-owned outlets (2025 FDD, Item 20, PDF p. 45).
- How much does it cost to open a Ygf franchise?
- The Ygf Franchise Disclosure Document reports an estimated initial investment of $346,600–$774,000 (2025 FDD, Item 7, PDF p. 17). This is the franchisor's disclosed estimate, not a quote. Details
- How many Ygf locations are there?
- The FDD reports 7 outlets at the end of 2024 (2025 FDD, Item 20, PDF p. 45). Existing locations do not indicate territory availability. Details
- Is Ygf a good franchise to buy?
- Franopolis does not rate or recommend franchises. From the reviewed FDD: no reviewed Item 19 figures are on file here, so check the FDD's Item 19 directly; Item 20 lists outlet openings, closures and transfers; Item 6 includes a brand or advertising fund contribution on top of royalty; Item 20 also lists current and former franchisees you can contact. Review the full FDD with a franchise attorney and accountant before deciding.
From reviewed FDD figures only. Not a recommendation or projection.
What the disclosures show
- 1Opening costs are estimated at $346,600 – $774,000 in the 2025 FDD (Item 7); several initial fee options apply.
- 2Item 19 has not been reviewed yet.
From reviewed FDD figures only. Not a recommendation or projection.
Ygf head-to-head
Closest peers in the same subcategory, side by side from reviewed FDD figures. Not a ranking or recommendation.
Costs · Items 5–7
What does it cost to open?
Estimated opening costs and the fees payable to the franchisor.
Startup Investment — Item 7
Total estimated initial investment
2025 FDD · Item 7 · PDF p. 17
Ongoing Fees — Item 6
Selected recurring charges; payment bases and conditions remain attached to each fee.
20 reported fees, each with its payment basis, are listed below; they haven't been sorted into recurring, initial and occasional groups yet.
Financial Performance — Item 19
What results are disclosed—and for which locations?
No financial performance representation in Item 19
The reviewed 2025 FDD for Ygf has no Item 19 figures on record. Franopolis does not estimate revenue or earnings in their place; ask the franchisor and current owners what unit-level information they can share.
Outlet Changes — Item 20
How has the outlet count changed?
Systemwide, as labeled in the FDD · counts as of start and end of 2024 of each year.
2025 FDD · Item 20 · PDF p. 45
Net +7 outlets, 2022–2024
Year-end counts reported in Item 20. The scale starts at zero; the labels between the dots show each year's change. Openings and closures for 2024 haven't been pulled from the Item 20 tables yet, so no turnover or churn is shown.
Questions to investigate
Prompts based on what this brand's reviewed disclosures do and don't show — not conclusions. Join free as a member to save questions to your research.
For the franchisor
Which line items in the 2025 Item 7 estimate ($346,600 – $774,000) vary most by market, and why?
Which initial fee option would apply to my situation, and what conditions or discounts affect it?
Does the current FDD include an Item 19 financial performance representation?
Is a territory available in my area, and how is it defined in my agreement?
For current and former owners
How did your actual startup costs and timeline compare with the Item 7 estimate?
How many hours a week do you work in the business, and in what role?
What support from the franchisor has been most and least useful?
For your advisors
Ask a franchise attorney to review the territory, renewal, transfer and termination terms.
Ask an accountant to build a cash-flow plan using your own assumptions, not the franchisor's.
Sources & vintage history
Every displayed fact is retained with its disclosure vintage, item, page, and reviewed status. Prior vintages remain on file rather than being overwritten.
Citations (2025 FDD)
- [1]Estimated initial investment — Item 7 · PDF p. 17
- [2]Outlet counts — Item 20, Table 1 · PDF p. 45
"PDF p." is the page in the PDF file; "printed p." is the number printed on the FDD page.
Territory & operations
These are contract disclosures, not confirmation that any territory is currently available.
Legal & agreement
Franchisor financial statements
| Fiscal year | Measure | Reported value |
|---|---|---|
| 2024 | captain business management co., limitedMore than one value recorded for this year — open the FDD source before comparing | $1,596,473 |
| 2024 | captain business management co., limitedMore than one value recorded for this year — open the FDD source before comparing | $1,277,655 |
| 2024 | captain business management co., limitedMore than one value recorded for this year — open the FDD source before comparing | $12,893 |
| 2024 | captain business management co., limitedMore than one value recorded for this year — open the FDD source before comparing | $231,182 |
| 2024 | captain business management co., limitedMore than one value recorded for this year — open the FDD source before comparing | $596,096 |
| 2024 | captain business management co., limitedMore than one value recorded for this year — open the FDD source before comparing | $146,096 |
| 2024 | captain business management co., limitedMore than one value recorded for this year — open the FDD source before comparing | $596,096 |
These figures describe the franchisor company, not individual franchise locations.
SBA-backed loans to franchisees
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Source: U.S. Small Business Administration 7(a) & 504 FOIA data. Loan volume is not a measure of franchisee success.
Related research
Brands in the same subcategory first, then the wider industry, ordered by shared business format, overlapping investment range, Item 20 outlet count and search interest. This is not a ranking or recommendation.
Head-to-head comparisons
At a glance
Business history
Not reviewed
Owner participation
Not reviewed
Territory language
Litigation disclosure
Not reviewed
Bankruptcy disclosure
Not reviewed
Agreement term
Not reviewed
Reader notes on wording
Our automated check found that these summaries may not match the FDD's exact wording. Read the FDD excerpt itself; it is the authoritative text. Core cost, fee, Item 19 and outlet figures are not affected.
Item 12 · PDF p. 33 · 2025 FDD
Our summary: Franchisee can sell menu items to customers who live anywhere if they choose to dine at or from the Restaurant; online, catalog, and other remote sales are restricted.
“You may sell our menu items to customers who live anywhere but who choose to dine at or from your Restaurant. You may not engage in any promotional activities or sell products or services, whether directly or indirectly, through or on the internet, the world wide web, or any other similar proprietary or common carrier electronic delivery system; through catalogs or other mail order devices sent or directed to customers or prospective customers located anywhere”
Note: Supplied quote could not be confirmed on the cited PDF page excerpt.
Item 20 · PDF p. 45 · 2025 FDD
Our summary: Company-Owned 2023: 0 → 0
“Company Owed 2023 0 0 0”
Note: The cited page does not establish the Table 1 systemwide start/end row.
Item 20 · PDF p. 45 · 2025 FDD
Our summary: Franchised 2023: 0 → 0
“Franchised 2023 0 0 0”
Note: The cited page does not establish the Table 1 systemwide start/end row.
Item 20 · PDF p. 45 · 2025 FDD
Our summary: Franchised 2024: 0 → 7
“Franchised 2024 0 7 +7”
Note: The cited page does not establish the Table 1 systemwide start/end row.
Item 20 · PDF p. 45 · 2025 FDD
Our summary: Company-Owned 2024: 0 → 0
“Company Owed 2024 0 0 0”
Note: The cited page does not establish the Table 1 systemwide start/end row.
Independent analysis of franchisor-provided data. Not investment advice. Franopolis does not distribute FDDs.