Franchise opportunities compared
Milkshake Factory vs Warabimochi Kamakura
Reviewed figures from each brand's Franchise Disclosure Document (FDD), side by side. Each figure carries its FDD year and page. This is not a ranking or recommendation, and the two FDDs may cover different years and location groups.
Initial investment · Item 7
Milkshake Factory
$510,492 – $772,548
2025 FDD · Item 7 · PDF p. 18Warabimochi Kamakura
$88,883 – $226,667
2025 FDD · Item 7 · PDF p. 9Initial franchise fee · Item 5
Milkshake Factory
$60,000
2025 FDD · Item 5 · PDF p. 8Warabimochi Kamakura
Not available
Royalty · Item 6
Milkshake Factory
6% · percentage of Adjusted Gross Sales; second year minimum $1,200 per month; third and subsequent years minimum $1,500 per month
2025 FDD · Item 6 · PDF p. 10Warabimochi Kamakura
40%
2025 FDD · Item 6 · PDF p. 8Before you compare
- Both sets of figures come from 2025 FDDs.
- Only Milkshake Factory has reviewed Item 19 figures here.
Financial commitment
Milkshake Factory
Warabimochi KamakuraMilkshake Factory
Warabimochi Kamakura
Milkshake Factory
Warabimochi Kamakura
Milkshake Factory
Warabimochi Kamakura
Milkshake Factory
Warabimochi Kamakura
System scale & health
Milkshake Factory
Warabimochi KamakuraMilkshake Factory
Warabimochi Kamakura
Milkshake Factory
Warabimochi Kamakura
Milkshake Factory
Warabimochi Kamakura
Milkshake Factory
Warabimochi Kamakura
Milkshake Factory
Warabimochi Kamakura
Financial performance (Item 19), by location group
Milkshake Factory
Warabimochi KamakuraNot disclosed — no Item 19 financial performance representation
Item 19 groups are shown separately and never combined. Revenue or sales figures are not profit. Net outlet change and turnover are Franopolis calculations from the disclosed counts; turnover is a count-based rate, not a measure of owner earnings.
Milkshake Factory vs Warabimochi Kamakura: common questions
- Which costs less to open, Milkshake Factory or Warabimochi Kamakura?
- Milkshake Factory: $510,492 – $772,548 (2025 FDD · Item 7 · PDF p. 18); Warabimochi Kamakura: $88,883 – $226,667 (2025 FDD · Item 7 · PDF p. 9). These are each franchisor's Item 7 estimated initial investment. The low end of the disclosed estimate is lower for Warabimochi Kamakura. Estimates are not quotes, and the FDD years may differ.
- How do Milkshake Factory and Warabimochi Kamakura royalties compare?
- Milkshake Factory: 6% · percentage of Adjusted Gross Sales; second year minimum $1,200 per month; third and subsequent years minimum $1,500 per month (2025 FDD · Item 6 · PDF p. 10); Warabimochi Kamakura: 40% (2025 FDD · Item 6 · PDF p. 8). Royalties as disclosed in Item 6; other recurring fees are listed separately.
- Do Milkshake Factory and Warabimochi Kamakura disclose financial performance (Item 19)?
- Milkshake Factory has reviewed Item 19 figures for 5 location groups; Warabimochi Kamakura makes no Item 19 financial performance representation. Different location groups are not directly comparable, and revenue is not profit.
Answers restate the reviewed figures above. Not a ranking or recommendation.
Keep researching

Full Milkshake Factory report
Every reviewed fee, Item 19 group, outlet table and territory disclosure

Full Warabimochi Kamakura report
Every reviewed fee, Item 19 group, outlet table and territory disclosure


