Franchise opportunities compared

    Nan Xiang Xiao Long Bao vs Perkins

    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.

    Before you compare

    • Nan Xiang Xiao Long Bao figures come from its 2026 FDD and Perkins figures from its 2025 FDD, so the years differ.
    • Nan Xiang Xiao Long Bao and Perkins disclose more than one business format, so the investment range spans formats; the full report breaks them out.
    • Only Perkins has reviewed Item 19 figures here.
    DisclosureNXNan Xiang Xiao Long BaoPerkins
    Financial commitment
    Estimated initial investment (Item 7)
    $1,180,000 – $1,894,000
    2026 FDD · Item 7
    $579,390 – $3,581,375
    2025 FDD · Item 7
    Standard initial franchise fee (Item 5)
    $60,000
    2026 FDD · Item 5 · PDF p. 10
    $40,000
    2025 FDD · Item 5 · PDF p. 16
    Royalty (Item 6)
    $5.00
    Royalty rate maximum
    2026 FDD · Item 6 · PDF p. 11
    $4.00
    Royalty rate
    2025 FDD · Item 6 · PDF p. 19
    Brand / advertising fund (Item 6)
    $2,000
    Brand Fund Contribution — first month after opening
    2026 FDD · Item 6 · PDF p. 11
    $1.00
    Advertising fund contribution low
    2025 FDD · Item 6 · PDF p. 25
    System scale & health
    Total outlets (Item 20)
    10
    Outlets at end of 2025
    2026 FDD · Item 20 · PDF p. 43
    Not available
    No reviewed outlet counts
    Net outlet change (Item 20)
    +7
    Calculated: 3 at end of 2023 → 10 at end of 2025
    Not available
    Only one year reported
    Outlet exits (Item 20)
    Not available
    No complete exit records for a year
    Not available
    No complete exit records for a year
    Franchising since (Item 1)
    Not available
    Not in reviewed records
    Not available
    Not in reviewed records
    Franchisor founded (Item 1)
    Not available
    Not in reviewed records
    Not available
    Not in reviewed records
    Performance (Item 19)
    Financial performance (Item 19), by location group
    Not disclosed — no Item 19 financial performance representation
    Locations counted not stated in the reviewed record — Table 1 Perkins Total System — 2024
    $247
    other Table 1 Perkins Total System · 2025 FDD · Item 19 · PDF p. 78
    Locations counted not stated in the reviewed record — Table 2 Perkins Franchised Restaurants — 2024
    $4,240,320
    other Table 2 Perkins Franchised Restaurants · 2025 FDD · Item 19 · PDF p. 78
    Locations counted not stated in the reviewed record — Table 5 Perkins Franchised Restaurants — 2023
    $187
    other Table 5 Perkins Franchised Restaurants · 2025 FDD · Item 19 · PDF p. 79
    +6 more groups in the full report

    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.