Mai

Mai

Information based on 2024 FDD

Food & Beverage · Asian

Investment min
$42K
Total: $42K–$134K
Avg gross revenue
N/A
Unit-level, 2024
Franchise fee
$4K–$5K
Per current disclosure
Royalty
40%
of gross revenue
Locations
76
Franchising since 2015

Description

What is Mai?

Mai is a thriving Asian-fusion restaurant franchise that has been delighting customers with authentic flavors and exceptional dining experiences since 2010. Specializing in handcrafted noodle dishes, artisanal sushi, and traditional Asian comfort food, Mai has established itself as a beloved destination for both casual diners and food enthusiasts.

At the heart of Mai's success is their commitment to quality and authenticity. Their signature dishes include house-made wontons, flavorful beef stew noodle soup, and an extensive selection of expertly crafted sushi rolls. The menu caters to diverse preferences, offering vegetarian options, bubble tea specialties, and fusion creations that blend traditional Asian flavors with modern culinary techniques.

Each Mai restaurant creates a welcoming atmosphere with its contemporary décor, soft ambient music, and attentive service. The franchise has earned a reputation for generous portions, consistent quality, and creating memorable dining experiences that keep customers coming back. Many locations have become local favorites, drawing patrons from miles away for their authentic Asian cuisine.

What sets Mai apart is their dedication to maintaining high standards across all locations while allowing each restaurant to maintain a intimate, neighborhood feel. Their business model emphasizes quality ingredients, proper training in traditional cooking techniques, and exceptional customer service. For entrepreneurs passionate about the restaurant industry, Mai offers the opportunity to bring premium Asian cuisine to their communities while operating under a proven system that has demonstrated success across multiple markets.
  • Ultra-low investment barrier to entry
  • 14 years proven operational stability
  • Growing Asian cuisine market demand
  • Accessible first-time franchise opportunity
  • Moderate system growth trajectory
  • Entry-level food service investment

Location Analysis

Where Mai wins

Mai, established in 2010, has developed a significant national presence across multiple states, demonstrating successful expansion beyond its Mid-Atlantic core market. The franchise maintains its strongest presence in the Mid-Atlantic region, particularly in Maryland and Virginia, while establishing strategic positions in major markets nationwide, including notable presence in New England, the Southwest, and the West Coast.

The franchise's impressive average customer rating from thousands of reviews indicates strong operational consistency and customer satisfaction across its diverse geographic footprint. The distribution pattern shows successful adaptation to various market conditions, from dense urban centers to suburban locations, with particular success in areas with strong Asian demographic presence and higher median household incomes.

Mai's expansion strategy appears methodical, building strong regional presence while simultaneously establishing footholds in promising markets across different regions. The brand has successfully penetrated both coastal markets and interior states, with widespread coverage from New England to the Pacific, demonstrating remarkable versatility in different market conditions.

Prospective franchisees should consider opportunities in both established markets and emerging territories, particularly in states with growing Asian populations and strong dining-out cultures. The franchise's proven success across diverse geographic and demographic profiles suggests adaptability to various market conditions, making it a viable option for multiple location types from urban centers to suburban communities.
Total US locations
85
Franchise units
76
Corporate locations
9
Avg. sq. footage
N/A

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Financial Analysis

The numbers behind Mai

Avg gross revenueN/A
Investment range$42,170 – $133,500
Investment midpoint$87,835
Brand fund1%
Royalty40%
Franchise fee$3,500–$4,500
Min. net worth
Min. liquid capital
Mai presents an exceptionally low-barrier entry point with investment requirements of $42,170-$133,500, positioning it dramatically below the Asian food sub-sector average of $380,048-$797,206. This entry-level investment structure makes it accessible to first-time franchisees and those with limited capital, though investors should carefully evaluate what operational components are included at this price point.

The Asian food segment benefits from strong consumer demand trends toward diverse culinary experiences and authentic ethnic cuisine. However, this sector faces intense competition from both franchise and independent operators, requiring strong operational execution and local market differentiation.

With 85 units since 2010, Mai demonstrates moderate system maturity and steady expansion over 14 years. This measured growth trajectory suggests disciplined development, though the relatively small footprint may limit brand recognition compared to larger Asian food franchises. The system's longevity indicates operational viability and franchisor stability.

The significantly lower investment threshold raises considerations about territory protection, operational support infrastructure, and equipment specifications. Prospective investors should thoroughly examine the Franchise Disclosure Document to understand exactly what the investment covers and ongoing operational requirements.

Ideal candidates include first-time franchisees with food service experience, operators seeking affordable market entry, and investors targeting diverse demographic markets with Asian cuisine demand. The low capital requirement suits investors preferring conservative initial investment with potential for multi-unit development as cash flow develops. Due diligence should focus on operational support, territory rights, and local market competition analysis.

Financing partners

Vetted partners, tailored to franchisees

Your Franzy advisor can connect you with these partners later in the process — competitive rates, specialized in franchise financing.

FranFund

Lender

CRF USA

Nonprofit SBA lender; provides financing for franchise acquisitions, startups, and expansion.

Lender

First Bank of the Lake

Lender

Pension Pros

Lender

FDD Item 7

Initial investment range

$42K–$134K
Most common
$42,170
Minimum
$87,835
Midpoint
$133,500
Maximum

Per FDD Item 7, total initial investment ranges from $42,170 to $133,500. The midpoint $87,835 is what most franchisees report at signing — financing typically reduces cash-at-close by 80–90%. Knowing the investment range helps you plan confidently and ensure you're fully prepared to make the leap.

Growth over time

Franchise footprint

+9% YoY
100806040200
2017
2018
2019
2020
2021
2022
2023
2024
85 units open as of 2024 FDD+7 in last 12 mo

2024 Franchise Disclosure

FDD documents

Below are items 2, 3, 4, 7, 11 and 19 for Mai's 2024 FDD. The complete FDD is delivered to you directly by the franchisor, per the FTC Franchise Rule.

Estimated initial investment
FDD Item 7 · PDF
Financial performance representations
FDD Item 19 · PDF
Members-only items
Executive team
FDD Item 2 · PDF
Litigation
FDD Item 3 · PDF
Bankruptcy
FDD Item 4 · PDF
Franchisor assistance
FDD Item 11 · PDF
Members only
Unlock the 2024 FDD

Connect to download Items 2, 3, 4, and 11 — direct from the franchisor.

Buyer FAQs

Frequently asked questions

The initial investment for a Mai franchise typically ranges between $42,170.00 and $133,500.00. This includes the franchise fee, equipment, real estate, and other startup costs. To get a detailed breakdown and better understand the financial requirements, we recommend scheduling a call with the Franzy team. We'll walk you through the specifics and answer any questions you might have. For more detailed information, refer to the financial sections of the FDD.

Disclaimer. The information provided on this page is based on the latest Franchise Disclosure Document (FDD) that is publicly available and that we have on record, which was issued in 2024. This information is for informational purposes only and is not intended to constitute legal, financial, or business advice. We make no guarantees or claims regarding the completeness or accuracy. For the most current and detailed information, we recommend consulting the franchisor directly for the most recent FDD and regarding any questions that you may have about the information provided.

Mai
Mai
N/A avg revenue · 76+ US franchises

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