FRANCHISE·WATCH·DESK

FILING · MN · 2026 FDD

Nan Xiang Xiao Long Bao FDD (Franchise Disclosure Document) — 2026

The FDD is the 23-item legal disclosure every U.S. franchisor must hand you at least 14 days before you sign or pay anything (FTC Franchise Rule, 16 CFR 436). Nan Xiang Xiao Long Bao's most recent FDD tracked here is the 2026 FDD, a multistate filing. Registration-state filings are public records, so you can read it free, with no sign-up.

Get the documentpublic record · PDF
Download the FDD copy we used (free) ↗

PUBLIC RECORD · FILED 2026 · SOURCE STATE MN

What the 2026 filing revealedextracted from the filing
ITEM 5Initial franchise fee$60,000
ITEM 6Ongoing royalty5.0% of gross sales
ITEM 7Total initial investment$1.2M–$1.9M
ITEM 3Disclosed litigation matters0
ITEM 19Earnings disclosure (FPR)None — no earnings claim published
ITEM 20Outlets (fiscal 2025)0 franchised at year end
ITEM 21Franchisor financial statementsUnmodified (clean) opinion — Muhammad Zubairy, CPA PC
Item 21 · Nan Xiang Xiao Long Bao's own audited statements2026 FDD · page-cited

Muhammad Zubairy, CPA PC gave an unmodified (clean) opinion on the statements in the 2026 FDD.

Audit opinion

Unmodified (clean) opinion

Muhammad Zubairy, CPA PC

Revenue

not extracted

2026 FDD

Net income

not extracted

2026 FDD

Revenue mix

Royalty share not extracted

initial-fee share not extracted

  • Fiscal years covered: not extracted (2026 FDD)
  • Statements are for: not extracted
  • Parent / owner: not identified in the statements

No statement figures extracted from the 2026 FDD.

How to read this: royalties recur as long as franchisees trade; initial and development fees arrive only when new franchises are sold. A franchisor whose revenue leans on initial fees is funding itself by selling territories, and that revenue stops when sales slow. Under ASC 606 most franchisors recognize initial fees over the agreement term, so the line understates the cash collected in a strong selling year. Ad-fund revenue, where reported, is included in total revenue as the statements present it.

Each figure links to its page in the filed PDF. “Matched to statement” means our extraction and a second, rule-based read of the statement page agree; “extracted · not cross-checked” means the statement page is a scanned image or could not be read as text. Figures we could not place on a consistent scale are withheld, not guessed. Spotted an error? Report a correction.

Every figure above was extracted by software from the 2026 Nan Xiang Xiao Long Bao FDD as filed (figures are not individually checked by a person) and links back to that document. Fields that could not be extracted are omitted; no figure here is estimated. Extraction errors are possible: the filing controls, and FDDs are reissued annually; verify against the current issuance before relying on any number. Spotted an error? Franchisors and owners can report it via the contact on our Terms page.

Nan Xiang Xiao Long Bao FDD questions, answered

Where can I download the Nan Xiang Xiao Long Bao FDD for free?

Nan Xiang Xiao Long Bao's 2026 Franchise Disclosure Document is a public record. It can be downloaded free from the source link on this page — no broker form, no email signup required.

What year is Nan Xiang Xiao Long Bao's most recent FDD on file?

The most recent Nan Xiang Xiao Long Bao FDD tracked here is the 2026 FDD. Franchisors must update their FDD annually; confirm you are reading the current issuance before signing.

Does Nan Xiang Xiao Long Bao's FDD disclose earnings (Item 19)?

No — Nan Xiang Xiao Long Bao's 2026 FDD makes no financial performance representation in Item 19. That is legal and common, but it means the franchisor publishes no earnings claim.

What does Nan Xiang Xiao Long Bao's FDD Item 20 show?

In fiscal 2025, Nan Xiang Xiao Long Bao ended with 0 franchised outlets and opened 0.

The Nan Xiang Xiao Long Bao validation checklist

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