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№ 01Buying & Selling a Business · Franchise Resale · Ontario

Buying a Kinton Ramen franchise

Kinton Ramen is one of the newer, faster-growing names among Ontario's CFA-member restaurant franchisors, and much of its growth has come from converting existing restaurant premises rather than ground-up builds — which changes what a buyer actually inherits, and means the resale market itself is still early rather than established.

№ 01.1The Resale, End to End

From offer to ownership

Kinton Ramen resales follow the franchisor's own approval process on top of the usual purchase mechanics — here's how the two run together.

Getting approved

01

Conditional offer

Price and terms get set, with the offer conditioned on franchisor consent, a workable lease assignment, and diligence on the specific premises — including whether it's a purpose-built unit or a converted former restaurant space.

1–3 weeks
02

Franchisor application & ROFR

The application goes to Kinton Ramen's franchisor for review of the proposed buyer and terms, opening a right-of-first-refusal window where the franchisor could step in on the same terms instead.

several weeks, typically
03

Disclosure review

Whether an Arthur Wishart disclosure document applies to this specific resale is assessed early — the resale exemption is read narrowly by Ontario courts.

assessed alongside the offer

Getting to closing

04

Lease assignment & premises diligence

The landlord's written consent to assign is pursued alongside a closer look at the kitchen infrastructure, since many Kinton locations occupy a converted former-restaurant space where prior venting, plumbing, and equipment history matters more than for a purpose-built unit.

2–6 weeks
05

Training & transfer approval

The incoming owner is trained on Kinton's ramen preparation standards and region-specific menu variations before the franchisor finalizes approval.

before or shortly after closing
06

Closing

Funds, keys, and signed documents change hands, and an inventory count is taken and settled at closing.

1 day, once conditions are met
Timelines vary by franchisor approval speedWe track every deadline so nothing lapses.
№ 01.2About the System

About the Kinton Ramen system

Official kintonramen.com Franchising section actively recruiting; also featured as a newest CFA member on lookforafranchise.ca

Toronto-founded ramen chain with region-specific menus for its Ontario locations

№ 01.3Deal Structure

Asset sale or share sale?

This is the first real decision in a Kinton Ramen resale — and it changes what you're buying, what you're taking on, and how the franchise agreement moves.

QuestionAsset purchaseShare purchase
What you buyThe location's assets — kitchen equipment, leasehold improvements, inventory, and the franchise agreement's benefit, subject to consent.The shares of the operating company, including everything it owns and owes.
Franchisor consent & ROFRRequired for this specific location; typically the pacing condition on the deal.Required for the change of control itself; the franchisor reviews who's taking over.
Arthur Wishart disclosureMay still be required despite a resale framing — the exemption is read narrowly.The same disclosure analysis applies regardless of how the shares change hands.
Premises history (converted vs. purpose-built)A converted-space location typically needs diligence on inherited kitchen infrastructure — venting, plumbing, and prior equipment — that a purpose-built unit doesn't carry.The same premises history still matters, since the underlying infrastructure doesn't change just because shares are sold instead.
The leaseNeeds the landlord's consent to assign, often the practical pacing item.Usually stays in place unless the lease has its own change-of-control clause.
Typical useThe default for a single Kinton Ramen location changing hands.Less common at this stage, given the brand's still-early resale market.
What you buy
Asset sale

The location's assets — kitchen equipment, leasehold improvements, inventory, and the franchise agreement's benefit, subject to consent.

Franchisor consent & ROFR
Asset sale

Required for this specific location; typically the pacing condition on the deal.

Arthur Wishart disclosure
Asset sale

May still be required despite a resale framing — the exemption is read narrowly.

Premises history (converted vs. purpose-built)
Asset sale

A converted-space location typically needs diligence on inherited kitchen infrastructure — venting, plumbing, and prior equipment — that a purpose-built unit doesn't carry.

The lease
Asset sale

Needs the landlord's consent to assign, often the practical pacing item.

Typical use
Asset sale

The default for a single Kinton Ramen location changing hands.

We tell you which structure fits — before you sign anything.

№ 01.5Costs & Fees

You'll know the number before we start

No open-ended hourly surprises — the cost is confirmed in writing before any work begins.

Type of workFeeHow it's confirmed
Straightforward purchase or saleStarting from $3,388.87
Our charges · taxes included
Confirmed in writing once we see the agreement.
Larger or more complex dealQuoted to scopeShort call → fixed written quote before any work begins.
Searches, filings & third-party feesAt costItemized on your invoice, not marked up.
Franchisor transfer/application fees, landlord consent costs, and a broker's success fee if the deal was listed — all confirmed once we see your agreement.
Most deals start here

An owner-run business

A single Kinton Ramen location changing hands between one buyer and one seller — a straightforward resale with a standard consent process.

Start my file
A bit more involved

A larger or more complex deal

A resale involving a converted premises with unresolved infrastructure questions, or where the franchisor's right of first refusal or a disclosure question needs to be worked through before terms are final.

Book a consultation

Not sure which you are? That's our job to figure out, not yours. As a rough guide, most deals under a couple of million dollars are the first kind — above that, you're usually in Mergers & Acquisitions territory.

№ 01.6Before You Ask

Common questions

Many Kinton Ramen locations are converted former restaurant spaces — does that change my diligence?

It typically should. A converted space carries prior venting, plumbing, and equipment history that a purpose-built unit doesn't, so diligence usually goes deeper into what condition that inherited infrastructure is actually in, not just what the franchise agreement says.

Kinton is a newer, fast-growing brand — is there an established resale market yet?

Not a mature one. Most activity in the Kinton system still leans toward new territory development, though a first wave of resales is starting to appear as founding operators mature — which means fewer direct comps than an older, larger chain.

As a newer, fast-growing brand, is Kinton's franchisor more or less likely to exercise its right of first refusal on a resale?

There's no reliable pattern we can point to for a newer brand specifically — franchisor decisions on ROFR tend to be deal-specific. We treat every resale as if the right could be exercised and build your conditions accordingly.

Since Kinton is a newer brand with a smaller resale market, is disclosure more likely to apply than for an established chain?

The brand's age and market size aren't part of the legal test — the exemption analysis looks at the structure of this specific resale. We assess it the same way regardless of how established or new the brand is.

Does Kinton's menu vary by region — and does that affect training?

Kinton is known for region-specific menu variations across its Ontario locations, so training for an incoming owner typically includes the specific menu configuration for that location, not a single standardized program.

Related

Where we close franchise resale deals

Treadstone Law is an independent law firm. We act for buyers and sellers of franchise businesses. We are not affiliated with, endorsed by, or retained by Kinton Ramen or its franchisor.

Ready to begin?

Tell us about your Kinton Ramen resale — we'll point you the right way and confirm the cost in writing before any work begins.

Prefer to talk first? Call 1-844-900-1070 — it’s free.
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