Anjappar Chettinad Restaurant Franchise Cost, Revenue & Review 2026
Data from FDD filing + SBA 7(a) records
Analysis by FranchiseVerdict Research · Methodology
Anjappar Chettinad Restaurant is a full-service franchise serving South Indian Chettinad cuisine with signature curries and regional dishes. Franchisees run the restaurants, managing the kitchen, dining service, and staffing.
FranchiseVerdict summary · 2026
A Anjappar Chettinad Restaurant franchise requires a total initial investment of $466K – $1.2M, including a $50K franchise fee and an ongoing 6.0% royalty[2]. The 2025 FDD does not disclose unit-level revenue (no Item 19). FranchiseVerdict grade: B (Above average), an editorial assessment, not investment advice. Run a live ROI scan →
Data last verified · figures per the 2025 FDD issuance
Overview
- Investment
- $466K – $1.2M
- 22nd pct Service Resta…
- Avg gross sales
- N/A
- Royalty
- 6.0%
- 24th pct Service Resta…
- Units
- 8
- 11th pct Service Resta…
- SBA charge-off
- N/A
Quick verdict · Full-Service Restaurants · color = vs category peers
Green = favorable by >10% vs Full-Service Restaurants avg · No shading = within ±10% · Red = unfavorable by >10% · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
Bottom line
- COSTTotal investment $466K – $1.2M including a $50K franchise fee, 6.0% ongoing royalty.
- RETURNSAudited financial statements of franchisor Shree Vari Holdings, LLC. Most recent fiscal year ended December 31, 2024 shows $0 revenue and $0 expenses; the entity is a holding company with no operational activities and a stable cash balance of $3,264. Prior year (December 31, 2023, audited by Dr. Ram Sriram, CPA) likewise reported $3,264 cash and no operations.
- RISKVerdict B (Above average), verdict score 50/100 (higher is better).
- DATANo Item 19 financial performance representation. Without franchisor-disclosed revenue data, you'll need to gather unit economics directly from existing franchisees.
Item 1 · who you're contracting with
The Franchisor
Corporate structure & franchisor financials
- Legal entity
- Shree Vari Holdings LLC
- Ultimate parent
- Anjappar Chettinad A/C Restaurant, GP
- Predecessor
- Anjappar Chettinad LLC
- Prior franchisor entity
- CEO title
- Director
- Kandaswamy Anjappan
- CEO experience
- 11 yrs
- Years in role or industry
- Founder active
- Yes
- Original founder still leading the business
- Incorporated in
- TX
- HQ
- 5550 Granite Parkway, Suite 195, Plano, Texas 75024
- Auditor
- Crystal Arthur, CPA (2024); Dr. Ram Sriram, CPA (2023)
- Audited financials
- Franchisor revenue
- $0
- vs $0 prior year
Overview
About
- CEO
- Kandaswamy Anjappan
- Headquarters
- TX
- Founded
- 2021
- FDD year
- 2025
- States available
- 3
Can you afford it, and what does the money buy?
Entry cost runs 29% below the typical full-service restaurants franchise.
Source: FDD 2025 · Items 5–7
Full Item 7 breakdown17 line items
Initial investment breakdown
| Line item | Low | High | |
|---|---|---|---|
| Initial Franchise Feenot refundable | $50K | $50K | |
| Rent (3 months)not refundable | $67K | $450K | |
| Utility and Lease Security Deposits, Licenses and Permitsnot refundable | $30K | $35K | |
| Leasehold Improvementsnot refundable | $75K | $200K | |
| Signagenot refundable | $12K | $25K | |
| Furniture and Fixturesnot refundable | $50K | $120K | |
| POS/Back Office Systemnot refundable | $6K | $8K | |
| Equipment and Smallwaresnot refundable | $100K | $200K | |
| Professional Servicesnot refundable | $10K | $15K | |
| Technology Feenot refundable | $0 | $750 | |
| Initial Inventorynot refundable | $15K | $20K | |
| Insurancenot refundable | $12K | $18K | |
| Training Expensesnot refundable | $2K | $5K | |
| Grand Opening Assistancenot refundable | $2K | $10K | |
| Grand Opening Advertisingnot refundable | $5K | $5K | |
| Additional Fundsnot refundable | $30K | $40K | |
| Development Feenot refundable | $100K | $100K | |
| Total initial investment | $566K | $1.3M |
Line items extracted from FDD Item 7. Ranges reflect the franchisor's stated low and high per line. Total is the sum of line-item lows / highs — actual costs may fall outside this range depending on market and build-out scope.
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $466K – $1.2M
- Top 40% of category vs category
- Liquid capital req'd
- $30K – $40K
- Top 40% of category vs category
- Franchise fee
- $50K – $50K
- Top 40% of category vs category
- Royalty
- 6.0%
- percentage · typical 6–8%
- Ad fund
- 0.0%
- typical 3–5%
- Total fee load
- 7.0%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 6.0% of gross sales |
| Marketing / ad fund | 0.0% of gross sales |
| Technology fee | $0 |
| Training fee | $5K |
| Transfer fee | $5K |
| Renewal fee | $8K |
| Inventory (initial) | $15K – $20K |
| Total fee load | 7.0% of rev |
ROI & LBO modelsSingle-unit · 25-unit portfolio · editable
Anjappar Chettinad Restaurant did not disclose financial performance in FDD Item 19. The ROIC and return models require Item 19 revenue. Without it all inputs are estimates. You can still run the calculator with your own assumptions by entering an expected revenue figure.
Returns model · single-unit ROIC
What would one Anjappar Chettinad Restaurant unit return on the cash you put in?
Unlevered ROIC · per unit
Estimated return on your total franchise investment, before any debt financing.
10%
Below the 30–60% attractive-franchise band
These models are for research and scenario planning only. Not investment advice. Actual results depend on your specific location, management, and market conditions. Consult a franchise attorney and accountant before signing any franchise agreement.
Item 19 · Source: 2025 FDD
Financial Performance
Audited financial statements of franchisor Shree Vari Holdings, LLC. Most recent fiscal year ended December 31, 2024 shows $0 revenue and $0 expenses; the entity is a holding company with no operational activities and a stable cash balance of $3,264. Prior year (December 31, 2023, audited by Dr. Ram Sriram, CPA) likewise reported $3,264 cash and no operations.
Operator outlook
What the numbers say
Data-driven interpretation of this brand's financial disclosures, fee structure, and system trajectory.
Fee burden
Total ongoing fee load of 7.0% (near the Full-Service Restaurants average).
Disclosure
Franchisor chose not to disclose financial performance representations. You will need to gather unit economics directly from existing franchisees.
Operator retention
Net unit growth roughly flat at 0.0%.
Source: FDD Item 19 financial performance representations and publicly filed FDD data. Past performance is not indicative of future results. Verify all figures with the franchisor and current franchisees before making any investment decision.
vs Full-Service Restaurants averages
How Anjappar Chettinad Restaurant Compares
Is the system healthy?
Source: FDD 2025 · Item 20
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 8
- Opened
- 0
- Last reporting year
- Closed
- 0
- Terminated
- 0
- Franchisor ended the franchise (per Item 20)
- Non-renewed
- 0
- Term expired, not renewed (per Item 20)
- Turnover rate
- 0.0%
- Company-owned
- 2
- Corporate units in the system
- % franchised
- 75%
- vs corporate-owned
- Net growth (3-yr)
- +0.0%
- Net unit change over 3 years
- 3-yr CAGR
- +0.0%
- Compounded over last 3 years
3-year detail · Item 20
- Opened (3yr)
- 0
- Closed (3yr)
- 0
- Terminated (3yr)
- 0
- Non-renewed (3yr)
- 0
- Transfers (3yr)
- 0
- Reacquired (3yr)
- 0
- Franchisor bought back
- Projected new
- 1
- Franchisor's next-year forecast
- Continuity rate
- 100.0%
- Units that stayed open
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 4 states with active franchisees
The Territory Map
Derived from franchisee contact records. Shows states with at least one current operator. Not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).
States derived from franchisee contact records (FDD Item 20). Shows states with at least one current operator on file. Full state registration data (Item 12) will appear on a future FDD refresh.
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA loan disclosures. This brand has only 2 7(a) loans on file; statistical reliability is limited below 10 loans.
- Total loans
- 2
- Loan volume
- $1.5M
- Median loan
- $771K
- average
- Charge-off rate
- N/A
- limited sample (2 loans) — rate not shown below 10
Historical SBA 7(a) lending data, not predictive of future performance. How SBA charge-off rates are calculated
- Repayment rate (PIF)
- N/A
- 5-yr charge-off
- N/A
- Loans approved 2021+
- Active lenders
- 0
- Defaults
- N/A
Explore lender portfolios on Bank Reports or regional data on State Reports.
What could kill this investment?
Source: SBA 7(a) FOIA · FDD Items 3, 21
Risk analysis
FranchiseVerdict rating + FDD Items 3, 4, 8, 16, 21
Risk & Legal
Undercapitalized franchisor with unproven unit economics, minimal system scale, territory conflicts, and financial stability concerns make this a cautious investment requiring extensive franchisee validation before proceeding.
Litigation (Item 3)
No litigation is required to be disclosed in Item 3.
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · Crystal Arthur, CPA (2024); Dr. Ram Sriram, CPA (2023)
Supplier relationship · Items 8 & 16
- Franchisor sells you products: Yes
- Kickbacks from required suppliers: No
- Must buy proprietary products: Yes
- Restricted to system-approved products: Yes
- Can negotiate own supplier terms: No
Score breakdown · what drove the 50 / 100 verdict
- 01MINORNo Item 19 financial performance disclosure — impossible to validate $466k-$1.2M investment ROI claims
- 02MINOROnly 8 units system-wide with unknown growth trajectory suggests minimal scale and uncertain demand validation
- 03MINORNo protected territory creates direct competition risk and cannibalization between franchisees
- 04HIGHGoing Concern status is FALSE — indicates potential financial instability or structural concerns at franchisor level
- 05MEDHigh capital requirement ($466k-$1.2M) with no disclosed average unit volumes creates severe downside risk
- 06MINOR5-year term is shorter than industry standard (10 years), suggesting higher renewal uncertainty
Severity inferred from the FDD text · not a regulatory classification
What are you signing up for?
Ongoing fees run about 7.0% of sales (royalty + ad fund), before rent and labor.
Source: FDD 2025 · Items 11, 12, 17
FDD Items 12, 15, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 5 years |
|---|---|
| Renewal term | 5 years |
| Allowed renewalsℹ | 2 |
| Territory type | protected |
| Protected territory | Yes |
| Exclusive territoryℹ | No |
| Territory radius | 3 mi |
| Online sales rightsℹ | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Required |
| Non-compete (years)ℹ | 2 years |
| Non-compete (miles)ℹ | 20 mi |
| Right of first refusalℹ | Yes |
| Transfer requires consent | Yes |
| Termination notice | 30 days |
| Mandatory arbitration | No |
| Arbitration location | Plano, Texas (mediation at AAA; litigation in federal/state courts of county where principal office is located) |
| Jury trial waiver | No |
| Governing law | TX |
| Litigation count | 0 |
View Item 3 litigation summary
No litigation is required to be disclosed in Item 3.
Items 10, 11
Training & Operations
- Classroom training
- 36 hrs
- On-the-job training
- 99 hrs
- Training location
- Santa Clara, California or another location designated by franchisor
- Ongoing training
- Required
- Time to open
- 6 mo
- From signing to launch
- Site selection
- Franchisee with franchisor approval
- Franchisor financing
- Not offered
- Item 10
Items 5 & 11
Franchisor Support
Item 20 · call current owners
Franchisee Contacts
6 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
Anjappar Chettinad Restaurant · FDD (2025) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a Anjappar Chettinad Restaurant franchise?
The total investment to open a Anjappar Chettinad Restaurant franchise ranges from $466K – $1.2M, with an initial franchise fee of $50K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do Anjappar Chettinad Restaurant franchise owners earn?
Anjappar Chettinad Restaurant does not disclose average franchise owner earnings in their FDD Item 19. Not all franchisors are required to make financial performance representations. We recommend asking existing franchisees directly about their financial experience.
What is Item 19 in the Anjappar Chettinad Restaurant FDD?
The FDD section where a franchisor may disclose financial performance of its outlets. Disclosure is optional and formats vary; figures are typically gross sales, which is revenue before expenses, not profit. FranchiseVerdict extracts these figures directly from the Anjappar Chettinad Restaurant FDD and qualifies whose outlets they describe.
What is Anjappar Chettinad Restaurant's franchise failure rate?
SBA 7(a) loan charge-off data is not available for Anjappar Chettinad Restaurant (fewer than 10 loans on file). Charge-off rates are one way to gauge franchise risk, but not all franchise loans go through the SBA program. We recommend reviewing turnover and closure data in the FDD and speaking with current franchisees.
How many Anjappar Chettinad Restaurant franchise locations are there?
As of their most recent FDD filing, Anjappar Chettinad Restaurant has 8 total units in the United States, including 6 franchised units and 2 company-owned units.
Is Anjappar Chettinad Restaurant a good franchise to buy?
FranchiseVerdict rates Anjappar Chettinad Restaurant as a B-grade franchise with a verdict score of 50 out of 100 (higher is better), based on our analysis of investment costs, revenue data, SBA loan performance, and growth trends. Our rating is based solely on publicly available FDD and government data; we recommend speaking with current franchisees before making any investment decision. This is not investment advice.
Data sourced from public FDD filings and SBA 7(a) FOIA records. Not financial advice.
For franchisors
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Data extracted from public FDD filings and SBA 7(a) loan disclosures (FOIA). This information is provided for research purposes only and does not constitute financial, legal, or investment advice. Verify all figures with the franchisor's current Franchise Disclosure Document before making any investment decision.