Anjappar Chettinad RestaurantFranchise Cost, Revenue & Review 2026
Data from FDD filing + SBA 7(a) records
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). Verdict grade: C. Run a live ROI scan →
Data last verified June 18, 2026 · figures per the 2025 FDD issuance
Overview
- Investment
- $466K – $1.2M
- 31st pct Service Resta…
- Avg gross sales
- N/A
- 28th pct Service Resta…
- Royalty
- 6.0%
- 26th pct Service Resta…
- Units
- 8
- 18th pct Service Resta…
- SBA default
- N/A
Quick verdict · Full-Service Restaurants · color = vs category peers
Green = >15% above Full-Service Restaurants avg · No shading = within ±15% · Red = >15% below avg · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
Started franchising in 2023. Newer systems carry more uncertainty but may offer better territories.
Bottom line
- Total investment $466K – $1.2M including a $50K franchise fee, 6.0% ongoing royalty.
- No Item 19 financial performance data disclosed. The franchisor chose not to publish revenue figures.
- Verdict C (Average) with a risk score of 65/100.
- No 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
- Legal entity
- Shree Vari Holdings LLC
- Ultimate parent
- Anjappar Chettinad A/C Restaurant, GP
- 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
- Audited financials
- Franchisor revenue
- $0
- vs $0 prior year
Overview
About
Franchisees operate Chettinad-style South Indian restaurant locations, managing day-to-day dining room service, kitchen operations, inventory, and staff management while adhering to the brand's signature curry and regional Indian cuisine offerings. Operations include food preparation, table service, delivery coordination, and local marketing within a casual/quick-service dining environment.
- CEO
- Kandaswamy Anjappan
- Headquarters
- TX
- Founded
- 2021
- FDD year
- 2025
- States available
- 4
FDD Item 7 · 2025 filing · 17 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
- Better than avg vs category
- Liquid capital req'd
- $30K – $40K
- Better than avg vs category
- Franchise fee
- $50K – $50K
- Better than avg vs category
- Royalty
- 6.0%
- Gross Revenues · typical 6–8%
- Ad fund
- 1.0%
- 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 | 1.0% of gross sales |
| Training fee | $500 |
| Transfer fee | $5K |
| Renewal fee | $8K |
| Total fee load | 7.0% of rev |
Financial Performance
This franchisor did not disclose financial performance representations in Item 19, or our extractor could not parse them.
vs Full-Service Restaurants averages
How Anjappar Chettinad Restaurant Compares
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 (yr3)
- +0.0%
- Net unit change last year
- 3-yr CAGR
- +0.0%
- Compounded over last 3 years
3-year detail · Item 20
- Transfers (3yr)
- 0
- 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 3 7(a) loans on file; statistical reliability is limited below 10 loans.
- Total loans
- 3
- Loan volume
- N/A
- Amount data pending
- Median loan
- N/A
- Charge-off rate
- N/A
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
- 0
Explore lender portfolios on Bank Reports or regional data on State Reports.
Risk analysis
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
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 required to be disclosed
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · Crystal Arthur
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
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 65 / 100 rating
- 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
FDD Items 5, 6, 12, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 5 years |
|---|---|
| Renewal term | 5 years |
| Allowed renewalsℹ | 2 |
| Territory type | Radius |
| Protected territory | No |
| 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 | Yes |
| Jury trial waiver | Yes |
| Governing law | Texas |
| Litigation count | 0 |
View Item 3 litigation summary
No litigation required to be disclosed
Items 10, 11
Training & Operations
- Classroom training
- 36 hrs
- On-the-job training
- 99 hrs
- Training location
- On-site and corporate
- Ongoing training
- Required
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 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 C-grade franchise with a risk score of 65 out of 100, 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.
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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.