FranchiseVerdict
Balance Pan-Asian Grille logo
FV-00229·STRONGExcellent95

Balance Pan-Asian Grille

Food & Beverage - Full ServiceFranchising since 2022Website
Investment
$768K – $1.2M
82nd pct Full Service
Avg revenue
$1.6M
35th pct Full Service
Royalty
6.0%
54th pct Full Service
Units
5
26th pct Full Service
SBA default

Bottom line

  • Total investment $768K – $1.2M including a $35K franchise fee, 6.0% ongoing royalty.
  • Average unit revenue of $1.6M/year (median $1.6M). Estimated payback in 4.6 years.
  • Rated STRONG with a risk score of 53/100.
  • Auditor disclosed a going-concern note — flagged doubt about the franchisor's ability to continue operations. Verify against the latest FDD.

Item 1 · who you're contracting with

The Franchisor

Legal entity
Balance Franchise Group LLC
Incorporated in
Ohio
HQ
215 North Summit Street, Toledo, Ohio 43604
Auditor
CliftonLarsonAllen LLP
Audited financials
Franchisor revenue
$86K
vs $108K prior year
⚠ Going-concern note
Disclosed in FDD 2024
Status as of 2024; may have been resolved in a later filing we don't yet have.

Yale framework · single-unit ROIC

Returns Analysis

Pulls Item 7 (investment) and Item 19 (revenue) from this brand's FDD into the Yale unlevered-ROIC formula. Override any input to stress-test it against your own assumptions.

The model · Yale framework

What would one Balance Pan-Asian Grille unit return on the cash you put in?

Revenue · per unit, per year
$
FDD Item 19 reports $1,616,190
Franchisor take · royalty + ad fund
Royaltytyp 68%
%
Ad fundtyp 35%
%
Operating costs · category default: generic
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $768K–$1.2M
Working capital
$
FDD reports $50K–$100K

Unlevered ROIC · per unit

21%

Below typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$226K
EBITDA margin
14.0%
Total invested
$1.1M
Payback
57 mo
Unit-level only. A multi-unit portfolio gives up roughly 5–15% of this to shared services (corporate G&A) before reaching the ~10-unit break-even Yale describes.

Levered LBO scenario · Yale Crease Capital framing

What would 25 Balance Pan-Asian Grille units return on equity?

Edit assumptions

Equity IRR · 5-yr

43.0%

5.98× MOIC

Year-1 DSCR

2.03×

EBITDA ÷ debt service

Equity required

$2.9M

on $11.3M purchase

Total debt

$8.4M

SBA $5.0M + senior + seller note

SBA 7(a) request ($5.7M) exceeds the $5M program cap. Excess capped automatically; backfill via conventional or equity.

Overview

About

Franchisees operate casual-dining pan-Asian restaurants featuring diverse cuisines (likely Vietnamese, Thai, Chinese, Japanese fusion concepts). Day-to-day operations include kitchen management, food cost control, front-of-house service, staffing oversight, and inventory management across a menu-heavy concept requiring skilled execution.

CEO
Prakash Karamchandani
Founded
2021
FDD year
2024
States available
2

Item 7 · what it costs

The Vitals

Total investment
$768K – $1.2M
All-in to open one unit
Liquid capital
$50K – $100K
Cash you must have on hand
Franchise fee
$35K
Royalty
6.0%
Net Sales · typical 6–8%
Ad fund
3.0%
typical 3–5%
Total fee load
9.0%
vs 9–13% typical
Payback period
4.6 yrs
From v3 / Item 19

Item 19

Financial Performance

Avg gross sales
$1.6M
Per unit, per year
Median gross sales
$1.6M
Item 19 type
Affiliate-owned outlets
Sample size
4 units
vs category median 15 · small
Range (low → high)
$527K$2.8M
Cohort dispersion
Transparency
10 / 5
vs category median 4 / 5 · above
Revenue rank35th
vs Food & Beverage - Full Service peers
Investment cost rank82th
Lower investment ranks lower (better)
Royalty rate rank54th
Lower royalty = lower percentile (better)
Unit count rank26th
vs Food & Beverage - Full Service peers
Risk score rank24th
Lower risk = lower percentile (better)

Item 20 · unit dynamics

The Growth Chart

Total units
5
Opened
0
Last reporting year
Closed
0
Turnover rate
0.0%
Company-owned
4
Corporate units in the system
% franchised
20%
vs corporate-owned
Multi-unit owners
1.0%
Net growth (yr3)
+0.0%
Net unit change last year
2022
1±0
Franchised units
2023
1
Franchised units
2024
0
Franchised units

Year-over-year franchised unit counts and net change. Source: FDD Item 20.

Item 20 · 3 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).

AK
ME
VT
NH
MA
RI
CT
NY
NJ
PA
DE
MD
DC
WA
OR
CA
NV
ID
MT
WY
UT
CO
AZ
NM
ND
SD
NE
KS
OK
TX
MN
IA
MO
AR
LA
WI
IL
MS
TN
MI
IN
KY
AL
OH
WV
GA
VA
NC
SC
FL
HI
Registered · 3 states
Not registered

States derived from franchisee phone area codes (Item 20). Approximate — ported numbers may show the original state, not the franchisee's current location.

Government records

SBA Loan Data

Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.

No SBA loan data available for this brand.

FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17

Risk & Legal

53
Risk · 0-100
STRONG53 / 100

Micro-franchise system with high capital requirements, unproven growth model, and limited financial transparency presents meaningful risk despite absence of litigation.

Score breakdown · what drove the 53 / 100 rating

  1. 01MEDOnly 5 units operating with unknown growth trajectory suggests limited system maturity and scale
  2. 02MINORHigh investment range ($768K-$1.2M) against modest average net income ($216K) yields ROI of only 18-28% annually with extended payback period
  3. 03MINORExtremely small franchise system creates survivability concerns and limits corporate support infrastructure
  4. 04MEDNo disclosed Item 19 financial performance data prevents independent verification of averages claimed

Severity inferred from the FDD text · not a regulatory classification

FDD Items 5, 6, 12, 17 · continued from Risk & Legal

Contract & Territory Detail

Territory
Radius
Protected territory
Yes
Initial term
10 years
Renewal term
10 years
Online sales rights
Restricted
Franchisor can compete
Yes
Hire a manager?
Not allowed
Litigation count
0
Right of first refusal
Yes
Franchisor can buy back on resale
Mandatory arbitration
No
Jury trial waiver
Yes
Non-compete
2 yrs
Post-termination restriction
Owner-operator
Required
Governing law
Ohio

Item 11

Training & Operations

Classroom training
44 hrs
On-the-job training
240 hrs
POS system
Revel
Operating tech stack

Item 20

Franchisee Contacts

Phone numbers extracted directly from this brand's FDD Item 20. After purchase, you'll also receive a list of validation questions tailored to this brand.

Franchisee contacts

9 numbers

Locked
(419) 893-••••
The franchisor is Balance Franchise Group LLC,
OH
(216) 523-••••
OH
(419) 243-••••
OH

One-time purchase · CSV download · Validation questions included

FDD download

Balance Pan-Asian Grille · FDD (2024) PDF

Single-page checkout · instant download · CSV export of contacts available separately above