Balance Pan-Asian GrilleFranchise Cost, Revenue & Review 2026
Data from FDD filing
FranchiseVerdict summary · 2026
A Balance Pan-Asian Grille franchise requires a total initial investment of $768K – $1.2M, including a $35K franchise fee and an ongoing 6.0% royalty[2]. Per the 2024 FDD, average unit revenue was $1.6M[2]. Verdict grade: B. Run a live ROI scan →
Data last verified June 18, 2026 · figures per the 2024 FDD issuance
Overview
- Investment
- $768K – $1.2M
- 40th pct Service Resta…
- Avg gross sales
- $1.6M
- 17th pct Service Resta…
- Royalty
- 6.0%
- 26th pct Service Resta…
- Units
- 5
- 13th 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
Franchised units fell from 1 to 0 over 3 years. Investigate why operators are leaving.
The franchisor's auditor raised doubt about continued operations. This is a serious risk signal.
22% cash-on-cash return (based on EBITDAR). Within the 15-30% range most franchise investors consider acceptable.
Bottom line
- Total investment $768K – $1.2M including a $35K franchise fee, 6.0% ongoing royalty.
- Average unit revenue of $1.6M/year, with an estimated 22% cash-on-cash return (based on EBITDAR).
- Verdict B (Above Average) with a risk score of 54/100.
- Auditor disclosed a going-concern note, which 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
- Ultimate parent
- Balance Syndicated LLC
- CEO title
- Founder and Chief Executive Officer
- Prakash Karamchandani
- Founder active
- Yes
- Original founder still leading the business
- Incorporated in
- OH
- 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.
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
- Headquarters
- OH
- Founded
- 2021
- FDD year
- 2024
- States available
- 2
FDD Item 7 · 2024 filing · 18 line items
Initial investment breakdown
| Line item | Low | High | |
|---|---|---|---|
| Initial Franchise Fee | $35K | $35K | |
| Development Services Fee | $5K | $5K | |
| Lease | $29K | $55K | |
| Utility Deposit | $0 | $5K | |
| Architect Fees | $10K | $15K | |
| Construction Costs | $330K | $540K | |
| Expenses for Initial Training | $15K | $25K | |
| Specialists HQ Training Wages | $10K | $13K | |
| Pre-Opening Training Wages | $10K | $10K | |
| Business Licenses and Permits | $2K | $4K | |
| Business Insurance | $7K | $14K | |
| Initial Inventory | $15K | $30K | |
| Computer Hardware & Software | $15K | $34K | |
| Furniture, Fixtures, & Equipment | $193K | $282K | |
| Signage | $16K | $32K | |
| Grand Opening Marketing Program | $25K | $25K | |
| Professional Fees | $3K | $6K | |
| Additional Funds (6 months) | $50K | $100K | |
| Total initial investment | $768K | $1.2M |
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.
Single-unit · estimated
Returns at a glance
Indicative numbers using FDD Item 7 / Item 19 inputs and category-benchmarked cost ratios. Full single-unit, 25-unit portfolio, and LBO models (with every input editable to stress-test your own scenario) live on the financials page.
Store EBITDA · annual
$148K
9.0% margin
Unlevered ROIC
14%
EBITDA / total invested capital
Payback
7.3 yrs
cash-on-cash, unlevered
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $768K – $1.2M
- Near category avg vs category
- Liquid capital req'd
- $50K – $100K
- Better than avg vs category
- Franchise fee
- $28K – $35K
- Better than avg vs category
- 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 FDD / Item 19
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 6.0% of gross sales |
| Marketing / ad fund | 3.0% of gross sales |
| Technology fee | $350 |
| Transfer fee | $15K |
| Renewal fee | $10K |
| Total fee load | 9.0% of rev |
Financial Performance
- Avg gross sales
- $1.6M
- Per unit, per year
- Median gross sales
- N/A
- Avg ebitdar
- $217K
- Reported as EBITDAR in FDD Item 19
- Cash-on-cash
- 21.7%
- Based on EBITDAR / investment midpoint
- Item 19 type
- Affiliate-owned outlets
- Sample size
- 4 units
- vs category median 13 · small
- Range (low → high)
- $527K→$2.8M
- Cohort dispersion (min → max)
- Transparency
- 10 / 5
- vs category median 4 / 5 · above
Compared against 1264 Full-Service Restaurants brands
vs Full-Service Restaurants averages
How Balance Pan-Asian Grille Compares
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 5
- 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
- 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
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 · 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).
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 7(a) and 504 loan disclosures, public data unique to FranchiseVerdict.
No SBA loan data available for this brand.
Risk analysis
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Micro-franchise system with high capital requirements, unproven growth model, and limited financial transparency presents meaningful risk despite absence of litigation.
Litigation (Item 3)
Item 3 (Litigation) section not provided in document. Unable to extract litigation details.
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · CliftonLarsonAllen LLP⚠ Going-concern note flagged
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 54 / 100 rating
- 01MEDOnly 5 units operating with unknown growth trajectory suggests limited system maturity and scale
- 02MINORHigh investment range ($768K-$1.2M) against modest average net income ($216K) yields ROI of only 18-28% annually with extended payback period
- 03MINORExtremely small franchise system creates survivability concerns and limits corporate support infrastructure
- 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
| Initial term | 10 years |
|---|---|
| Renewal term | 10 years |
| Allowed renewalsℹ | 1 |
| Territory type | Radius |
| Protected territory | Yes |
| Online sales rights | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Not allowed |
| Owner-operator | Required |
| Non-compete (years)ℹ | 2 years |
| Non-compete (miles)ℹ | 3 mi |
| Right of first refusalℹ | Yes |
| Transfer requires consent | Yes |
| Termination notice | 30 days |
| Mandatory arbitration | No |
| Jury trial waiver | Yes |
| Governing law | Ohio |
| Litigation count | 0 |
View Item 3 litigation summary
Item 3 (Litigation) section not provided in document. Unable to extract litigation details.
Items 10, 11
Training & Operations
- Classroom training
- 44 hrs
- On-the-job training
- 240 hrs
- Training location
- On-site and corporate
- Ongoing training
- Required
- Time to open
- 11 mo
- From signing to launch
- POS system
- Revel
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: Revel
Item 20 · call current owners
Franchisee Contacts
7 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
Balance Pan-Asian Grille · FDD (2024) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a Balance Pan-Asian Grille franchise?
The total investment to open a Balance Pan-Asian Grille franchise ranges from $768K – $1.2M, with an initial franchise fee of $35K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do Balance Pan-Asian Grille franchise owners earn?
According to Item 19 of the Balance Pan-Asian Grille FDD, the average gross sales per unit is $1.6M. Note: this is gross revenue, not profit. Actual owner earnings vary based on location, operating costs, and management.
What is Balance Pan-Asian Grille's franchise failure rate?
SBA 7(a) loan charge-off data is not available for Balance Pan-Asian Grille (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 Balance Pan-Asian Grille franchise locations are there?
As of their most recent FDD filing, Balance Pan-Asian Grille has 5 total units in the United States, including 1 franchised units and 4 company-owned units.
Is Balance Pan-Asian Grille a good franchise to buy?
FranchiseVerdict rates Balance Pan-Asian Grille as a B-grade franchise with a risk score of 54 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.