Bawarchi Indian Cuisine Franchise Cost, Revenue & Review 2026
- Investment
- $310K – $889K
- Disclosed sales
- not disclosed
- SBA charge-off
- Not SBA-matched
Data from FDD filing
Analysis by FranchiseVerdict Research · Methodology
Bawarchi Indian Cuisine is a full-service restaurant franchise serving traditional Indian dishes including curries, tandoori, biryani, and breads. Franchisees run the restaurants, managing the kitchen, dining service, and staffing.
FranchiseVerdict summary · 2026
A BAWARCHI INDIAN CUISINE franchise requires a total initial investment of $310K – $889K, including a $50K franchise fee and an ongoing 4.0% royalty[2]. This franchisor makes no financial performance representation in Item 19 of its FDD. Item 19 is voluntary under the FTC Franchise Rule, and this filing states that it makes none, so no revenue or earnings figures are disclosed. Declining to publish one is lawful and is not evidence of how the outlets perform. It does mean that less about this brand can be verified from its filing, and the FranchiseVerdict grade - an editorial assessment, not investment advice - reflects that. FranchiseVerdict grade: B (Above average), an editorial assessment, not investment advice. Run a live ROI scan →
Sources, dates and evidence
FDD issued: · Data extracted: · Last cited check: · Staleness risk: high - issued more than two years ago
Evidence: strong✓ Investment (Item 7)✓ Item 19 status✓ Units and owners (Item 20)✗ SBA loan coverage✓ Litigation (Item 3)✓ Financial statements (Item 21)✓ Franchisor identityhow this is scored4 of 5 headline figures on this page cite a page of the filing; the rest are marked “Not cited” beside the figure.
Overview
- Investment
- $310K – $889K
- 13th pct Service Resta…
- Avg gross sales
- N/A
- Royalty
- 4.0%
- 3rd pct Service Resta…
- Units
- 42
- 26th 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 median · 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 $310K – $889K including a $50K franchise fee, 4.0% ongoing royalty.
- RETURNSThis franchisor makes no financial performance representation in Item 19 of its FDD. Item 19 is voluntary under the FTC Franchise Rule, and this filing states that it makes none, so no revenue or earnings figures are disclosed. Declining to publish one is lawful and is not evidence of how the outlets perform. It does mean that less about this brand can be verified from its filing, and the FranchiseVerdict grade - an editorial assessment, not investment advice - reflects that.
- RISKVerdict B (Above average), verdict score 63/100 (higher is better).
- GROWTHPositive: net +9 franchised outlets in the latest year (9 opened, 0 closed) (Item 20).
- GROWTHSystem growing at 90.5% CAGR over 3 years with 42 total units. Strong expansion trajectory.
Item 1 · who you're contracting with
The Franchisor
Corporate structure & franchisor financials
- Legal entity
- Bawarchi Franchise LLC
- Predecessor
- Bawarchi LLC
- Prior franchisor entity
- CEO title
- Chief Executive Officer
- Kishore Kancharla
- Incorporated in
- TX
- HQ
- 4940 McDermott Road, Suite #100, Plano, Texas 75024
- Auditor
- RAM CPAs (1415 Carter Road, Decatur, GA)
- Audited financials
- Franchisor revenue
- $31K
- Most recent fiscal year
Affiliated brands
- who also shares our pr
- Bawarchi Biryanis
Other brands the franchisor or its parent operates (Item 1).
Overview
About
- CEO
- Kishore Kancharla
- Headquarters
- TX
- Founded
- 2020
- FDD year
- 2020
- States available
- 19
Can you afford it, and what does the money buy?
Entry cost runs 12% below the typical full-service restaurants franchise.
Source: FDD 2020 · Items 5–7
The filing's Item 7 TOTAL row prints $309,500 to $888,500. Its own line items add to $301,500 to $888,500. The total is shown as the franchisor printed it; the lines are listed as printed. The only Item 7 table (pp.12-13, Bawarchi 2020 FDD). TOTAL(15) $309,500-$888,500 = headline.
Full Item 7 breakdown16 line items
Initial investment breakdown
| Line item | Low | High | |
|---|---|---|---|
| Initial Franchise Fee | $50K | $50K | |
| Rent (3 months) | $67K | $450K | |
| Utility and Lease Security Deposits | $5K | $10K | |
| Licenses and Permits | $2K | $5K | |
| Leasehold Improvements | $40K | $100K | |
| Signage | $2K | $5K | |
| Furniture and Fixtures | $50K | $120K | |
| POS/Back Office System | $4K | $15K | |
| Equipment and Smallwares | $50K | $70K | |
| Professional Services | $5K | $8K | |
| Initial Inventory | $5K | $8K | |
| Insurance | $2K | $2K | |
| Training Expenses | $2K | $5K | |
| Grand Opening Assistance | $2K | $10K | |
| Grand Opening Advertising | $1K | $2K | |
| Additional Funds | $15K | $30K | |
| Total initial investment | $302K | $889K |
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
- $310K – $889K
- Top 40% of category vs category
- Liquid capital req'd
- $15K – $30K
- Top 40% of category vs category
- Franchise fee
- $50K – $50K
- Top 40% of category vs category
- Royalty
- 4.0%
- typical 6–8%
- Ad fund
- 2.0%
- typical 3–5%
- Total fee load
- 8.0%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 4.0% of gross sales |
| Marketing / ad fund | 2.0% of gross sales |
| Technology fee | $13K |
| Training fee | $5K |
| Transfer fee | $25K |
| Renewal fee | $25K |
| Inventory (initial) | $5K – $8K |
| Total fee load | 8.0% of rev |
ROI & LBO modelsSingle-unit · 25-unit portfolio · editable
BAWARCHI INDIAN CUISINE makes no financial performance representation in Item 19 of its FDD - a voluntary item under the FTC Franchise Rule - so no unit revenue figures are disclosed. The return models need a revenue figure to start from, and the operating costs that turn gross sales into a profit are in no FDD. Enter your own and the calculator runs on your assumptions — nothing here is modelled until you do.
Returns model · single-unit ROIC
What would one BAWARCHI INDIAN CUISINE unit return on the cash you put in?
Illustrative category typicals — not sourced to any filing, survey or sample. Replace them with figures from franchisee validation calls before you rely on the output.
Unlevered ROIC · per unit
Your modelled return on total invested capital, before any debt financing.
—
An FDD discloses gross sales, not profit. We hold no sourced figure for annual revenue, COGS, labour, rent / occupancy and other operating costs, and will not substitute an assumed one. Enter your own and the model runs on your assumptions.
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: 2020 FDD
Financial Performance
No financial performance representation
This franchisor makes no financial performance representation in Item 19 of its FDD. Item 19 is voluntary under the FTC Franchise Rule, and this filing states that it makes none, so no revenue or earnings figures are disclosed. Declining to publish one is lawful and is not evidence of how the outlets perform. It does mean that less about this brand can be verified from its filing, and the FranchiseVerdict grade - an editorial assessment, not investment advice - reflects that.
Item 20 of the FDD lists current and former franchisees; asking them directly is the standard way to fill this gap.
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 8.0% (near the Full-Service Restaurants median).
Disclosure
This franchisor makes no financial performance representation in Item 19 of its FDD. Item 19 is voluntary under the FTC Franchise Rule, and this filing states that it makes none, so no revenue or earnings figures are disclosed. Declining to publish one is lawful and is not evidence of how the outlets perform. It does mean that less about this brand can be verified from its filing, and the FranchiseVerdict grade - an editorial assessment, not investment advice - reflects that. Item 20 of the FDD lists current and former franchisees; asking them directly is the standard way to fill this gap.
Operator retention
System expanding at 90.5% CAGR over 3 years across 42 units — operators are staying and new ones are joining.
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 medians
How Bawarchi Indian Cuisine Compares
Category median of published Full-Service Restaurants brands that report the figure; the middle half spans the 25th to 75th percentile and n counts the brands behind it. Medians are used because a few very large systems pull an average far from the typical brand. Revenue is disclosed gross sales, not profit.
Is the system healthy?
Source: FDD 2020 · Item 20
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 42
- Opened
- 9
- 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
- N/A
- Company-owned
- 2
- Corporate units in the system
- % franchised
- 95%
- vs corporate-owned
- Net growth (3-yr)
- +90.5%
- Net unit change over 3 years
- 3-yr CAGR
- +90.5%
- Compounded over last 3 years
Last fiscal year · Item 20 exits and transfers
- Terminated
- 0
- Not renewed
- 0
- Transferred
- 0
- Reacquired
- 0
- Franchisor bought back
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 19 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.
Where the owners are · Item 20 owner list
40 current owners across 19 states.
- FL 4
- NJ 4
- CO 3
- GA 3
- IL 3
- MA 3
- NC 3
- TX 3
- AR 2
- OH 2
- PA 2
- AL 1
- +7 more states
Counts only, from the list the franchisor prints in Item 20. Names and phone numbers are for your own due diligence and are not shown here.
Fast growth in a small system. Newer franchisors expanding quickly may not yet have the support infrastructure of larger systems.
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.
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
Rapidly expanding Indian cuisine chain with aggressive growth metrics but opaque unit economics, no franchisee profitability data, and franchisor going concern questions create elevated financial risk.
Litigation (Item 3)
Subject: officers or affiliates. The franchisor is not a named party in these cases.
No litigation required to be disclosed.
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · RAM CPAs (1415 Carter Road, Decatur, GA)
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Audited statements cover only the stub period February 10, 2020 to May 31, 2020 (franchisor formed Feb 10, 2020; not in business three years). Total Revenue, net = $31,055.
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
Score breakdown · what drove the 63 / 100 verdict
- 01MINORNo Item 19 financial disclosure (average unit volumes and net income not published) — impossible to validate ROI claims
- 02MINORRapid unit growth of 29% YoY with only 42 total units suggests aggressive expansion without proven unit economics
- 03MINORWide investment range ($309.5K–$888.5K spread of 187%) indicates inconsistent site costs and unclear buildout standards
- 04MEDNo litigation disclosed is positive, but absence of Item 19 prevents assessment of franchisee satisfaction and failure rates
Severity inferred from the FDD text · not a regulatory classification
What are you signing up for?
Ongoing fees run about 8.0% of sales (royalty + ad fund), before rent and labor.
Source: FDD 2020 · 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 territory |
| Protected territory | Yes |
| Exclusive territoryℹ | No |
| Territory radius | 10 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 | 10 mi |
| Right of first refusalℹ | Yes |
| Transfer requires consent | Yes |
| Termination notice | 30 days |
| Curable defaultsℹ | 2 |
| Mandatory arbitration | No |
| Arbitration location | Texas (mediation at AAA in city of franchisor's principal place of business) |
| Jury trial waiver | No |
| Governing law | TX |
| 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
- Plano, Texas or another location designated by franchisor
- Ongoing training
- Required
- Time to open
- 6 mo
- From signing to launch
- Site selection
- Franchisee selects site within agreed Site Selection Area, subject to franchisor approval
- Franchisor financing
- Not offered
- Item 10
- POS system
- Aldelo
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: Aldelo
Item 20 · call current owners
Franchisee Contacts
40 owners to call
Name · phone · city · state. Extracted from FDD Item 20
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a BAWARCHI INDIAN CUISINE franchise?
The total investment to open a BAWARCHI INDIAN CUISINE franchise ranges from $310K – $889K, 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 BAWARCHI INDIAN CUISINE franchise owners earn?
BAWARCHI INDIAN CUISINE makes no financial performance representation in Item 19 of its FDD - a voluntary item under the FTC Franchise Rule - so no unit revenue figures are disclosed. Declining to publish one is lawful and is not evidence of how the outlets perform. It does mean that less about this brand can be verified from its filing, and the FranchiseVerdict grade - an editorial assessment, not investment advice - reflects that. Item 20 of the FDD lists current and former franchisees; asking them directly is the standard way to fill this gap.
Who owns BAWARCHI INDIAN CUISINE?
BAWARCHI INDIAN CUISINE is franchised by Bawarchi Franchise LLC. Source: FDD Item 1, 2020 filing.
What is Item 19 in the BAWARCHI INDIAN CUISINE 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 BAWARCHI INDIAN CUISINE FDD and qualifies whose outlets they describe.
What is BAWARCHI INDIAN CUISINE's franchise failure rate?
SBA 7(a) loan charge-off data is not available for BAWARCHI INDIAN CUISINE (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 BAWARCHI INDIAN CUISINE franchise locations are there?
As of their most recent FDD filing, BAWARCHI INDIAN CUISINE has 42 total units in the United States, including 40 franchised units and 2 company-owned units. 9 new units were opened in the latest reporting year.
Is BAWARCHI INDIAN CUISINE a good franchise to buy?
FranchiseVerdict rates BAWARCHI INDIAN CUISINE as a B-grade franchise with a verdict score of 63 out of 100 (higher is better). The grade is a deterministic score built from six weighted dimensions — financial health, unit economics, unit growth, scale, legal, and transparency — then calibrated against SBA loan charge-off rates and FDD age. Transparency is one of the six, so a filing that discloses less scores lower on that dimension than one that discloses more. 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.