FranchiseVerdict
BAWARCHI INDIAN CUISINE logo
FV-00255·CAUTIONExcellent81FDD 2020

Bawarchi Indian Cuisine

Food & Beverage - Full ServiceFranchising since 2020Website
Investment
$310K – $889K
37th pct Full Service
Avg revenue
57th pct Full Service
Royalty
4.0%
6th pct Full Service
Units
42
69th pct Full Service
SBA default

Bottom line

  • Total investment $310K – $889K including a $50K franchise fee, 4.0% ongoing royalty.
  • No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
  • Rated CAUTION with a risk score of 70/100.
  • System growing at 90.5% CAGR over 3 years with 42 total units — strong expansion trajectory.

Item 1 · who you're contracting with

The Franchisor

Legal entity
Bawarchi Franchise LLC
Incorporated in
Texas
HQ
4940 McDermott Road, Suite #100, Plano, Texas 75024
Auditor
Ram & Associates
Audited financials
Franchisor revenue
$31K
Most recent fiscal year

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 BAWARCHI INDIAN CUISINE unit return on the cash you put in?

Revenue · per unit, per year
$
Item 19 not disclosed — typing your own estimate
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: $310K–$889K
Working capital
$
FDD reports $15K–$30K

Unlevered ROIC · per unit

18%

Below typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$113K
EBITDA margin
15.0%
Total invested
$622K
Payback
66 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.

Overview

About

Franchisees operate casual-dining Indian restaurants serving traditional cuisine (curries, breads, tandoori dishes, regional specialties). Day-to-day responsibilities include kitchen operations, front-of-house service, inventory management, staff training, local marketing, and maintaining brand standards across a protected territorial area.

CEO
Kishore Kancharla
Founded
2020
FDD year
2020
States available
19

Item 7 · what it costs

The Vitals

Total investment
$310K – $889K
All-in to open one unit
Liquid capital
$15K – $30K
Cash you must have on hand
Franchise fee
$50K
Royalty
4.0%
Gross Revenues · typical 6–8%
Ad fund
4.0%
typical 3–5%
Total fee load
8.0%
vs 9–13% typical

Item 19

Financial Performance

This franchisor did not disclose financial performance representations in Item 19, or our extractor could not parse them.

Item 20 · unit dynamics

The Growth Chart

Total units
42
Opened
9
Last reporting year
Closed
0
Turnover rate
0.0%
Company-owned
2
Corporate units in the system
% franchised
95%
vs corporate-owned
Net growth (yr3)
+29.0%
Net unit change last year
3-yr CAGR
+90.5%
Compounded over last 3 years
2018
40+10
Franchised units
2019
31
Franchised units
2020
21
Franchised units

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).

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 · 19 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

70
Risk · 0-100
CAUTION70 / 100

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.

Score breakdown · what drove the 70 / 100 rating

  1. 01MINORNo Item 19 financial disclosure (average unit volumes and net income not published) — impossible to validate ROI claims
  2. 02HIGHGoing Concern status is FALSE, indicating potential financial instability at franchisor level
  3. 03MINORRapid unit growth of 29% YoY with only 42 total units suggests aggressive expansion without proven unit economics
  4. 04MINORWide investment range ($309.5K–$888.5K spread of 187%) indicates inconsistent site costs and unclear buildout standards
  5. 05HIGHNo 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

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

Contract & Territory Detail

Territory
Radius
Protected territory
Yes
Initial term
5 years
Renewal term
5 years
Online sales rights
Restricted
Franchisor can compete
Yes
Hire a manager?
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
Texas

Item 11

Training & Operations

Classroom training
36 hrs
On-the-job training
99 hrs
POS system
Aldelo
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

40 numbers

Locked
(614) 389-••••
OH
(970) 682-••••
CO
(717) 686-••••
PA

One-time purchase · CSV download · Validation questions included

FDD download

BAWARCHI INDIAN CUISINE · FDD (2020) PDF

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