FranchiseVerdict
Go Go Curry logo
FV-01062·MODERATEExcellent91

Go Go Curry

Food & Beverage - Quick ServiceFranchising since 2017Website
Investment
$285K – $676K
58th pct Quick Service
Avg revenue
$480K
7th pct Quick Service
Royalty
6.0%
46th pct Quick Service
Units
9
27th pct Quick Service
SBA default

Bottom line

  • Total investment $285K – $676K including a $49K franchise fee, 6.0% ongoing royalty.
  • Average unit revenue of $480K/year (median $457K). Estimated payback in 6.4 years.
  • Rated MODERATE with a risk score of 57/100.
  • 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
55 Curry Franchising LLC
Parent company
Smile & Hospitality, Inc.
Incorporated in
New York
HQ
28-07 Jackson Ave., Long Island City, New York 11101
Auditor
Keiser Giordano CPAs, P.C.
Audited financials
Franchisor revenue
$51K
vs $80K prior year
⚠ Going-concern note
Disclosed in FDD 2023
Status as of 2023; 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 Go Go Curry unit return on the cash you put in?

Revenue · per unit, per year
$
FDD Item 19 reports $480,058
Franchisor take · royalty + ad fund
Royaltytyp 68%
%
Ad fundtyp 35%
%
Operating costs · category default: qsr
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $285K–$676K
Working capital
$
FDD reports $33K–$80K

Unlevered ROIC · per unit

13%

Below typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$67K
EBITDA margin
14.0%
Total invested
$537K
Payback
96 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 Go Go Curry units return on equity?

Edit assumptions

Equity IRR · 5-yr

49.9%

7.57× MOIC

Year-1 DSCR

1.88×

EBITDA ÷ debt service

Equity required

$672K

on $3.4M purchase

Total debt

$2.7M

SBA $1.7M + senior + seller note

Overview

About

Go Go Curry franchisees operate quick-service Japanese curry restaurants, managing daily food preparation, customer service, and order fulfillment in fast-casual settings. Franchisees oversee staffing, inventory, and POS systems while adhering to standardized recipes and brand operations. Daily responsibilities include food cost management, kitchen operations, and customer experience delivery in a high-volume, margin-sensitive restaurant environment.

CEO
Tomoko Omori
Founded
2017
FDD year
2023
States available
2

Item 7 · what it costs

The Vitals

Total investment
$285K – $676K
All-in to open one unit
Liquid capital
$33K – $80K
Cash you must have on hand
Franchise fee
$49K
Royalty
6.0%
Gross Revenues · typical 6–8%
Ad fund
2.0%
typical 3–5%
Total fee load
8.0%
vs 9–13% typical
Payback period
6.4 yrs
From v3 / Item 19

Item 19

Financial Performance

Avg gross sales
$480K
Per unit, per year
Median gross sales
$457K
Item 19 type
Corporate
Sample size
6 units
vs category median 37 · small
Range (low → high)
$319K$681K
Cohort dispersion
Transparency
9 / 5
vs category median 4 / 5 · above
Revenue rank7th
vs Food & Beverage - Quick Service peers
Investment cost rank58th
Lower investment ranks lower (better)
Royalty rate rank46th
Lower royalty = lower percentile (better)
Unit count rank27th
vs Food & Beverage - Quick Service peers
Risk score rank38th
Lower risk = lower percentile (better)

Item 20 · unit dynamics

The Growth Chart

Total units
9
Opened
1
Last reporting year
Closed
1
Turnover rate
11.1%
Company-owned
6
Corporate units in the system
% franchised
33%
vs corporate-owned
Multi-unit owners
1.0%
Net growth (yr3)
+0.0%
Net unit change last year
3-yr CAGR
+50.0%
Compounded over last 3 years
2021
3-1
Franchised units
2022
3
Franchised units
2023
2
Franchised units

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

Item 20 · 11 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 · 11 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

57
Risk · 0-100
MODERATE57 / 100

Go Go Curry presents moderate-to-cautionary risk: unprotected territory, minimal growth, unvalidated financials, and tight unit economics that favor the franchisor over franchisees.

Score breakdown · what drove the 57 / 100 rating

  1. 01MINORUnprotected territory creates direct competition risk and customer cannibalization with only 9 existing units
  2. 02MINORMinimal unit growth (9 units) suggests weak franchisee recruitment, satisfaction, or brand traction despite operating history
  3. 03MINORHigh initial investment ($284k-$675k) paired with modest average net income ($74.7k) yields 3.5-9 year payback period with significant downside risk
  4. 04MEDNo Item 19 financial performance data disclosed — cannot validate claimed averages or assess franchisee success distribution
  5. 05MINOR6% royalty on $480k average revenue = $28.8k annual fees, consuming 38.5% of average net income and limiting franchisee profitability

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
No
Initial term
10 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
New York

Item 11

Training & Operations

Classroom training
53 hrs
On-the-job training
114 hrs
POS system
Toast
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

15 numbers

Locked
(917) 789-••••
The franchisor is
NY
(317) 232-••••
IN
(401) 222-••••
RI

One-time purchase · CSV download · Validation questions included

FDD download

Go Go Curry · FDD (2023) PDF

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