HOCCO The Indian Kitchen Franchise Cost, Revenue & Review 2026
Data from FDD filing
Analysis by FranchiseVerdict Research · Methodology
HOCCO The Indian Kitchen is a restaurant franchise serving authentic Indian cuisine. Franchisees run the restaurants, managing the kitchen, service, and staffing.
FranchiseVerdict summary · 2026
A HOCCO The Indian Kitchen franchise requires a total initial investment of $421K – $1.0M, including a $30K franchise fee and an ongoing 6.0% royalty[2]. The 2025 FDD does not disclose unit-level revenue (no Item 19). FranchiseVerdict grade: D (Below average), an editorial assessment, not investment advice. Run a live ROI scan →
Data last verified · figures per the 2025 FDD issuance
Overview
- Investment
- $421K – $1.0M
- 68th pct Service Resta…
- Avg gross sales
- N/A
- 1 outlet
- Royalty
- 6.0%
- 46th pct Service Resta…
- Units
- 1
- 3rd pct Service Resta…
- SBA charge-off
- N/A
Quick verdict · Quick-Service Restaurants · color = vs category peers
Green = favorable by >10% vs Quick-Service Restaurants avg · 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 $421K – $1.0M including a $30K franchise fee, 6.0% ongoing royalty.
- RETURNSAudited financial statements (Ingenious Foods Franchising LLC and Hocco Foods USA LLC, as of December 31, 2024) are included in Exhibit B as scanned images; no figures are extractable from the document text. Franchisor was formed May 1, 2023 and has not been in business three or more years.
- RISKVerdict D (Below average), verdict score 34/100 (higher is better).
- DATANo Item 19 financial performance representation. Without franchisor-disclosed revenue data, you'll need to gather unit economics directly from existing franchisees.
Item 1 · who you're contracting with
The Franchisor
Corporate structure & franchisor financials
- Legal entity
- Ingenious Foods Franchising LLC
- Parent company
- Hocco Foods USA LLC (HFU) - master franchisor
- Predecessor
- HRPL Restaurants Private Limited
- Prior franchisor entity
- CEO title
- Partner
- Fenil Patel
- Incorporated in
- VA
- HQ
- 943 J Clyde Morris Blvd., Newport News, Virginia 23601
- Auditor
- Kezos & Dunlavy
- Audited financials
- Franchisor revenue
- $0
- Most recent fiscal year
Affiliated brands
- does not offer franchises in any line of business
- company
- operates one
- PRISH
Other brands the franchisor or its parent operates (Item 1).
Overview
About
- CEO
- Fenil Patel
- Headquarters
- VA
- Founded
- 2023
- FDD year
- 2025
- States available
- 0
Can you afford it, and what does the money buy?
Entry cost runs 10% above the typical quick-service restaurants franchise.
Source: FDD 2025 · Items 5–7
FDD Item 7 · 2025 filing
Initial investment breakdown
| Cost component | Low | High |
|---|---|---|
| Initial franchise fee | $30K | $30K |
| Working capital (3–6 mo) | $25K | $40K |
| Equipment, build-out, other | $366K | $963K |
| Total initial investment | $421K | $1.0M |
Source: HOCCO The Indian Kitchen 2025 FDD, Items 5 and 7[2]. “Equipment, build-out, other” is computed as total minus disclosed line items above.
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $421K – $1.0M
- Bottom third — review vs category
- Liquid capital req'd
- $25K – $40K
- Middle of category vs category
- Franchise fee
- $30K – $30K
- Top 40% of category vs category
- Royalty
- 6.0%
- percentage · 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 | 6.0% of gross sales |
| Marketing / ad fund | 2.0% of gross sales |
| Technology fee | $0 |
| Training fee | $5K |
| Transfer fee | $10K |
| Renewal fee | $15K |
| Inventory (initial) | $31K – $63K |
| Total fee load | 8.0% of rev |
ROI & LBO modelsSingle-unit · 25-unit portfolio · editable
HOCCO The Indian Kitchen did not disclose financial performance in FDD Item 19. The ROIC and return models require Item 19 revenue. Without it all inputs are estimates. You can still run the calculator with your own assumptions by entering an expected revenue figure.
Returns model · single-unit ROIC
What would one HOCCO The Indian Kitchen unit return on the cash you put in?
Unlevered ROIC · per unit
Estimated return on your total franchise investment, before any debt financing.
14%
Below the 30–60% attractive-franchise band
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: 2025 FDD
Financial Performance
Audited financial statements (Ingenious Foods Franchising LLC and Hocco Foods USA LLC, as of December 31, 2024) are included in Exhibit B as scanned images; no figures are extractable from the document text. Franchisor was formed May 1, 2023 and has not been in business three or more years.
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 Quick-Service Restaurants average).
Disclosure
Franchisor chose not to disclose financial performance representations. You will need to gather unit economics directly from existing franchisees.
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 Quick-Service Restaurants averages
How HOCCO The Indian Kitchen Compares
Is the system healthy?
Source: FDD 2025 · Item 20
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 1
- 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
- 1
- Corporate units in the system
- % franchised
- 0%
- vs corporate-owned
3-year detail · Item 20
- Opened (3yr)
- 0
- Closed (3yr)
- 0
- Terminated (3yr)
- 0
- Non-renewed (3yr)
- 0
- Transfers (3yr)
- 0
- Reacquired (3yr)
- 0
- Franchisor bought back
- Projected new
- 1
- Franchisor's next-year forecast
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
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
HOCCO presents extreme risk as a single-unit franchise system with no demonstrated financial performance data, questionable going concern status, and no track record of franchisee success.
Litigation (Item 3)
No litigation required to be disclosed for either IFF or HFU.
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · Kezos & Dunlavy
Supplier relationship · Items 8 & 16
- Franchisor sells you products: Yes
- Must buy proprietary products: Yes
- Restricted to system-approved products: Yes
Score breakdown · what drove the 34 / 100 verdict
- 01MINOROnly 1 unit in system with unknown growth trajectory indicates minimal proven scalability and franchise model validation
- 02HIGHGoing Concern status is FALSE — suggests potential financial instability or operational viability questions at corporate level
- 03MEDNo disclosed average revenue or net income (no Item 19) prevents ROI validation and comparison to $421k-$1.03M investment range
- 04MED6% royalty on undisclosed revenue base creates uncertainty about actual franchisor financial sustainability
- 05MINOR10-year term locks franchisees into relationship with unproven single-unit system with no exit flexibility
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 2025 · Items 11, 12, 17
FDD Items 12, 15, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 10 years |
|---|---|
| Renewal term | 5 years |
| Allowed renewalsℹ | 1 |
| Territory type | protected |
| Protected territory | Yes |
| Exclusive territoryℹ | No |
| Territory radius | 1 mi |
| Online sales rightsℹ | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Optional |
| Non-compete (years)ℹ | 2 years |
| Non-compete (miles)ℹ | 10 mi |
| Right of first refusalℹ | Yes |
| RoFR response window | 30 days |
| Transfer requires consent | Yes |
| Termination notice | 30 days |
| Curable defaultsℹ | 3 |
| Mandatory arbitration | Yes |
| Arbitration location | Virginia Beach, Virginia |
| Jury trial waiver | Yes |
| Governing law | VA |
| Litigation count | 0 |
View Item 3 litigation summary
No litigation required to be disclosed for either IFF or HFU.
Items 10, 11
Training & Operations
- Classroom training
- 5 hrs
- On-the-job training
- 33 hrs
- Training location
- Virtual or Chesapeake, Virginia or franchisee's HOCCO location
- Ongoing training
- Required
- Time to open
- 7 mo
- From signing to launch
- Site selection
- Franchisee with franchisor approval
- Franchisor financing
- Not offered
- Item 10
Items 5 & 11
Franchisor Support
Item 20 · call current owners
Franchisee Contacts
2 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
HOCCO The Indian Kitchen · FDD (2025) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a HOCCO The Indian Kitchen franchise?
The total investment to open a HOCCO The Indian Kitchen franchise ranges from $421K – $1.0M, with an initial franchise fee of $30K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do HOCCO The Indian Kitchen franchise owners earn?
HOCCO The Indian Kitchen does not disclose average franchise owner earnings in their FDD Item 19. Not all franchisors are required to make financial performance representations. We recommend asking existing franchisees directly about their financial experience.
What is Item 19 in the HOCCO The Indian Kitchen 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 HOCCO The Indian Kitchen FDD and qualifies whose outlets they describe.
What is HOCCO The Indian Kitchen's franchise failure rate?
SBA 7(a) loan charge-off data is not available for HOCCO The Indian Kitchen (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 HOCCO The Indian Kitchen franchise locations are there?
As of their most recent FDD filing, HOCCO The Indian Kitchen has 1 total units in the United States, including 0 franchised units and 1 company-owned units.
Is HOCCO The Indian Kitchen a good franchise to buy?
FranchiseVerdict rates HOCCO The Indian Kitchen as a D-grade franchise with a verdict score of 34 out of 100 (higher is better), 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.
For franchisors
Are you the franchisor?
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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.