Peri Peri Original or Kallisto Steakhouse Franchise Cost, Revenue & Review 2026
Data from FDD filing
Analysis by FranchiseVerdict Research · Methodology
Peri Peri Original / Kallisto Steakhouse is a casual-dining franchise serving flame-grilled peri-peri chicken and steakhouse fare. Franchisees run the restaurants, managing the kitchen, service, and staffing.
FranchiseVerdict summary · 2026
A Peri Peri Original or Kallisto Steakhouse franchise requires a total initial investment of $242K – $737K 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
- $242K – $737K
- 10th pct Service Resta…
- Avg gross sales
- N/A
- 0 outlets
- Royalty
- 6.0%
- 24th pct Service Resta…
- Units
- 0
- 0th 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 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 $242K – $737K, 6.0% ongoing royalty.
- RETURNSAudited financial statements consist solely of an opening/startup balance sheet as of January 11, 2025 (PPO Franchising Corp., a Virginia corporation formed November 2024). No income statement or statement of operations is included, so there is no reported revenue or net income. Total assets $50,000 (cash); total liabilities $0; total stockholders' equity $50,000 (common stock $100, paid-in capital $49,900, retained earnings $0). Auditor: Smith, Buzzi & Associates, LLC (Miami, FL); opinion dated January 14, 2025.
- RISKVerdict D (Below average), verdict score 31/100 (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
- PPO Franchising Corp.
- CEO title
- CEO
- Muhammad Abbasi
- Incorporated in
- VA
- HQ
- 24876 Helms Terrace, Aldie, VA 20105
- Auditor
- Smith, Buzzi & Associates, LLC
- Audited financials
- Franchisor revenue
- $0
- Most recent fiscal year
Affiliated brands
- Crunchy Bite
- Original DMV
Other brands the franchisor or its parent operates (Item 1).
Overview
About
- CEO
- Muhammad Abbasi
- Headquarters
- VA
- Founded
- 2024
- FDD year
- 2025
- States available
- 2
Can you afford it, and what does the money buy?
Entry cost runs 58% below the typical full-service restaurants franchise.
Source: FDD 2025 · Items 5–7
FDD Item 7 · 2025 filing
Initial investment breakdown
| Cost component | Low | High |
|---|---|---|
| Equipment, build-out, other | $242K | $737K |
| Total initial investment | $242K | $737K |
Source: Peri Peri Original or Kallisto Steakhouse 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
- $242K – $737K
- Top 40% of category vs category
- Liquid capital req'd
- N/A
- Cash you must have on hand
- Franchise fee
- N/A
- Paid to franchisor at signing
- Royalty
- 6.0%
- percentage · typical 6–8%
- Ad fund
- 1.5%
- typical 3–5%
- Total fee load
- 7.5%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 6.0% of gross sales |
| Marketing / ad fund | 1.5% of gross sales |
| Technology fee | $50 |
| Training fee | $500 |
| Transfer fee | $10K |
| Renewal fee | $5K |
| Total fee load | 7.5% of rev |
ROI & LBO modelsSingle-unit · 25-unit portfolio · editable
Peri Peri Original or Kallisto Steakhouse 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 Peri Peri Original or Kallisto Steakhouse 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 consist solely of an opening/startup balance sheet as of January 11, 2025 (PPO Franchising Corp., a Virginia corporation formed November 2024). No income statement or statement of operations is included, so there is no reported revenue or net income. Total assets $50,000 (cash); total liabilities $0; total stockholders' equity $50,000 (common stock $100, paid-in capital $49,900, retained earnings $0). Auditor: Smith, Buzzi & Associates, LLC (Miami, FL); opinion dated January 14, 2025.
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 7.5% (near the Full-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 Full-Service Restaurants averages
How Peri Peri Original or Kallisto Steakhouse Compares
Is the system healthy?
Source: FDD 2025 · Item 20
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 0
- 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)
- Company-owned
- 0
- Corporate units in the system
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
- Continuity rate
- 85.7%
- Units that stayed open
- Termination rate
- 25.0%
- Franchisor-initiated terminations
- Ceased ops
- 50.0%
- Units that stopped operating
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 12 · 2 states reported
The Territory Map
FDD Item 12 reports the state count, but the specific list isn't in our current data. The map will appear once we re-extract from the FDD or enough franchisee contacts are available.
2
states with franchisees (per FDD Item 12)
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
Zero-unit franchise with regulatory violations, going concern status, and zero financial transparency presents extreme risk of system collapse, franchisor insolvency, or failed restaurant concept with no operational track record.
Litigation (Item 3)
Three administrative proceedings: (1) MD Securities Commissioner Case 2024-0475 against affiliates Original DMV Inc. and Crunchy Bite LLC for failing to comply with MD Franchise Laws; consent order Oct 29, 2025, civil penalty $5,000; (2) MD Securities Commissioner Case 2024-0476 against affiliates Crunchy Bite, Original DMV, and Nash & Smash; consent order Apr 2, 2025, civil penalty $1,500; (3) Virginia SCC Sec-2025-00008 against affiliates for failing to comply with VA Retail Franchising Act; settlement order Apr 20, 2025, civil penalty $5,000.
Largest disclosed settlement: $5,000
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · Smith, Buzzi & Associates, LLC
Supplier relationship · Items 8 & 16
- Franchisor sells you products: Yes
- Kickbacks from required suppliers: Yes
- Must buy proprietary products: No
- Restricted to system-approved products: Yes
Score breakdown · what drove the 31 / 100 verdict
- 01HIGHGoing concern status is FALSE — indicates the franchisor may be financially unstable or operationally at risk
- 02MINORZero operating units with unknown growth trajectory — no proven system, no reference franchisees, impossible to validate concept
- 03MEDHistory of regulatory violations across multiple affiliate entities (Maryland Securities Commissioner and Virginia State Corporation Commission) for unlicensed franchise offerings and failure to register — suggests compliance culture issues
- 04MEDHigh investment range ($242K–$737K) with no disclosed average revenue or net income — impossible to calculate ROI or payback period
- 05MED6% royalty on undisclosed revenue streams creates hidden cost structure; franchisees cannot model profitability
- 06HIGHLitigation settlement orders required rescission offers, indicating prior franchisees/licensees may have had grounds to exit — questions about viability of existing model
Severity inferred from the FDD text · not a regulatory classification
What are you signing up for?
Ongoing fees run about 7.5% 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 | 10 years |
| Territory type | exclusive |
| Protected territory | Yes |
| Exclusive territoryℹ | Yes |
| Online sales rights | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Required |
| Non-compete (years)ℹ | 2 years |
| Non-compete (miles)ℹ | 25 mi |
| Right of first refusalℹ | Yes |
| Transfer requires consent | Yes |
| Termination notice | 30 days |
| Termination groundsℹ | 3 |
| Curable defaultsℹ | 3 |
| Mandatory arbitration | Yes |
| Arbitration location | Virginia (near franchisor headquarters in Aldie, VA) |
| Jury trial waiver | Yes |
| Governing law | VA |
| Litigation count | 3 |
View Item 3 litigation summary
Three administrative proceedings: (1) MD Securities Commissioner Case 2024-0475 against affiliates Original DMV Inc. and Crunchy Bite LLC for failing to comply with MD Franchise Laws; consent order Oct 29, 2025, civil penalty $5,000; (2) MD Securities Commissioner Case 2024-0476 against affiliates Crunchy Bite, Original DMV, and Nash & Smash; consent order Apr 2, 2025, civil penalty $1,500; (3) Virginia SCC Sec-2025-00008 against affiliates for failing to comply with VA Retail Franchising Act; settlement order Apr 20, 2025, civil penalty $5,000.
Items 10, 11
Training & Operations
- Classroom training
- 6 hrs
- On-the-job training
- 34 hrs
- Training location
- Affiliate outlet in Herndon, VA or other designated franchise training center
- Ongoing training
- Required
- Time to open
- 7 mo
- From signing to launch
- Franchisor financing
- Not offered
- Item 10
- POS system
- Clover POS
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: Clover POS
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a Peri Peri Original or Kallisto Steakhouse franchise?
The total investment to open a Peri Peri Original or Kallisto Steakhouse franchise ranges from $242K – $737K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do Peri Peri Original or Kallisto Steakhouse franchise owners earn?
Peri Peri Original or Kallisto Steakhouse 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 Peri Peri Original or Kallisto Steakhouse 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 Peri Peri Original or Kallisto Steakhouse FDD and qualifies whose outlets they describe.
What is Peri Peri Original or Kallisto Steakhouse's franchise failure rate?
SBA 7(a) loan charge-off data is not available for Peri Peri Original or Kallisto Steakhouse (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.
Is Peri Peri Original or Kallisto Steakhouse a good franchise to buy?
FranchiseVerdict rates Peri Peri Original or Kallisto Steakhouse as a D-grade franchise with a verdict score of 31 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
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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.