Peri Peri Original or Kallisto Steakhouse — Litigation & Risk

1. 01HIGHGoing concern status is FALSE — indicates the franchisor may be financially unstable or operationally at risk
2. 02MINORZero operating units with unknown growth trajectory — no proven system, no reference franchisees, impossible to validate concept
3. 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
4. 04MEDHigh investment range ($242K–$737K) with no disclosed average revenue or net income — impossible to calculate ROI or payback period
5. 05MED6% royalty on undisclosed revenue streams creates hidden cost structure; franchisees cannot model profitability
6. 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 FDD text — not a regulatory or legal classification