FranchiseVerdict
Sigri Indian BBQ logo
FV-02320·CAUTIONExcellent81

Sigri Indian BBQ

Food & Beverage - Quick ServiceFranchising since 2025Website
Investment
$201K – $481K
34th pct Quick Service
Avg revenue
60th pct Quick Service
Royalty
6.0%
46th pct Quick Service
Units
2
9th pct Quick Service
SBA default

Bottom line

  • Total investment $201K – $481K including a $35K franchise fee, 6.0% ongoing royalty.
  • No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
  • Rated CAUTION with a risk score of 72/100.
  • No 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

Legal entity
Sigri Franchise LLC
Parent company
Craveworthy LLC
Incorporated in
Nevada
HQ
755 Schneider Drive, South Elgin, Illinois 60177
Auditor
MUHAMMAD ZUBAIRY, CPA PC
Audited financials

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 Sigri Indian BBQ 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: qsr
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $201K–$481K
Working capital
$
FDD reports $20K–$30K

Unlevered ROIC · per unit

28%

Below typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$101K
EBITDA margin
13.5%
Total invested
$366K
Payback
43 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 fast-casual or sit-down Indian BBQ restaurants featuring grilled Indian cuisine, likely managing food preparation, table service, inventory, staffing, and customer operations. Daily responsibilities include kitchen operations, vendor coordination, and P&L management for a single-unit (or potentially multi-unit) location within their protected territory.

CEO
Gregg Majewski
Founded
2023
FDD year
2025
States available
1

Item 7 · what it costs

The Vitals

Total investment
$201K – $481K
All-in to open one unit
Liquid capital
$20K – $30K
Cash you must have on hand
Franchise fee
$35K
Royalty
6.0%
Gross Revenue · typical 6–8%
Ad fund
2.5%
typical 3–5%
Total fee load
8.5%
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
2
Opened
0
Last reporting year
Closed
0
Turnover rate
0.0%
Company-owned
2
Corporate units in the system
% franchised
0%
vs corporate-owned
Multi-unit owners
1.0%
2023
0±0
Franchised units
2024
0
Franchised units
2025
0
Franchised units

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

Item 20 · 20 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 · 20 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

72
Risk · 0-100
CAUTION72 / 100

Sigri Indian BBQ is a nascent, financially opaque franchise system with only 2 units, undisclosed profitability, a Going Concern issue, and an investment range that demands performance data the franchisor refuses to provide.

Score breakdown · what drove the 72 / 100 rating

  1. 01MINOROnly 2 operating units suggests an extremely young or stagnant franchise system with no demonstrated scalability
  2. 02MINORNo average revenue or net income disclosure (Item 19) prevents ROI validation and raises transparency concerns
  3. 03HIGHGoing Concern status is False, indicating potential financial instability at the franchisor level
  4. 04MEDHigh investment range ($200,950–$480,833) combined with undisclosed profitability metrics creates severe ROI uncertainty
  5. 05MINOR6% royalty on gross revenue (not net) means franchisees pay regardless of profitability
  6. 06MEDExtremely limited franchisee base (2 units) provides no meaningful performance benchmarks or peer support network
  7. 07HIGHNo disclosed litigation is positive, but minimal unit count limits the statistical relevance of this metric

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
10 years
Renewal term
10 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
Yes
Jury trial waiver
Yes
Non-compete
2 yrs
Post-termination restriction
Owner-operator
Optional
Governing law
Nevada

Item 11

Training & Operations

Classroom training
23 hrs
On-the-job training
56 hrs
POS system
Toast POS
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

26 numbers

Locked
(847) 608-••••
Sigri Franchise LLC is located at
IL
(860) 240-••••
CT
(518) 473-••••
NY

One-time purchase · CSV download · Validation questions included

FDD download

Sigri Indian BBQ · FDD (2025) PDF

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