FranchiseVerdict
Tandoori Pizza logo
FV-02554·MODERATEExcellent81

Tandoori Pizza

Food & Beverage - PizzaFranchising since 2023Website
Investment
$374K – $659K
73rd pct Pizza
Avg revenue
46th pct Pizza
Royalty
Units
1
0th pct Pizza
SBA default
0.0%
vs <3% typical

Bottom line

  • Total investment $374K – $659K including a $30K franchise fee.
  • No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
  • Rated MODERATE with a risk score of 66/100. SBA loan default rate of 0.0% across 169 loans (below the industry average).
  • 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
Tandoori Pizza Franchising Corp
Incorporated in
California
HQ
3406 Ashbourne Circle, San Ramon, California 94583
Auditor
LWA LLP
Audited financials
Franchisor revenue
$0
Most recent fiscal year

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 Tandoori Pizza 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: restaurant
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $374K–$659K
Working capital
$
FDD reports $15K–$30K

Unlevered ROIC · per unit

15%

Below typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$79K
EBITDA margin
10.5%
Total invested
$539K
Payback
82 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

Tandoori Pizza franchisees operate quick-service restaurant locations serving Indian-spiced pizza and related cuisine. Daily operations include food preparation, inventory management, customer service, and staff supervision in a dine-in or delivery-focused model. Franchisees are responsible for all local marketing, hiring, and P&L management within their protected territory.

CEO
Tejinder Singh
Founded
2022
FDD year
2023
States available
1

Item 7 · what it costs

The Vitals

Total investment
$374K – $659K
All-in to open one unit
Liquid capital
$15K – $30K
Cash you must have on hand
Franchise fee
$30K
Royalty
Greater of 6.5% of Gross Sales or $600 per week
Ad fund
1.5%
typical 3–5%
Total fee load
8.0%
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
1
Opened
0
Last reporting year
Closed
0
Turnover rate
0.0%
Company-owned
1
Corporate units in the system
% franchised
0%
vs corporate-owned
2021
0±0
Franchised units
2022
0
Franchised units
2023
0
Franchised units

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

Item 20 · 12 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 · 12 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.

Total loans
169
Loan volume
Avg loan
Default rate
0.0%
vs <3% typical · system-wide
5-yr default

FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17

Risk & Legal

66
Risk · 0-100
MODERATE66 / 100

Single-unit franchise with undisclosed unit economics, no Item 19 data, and apparent franchisor going concern issues presents extreme risk for franchisee capital deployment.

Score breakdown · what drove the 66 / 100 rating

  1. 01MINOROnly 1 unit in entire system indicates brand has failed to scale or franchisees have exited
  2. 02MINORNo average revenue or net income disclosure (Item 19) prevents ROI validation and suggests weak unit economics
  3. 03HIGHGoing Concern status is FALSE, indicating potential financial instability or operational uncertainty at franchisor level
  4. 04MINORHigh investment range ($373-659K) combined with unknown profitability creates significant downside risk
  5. 05MINORMinimum royalty of $600/week ($31,200 annually) is aggressive floor on unknown revenue base

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
No
Jury trial waiver
No
Non-compete
2 yrs
Post-termination restriction
Owner-operator
Required
Governing law
California

Item 11

Training & Operations

Classroom training
21 hrs
On-the-job training
44 hrs
POS system
Adora 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

16 numbers

Locked
(317) 232-••••
IN
(410) 576-••••
MD
(217) 782-••••
IL

One-time purchase · CSV download · Validation questions included

FDD download

Tandoori Pizza · FDD (2023) PDF

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