The Kati Roll Company
Formerly known as The Krystal Restaurant Company
Bottom line
- Total investment $395K – $830K including a $40K franchise fee, 6.0% ongoing royalty.
- Average unit revenue of $1.7M/year.
- Rated MODERATE with a risk score of 63/100. SBA loan default rate of 0.0% across 2 loans (below the industry average).
- Emerging franchise — only 2 years of franchising with 4 units. Early-stage systems carry higher risk but may offer better territory availability.
Item 1 · who you're contracting with
The Franchisor
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 The Kati Roll Company unit return on the cash you put in?
Unlevered ROIC · per unit
40%
In Yale's "attractive" band (30–60%)
Levered LBO scenario · Yale Crease Capital framing
What would 25 The Kati Roll Company units return on equity?
Equity IRR · 5-yr
36.4%
4.72× MOIC
Year-1 DSCR
2.26×
EBITDA ÷ debt service
Equity required
$4.6M
on $13.7M purchase
Total debt
$9.1M
SBA $5.0M + senior + seller note
Overview
About
Franchisees operate fast-casual Indian street food restaurants specializing in kati rolls (grilled flatbread wraps with meat/vegetables). Day-to-day operations include food preparation, inventory management, customer service, and maintaining branded standards across a limited menu format in quick-service environments.
Item 7 · what it costs
The Vitals
Item 19
Financial Performance
Item 20 · unit dynamics
The Growth Chart
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 16 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).
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.
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Extreme caution warranted: a 4-unit micro-franchise with undisclosed unit economics, questionable franchisor going concern status, and insufficient operating history to validate franchisee ROI potential.
Score breakdown · what drove the 63 / 100 rating
- 01MEDOnly 4 units in entire system indicates severely limited scale and unproven franchisee success model
- 02MEDNet income not disclosed in FDD Item 19 prevents ROI validation and suggests weak unit economics
- 03HIGHGoing Concern status is FALSE, raising questions about franchisor financial stability and long-term viability
- 04MEDWide investment range ($394.5K-$830K) with no disclosed average unit volume creates uncertainty in break-even timeline
- 05MINOR6% royalty on $1.71M average revenue = $102.7K annual fees with unknown profitability threshold
Severity inferred from the FDD text · not a regulatory classification
FDD Items 5, 6, 12, 17 · continued from Risk & Legal
Contract & Territory Detail
Item 11
Training & Operations
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
18 numbers
One-time purchase · CSV download · Validation questions included
FDD download
The Kati Roll Company · FDD (2025) PDF