FranchiseVerdict
The Yellow Chilli logo
FV-02727·CAUTIONExcellent81

The Yellow Chilli

Food & Beverage - Full ServiceFranchising since 2001Website
Investment
$238K – $977K
25th pct Full Service
Avg revenue
57th pct Full Service
Royalty
6.0%
54th pct Full Service
Units
5
26th pct Full Service
SBA default

Bottom line

  • Total investment $238K – $977K including a $75K 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 70/100.
  • Auditor disclosed a going-concern note — flagged doubt about the franchisor's ability to continue operations. Verify against the latest FDD.

Item 1 · who you're contracting with

The Franchisor

Legal entity
SK Restaurants Pvt. Ltd.
Incorporated in
India
HQ
C-18 Dalia Estate, Near Fun Republic, Andheri Link Road, Andheri (W), Mumbai, India 400053
Auditor
Stalwart CPA Services LLC
Audited financials
Franchisor revenue
$320K
vs $387K prior year
⚠ Going-concern note
Disclosed in FDD 2025
Auditor flagged doubt about continued operations. Verify against the latest FDD before deciding.

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 Yellow Chilli 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: generic
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $238K–$977K
Working capital
$
FDD reports $75K–$100K

Unlevered ROIC · per unit

17%

Below typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$120K
EBITDA margin
16.0%
Total invested
$695K
Payback
70 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

The Yellow Chilli is an Indian casual dining franchise where franchisees operate restaurant locations serving Indian cuisine. Day-to-day operations involve managing kitchen staff, sourcing ingredients, managing front-of-house service, maintaining consistency with brand standards, and handling P&L while paying 6-7.5% royalties to the franchisor.

CEO
Sanjeev Kapoor
Founded
2010
FDD year
2025
States available
3

Item 7 · what it costs

The Vitals

Total investment
$238K – $977K
All-in to open one unit
Liquid capital
$75K – $100K
Cash you must have on hand
Franchise fee
$75K
Royalty
6.0%
Gross Sales · typical 6–8%
Ad fund
1.0%
typical 3–5%
Total fee load
7.0%
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
5
Opened
0
Last reporting year
Closed
0
Turnover rate
0.0%
Company-owned
0
Corporate units in the system
% franchised
100%
vs corporate-owned
Net growth (yr3)
+0.0%
Net unit change last year
3-yr CAGR
+0.0%
Compounded over last 3 years
2023
5±0
Franchised units
2024
5
Franchised units
2025
5
Franchised units

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

Item 20 · 7 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 · 7 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

70
Risk · 0-100
CAUTION70 / 100

Micro-brand with litigation history, regulatory penalties, zero financial transparency, unprotected territory, and stagnant unit growth presents high abandonment and profitability risk.

Score breakdown · what drove the 70 / 100 rating

  1. 01MINOROnly 5 operating units with unknown growth trajectory suggests stagnant or declining system
  2. 02HIGHLitigation history: Rs. 1 crore (~$120k) settlement for unfair franchise sales practices plus California regulatory penalty indicates systemic compliance issues
  3. 03MEDNo financial disclosure (average revenue/net income) prevents ROI validation; franchise fee of $75k with 6-7.5% royalties on undisclosed sales creates opacity
  4. 04MINORUnprotected territory exposes franchisees to brand cannibalization and direct competition from other franchisees
  5. 05MINORHigh investment range ($238k-$977k) with minimal unit count suggests poor unit economics or high capital requirements without proven returns
  6. 06HIGH10-year term locks franchisees into relationship with franchisor with litigation history

Severity inferred from the FDD text · not a regulatory classification

FDD Items 5, 6, 12, 17 · continued from Risk & Legal

Contract & Territory Detail

Protected territory
No
Initial term
10 years
Renewal term
10 years
Online sales rights
Restricted
Franchisor can compete
Yes
Hire a manager?
Allowed
Litigation count
2
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
Required
Governing law
Republic of India

Item 11

Training & Operations

Classroom training
24 hrs
On-the-job training
96 hrs
POS system
approved POS system
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

10 numbers

Locked
(410) 576-••••
Baltimore, Maryland
MD
(415) 948-••••
GA
(425) 444-••••
CA

One-time purchase · CSV download · Validation questions included