FranchiseVerdict
World Famous Meats logo
FV-02998·MODERATEExcellent81

World Famous Meats

Food & Beverage - Full ServiceFranchising since 2023Website
Investment
$255K – $308K
27th pct Full Service
Avg revenue
57th pct Full Service
Royalty
4.0%
6th pct Full Service
Units
1
3rd pct Full Service
SBA default

Bottom line

  • Total investment $255K – $308K including a $25K franchise fee, 4.0% ongoing royalty.
  • No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
  • Rated MODERATE with a risk score of 67/100.
  • 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
World Famous Meats Franchising, Inc.
Incorporated in
Illinois
HQ
9 North Meadow Court, South Barrington, IL 60010
Auditor
Anil Malhotra & Co Ltd
Audited financials
Franchisor revenue
$0
Most recent fiscal year
⚠ Going-concern note
Disclosed in FDD 2023
Status as of 2023; may have been resolved in a later filing we don't yet have.

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 World Famous Meats 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: $255K–$308K
Working capital
$
FDD reports $15K–$25K

Unlevered ROIC · per unit

42%

In Yale's "attractive" band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$128K
EBITDA margin
17.0%
Total invested
$301K
Payback
28 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 a specialty meat retail and/or prepared food establishment, likely focusing on premium, 'world famous' meat products (butchery, BBQ, steakhouse, or similar). Day-to-day operations include inventory management, food preparation/curing, customer service, and retail sales in a protected territory.

CEO
Subhakar Velaga
Founded
2022
FDD year
2023
States available
1

Item 7 · what it costs

The Vitals

Total investment
$255K – $308K
All-in to open one unit
Liquid capital
$15K – $25K
Cash you must have on hand
Franchise fee
$25K
Royalty
4.0%
Percentage of Gross Revenues · typical 6–8%
Ad fund
2.0%
typical 3–5%
Total fee load
6.0%
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 · 18 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 · 18 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

67
Risk · 0-100
MODERATE67 / 100

Unproven single-unit franchise with no financial transparency, undisclosed unit economics, and no evidence of franchisee success — investment thesis relies entirely on franchisor promises rather than demonstrated results.

Score breakdown · what drove the 67 / 100 rating

  1. 01MINOROnly 1 franchise unit operating — no proven system scalability or franchisee success track record
  2. 02MINORNo Item 19 financial disclosure — cannot verify average unit economics, profitability, or revenue claims
  3. 03MINORHigh initial investment ($255k-$307k) with unvalidated ROI potential and no performance benchmarks
  4. 04MINORLack of multi-unit growth demonstrates no demonstrated franchise model traction or market demand
  5. 05MINOR4% royalty structure appears competitive but meaningless without knowing actual gross revenues franchisees achieve
  6. 06MINORInsufficient data on franchisor support, training, and operational systems for a meat-based food business

Severity inferred from the FDD text · not a regulatory classification

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

Contract & Territory Detail

Territory
Geographic region
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
Yes
Non-compete
2 yrs
Post-termination restriction
Owner-operator
Optional
Governing law
Illinois

Item 11

Training & Operations

Classroom training
12 hrs
On-the-job training
31 hrs
POS system
Square
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

19 numbers

Locked
(517) 373-••••
MI
(317) 232-••••
IN
(410) 576-••••
MD

One-time purchase · CSV download · Validation questions included

FDD download

World Famous Meats · FDD (2023) PDF

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