World Famous MeatsFranchise Cost, Revenue & Review 2026
Data from FDD filing
FranchiseVerdict summary · 2026
A World Famous Meats franchise requires a total initial investment of $255K – $308K, including a $25K franchise fee and an ongoing 4.0% royalty[2]. The 2023 FDD does not disclose unit-level revenue (no Item 19). Verdict grade: B. Run a live ROI scan →
Data last verified June 18, 2026 · figures per the 2023 FDD issuance
Overview
- Investment
- $255K – $308K
- 14th pct Service Resta…
- Avg gross sales
- N/A
- 28th pct Service Resta…
- Royalty
- 4.0%
- 3rd pct Service Resta…
- Units
- 1
- 2nd pct Service Resta…
- SBA default
- N/A
Quick verdict · Full-Service Restaurants · color = vs category peers
Green = >15% above Full-Service Restaurants avg · No shading = within ±15% · Red = >15% below avg · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
Started franchising in 2023. Newer systems carry more uncertainty but may offer better territories.
The franchisor's auditor raised doubt about continued operations. This is a serious risk signal.
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.
- Verdict B (Above Average) with a risk score of 59/100.
- Auditor disclosed a going-concern note, which 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
- IL
- 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.
Affiliated brands
- Famous Chicken Center
Other brands the franchisor or its parent operates (Item 1).
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
- Headquarters
- IL
- Founded
- 2022
- FDD year
- 2023
- States available
- 1
FDD Item 7 · 2023 filing · 14 line items
Initial investment breakdown
| Line item | Low | High | |
|---|---|---|---|
| Initial Franchise Feenot refundable | $25K | $25K | |
| Traveling and Living Expenses while Training | $3K | $3K | |
| Local Advertising and Marketing Fee | $8K | $10K | |
| Furniture, Fixtures, and Decor | $4K | $5K | |
| Real Property Rent and Security Deposits | $9K | $15K | |
| Leasehold Improvements | $70K | $80K | |
| Equipment and Computer Hardware, Software, and POS System | $75K | $80K | |
| Initial Inventory | $33K | $40K | |
| Signage | $5K | $7K | |
| Grand Opening Advertising | $2K | $7K | |
| Licenses, Permits, and Certifications | $2K | $3K | |
| Insurance (3 Months) | $3K | $4K | |
| Professional Fees | $3K | $5K | |
| Additional Funds (3 months) | $15K | $25K | |
| Total initial investment | $255K | $308K |
Line items extracted from FDD Item 7. Ranges reflect the franchisor's stated low and high per line. Total is the sum of line-item lows / highs — actual costs may fall outside this range depending on market and build-out scope.
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $255K – $308K
- Better than avg vs category
- Liquid capital req'd
- $15K – $25K
- Better than avg vs category
- Franchise fee
- $25K – $25K
- Better than avg vs category
- Royalty
- 4.0%
- percentage_of_gross · typical 6–8%
- Ad fund
- 2.0%
- typical 3–5%
- Total fee load
- 6.0%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 4.0% of gross sales |
| Marketing / ad fund | 2.0% of gross sales |
| Technology fee | $300 |
| Training fee | $250 |
| Transfer fee | $8K |
| Renewal fee | $8K |
| Total fee load | 6.0% of rev |
Financial Performance
This franchisor did not disclose financial performance representations in Item 19, or our extractor could not parse them.
vs Full-Service Restaurants averages
How World Famous Meats Compares
Unit growth
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
3-year detail · Item 20
- Closed (3yr)
- 0
- Terminated (3yr)
- 0
- Non-renewed (3yr)
- 0
- Transfers (3yr)
- 0
- Reacquired (3yr)
- 0
- Franchisor bought back
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).
States derived from franchisee contact records (FDD Item 20). Shows states with at least one current operator on file. Full state registration data (Item 12) will appear on a future FDD refresh.
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA 7(a) and 504 loan disclosures, public data unique to FranchiseVerdict.
No SBA loan data available for this brand.
Risk analysis
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
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.
Litigation (Item 3)
0 case reference(s): 0 pending, 0 settled.
Largest disclosed settlement: $150,000
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · Anil Malhotra & Co Ltd⚠ Going-concern note flagged
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Supplier relationship · Items 8 & 16
- Franchisor sells you products: No
- Must buy proprietary products: No
- Restricted to system-approved products: No
Score breakdown · what drove the 59 / 100 rating
- 01MINOROnly 1 franchise unit operating — no proven system scalability or franchisee success track record
- 02MINORNo Item 19 financial disclosure — cannot verify average unit economics, profitability, or revenue claims
- 03MINORHigh initial investment ($255k-$307k) with unvalidated ROI potential and no performance benchmarks
- 04MINORLack of multi-unit growth demonstrates no demonstrated franchise model traction or market demand
- 05MINOR4% royalty structure appears competitive but meaningless without knowing actual gross revenues franchisees achieve
- 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
| Initial term | 10 years |
|---|---|
| Renewal term | 10 years |
| Territory type | Geographic region |
| Protected territory | Yes |
| Territory sizeℹ | 30,000 people |
| Online sales rights | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Optional |
| Non-compete (years)ℹ | 2 years |
| Right of first refusalℹ | Yes |
| Termination notice | 30 days |
| Curable defaultsℹ | 1 |
| Mandatory arbitration | No |
| Jury trial waiver | Yes |
| Governing law | Illinois |
| Litigation count | 0 |
View Item 3 litigation summary
0 case reference(s): 0 pending, 0 settled.
Items 10, 11
Training & Operations
- Classroom training
- 12 hrs
- On-the-job training
- 31 hrs
- Training location
- On-site at franchisee's restaurant and franchisor's facility
- Franchisor financing
- Offered
- Item 10
- POS system
- Square
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: Square
Item 20 · call current owners
Franchisee Contacts
19 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
World Famous Meats · FDD (2023) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a World Famous Meats franchise?
The total investment to open a World Famous Meats franchise ranges from $255K – $308K, with an initial franchise fee of $25K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do World Famous Meats franchise owners earn?
World Famous Meats does not disclose average franchise owner earnings in their FDD Item 19. Not all franchisors are required to make financial performance representations. We recommend asking existing franchisees directly about their financial experience.
What is World Famous Meats's franchise failure rate?
SBA 7(a) loan charge-off data is not available for World Famous Meats (fewer than 10 loans on file). Charge-off rates are one way to gauge franchise risk, but not all franchise loans go through the SBA program. We recommend reviewing turnover and closure data in the FDD and speaking with current franchisees.
How many World Famous Meats franchise locations are there?
As of their most recent FDD filing, World Famous Meats has 1 total units in the United States, including 0 franchised units and 1 company-owned units.
Is World Famous Meats a good franchise to buy?
FranchiseVerdict rates World Famous Meats as a B-grade franchise with a risk score of 59 out of 100, based on our analysis of investment costs, revenue data, SBA loan performance, and growth trends. Our rating is based solely on publicly available FDD and government data; we recommend speaking with current franchisees before making any investment decision. This is not investment advice.
Data sourced from public FDD filings and SBA 7(a) FOIA records. Not financial advice.
For franchisors
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Data extracted from public FDD filings and SBA 7(a) loan disclosures (FOIA). This information is provided for research purposes only and does not constitute financial, legal, or investment advice. Verify all figures with the franchisor's current Franchise Disclosure Document before making any investment decision.