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FranchiseVerdict

Apna Bazar vs Mgm Liquor

Franchise Comparison 2026

Both Apna Bazar and Mgm Liquor are food retail franchises. Apna Bazar requires an investment of $1.5M – $6.6M while Mgm Liquor requires $532K – $2.2M. Mgm Liquor discloses average revenue of $2.6M; Apna Bazar does not report Item 19 data. Note: Reported for a subset of outlets rather than the whole system. Mgm Liquor has SBA lending data on file with a 21.4% charge-off rate. FranchiseVerdict rates Apna Bazar C (Average) and Mgm Liquor B (Above average).

Investment Range
$1.5M – $6.6M
$532K – $2.2M
Franchise Fee
$100K
$50K
Royalty Rate
Greater of $5,000 or 2.5% of Gross Revenues, payable monthly
Earned Service Fee: $4,860 per week, capped at 2.2% of Gross Receipts (weekly, if timely reported); currently charged as a flat weekly amount subject to that cap.
Average Revenue (Item 19)
N/A
$2.6MOutlet subset
SBA Charge-Off Rate
N/A
21.4% (29 loans)
Total Units
17
28
Unit Growth (YoY)
N/A
N/A
Year Began Franchising
2021
1995
FDD Year
2022
N/A