Curry Up Now FDD – Franchise Information, Costs and Fees
Type of Business
Curry Up Now offers franchises for restaurants serving Indian-style cuisine with a twist, such as tikka masala burritos, deconstructed samosas, sexy fries (an Indian-inspired poutine), other signature dishes, appetizers, desserts and beverages. The franchisor reserves the right to only offer qualified candidates the option of establishing and operating a larger Curry Up Now fast-casual restaurant, which includes a cocktail bar named “Mortar & Pestle”.
Francun Inc. was formed as a Delaware corporation on May 17, 2017. Their principal place of business is 800 Airport Boulevard #411, Burlingame, California 94010. They began offering franchises on June 6, 2017.
The total investment necessary to begin operation of a Curry Up Now smaller fast-casual restaurant franchise is $370,000 to $839,500. This includes $45,500 to $54,500 that must be paid to the franchisor or affiliate. If you qualify for a Curry Up Now larger fast-casual restaurant franchise, with cocktail bar, the total investment necessary to begin operations is $633,500 to $1,909,000. This includes $50,500 to $59,500 that must be paid to the franchisor or affiliate.
To enter into a Multi-Unit Operator Agreement, you will commit to develop a minimum of 5 restaurants. If you commit to develop between 5 and 9 restaurants, you will pay a development fee of 100% of the initial franchise fee for 3 restaurants, plus a deposit of 50% of the initial franchise fee for each additional restaurant. The total estimated investment under a Multi-Unit Operator Agreement for 5 restaurant franchises, including the costs to build and equip the first restaurant, is $479,000 to $2,016,500. This includes $140,000 that must be paid to the franchisor or affiliate. If you commit to develop 10 or more restaurants, you will pay a development fee of 100% of the initial franchise fee for 5 restaurants, plus a deposit of 50% of the initial franchise fee each additional restaurant you commit to develop, and the amount that you will pay to the franchisor or affiliate will increase to $262,500.