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General

Industry

Food and Beverage

Category

Fast Casual Restaurant

Works with Franchise Brokers

No

Year of Founding

2006

Fees

Marketing Fee

2%

Royalty Fee

6%

Franchise Fee

$35,000-$35,000

Investment Range

$289K-$819K

Location units

Total U.S. Locations

9

U.S. Franchised Units

1

U.S. Corporate Units

8

Headquarters (City)

NY

Other

Item 19 - Franchise Financials

Yes

E-2 Visa Eligibility

No

Started Offering Franchises

2017

Issuance of FDD Data

04/30/2020

Key Indicators

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Franchise Payback Period (Years)

Owner Salary / Compensation

Average Unit Volume (AUV)

Franchise Cost

$289K-$819K

Franchise Fee

$35,000-$35,000

What to know about 55 Curry Franchising franchise?

55 Curry Franchising is an LLC that has ownerships of some restaurant brands, such as Go!Go!Curry. Go!Go!Curry is a Japanese curry restaurant chain in the United States that offers a variety of curry dishes. The menu features both traditional and innovative curry dishes, as well as vegan and gluten-free options. The staff is passionate about providing a fun, welcoming environment with the best curry quality and service to all customers. They have locations all over the country, as well as all over the world. 55 Curry Franchising provides their franchisees with an opportunity to open their own restaurant with a proven business model and support system.

55 Curry Franchising is based in NY, NY. Scroll down to learn more!

How much does a 55 Curry Franchising franchise cost?

Are you wondering how much is a 55 Curry Franchising franchise? Before starting a 55 Curry Franchising franchise, it is important to know the franchise fee, working capital and other costs required to start the business.

The minimum investment amount required to open a 55 Curry Franchising franchise is $289,380 and can go all the way up to $819,300. Keep in mind, you should also allocate additional funds to live off of while the 55 Curry Franchising business ramps up. This can take as little as 6 months to over 2 years depending on the franchise opportunity. You should speak to at least 5 55 Curry Franchising franchisees to understand the true cost of opening the franchise and how long it takes to: 1) start a 55 Curry Franchising business 2) pass break even 3) hit significant income.

After (and if) you pass the point of earning significant income from your 55 Curry Franchising franchise, there may be enough margin to hire a day-to-day manager and work less hours in the business.

Franchise Net Unit Growth

Industry Report Request

Download our guide to compare 55 Curry Franchising. Hotels to the Fast Casual Restaurant, Outdoor Food and Beverage industry.

Franchise Data

Year Start of Year Units Opened Units Closed End of Year
2019 1 0 0 1

Additional Details

How much does a 55 Curry Franchising franchise owner make?

55 Curry Franchising franchise earnings and revenue can vary significantly from one franchisee to another.
The 55 Curry Franchising franchise owner profits can be influenced by labor costs, lease rates, hours worked as well as other factors.

55 Curry Franchising discloses financials at the unit level. In other words, they show how much 55 Curry Franchising franchisees made in the past. Through analyzing this information available in the metrics tab, it can serve as a good basis to further explore the opportunity or not.

At Vetted Biz, we advise you to speak with 5 to 10 franchisees to understand how much money they are making from the 55 Curry Franchising franchise. Roughly 60% of franchises disclose financials and it makes the process easier when filtering potential franchise opportunities like 55 Curry Franchising. Don’t just speak to existing franchisees, call franchisees who have recently left the system and try to find out how much those 55 Curry Franchising owners were making.

Visit the 55 Curry Franchising metrics tab to explore the financials for this business.

What is the 55 Curry Franchising franchise fee?

Owning a 55 Curry Franchising franchise requires 6% royalty fee and 2% marketing fee. These two expenses represent the main ongoing costs you can expect to pay the franchisor throughout the franchise relationship. There may be other ongoing fees disclosed in the 55 Curry Franchising Franchise Disclosure Document

Keep in mind, there is also an initial 55 Curry Franchising franchise fee of $35,000 that is included in the initial investment amount of $289,380 to $819,300. Depending on the franchise agreement you sign, you might have to pay the full franchise fee again if you decide to extend the 55 Curry Franchising franchise relationship. Consult with a licensed franchise attorney to understand exactly what you receive for paying the 55 Curry Franchising franchise fee of $35,000.

Visit the 55 Curry Franchising metrics tab to explore the financials for this business, royalty and marketing fees compare to other Food and Beverage franchises. You can also compare these fees for 2,000+ franchises currently offered in the U.S.

When was 55 Curry Franchising founded?

55 Curry Franchising started offering franchises in 2017. 55 Curry Franchising was founded 16 years ago in 2006.

At Vetted Biz, we recommend franchises have 3-5 corporate locations and 5+ years of experience before offering a franchise. There needs to be proof that the business model works and is replicable before offering the franchise to other!

How many 55 Curry Franchising locations are in the U.S.?

As of 2020, there were 1 locations across the U.S. There are also 8 corporate locations. Most Food and Beverage franchises like 55 Curry Franchising have more franchised locations than corporate locations.

How many 55 Curry Franchising franchises opened over the past few years?

Over the prior 3 years we have data for, 55 Curry Franchising has opened 1 outlets throughout the U.S. Visit the 55 Curry Franchising metrics tab to explore how the openings compare to other Food and Beverage franchises.

How many 55 Curry Franchising franchises closed over the past few years?

Over the prior 3 years we have data for, 55 Curry Franchising has closed 0 outlets throughout the U.S

Visit the 55 Curry Franchising metrics tab to explore how the openings compare to other Food and Beverage franchises.

Is 55 Curry Franchising growing? Are they opening more locations than they are closing?

The net unit growth rate for 55 Curry Franchising over the past 3 years is 0%. Over the last year we have data for, 55 Curry Franchising had a net unit growth rate of 0%.

Without a comparison, this number doesn’t mean much. Compare how the 55 Curry Franchising growth rate compares to 2,000+ other franchises and Industry franchises like 55 Curry Franchising. More info in the 55 Curry Franchising metrics tab.

Is 55 Curry Franchising franchise eligible for an SBA Loan?

55 Curry Franchising is not eligible for SBA loans including the 7(a) loan last time we checked.

55 Curry Franchising franchise does not have a SBA Franchise ID and was not in the SBA Franchise Directory. The SBA Franchise Directory will only include business models like 55 Curry Franchising that are reviewed and found eligible under SBA’s affiliation rules and other eligibility criteria.

To find out more about the SBA loan program for franchising click here.

Is 55 Curry Franchising a franchise in the United States?

According to the SBA, 55 Curry Franchising does not meet the Federal Trade Commission (FTC) definition of a franchise.

Many popular brands like Starbucks and Topgolf are not franchises in the U.S. but franchise outside of the United States. Be sure the franchisor provides you with an updated Franchise Disclosure Document as this is one of the key indicators that the business opportunity is truly a franchise in the U.S.

The FTC Franchise Rule requires franchisors to provide all potential franchisees with a disclosure document (FDD) containing 23 items of about the franchise, its officers, and other franchisees. Be sure that 55 Curry Franchising provides you with an FDD if you are in discussion to buy a 55 Curry Franchising

What is the 55 Curry Franchising Franchise for Sale Rate?

The 55 Curry Franchising systemwide health and franchisee satisfaction can be measured by the 55 Curry Franchisingfranchise for sale rate. The franchise for sale rate is calculated by the percentage of units transferred to new franchisees and reacquired by franchisor.

55 Curry Franchising franchise for sale rate over the past 3 years is 0%. Over the last year we have data for, 55 Curry Franchising had a franchise for sale rate of 0%.

Without a comparison, this number doesn’t mean much. Compare how the 55 Curry Franchising franchise for sale rate compares to 2,000+ other franchises and Industry franchises like 55 Curry Franchising. More info in the 55 Curry Franchising metrics tab.

What is the 55 Curry Franchising Franchise Failure Rate?

55 Curry Franchising franchise failures comprise franchise terminations, franchise non-renewals, and franchises that ceased operations for other reasons. The failure rate is one of the most important franchise metrics to consider when investing in a franchise!

55 Curry Franchising failure rate over the past 3 years is 0%. Over the last year we have data for, 55 Curry Franchising had a franchise failure rate of 0%.

Without a comparison, this number doesn’t mean much. Compare how the 55 Curry Franchising franchise for sale rate compares to 2,000+ other franchises and Industry franchises like 55 Curry Franchising. More info in the 55 Curry Franchising metrics tab.

How can I find out more details on 55 Curry Franchising franchise?

Visit the 55 Curry Franchising metrics tab to explore franchise profitability, industry comparables and more. Become a Vetted Member today today for exclusive access on this franchise opportunity!

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Investment Midpoint

The average of the low and high range of the investment amounts calculated from the most recently available Franchise Disclosure Document

55 Curry Franchising

$554,340

Industry median

All franchises median

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Royalty Fee

The median royalty fee from the Franchise Disclosure Document

55 Curry Franchising

6%

Industry median

All franchises median

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Franchise Fee Midpoint

Payment that the franchisee must pay to the franchise owner in order to start a franchise.

55 Curry Franchising

$35,000

Industry median

All franchises median

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Item 19 – Financial Performance Representations

Historical financial performance representations

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Franchise Financials

Franchisor company financial information and financial performance representations, if disclosed by the franchisor.

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General

Industry

Food and Beverage

Category

Fast Casual Restaurant

Works with Franchise Brokers

No

Year of Founding

2006

Fees

Marketing Fee

2%

Royalty Fee

6%

Franchise Fee

$35,000-$35,000

Investment Range

$289K-$819K

Location units

Total U.S. Locations

9

U.S. Franchised Units

1

U.S. Corporate Units

8

Headquarters (City)

NY

Other

Item 19 - Franchise Financials

Yes

E-2 Visa Eligibility

No

Started Offering Franchises

2017

Issuance of FDD Data

04/30/2020

Detailed Franchise metrics for 55 Curry Franchising

Detailed Franchise Metrics are metrics calculated and reviewed by Vetted Biz. You can find the available metrics for 55 Curry Franchising below. “N/A" or Not Applicable results mean that there is not enough data available to compute a precise rate or that the result is not mathematically computable. When results are not mathematically computable, you should pay attention to the absolute values (#) instead of the percentage rate itself.

Growth Rate

The percentage change of total franchise units from one year to the next by franchisor.

 

1 year

3 years

55 Curry Franchising

0%

0%

Industry median

All franchises median

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Franchise for Sale Rate

The percentage of units transferred to new franchisees and reacquired by franchisor.

 

1 year

3 years

55 Curry Franchising

N/A

0%

Industry median

All franchises median

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Failure Rate

Franchise failures comprise franchise terminations, franchise non-renewals, and franchises that ceased operations for other reasons.

 

1 year

3 years

55 Curry Franchising

N/A

0%

Industry median

All franchises median

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Business details

Website

http://www.gogocurryamerica.com/

Business email

f******@gogocurryamerica.com

Mailing address

315 West 36th Street, 10th Floor

State headquarters

NY

Contact Name

55 Curry Franchising

Phone

+1 (000) 0********00

City

New York

Zip code

10018
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