Anjappar Chettinad franchise
2025 filing · March 13, 2025
Anjappar Chettinad at a glance
A dine-in and take-out restaurant serving Indian food from the Chettinad region. At the end of 2024 there were 8 Anjappar Chettinad locations in the US, 6 franchised and 2 company-owned.
The business
- Franchisor
- Shree Vari Holdings LLC
- The company that sells the franchises
- Typical size
- 3,000–4,500 sq ft
What you pay
- Cost to open
- $466K–$1.2M
- Fee, build-out and opening working capital
- Franchise fee
- $50,000
- Paid once, when you sign
- Royalty
- 6%
- 6% of gross revenues, paid monthly, plus a brand marketing fee of up to 3%
- Brand fund
- None now
- Not charged at present; up to 3% of gross revenue
- Renewal fee
- $7,500
- When the agreement ends and you sign again
Where it is
- US locations, 2024
- 8
- Franchised and company-owned
- Franchised
- 6
- Company-owned
- 2
- Change in 3 years
- 0
- Franchised locations, 2022–2024
- States
- 3
- Most in Texas, North Carolina and Washington
From Shree Vari Holdings LLC’s 2025 filing; SBA status from the SBA Franchise Directory, October 28, 2026.
Where it ranks
Anjappar Chettinad among all franchises with the same figure.
| Figure | Anjappar Chettinad | Among all franchises |
|---|---|---|
| Cost to open, midpointHalfway between the low and high estimate | $833,875 | Costs more than 80% of franchises |
| Franchise feePaid once, when you sign | $50,000 | Higher than 70% of franchises |
| RoyaltyShare of sales paid to the franchisor | 6% | Higher than 35% of brands with a set rate |
| US locationsFranchised and company-owned | 8 | Fewer than 65% of franchises |
How much a Anjappar Chettinad franchise costs
Opening one Anjappar Chettinad costs an estimated $466,000 to $1,201,750. That covers the franchise fee and everything else needed to open, through the first months of working capital.
The biggest costs are rent (3 months) ($67,000 to $450,000) and leasehold improvements ($75,000 to $200,000). Here is every line of the estimate as filed:
| What it pays for | Range | Low | High |
|---|---|---|---|
| Initial Franchise Fee | $50,000 | ||
| Rent (3 months) | $67,000 | $450,000 | |
| Utility and Lease Security Deposits, Licenses and Permits | $30,000 | $35,000 | |
| Leasehold Improvements | $75,000 | $200,000 | |
| Signage | $12,000 | $25,000 | |
| Furniture and Fixtures | $50,000 | $120,000 | |
| POS/Back Office System | $6,000 | $8,000 | |
| Equipment and Smallwares | $100,000 | $200,000 | |
| Professional Services | $10,000 | $15,000 | |
| Technology Fee | $0 | $750 | |
| Initial Inventory | $15,000 | $20,000 | |
| Insurance | $12,000 | $18,000 | |
| Training Expenses | $2,000 | $5,000 | |
| Grand Opening Assistance | $2,000 | $10,000 | |
| Grand Opening Advertising | $5,000 | ||
| Additional Funds | $30,000 | $40,000 | |
| Total | $466,000 | $1,201,750 | |
Source: Shree Vari Holdings LLC, 2025 filing, page 14
Anjappar Chettinad franchise fee
The franchise fee is $50,000. You pay it when you sign the franchise agreement.
Source: Shree Vari Holdings LLC, 2025 filing, page 9
Royalty and ongoing fees
| Royalty | 6% of gross revenues, paid monthly, plus a brand marketing fee of up to 3%. |
|---|---|
| Brand or marketing fund | Not charged at present; up to 3% of gross revenue. |
| Renewal Fee | $7,500 |
The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: Shree Vari Holdings LLC, 2025 filing, pages 9 and 10
Other fees as filed, from page 11. The filing lists every fee, including late fees and audit costs.
Sales and earnings
No figures Anjappar Chettinad does not share sales or profit figures for its locations. Talking to current and former franchise owners is the usual way to learn what a location earns.
Source: Shree Vari Holdings LLC, 2025 filing, page 45
- Estimate Estimated yearly sales per location
- $1M–$1.9M
Estimated from the sales that 292 comparable franchises file, matched on industry, format, cost to open, fees and size.
SBA loans to Anjappar Chettinad franchisees
Lenders approved 2 SBA 7(a) loans for Anjappar Chettinad franchisees from 2018 to 2023, $1.54M in all. None has been paid off or charged off yet.
A charged-off loan is one written off as uncollectible. See SBA franchise loans for how 7(a) and 504 loans work.
Source: SBA 7(a) and 504 loan data, as of September 30, 2026
Growth and closures
Share of franchised locations, 2024 / 2022–2024. Typical means the median: half of brands are above it, half below.
| Measure | Anjappar Chettinad | Typical restaurant brand | Typical franchise |
|---|---|---|---|
| GrowthNet change in franchised locations | 0% / 0% | 0% / +3% | +1.2% / +10% |
| ClosuresTerminated, not renewed or stopped operating | 0% / 0% | 2.5% / 13% | 3.9% / 16% |
| Bought backLocations the franchisor took back | 0% / 0% | 0% / 0% | 0% / 0% |
Typical restaurant brand is the median of the 301 brands in restaurant franchises with three years of counts.
How Anjappar Chettinad compares
Of the 813 restaurant franchises on this site, Anjappar Chettinad is the 472nd cheapest to open and the 479th largest by number of locations.
| Figure | Anjappar Chettinad | Typical restaurant brand | Typical franchise |
|---|---|---|---|
| Cost to open, low end | $466K | $408K | $222K |
| Cost to open, high end | $1.2M | $866K | $477K |
| Franchise fee | $50K | $35K | $40K |
| Royalty | 6% | 5% | 6% |
| US locations | 8 | 14 | 21 |
| Shares earnings figures | No | 474 of 813 | 2,147 of 3,352 |
Typical is the median across the 813 brands in restaurant franchises; typical franchise, across every brand here.
Locations opened and closed
| Year | Franchised | Company-owned | Opened | Closed |
|---|---|---|---|---|
| 2022 | 6 (0) | 2 | 0 | 0 |
| 2023 | 6 (0) | 2 | 0 | 0 |
| 2024 | 6 (0) | 2 | 0 | 0 |
Closed or left counts terminations, non-renewals, locations bought back by the franchisor and locations that stopped operating.
See which brands grew most in the fastest-growing franchises rankings.
More in the guides: franchise failure rates.
Source: Shree Vari Holdings LLC, 2025 filing, page 45
Where Anjappar Chettinad locations are
At the end of 2024, Anjappar Chettinad had locations in 3 states. The most are in Texas, North Carolina and Washington.
- Texas4
- North Carolina1
- Washington1
| State | Franchised | Company-owned | Total |
|---|---|---|---|
| Texas | 2 | 2 | 4 |
| North Carolina | 1 | 0 | 1 |
| Washington | 1 | 0 | 1 |
Source: Shree Vari Holdings LLC, 2025 filing, page 46
Who owns Anjappar Chettinad?
Anjappar Chettinad franchises are sold by Shree Vari Holdings LLC.
From Shree Vari Holdings LLC’s 2025 filing.
Lawsuits and bankruptcy
| Lawsuits and regulatory actions | None. The filing says no litigation has to be disclosed. |
|---|---|
| Bankruptcy | None. The filing says no bankruptcy has to be disclosed. |
Franchisors must disclose lawsuits and bankruptcies involving the company, its parents and affiliates, and its executives. Many cases are routine disputes with franchisees over fees or contracts; read the descriptions in the filing and ask current owners about anything that worries you.
Source: Shree Vari Holdings LLC, 2025 filing, litigation on page 8, bankruptcy on page 8
Anjappar Chettinad filings
The figures on this page come from Shree Vari Holdings LLC’s 2025 filing, issued March 13, 2025, on record with the NASAA Electronic Filing Depository.
| Filing | Issued | Registry | On this page |
|---|---|---|---|
| 2025 filing | March 13, 2025 | NASAA depository | Costs, fees and locations, 2022–2024 |
Each link opens the filing as a PDF. See the newest filings across all brands.
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