Tikka Shack franchise
2026 filing · April 29, 2026Growing
Tikka Shack at a glance
A fast-casual restaurant serving modern Indian food; the same franchisor offers Masala Wok, serving Indian, Indo-Chinese and Chinese dishes. At the end of 2025 there were 22 Tikka Shack locations in the US, 21 franchised and 1 company-owned.
The business
- Franchisor
- TikkaShack, LLC
- The company that sells the franchises
- Franchising since
- 2015
- 11 years of selling franchises
- Franchisor based in
- Plano, Texas
- Typical size
- About 2,500 sq ft
What you pay
- Cost to open
- $499K–$720K
- Fee, build-out and opening working capital
- Franchise fee
- $40,000
- Paid once, when you sign
- Royalty
- 6%
- 6% of gross sales, paid weekly, plus currently 2% brand development fee
- Brand fund
- 2%
- 2% of gross sales, paid weekly
- Renewal fee
- $10,000
- When the agreement ends and you sign again
- Territory
- Limited
- Limited protection
Where it is
- US locations, 2025
- 22
- Franchised and company-owned
- Franchised
- 21
- Company-owned
- 1
- Change in 3 years
- +13
- Franchised locations, 2023–2025
- States
- 10
- Most in Pennsylvania, Texas and Arizona
From TikkaShack, LLC’s 2026 filing; SBA status from the SBA Franchise Directory, October 28, 2026.
Where it ranks
Tikka Shack among all franchises with the same figure.
| Figure | Tikka Shack | Among all franchises |
|---|---|---|
| Cost to open, midpointHalfway between the low and high estimate | $609,000 | Costs more than 71% of franchises |
| Franchise feePaid once, when you sign | $40,000 | Lower than 46% of franchises |
| RoyaltyShare of sales paid to the franchisor | 6% | Higher than 35% of brands with a set rate |
| US locationsFranchised and company-owned | 22 | More than 51% of franchises |
How much a Tikka Shack franchise costs
Opening one Tikka Shack costs an estimated $498,500 to $719,500. That covers the franchise fee and everything else needed to open, through the first months of working capital.
The biggest costs are leasehold improvements ($200,000 to $350,000) and furniture, fixtures, and equipment ($175,000 to $225,000). Here is every line of the estimate as filed:
| What it pays for | Range | Low | High |
|---|---|---|---|
| Initial Franchise Fee | $40,000 | ||
| Rent and Security and Utility Deposits | $7,500 | $10,000 | |
| Leasehold Improvements | $200,000 | $350,000 | |
| Furniture, Fixtures, and Equipment | $175,000 | $225,000 | |
| Liquor License and Other Business Licenses and Permits | $2,500 | $5,000 | |
| Initial Training Costs | $5,000 | $10,000 | |
| Opening Assistance Expenses | $5,000 | $10,000 | |
| POS Computer Hardware and Software | $2,500 | $5,000 | |
| Initial Inventory/Supplies | $7,500 | $10,000 | |
| Professional Services | $2,000 | $2,500 | |
| Grand Opening Promotional Expenses | $10,000 | ||
| Insurance | $1,500 | $2,000 | |
| Additional Funds for three months | $40,000 | ||
| Total | $498,500 | $719,500 | |
Source: TikkaShack, LLC, 2026 filing, page 14
Tikka Shack franchise fee
The franchise fee is $40,000. You pay it when you sign the franchise agreement.
Source: TikkaShack, LLC, 2026 filing, page 8
Royalty and ongoing fees
| Royalty | 6% of gross sales, paid weekly, plus currently 2% brand development fee. |
|---|---|
| Brand or marketing fund | 2% of gross sales, paid weekly. |
| Third-Party Technology Fees | $200 per month |
| Renewal Fee | $10,000 |
The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: TikkaShack, LLC, 2026 filing, page 9
Other fees as filed, from pages 9–11. The filing lists every fee, including late fees and audit costs.
Sales and earnings
No figures Tikka Shack 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: TikkaShack, LLC, 2026 filing, page 38
- Estimate Estimated yearly sales per location
- $750K–$1.4M
Estimated from the sales that 292 comparable franchises file, matched on industry, format, cost to open, fees and size.
SBA loans to Tikka Shack franchisees
Lenders approved 6 SBA 7(a) loans for Tikka Shack franchisees from 2021 to 2026, $1.49M in all. One has been paid in full; none was charged off. The other 5 haven’t ended 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, 2025 / 2023–2025. Typical means the median: half of brands are above it, half below.
| Measure | Tikka Shack | Typical restaurant brand | Typical franchise |
|---|---|---|---|
| GrowthNet change in franchised locations | +40% / +163% | 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 Tikka Shack compares
Of the 813 restaurant franchises on this site, Tikka Shack is the 503rd cheapest to open and the 327th largest by number of locations.
| Figure | Tikka Shack | Typical restaurant brand | Typical franchise |
|---|---|---|---|
| Cost to open, low end | $499K | $408K | $222K |
| Cost to open, high end | $720K | $866K | $477K |
| Franchise fee | $40K | $35K | $40K |
| Royalty | 6% | 5% | 6% |
| Brand fund | 2% | 2% | 2% |
| US locations | 22 | 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 |
|---|---|---|---|---|
| 2023 | 9 (+1) | 0 | +1 | 0 |
| 2024 | 15 (+6) | 1 | +6 | 0 |
| 2025 | 21 (+6) | 1 | +6 | 0 |
Closed or left counts terminations, non-renewals, locations bought back by the franchisor and locations that stopped operating. Counts cover Tikka Shack and Masala Wok restaurants together.
See which brands grew most in the fastest-growing franchises rankings.
More in the guides: franchise failure rates.
Source: TikkaShack, LLC, 2026 filing, page 39
Where Tikka Shack locations are
At the end of 2025, Tikka Shack had locations in 10 states. The most are in Pennsylvania, Texas and Arizona.
- Pennsylvania5
- Texas5
- Arizona4
- Maryland2
- Alabama1
- Florida1
| State | Franchised | Company-owned | Total |
|---|---|---|---|
| Pennsylvania | 5 | 0 | 5 |
| Texas | 4 | 1 | 5 |
| Arizona | 4 | 0 | 4 |
| Maryland | 2 | 0 | 2 |
| Alabama | 1 | 0 | 1 |
| Florida | 1 | 0 | 1 |
| New Jersey | 1 | 0 | 1 |
| North Carolina | 1 | 0 | 1 |
| South Carolina | 1 | 0 | 1 |
| Virginia | 1 | 0 | 1 |
Source: TikkaShack, LLC, 2026 filing, page 40
Who owns Tikka Shack?
Tikka Shack franchises are sold by TikkaShack, LLC.
From TikkaShack, LLC’s 2026 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: TikkaShack, LLC, 2026 filing, litigation on page 8, bankruptcy on page 8
Tikka Shack filings
The figures on this page come from TikkaShack, LLC’s 2026 filing, issued April 29, 2026, on record with the NASAA Electronic Filing Depository.
| Filing | Issued | Registry | On this page |
|---|---|---|---|
| 2026 filing | April 29, 2026 | NASAA depository | Costs, fees and locations, 2023–2025 |
Each link opens the filing as a PDF. See the newest filings across all brands.
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