Tribos Peri Peri franchise
2026 filing · February 17, 2026Growing
Tribos Peri Peri at a glance
A fast-casual restaurant serving flame-grilled peri peri chicken, wraps, bowls and sides. At the end of 2025 there were 8 Tribos Peri Peri locations in the US, 6 franchised and 2 company-owned.
The business
- Franchisor
- TPP Express, LLC
- The company that sells the franchises
- Current franchisor selling since
- 2020
- 6 years of selling franchises
- Franchisor based in
- Leonia, New Jersey
What you pay
- Cost to open
- $301K–$733K
- Fee, build-out and opening working capital
- Franchise fee
- $35,000
- Paid once, when you sign
- Royalty
- 6%
- 6% of gross sales, paid weekly, plus a 1% marketing fund contribution
- Brand fund
- 1%
- 1% of gross sales, paid weekly
- Agreement length
- 10 years
- Territory
- Protected
- Protected territory
- Franchisor financing
- None offered
Where it is
- US locations, 2025
- 8
- Franchised and company-owned
- Franchised
- 6
- Company-owned
- 2
- Change in 3 years
- +1
- Franchised locations, 2023–2025
- States
- 5
- Most in New Jersey, Massachusetts and Connecticut
Support and records
From TPP Express, LLC’s 2026 filing; revenue and net income from its audited financial statements, page 119; SBA status from the SBA Franchise Directory, October 28, 2026.
Franchisor revenue is the company that sells the franchises (royalties, fees and anything else it earns), not what a location makes.
Where it ranks
Tribos Peri Peri among all franchises with the same figure.
| Figure | Tribos Peri Peri | Among all franchises |
|---|---|---|
| Cost to open, midpointHalfway between the low and high estimate | $517,025 | Costs more than 65% of franchises |
| Franchise feePaid once, when you sign | $35,000 | Lower than 61% 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 Tribos Peri Peri franchise costs
Opening one Tribos Peri Peri costs an estimated $301,050 to $733,000. That covers the franchise fee and everything else needed to open, through the first months of working capital.
The biggest costs are leasehold improvements ($100,000 to $350,000) and furniture, fixtures, and equipment ($75,000 to $175,000). Here is every line of the estimate as filed:
| What it pays for | Range | Low | High |
|---|---|---|---|
| Initial franchise fee | $35,000 | ||
| Rent and Lease Security Deposit | $5,250 | $20,000 | |
| Utilities | $1,000 | $2,500 | |
| Leasehold Improvements | $100,000 | $350,000 | |
| Market Introduction Program | $5,000 | $10,000 | |
| Furniture, Fixtures, and Equipment | $75,000 | $175,000 | |
| Computer Systems | $4,000 | $4,500 | |
| Insurance | $800 | $10,000 | |
| Signage | $10,000 | $15,000 | |
| Office Expenses | $500 | $2,000 | |
| Inventory and Supplies | $7,500 | $20,000 | |
| Licenses and Permits | $500 | $3,000 | |
| Professional | $3,500 | $5,000 | |
| Travel, lodging and meals for initial training | $3,000 | $6,000 | |
| Additional funds (for first 3 months) | $50,000 | $75,000 | |
| Total | $301,050 | $733,000 | |
Source: TPP Express, LLC, 2026 filing, page 18
Tribos Peri Peri franchise fee
The franchise fee is $35,000. You pay it when you sign the franchise agreement.
Source: TPP Express, LLC, 2026 filing, page 12
Royalty and ongoing fees
| Royalty | 6% of gross sales, paid weekly, plus a 1% marketing fund contribution. |
|---|---|
| Brand or marketing fund | 1% of gross sales, paid weekly. |
| Transfer fee | $10,000 plus any broker fees and other out-of-pocket costs we incur |
| Replacement/Additional Training fee | Currently, $200 Per Day, plus actual travel expenses. |
| Local Marketing/Required Spending | 2% of your gross sales |
The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: TPP Express, LLC, 2026 filing, page 13
Other fees as filed, from pages 13–16. The filing lists every fee, including late fees and audit costs.
Sales and earnings
No figures Tribos Peri Peri 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: TPP Express, LLC, 2026 filing, page 43
- Estimate Estimated yearly sales per location
- $670K–$1.2M
Estimated from the sales that 292 comparable franchises file, matched on industry, format, cost to open, fees and size.
SBA loans to Tribos Peri Peri franchisees
Lenders approved one SBA 7(a) loan for a Tribos Peri Peri franchisee in 2025, for $250K. It hasn’t 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, 2025 / 2023–2025. Typical means the median: half of brands are above it, half below.
| Measure | Tribos Peri Peri | Typical chicken brand | Typical franchise |
|---|---|---|---|
| GrowthNet change in franchised locations | 0% / +20% | +3.7% / +27% | +1.2% / +10% |
| ClosuresTerminated, not renewed or stopped operating | 33% / 60% | 2.4% / 12% | 3.9% / 16% |
| Bought backLocations the franchisor took back | 0% / 0% | 0% / 0% | 0% / 0% |
Typical chicken brand is the median of the 34 brands in chicken franchises with three years of counts.
How Tribos Peri Peri compares
Of the 113 chicken franchises on this site, Tribos Peri Peri is the 32nd cheapest to open and the 61st largest by number of locations.
| Figure | Tribos Peri Peri | Typical chicken brand | Typical franchise |
|---|---|---|---|
| Cost to open, low end | $301K | $407K | $222K |
| Cost to open, high end | $733K | $868K | $477K |
| Franchise fee | $35K | $35K | $40K |
| Royalty | 6% | 5% | 6% |
| Brand fund | 1% | 2% | 2% |
| US locations | 8 | 10 | 21 |
| Shares earnings figures | No | 61 of 113 | 2,147 of 3,352 |
Typical is the median across the 113 brands in chicken franchises; typical franchise, across every brand here.
Locations opened and closed
| Year | Franchised | Company-owned | Opened | Closed |
|---|---|---|---|---|
| 2023 | 7 (+2) | 3 | +2 | 0 |
| 2024 | 6 (−1) | 2 | 0 | −1 |
| 2025 | 6 (0) | 2 | +2 | −2 |
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: chicken franchise costs and franchise failure rates.
Source: TPP Express, LLC, 2026 filing, page 43
Where Tribos Peri Peri locations are
At the end of 2025, Tribos Peri Peri had locations in 5 states. The most are in New Jersey, Massachusetts and Connecticut.
- New Jersey3
- Massachusetts2
- Connecticut1
- Maryland1
- Texas1
| State | Franchised | Company-owned | Total |
|---|---|---|---|
| New Jersey | 1 | 2 | 3 |
| Massachusetts | 2 | 0 | 2 |
| Connecticut | 1 | 0 | 1 |
| Maryland | 1 | 0 | 1 |
| Texas | 1 | 0 | 1 |
Source: TPP Express, LLC, 2026 filing, page 44
Who owns Tribos Peri Peri?
Tribos Peri Peri franchises are sold by TPP Express, LLC. Its filing names no parent company.
From TPP Express, LLC’s 2026 filing, page 8.
Lawsuits and bankruptcy
| Lawsuits and regulatory actions | Yes. The filing describes past or pending cases involving the franchisor, its affiliates or its executives on pages 10–12. |
|---|---|
| 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: TPP Express, LLC, 2026 filing, litigation on pages 10–12, bankruptcy on page 12
Tribos Peri Peri filings
The figures on this page come from TPP Express, LLC’s 2026 filing, issued February 17, 2026, on record with the NASAA Electronic Filing Depository.
| Filing | Issued | Registry | On this page |
|---|---|---|---|
| 2026 filing | February 17, 2026 | NASAA depository | Costs, fees and locations, 2023–2025 |
Each link opens the filing as a PDF. See the newest filings across all brands.
Other chicken franchises
All chicken franchises
Tribos Peri Peri is also on these lists: restaurant franchises, food franchises.