Vasco's Peri Peri franchise
2024 filing · April 30, 2024
Vasco's Peri Peri at a glance
A restaurant serving flame-grilled peri peri chicken, wraps and sides. At the end of 2023 there were 1 Vasco's Peri Peri locations in the US, all company-owned.
The business
- Franchisor
- Vasco's Peri Peri Franchising, LLC
- The company that sells the franchises
- Franchisor based in
- Schaumburg, Illinois
What you pay
- Cost to open
- $396K–$592K
- Fee, build-out and opening working capital
- Franchise fee
- $30,000
- Paid once, when you sign
- Royalty
- 5%
- 5% of gross sales, paid weekly
- Brand fund
- 1.5%
- 1.5% of gross sales, paid with the royalty
- Renewal fee
- See terms
- 50% of our then- current initial franchise fee.
- Agreement length
- 10 years
- Territory
- Protected
- Protected territory
Where it is
- US locations, 2023
- 1
- Franchised and company-owned
- Franchised
- 0
- Company-owned
- 1
- Change in 3 years
- 0
- Franchised locations, 2021–2023
From Vasco's Peri Peri Franchising, LLC’s 2024 filing; SBA status from the SBA Franchise Directory, October 28, 2026.
Where it ranks
Vasco's Peri Peri among all franchises with the same figure.
| Figure | Vasco's Peri Peri | Among all franchises |
|---|---|---|
| Cost to open, midpointHalfway between the low and high estimate | $493,800 | Costs more than 63% of franchises |
| Franchise feePaid once, when you sign | $30,000 | Lower than 72% of franchises |
| RoyaltyShare of sales paid to the franchisor | 5% | Lower than 69% of brands with a set rate |
| US locationsFranchised and company-owned | 1 | Fewer than 88% of franchises |
How much a Vasco's Peri Peri franchise costs
Opening one Vasco's Peri Peri costs an estimated $396,000 to $591,600. That covers the franchise fee and everything else needed to open, through the first months of working capital.
Source: Vasco's Peri Peri Franchising, LLC, 2024 filing, page 19
Vasco's Peri Peri franchise fee
The franchise fee is $30,000. You pay it when you sign the franchise agreement.
Source: Vasco's Peri Peri Franchising, LLC, 2024 filing, page 12
Royalty and ongoing fees
| Royalty | 5% of gross sales, paid weekly. |
|---|---|
| Brand or marketing fund | 1.5% of gross sales, paid with the royalty. |
| Online Ordering | $150 to $250 per month, per restaurant. |
| Renewal (Franchise Agreement) | 50% of our then- current initial franchise fee. |
| Local Advertising | $200 per month. |
The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: Vasco's Peri Peri Franchising, LLC, 2024 filing, page 13
Other fees as filed, from pages 13–15. The filing lists every fee, including late fees and audit costs.
Sales and earnings
No figures Vasco's 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: Vasco's Peri Peri Franchising, LLC, 2024 filing, page 48
- Estimate Estimated yearly sales per location
- $870K–$1.5M
Estimated from the sales that 292 comparable franchises file, matched on industry, format, cost to open, fees and size.
How Vasco's Peri Peri compares
Of the 113 chicken franchises on this site, Vasco's Peri Peri is the 54th cheapest to open and the 101st largest by number of locations.
| Figure | Vasco's Peri Peri | Typical chicken brand | Typical franchise |
|---|---|---|---|
| Cost to open, low end | $396K | $407K | $222K |
| Cost to open, high end | $592K | $868K | $477K |
| Franchise fee | $30K | $35K | $40K |
| Royalty | 5% | 5% | 6% |
| Brand fund | 1.5% | 2% | 2% |
| US locations | 1 | 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 |
|---|---|---|---|---|
| 2021 | 0 (0) | 1 | 0 | 0 |
| 2022 | 0 (0) | 1 | 0 | 0 |
| 2023 | 0 (0) | 1 | 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: chicken franchise costs and franchise failure rates.
Source: Vasco's Peri Peri Franchising, LLC, 2024 filing, page 49
Who owns Vasco's Peri Peri?
Vasco's Peri Peri franchises are sold by Vasco's Peri Peri Franchising, LLC.
From Vasco's Peri Peri Franchising, LLC’s 2024 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: Vasco's Peri Peri Franchising, LLC, 2024 filing, litigation on page 11, bankruptcy on page 11
Vasco's Peri Peri filings
The figures on this page come from Vasco's Peri Peri Franchising, LLC’s 2024 filing, issued April 30, 2024, on record with the NASAA Electronic Filing Depository.
| Filing | Issued | Registry | On this page |
|---|---|---|---|
| 2024 filing | April 30, 2024 | NASAA depository | Costs, fees and locations, 2021–2023 |
Each link opens the filing as a PDF. See the newest filings across all brands.
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