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2026 FDD VERIFIEDFast Casual Indian BBQ
Sigri Franchise

Sigri Franchise

Franchising since 2015 · 2 locations

The total investment to open a Sigri Franchise franchise ranges from $200,950 - $504,833. The initial franchise fee is $35,000. Ongoing royalties are 6% plus a 2.5% advertising fee. Sigri Franchise currently operates 2 locations. Data sourced from the 2026 Franchise Disclosure Document.

Investment

$200,950 - $504,833

Franchise Fee

$35,000

Total Units

2

FPI Score

This franchise has not yet been scored by the Franchise Performance Index. Scores are calculated based on public FDD data, SBA loan performance, and system-level metrics.

Top SBA Lenders for Sigri Franchise

What is the Sigri Franchise franchise?

The question every serious franchise investor asks before committing six figures to a restaurant concept is whether the brand represents a genuine category opportunity or a crowded-space gamble. Sigri Franchise answers that question by occupying a position that almost no other franchise brand in America can claim: the fast-casual North Indian barbecue segment, a culinary tradition rooted in centuries of tandoor and open-fire grilling that has never before been systematically franchised at a national level in the United States. Founded in 2015 by entrepreneur Jagat Parikh, who identified a fundamental void in diverse international food options across American communities, and co-founded by Utkarsh Yadiv, who framed the brand's mission as sharing a flavorful journey rooted in centuries of tradition, Sigri Indian BBQ was built from the ground up in Hillsborough, New Jersey, with the explicit intention of making authentic North Indian grilling accessible, replicable, and scalable. The brand's culinary identity is guided by Chef Aarthi, who bridges centuries-old technique with modern fast-casual execution, translating fire-cooked meats, fresh kebabs, and kathi rolls into a format that operates efficiently at commercial speed. In 2024, Craveworthy Brands, the multi-brand restaurant platform founded and led by CEO Gregg Majewski, acquired Sigri Indian BBQ and immediately positioned it for national franchise expansion, launching the formal franchise program in late 2025. Sigri Franchise currently operates two company-owned locations and has already secured signed multi-unit agreements for openings in the Chicagoland area, Hillsborough, New Jersey, and Brooklyn, New York, all scheduled for 2026, making it one of the earliest franchise investors' opportunities to enter a brand before its national footprint is established. The global cuisine market, within which Sigri operates, is projected to reach $200.9 billion by 2032 according to Credence Research, driven by rising consumer demand for authentic and diverse culinary experiences. For franchise investors evaluating this brand, this is an independent analysis designed to provide every data point you need to make an informed decision, not a promotional document.

The industry landscape surrounding Sigri Franchise is defined by two converging macro trends that independently justify serious investor attention, and together create an unusually compelling category argument. The global cuisine segment, the broader market capturing international and ethnic food concepts in the American fast-casual and fast-food space, is projected to grow to $200.9 billion by 2032, a trajectory driven by the accelerating consumer shift toward authentic, diverse culinary experiences that reflect the increasing multicultural composition of the American population. The fast-casual segment, which is Sigri's specific operating format, has consistently outperformed the broader restaurant industry in revenue growth over the past decade, and the ethnic fast-casual subsegment is widely identified by franchise industry analysts as one of the highest-opportunity spaces in contemporary restaurant franchising. Consumer palates are measurably shifting, with younger demographics in particular actively seeking flavor intensity, global authenticity, and cultural story in their food choices, all of which Sigri delivers through its North Indian barbecue positioning. The social media dimension of this trend is not merely anecdotal: Sigri Franchise's growth has been materially fueled by viral content on TikTok and Instagram, generating organic consumer demand for locations across the country before those locations even existed, a demand-first expansion dynamic that meaningfully de-risks market entry for franchisees in targeted territories. The brand describes itself as catching on like fire and having ignited a love affair with one of the largest and fastest-growing groups of social media followers of any restaurant brand in America, a claim backed by the speed with which franchise agreements have been signed in markets spanning Illinois, New York, and New Jersey within weeks of the program's official November 2025 launch. The competitive landscape within North Indian barbecue specifically is almost entirely fragmented, with independent operators dominating and no nationally scaled franchise competitor, which means Sigri's stated ambition to become one of the first North Indian barbecue brands in the U.S. to offer a franchise model is not marketing language but a factual description of the competitive white space it occupies.

The Sigri Franchise franchise cost structure positions this investment within the accessible-to-mid-tier range for restaurant franchises, with a total initial investment ranging from $200,950 to $480,833, a spread that reflects variation in geography, lease terms, build-out requirements, and format-specific construction costs. The initial franchise fee is $35,000, which sits below the category average for fast-casual restaurant franchises, many of which price their initial fees between $40,000 and $50,000, representing a modest financial advantage at the point of entry. Working capital is estimated within the investment range at $20,000 to $30,000, a relatively lean operational buffer that reflects the brand's emphasis on a compact footprint and operationally efficient model. Franchisees are required to demonstrate a minimum of $200,000 in liquid assets and a net worth of $500,000, qualifications that are consistent with the broader fast-casual restaurant franchise category and indicate that Craveworthy Brands is targeting experienced operators with real financial standing rather than first-time investors with minimal capital reserves. The ongoing royalty rate is 6% of gross sales, which is standard across the restaurant franchise industry where royalties typically range from 4% to 8%. Beyond the base royalty, franchisees pay a marketing fee of 2.5% of monthly gross revenue to Craveworthy Brands for brand development programs, plus an additional 1.5% of gross sales into a local marketing fund directed by the brand's marketing team, bringing total ongoing fee obligations to 10% of gross revenue when royalty and combined marketing contributions are aggregated. Sigri Franchise does not offer direct financing, but the brand can recommend third-party financing options including arrangements with equipment leasing companies for franchisees with strong credit profiles, and Craveworthy Brands' institutional backing as a multi-brand platform provides the kind of operational and financial infrastructure that typically strengthens the case for SBA-backed lending. The parent company, Craveworthy Brands, holds a portfolio that includes Big Chicken, Bd's Mongolian Grill, Genghis Grill, Gregorys Coffee, Fresh Brothers Pizza, and more than a dozen additional brands, which provides Sigri franchisees access to a scaled support infrastructure that far exceeds what a single-brand emerging franchisor could independently deliver.

Daily operations for a Sigri Franchise franchisee center on the fast-casual dining model, meaning the franchisee is responsible for managing a team that handles front-of-house customer service, order fulfillment, and the back-of-house preparation of fire-cooked meats, fresh kebabs, and kathi rolls using traditional North Indian grilling techniques adapted for commercial kitchen efficiency. Prior restaurant industry experience is not required by the franchisor, though it is noted as helpful, suggesting the training program is designed to be comprehensive enough to bring operators with strong general business management backgrounds up to speed on the culinary and operational specifics of the concept. The initial training program consists of approximately seven days of combined classroom and onsite instruction conducted in New Brunswick, New Jersey, covering recipes and food preparation procedures, quality and service standards, inventory procedures, equipment and safety protocols, brand compliance, cleaning and maintenance, food safety, sanitation and health code compliance, and best hiring practices. Sigri covers training for up to three attendees at no charge, though franchisees are responsible for their own travel, food, and living expenses during the training period. Following the completion of initial training, two representatives from Sigri's corporate team will be present at the franchisee's location for up to seven days during the opening period, providing hands-on operational coordination during the most critical phase of a new restaurant's launch. Craveworthy Brands functions as what it describes as a full-stack platform, providing franchisees with ongoing support across marketing, operations, training, supply chain, and real estate, which means the support relationship extends well beyond the initial training window. Territory structure includes a protected territory assigned at the time of the franchise agreement, with the ability to discuss protection of adjacent territories at franchise closing, and multi-unit agreements are available and actively encouraged, with all three currently announced franchise agreements structured as multi-unit deals. Sigri also works directly with franchisees and their local real estate professionals to identify optimal locations, generally targeting areas with significant community activity, and highlights a compact footprint and flexible real estate model as structural advantages that reduce build-out costs and accelerate time to opening.

Item 19 financial performance data is not disclosed in the current Franchise Disclosure Document for Sigri Franchise, which means prospective investors do not have access to average revenue per unit, median revenue, or profit margin data through the FDD as of the 2025 disclosure. This is an important fact for any investor to understand during due diligence, and it is not unusual for a brand in the early stages of its franchise program: the 2025 FDD records zero franchised locations in the United States, which means there is no franchised unit financial history from which to construct statistically meaningful Item 19 disclosures. The two existing locations are company-owned, and their financial performance data has not been made publicly available in the accessible portions of the FDD. What investors can evaluate in the absence of Item 19 data is the structural economics of the concept: the total investment range of $200,950 to $480,833 combined with the fast-casual format implies a capital intensity significantly below full-service restaurant franchises, which commonly require $500,000 to over $1,000,000 in total investment, and the brand's emphasis on a compact footprint and lean operating model suggests a favorable revenue-per-square-foot profile relative to investment. The global cuisine fast-casual segment broadly operates at average unit volumes that range from $600,000 to over $1,200,000 depending on market density, format, and brand recognition, and investors should use these industry benchmarks as a starting framework while requesting unit-level financial data directly from the franchisor during the formal discovery process. The royalty and marketing fee structure of 10% total ongoing fees on gross revenue is consistent with industry norms and does not indicate an unusual cost burden relative to comparable fast-casual concepts. Franchise profits, as the brand acknowledges, depend on local demand, labor costs, commercial lease rates, and other market-specific variables, which underscores the importance of territory selection and the value of the protected territory structure included in franchise agreements.

The growth trajectory of Sigri Franchise reflects a brand that transitioned from organic viral growth to institutional franchise infrastructure within a compressed timeline, a combination that presents both opportunity and the inherent early-stage risk that any investor must weigh carefully. Sigri was founded in 2015, built its consumer reputation over nearly a decade through two company-owned locations and a social media presence that generated demand nationally across platforms including TikTok and Instagram, and was acquired by Craveworthy Brands in 2024. The formal national franchise program launched in late 2025, and within weeks the brand had announced signed agreements for multi-unit development in Schaumburg and Naperville, Illinois, through entrepreneur Niraj Shah, a new location in Hillsborough, New Jersey, and a Brooklyn, New York location with experienced restaurateur Tagur Gautham, who brings six years of experience having helped his family launch a full-service Indian restaurant in Kansas. Samuel Stanovich, SVP of Franchise Leadership at Craveworthy Brands, has characterized Sigri's approach to growth with the statement that the brand embodies the bold, vibrant spirit of North Indian barbecue, a concept unlike anything else in the franchise space, and that the Northeast will play a vital role in shaping its footprint. The brand's competitive moat is constructed from several reinforcing elements: a proprietary culinary identity built on centuries-old North Indian grilling traditions, a social media-driven consumer demand engine that precedes franchise development in target markets, the institutional support of Craveworthy Brands' multi-brand platform infrastructure, and a first-mover advantage in a category that has not previously been systematically franchised at national scale in the United States. Target growth markets for initial franchise expansion are Georgia, Illinois, Ohio, New York, New Jersey, Nevada, and Texas, a geographic spread that captures major population centers with both large South Asian diaspora communities and mainstream consumer bases increasingly receptive to global culinary experiences.

The ideal Sigri Franchise franchisee, based on the brand's stated qualifications and the profile of its first signed franchise partners, combines strong business management capability with cultural affinity for the brand's culinary identity, though prior restaurant experience is not a hard requirement. The minimum financial qualifications, $200,000 in liquid assets and $500,000 net worth, indicate a mid-tier investor profile rather than an entry-level franchisee, and the availability and active encouragement of multi-unit agreements suggests that Craveworthy Brands is prioritizing franchise partners with the operational bandwidth and capital depth to develop multiple locations within a defined territory. Both franchisees announced in late 2025 bring relevant experience: Niraj Shah is described as an experienced food and beverage operator, and Tagur Gautham brings direct restaurant industry experience through his family's Indian restaurant operation, though neither profile suggests that the brand is restricting franchise development exclusively to food industry veterans. Geographic territories that appear to be immediate priorities based on announced agreements and stated focus markets include the Chicagoland suburban corridor, the New York metropolitan area including Brooklyn and likely adjacent boroughs, the New Jersey market anchored by the brand's home-state identity, and growth states including Georgia, Ohio, Nevada, and Texas. The franchise agreement includes a protected territory at signing, with adjacent territory protection available for discussion, making early franchise entry potentially advantageous for multi-unit operators seeking to control significant geographic coverage before the brand's national footprint expands and territory availability diminishes. All three announced franchise locations are targeted for 2026 openings, suggesting a timeline from agreement signing to doors opening of approximately twelve to eighteen months, which is consistent with fast-casual restaurant build-out and permitting timelines in major metropolitan markets.

For franchise investors conducting serious due diligence on emerging fast-casual concepts, Sigri Franchise presents a structurally distinct opportunity: a first-mover franchise position in the North Indian barbecue category, institutional backing from Craveworthy Brands' multi-brand platform, an investment range of $200,950 to $480,833 that is accessible relative to full-service restaurant alternatives, and a consumer demand signal generated organically through social media before the franchise program even launched. The global cuisine segment's projected growth to $200.9 billion by 2032 provides category-level tailwinds, and the brand's viral social media footprint in a demographic that skews young and food-culturally engaged creates a marketing efficiency advantage that many established franchise brands cannot replicate. The absence of Item 19 financial performance disclosure reflects the brand's early franchise stage rather than any reluctance to be transparent, and investors who engage directly with the franchisor during the discovery process will be able to assess company-owned location performance data as part of that conversation. The combination of Craveworthy Brands' operational infrastructure, which includes supply chain, marketing, real estate, and training systems refined across a portfolio that spans Big Chicken, Genghis Grill, Bd's Mongolian Grill, and more than fifteen additional brands, with Sigri's differentiated culinary identity and genuine consumer demand creates an investment thesis that warrants structured evaluation. PeerSense provides exclusive due diligence data including SBA lending history, FPI score, location maps with Google ratings, FDD financial data, and side-by-side comparison tools that allow investors to benchmark the Sigri Franchise franchise investment against comparable fast-casual and global cuisine concepts across every material dimension. Explore the complete Sigri Franchise franchise profile on PeerSense to access the full suite of independent franchise intelligence data.

Key Highlights

Data Insights

Key performance metrics for Sigri Franchise based on SBA lending data

Investment Tier

Significant investment

$200,950 – $504,833 total

Why Sigri Franchise Doesn't Appear in Public SBA Data

The SBA 7(a) program publishes loan-level data for every approved franchise borrower. Sigri Franchise does not currently appear in those public records — and that absence carries useful information for prospective franchisees evaluating this brand.

Likely explanations for the absence

  • The brand began franchising recently (1 year ago) — the SBA reporting pipeline trails new-franchise activity by 12–24 months.
  • With under 25 units system-wide, transaction volume is small enough that any SBA activity could fall below the reporting visibility threshold in any given fiscal year.

Absence from SBA records does not mean a brand is un-fundable. It typically means the franchise system uses alternative capital sources, or that current franchisees self-fund, secure conventional bank financing, or roll over equity from a prior business sale rather than going through an SBA-guaranteed 7(a) loan. For prospective Sigri Franchise franchisees, the practical question is which financing path actually closes for this brand's profile.

Data window: SBA 7(a) approvals reported through the most recent FOIA release. Absence of Sigri Franchise from this window does not reflect lender denial — it reflects no 7(a)-program activity recorded for this brand in the public dataset.

Payment Estimator

Loan Amount$161K
Interest Rate9.5%
Term (Years)10 yr

Estimated Monthly Payment

$2,080

Principal & Interest only

Locations

Sigri Franchiseunit breakdown

Total Units
N/A
Franchisee Owned
System Owned
Closed

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1 FDD Available for Sigri Franchise

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Sigri Franchise