Curry Pizza House logo

Curry Pizza House Franchise

Audited Financials
Food and BeverageEst. 2020Fremont, CA
www.currypizzahouse.com

Risk Score

Pending analysis

Investment Range

$293,500 - $1,355,700

Franchise Fee

$17,500

Min Cash Required

$80,000

Total US Locations

19

Business Summary

Curry Pizza House operates fast-casual restaurants specializing in pizza, salads, and chicken wings, served in a modern setting. The brand also includes a ghost kitchen concept called Pizza Zombie, offering pizza for pickup and delivery only. Franchisees have the option to include a full-service bar named Hidden Tap & Barrel within their restaurant.

Corporate History

CPH Global, LLC was formed in Nevada on January 15, 2020. The company began offering Curry Pizza House restaurant franchises in August 2020 and later introduced area representative franchises in November 2023. An affiliate, G&G Food, Inc., formed in 2013, licenses the brand's trademarks and also operates some of the Curry Pizza House restaurants used for franchisee training.

Financial Overview

Investment Range

$293,500 - $1,355,700

Franchise Fee (Low)

$17,500

Franchise Fee (High)

$35,000

Minimum Cash Required

$80,000

Royalty %

6%

Marketing %

3%

Equipment Costs (Low)

$148,000

Equipment Costs (High)

$1,055,000

Working Capital

$102,500

Audited Financials

Yes

Offers Financing

No

Audit Opinion

Unqualified opinion

Financial Health Notes

Item 21 of the FDD includes a special risk factor highlighting that Curry Pizza House's financial condition, as shown in its financial statements, raises questions about its ability to provide services and support to franchisees. The financial statements show that as of September 30, 2023, Curry Pizza House had a negative members' equity (deficit) of $(409,509), a significant change from positive equity in the prior year.

Financing Details

Curry Pizza House does not offer any direct or indirect financing to its franchisees. Additionally, Curry Pizza House does not guarantee any notes, leases, or other obligations incurred by franchisees for their business.

Performance Metrics

Total US Locations

19

Franchised Units

18

Corporate Units

1

Avg Square Footage

2,050

Franchising Since

2020

Agreement Terms

Initial Term

10 years

Renewal Term

5 years

Renewal Conditions

To renew their franchise agreement, Curry Pizza House franchisees must provide written notice between 90 and 180 days before their current term ends. They must be in full compliance with all terms of their existing agreement, have not committed multiple breaches within any 12-month period, and obtain a general release from their owners. Franchisees must also secure the right to occupy an approved location (or relocate to a new approved site), remodel their restaurant to meet current brand standards, hold all necessary licenses and insurance, be current on all financial obligations to Curry Pizza House, and comply with current training requirements. A successor franchise fee of $5,000 is also required. The new franchise agreement signed upon renewal may contain different terms and conditions, potentially including a smaller Protected Area.

Training & Support Program

Franchisor Assistance

Curry Pizza House provides franchisees with various forms of assistance. Before opening, the company helps by accepting suitable sites, reviewing proposed leases, designating protected areas, and communicating design and construction standards. They also provide an initial training program, loan a Brand Standards Manual, support grand opening advertising and an initial social media campaign, and sell initial supplies and inventory. After opening, Curry Pizza House offers individual assistance via phone or electronically during business hours, provides specifications and standards guidance, and may offer additional training (for a fee). They also coordinate the system's internet presence, make periodic changes to authorized products, may create gift card or loyalty programs, negotiate purchase agreements with approved suppliers for discounts, and provide minimum and maximum pricing guidelines.

Initial Training Hours

80

Training Location

Fremont, California

Ongoing Support

After opening, Curry Pizza House franchisees receive individual assistance by phone or electronically during normal business hours. The company provides ongoing specifications and standards guidance. Optional additional training is available for a fee, and franchisees may need to cover travel, lodging, and meal expenses if training is conducted away from their restaurant. Curry Pizza House may also hold periodic conferences or annual meetings, which franchisees and their General Managers may be required to attend, with a fee per attendee and responsibility for travel and living expenses. The franchisor also offers advice on operating problems, coordinates the system's Internet presence, and may introduce changes to products, gift card programs, and pricing guidelines.

Franchise Requirements

Industry Experience Required

No

Management Experience Required

No

Sales Experience Required

No

Technical Skills Required

No

Operational Details

Location Type

retail

Owner Participation

full-time

Territory Type

protected

Territory Size Requirements

Curry Pizza House grants a protected area that typically spans between one and three miles, measured from the front door of the restaurant. This radius may be smaller in densely populated areas. The company considers United States Census estimates for population when defining these protected areas. Non-Traditional Locations do not receive a protected area.

Staffing Notes

Curry Pizza House requires its franchisees to maintain a competent, well-trained staff that is fluent in English and provides prompt, courteous service, meeting the brand's minimum standards. Employees must wear uniforms as prescribed in the Brand Standards Manual, and only certified employees can perform functions requiring certification. Franchisees are responsible for hiring, training, and supervising their employees, and must ensure that a sign explaining the difference between the franchisee (as employer) and Curry Pizza House (as franchisor) is posted in non-public areas. The Brand Standards Manual contains detailed job descriptions and policies regarding human resources, including hiring, harassment, wage, and labor laws.