Fish & Chips Franchise
Audited FinancialsRisk Score
Pending analysis
Investment Range
$1,503,000 - $2,410,000
Franchise Fee
$50,000
Total US Locations
5
Business Summary
GRNA FC Group LLC franchises the right to operate fast-casual restaurants under the 'Fish & Chips' and 'Fish & Chips Gordon Ramsay' trade names. These restaurants specialize in classic English street food such as British fish and chips, chicken and shrimp, milkshakes, and also offer beer and wine service. The business system includes a distinctive design, specific recipes, uniform operational standards, and training programs to ensure consistent quality and service.
Corporate History
GRNA FC Group LLC, operating as Gordon Ramsay Fish & Chips, was formed in Delaware on June 20, 2024. The company began offering franchises for its fast-casual restaurants on February 26, 2025. Although the franchisor is new, the first Fish & Chips restaurant opened in 2017 in Las Vegas, Nevada, under a license agreement with an affiliate. As of the FDD's issuance, affiliates also operate three company-owned Fish & Chips restaurants in New York, Orlando, and Washington, D.C. The broader Gordon Ramsay brand family has a history of licensing various restaurant concepts both domestically and internationally since 2014, providing a foundation of experience for the Fish & Chips franchise system.
Financial Overview
Investment Range
$1,503,000 - $2,410,000
Franchise Fee (Low)
$50,000
Franchise Fee (High)
$50,000
Minimum Net Worth
$2,000,000
Royalty %
5%
Marketing %
1.5%
Equipment Costs (Low)
$1,100,000
Equipment Costs (High)
$1,600,000
Working Capital
$87,500
Audited Financials
Yes
Offers Financing
No
Audit Opinion
Unqualified opinion
Financial Health Notes
GRNA FC Group LLC's balance sheet as of January 31, 2025, shows $100,000 in cash, which was a capital contribution from its parent company, GRNA LLC. The company was recently formed in June 2024 and had not yet commenced operations as of the financial statement date. The auditor has issued an unqualified opinion, and there are no notes indicating concerns about the company's ability to continue as a going concern.
Financing Details
Gordon Ramsay Fish & Chips does not offer any direct or indirect financing to its franchisees. This means that franchisees will need to secure their own loans, leases, or other financial obligations from third-party lenders.
Performance Metrics
Total US Locations
5
Franchised Units
0
Corporate Units
3
Avg Square Footage
2,000
Franchising Since
2025
Legal & Compliance Analysis
Recent Litigation
No
Bankruptcy
No
Litigation Summary
Gordon Ramsay Fish & Chips has no litigation history to report. There are no pending legal actions, lawsuits, or arbitration proceedings that need to be disclosed in this document.
Bankruptcy History
Gordon Ramsay Fish & Chips has no bankruptcy history to report for the franchisor or its key management personnel.
Agreement Terms
Initial Term
10 years
Renewal Term
5 years
Renewal Conditions
To renew their franchise, Gordon Ramsay Fish & Chips franchisees must notify the franchisor in writing 12 to 18 months before the current term expires. They must be in good standing, without default on any agreements, and have the right to remain at their current location. Franchisees are required to repair, upgrade, and remodel their restaurant to meet the franchisor's then-current standards. They must also pay a renewal fee and sign the franchisor's current form of franchise agreement, which may have different terms. Additionally, franchisees must comply with current qualification and training requirements and sign a general release of claims in favor of the franchisor. They must also maintain all necessary licenses and permits, including a liquor license.
Training & Support Program
Franchisor Assistance
Before opening, Gordon Ramsay Fish & Chips provides franchisees with a designated area and reviews proposed sites, including lease approval. They assign a Pre-Opening Coordinator to offer advice on pre-opening, construction, supply, and marketing. Franchisees receive access to the Manuals and a list of approved suppliers. Initial training programs are provided for the franchisee and management-level personnel, along with an Opening Crew for on-site support during the grand opening. Ongoing support includes initial training for successor management, optional continuing training (for which a fee may be charged, plus franchisee's expenses), and periodic system-wide meetings including an annual operations conference. The franchisor provides updates to standards, may establish an Intranet for the system, and monitors restaurant compliance through inspections and audits. They also develop new products and services, assist with operational issues, and administer the Brand Fund for system-wide marketing and advertising. Guidelines on pricing policies and potential gift card/loyalty programs are also offered.
Initial Training Hours
428
Training Location
Corporate offices in Irving, Texas, or a designated company-owned/franchised restaurant, and on-site at the franchisee's restaurant.
Ongoing Support
After opening, Gordon Ramsay Fish & Chips provides ongoing training programs for successor and replacement management-level personnel, and may offer continuing training at their discretion. Franchisees are required to attend periodic system-wide meetings and an annual operations conference. The franchisor continuously updates standards, monitors restaurant compliance through inspections and audits, and develops new products and services. They also assist with resolving operational issues and administer the Brand Fund for system-wide marketing and advertising. Support includes furnishing advertising samples and approving local marketing materials, providing guidelines on pricing policies, and potentially establishing gift card/loyalty programs. On-site remedial training is available upon request or as deemed appropriate, for which the franchisee must cover the trainer's compensation and expenses.
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
Limited
Staffing Notes
Gordon Ramsay Fish & Chips franchisees must ensure their Designated Principal, Operations Leader, Restaurant General Manager, and at least three Restaurant Managers are dedicated full-time to the management of the restaurant. At all times, at least one Restaurant Manager must be on-site providing direct supervision. Franchisees are solely responsible for all hiring, firing, and personnel decisions, as the franchisor does not provide assistance in hiring employees.