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Tabla Franchise

Audited Financials
Food and BeverageEst. 2023Orlando, FL
www.tablafranchise.com

Risk Score

Pending analysis

Investment Range

$185,201 - $949,211

Franchise Fee

$36,000

Total US Locations

4

Business Summary

Tabla Indian Cuisine offers franchises for Indian restaurants that feature Indian and Asian fusion cuisine, along with other menu items. These restaurants provide both fast-casual and fine dining experiences. Tabla Indian Cuisine grants individual unit franchises and also offers multi-unit development opportunities within designated territories.

Corporate History

Tabla Indian Cuisine was established as Tabla Franchise LLC, a Florida limited liability company, on November 8, 2023. The company operates the Tabla Indian Cuisine Restaurant franchise system, offering both fast-casual and fine dining Indian and Asian fusion cuisine. Tabla Indian Cuisine began offering franchises on May 14, 2024. The company has no predecessors and has not operated in any other lines of business.

Financial Overview

Investment Range

$185,201 - $949,211

Franchise Fee (Low)

$36,000

Franchise Fee (High)

$45,000

Royalty %

6%

Marketing %

2%

Equipment Costs (Low)

$59,687

Equipment Costs (High)

$232,900

Working Capital

$110,522

Audited Financials

Yes

Offers Financing

No

Audit Opinion

Unqualified opinion

Financial Health Notes

Tabla Indian Cuisine's financial statements show that the company was established on November 8, 2023, and reported a net income of $22,107 for the fiscal year ending December 31, 2024, with total assets of $229,004 and members' equity of $142,107. The company's cash balance as of December 31, 2024, was $143,799. The franchisor's members' equity is less than the estimated initial investment required from a franchisee, which ranges from $185,201 to $949,211.

Financing Details

Tabla Indian Cuisine does not offer any direct or indirect financing to its franchisees, nor does it guarantee any franchisee's notes, leases, or other obligations.

Performance Metrics

Total US Locations

4

Franchised Units

0

Corporate Units

4

Avg Square Footage

2,375

Franchising Since

2024

Agreement Terms

Initial Term

10 years

Renewal Term

10 years

Renewal Conditions

To renew, Tabla Indian Cuisine franchisees must be in full compliance with their Franchise Agreement and any related agreements. They need to provide 180 days prior written notice of their intent to renew, sign the then-current Franchise Agreement and associated renewal agreements, and execute a general release in favor of Tabla Indian Cuisine. Franchisees are also required to remodel and upgrade their restaurant to meet the franchisor's current standards and secure the legal right to occupy the restaurant location for the renewal term. All owners and their spouses must also be in compliance with their agreements and personally guarantee the terms of the new renewal Franchise Agreement.

Training & Support Program

Franchisor Assistance

Tabla Indian Cuisine provides pre-opening assistance to franchisees, including granting the franchise, designating a territory, and providing access to its confidential Operations Manuals. They review and approve proposed restaurant sites and provide lists of approved suppliers, distributors, signage, equipment, furniture, and fixtures. Tabla Indian Cuisine also identifies the franchisee's restaurant on its website and provides initial training for the managing owner and one manager. Post-opening, Tabla Indian Cuisine may require supplemental training and system-wide conferences. They communicate operating standards, marketing standards, and maintain a list of approved vendors. The franchisor also administers system-wide marketing funds.

Initial Training Hours

131

Training Location

Orlando, Florida

Ongoing Support

After opening, Tabla Indian Cuisine may require franchisees and their operating managers to participate in supplemental on-site training for a fee, and replacement managers must complete the initial training program. The franchisor provides ongoing consultations and communications regarding operating standards, Approved Services and Products, System Supplies, and approved vendors. Tabla Indian Cuisine also establishes and communicates marketing standards, approving or disapproving marketing materials. Franchisees may be required to attend an annual system conference for a fee, and the franchisor administers system-wide marketing funds.

Franchise Requirements

Ideal Candidate Profile

Tabla Indian Cuisine requires franchisees, or their designated Managing Owner if a corporate entity, to be personally responsible for the management and overall supervision of the restaurant. This Managing Owner must complete the initial training program and be approved by Tabla Indian Cuisine. Although hands-on, day-to-day participation is recommended, franchisees may hire an approved Operating Manager to supervise on-site operations, provided the manager meets minimum standards, completes training, and signs a confidentiality agreement. For fine dining concepts, one person attending training must have Line Chef or Prep Chef experience.

Industry Experience Required

No

Management Experience Required

Yes

Sales Experience Required

No

Technical Skills Required

No

Operational Details

Location Type

Retail

Owner Participation

Supervisory

Territory Type

Protected

Territory Size Requirements

Tabla Indian Cuisine designates territories based on whether the franchisee is operating a fast-casual or fine dining concept. For a fast-casual restaurant, the territory will generally be the smaller of a 5-mile radius from the location or an area with a population of 50,000 people. For a fine dining restaurant, the territory will generally be the smaller of a 25-mile radius from the location or an area with a population of 250,000 people. Territories may also be defined by zip code, streets, highways, county lines, or as physical boundaries within non-traditional locations like malls or airports.

Staffing Notes

Tabla Indian Cuisine requires that each restaurant be managed and supervised on-site by either a Managing Owner or an approved Operating Manager. If a franchisee operates multiple restaurants, each must have an Operating Manager present. Franchisees are responsible for hiring and training their own employees, ensuring they wear approved uniforms and adhere to System standards for food preparation and service. There are no direct staffing requirements provided for specific roles or numbers of employees beyond management.