About EGGHOLIC / RANGEEN Franchise
Eggholic / Rangeen is a restaurant franchise that brings Indian egg based cuisine and colorful street food to the American dining scene.
The brand has been franchising since 2020, offering a unique menu that highlights the versatility of eggs through Indian culinary traditions with dishes like egg curry, egg biryani, and specialty egg preparations alongside the vibrant flavors of the Rangeen street food concept.
The franchise fee is $45,000.
EGGHOLIC / RANGEEN Franchise Cost & Fees
Minimum Investment
$467K
Average Investment
$662K
Maximum Investment
$857K
| Fee Type | Amount | Notes |
|---|---|---|
| Initial Franchise Fee | $45,000 | One-time payment upon signing |
| Royalty Fee | 6% of Gross Sales of gross sales | Ongoing; paid monthly |
| Marketing/Ad Fund | 2% of Gross Sales | National brand fund |
| Total Investment Range | $466,500 – $856,600 | Includes build-out, inventory, working capital |
The investment range of $467K–$857K reflects variability in build-out costs, store size, lease terms, and market. The combined royalty (6% of Gross Sales) and marketing fee (2% of Gross Sales) are ongoing costs paid as a percentage of gross sales.
Investment Breakdown (Item 7)
| Item | Low | High |
|---|---|---|
| Franchise Fee | $45,000 | $45,000 |
| Location Assistance Fee | $0 | $300 |
| Construction Assistance Fee | $0 | $300 |
| Rent (per month) | $5,000 | $12,000 |
| Security Deposits | $5,000 | $24,000 |
| Leasehold Improvements | $200,000 | $400,000 |
| Equipment, Furniture and Fixtures | $150,000 | $250,000 |
| Insurance | $3,000 | $5,000 |
| Permits and Licenses | $2,000 | $5,000 |
| Initial Inventory | $10,000 | $20,000 |
| Signage | $5,000 | $8,000 |
| Grand Opening Advertising | $10,000 | $10,000 |
| Architecture | $5,000 | $10,000 |
| Travel Expenses for Training | $5,000 | $10,000 |
| Professional Fees | $1,500 | $4,000 |
| Opening Assistance | $0 | $3,000 |
| Liquor Licensing | $0 | $10,000 |
| Additional Funds (3 months) | $20,000 | $40,000 |
| Franchise Fee – 1st Restaurant (Area Development Agreement) | $45,000 | $45,000 |
| Reservation Fee for each additional Restaurant (Area Development Agreement) | $17,500 | $17,500 |
| Additional Funds (3 months) (Area Development Agreement) | $0 | $30,000 |
Additional Fees (Item 6)
| Fee Type | Amount |
|---|---|
| Transfer Fee | $20,000 |
| Renewal Fee | 50% of our then-current initial franchise fee |
| Technology Fee | POS System Maintenance and Support: $4,800 per year or $400 per month. Online Ordering: $150 to $250 per month, per restaurant. Audio services, Internet service: $150-$250 per month. |
| Audit Fee | Cost of audit |
| Local Advertising | $1,000 per month |
| Additional On-Site Training | Our post-opening training rate, which is currently $250 per trainer, per day. |
| Interest | 1.5% per month or the highest rate allowed by applicable law, whichever is less. |
| Prohibited Product or Service Fee | $250 per day of use of unauthorized products or services. |
| Inspection and Testing of a Product or Service | $700 per product or service. |
| Liquidated Damages | Varies |
| Costs and Attorneys’ Fees | Will vary under circumstances. |
| Indemnification | Will vary under circumstances. |
| Repair, Maintenance, and Remodeling/Redecorating | Will vary under circumstances. There is no contractual limit on the amount you may need to spend. |
| Insurance Reimbursement of our costs | If incurred. |
| Financial Reporting Non-Compliance fee | $500 per month. |
| Insufficient funds (NSF) service charge | $50 service charge will be billed each time you pay us but there are insufficient funds which then must be re-deposited for payment. |
| Reimbursement for Monies Paid by Us on Your Behalf | Varies. |
Training Program (Item 11)
| Detail | Information |
|---|---|
| Total Duration | 2 weeks |
| Classroom Training | 31 |
| On-the-Job Training | 200 |
| Training Location | Chicago, Illinois (corporate headquarters and/or affiliates’ restaurants) |
| Additional Training | Franchisor may offer additional on-site training at the franchisee's restaurant for a fee of $250 per trainer per day plus expenses. Mandatory refresher training programs, seminars, or annual meetings may also be required, with franchisees covering their attendees' expenses. |
Territory Rights (Item 12)
| Detail | Information |
|---|---|
| Territory Type | Protected |
| Exclusive Territory | No |
| Territory Size | Suburban area: maximum of a 1-mile radius. Metropolitan or urban area: maximum of 2 block radius. Non-Traditional sites: no Protected Territory. |
| Description | Franchisee is granted a Protected Territory around their approved restaurant location, which can be a 1-mile radius in suburban areas or a 2-block radius in dense urban areas. No exclusive territory is granted, and the franchisor retains rights to operate or franchise outside this territory, at non-traditional sites, and through alternative distribution channels. The territory size is determined by the franchisor based on market conditions. |
Renewal, Termination & Transfer (Item 17)
| Detail | Information |
|---|---|
| Initial Term | 10 years |
| Renewal Term | Two additional 5-year terms |
| Renewal Fee | 50% of our then-current initial franchise fee |
| Renewal Conditions | Timely notice of desire to renew (9-12 months prior to expiration), no defaults, full compliance with all agreements, timely payment of all monetary obligations, submission of all financial reports, submission of business plan for renewal term, execution of current form of Franchise Agreement and ancillary agreements (including general release), payment of renewal fee, and required modifications to restaurant premises and leasehold improvements. |
| Transfer Fee | $20,000 |
| Transfer Conditions | Payment of all amounts due, no defaults, execution of a waiver and release of claims, payment of transfer fee, transferee must meet franchisor's criteria, attend training, and sign the then-current form of Franchise Agreement. Franchisor has a right of first refusal. |
| Termination for Cause | Franchisor may terminate for cause with or without a cure period. Non-curable defaults include insolvency, bankruptcy, unauthorized location, failure to construct/remodel, abandonment, loss of premises, felony conviction, threat to public health/safety, unauthorized transfer, non-compliance with non-compete/confidentiality, false records, misuse of Marks, failure of GM training, violation of Anti-Terrorism Laws, breach of Section 6 covenants, license suspension/termination, or 3 defaults in 12 months. Curable defaults (14-day or 5-day notice) include failure to comply with requirements, standards, procedures, obtain approvals, acquire approved location, open on time, pay monies/submit reports, obtain required covenants, propose GM, maintain insurance, maintain working capital, or repeated poor reviews. |
| Non-Compete Period | 2 years |
| Non-Compete Details | During the term, franchisee and Owners are prohibited from engaging in or being associated with a Competitive Business (selling similar concept/products where at least 20% of sales derive from similar products/services, or 10% from a similar individual product) anywhere in the world. After termination or expiration, for 2 years, the same restrictions apply within a 25-mile radius of any Eggholic Restaurant in the System. This does not apply to ownership of less than a 5% beneficial interest in publicly-traded corporations. |
Operations & Supply (Items 8 & 15)
| Detail | Information |
|---|---|
| Owner-Operator Required | Yes |
| Participation Details | An Operator, who may be an Owner, must be designated and devote full-time attention to the day-to-day operations. The Operator must have at least 2 years of restaurant experience and 1 year of management experience. A General Manager, who must be approved by the franchisor and meet specific criteria and training requirements, is also required to devote full time to supervising and managing the restaurant. All Owners must personally guarantee performance and sign non-competition and confidentiality covenants. |
| Required Suppliers | Franchisor specifies certain brands, types, makes or models of communications and computer systems, and hardware (including POS system and computer hardware and software), décor items, lighting systems, audio and video systems, signs and related items. Also, certain contractors, vendors and suppliers for food and beverage, paper goods and supplies, custom fabrication, uniforms, social media, store branding items, gift cards, online ordering, music and store layout are designated. |
| Supply Restrictions | Franchisee must purchase or lease all furnishings, fixtures, equipment, décor items, lighting systems, audio and video systems, signs and related items, and all food and beverage items, ingredients, products, materials, supplies and paper goods from approved suppliers or those specified by the franchisor. No deviation from methods, standards, and specifications without prior written consent. Franchisor may add, subtract or change designated parties at any time. |
| Franchisor Revenue from Suppliers | In the fiscal year ended December 31, 2023, franchisor derived $0 (or 0%) of its total gross revenues of $373,849 from required purchases and leases. Payments (rebates) from approved suppliers may range from 1% to up to 15% or more of the amount of those purchases by franchisees. |
EGGHOLIC / RANGEEN Franchise Earnings — Item 19
EGGHOLIC / RANGEEN does not make an Item 19 financial performance representation in their FDD. This means they do not disclose revenue, profit, or earnings data for franchised locations. Before investing, ask the franchisor directly for franchisee contact information so you can speak with existing owners about their actual financial performance.
EGGHOLIC / RANGEEN does not include an Item 19 financial performance representation in their FDD. Contact information for current and former franchisees is listed in Item 20 of the FDD.
EGGHOLIC / RANGEEN Litigation & Risk Flags
Clean Litigation RecordEGGHOLIC / RANGEEN has no pending litigation actions listed in their FDD. There is also no bankruptcy history disclosed.
Litigation and bankruptcy data is sourced from Items 3 and 4 of the FDD. Always verify current status directly from the most recent FDD.
EGGHOLIC / RANGEEN System Growth
Total Units
13
Franchised
8
Company-Owned
5
EGGHOLIC / RANGEEN currently operates 8 franchised locations and 5 company-owned units. Unit count data is sourced from Item 20 of the FDD.
Unit History (Item 20)
| Year | Opened | Closed | Total |
|---|---|---|---|
| 2021 | 2 | 1 | 4 |
| 2022 | 4 | 0 | 8 |
| 2023 | 7 | 2 | 13 |
Transfers: 2 | Closures: 2
State Registrations
Registered in 4 states: CA, IL, IN, MI
Franchisor Financials (Item 21)
Revenue
$374K
Net Income
$-86,553
Total Assets
$119K
Audited by Amit Patel, CPA for year ending December 31.
EGGHOLIC / RANGEEN Franchise — FAQ
The total investment to open a EGGHOLIC / RANGEEN franchise ranges from $466,500 to $856,600, per their Franchise Disclosure Document. This includes the initial franchise fee of $45,000. The investment covers build-out, inventory, equipment, signage, working capital, and other startup costs.
EGGHOLIC / RANGEEN charges a royalty fee of 6% of Gross Sales of gross sales, plus a 2% of Gross Sales contribution to the marketing/advertising fund. These fees are paid on an ongoing basis.
You can download the EGGHOLIC / RANGEEN Franchise Disclosure Document free on this page. The FDD is a public document filed with state franchise registries. Always also request the current FDD directly from EGGHOLIC / RANGEEN to ensure you have the most up-to-date version.
EGGHOLIC / RANGEEN does not provide an Item 19 financial performance representation in their FDD, which means they do not disclose franchisee revenue or earnings data. Prospective investors should contact existing franchisees directly (listed in Item 20 of the FDD) to gather real-world financial performance information.
EGGHOLIC / RANGEEN has been franchising since 2020. The FDD shows an investment range of $466,500-$856,600, a 6% of Gross Sales royalty, and no Item 19 earnings disclosure. There is no pending litigation. Review the full FDD and contact current franchisees listed in Item 20 before making any investment decision.
The franchise fee is $45,000 and the total investment ranges from $466,500 to $856,600 depending on location size and market. Contact the franchisor directly for current net worth and liquid capital requirements, territory availability, and application details.
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Data Source & Disclaimer: This website is for informational purposes only. It is not an offer to sell or buy a franchise. This profile is based on publicly available FDD data sourced from state franchise registry filings. All information is for research purposes only and does not constitute legal, financial, or investment advice. Data may be outdated or contain errors. Always obtain the current FDD directly from EGGHOLIC / RANGEEN and consult a qualified franchise attorney before making any investment decision. FranchiseOverview.com is operated by Franchising Compliance, LLC and is not affiliated with EGGHOLIC / RANGEEN or any of its subsidiaries. To report an inaccuracy: info@franchiseoverview.com