About Vasco's Peri Peri Franchise
Vasco's Peri Peri offers franchisees the opportunity to develop and operate fast-casual restaurants specializing in peri peri chicken.
These restaurants serve the general public with a diverse menu including peri peri chicken, burgers, plant-based items, beverages, and other related food products.
Franchisees manage daily operations, ensuring adherence to the brand's distinctive system, which encompasses unique recipes, interior design, and operational procedures
Vasco's Peri Peri Franchise Cost & Fees
Minimum Investment
$396K
Average Investment
$494K
Maximum Investment
$592K
| Fee Type | Amount | Notes |
|---|---|---|
| Initial Franchise Fee | $35,000 | One-time payment upon signing |
| Royalty Fee | 5% of Gross Sales of gross sales | Ongoing; paid monthly |
| Marketing/Ad Fund | 1.5% of Gross Sales | National brand fund |
| Total Investment Range | $396,000 – $591,600 | Includes build-out, inventory, working capital |
The investment range of $396K–$592K reflects variability in build-out costs, store size, lease terms, and market. The combined royalty (5% of Gross Sales) and marketing fee (1.5% of Gross Sales) are ongoing costs paid as a percentage of gross sales.
Investment Breakdown (Item 7)
| Item | Low | High |
|---|---|---|
| Franchise Fee | $35,000 | $35,000 |
| Location Assistance Fee | $0 | $300 |
| Construction Assistance Fee | $0 | $300 |
| Rent | $5,000 | $6,000 |
| Security Deposits | $10,000 | $12,000 |
| Leasehold Improvements | $150,000 | $300,000 |
| Equipment, Furniture and Fixtures | $150,000 | $170,000 |
| Insurance | $1,500 | $2,000 |
| Permits and Licenses | $2,000 | $5,000 |
| Initial Inventory | $5,000 | $7,000 |
| Signage | $6,000 | $12,000 |
| Grand Opening Advertising | $5,000 | $5,000 |
| Architecture | $5,000 | $10,000 |
| Travel Expenses for Training | $5,000 | $10,000 |
| Professional Fees | $1,500 | $4,000 |
| Opening Assistance | $0 | $3,000 |
| Computer System | $5,000 | $10,000 |
| Additional Funds (3 months) | $10,000 | $20,000 |
Additional Fees (Item 6)
| Fee Type | Amount |
|---|---|
| Transfer Fee | 50% of our then-current initial franchise fee per Vasco’s Peri Peri Restaurant |
| Renewal Fee | 50% of our then-current initial franchise fee |
| Technology Fee | $3,600 per year or $300 per month |
| Audit Fee | Cost of audit. |
| Local Advertising | $200 per month. |
| Initial Training (additional attendees) | $1,000 for each additional attendee. |
| Additional On-Site Training | $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 | estimated to be approximately $100 to $500 |
| 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. |
| Online Ordering | $150 to $250 per month, per restaurant. |
| Audio services, Internet service | $80 -$120 per month. |
| Financial Reporting Non-Compliance fee | $500 per month. |
| Insufficient funds (NSF) service charge | $50 service charge |
| Reimbursement for Monies Paid by Us on Your Behalf | Varies. |
Training Program (Item 11)
| Detail | Information |
|---|---|
| Total Duration | 2 weeks |
| Classroom Training | 31 hours |
| On-the-Job Training | 230 hours |
| Training Location | Schaumburg, Illinois |
| Additional Training | The franchisor may offer a field certification program for assistant managers who meet eligibility requirements. The franchisor may also provide additional on-site training at the franchisee's Restaurant upon request or requirement, for a fee of $250 per trainer per day plus expenses. The franchisor reserves the right to conduct additional or refresher training programs, seminars, and other related activities, which may be mandatory for General Managers and other personnel. |
Territory Rights (Item 12)
| Detail | Information |
|---|---|
| Territory Type | Protected |
| Exclusive Territory | No |
| Territory Size | Maximum of a 4-mile radius in suburban areas, maximum of 10 block radius in densely populated metropolitan/urban areas. |
| Description | Upon approval of a site and execution of a lease/purchase agreement, a Protected Territory will be assigned, typically a 4-mile radius in suburban areas or a 10-block radius in metropolitan/urban areas. The franchisor will not establish or authorize other Vasco's Peri Peri Restaurants within this Protected Territory, except for non-traditional sites (e.g., mall food courts, airports, military bases). Franchisees will not receive an exclusive territory and may face competition from other franchisees, company-owned outlets, or other distribution channels. |
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 written notice of desire to renew (12-9 months prior to term end), substantial compliance with agreements, full payment of monetary obligations, submission of all financial reports, submission of a business plan (6 months prior to term end), execution of current franchise agreement and ancillary documents, and payment of the renewal fee. Required modifications to premises and lease extension are also conditions. |
| Transfer Fee | $20,000 |
| Transfer Conditions | All accrued monetary obligations satisfied, no defaults, execution of a general release of claims, transferee meets franchisor's criteria (educational, managerial, business, financial, good moral character, business reputation, credit rating, aptitude, absence of conflicting business interests), transferee assumes all obligations, transferee renovates/upgrades Restaurant to current standards, transferor remains liable for prior obligations, and payment of transfer fee. |
| Termination for Cause | Termination without opportunity to cure for events such as insolvency, bankruptcy, dissolution, unsatisfied judgments, unauthorized operation, failure to construct/remodel, abandonment, loss of premises, felony conviction, public health/safety threat, unauthorized transfer of rights, failure to comply with non-compete covenants, disclosure of confidential information, knowingly maintaining false records, misuse of Marks, General Manager not completing training, failure to comply with laws (including Anti-Terrorism Laws), breach of Section 6 covenants, or suspension/termination of licenses. Termination with opportunity to cure (14 days, or 5 days for monetary defaults) for failure to comply with agreement requirements, standards, specifications, obtain approvals, acquire/open a site, maintain working capital, or repeated poor reviews. |
| Non-Compete Period | 2 years from expiration or termination of the franchise |
| Non-Compete Details | During the term, franchisees and owners are prohibited from directly or indirectly diverting business, owning/operating/having financial interest in any competitive business (fast-food/quick-service restaurant selling peri peri chicken products) anywhere in the world. After termination/expiration, for 2 years, they are prohibited from similar activities within a 25-mile radius of any Restaurant in the System. This does not apply to ownership of less than 5% beneficial interest in publicly traded corporations. |
Operations & Supply (Items 8 & 15)
| Detail | Information |
|---|---|
| Owner-Operator Required | Yes |
| Participation Details | An Operator, who has ultimate responsibility for day-to-day operating decisions, must be designated prior to signing the Franchise Agreement if the franchisee will not be the Operator. The Operator must be located within the vicinity of the Restaurant and have at least 2 years of restaurant experience, including 1 year as a restaurant general manager. A General Manager, approved by the franchisor, must be designated and retained at all times to supervise and manage the Restaurant, devoting full time and best efforts. The General Manager must meet educational and business criteria, satisfy training requirements, and have at least 2 years of restaurant experience with 1 year in management. |
| Required Suppliers | Franchisees must purchase or lease and install all furnishings, fixtures, equipment (including POS system and computer hardware and software), décor items, lighting systems, audio and video systems, signs and related items, all of which must conform to the standards and specifications in the Manual or otherwise in writing. Franchisees must purchase or lease the POS or computer system that the franchisor specifies. Franchisees must obtain all food and beverage items, ingredients, supplies, materials, furnishings, fixtures, equipment (including POS system and computer hardware and software), and other products used or offered for sale at their Restaurant solely from suppliers who demonstrate the ability to meet the franchisor's then-current standards and specifications. |
| Supply Restrictions | The franchisor reserves the right to restrict the use of contractors, vendors and suppliers to the franchisor, its affiliates, and third parties designated by the franchisor. Franchisees must use only the franchisor's proprietary recipes and other proprietary products, and must purchase all requirements for those products solely from the franchisor or a designated source. |
| Franchisor Revenue from Suppliers | $0 (or 0%) of total gross revenues of $0.00 from required purchases and leases in fiscal year 2023. |
Financing (Item 10)
| Detail | Information |
|---|---|
| Financing Available | No |
| Description | We do not offer, either directly or indirectly, any financing arrangements to you. We do not guarantee your notes, leases or other obligations. |
Vasco's Peri Peri Franchise Earnings — Item 19
Vasco's Peri Peri 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.
Vasco's Peri Peri 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.
Vasco's Peri Peri Litigation & Risk Flags
Clean Litigation RecordVasco's Peri Peri 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.
Vasco's Peri Peri System Growth
Total Units
1
Franchised
0
Company-Owned
1
Vasco's Peri Peri currently operates 0 franchised locations and 1 company-owned units. Unit count data is sourced from Item 20 of the FDD.
Unit History (Item 20)
| Year | Opened | Closed | Total |
|---|---|---|---|
| 2021 | 0 | 0 | 1 |
| 2022 | 0 | 0 | 1 |
| 2023 | 0 | 0 | 1 |
Transfers: 0 | Closures: 0
State Registrations
Registered in 17 states: CA, CT, HI, IL, IN, MD, MI, MN, NY, ND, OR, RI, SC, SD, VA, WA, WI
Franchisor Financials (Item 21)
0
Net Income
$-3,818
Total Assets
$102K
Audited by PNJK Partners LLP for year ending December 31.
Vasco's Peri Peri Franchise — FAQ
The total investment to open a Vasco's Peri Peri franchise ranges from $396,000 to $591,600, per their Franchise Disclosure Document. This includes the initial franchise fee of $35,000. The investment covers build-out, inventory, equipment, signage, working capital, and other startup costs.
Vasco's Peri Peri charges a royalty fee of 5% of Gross Sales of gross sales, plus a 1.5% of Gross Sales contribution to the marketing/advertising fund. These fees are paid on an ongoing basis.
You can download the Vasco's Peri Peri 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 Vasco's Peri Peri to ensure you have the most up-to-date version.
Vasco's Peri Peri 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.
Vasco's Peri Peri has been franchising since 2022. The FDD shows an investment range of $396,000-$591,600, a 5% 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 $35,000 and the total investment ranges from $396,000 to $591,600 depending on location size and market. A minimum of $10,000 in liquid capital is required. 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 Vasco's Peri Peri and consult a qualified franchise attorney before making any investment decision. FranchiseOverview.com is operated by Franchising Compliance, LLC and is not affiliated with Vasco's Peri Peri or any of its subsidiaries. To report an inaccuracy: info@franchiseoverview.com