RODIZIO GRILL

Franchising since 2006, Rodizio Grill's system has inched forward from 13 locations in 2022 to 14 in 2023—a modest +8% growth—now totaling 16 units with 6 corporate-owned. Projections call for just 3 new openings, alongside 2 transfers, signaling cautious momentum rather than explosive scaling. This trajectory points to a boutique brand prioritizing quality control in a cutthroat steakhouse arena, but the limited footprint (versus hundreds for peers) amplifies risk for new franchisees betting on brand momentum over sheer volume.

Item 7 pegs initial investment at $1,065,500-$3,650,000, including a $50,000 franchise fee, with ongoing 4.5% royalties, 1% ad fund, and $200-400/month POS fees. Item 19 shines brightly: average gross revenue hits $2,801,097, median $2,806,967—top-tier for casual dining—implying strong per-unit performance if costs align. Yet SBA data tempers optimism: 9 loans averaging $1,028,944 carry an 11.1% default rate, hinting at financing strains or operational variances in this capital-intensive segment. High revenues offset the hefty upfront but demand prime real estate and execution; small system size flags validation challenges.