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RODIZIO GRILL

RODIZIO GRILL

Rodizio Grill franchises operate Brazilian-style steakhouses featuring premium cuts of beef, poultry, pork, seafood, salads, and desserts served tableside by gauchos in a distinctive dining experience. The franchisor, Phoenix Franchise Group, LLC, licenses the Rodizio Grill brand, provides training and operational standards, and earns revenue through initial franchise fees and ongoing royalties. They target diners in the competitive upscale casual steakhouse market, competing with national and local sit-down restaurants.

Since 2006Food & BeverageSandy, UTwww.rodizio.com
2024 FDDItem 19 AvailableSBA Loan Data

Disclaimer: This information was extracted using AI from public Franchise Disclosure Documents and should be independently verified. This is not financial or legal advice. Always review official FDD filings before making investment decisions.

Overview

Investment
$1,065,500 - $3,650,000
Franchise Fee
$50,000
Locations
16

Financial Requirements

Franchise Fee$50,000
Initial Investment Range$1,065,500 - $3,650,000
Royalty Rate4.50%
Brand Fund1.00%
Fixed Monthly Fees$200 - $400

4.5% royalty + 1% marketing fund + $200-400/mo POS subscription

Franchise Stats

Franchise Locations16
Corporate Locations6
States Operating14
Franchising Since2006
FDD Year2024

Financial Performance

Item 19 Financial Performance

Average Gross Revenue
$2,801,097
Median Gross Revenue
$2,806,967

Data Based On: 12 franchised Rodizio Grill® units open for a full 12 months during 2023.

Extracted Item 19 Section

How RODIZIO GRILL Compares to Other Casual Dining Franchises

Key Insights

  • Lower than average SBA loan default rate in Casual Dining
FranchiseInvestment RangeFranchise FeeRoyaltyLocations
RODIZIO GRILL
Current
$1.1M - $3.6M$50K4.5%16
IHOP & INTERNATIONAL HOUSE OF PANCAKES$1.8M - $4.5M$69KN/A1,703
BUFFALO WILD WINGS$2.5M - $4.9M$25K5.0%538
GOLDEN CORRAL STEAKS, BUFFET & BAKERY$2.1M - $8.5M$50K4.0%352
GOLDEN CORRAL$2.2M - $8.7M$50K4.0%348
ORIGINAL PANCAKE HOUSE (THE)$483K - $1.7M$60K2.0%146
Casual Dining Average
43 franchises
$1.6M - $3.6M$44K4.6%-

* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 43 Casual Dining franchises by location count.

Locations & Growth

Outlet Growth Over Time

Total outlets at end of each year

Geographic Distribution (2023)

Outlets by state across the United States

Top States by Outlet Count
1TN
2
2FL
2
3MD
1
4MN
1
5NE
1
6NJ
1
7NV
1
8OH
1
9OK
1
10AZ
1
11WI
1
12CO
1

SBA Loan History

Historical SBA 7(a) loan data for RODIZIO GRILL franchisees (2013 - 2024)

Total Loans
9
Average Loan Amount
$1,028,944
Total Loan Volume
$9,260,500
Default Rate
11.1%

Loans by Year

* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.

Franchisee Contacts

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Due Diligence

Litigation (Item 3)

Franchisee Litigation Cases0

No litigation involving franchisees reported in the FDD.

Bankruptcy (Item 4)

Bankruptcy HistoryNo

No bankruptcy history reported in the FDD.

System Health (Item 20)

Franchise system changes reported in the most recent fiscal year

Terminations
0
Non-Renewals
0
Reacquired by Franchisor
0
Ceased Operations (Other)
0
System Transfers
2
Sold to Franchisees
1
Projected New Franchises
3

Frequently Asked Questions

How much does it cost to open a RODIZIO GRILL franchise?

The total initial investment to open a RODIZIO GRILL franchise ranges from $1,065,500 to $3,650,000. This includes a franchise fee of $50,000. Ongoing royalty fees are 4.5% of gross sales.

How much revenue does a RODIZIO GRILL franchise make?

According to the 2024 FDD, the average gross revenue for a RODIZIO GRILL franchise is $2,801,097. The median revenue is $2,806,967.

How many RODIZIO GRILL franchise locations are there?

As of the 2024 FDD, RODIZIO GRILL has 16 franchise locations. The company has been franchising since 2006.

Can you get an SBA loan for a RODIZIO GRILL franchise?

Yes, SBA loans are available for RODIZIO GRILL franchises. Historical data shows 9 SBA 7(a) loans have been approved for RODIZIO GRILL franchisees, with an average loan amount of $1,028,944. The historical default rate is 11.1%.

Is RODIZIO GRILL a good franchise to buy?

RODIZIO GRILL shows several positive indicators: transparent financial performance data (Item 19). However, franchise success depends on many factors including location, local market conditions, and owner involvement. We recommend speaking with existing franchisees and consulting with a franchise attorney before making a decision.

Interested in RODIZIO GRILL?

Talk to a franchise advisor to get personalized guidance and learn if RODIZIO GRILL is the right fit for you.

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