Sagar Ratna Franchise

Ways to Partner with Sagar Ratna

3 partner models published by the brand. Figures it doesn't publish are left blank.

What the press, courts and real franchisees or customers have said about Sagar Ratna — summarised by us, with every source linked.

• Legal / regulatory· 2017-05-23

  Reported disputes between promoter and private equity investor (2017)

  When the promoter bought back a 77% stake from India Equity Partners in May 2017, the Economic Times report (summarised by Mergers India) said the two sides had been in legal disputes over governance and quality, and that some litigation between them remained unresolved. The forum, case numbers and outcome are not stated in the report and were not found in the public sources checked.

  Source: Mergers India summary of Economic Times, 23 May 2017
• In the news· 2025-12-07

  Group says it is curtailing franchising (Dec 2025)

  In a PTI interview carried by Outlook Business on 7 Dec 2025, the group's managing director said the company is 'curtailing the franchise business' and 'going with the company-owned stores', targeting about 80% company-owned and 20% franchise. He put franchise and company stores together at around 170, with 10-12 openings planned in six months and Rs 30-35 crore capex through FY27.

  Source: Outlook Business (PTI)
• In the news· 2017-05-23

  Promoter regains control of the chain (2017)

  The promoter bought back the 77% stake he had sold to India Equity Partners in 2011, through Ocean Pearl Hotels; the price was not disclosed. The report said IEP's original controlling stake cost about Rs 180 crore, that mounting losses and disputes had cut the valuation, and that IEP's stake sale a year earlier found limited buyers at its asking price.

  Source: Mergers India summary of Economic Times, 23 May 2017
• Legal / regulatory· 2019-01-29

  Franchisee disputes in Delhi courts (2012-2020)

  Indian Kanoon has five orders covering four franchisee disputes: Sagar Ratna sued the franchisees at Chandigarh (2018-2020, referred to arbitration) and Vrindavan (2012); franchisees at Roorkee and another outlet sued Sagar Ratna in 2012 alleging breach of the franchise agreement, and the Roorkee plaint was rejected. The Delhi High Court upheld an injunction against the Chandigarh franchisee in 2019. Final outcomes of the Vrindavan and second 2012 suit were not found.

  Source: Indian Kanoon (Delhi courts)

Franchise-policy points the brand publishes

From Sagar Ratna's Franchise Policy page, 1 Nov 2026. No figures are given for any of these.

Source: Sagar Ratna Franchise Policy page

Key Terms at Sagar Ratna

The clauses that shape day-to-day running and your exit — read these before the fee.

Renewal

The Franchise Policy page says the tenure is 'offered with renewal options'; the length of the term and renewal conditions are not published.

Payments to the brand

The Franchise Policy page describes a royalty-based revenue-sharing model; the percentage, base and frequency are not published.

Who pays for what

The franchise fee is 'included within the overall investment package' per the Franchise Policy page; the amount is not published.

Legal & Contract Summary

Key contract terms at a glance — read before you sign.

Who Can Apply for Sagar Ratna

Conditions the brand sets for partners, and the licences the business needs.

• Commercial space: Own or can secure commercial space in high-footfall areasRequired
• Service standard: Committed to delivering high-quality customer serviceRequired
• Operations: Able to manage a team and the day-to-day running of the restaurantRequired

About the Brand

Sagar Ratna Outlet Network

Cities with Outlets

Company Health Check

What Sagar Ratna's franchisor company has filed with the registrar and the courts — the checks a lawyer would run before you sign.

Status with the registrar

Active

Source: Bloomberg LEI record (entity status active) and Tofler (Active, updated 30 Sep 2026); MCA21 master data, filings and charges not read (checked 1 Nov 2026)

How Sagar Ratna looks once the numbers are checked side by side.

• •Investment below the Food & Beverage medianMidpoint ₹0 L vs a category median of ₹23.5 L across brands on FranchiseChuno.
• ✓27 years of franchisingFranchising since 1999, with 170 outlets.
• !Outlet claim is well above its store locatorSagar Ratna claims 170 outlets, but its own store locator lists 58 (1 Nov 2026). Ask for a current list of operating outlets.
• !1 red flag in the news or public discussionSee Reputation & News below, and ask the brand to address each one.

Ask Before You Sign

Questions tailored to what Sagar Ratna does and doesn't publish.

1. 1Speak to at least 3 franchisees who have run an outlet for 2+ years and see their actual monthly sales and profit — a franchisor making money doesn't mean its franchisees do.
2. 2Ask for the one-time franchise fee in writing, and whether any part is refundable.
3. 3Ask for the royalty and any marketing-fund fee, and how they're calculated (on sales or profit).
4. 4Ask for the agreement term, renewal fee and exit or transfer terms.
5. 5Ask whether you get an exclusive territory, and how large it is.
6. 6Ask the brand to respond to each red flag listed under Reputation & News.
7. 7Have a lawyer review the franchise agreement before paying anything.
8. 8Visit 2–3 existing outlets and speak to their owners without the brand present.

What Sagar Ratna franchisees say

We haven't yet heard from enough Sagar Ratna franchisees to show anything. We publish totals once 3 or more people who run an outlet have answered and we've called each one to check.

Frequently Asked Questions