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FiiZ Drinks

FiiZ Drinks

FiiZ Drinks franchises specialty shops that offer a wide array of sodas, carbonated and non-carbonated beverages, baked goods, other food menu items, and retail merchandise under proprietary marks and a standardized system of operations. Franchisees operate drive-thru or end-cap locations typically 1,000-1,500 square feet, following strict guidelines for recipes, décor, merchandising, and procedures. The business targets customers seeking unique specialty drinks in a competitive market including soda shops, coffee shops, bakeries, and fast-food outlets.

Since 2013Food & BeverageSalt Lake City, UTFiiZ Drinks, Inc.www.fiizdrinks.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
$249,500 - $774,500
Franchise Fee
$40,000
Locations
63

Financial Requirements

Franchise Fee$40,000
Initial Investment Range$249,500 - $774,500
Royalty Rate8.00%
Brand Fund1.00%
Fixed Monthly Fees$1,439 - $1,439

8% royalty (greater of 8% Net Sales or $2,500/mo) + 1% brand development fund + $1,439/mo technology & software fees

Franchise Stats

Franchise Locations63
Corporate Locations6
States Operating11
Franchising Since2013
FDD Year2024

Financial Performance

Item 19 Financial Performance

Average Gross Revenue
$674,162.73
Median Gross Revenue
$650,732
Top Quartile Revenue
$1,017,967
Bottom Quartile Revenue
$359,343

Data Based On: 37 franchised System Shops and 4 affiliated-owned Shops that were open throughout the entirety of the 2023 calendar year and featured drive-thru service capabilities.

* Calculated weighted average gross revenue for 37 franchised shops: (9 units × $1,017,967 + 10 units × $713,636 + 9 units × $601,319 + 9 units × $359,343) / 37 total units = $674,162.73. Median gross revenue estimated by averaging the medians of the Upper Mid 25% and Lower Mid 25% quartiles: ($694,400 + $607,064) / 2 = $650,732.00. No expense or profit data provided for net income/profit/EBITDA estimations.

Extracted Item 19 Section

How FiiZ Drinks Compares to Other Beverages Franchises

Key Insights

  • Top 10 largest franchise system in Beverages
  • One of the lowest SBA loan default rates in Beverages
FranchiseInvestment RangeFranchise FeeRoyaltyLocations
FiiZ Drinks
Current
$250K - $775K$40K8.0%63
KUNG FU TEA$169K - $378K$37K4.0%385
SHARETEA$225K - $555K$12K6.0%153
DING TEA$195K - $324K$30KN/A120
BAMBU$159K - $328K$49K3.5%60
TIGER SUGAR$306K - $542K$85K7.0%47
Beverages Average
20 franchises
$281K - $629K$40K5.2%-

* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 20 Beverages 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
1UT
47
2TX
6
3ID
4
4OH
1
5WY
1
6NC
1
7NM
1
8CO
0
9AZ
0

SBA Loan History

Historical SBA 7(a) loan data for FiiZ Drinks franchisees (2016 - 2025)

Total Loans
24
Average Loan Amount
$262,933
Total Loan Volume
$6,310,400
Default Rate
0.0%

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
1
Non-Renewals
0
Reacquired by Franchisor
5
Ceased Operations (Other)
0
System Transfers
11
Sold to Franchisees
0
Projected New Franchises
30

Frequently Asked Questions

How much does it cost to open a FiiZ Drinks franchise?

The total initial investment to open a FiiZ Drinks franchise ranges from $249,500 to $774,500. This includes a franchise fee of $40,000. Ongoing royalty fees are 8.0% of gross sales.

How much revenue does a FiiZ Drinks franchise make?

According to the 2024 FDD, the average gross revenue for a FiiZ Drinks franchise is $674,162.73. The median revenue is $650,732.

How many FiiZ Drinks franchise locations are there?

As of the 2024 FDD, FiiZ Drinks has 63 franchise locations. The company has been franchising since 2013.

Can you get an SBA loan for a FiiZ Drinks franchise?

Yes, SBA loans are available for FiiZ Drinks franchises. Historical data shows 24 SBA 7(a) loans have been approved for FiiZ Drinks franchisees, with an average loan amount of $262,933. The historical default rate is 0.0%.

Is FiiZ Drinks a good franchise to buy?

FiiZ Drinks shows several positive indicators: transparent financial performance data (Item 19), low SBA loan default rate. 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 FiiZ Drinks?

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

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