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.

63
Locations
$250K–$775K
Investment
Since 2013
Franchising
Food & BeverageSalt Lake City, UTFiiZ Drinks, Inc.www.fiizdrinks.comDisclaimer

Franchise Costs


Franchise Fee
$40,000
Item 5 of FDD
Initial Investment Range
$249,500 $774,500
Low: $249,500High: $774,500
Item 7 of FDD
Royalty Rate
8.00%
of gross sales
Brand Fund
1.00%
Item 6 of FDD
Fixed Monthly Fees
$1,439 – $1,439
Item 6 of FDD

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

Financial Performance


Item 19 Financial Performance

Average Gross Revenue
$0
Median Gross Revenue
$0
Top Quartile Revenue
$0
Bottom Quartile Revenue
$0

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


Key Insights

  • Top 10 largest franchise system in Beverages
  • One of the lowest SBA loan default rates in Beverages
FranchiseInvestmentFeeRoyaltyLocations
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
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 (20162025)

Total Loans
24
Average Loan
$262,933
Total Volume
$6.3M
Default Rate
0.0%

Loans by Year

SBA 7(a) loan activity over time

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

Franchisee Contacts


85 franchisee contacts on file from official FDD filings.

NameSBA Loan
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active

85 Contacts Available

Unlock all FiiZ Drinks franchisee contacts with verified contact information

Due Diligence


Litigation (Item 3)

Franchisee Cases0
No litigation involving franchisees reported

Bankruptcy (Item 4)

Bankruptcy HistoryNo
No bankruptcy history reported

System Health (Item 20)

Franchise system changes reported in the most recent fiscal year

Terminations
1
Non-Renewals
0
Reacquired
5
Ceased Ops
0
Transfers
11
Sold to Franchisees
0
Projected New
30

Frequently Asked Questions


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.

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