Swig
Swig Franchising, LLC franchises drink shops that specialize in serving specialty drinks and sweets under the Swig brand. Franchisees operate within a system that includes specific standards, methods, policies, and procedures, purchasing required materials and equipment from approved suppliers. The business targets consumers in the competitive market for soda shops, specialty beverages, and sweet treats, competing with national chains and independent operators.
Franchise Costs
7% royalty + 3% marketing fund + $400/mo technology fee
Financial Performance
Item 19 Financial Performance
Data Based On: Data is based on 56 affiliate-owned stores and 2 franchised stores that operated the entire period from December 27, 2023 to December 31, 2024. The affiliate-owned stores' data for Other Costs, SLEBITDA and SLEBITDA % has been adjusted to account for 7% royalties and 3% marketing fund contributions, representing how they would have performed as franchised stores.
* Average Gross Profit calculated by subtracting Average Prime Costs ($612,581) from Average Gross Sales ($1,219,645). Franchise Adjusted SLEBITDA ($193,746) and Franchise Adjusted SLEBITDA % (15.9%) were used for average_ebitda and ebitda_margin_pct respectively, as these figures are explicitly stated as adjusted for royalties and marketing fund contributions to represent franchised operations. The best_guess_profit_low and best_guess_profit_high are derived from the minimum and maximum values of the Franchise Adjusted SLEBITDA provided in Table 2.
Extracted Item 19 Section
Avg. Revenue: $1,219,645
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How Swig Compares
Key Insights
- Higher investment than 95% of Beverages franchises
| Franchise | Investment | Fee | Royalty | Locations |
|---|---|---|---|---|
Swig Current | $608K โ $1.7M | $40K | 7.0% | 16 |
| KUNG FU TEA | $169K โ $378K | $37K | 4.0% | 385 |
| SHARETEA | $276K โ $606K | $12K | 6.0% | 146 |
| DING TEA | $195K โ $324K | $30K | N/A | 101 |
| FiiZ Drinks | $250K โ $775K | $40K | 8.0% | 63 |
| BAMBU | $159K โ $328K | $49K | 3.5% | 60 |
Beverages Average 21 franchises | $299K โ $684K | $40K | 5.3% | โ |
* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 21 Beverages franchises by location count.
Locations & Growth
Outlet Growth Over Time
Total outlets at end of each year
Geographic Distribution (2024)
Outlets by state across the United States
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Franchisee Contacts
24 franchisee contacts on file from official FDD filings.
24 Contacts Available
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Due Diligence
Litigation (Item 3)
Bankruptcy (Item 4)
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
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Frequently Asked Questions
The total initial investment to open a Swig franchise ranges from $608,400 to $1,718,000. This includes a franchise fee of $39,500. Ongoing royalty fees are 7.0% of gross sales.
Download Swig FDD
Complete Franchise Disclosure Document โ 2025 filing.
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Download Swig FDD
Complete Franchise Disclosure Document โ 2025 filing.
Best Value โ Save with Full Access
- Access the full database of 1,700+ franchise FDDs
- Franchisee names, phone numbers & locations
- Revenue data, fees, investment breakdowns
- SBA loan history & default rates
- Litigation, bankruptcy & due diligence data
- Pay once, access everything forever