3 NativesFranchise Cost, Revenue & Review 2026
Data from FDD filing + SBA 7(a) records
FranchiseVerdict summary · 2026
A 3 Natives franchise requires a total initial investment of $311K – $524K, including a $40K franchise fee and an ongoing 6.0% royalty[2]. Per the 2025 FDD, average unit revenue was $674K[2]. Verdict grade: A. Run a live ROI scan →
Data last verified June 18, 2026 · figures per the 2025 FDD issuance
Overview
- Investment
- $311K – $524K
- 61st pct Service Resta…
- Avg gross sales
- $674K
- 18th pct Service Resta…
- Royalty
- 6.0%
- 44th pct Service Resta…
- Units
- 41
- 60th pct Service Resta…
- SBA default
- N/A
Quick verdict · Quick-Service Restaurants · color = vs category peers
Green = >15% above Quick-Service Restaurants avg · No shading = within ±15% · Red = >15% below avg · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
The system grew 42% year-over-year. Fast growth means demand, but can strain support.
35% cash-on-cash return (based on P&L Bottom Line). Above the 20% threshold most investors target.
Bottom line
- Total investment $311K – $524K including a $40K franchise fee, 6.0% ongoing royalty.
- Average unit revenue of $674K/year (median $658K), with an estimated 35% cash-on-cash return (based on P&L Bottom Line).
- Verdict A (Top Quintile) with a risk score of 5/100.
- System growing at 142.9% CAGR over 3 years with 41 total units. Strong expansion trajectory.
Item 1 · who you're contracting with
The Franchisor
- Legal entity
- 3 Natives Franchising, LLC
- Parent company
- 3 Natives Holdco, LLC
- CEO title
- Chief Executive Officer
- Anthony Bambino
- CEO experience
- 2015 yrs
- Years in role or industry
- Founder active
- Yes
- Original founder still leading the business
- Incorporated in
- FL
- HQ
- 250 Tequesta Drive, Suite 201, Tequesta, Florida 33469
- Auditor
- Mari Huff C.P.A., P.A.
- Audited financials
- Franchisor revenue
- $764K
- vs $1.2M prior year
- Management churn noted
- Frequent turnover
- Item 2 disclosed frequent executive changes
Overview
About
3 Natives franchisees operate what appears to be a beverage/smoothie or açai bowl café concept, managing daily operations including customer service, inventory management, food/drink preparation, staff oversight, and local marketing. Franchisees are responsible for leasing retail space, hiring/training employees, and maintaining brand standards across menu and customer experience.
- CEO
- Anthony Bambino
- Headquarters
- FL
- Founded
- 2015
- FDD year
- 2025
- States available
- 4
FDD Item 7 · 2025 filing · 14 line items
Initial investment breakdown
| Line item | Low | High | |
|---|---|---|---|
| Initial Franchise Fee | $40K | $40K | |
| Leasehold Improvements | $180K | $280K | |
| Furniture, Fixtures and Equipment (including point of sale/cash register system) | $30K | $100K | |
| Plans | $5K | $10K | |
| Permits & Licenses | $3K | $5K | |
| Signs | $6K | $15K | |
| Initial Inventory and Supplies | $5K | $7K | |
| Grand Opening Advertising | $5K | $5K | |
| Initial Training Expenses | $2K | $5K | |
| Professional Fees | $2K | $3K | |
| Utility Deposits | $500 | $2K | |
| Lease Deposits | $12K | $14K | |
| Insurance and Utility Deposits | $1K | $3K | |
| Additional Funds for First 3 Months (Working Capital) | $20K | $35K | |
| Total initial investment | $311K | $524K |
Line items extracted from FDD Item 7. Ranges reflect the franchisor's stated low and high per line. Total is the sum of line-item lows / highs — actual costs may fall outside this range depending on market and build-out scope.
Single-unit · estimated
Returns at a glance
Indicative numbers using FDD Item 7 / Item 19 inputs and category-benchmarked cost ratios. Full single-unit, 25-unit portfolio, and LBO models (with every input editable to stress-test your own scenario) live on the financials page.
Store EBITDA · annual
$94K
14.0% margin
Unlevered ROIC
21%
EBITDA / total invested capital
Payback
4.7 yrs
cash-on-cash, unlevered
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $311K – $524K
- Near category avg vs category
- Liquid capital req'd
- $20K – $35K
- Near category avg vs category
- Franchise fee
- $40K – $40K
- Near category avg vs category
- Royalty
- 6.0%
- Gross Revenues · typical 6–8%
- Ad fund
- 2.0%
- typical 3–5%
- Total fee load
- 8.0%
- vs 9–13% typical
- Payback period
- 2.9 yrs
- From FDD / Item 19
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 6.0% of gross sales |
| Marketing / ad fund | 2.0% of gross sales |
| Technology fee | $150 |
| Transfer fee | $20K |
| Renewal fee | $10K |
| Total fee load | 8.0% of rev |
Financial Performance
- Avg gross sales
- $674K
- Per unit, per year
- Median gross sales
- $658K
- Avg p&l bottom line
- $144K
- Reported as P&L Bottom Line in FDD Item 19
- Cash-on-cash
- 34.6%
- Based on P&L Bottom Line / investment midpoint
- Item 19 type
- Historical
- Sample size
- 24 units
- vs category median 28
- Range (low → high)
- $319K→$1.2M
- Cohort dispersion (min → max)
- Quartile band
- $420K→$1.0M
- Bottom 25% → top 25%
- Transparency
- 10 / 5
- vs category median 4 / 5 · above
Compared against 453 Quick-Service Restaurants brands
vs Quick-Service Restaurants averages
How 3 Natives Compares
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 41
- Opened
- 12
- Last reporting year
- Closed
- 1
- Terminated
- 0
- Franchisor ended the franchise (per Item 20)
- Non-renewed
- 0
- Term expired, not renewed (per Item 20)
- Turnover rate
- 2.4%
- Company-owned
- 7
- Corporate units in the system
- % franchised
- 83%
- vs corporate-owned
- Multi-unit owners
- 66.7%
- Net growth (yr3)
- +41.7%
- Net unit change last year
- 3-yr CAGR
- +142.9%
- Compounded over last 3 years
3-year detail · Item 20
- Transfers (3yr)
- 2
- Projected new
- 16
- Franchisor's next-year forecast
- Transfer rate
- 4.9%
- Owners selling to other franchisees
- Ceased ops
- 2.4%
- Units that stopped operating
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 5 states with active franchisees
The Territory Map
Derived from franchisee contact records. Shows states with at least one current operator. Not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).
States derived from franchisee contact records (FDD Item 20). Shows states with at least one current operator on file. Full state registration data (Item 12) will appear on a future FDD refresh.
Fast growth in a small system. Newer franchisors expanding quickly may not yet have the support infrastructure of larger systems.
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA loan disclosures. This brand has only 9 7(a) loans on file; statistical reliability is limited below 10 loans.
- Total loans
- 9
- Loan volume
- $2.6M
- Median loan
- $264K
- 50th percentile
- Charge-off rate
- N/A
Historical SBA 7(a) lending data, not predictive of future performance. How SBA charge-off rates are calculated
- Repayment rate (PIF)
- N/A
- 5-yr charge-off
- N/A
- Loans approved 2021+
- Active lenders
- 5
- Defaults
- 0
Explore lender portfolios on Bank Reports or regional data on State Reports.
Premium insight
SBA Lending Report
Deep-dive into 3 Natives's SBA lending history: lender network, geographic footprint, interest rates, and more.
SBA Lending Report
- Principal loss rate and NAICS industry benchmark
- 5 lenders with concentration factor
- Per-state charge-off rates across 3 states
- Startup risk premium and job creation velocity
- 3-year lending trend
Instant access. No subscription.
Risk analysis
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Rapid growth, undocumented financial claims, high investment-to-income ratio, and absence of verified performance data create moderate-to-high risk despite no litigation.
Litigation (Item 3)
No litigation required to be disclosed
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · Mari Huff C.P.A., P.A.
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Supplier relationship · Items 8 & 16
- Franchisor sells you products: Yes
- Kickbacks from required suppliers: Yes
- Must buy proprietary products: Yes
- Restricted to system-approved products: Yes
- Can negotiate own supplier terms: No
Score breakdown · what drove the 5 / 100 rating
- 01MEDNo Item 19 (Financial Performance Representations) disclosed — cannot independently verify claimed $673.8k average revenue or $144.2k net income figures
- 02MINORExtremely high unit growth (41.7% YoY) is unsustainable and suggests potential quality/vetting concerns or inflated projections
- 03MEDHigh initial investment range ($310.5k–$523.5k) relative to disclosed net income ($144.2k) creates 2.1–3.6 year breakeven scenario with no margin for error
- 04MINOR6% royalty on gross revenues (not net) compounds profitability pressure and creates misaligned incentives during revenue downturns
- 05MINORProtected territory claims lack specificity — undefined territory size/population could leave franchisees competing indirectly
Severity inferred from the FDD text · not a regulatory classification
FDD Items 5, 6, 12, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 10 years |
|---|---|
| Renewal term | 10 years |
| Allowed renewalsℹ | 1 |
| Territory type | Radius/Boundaries |
| Protected territory | Yes |
| Exclusive territoryℹ | No |
| Online sales rights | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Optional |
| Non-compete (years)ℹ | 2 years |
| Right of first refusalℹ | Yes |
| Termination notice | 30 days |
| Mandatory arbitration | Yes |
| Jury trial waiver | Yes |
| Governing law | Florida |
| Litigation count | 0 |
View Item 3 litigation summary
No litigation required to be disclosed
Items 10, 11
Training & Operations
- Classroom training
- 0 hrs
- On-the-job training
- 112 hrs
- Training location
- On-site and off-site
- Ongoing training
- Required
- POS system
- Toast
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: Toast
Item 20 · call current owners
Franchisee Contacts
10 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
3 Natives · FDD (2025) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a 3 Natives franchise?
The total investment to open a 3 Natives franchise ranges from $311K – $524K, with an initial franchise fee of $40K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do 3 Natives franchise owners earn?
According to Item 19 of the 3 Natives FDD, the average gross sales per unit is $674K. The median is $658K. Note: this is gross revenue, not profit. Actual owner earnings vary based on location, operating costs, and management.
What is 3 Natives's franchise failure rate?
SBA 7(a) loan charge-off data is not available for 3 Natives (fewer than 10 loans on file). Charge-off rates are one way to gauge franchise risk, but not all franchise loans go through the SBA program. We recommend reviewing turnover and closure data in the FDD and speaking with current franchisees.
How many 3 Natives franchise locations are there?
As of their most recent FDD filing, 3 Natives has 41 total units in the United States, including 14 franchised units and 7 company-owned units. 12 new units were opened in the latest reporting year.
Is 3 Natives a good franchise to buy?
FranchiseVerdict rates 3 Natives as a A-grade franchise with a risk score of 5 out of 100, based on our analysis of investment costs, revenue data, SBA loan performance, and growth trends. Our rating is based solely on publicly available FDD and government data; we recommend speaking with current franchisees before making any investment decision. This is not investment advice.
Data sourced from public FDD filings and SBA 7(a) FOIA records. Not financial advice.
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Data extracted from public FDD filings and SBA 7(a) loan disclosures (FOIA). This information is provided for research purposes only and does not constitute financial, legal, or investment advice. Verify all figures with the franchisor's current Franchise Disclosure Document before making any investment decision.