3 Natives Franchise Cost, Revenue & Review 2026
Data from FDD filing + SBA 7(a) records
Analysis by FranchiseVerdict Research · Methodology
3 Natives is a fast-casual franchise serving acai bowls, smoothies, cold-pressed juices, wraps, and toasts. Franchisees run the cafes, managing fresh prep, staffing, and counter service.
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]. The 2025 FDD does not disclose unit-level revenue (no Item 19). FranchiseVerdict grade: A (Strongest tier), an editorial assessment, not investment advice. Run a live ROI scan →
Data last verified · figures per the 2025 FDD issuance
Overview
- Investment
- $311K – $524K
- 51st pct Service Resta…
- Avg gross sales
- N/A
- Incl. company outlets
- Royalty
- 6.0%
- 46th pct Service Resta…
- Units
- 41
- 62nd pct Service Resta…
- SBA charge-off
- N/A
Quick verdict · Quick-Service Restaurants · color = vs category peers
Green = favorable by >10% vs Quick-Service Restaurants avg · No shading = within ±10% · Red = unfavorable by >10% · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
Bottom line
- COSTTotal investment $311K – $524K including a $40K franchise fee, 6.0% ongoing royalty.
- RETURNSCY2024 Gross Revenue of the 24 FRANCHISED 3 Natives outlets open a full twelve months, from Item 19 Table I (total $16,172,148). Gross Revenue is aggregate point-of-sale product sales, unaudited and not independently verified. The franchisor publishes quartile band averages for the same 24 outlets: top 25 percent $966,195, 25-50 percent $766,520, 50-75 percent $564,533, bottom 25 percent $398,109 - these are averages OF each quartile, not quartile cut points. Of 34 franchised restaurants at the end of 2024, 10 are excluded as not open or not reporting during the period. The highest outlet in the table, Wellington FL at $1,176,459, was a franchised outlet until the franchisor reacquired it in November 2024. Deliberately excluded from the figures above: Table II's six affiliate-owned outlets (total $5,525,340, average $920,890) and Table III's combined 30-outlet set (total $21,697,488, average $723,250). Item 19 also gives a full P&L for each affiliate-owned outlet ending in 'Net Revenue' - $224,378 Jupiter, $194,071 Palm Beach Gardens, $145,828 Tequesta, $163,427 Juno Beach, $111,156 Village Commons, $26,343 Jacksonville. Those P&Ls do impute the 6 percent royalty and 1 percent + 1 percent marketing fees an affiliate would otherwise not pay, but they deduct no depreciation, amortization, interest, income tax or founder compensation, and they cover affiliate outlets operated by two of the founders - so 'Net Revenue' is restaurant-level operating income, not net income, and not a franchisee figure. Outlets are almost entirely in Florida, with two in Oklahoma.
- RISKVerdict A (Strongest tier), verdict score 61/100 (higher is better).
- GROWTHSystem growing at 142.9% CAGR over 3 years with 41 total units. Strong expansion trajectory.
Item 1 · who you're contracting with
The Franchisor
Corporate structure & franchisor financials
- 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
- Florida
- HQ
- 250 Tequesta Drive, Suite 201, Tequesta, Florida 33469
- Auditor
- Mari Huff C.P.A., P.A.
- Audited financials
- Franchisor revenue
- $1.4M
- vs $1.2M prior year
- Management churn noted
- Frequent turnover
- Item 2 disclosed frequent executive changes
Overview
About
- CEO
- Anthony Bambino
- Headquarters
- Florida
- Founded
- 2015
- FDD year
- 2025
- States available
- 4
Can you afford it, and what does the money buy?
Entry cost runs 37% below the typical quick-service restaurants franchise.
Source: FDD 2025 · Items 5–7
Full Item 7 breakdown14 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.
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $311K – $524K
- Middle of category vs category
- Liquid capital req'd
- $20K – $35K
- Top 40% of category vs category
- Franchise fee
- $40K – $40K
- Middle of category vs category
- Royalty
- 6.0%
- percentage · typical 6–8%
- Ad fund
- 2.0%
- typical 3–5%
- Total fee load
- 8.0%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 6.0% of gross sales |
| Marketing / ad fund | 2.0% of gross sales |
| Technology fee | $150 |
| Training fee | $2K |
| Transfer fee | $20K |
| Renewal fee | $10K |
| Inventory (initial) | $5K – $7K |
| Total fee load | 8.0% of rev |
What do units actually make?
Source: FDD 2025 · Item 19
ROI & LBO modelsSingle-unit · 25-unit portfolio · editable
3 Natives did not disclose financial performance in FDD Item 19. The ROIC and return models require Item 19 revenue. Without it all inputs are estimates. You can still run the calculator with your own assumptions by entering an expected revenue figure.
Returns model · single-unit ROIC
What would one 3 Natives unit return on the cash you put in?
Unlevered ROIC · per unit
Estimated return on your total franchise investment, before any debt financing.
24%
Below the 30–60% attractive-franchise band
These models are for research and scenario planning only. Not investment advice. Actual results depend on your specific location, management, and market conditions. Consult a franchise attorney and accountant before signing any franchise agreement.
Item 19 · Source: 2025 FDD
Financial Performance
CY2024 Gross Revenue of the 24 FRANCHISED 3 Natives outlets open a full twelve months, from Item 19 Table I (total $16,172,148). Gross Revenue is aggregate point-of-sale product sales, unaudited and not independently verified. The franchisor publishes quartile band averages for the same 24 outlets: top 25 percent $966,195, 25-50 percent $766,520, 50-75 percent $564,533, bottom 25 percent $398,109 - these are averages OF each quartile, not quartile cut points. Of 34 franchised restaurants at the end of 2024, 10 are excluded as not open or not reporting during the period. The highest outlet in the table, Wellington FL at $1,176,459, was a franchised outlet until the franchisor reacquired it in November 2024. Deliberately excluded from the figures above: Table II's six affiliate-owned outlets (total $5,525,340, average $920,890) and Table III's combined 30-outlet set (total $21,697,488, average $723,250). Item 19 also gives a full P&L for each affiliate-owned outlet ending in 'Net Revenue' - $224,378 Jupiter, $194,071 Palm Beach Gardens, $145,828 Tequesta, $163,427 Juno Beach, $111,156 Village Commons, $26,343 Jacksonville. Those P&Ls do impute the 6 percent royalty and 1 percent + 1 percent marketing fees an affiliate would otherwise not pay, but they deduct no depreciation, amortization, interest, income tax or founder compensation, and they cover affiliate outlets operated by two of the founders - so 'Net Revenue' is restaurant-level operating income, not net income, and not a franchisee figure. Outlets are almost entirely in Florida, with two in Oklahoma.
Includes company-owned outlets
- Item 19 type
- gross revenue
- Sample size
- 24
- vs category median 20
- Range (low → high)
- $319K→$1.2M
- Cohort dispersion (min → max)
- Quartile band
- $398K→$966K
- Bottom 25% → top 25%
- Reporting year
- 2024
- Fiscal year the figures cover
- Source filing
- FDD 2025
- Disclosed in the 2025 filing, covering 2024
- Transparency
- 7 / 10
- vs category median 4 / 10 · above
Compared against 782 Quick-Service Restaurants brands
Operator outlook
What the numbers say
Data-driven interpretation of this brand's financial disclosures, fee structure, and system trajectory.
Fee burden
Total ongoing fee load of 8.0% (near the Quick-Service Restaurants average).
Disclosure
Item 19 reports outlet revenue, but not in a form that yields a per-outlet average we can compare across brands.
Operator retention
System expanding at 142.9% CAGR over 3 years across 41 units — operators are staying and new ones are joining.
Multi-unit rate
67% of franchisees own multiple units — high repeat-buyer rate signals strong unit economics and operator satisfaction.
Source: FDD Item 19 financial performance representations and publicly filed FDD data. Past performance is not indicative of future results. Verify all figures with the franchisor and current franchisees before making any investment decision.
vs Quick-Service Restaurants averages
How 3 Natives Compares
Is the system healthy?
Source: FDD 2025 · Item 20
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
- 2.9%
- Company-owned
- 7
- Corporate units in the system
- % franchised
- 83%
- vs corporate-owned
- Multi-unit owners
- 66.7%
- Net growth (3-yr)
- +142.9%
- Net unit change over 3 years
- 3-yr CAGR
- +142.9%
- Compounded over last 3 years
3-year detail · Item 20
- Opened (3yr)
- 12
- Closed (3yr)
- 1
- Terminated (3yr)
- 0
- Non-renewed (3yr)
- 0
- Transfers (3yr)
- 2
- Reacquired (3yr)
- 1
- Franchisor bought back
- 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 12 · 4 states reported
The Territory Map
FDD Item 12 reports the state count, but the specific list isn't in our current data. The map will appear once we re-extract from the FDD or enough franchisee contacts are available.
4
states with franchisees (per FDD Item 12)
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
- limited sample (9 loans) — rate not shown below 10
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
- N/A
Explore lender portfolios on Bank Reports or regional data on State Reports.
What could kill this investment?
Source: SBA 7(a) FOIA · FDD Items 3, 21
Risk analysis
FranchiseVerdict rating + FDD Items 3, 4, 8, 16, 21
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)
Item 3 states there is 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 61 / 100 verdict
- 01MINORExtremely high unit growth (41.7% YoY) is unsustainable and suggests potential quality/vetting concerns or inflated projections
- 02MEDHigh 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
- 03MINOR6% royalty on gross revenues (not net) compounds profitability pressure and creates misaligned incentives during revenue downturns
- 04MINORProtected territory claims lack specificity — undefined territory size/population could leave franchisees competing indirectly
Severity inferred from the FDD text · not a regulatory classification
What are you signing up for?
Ongoing fees run about 8.0% of sales (royalty + ad fund), before rent and labor.
Source: FDD 2025 · Items 11, 12, 17
FDD Items 12, 15, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 10 years |
|---|---|
| Renewal term | 10 years |
| Allowed renewalsℹ | 1 |
| Territory type | protected |
| Protected territory | Yes |
| Exclusive territoryℹ | No |
| Territory sizeℹ | Varies by location (rural, suburban or high-density urban) |
| Online sales rightsℹ | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Optional |
| Non-compete (years)ℹ | 2 years |
| Non-compete (miles)ℹ | 5 mi |
| Right of first refusalℹ | Yes |
| Transfer requires consent | Yes |
| Termination notice | 30 days |
| Mandatory arbitration | Yes |
| Arbitration location | Florida |
| Jury trial waiver | Yes |
| Governing law | Florida |
| Litigation count | 0 |
View Item 3 litigation summary
Item 3 states there is no litigation required to be disclosed.
Items 10, 11
Training & Operations
- Classroom training
- 0 hrs
- On-the-job training
- 112 hrs
- Training location
- At an Affiliate-Owned location and the franchisee's Franchised Business location
- Ongoing training
- Required
- Time to open
- 12 mo
- From signing to launch
- Franchisor financing
- Not offered
- Item 10
- POS system
- Toast
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: Toast
Item 20 · call current owners
Franchisee Contacts
6 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?
3 Natives does not disclose average franchise owner earnings in their FDD Item 19. Not all franchisors are required to make financial performance representations. We recommend asking existing franchisees directly about their financial experience.
What is Item 19 in the 3 Natives FDD?
The FDD section where a franchisor may disclose financial performance of its outlets. Disclosure is optional and formats vary; figures are typically gross sales, which is revenue before expenses, not profit. FranchiseVerdict extracts these figures directly from the 3 Natives FDD and qualifies whose outlets they describe.
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 34 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 verdict score of 61 out of 100 (higher is better), 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.
For franchisors
Are you the franchisor?
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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.