FranchiseVerdict
BAD ASS COFFEE OF HAWAII logo
FV-00223·STRONGExcellent95

Bad Ass Coffee Of Hawaii

Formerly known as Royal Aloha Coffee, Tea & Smoothies

Food & Beverage - Coffee & TeaFranchising since 2019Website
Investment
$526K – $992K
80th pct Coffee & Tea
Avg revenue
$665K
14th pct Coffee & Tea
Royalty
5.0%
17th pct Coffee & Tea
Units
33
71st pct Coffee & Tea
SBA default
0.0%
vs <3% typical

Bottom line

  • Total investment $526K – $992K including a $100K franchise fee, 5.0% ongoing royalty.
  • Average unit revenue of $665K/year (median $519K).
  • Rated STRONG with a risk score of 46/100. SBA loan default rate of 0.0% across 18 loans (below the industry average).
  • Auditor disclosed a going-concern note — flagged doubt about the franchisor's ability to continue operations. Verify against the latest FDD.

Item 1 · who you're contracting with

The Franchisor

Legal entity
Royal Aloha Franchise Company, LLC
Parent company
Royal Aloha Coffee Company, LLC
Incorporated in
Colorado
HQ
7347 South Revere Parkway, Building A, Suite A, Centennial, Colorado 80112
Auditor
The Adams Group, LLC
Audited financials
Franchisor revenue
$2.3M
vs $2.9M prior year
⚠ Going-concern note
Disclosed in FDD 2025
Auditor flagged doubt about continued operations. Verify against the latest FDD before deciding.

Yale framework · single-unit ROIC

Returns Analysis

Pulls Item 7 (investment) and Item 19 (revenue) from this brand's FDD into the Yale unlevered-ROIC formula. Override any input to stress-test it against your own assumptions.

The model · Yale framework

What would one BAD ASS COFFEE OF HAWAII unit return on the cash you put in?

Revenue · per unit, per year
$
FDD Item 19 reports $665,300
Franchisor take · royalty + ad fund
Royaltytyp 68%
%
Ad fundtyp 35%
%
Operating costs · category default: restaurant
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $526K–$992K
Working capital
$
FDD reports $30K–$30K

Unlevered ROIC · per unit

9%

Below typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$73K
EBITDA margin
11.0%
Total invested
$789K
Payback
129 mo
Unit-level only. A multi-unit portfolio gives up roughly 5–15% of this to shared services (corporate G&A) before reaching the ~10-unit break-even Yale describes.

Levered LBO scenario · Yale Crease Capital framing

What would 25 BAD ASS COFFEE OF HAWAII units return on equity?

Edit assumptions

Equity IRR · 5-yr

49.9%

7.57× MOIC

Year-1 DSCR

1.88×

EBITDA ÷ debt service

Equity required

$532K

on $2.7M purchase

Total debt

$2.1M

SBA $1.3M + senior + seller note

Overview

About

Franchisees operate specialty coffee retail locations featuring Hawaii-themed branding and products. Day-to-day operations include managing customer service, inventory, staff scheduling, and point-of-sale transactions in a coffee shop environment with limited food offerings typical of beverage-focused concepts.

CEO
Scott Snyder
Founded
2019
FDD year
2025
States available
13

Item 7 · what it costs

The Vitals

Total investment
$526K – $992K
All-in to open one unit
Liquid capital
$30K – $30K
Cash you must have on hand
Franchise fee
$100K
Royalty
5.0%
Net Sales · typical 6–8%
Ad fund
2.0%
typical 3–5%
Total fee load
7.0%
vs 9–13% typical

Item 19

Financial Performance

Avg gross sales
$665K
Per unit, per year
Median gross sales
$519K
Item 19 type
Net Sales
Sample size
29 units
vs category median 13 · large
Range (low → high)
$286K$1.7M
Cohort dispersion
Transparency
4 / 5
vs category median 2 / 5 · above
Revenue rank14th
vs Food & Beverage - Coffee & Tea peers
Investment cost rank80th
Lower investment ranks lower (better)
Royalty rate rank17th
Lower royalty = lower percentile (better)
Unit count rank71th
vs Food & Beverage - Coffee & Tea peers
Risk score rank12th
Lower risk = lower percentile (better)

Item 20 · unit dynamics

The Growth Chart

Total units
33
Opened
3
Last reporting year
Closed
1
Turnover rate
3.0%
Company-owned
1
Corporate units in the system
% franchised
97%
vs corporate-owned
Net growth (yr3)
+6.7%
Net unit change last year
3-yr CAGR
+28.0%
Compounded over last 3 years
2023
32+1
Franchised units
2024
30
Franchised units
2025
25
Franchised units

Year-over-year franchised unit counts and net change. Source: FDD Item 20.

Item 20 · 19 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).

AK
ME
VT
NH
MA
RI
CT
NY
NJ
PA
DE
MD
DC
WA
OR
CA
NV
ID
MT
WY
UT
CO
AZ
NM
ND
SD
NE
KS
OK
TX
MN
IA
MO
AR
LA
WI
IL
MS
TN
MI
IN
KY
AL
OH
WV
GA
VA
NC
SC
FL
HI
Registered · 19 states
Not registered

States derived from franchisee phone area codes (Item 20). Approximate — ported numbers may show the original state, not the franchisee's current location.

Government records

SBA Loan Data

Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.

Total loans
18
Loan volume
Avg loan
Default rate
0.0%
vs <3% typical · system-wide
5-yr default

FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17

Risk & Legal

46
Risk · 0-100
STRONG46 / 100

Modest growth, hidden profitability metrics, and past litigation signal execution risks in a maturing system where franchisees may struggle to justify $526k+ investment.

Score breakdown · what drove the 46 / 100 rating

  1. 01MEDNet income not disclosed in Item 19 — unable to verify actual profitability despite $665k average revenue
  2. 02MINORSlow unit growth of 6.7% YoY suggests market saturation or franchisee struggles in a mature 33-unit system
  3. 03HIGHTwo settled litigation cases (promissory note dispute with area developer and international license dispute) indicate operational/contractual friction
  4. 04MEDHigh initial investment ($526k–$992k) combined with undisclosed profitability creates unclear ROI timeline
  5. 05HIGHGoing concern disclosure raises questions about franchisor financial stability and long-term support

Severity inferred from the FDD text · not a regulatory classification

FDD Items 5, 6, 12, 17 · continued from Risk & Legal

Contract & Territory Detail

Territory
Radius
Protected territory
Yes
Initial term
10 years
Renewal term
10 years
Online sales rights
Restricted
Franchisor can compete
Yes
Hire a manager?
Allowed
Litigation count
2
Right of first refusal
Yes
Franchisor can buy back on resale
Mandatory arbitration
No
Jury trial waiver
Yes
Non-compete
2 yrs
Post-termination restriction
Owner-operator
Required
Governing law
Colorado

Item 11

Training & Operations

Classroom training
30 hrs
On-the-job training
50 hrs

Item 20

Franchisee Contacts

Phone numbers extracted directly from this brand's FDD Item 20. After purchase, you'll also receive a list of validation questions tailored to this brand.

Franchisee contacts

50 numbers

Locked
(469) 344-••••
TX
(850) 549-••••
FL
(757) 233-••••
VA

One-time purchase · CSV download · Validation questions included

FDD download

BAD ASS COFFEE OF HAWAII · FDD (2025) PDF

Single-page checkout · instant download · CSV export of contacts available separately above