Bottom line
- Total investment $177K – $615K including a $40K franchise fee, 6.0% ongoing royalty.
- Average unit revenue of $789K/year (median $744K).
- Rated STRONG with a risk score of 53/100.
- 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
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 Bango Bowls unit return on the cash you put in?
Unlevered ROIC · per unit
29%
Below typical band (30–60%)
Levered LBO scenario · Yale Crease Capital framing
What would 25 Bango Bowls units return on equity?
Equity IRR · 5-yr
49.9%
7.57× MOIC
Year-1 DSCR
1.88×
EBITDA ÷ debt service
Equity required
$1.4M
on $7.1M purchase
Total debt
$5.7M
SBA $3.5M + senior + seller note
Overview
About
Bango Bowls franchisees operate quick-service restaurants specializing in customizable bowl meals (likely açai, poke, grain, or smoothie bowls). Day-to-day operations include managing food preparation, inventory, point-of-sale systems, staffing, and customer service in a limited-service format designed for high throughput and repeat customers.
Item 7 · what it costs
The Vitals
Item 19
Financial Performance
Item 20 · unit dynamics
The Growth Chart
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 12 · 1 state 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.
1
states with franchisees (per FDD Item 12)
Government records
SBA Loan Data
Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.
No SBA loan data available for this brand.
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Bango Bowls is an early-stage, micro-brand with opaque profitability metrics and insufficient unit density to validate the franchise model's viability.
Score breakdown · what drove the 53 / 100 rating
- 01MINOROnly 7 units in system with unknown growth trajectory — insufficient scale and unclear expansion momentum
- 02MEDNet income not disclosed in FDD — inability to verify profitability claims or validate the $788,784 average revenue translates to actual owner earnings
- 03MINORWide investment range ($177K–$614K) suggests inconsistent unit economics or undefined build-out standards
- 04MED6% royalty on gross sales (not net) combined with undisclosed net income creates uncertainty about actual franchisee take-home
- 05MEDMicro-brand status with minimal track record — only 7 units provides limited data for franchisee success pattern validation
Severity inferred from the FDD text · not a regulatory classification
FDD Items 5, 6, 12, 17 · continued from Risk & Legal
Contract & Territory Detail
Item 11
Training & Operations
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
5 numbers
One-time purchase · CSV download · Validation questions included
FDD download
Bango Bowls · FDD (2025) PDF