BarberitosFranchise Cost, Revenue & Review 2026
Data from FDD filing + SBA 7(a) records
FranchiseVerdict summary · 2026
A BARBERITOS franchise requires a total initial investment of $506K – $720K, including a $35K franchise fee and an ongoing 6.0% royalty[2]. Per the 2026 FDD, average unit revenue was $1.1M[2]. Verdict grade: D. Run a live ROI scan →
Data last verified June 18, 2026 · figures per the 2026 FDD issuance
Overview
- Investment
- $506K – $720K
- 42nd pct Personal Care…
- Avg gross sales
- $1.1M
- 30th pct Personal Care…
- Royalty
- 6.0%
- 9th pct Personal Care…
- Units
- 43
- 26th pct Personal Care…
- SBA default
- 0.0%
- system-wide median varies by category
Quick verdict · Personal Care & Beauty · color = vs category peers
Green = >15% above Personal Care & Beauty 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
Bottom line
- Total investment $506K – $720K including a $35K franchise fee, 6.0% ongoing royalty.
- Average unit revenue of $1.1M/year.
- Verdict D (Below Average) with a risk score of 77/100.
- Bankruptcy history disclosed in the FDD. Review Item 4 for details before proceeding.
Item 1 · who you're contracting with
The Franchisor
- Legal entity
- Barberitos Franchising Co., LLC
- Parent company
- Barberitos, LLC
- Predecessor
- and Affiliates
- Prior franchisor entity
- Incorporated in
- DE
- HQ
- 3135 1st Avenue N., Suite 15459, St. Petersburg, FL 33733
- Auditor
- Katz, Sapper & Miller, LLP
- Audited financials
- Franchisor revenue
- $14.9M
- vs $32.1M prior year
Independent franchisee associations
- Franchise Advisory Council (FAC)
Franchisee-led councils or alliances disclosed in Item 20. Indicates operator voice.
Affiliated brands
- and has not offered franchises in any line of business
- and is the franchisor of the Saladworks franchise system
- and is the franchisor of the Frutta Bowls franchise system
- and is the franchisor of the Garbanzo Mediterranean Fresh franchise system
- operate any System outlets
Other brands the franchisor or its parent operates (Item 1).
Overview
About
Barberitos franchisees operate fast-casual Tex-Mex restaurants serving burritos, tacos, and bowls to counter-service customers. Daily operations include food prep, inventory management, staffing, and drive-thru/dine-in service across locations with modest footprints. Franchisees manage P&L, marketing, and local hiring while adhering to brand standards and paying 6% royalties on net sales.
- CEO
- Bryan Kelly Roddy
- Headquarters
- FL
- Founded
- 2022
- FDD year
- 2026
- States available
- 7
FDD Item 7 · 2026 filing · 19 line items
Initial investment breakdown
| Line item | Low | High | |
|---|---|---|---|
| Initial Franchise Feenot refundable | $35K | $35K | |
| Architectural Plan Reviewnot refundable | $0 | $2K | |
| Architect Feesnot refundable | $16K | $16K | |
| Permits & License Feenot refundable | $2K | $5K | |
| Leasehold Improvementsnot refundable | $165K | $278K | |
| Equipmentnot refundable | $137K | $150K | |
| Furniturenot refundable | $20K | $30K | |
| Millworknot refundable | $31K | $45K | |
| Smallwaresnot refundable | $15K | $17K | |
| Exterior Signagenot refundable | $8K | $17K | |
| Interior Signage and Graphicsnot refundable | $4K | $9K | |
| Technology Systemsnot refundable | $25K | $32K | |
| Technology Deposit Feenot refundable | $5K | $5K | |
| Grand Opening Marketingnot refundable | $15K | $15K | |
| Uniforms, Menu Materials, Office Suppliesnot refundable | $4K | $5K | |
| Travel & Living Expenses While Trainingnot refundable | $1K | $8K | |
| Opening Inventorynot refundable | $9K | $15K | |
| Insurancenot refundable | $2K | $4K | |
| Additional Funds - 3 monthsnot refundable | $15K | $35K | |
| Total initial investment | $506K | $720K |
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
$240K
21.0% margin
Unlevered ROIC
38%
EBITDA / total invested capital
Payback
32 mo
cash-on-cash, unlevered
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $506K – $720K
- Near category avg vs category
- Liquid capital req'd
- $15K – $35K
- Better than avg vs category
- Franchise fee
- $35K – $35K
- Better than avg vs category
- Royalty
- 6.0%
- Gross Sales · typical 6–8%
- Ad fund
- 3.0%
- typical 3–5%
- Total fee load
- 9.0%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 6.0% of gross sales |
| Marketing / ad fund | 3.0% of gross sales |
| Transfer fee | $13K |
| Renewal fee | $5K |
| Inventory (initial) | $9K – $15K |
| Total fee load | 9.0% of rev |
Financial Performance
- Avg gross sales
- $1.1M
- Per unit, per year
- Median gross sales
- N/A
- Item 19 type
- Historical
- Sample size
- 38 units
- vs category median 35
- Range (low → high)
- $480K→$3.0M
- Cohort dispersion (min → max)
- Transparency tier
- limited
- Categorical assessment of disclosure depth
- Reporting year
- 2025
- Fiscal year the figures cover
- Transparency
- 3 / 5
- vs category median 4 / 5 · below
Compared against 186 Personal Care & Beauty brands
vs Personal Care & Beauty averages
How Barberitos Compares
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 43
- Opened
- 4
- Last reporting year
- Closed
- 3
- Turnover rate
- 7.0%
- Company-owned
- 0
- Corporate units in the system
- % franchised
- 100%
- vs corporate-owned
- Net growth (yr3)
- +2.4%
- Net unit change last year
- 3-yr CAGR
- +2.4%
- Compounded over last 3 years
3-year detail · Item 20
- Transfers (3yr)
- 0
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 7 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.
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA loan disclosures. This brand has only 5 7(a) loans on file; statistical reliability is limited below 10 loans.
- Total loans
- 5
- Loan volume
- $1.6M
- Median loan
- $390K
- 50th percentile
- Charge-off rate
- 0.0%
- rates vary by category · see methodology
Historical SBA 7(a) lending data, not predictive of future performance. How SBA charge-off rates are calculated
- Repayment rate (PIF)
- 100.0%
- 5-yr charge-off
- N/A
- Loans approved 2021+
- Active lenders
- 4
- Defaults
- 0
Explore lender portfolios on Bank Reports or regional data on State Reports.
Premium insight
SBA Lending Report
Deep-dive into Barberitos's SBA lending history: lender network, geographic footprint, interest rates, and more.
SBA Lending Report
- Principal loss rate and NAICS industry benchmark
- 4 lenders with concentration factor
- Per-state charge-off rates across 3 states
- Startup risk premium and job creation velocity
- 4-year lending trend
Instant access. No subscription.
Risk analysis
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Small, stagnant QSR franchise with undisclosed profitability metrics and high capital requirements relative to system size and growth trajectory.
Litigation (Item 3)
0 case reference(s): 0 pending, 0 settled.
Bankruptcy (Item 4)
Disclosed in last 7 years
Bankruptcy Code; (b) obtained a discharge of its debts under the bankruptcy code; or (c) was a principal officer of a company or a general partner in a partnership that either filed as a debtor (or had filed against it) a petition to start an action under the U.S. Bankruptcy Code or that obtained a
Audited financials (Item 21)
Yes · Katz, Sapper & Miller, LLP
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Supplier relationship · Items 8 & 16
- Franchisor sells you products: No
- Must buy proprietary products: No
- Restricted to system-approved products: No
Score breakdown · what drove the 77 / 100 rating
- 01MINORNo Item 19 (Net Income) disclosure – cannot validate profitability claims against $505.5K-$720K investment
- 02MINORStagnant unit growth (2.4% YoY) with only 43 locations suggests market saturation or franchisee struggles
- 03MEDHigh initial investment ($505.5K-$720K) relative to disclosed average revenue ($1.14M) creates thin margin for error
- 04HIGHNo going concern statement despite small system size – suggests potential financial instability
- 05MINORRoyalty structure (6% of Net Sales) on average $1.14M revenue extracts ~$68.4K annually plus ongoing operational costs
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 |
| Territory type | Radius/Area |
| Protected territory | Yes |
| Online sales rights | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Required |
| Non-compete (years)ℹ | 2 years |
| Right of first refusalℹ | Yes |
| Termination notice | 30 days |
| Termination groundsℹ | 1 |
| Mandatory arbitration | Yes |
| Jury trial waiver | Yes |
| Governing law | Pennsylvania |
| Litigation count | 0 |
View Item 3 litigation summary
0 case reference(s): 0 pending, 0 settled.
Items 10, 11
Training & Operations
- Classroom training
- 15 hrs
- On-the-job training
- 80 hrs
- Training location
- On-site and corporate
Items 5 & 11
Franchisor Support
Item 20 · call current owners
Franchisee Contacts
52 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
BARBERITOS · FDD (2026) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a BARBERITOS franchise?
The total investment to open a BARBERITOS franchise ranges from $506K – $720K, with an initial franchise fee of $35K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do BARBERITOS franchise owners earn?
According to Item 19 of the BARBERITOS FDD, the average gross sales per unit is $1.1M. Note: this is gross revenue, not profit. Actual owner earnings vary based on location, operating costs, and management.
What is BARBERITOS's franchise failure rate?
SBA 7(a) loan charge-off data is not available for BARBERITOS (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 BARBERITOS franchise locations are there?
As of their most recent FDD filing, BARBERITOS has 43 total units in the United States, including 42 franchised units and 0 company-owned units. 4 new units were opened in the latest reporting year.
Is BARBERITOS a good franchise to buy?
FranchiseVerdict rates BARBERITOS as a D-grade franchise with a risk score of 77 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.