Bare BlendsFranchise Cost, Revenue & Review 2026
Data from FDD filing + SBA 7(a) records
FranchiseVerdict summary · 2026
A Bare Blends franchise requires a total initial investment of $233K – $444K, including a $40K franchise fee and an ongoing 5.0% royalty[2]. Per the 2025 FDD, average unit revenue was $672K[2]. Verdict grade: B. Run a live ROI scan →
Data last verified June 18, 2026 · figures per the 2025 FDD issuance
Overview
- Investment
- $233K – $444K
- 41st pct Service Resta…
- Avg gross sales
- $672K
- 18th pct Service Resta…
- Royalty
- 5.0%
- 13th pct Service Resta…
- Units
- 10
- 35th 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
Franchised units fell from 7 to 4 over 3 years. Investigate why operators are leaving.
The franchisor's auditor raised doubt about continued operations. This is a serious risk signal.
Bottom line
- Total investment $233K – $444K including a $40K franchise fee, 5.0% ongoing royalty.
- Average unit revenue of $672K/year.
- Verdict B (Above Average) with a risk score of 58/100.
- Auditor disclosed a going-concern note, which 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
- Bare Blends Franchise, LLC
- Parent company
- Bare Blends LLC
- CEO title
- Chief Executive Officer
- Jessica Fuller
- Founder active
- Yes
- Original founder still leading the business
- Incorporated in
- DE
- HQ
- 1475 Western Avenue, Suite 24G, Albany, NY 12203
- Auditor
- Metwally CPA PLLC
- Audited financials
- Franchisor revenue
- $200K
- vs $271K prior year
- ⚠ Going-concern note
- Disclosed in FDD 2025
- Auditor flagged doubt about continued operations. Verify against the latest FDD before deciding.
Overview
About
Bare Blends franchisees operate health-focused beverage and smoothie bars, likely emphasizing nutritional products with minimal additives ('bare' positioning). Day-to-day operations typically include product preparation, point-of-sale management, inventory control, staff scheduling, and customer service in a retail setting.
- CEO
- Jessica Fuller
- Headquarters
- NY
- Founded
- 2020
- FDD year
- 2025
- States available
- 4
FDD Item 7 · 2025 filing · 16 line items
Initial investment breakdown
| Line item | Low | High | |
|---|---|---|---|
| Initial Franchise Feenot refundable | $40K | $40K | |
| Real Estate Deposits | $2K | $6K | |
| Utility Deposits | $700 | $1K | |
| Leasehold Improvements, Furniture, Fixtures, Furnishings and Decor | $54K | $185K | |
| Grand Opening Advertisingnot refundable | $8K | $8K | |
| Equipment | $45K | $80K | |
| Computer System and POS System | $2K | $5K | |
| Insurance | $1K | $2K | |
| Signage | $5K | $10K | |
| Initial Inventory | $4K | $19K | |
| Licenses and Permits | $80 | $1K | |
| Professional Fees | $3K | $6K | |
| Training Expenses | $2K | $2K | |
| Printing, Stationery and Office Supplies | $1K | $2K | |
| Design Services & Travel Expenses | $3K | $4K | |
| Additional Funds (3 months) | $63K | $74K | |
| Total initial investment | $233K | $444K |
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
$108K
16.0% margin
Unlevered ROIC
26%
EBITDA / total invested capital
Payback
3.8 yrs
cash-on-cash, unlevered
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $233K – $444K
- Near category avg vs category
- Liquid capital req'd
- $63K – $74K
- Below avg, review vs category
- Franchise fee
- $35K – $40K
- Below avg, review vs category
- Royalty
- 5.0%
- Net Sales · typical 6–8%
- Ad fund
- 1.0%
- typical 3–5%
- Total fee load
- 6.0%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 5.0% of gross sales |
| Marketing / ad fund | 1.0% of gross sales |
| Technology fee | $115 |
| Transfer fee | $20K |
| Renewal fee | $10K |
| Total fee load | 6.0% of rev |
A 6.0% total fee load is unusually lean. More of each revenue dollar stays with the franchisee.
Financial Performance
- Avg gross sales
- $672K
- Per unit, per year
- Median gross sales
- N/A
- Item 19 type
- gross_sales
- Sample size
- 10 units
- vs category median 28 · small
- Range (low → high)
- $142K→$1.2M
- Cohort dispersion (min → max)
- Reporting year
- 2024
- Fiscal year the figures cover
- Transparency
- 0 / 5
- vs category median 4 / 5 · below
Compared against 453 Quick-Service Restaurants brands
vs Quick-Service Restaurants averages
How Bare Blends Compares
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 10
- Opened
- 0
- Last reporting year
- Closed
- 0
- Terminated
- 0
- Franchisor ended the franchise (per Item 20)
- Non-renewed
- 0
- Term expired, not renewed (per Item 20)
- Turnover rate
- 0.0%
- Company-owned
- 3
- Corporate units in the system
- % franchised
- 70%
- vs corporate-owned
- Net growth (yr3)
- +0.0%
- Net unit change last year
- 3-yr CAGR
- +75.0%
- Compounded over last 3 years
3-year detail · Item 20
- Transfers (3yr)
- 0
- Projected new
- 0
- Franchisor's next-year forecast
- Continuity rate
- 100.0%
- Units that stayed open
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 11 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 3 7(a) loans on file; statistical reliability is limited below 10 loans.
- Total loans
- 3
- Loan volume
- $514K
- Median loan
- $175K
- 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
- 2
- Defaults
- 0
Explore lender portfolios on Bank Reports or regional data on State Reports.
Premium insight
SBA Lending Report
Deep-dive into Bare Blends's SBA lending history: lender network, geographic footprint, interest rates, and more.
SBA Lending Report
- Principal loss rate and NAICS industry benchmark
- 2 lenders with concentration factor
- Per-state charge-off rates across 2 states
- Startup risk premium and job creation velocity
- 2-year lending trend
Instant access. No subscription.
Risk analysis
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Bare Blends presents caution-level risk: a micro-franchise system with opaque financials, going concern status, zero growth transparency, and insufficient data to validate return on a $230K-$440K investment.
Litigation (Item 3)
No litigation required to be disclosed
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · Metwally CPA PLLC⚠ Going-concern note flagged
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Supplier relationship · Items 8 & 16
- Franchisor sells you products: No
- Kickbacks from required suppliers: No
- Must buy proprietary products: Yes
- Restricted to system-approved products: Yes
- Can negotiate own supplier terms: No
Score breakdown · what drove the 58 / 100 rating
- 01MINORNo Item 19 financial performance disclosure despite high investment range ($232K-$443K)
- 02MINOROnly 10 units system-wide indicates minimal scale and unproven model replicability
- 03MINORUnknown unit growth trajectory raises concerns about system viability and franchisee demand
- 04HIGHGoing concern status suggests franchisor financial instability despite operating
- 05MEDHigh investment-to-unit ratio ($23K-$44K per unit cost) with no disclosed revenue benchmarks to justify ROI
- 06HIGHNo litigation disclosure could mask disputes; 10-unit system makes any litigation proportionally significant
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 or Demographics |
| Protected territory | Yes |
| Exclusive territoryℹ | No |
| Territory radius | 1 mi |
| Territory population | 75,000 |
| Online sales rights | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Required |
| Non-compete (years)ℹ | 2 years |
| Non-compete (miles)ℹ | 20 mi |
| Right of first refusalℹ | Yes |
| RoFR response window | 30 days |
| Transfer requires consent | Yes |
| Termination notice | 90 days |
| Mandatory arbitration | Yes |
| Arbitration location | Delaware |
| Jury trial waiver | Yes |
| Governing law | Delaware |
| Litigation count | 0 |
View Item 3 litigation summary
No litigation required to be disclosed
Items 10, 11
Training & Operations
- Classroom training
- 36 hrs
- On-the-job training
- 84 hrs
- Time to open
- 6 mo
- From signing to launch
Items 5 & 11
Franchisor Support
Item 20 · call current owners
Franchisee Contacts
16 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
Bare Blends · FDD (2025) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a Bare Blends franchise?
The total investment to open a Bare Blends franchise ranges from $233K – $444K, 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 Bare Blends franchise owners earn?
According to Item 19 of the Bare Blends FDD, the average gross sales per unit is $672K. Note: this is gross revenue, not profit. Actual owner earnings vary based on location, operating costs, and management.
What is Bare Blends's franchise failure rate?
SBA 7(a) loan charge-off data is not available for Bare Blends (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 Bare Blends franchise locations are there?
As of their most recent FDD filing, Bare Blends has 10 total units in the United States, including 7 franchised units and 3 company-owned units.
Is Bare Blends a good franchise to buy?
FranchiseVerdict rates Bare Blends as a B-grade franchise with a risk score of 58 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.