Bottom line
- Total investment $233K – $444K including a $40K franchise fee, 5.0% ongoing royalty.
- No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
- Rated MODERATE with a risk score of 62/100. SBA loan default rate of 0.0% across 6 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
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 Bare Blends unit return on the cash you put in?
Unlevered ROIC · per unit
30%
Below typical band (30–60%)
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.
Item 7 · what it costs
The Vitals
Item 19
Financial Performance
This franchisor did not disclose financial performance representations in Item 19, or our extractor could not parse them.
Item 20 · unit dynamics
The Growth Chart
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 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.
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.
Score breakdown · what drove the 62 / 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
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
16 numbers
One-time purchase · CSV download · Validation questions included
FDD download
Bare Blends · FDD (2025) PDF