BNT Bubbl N Tea
Bottom line
- Total investment $276K – $426K including a $35K franchise fee.
- Average unit revenue of $786K/year (median $809K). Estimated payback in 0.6 years.
- Rated MODERATE with a risk score of 63/100.
- Emerging franchise — only 2 years of franchising with 1 units. Early-stage systems carry higher risk but may offer better territory availability.
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 BNT Bubbl N Tea unit return on the cash you put in?
Unlevered ROIC · per unit
20%
Below typical band (30–60%)
Levered LBO scenario · Yale Crease Capital framing
What would 25 BNT Bubbl N Tea units return on equity?
Equity IRR · 5-yr
49.9%
7.57× MOIC
Year-1 DSCR
1.88×
EBITDA ÷ debt service
Equity required
$629K
on $3.1M purchase
Total debt
$2.5M
SBA $1.6M + senior + seller note
Overview
About
Franchisees operate bubble tea retail locations, preparing and serving specialty tea beverages with tapioca pearls and other toppings. Day-to-day operations include inventory management, customer service, beverage preparation, and point-of-sale management in a QSR format.
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
Extremely early-stage franchise with single operating unit, franchisor stability concerns, and unproven system scalability despite attractive unit economics.
Score breakdown · what drove the 63 / 100 rating
- 01MINOROnly 1 unit in system with unknown growth trajectory indicates severely underdeveloped franchise model with no proven replicability
- 02HIGHGoing Concern = False suggests the franchisor itself may have financial stability issues or is a startup entity
- 03MINORHigh initial investment range ($275K-$426K) against single unit comparable creates unknown ROI risk and scaling uncertainty
- 04MINORRoyalty structure floor of $1,200/month ($14,400 annually) represents 1.8% of average revenue, but breakeven risk unclear for underperforming locations
- 05HIGHNo disclosed litigation may indicate insufficient franchise history to generate complaints rather than clean track record
- 06MEDAverage net income of $544K appears exceptional; wide gap between gross ($786K) and net suggests either highly efficient operations or incomplete cost disclosure
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
1 numbers
One-time purchase · CSV download · Validation questions included
FDD download
BNT Bubbl N Tea · FDD (2025) PDF