Bottom line
- Total investment $337K – $605K including a $35K franchise fee, 5.0% ongoing royalty.
- No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
- Rated CAUTION with a risk score of 75/100.
- No Item 19 financial performance representation. Without franchisor-disclosed revenue data, you'll need to gather unit economics directly from existing franchisees.
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 BOBAEBANJUM unit return on the cash you put in?
Unlevered ROIC · per unit
23%
Below typical band (30–60%)
Overview
About
BOBAEBANJUM franchisees operate a boba tea café, managing daily beverage preparation, customer service, inventory management, and point-of-sale operations. Franchisees are responsible for staffing, local marketing, and maintaining brand standards within their protected territory. The business model relies on high-volume beverage sales with recurring customer visits.
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 · 5 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.
No SBA loan data available for this brand.
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Pre-revenue or near-collapse franchise system with only one unit, undisclosed financials, and franchisor going concern issues presents extreme risk for $337k-$604.5k investment.
Score breakdown · what drove the 75 / 100 rating
- 01HIGHGoing Concern issue — franchisor may face financial viability problems
- 02MINOROnly 1 unit in system — no demonstrated scalability or multi-unit validation
- 03MINORNo average revenue or net income disclosure — impossible to assess ROI on $337k-$604.5k investment
- 04MINORHigh initial investment ($337k-$604.5k) with unproven unit economics and no Item 19 financial data
- 05MINORSingle unit suggests franchise is pre-revenue or post-failure recovery — extreme business model risk
- 06MINOR5-year term is relatively short for recouping investment in food/beverage sector
- 07MEDNo disclosed unit growth trajectory — suggests stagnation or recent launches
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
BOBAEBANJUM · FDD (2026) PDF