Bottom line
- Total investment $165K – $474K including a $35K franchise fee, 4.0% ongoing royalty.
- Average unit revenue of $604K/year (median $522K).
- Rated MODERATE with a risk score of 63/100.
- Emerging franchise — only 3 years of franchising with 4 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 Bonita Bowls unit return on the cash you put in?
Unlevered ROIC · per unit
30%
In Yale's "attractive" band (30–60%)
Levered LBO scenario · Yale Crease Capital framing
What would 25 Bonita Bowls units return on equity?
Equity IRR · 5-yr
49.9%
7.57× MOIC
Year-1 DSCR
1.88×
EBITDA ÷ debt service
Equity required
$1.3M
on $6.3M purchase
Total debt
$5.1M
SBA $3.2M + senior + seller note
Overview
About
Bonita Bowls franchisees operate fast-casual bowl restaurants, likely serving customizable grain/açai bowls, smoothies, and healthy prepared foods. Daily operations include inventory management, food prep, customer service, staffing, and maintaining brand standards across a limited territory. The business model targets health-conscious consumers in the fast-casual dining segment.
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 20 · 4 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
Bonita Bowls presents meaningful caution risk due to micro-scale operations (4 units), undisclosed profitability metrics, and franchisor going concern issues, making unit economics and system sustainability difficult to validate.
Score breakdown · what drove the 63 / 100 rating
- 01MINOROnly 4 units systemwide with unknown growth trajectory indicates minimal scale and unproven replicability
- 02MEDNet income not disclosed in FDD Item 19 prevents accurate ROI calculation and profitability verification
- 03MINORWide investment range ($165.4K-$474.2K) suggests high variability in startup costs with unclear drivers
- 04MINOREscalating royalty structure (4%→5%→6%) compounds margin pressure during critical early growth phase
- 05HIGHGoing Concern status = False suggests potential financial instability of franchisor itself
- 06MINORExtremely small unit count raises questions about franchisor viability and support infrastructure
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
6 numbers
One-time purchase · CSV download · Validation questions included
FDD download
Bonita Bowls · FDD (2025) PDF