everbowl Franchise Cost, Revenue & Review 2026
- Investment
- $209K – $391K
- Disclosed sales
- $469K
- gross sales, not profit
- SBA charge-off
- 0.0%
- on 28 loans
Data from FDD filing + SBA 7(a) records
Analysis by FranchiseVerdict Research · Methodology
everbowl is a fast-casual franchise serving acai and superfood bowls, smoothies, and juices. Franchisees run compact shops managing fresh-ingredient prep, counter service, and staffing.
FranchiseVerdict summary · 2026
A everbowl franchise requires a total initial investment of $209K – $391K, including a $40K franchise fee and an ongoing 6.0% royalty[2]. Per the 2026 FDD, average unit revenue was $469K[2]. SBA 7(a) loans show a 0.0% charge-off rate across 28 loans[1]. FranchiseVerdict grade: A (Strongest tier), an editorial assessment, not investment advice. Run a live ROI scan →
Sources, dates and evidence
FDD issued: · Data extracted: · Last cited check: · Staleness risk: low - issued within the last 12 months
Evidence: strong✓ Investment (Item 7)✓ Item 19 status✓ Units and owners (Item 20)✓ SBA loan coverage✓ Litigation (Item 3)✓ Financial statements (Item 21)✓ Franchisor identityhow this is scored6 of 7 headline figures on this page cite a page of the filing; the rest are marked “Not cited” beside the figure.
Overview
- Investment
- $209K – $391K
- 26th pct Service Resta…
- Avg gross sales
- $469K
- 3rd pct Service Resta…
- Royalty
- 6.0%
- 48th pct Service Resta…
- Units
- 96
- 76th pct Service Resta…
- SBA charge-off
- 0.0%
- % of SBA 7(a) loans not repaid · median varies by category
Quick verdict · Quick-Service Restaurants · color = vs category peers
Green = favorable by >10% vs Quick-Service Restaurants median · No shading = within ±10% · Red = unfavorable by >10% · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
Bottom line
- COSTTotal investment $209K – $391K including a $40K franchise fee, 6.0% ongoing royalty.
- RETURNSAverage unit revenue of $469K/year.
- RISKVerdict A (Strongest tier), verdict score 88/100 (higher is better). SBA loan charge-off rate of 0.0% across 28 loans (well below the franchise average, based on all SBA 7(a) franchise lending, 2010–2025).
- GROWTHPositive: net +13 franchised outlets in the latest year (26 opened, 13 closed); 44 signed but not yet open (Item 20).
- GROWTHSystem growing at 31.9% CAGR over 3 years with 96 total units. Strong expansion trajectory.
Item 1 · who you're contracting with
The Franchisor
Corporate structure & franchisor financials
- Legal entity
- Everbowl Franchise, LLC
- Parent company
- Everbowl Holdings, LLC
- Predecessor
- Parents and Affiliates
- Prior franchisor entity
- CEO title
- Chief Executive Officer
- Jeff Fenster
- Incorporated in
- CA
- HQ
- 1300 Specialty Drive, #100, Vista, CA 92081
- Auditor
- Duffy Kruspodin, LLP
- Audited financials
- Franchisor revenue
- $4.3M
- vs $3.2M prior year
Affiliated brands
- Unevolve Products
- Everbowl IP
- WeBuild Stuff
- Everbowl GC
Other brands the franchisor or its parent operates (Item 1).
Overview
About
- CEO
- Jeff Fenster
- Headquarters
- CA
- Founded
- 2018
- FDD year
- 2026
- States available
- 26
Can you afford it, and what does the money buy?
Entry cost runs 38% below the typical quick-service restaurants franchise.
Source: FDD 2026 · Items 5–7
Full Item 7 breakdown21 line items
Initial investment breakdown
| Line item | Low | High | |
|---|---|---|---|
| Initial Franchise Fee | $40K | $40K | |
| Site Selection | $5K | $10K | |
| Architect and Engineer Fees and Related Permits | $3K | $8K | |
| Leasehold Improvements | $10K | $75K | |
| Store Build Kit and Installation Cost | $75K | $95K | |
| Furniture, Fixtures & Equipment | $10K | $45K | |
| Operation Kits | $5K | $7K | |
| Branded Merchandise and Employee Uniforms | $1K | $4K | |
| Computer System | $3K | $4K | |
| Technology Fee | $3K | $3K | |
| Exterior Signage | $2K | $10K | |
| Rent (3 Months) | $6K | $15K | |
| Travel & Living Expenses While Training | $4K | $6K | |
| Security Deposits | $2K | $5K | |
| Professional Fees | $1K | $5K | |
| Licenses and Permits | $1K | $5K | |
| Insurance | $1K | $2K | |
| Grand Opening Advertising | $13K | $15K | |
| Opening Inventory | $4K | $5K | |
| On-site Opening Assistance Fee | $15K | $18K | |
| Total initial investment | $209K | $391K |
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.
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $209K – $391K
- Top 40% of category vs category
- Liquid capital req'd
- $6K – $15K
- Top 40% of category vs category
- Franchise fee
- $40K – $40K
- Middle of category vs category
- Royalty
- 6.0%
- typical 6–8%
- Ad fund
- 2.0%
- typical 3–5%
- Total fee load
- 8.0%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 6.0% of gross sales |
| Marketing / ad fund | 2.0% of gross sales |
| Technology fee | $250 |
| Training fee | $2K |
| Transfer fee | $5K |
| Renewal fee | $0 |
| Inventory (initial) | $4K – $5K |
| Total fee load | 8.0% of rev |
What do units actually make?
Average unit sales run 52% below the quick-service restaurants norm.
Source: FDD 2026 · Item 19
Single-unit · not modelled
Returns at a glance
An FDD discloses gross sales, not profit, and the operating costs that turn one into the other are in no filing. We publish no modelled return for everbowl until someone supplies them — yours, in the models below.
—
Not modelled yet
An FDD discloses gross sales, not profit. We hold no sourced figure for COGS, labour, rent / occupancy and other operating costs, and will not substitute an assumed one. Enter your own and the model runs on your assumptions.
Total invested capital · disclosed
$310K
Item 7 initial investment plus working capital, as filed — the one figure here that needs no assumption.
ROI & LBO modelsSingle-unit · 25-unit portfolio · editable
What one unit earns on your invested capital
Model A · Single-Unit Return
Computes unlevered return on invested capital (ROIC) for a single franchise unit, read against the 30–60% reference band · Yale SOM, Post-MBA Path Exhibit 2 (2023). Below that band a passive index fund likely outperforms; above it the franchisor has pricing power you're subsidizing.
Note: Item 19 revenue is what the franchisor discloses, and it is the top line only — gross sales are not profit. No FDD discloses the operating costs that turn one into the other, so those fields start empty and nothing is modelled until you supply them from your own lease quote, labor market and build-out budget.
Returns model · single-unit ROIC
What would one everbowl unit return on the cash you put in?
Illustrative category typicals — not sourced to any filing, survey or sample. Replace them with figures from franchisee validation calls before you rely on the output.
Unlevered ROIC · per unit
Your modelled return on total invested capital, before any debt financing.
—
An FDD discloses gross sales, not profit. We hold no sourced figure for COGS, labour, rent / occupancy and other operating costs, and will not substitute an assumed one. Enter your own and the model runs on your assumptions.
What 25 units return when you use SBA financing
Model B · Return on Equity: Debt-Financed Acquisition
Models a 25-unit portfolio acquisition financed with an SBA 7(a) loan. Shows equity IRR (your return on cash invested), DSCR (how safely the cash flow covers debt service), and the capital stack (SBA + seller + equity breakdown).
This is the “search fund” or “entrepreneurship through acquisition” scenario: you buy an existing multi-unit operator, use leverage to amplify returns, and either operate or hire management. The 25-unit size is the typical minimum for an SBA-backed franchise portfolio acquisition to pencil as a full-time income.
What “return on equity” means here: if you put in $500K of your own cash and the business generates enough EBITDA to pay down debt and grow, your equity IRR is the annual return on that $500K, including the value created when you eventually sell. Target IRR for a search fund is typically 25–35%.
Not modelled yet
An FDD discloses gross sales, not profit. We hold no sourced figure for COGS, labour, rent / occupancy and other operating costs, and will not substitute an assumed one. Enter your own and the model runs on your assumptions.
A 25-unit return is built on a per-unit EBITDA. Fill in the operating costs in Model A above and this model runs on that figure, or take the whole scenario to the full ROI workbench, where the portfolio and LBO models accept your own per-unit economics directly.
These models are for research and scenario planning only. Not investment advice. Actual results depend on your specific location, management, and market conditions. Consult a franchise attorney and accountant before signing any franchise agreement.
Item 19 · Source: 2026 FDD
Financial Performance
- Avg gross sales
- $469K
- Per unit/yr · from the Item 19 franchised-cohort breakdown (no single system-wide average disclosed)
Gross sales are revenue before expenses — not profit. Actual owner earnings depend on rent, labor, royalties, marketing fees, and debt service.
- Item 19 type
- gross sales
- Sample size
- 58 outlets
- vs category median 19 · large
- Range (low → high)
- $335K→$1.2MCited, not corroborated — printed on page 49 of the 2026 FDD. Nothing else in our record independently restates or re-derives it.
- Cohort dispersion (min → max)
- Quartile band
- $351K→$683K
- Bottom 25% → top 25%
- Reporting year
- 2025
- Fiscal year the figures cover
- Source filing
- FDD 2026
- Disclosed in the 2026 filing, covering 2025
- Transparency
- 3 / 10
- vs category median 4 / 10 · below
Compared against 781 Quick-Service Restaurants brands
Operator outlook
What the numbers say
Data-driven interpretation of this brand's financial disclosures, fee structure, and system trajectory.
Unit economics
Average unit generates $469K/year in gross sales. Revenue-to-investment ratio: 1.6x.
Fee burden
Total ongoing fee load of 8.0% (near the Quick-Service Restaurants median).
Disclosure
Transparency score 3/10 — moderate disclosure depth. Average and range data are available but detailed cohort breakdowns may be limited.
Operator retention
System expanding at 31.9% CAGR over 3 years across 96 units — operators are staying and new ones are joining.
Source: FDD Item 19 financial performance representations and publicly filed FDD data. Past performance is not indicative of future results. Verify all figures with the franchisor and current franchisees before making any investment decision.
vs Quick-Service Restaurants medians
How everbowl Compares
Category median of published Quick-Service Restaurants brands that report the figure; the middle half spans the 25th to 75th percentile and n counts the brands behind it. Medians are used because a few very large systems pull an average far from the typical brand. Revenue is disclosed gross sales, not profit.
Is the system healthy?
Source: FDD 2026 · Item 20
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 96
- Opened
- 26
- Last reporting year
- Closed
- 13
- Terminated
- 4
- Franchisor ended the franchise (per Item 20)
- Turnover rate
- 13.5%
- Company-owned
- 1
- Corporate units in the system
- % franchised
- 99%
- vs corporate-owned
- Net growth (3-yr)
- +31.9%
- Net unit change over 3 years
- 3-yr CAGR
- +31.9%
- Compounded over last 3 years
Last fiscal year · Item 20 exits and transfers
- Terminated
- 4
- Signed, not yet open
- 44
- 0.46 per open outlet · Item 20 Table 5
- Projected new
- 21
- Franchisor's next-year forecast
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 29 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.
Available to sell in · Item 12
- Illinois
- Michigan
- South Dakota
- Wisconsin
States where the franchisor is registered to sell new franchises (FDD registration filings).
Where the owners are · Item 20 owner list
88 current owners across 28 states; 7 former (terminated, transferred or not renewed) listed separately.
- CA 10
- IN 7
- TX 7
- AZ 6
- NC 5
- TN 5
- FL 4
- GA 4
- MO 4
- VA 4
- CO 3
- IA 3
- +16 more states
Counts only, from the list the franchisor prints in Item 20. Names and phone numbers are for your own due diligence and are not shown here.
Fast growth in a small system. Newer franchisors expanding quickly may not yet have the support infrastructure of larger systems.
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA 7(a) and 504 loan disclosures, public data unique to FranchiseVerdict.
- Total loans
- 28
- Loan volume
- $5.2M
- Median loan
- $230K
- 50th percentile
- Charge-off rate
- 0.0%
- on 28 loans · rates vary by category · see methodology
Historical SBA 7(a) lending data, not predictive of future performance. How SBA charge-off rates are calculated
- Repayment rate (PIF)
- 100.0%
- 5-yr charge-off
- N/A
- Loans approved 2021+
- Active lenders
- 9
- Defaults
- 0
- Typical loan rate
- 10.0%
- avg rate to borrowers
- Franchised industry avg
- 10.8%
- brand beats franchise avg ↓
- Jobs supported
- 380
- 7.3 per loan
- Lender concentration
- 57%
- top lender's share
Borrower mix: 100% went to startups / new businesses, 0% to established operators
Franchise vs independent — in limited-service restaurants, franchised businesses charge off at 10.8% vs 10.0% for independents — franchising is associated with 8% higher SBA default risk in this category.
Top lenders financing everbowl franchisees
Showing 3 of 9 lenders. The full breakdown — every lender, state distribution, interest rates & risk ratings — is in the SBA Lending Report below.
Explore lender portfolios on Bank Reports or regional data on State Reports.
Lender network · 7(a) + 504
SBA Lending Report
Full lending analysis for everbowl from SBA 7(a) FOIA data.
- Principal loss rate
- 0.0%
- Avg SBA guarantee
- 67%
- Avg interest rate
- 10.01%
- Lender concentration
- 57.1%
- Job velocity
- 7.3 per $100K
- NAICS benchmark
- 8.7%
- NAICS 722513
- Jobs supported
- 380
Top SBA lendersTop lender holds 57% of loans
| # | Lender | Loans | Volume | Default % |
|---|---|---|---|---|
| 1 | The Huntington National Bank | 16 | $2.5M | N/A |
| 2 | Five Star Bank | 4 | $1.1M | N/A |
| 3 | Northwest Bank | 2 | $325K | N/A |
| 4 | Manufacturers and Traders Trust Company | 1 | $200K | N/A |
| 5 | b1BANK | 1 | $153K | N/A |
| 6 | First Internet Bank of Indiana | 1 | $327K | N/A |
| 7 | The Bank of Commerce | 1 | $227K | N/A |
| 8 | Cadence Bank | 1 | $280K | N/A |
| 9 | McCoy FCU | 1 | $150K | 0.0% |
Geographic failure vector
| State | Loans | Defaults | Rate |
|---|---|---|---|
| GAGeorgia | 6 | 0 | -- |
| INIndiana | 5 | 0 | -- |
| AZArizona | 3 | 0 | -- |
| NCNorth Carolina | 3 | 0 | -- |
| COColorado | 2 | 0 | -- |
| NVNevada | 2 | 0 | -- |
| OHOhio | 2 | 0 | -- |
| FLFlorida | 1 | 0 | 0.0% |
| LALouisiana | 1 | 0 | -- |
| NJNew Jersey | 1 | 0 | -- |
SBA 7(a) lending trend
Borrower profile
Source: SBA 7(a) + 504 FOIA loan-level data, matched by FranchiseVerdict
With a 0.0% charge-off rate across 28 loans, banks have historically viewed this brand favorably for lending.
What could kill this investment?
SBA loans charge off at 0.0% — 100% below the 16.0% national norm, i.e. lower lender-observed risk.
Source: SBA 7(a) FOIA · FDD Items 3, 21
Risk analysis
FranchiseVerdict rating + FDD Items 3, 4, 8, 16, 21
Risk & Legal
Everbowl presents moderate-to-elevated risk due to active litigation, undisclosed profitability metrics, unprotected territories, and questions about franchisee financial viability in a modestly growing system.
Why this reads harsher than the A grade: the grade weighs financial health, unit economics, unit growth, scale, legal, and transparency across the whole filing, while this summary lists individual flags without that weighting. The flags are worth checking with current owners; neither is investment advice.
Litigation (Item 3)
Subject: the franchisor is a named party (defendant).
Everbowl Franchise filed arbitration demands against former franchisees (Oct 2025) for breach of franchise agreements; former franchisees filed a lawsuit alleging California Franchise Relations Act violations and related claims. Counterclaims pending in arbitration as of Jan 2026.
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · Duffy Kruspodin, LLP
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
FY2025 net revenues: franchise fees and royalties $3,011,830; brand development fees $729,386; other revenue $587,965; total net revenues $4,329,181. FY2023 audited by another auditor (unmodified opinion June 11, 2024).
Supplier relationship · Items 8 & 16
- Franchisor sells you products: Yes
- Kickbacks from required suppliers: Yes
- Must buy proprietary products: Yes
- Restricted to system-approved products: Yes
Score breakdown · what drove the 88 / 100 verdict
- 01HIGHActive litigation between franchisor and former franchisees involving breach of contract, unauthorized operations, and alleged franchise law violations creates legal and reputational risk
- 02MINORUnprotected territory allows franchisor to open competing units nearby, directly cannibalizing franchisee revenue and limiting growth potential
- 03MINOR15.9% YoY unit growth is modest for a developing chain; suggests market saturation concerns or franchisee dissatisfaction in mature regions
- 04MINOR6% royalty on gross (not net) sales creates cash flow pressure, especially if net margins are thin—franchisees pay fees before profitability is achieved
Severity inferred from the FDD text · not a regulatory classification
What are you signing up for?
Ongoing fees run about 8.0% of sales (royalty + ad fund), before rent and labor.
Source: FDD 2026 · Items 11, 12, 17
FDD Items 12, 15, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 10 years |
|---|---|
| Renewal term | 5 years |
| Allowed renewalsℹ | 2 |
| Territory type | No territory protection |
| Protected territory | No |
| Exclusive territoryℹ | No |
| Online sales rightsℹ | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Optional |
| Non-compete (years)ℹ | 2 years |
| Non-compete (miles)ℹ | 25 mi |
| Right of first refusalℹ | Yes |
| Termination notice | 30 days |
| Termination groundsℹ | 2 |
| Curable defaultsℹ | 8 |
| Mandatory arbitration | Yes |
| Arbitration location | San Diego, California (or Vista, CA at franchisor's option) |
| Jury trial waiver | No |
| Governing law | CA |
| Litigation count | 2 |
View Item 3 litigation summary
Everbowl Franchise filed arbitration demands against former franchisees (Oct 2025) for breach of franchise agreements; former franchisees filed a lawsuit alleging California Franchise Relations Act violations and related claims. Counterclaims pending in arbitration as of Jan 2026.
Items 10, 11
Training & Operations
- Classroom training
- 30 hrs
- On-the-job training
- 50 hrs
- Training location
- Vista, CA headquarters; operating everbowl Store in San Diego, CA; or area representative training center
- Ongoing training
- Required
- Time to open
- 9 mo
- From signing to launch
- Site selection
- franchisee subject to franchisor approval
- Franchisor financing
- Not offered
- Item 10
- POS system
- Crisp
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: Crisp
Item 20 · call current owners
Franchisee Contacts
95 owners to call
Name · phone · city · state. Extracted from FDD Item 20
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a everbowl franchise?
The total investment to open a everbowl franchise ranges from $209K – $391K, 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 everbowl franchise owners earn?
According to Item 19 of the everbowl FDD, the average gross sales per unit is $469K. Note: this is gross revenue, not profit. Actual owner earnings vary based on location, operating costs, and management.
Who owns everbowl?
everbowl is franchised by Everbowl Franchise, LLC. Its parent company is Everbowl Holdings, LLC. Source: FDD Item 1, 2026 filing.
What is Item 19 in the everbowl FDD?
The FDD section where a franchisor may disclose financial performance of its outlets. Disclosure is optional and formats vary; figures are typically gross sales, which is revenue before expenses, not profit. FranchiseVerdict extracts these figures directly from the everbowl FDD and qualifies whose outlets they describe.
What is everbowl's franchise failure rate?
Based on SBA 7(a) loan data, everbowl has a charge-off rate of 0.0% across 28 loans, meaning 0.0% of franchise loans were charged off. Charge-off rates are one proxy for franchise risk, though they do not capture all closures. This data comes from FOIA-sourced SBA lending records.
How many everbowl franchise locations are there?
As of their most recent FDD filing, everbowl has 96 total units in the United States, including 95 franchised units and 1 company-owned units. 26 new units were opened in the latest reporting year.
Is everbowl a good franchise to buy?
FranchiseVerdict rates everbowl as a A-grade franchise with a verdict score of 88 out of 100 (higher is better). The grade is a deterministic score built from six weighted dimensions — financial health, unit economics, unit growth, scale, legal, and transparency — then calibrated against SBA loan charge-off rates and FDD age. Transparency is one of the six, so a filing that discloses less scores lower on that dimension than one that discloses more. 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.
For franchisors
Are you the franchisor?
If you represent everbowl, you can request corrections or provide updated information.
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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.