FiiZ Drinks Franchise Cost, Revenue & Review 2026
Data from FDD filing + SBA 7(a) records
Analysis by FranchiseVerdict Research · Methodology
FiiZ Drinks is a drive-thru franchise serving customized dirty sodas, specialty drinks, and treats from a modern soda-fountain concept. Franchisees run drive-thru shops managing drink assembly, service, and staffing.
FranchiseVerdict summary · 2026
A FiiZ Drinks franchise requires a total initial investment of $250K – $775K, including a $40K franchise fee. The 2025 FDD does not disclose unit-level revenue (no Item 19). SBA 7(a) loans show a 0.0% charge-off rate across 29 loans[1]. FranchiseVerdict grade: A (Strongest tier), an editorial assessment, not investment advice. Run a live ROI scan →
Data last verified · figures per the 2025 FDD issuance
Overview
- Investment
- $250K – $775K
- 29th pct Retail
- Avg gross sales
- N/A
- Royalty
- N/A
- Units
- 72
- 25th pct Retail
- SBA charge-off
- 0.0%
- % of SBA 7(a) loans not repaid · median varies by category
Quick verdict · Retail · color = vs category peers
Green = favorable by >10% vs Retail avg · 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 $250K – $775K including a $40K franchise fee.
- RETURNSAudited financial statements (FY2023/2022) for FiiZ Drinks Franchise, LLC are presented as image-based tables in Exhibit C; balance sheet and statement of operations totals are not machine-readable. Notes disclose royalty income of $1,373,814 (2023) and $1,308,719 (2022), plus brand development fee income of $270,805 (2023). Revenue derives substantially from franchise royalties and franchise fees.
- RISKVerdict A (Strongest tier), verdict score 65/100 (higher is better). SBA loan charge-off rate of 0.0% across 29 loans (well below the franchise average, based on all SBA 7(a) franchise lending, 2010–2025).
- GROWTHSystem growing at 35.4% CAGR over 3 years with 72 total units. Strong expansion trajectory.
Item 1 · who you're contracting with
The Franchisor
Corporate structure & franchisor financials
- Legal entity
- FiiZ Drinks Franchise, LLC
- Parent company
- FiiZ Drinks, Inc.
- Ultimate parent
- Stena Group
- Predecessor
- SiiP Drinks, LLC
- Prior franchisor entity
- CEO title
- President & Chief Operating Officer
- Scott Ball
- CEO experience
- 24 yrs
- Years in role or industry
- Incorporated in
- UT
- HQ
- 155 North 400 West, Suite 500, Salt Lake City, UT 84103
- Auditor
- Anderson Bradshaw PLLC
- Audited financials
- Franchisor revenue
- $2.3M
- vs $2.4M prior year
- Management churn noted
- Frequent turnover
- Item 2 disclosed frequent executive changes
Overview
About
- CEO
- Scott Ball
- Headquarters
- UT
- Founded
- 2017
- FDD year
- 2025
- States available
- 10
Can you afford it, and what does the money buy?
Entry cost runs 24% above the typical retail franchise.
Source: FDD 2025 · Items 5–7
FDD Item 7 · 2025 filing
Initial investment breakdown
| Cost component | Low | High |
|---|---|---|
| Initial franchise fee | $40K | $40K |
| Working capital (3–6 mo) | $20K | $50K |
| Equipment, build-out, other | $190K | $685K |
| Total initial investment | $250K | $775K |
Source: FiiZ Drinks 2025 FDD, Items 5 and 7[2]. “Equipment, build-out, other” is computed as total minus disclosed line items above.
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $250K – $775K
- Top 40% of category vs category
- Liquid capital req'd
- $20K – $50K
- Top 40% of category vs category
- Franchise fee
- $40K – $40K
- Top 40% of category vs category
- Royalty
- Greater of 8% of Net Sales or $2,500/month minimum royalt…
- Ad fund
- 1.0%
- typical 3–5%
- Total fee load
- 9.0%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty (flat) | $2,500/month minimum royalty beginning in the 7th month after opening |
| Marketing / ad fund | 1.0% of gross sales |
| Technology fee | $10K |
| Transfer fee | $10K |
| Renewal fee | $10K |
| Inventory (initial) | $9K – $18K |
| Total fee load | 9.0% of rev |
What do units actually make?
Source: FDD 2025 · Item 19
ROI & LBO modelsSingle-unit · 25-unit portfolio · editable
FiiZ Drinks did not disclose financial performance in FDD Item 19. The ROIC and return models require Item 19 revenue. Without it all inputs are estimates. You can still run the calculator with your own assumptions by entering an expected revenue figure.
Returns model · single-unit ROIC
What would one FiiZ Drinks unit return on the cash you put in?
Unlevered ROIC · per unit
Estimated return on your total franchise investment, before any debt financing.
11%
Below the 30–60% attractive-franchise band
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: 2025 FDD
Financial Performance
Audited financial statements (FY2023/2022) for FiiZ Drinks Franchise, LLC are presented as image-based tables in Exhibit C; balance sheet and statement of operations totals are not machine-readable. Notes disclose royalty income of $1,373,814 (2023) and $1,308,719 (2022), plus brand development fee income of $270,805 (2023). Revenue derives substantially from franchise royalties and franchise fees.
- Item 19 type
- quartile net sales
- Sample size
- 49
- vs category median 47
- Range (low → high)
- $169K→$1.4M
- Cohort dispersion (min → max)
- Quartile band
- $316K→$965K
- Bottom 25% → top 25%
- Reporting year
- 2024
- Fiscal year the figures cover
- Source filing
- FDD 2025
- Disclosed in the 2025 filing, covering 2024
- Transparency
- 4 / 10
- vs category median 3 / 10 · above
Compared against 278 Retail brands
Operator outlook
What the numbers say
Data-driven interpretation of this brand's financial disclosures, fee structure, and system trajectory.
Fee burden
Total ongoing fee load of 9.0% (near the Retail average).
Disclosure
Item 19 reports quartile net sales rather than annual gross sales, so unit revenue is not directly comparable.
Operator retention
System expanding at 35.4% CAGR over 3 years across 72 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 Retail averages
How FiiZ Drinks Compares
Is the system healthy?
Source: FDD 2025 · Item 20
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 72
- Opened
- 9
- Last reporting year
- Closed
- 5
- Terminated
- 3
- Franchisor ended the franchise (per Item 20)
- Non-renewed
- 0
- Term expired, not renewed (per Item 20)
- Turnover rate
- 7.7%
- Company-owned
- 7
- Corporate units in the system
- % franchised
- 90%
- vs corporate-owned
- Net growth (3-yr)
- +35.4%
- Net unit change over 3 years
- 3-yr CAGR
- +35.4%
- Compounded over last 3 years
3-year detail · Item 20
- Opened (3yr)
- 9
- Closed (3yr)
- 2
- Terminated (3yr)
- 3
- Non-renewed (3yr)
- 0
- Transfers (3yr)
- 4
- Reacquired (3yr)
- 4
- Franchisor bought back
- Projected new
- 11
- Franchisor's next-year forecast
- Transfer rate
- 5.6%
- Owners selling to other franchisees
- Termination rate
- 4.2%
- Franchisor-initiated terminations
- Ceased ops
- 2.8%
- Units that stopped operating
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 12 · 10 states 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.
10
states with franchisees (per FDD Item 12)
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
- 29
- Loan volume
- $8.1M
- Median loan
- $232K
- 50th percentile
- Charge-off rate
- 0.0%
- 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
- 0.0%
- Loans approved 2021+
- Active lenders
- 15
- Defaults
- 0
- Typical loan rate
- 7.8%
- avg rate to borrowers
- Franchised industry avg
- 10.6%
- brand beats franchise avg ↓
- Jobs supported
- 419
- 7.4 per loan
- Lender concentration
- 25%
- top lender's share
Borrower mix: 74% went to startups / new businesses, 26% to established operators
Franchise vs independent — in snack and nonalcoholic beverage bars, franchised businesses charge off at 10.6% vs 8.9% for independents — franchising is associated with 19% higher SBA default risk in this category.
Top lenders financing FiiZ Drinks franchisees
Showing 3 of 15 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.
Premium insight
SBA Lending Report
Deep-dive into FiiZ Drinks's SBA lending history: lender network, geographic footprint, interest rates, and more.
SBA Lending Report
- Principal loss rate and NAICS industry benchmark
- 10 lenders with concentration factor
- Per-state charge-off rates across 5 states
- Startup risk premium and job creation velocity
- 9-year lending trend
- SBA 504 real estate/equipment data
Instant access. No subscription.
With a 0.0% charge-off rate across 29 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
Modest growth and non-disclosure of unit-level profitability metrics create significant risk for a capital-intensive beverage franchise with high royalty floors.
Litigation (Item 3)
No litigation required to be disclosed
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · Anderson Bradshaw PLLC
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
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
- Can negotiate own supplier terms: No
Score breakdown · what drove the 65 / 100 verdict
- 01MEDNet Income not disclosed in FDD Item 19 — impossible to validate profitability claims against $249.5K-$774.5K investment range
- 02MINORMinimal unit growth of 3.2% YoY suggests market saturation or franchisee dissatisfaction in beverage category with intense QSR competition
- 03MINORRoyalty floor of $2,500/month ($30,000 annually) represents 4.9% of average revenue even before percentage royalties kick in — high fixed cost burden on marginal locations
- 04MEDHigh investment range ($249.5K-$774.5K) with no disclosed net income creates inability to calculate payback period or ROI
- 05MINORBeverage-only concept typically operates on thin margins (25-35% COGS) — vulnerable to commodity price swings and traffic dependency
Severity inferred from the FDD text · not a regulatory classification
What are you signing up for?
Ongoing fees run about 9.0% of sales (royalty + ad fund), before rent and labor.
Source: FDD 2025 · 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 | protected |
| Protected territory | Yes |
| Exclusive territoryℹ | No |
| Territory radius | 1 mi |
| 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 | 10 mi |
| Right of first refusalℹ | Yes |
| RoFR response window | 30 days |
| Transfer requires consent | Yes |
| Termination notice | 30 days |
| Mandatory arbitration | No |
| Arbitration location | Salt Lake City, Utah |
| Jury trial waiver | Yes |
| Governing law | UT |
| Litigation count | 0 |
View Item 3 litigation summary
No litigation required to be disclosed
Items 10, 11
Training & Operations
- Classroom training
- 15 hrs
- On-the-job training
- 56 hrs
- Training location
- Corporate training location in Utah (and on-site at franchisee's location)
- Ongoing training
- Required
- Field support
- 32 hrs/yr
- On-site visits per year
- Time to open
- 9 mo
- From signing to launch
- Site selection
- Franchisee with franchisor approval
- Franchisor financing
- Not offered
- Item 10
- POS system
- Franchisor-designated POS system (not named)
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: Franchisor-designated POS system (not named)
Item 20 · call current owners
Franchisee Contacts
64 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
FiiZ Drinks · FDD (2025) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a FiiZ Drinks franchise?
The total investment to open a FiiZ Drinks franchise ranges from $250K – $775K, 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 FiiZ Drinks franchise owners earn?
FiiZ Drinks does not disclose average franchise owner earnings in their FDD Item 19. Not all franchisors are required to make financial performance representations. We recommend asking existing franchisees directly about their financial experience.
What is Item 19 in the FiiZ Drinks 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 FiiZ Drinks FDD and qualifies whose outlets they describe.
What is FiiZ Drinks's franchise failure rate?
Based on SBA 7(a) loan data, FiiZ Drinks has a charge-off rate of 0.0% across 29 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 FiiZ Drinks franchise locations are there?
As of their most recent FDD filing, FiiZ Drinks has 72 total units in the United States, including 65 franchised units and 7 company-owned units. 9 new units were opened in the latest reporting year.
Is FiiZ Drinks a good franchise to buy?
FranchiseVerdict rates FiiZ Drinks as a A-grade franchise with a verdict score of 65 out of 100 (higher is better), based on our analysis of investment costs, revenue data, SBA loan performance, and growth trends. 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?
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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.