Fish With YouFranchise Cost, Revenue & Review 2026
Data from FDD filing
FranchiseVerdict summary · 2026
A FISH WITH YOU franchise requires a total initial investment of $232K – $700K, including a $14K franchise fee and an ongoing 3.0% royalty[2]. The 2025 FDD does not disclose unit-level revenue (no Item 19). Verdict grade: A. Run a live ROI scan →
Data last verified June 18, 2026 · figures per the 2025 FDD issuance
Overview
- Investment
- $232K – $700K
- 12th pct Service Resta…
- Avg gross sales
- N/A
- 28th pct Service Resta…
- Royalty
- 3.0%
- 1st pct Service Resta…
- Units
- 0
- 0th pct Service Resta…
- SBA default
- N/A
Quick verdict · Full-Service Restaurants · color = vs category peers
Green = >15% above Full-Service Restaurants avg · No shading = within ±15% · Red = >15% below avg · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
Started franchising in 2025. Newer systems carry more uncertainty but may offer better territories.
Bottom line
- Total investment $232K – $700K including a $14K franchise fee, 3.0% ongoing royalty.
- No Item 19 financial performance data disclosed. The franchisor chose not to publish revenue figures.
- Verdict A (Top Quintile) with a risk score of 30/100.
- 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
- Legal entity
- Fish With You (US) Brand Management INC.
- Parent company
- Fish With You Group Limited
- Incorporated in
- DE
- HQ
- 8 The Green Ste A., Dover City, Delaware 19901
- Auditor
- Thong, Yu, Wong & Lee, LLP
- Audited financials
- Franchisor revenue
- $0
- Most recent fiscal year
Overview
About
Fish with You franchisees operate aquaculture or aquarium-based businesses serving retail or aquaculture customers. Day-to-day responsibilities likely include fish breeding/raising, water system maintenance, inventory management, customer service, and compliance with environmental regulations, though the exact business model is unclear given the lack of operational units.
- CEO
- Shanshan Wang
- Headquarters
- DE
- Founded
- 2025
- FDD year
- 2025
- States available
- 0
FDD Item 7 · 2025 filing
Initial investment breakdown
| Cost component | Low | High |
|---|---|---|
| Initial franchise fee | $14K | $14K |
| Working capital (3–6 mo) | $18K | $30K |
| Equipment, build-out, other | $200K | $656K |
| Total initial investment | $232K | $700K |
Source: FISH WITH YOU 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
- $232K – $700K
- Better than avg vs category
- Liquid capital req'd
- $18K – $30K
- Better than avg vs category
- Franchise fee
- $14K – $14K
- Better than avg vs category
- Royalty
- 3.0%
- flat_fee · typical 6–8%
- Ad fund
- -n/d
- Total fee load
- 3.0%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 3.0% of gross sales |
| Total fee load | 3.0% of rev |
Financial Performance
This franchisor did not disclose financial performance representations in Item 19, or our extractor could not parse them.
vs Full-Service Restaurants averages
How Fish With You Compares
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 0
- Opened
- 0
- Last reporting year
- Closed
- 0
- Company-owned
- 0
- Corporate units in the system
3-year detail · Item 20
- Transfers (3yr)
- 0
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA 7(a) and 504 loan disclosures, public data unique to FranchiseVerdict.
No SBA loan data available for this brand.
Risk analysis
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Fish with You is a pre-launch or severely underdeveloped franchise system with zero operating units, undisclosed financial performance, questionable franchisor stability, and no way to validate franchisee ROI before investing $231K-$700K.
Audited financials (Item 21)
Yes · Thong, Yu, Wong & Lee, LLP
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Score breakdown · what drove the 30 / 100 rating
- 01MINORZero existing franchise units with unknown growth trajectory indicates brand has no proven system or track record
- 02HIGHGoing concern status is FALSE, suggesting franchisor financial instability or operational challenges
- 03MINORNo Item 19 disclosure of average revenue/net income makes ROI analysis impossible and hides performance data
- 04MINORWide investment range ($231.6K-$700.2K) with no franchisee success metrics creates uncertainty around actual costs
- 05MINORPre-revenue or pre-operational franchise system with no units to validate business model viability
Severity inferred from the FDD text · not a regulatory classification
FDD Items 5, 6, 12, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 5 years |
|---|---|
| Renewal term | 5 years |
| Territory type | Independent Business Zone |
| Protected territory | Yes |
| Online sales rights | Granted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Required |
| Non-compete (years)ℹ | 2 years |
| Right of first refusalℹ | No |
| Termination notice | 3 days |
| Mandatory arbitration | Yes |
| Governing law | China |
| Litigation count | 0 |
Items 10, 11
Training & Operations
- Classroom training
- 8 hrs
- On-the-job training
- 29 hrs
- POS system
- Menusifu
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: Menusifu
Item 20 · call current owners
Franchisee Contacts
25 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
FISH WITH YOU · FDD (2025) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a FISH WITH YOU franchise?
The total investment to open a FISH WITH YOU franchise ranges from $232K – $700K, with an initial franchise fee of $14K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do FISH WITH YOU franchise owners earn?
FISH WITH YOU 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 FISH WITH YOU's franchise failure rate?
SBA 7(a) loan charge-off data is not available for FISH WITH YOU (fewer than 10 loans on file). Charge-off rates are one way to gauge franchise risk, but not all franchise loans go through the SBA program. We recommend reviewing turnover and closure data in the FDD and speaking with current franchisees.
Is FISH WITH YOU a good franchise to buy?
FranchiseVerdict rates FISH WITH YOU as a A-grade franchise with a risk score of 30 out of 100, 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?
If you represent FISH WITH YOU, you can request corrections or provide updated information.
Claim this brandOther Full-Service Restaurants franchises
Compare similar franchise opportunities in the Full-Service Restaurants category
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.