FranchiseVerdict
Fresca Palapa logo
FV-00998·MODERATEExcellent91

Fresca Palapa

Food & Beverage - Quick ServiceFranchising since 2022Website
Investment
$153K – $304K
24th pct Quick Service
Avg revenue
$1.2M
30th pct Quick Service
Royalty
6.0%
46th pct Quick Service
Units
14
37th pct Quick Service
SBA default

Bottom line

  • Total investment $153K – $304K including a $35K franchise fee, 6.0% ongoing royalty.
  • Average unit revenue of $1.2M/year. Estimated payback in 1.0 years.
  • Rated MODERATE with a risk score of 59/100.

Item 1 · who you're contracting with

The Franchisor

Legal entity
Fresca Palapa Franchising, LLC
Incorporated in
Texas
HQ
1812 Corinth Street, Ste 110, Dallas, TX 75215
Auditor
A. Andrew Gianiodis
Audited financials
Franchisor revenue
$68K
vs $177K prior year

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 Fresca Palapa unit return on the cash you put in?

Revenue · per unit, per year
$
FDD Item 19 reports $1,211,523
Franchisor take · royalty + ad fund
Royaltytyp 68%
%
Ad fundtyp 35%
%
Operating costs · category default: qsr
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $153K–$304K
Working capital
$
FDD reports $30K–$50K

Unlevered ROIC · per unit

68%

Above typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$182K
EBITDA margin
15.0%
Total invested
$269K
Payback
18 mo
Unit-level only. A multi-unit portfolio gives up roughly 5–15% of this to shared services (corporate G&A) before reaching the ~10-unit break-even Yale describes.

Levered LBO scenario · Yale Crease Capital framing

What would 25 Fresca Palapa units return on equity?

Edit assumptions

Equity IRR · 5-yr

49.9%

7.57× MOIC

Year-1 DSCR

1.88×

EBITDA ÷ debt service

Equity required

$1.9M

on $9.7M purchase

Total debt

$7.8M

SBA $4.8M + senior + seller note

Overview

About

Fresca Palapa franchisees operate casual dining establishments or quick-service restaurants featuring fresh, likely Latin/Caribbean-inspired cuisine (palapa theme suggests beachside/tropical positioning). Day-to-day operations include food preparation, inventory management, point-of-sale operations, staffing, and customer service in a fast-casual or counter-service environment.

CEO
Maximo Cruz
Founded
2022
FDD year
2025
States available
1

Item 7 · what it costs

The Vitals

Total investment
$153K – $304K
All-in to open one unit
Liquid capital
$30K – $50K
Cash you must have on hand
Franchise fee
$35K
Royalty
6.0%
Gross Sales · typical 6–8%
Ad fund
1.0%
typical 3–5%
Total fee load
7.0%
vs 9–13% typical
Payback period
1.0 yrs
From v3 / Item 19

Item 19

Financial Performance

Avg gross sales
$1.2M
Per unit, per year
Median gross sales
Item 19 type
Kiosk
Sample size
1 units
vs category median 37 · small
Transparency
8 / 5
vs category median 4 / 5 · above
Revenue rank30th
vs Food & Beverage - Quick Service peers
Investment cost rank24th
Lower investment ranks lower (better)
Royalty rate rank46th
Lower royalty = lower percentile (better)
Unit count rank37th
vs Food & Beverage - Quick Service peers
Risk score rank40th
Lower risk = lower percentile (better)

Item 20 · unit dynamics

The Growth Chart

Total units
14
Opened
1
Last reporting year
Closed
0
Turnover rate
0.0%
Company-owned
11
Corporate units in the system
% franchised
21%
vs corporate-owned
Net growth (yr3)
+50.0%
Net unit change last year
2023
3+1
Franchised units
2024
2
Franchised units
2025
0
Franchised units

Year-over-year franchised unit counts and net change. Source: FDD Item 20.

Item 20 · 16 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).

AK
ME
VT
NH
MA
RI
CT
NY
NJ
PA
DE
MD
DC
WA
OR
CA
NV
ID
MT
WY
UT
CO
AZ
NM
ND
SD
NE
KS
OK
TX
MN
IA
MO
AR
LA
WI
IL
MS
TN
MI
IN
KY
AL
OH
WV
GA
VA
NC
SC
FL
HI
Registered · 16 states
Not registered

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

59
Risk · 0-100
MODERATE59 / 100

Fresca Palapa presents a cautionary profile with concerning franchisor financial health, rapid unproven growth trajectory, and lack of transparent financial validation—requiring extensive franchisee reference calls before commitment.

Score breakdown · what drove the 59 / 100 rating

  1. 01HIGHGoing Concern status is False — franchisor may face financial viability issues despite healthy unit economics
  2. 02MINORExplosive 50% YoY unit growth may indicate unsustainable expansion or inflated recruitment claims rather than organic demand
  3. 03MEDNo Item 19 financial performance representations disclosed — franchisees cannot independently verify the $238,739 average net income claim
  4. 04MINORWide investment range ($153,200-$303,900) suggests inconsistent build-out costs or undefined territory sizes, creating unpredictable capital requirements
  5. 05MINOROnly 14 units system-wide limits franchisee support infrastructure and brand recognition leverage

Severity inferred from the FDD text · not a regulatory classification

FDD Items 5, 6, 12, 17 · continued from Risk & Legal

Contract & Territory Detail

Territory
Radius
Protected territory
Yes
Initial term
10 years
Renewal term
5 years
Online sales rights
Granted
Franchisor can compete
Yes
Hire a manager?
Allowed
Litigation count
0
Right of first refusal
Yes
Franchisor can buy back on resale
Mandatory arbitration
Yes
Non-compete
2 yrs
Post-termination restriction
Owner-operator
Optional
Governing law
Texas

Item 11

Training & Operations

Classroom training
57 hrs
On-the-job training
34 hrs
POS system
Clover POS
Operating tech stack

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

18 numbers

Locked
(832) 513-••••
TX
(401) 462-••••
RI
(213) 576-••••
CA

One-time purchase · CSV download · Validation questions included

FDD download

Fresca Palapa · FDD (2025) PDF

Single-page checkout · instant download · CSV export of contacts available separately above