FranchiseVerdict
Matari Coffee logo
FV-01584·CAUTIONExcellent81

Matari Coffee

Formerly known as HQ Matari

Food & Beverage - Coffee & TeaFranchising since 2024Website
Investment
$469K – $721K
74th pct Coffee & Tea
Avg revenue
$993K
30th pct Coffee & Tea
Royalty
5.0%
17th pct Coffee & Tea
Units
2
17th pct Coffee & Tea
SBA default

Bottom line

  • Total investment $469K – $721K including a $40K franchise fee, 5.0% ongoing royalty.
  • Average unit revenue of $993K/year.
  • Rated CAUTION with a risk score of 70/100.
  • Emerging franchise — only 2 years of franchising with 2 units. Early-stage systems carry higher risk but may offer better territory availability.

Item 1 · who you're contracting with

The Franchisor

Legal entity
HQ Matari, LLC
Incorporated in
Michigan
HQ
9316 Harrison Rd., Romulus, MI 48174

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 Matari Coffee unit return on the cash you put in?

Revenue · per unit, per year
$
FDD Item 19 reports $992,628
Franchisor take · royalty + ad fund
Royaltytyp 68%
%
Ad fundtyp 35%
%
Operating costs · category default: restaurant
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $469K–$721K
Working capital
$
FDD reports $20K–$40K

Unlevered ROIC · per unit

17%

Below typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$109K
EBITDA margin
11.0%
Total invested
$625K
Payback
69 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 Matari Coffee 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

$794K

on $4.0M purchase

Total debt

$3.2M

SBA $2.0M + senior + seller note

Overview

About

Matari Coffee franchisees operate specialty coffee retail locations, likely featuring espresso-based beverages, specialty drinks, and related food items. Day-to-day operations include customer service, barista work, inventory management, and local marketing to drive the reported $992K average revenue.

CEO
Sadeq Almatari
Founded
2024
FDD year
2025
States available
3

Item 7 · what it costs

The Vitals

Total investment
$469K – $721K
All-in to open one unit
Liquid capital
$20K – $40K
Cash you must have on hand
Franchise fee
$40K
Royalty
5.0%
Gross Sales · typical 6–8%
Ad fund
2.0%
typical 3–5%
Total fee load
7.0%
vs 9–13% typical

Item 19

Financial Performance

Avg gross sales
$993K
Per unit, per year
Median gross sales
Item 19 type
Affiliate outlets
Sample size
2 units
vs category median 13 · small
Range (low → high)
$645K$1.3M
Cohort dispersion
Transparency
6 / 5
vs category median 2 / 5 · above
Revenue rank30th
vs Food & Beverage - Coffee & Tea peers
Investment cost rank74th
Lower investment ranks lower (better)
Royalty rate rank17th
Lower royalty = lower percentile (better)
Unit count rank17th
vs Food & Beverage - Coffee & Tea peers
Risk score rank74th
Lower risk = lower percentile (better)

Item 20 · unit dynamics

The Growth Chart

Total units
2
Opened
1
Last reporting year
Closed
0
Turnover rate
0.0%
Company-owned
2
Corporate units in the system
% franchised
0%
vs corporate-owned
2023
0+1
Franchised units
2024
0
Franchised units
2025
0
Franchised units

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).

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 · 4 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

70
Risk · 0-100
CAUTION70 / 100

Critical early-stage franchise with undisclosed profitability, corporate going concern issues, and insufficient unit density to validate business model—extremely high failure risk.

Score breakdown · what drove the 70 / 100 rating

  1. 01MEDOnly 2 operating units indicates extremely limited system validation and viability
  2. 02HIGHGoing Concern = False suggests serious financial/operational distress at corporate level
  3. 03MEDNet Income not disclosed prevents ROI validation; cannot verify if $992,628 revenue translates to profit
  4. 04MINORHigh initial investment ($468.5K-$721K) with minimal proven unit economics creates asymmetric risk
  5. 05MINORUnclear unit growth trajectory with only 2 locations raises questions about franchisee demand and support capability

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
10 years
Online sales rights
Restricted
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
Jury trial waiver
Yes
Non-compete
2 yrs
Post-termination restriction
Owner-operator
Required
Governing law
Michigan

Item 11

Training & Operations

Classroom training
14 hrs
On-the-job training
36 hrs
POS system
Clover
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

4 numbers

Locked
(360) 902-••••
WA
(313) 455-••••
MI
(212) 416-••••
NY

One-time purchase · CSV download · Validation questions included

FDD download

Matari Coffee · FDD (2025) PDF

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