Nana’s Green Tea
Formerly known as No Grease
Bottom line
- Total investment $627K – $1.5M including a $50K franchise fee, 5.0% ongoing royalty.
- No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
- Rated MODERATE with a risk score of 65/100. SBA loan default rate of 0.0% across 2 loans (below the industry average).
- Auditor disclosed a going-concern note — flagged doubt about the franchisor's ability to continue operations. Verify against the latest FDD.
Item 1 · who you're contracting with
The Franchisor
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 Nana’s Green Tea unit return on the cash you put in?
Unlevered ROIC · per unit
7%
Below typical band (30–60%)
Overview
About
Franchisees operate a health-focused beverage and snack retail concept, likely serving freshly made teas, smoothies, and light food items in a café setting. Day-to-day operations typically include inventory management, staff scheduling, customer service, food preparation, and point-of-sale management in a small-to-medium footprint location.
Item 7 · what it costs
The Vitals
Item 19
Financial Performance
This franchisor did not disclose financial performance representations in Item 19, or our extractor could not parse them.
Item 20 · unit dynamics
The Growth Chart
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 13 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 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.
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Nana's Green Tea presents material uncertainty due to undisclosed unit count, absent financial performance data, and opaque cost drivers, making ROI validation impossible before investment.
Score breakdown · what drove the 65 / 100 rating
- 01MINORNo current franchised units reported (0 units) — unable to validate system viability or franchisee performance
- 02MEDFinancial performance metrics completely withheld (Item 19 missing) — no disclosure of average unit volumes, net income, or ROI benchmarks
- 03MINORExtremely wide investment range ($627K–$1.5M spread of 140%) suggests unclear cost structure or high variability in buildout
- 04MEDNo disclosed growth trajectory — cannot assess system momentum, market traction, or franchisee retention rates
- 05MINOR5-year term is shorter than industry standard (7–10 years) — limits franchisee payback window and ROI timeline
Severity inferred from the FDD text · not a regulatory classification
FDD Items 5, 6, 12, 17 · continued from Risk & Legal
Contract & Territory Detail
Item 11
Training & Operations
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
13 numbers
One-time purchase · CSV download · Validation questions included
FDD download
Nana’s Green Tea · FDD (2025) PDF