Paris Banh Mi
Bottom line
- Total investment $478K – $828K including a $60K franchise fee, 4.0% ongoing royalty.
- No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
- Rated MODERATE with a risk score of 64/100. SBA loan default rate of 0.0% across 16 loans (below the industry average).
- 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
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 Paris Banh Mi unit return on the cash you put in?
Unlevered ROIC · per unit
19%
Below typical band (30–60%)
Overview
About
Franchisees operate fast-casual Vietnamese banh mi sandwich shops, managing food preparation, customer service, inventory, and day-to-day restaurant operations under the Paris Banh Mi brand. Daily operations include food sourcing, staff management, point-of-sale systems, and maintaining brand standards across a protected territory.
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 · 14 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
Paris Banh Mi presents extreme risk due to failed going concern status, active litigation, regulatory investigation, and complete absence of financial performance disclosure, making franchise viability and franchisee profitability impossible to validate.
Score breakdown · what drove the 64 / 100 rating
- 01HIGHGoing Concern status is FALSE — franchisor may lack financial viability to support franchisees
- 02HIGHActive litigation including trademark infringement, breach of contract, and deceptive practice claims from licensees suggests operational and legal instability
- 03MINORWashington State Department of Financial Institutions investigation indicates potential regulatory violations or financial misconduct
- 04MEDNo disclosed average revenue or net income data prevents ROI validation and suggests either poor performance or deliberate opacity
- 05MINORExtreme unit growth (1400% YoY) with only 16 units indicates unreliable metrics and possible inflated expansion claims
- 06MINORHigh initial investment ($478k-$828k) combined with no financial performance disclosure creates high-risk capital exposure
- 07MED4% royalty on undisclosed sales revenue means franchisees cannot project actual profit margins
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
18 numbers
One-time purchase · CSV download · Validation questions included
FDD download
Paris Banh Mi · FDD (2025) PDF