FranchiseVerdict
Pekoe Tea Bar logo
FV-01913·CAUTIONStandard76

Pekoe Tea Bar

Food & Beverage - Coffee & TeaFranchising since 2025Website
Investment
$496K – $855K
77th pct Coffee & Tea
Avg revenue
49th pct Coffee & Tea
Royalty
6.0%
50th pct Coffee & Tea
Units
5
35th pct Coffee & Tea
SBA default

Bottom line

  • Total investment $496K – $855K including a $40K franchise fee, 6.0% ongoing royalty.
  • No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
  • Rated CAUTION with a risk score of 70/100.
  • 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
Pekoe Franchise, Inc.
Incorporated in
Florida
HQ
3276 South White Road, San Jose, CA 95148
Auditor
Smith, Buzzi & Associates, LLC.
Audited financials

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 Pekoe Tea Bar unit return on the cash you put in?

Revenue · per unit, per year
$
Item 19 not disclosed — typing your own estimate
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: $496K–$855K
Working capital
$
FDD reports $25K–$50K

Unlevered ROIC · per unit

11%

Below typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$75K
EBITDA margin
10.0%
Total invested
$713K
Payback
114 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.

Overview

About

Pekoe Tea Bar franchisees operate specialty tea retail locations focused on serving premium loose-leaf tea beverages and related products. Day-to-day operations involve beverage preparation, customer service, inventory management of tea products, and retail point-of-sale functions in a café-style environment.

CEO
Angela Vo
Founded
2024
FDD year
2025
States available
3

Item 7 · what it costs

The Vitals

Total investment
$496K – $855K
All-in to open one unit
Liquid capital
$25K – $50K
Cash you must have on hand
Franchise fee
$40K
Royalty
6.0%
Gross Revenue · typical 6–8%
Ad fund
2.0%
typical 3–5%
Total fee load
8.0%
vs 9–13% typical

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

Total units
5
Opened
0
Last reporting year
Closed
0
Turnover rate
0.0%
Company-owned
5
Corporate units in the system
% franchised
0%
vs corporate-owned
Multi-unit owners
5.9%
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 · 5 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 · 5 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

Pekoe Tea Bar presents HIGH RISK due to going concern status, micro-scale unit count, missing financial performance data, and unproven expansion model with minimal corporate infrastructure.

Score breakdown · what drove the 70 / 100 rating

  1. 01HIGHGoing concern warning indicates financial instability or viability questions at corporate level
  2. 02MEDOnly 5 units systemwide suggests extremely limited scale, unproven business model, and high failure risk
  3. 03MINORNo Item 19 (average revenue/net income) disclosure prevents ROI validation and hides performance data
  4. 04MINORHigh investment range ($496k-$855k) paired with no revenue disclosure creates severe information asymmetry
  5. 05MEDNo disclosed unit growth trajectory raises questions about brand momentum and franchisee recruitment
  6. 06MINOREarly-stage franchisor with minimal operating history likely lacks operational infrastructure and support systems

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
Optional
Governing law
California

Item 11

Training & Operations

Classroom training
0 hrs
On-the-job training
40 hrs
POS system
Square 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

6 numbers

Locked
(408) 677-••••
The franchisor is Pekoe Franchise, Inc., located at
CA
(305) 598-••••
FL
(517) 373-••••
MI

One-time purchase · CSV download · Validation questions included

FDD download

Pekoe Tea Bar · FDD (2025) PDF

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