FranchiseVerdict
Poké Bar Dice & Mix logo
FV-01998·CAUTIONStandard76FDD 2022

Poké Bar Dice & Mix

Food & Beverage - Full ServiceFranchising since 2016Website
Investment
$158K – $438K
13th pct Full Service
Avg revenue
57th pct Full Service
Royalty
6.0%
54th pct Full Service
Units
58
74th pct Full Service
SBA default

Bottom line

  • Total investment $158K – $438K including a $30K 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 68/100.
  • 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

Legal entity
JB Brothers, Inc.
Incorporated in
California
HQ
3470 Wilshire Boulevard Suite 1115, Los Angeles, California 90010
Auditor
Ko & Yun LLP
Audited financials
Franchisor revenue
$605K
vs $907K prior year
⚠ Going-concern note
Disclosed in FDD 2022
Status as of 2022; may have been resolved in a later filing we don't yet have.

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 Poké Bar Dice & Mix 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: generic
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $158K–$438K
Working capital
$
FDD reports $40K–$70K

Unlevered ROIC · per unit

34%

In Yale's "attractive" band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$120K
EBITDA margin
16.0%
Total invested
$353K
Payback
35 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

Poké Bar Dice & Mix franchisees operate casual fast-casual restaurants serving customizable poke bowls and mixed drinks. Day-to-day operations include food prep, inventory management, POS operations, and customer service in a limited-service format designed for quick turnover and repeat traffic.

CEO
Yoon Ho Ju
Founded
2015
FDD year
2022
States available
8

Item 7 · what it costs

The Vitals

Total investment
$158K – $438K
All-in to open one unit
Liquid capital
$40K – $70K
Cash you must have on hand
Franchise fee
$30K
Royalty
6.0%
Gross Sales · typical 6–8%
Ad fund
1.0%
typical 3–5%
Total fee load
7.0%
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
58
Opened
3
Last reporting year
Closed
10
Turnover rate
17.2%
Company-owned
19
Corporate units in the system
% franchised
67%
vs corporate-owned
Net growth (yr3)
-11.4%
Net unit change last year
3-yr CAGR
-17.0%
Compounded over last 3 years
2020
39-7
Franchised units
2021
44
Franchised units
2022
47
Franchised units

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

Item 20 · 7 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 · 7 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

68
Risk · 0-100
CAUTION68 / 100

Declining unit base, missing financial disclosures, unprotected territory, and prior fraud litigation make this a high-risk franchise with unclear unit economics and franchisor sustainability concerns.

Score breakdown · what drove the 68 / 100 rating

  1. 01MEDUnit count declined 11.4% year-over-year (58 units) indicating contraction and potential model weakness
  2. 02MINORNo average revenue or net income disclosure (Item 19) prevents realistic ROI assessment and suggests franchisor may lack strong unit economics to share
  3. 03MINORUnprotected territory creates direct competition risk—multiple franchisees could operate in same geographic area, cannibalizing sales
  4. 04HIGHRecent litigation by former franchisee alleging registration law violations and fraud (though dismissed) raises compliance and trust concerns
  5. 05MEDHigh investment range ($157,800–$438,000) with 6% royalty burden and no disclosed average returns creates unfavorable risk-reward profile
  6. 06HIGHGoing concern status indicates potential franchisor financial instability, raising questions about support and system viability

Severity inferred from the FDD text · not a regulatory classification

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

Contract & Territory Detail

Protected territory
No
Initial term
10 years
Renewal term
10 years
Online sales rights
Granted
Franchisor can compete
Yes
Hire a manager?
Allowed
Litigation count
1
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
80 hrs
POS system
Clover POS System
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

37 numbers

Locked
(919) 890-••••
NC
(604) 370-••••
(470) 210-••••
GA

One-time purchase · CSV download · Validation questions included

FDD download

Poké Bar Dice & Mix · FDD (2022) PDF

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