FranchiseVerdict
Tropical Juice Bar logo
FV-02793·MODERATEExcellent86FDD 2022

Tropical Juice Bar

Food & Beverage - Full ServiceFranchising since 2022Website
Investment
$195K – $400K
18th pct Full Service
Avg revenue
$703K
9th pct Full Service
Royalty
6.0%
54th pct Full Service
Units
5
26th pct Full Service
SBA default
0.0%
vs <3% typical

Bottom line

  • Total investment $195K – $400K including a $30K franchise fee, 6.0% ongoing royalty.
  • Average unit revenue of $703K/year (median $847K).
  • Rated MODERATE with a risk score of 67/100. SBA loan default rate of 0.0% across 6 loans (below the industry average).

Item 1 · who you're contracting with

The Franchisor

Legal entity
Tropical Juice Bar Franchising, LLC
Parent company
Tropical Juice Bar Holding Company, LLC
Incorporated in
New Jersey
HQ
214 Myrtle Avenue, Passaic, New Jersey 07055
Auditor
PA Accounting LLC
Audited financials
Franchisor revenue
$0
vs $83K prior year

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 Tropical Juice Bar unit return on the cash you put in?

Revenue · per unit, per year
$
FDD Item 19 reports $703,305
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: $195K–$400K
Working capital
$
FDD reports $33K–$53K

Unlevered ROIC · per unit

29%

Below typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$98K
EBITDA margin
14.0%
Total invested
$340K
Payback
41 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 Tropical Juice Bar 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

$985K

on $4.9M purchase

Total debt

$3.9M

SBA $2.5M + senior + seller note

Overview

About

Franchisees operate retail juice and smoothie bar locations, managing daily operations including fresh juice blending, customer service, inventory management, and staff scheduling. The model typically involves counter-service retail with potential for wholesale or delivery channels, operating within a protected territory with brand standardization and franchisor support.

CEO
Carlos M. Lopez
Founded
2019
FDD year
2022
States available
1

Item 7 · what it costs

The Vitals

Total investment
$195K – $400K
All-in to open one unit
Liquid capital
$33K – $53K
Cash you must have on hand
Franchise fee
$30K
Royalty
6.0%
Gross Revenues · typical 6–8%
Ad fund
3.0%
typical 3–5%
Total fee load
9.0%
vs 9–13% typical

Item 19

Financial Performance

Avg gross sales
$703K
Per unit, per year
Median gross sales
$847K
Item 19 type
Affiliate Owned Locations
Sample size
3 units
vs category median 15 · small
Range (low → high)
$383K$880K
Cohort dispersion
Transparency
4 / 5
vs category median 4 / 5 · typical
Revenue rank9th
vs Food & Beverage - Full Service peers
Investment cost rank18th
Lower investment ranks lower (better)
Royalty rate rank54th
Lower royalty = lower percentile (better)
Unit count rank26th
vs Food & Beverage - Full Service peers
Risk score rank76th
Lower risk = lower percentile (better)

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
2020
0±0
Franchised units
2021
0
Franchised units
2022
0
Franchised units

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

Item 12 · 1 state reported

The Territory Map

FDD Item 12 reports the state count, but the specific list isn't in our current data. The map will appear once we re-extract from the FDD or enough franchisee contacts are available.

1

states with franchisees (per FDD Item 12)

Government records

SBA Loan Data

Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.

Total loans
6
Loan volume
Avg loan
Default rate
0.0%
vs <3% typical · system-wide
5-yr default

FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17

Risk & Legal

67
Risk · 0-100
MODERATE67 / 100

Tropical Juice Bar is an early-stage, unproven franchise system with minimal units, no disclosed profitability metrics, and financial stability concerns—unsuitable for risk-averse investors without direct franchisee validation.

Score breakdown · what drove the 67 / 100 rating

  1. 01MINOROnly 5 units in system with unknown growth trajectory suggests minimal scale and unproven replicability
  2. 02MEDNo average net income disclosed (Item 19 missing) — impossible to validate 703k revenue translates to actual profit after 6% royalties, COGS, and labor
  3. 03HIGHGoing Concern flag is FALSE, indicating potential financial instability or startup-phase franchisor
  4. 04MINORHigh investment range ($195k-$400k) with no profitability data creates significant downside risk
  5. 05MINORTiny unit count limits franchisor support infrastructure and vendor negotiating power for franchisees

Severity inferred from the FDD text · not a regulatory classification

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

Contract & Territory Detail

Territory
Geographic
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
New Jersey

Item 11

Training & Operations

Classroom training
18 hrs
On-the-job training
27 hrs
POS system
TOAST
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.

No franchisee contacts available for Tropical Juice Bar. This brand's FDD Item 20 did not include a contactable franchisee list.

FDD download

Tropical Juice Bar · FDD (2022) PDF

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