U-Swirl Frozen Yogurt Franchise Cost, Revenue & Review 2026
- Investment
- $419K – $630K
- Disclosed sales
- not disclosed
- SBA charge-off
- Under 10 loans (1)
Data from FDD filing + SBA 7(a) records
Analysis by FranchiseVerdict Research · Methodology
U-Swirl is a self-serve frozen yogurt franchise where guests fill cups and choose toppings priced by weight. Franchisees run the shops, managing equipment, product inventory, and quick-service operations.
FranchiseVerdict summary · 2026
A U-Swirl Frozen Yogurt franchise requires a total initial investment of $419K – $630K, including a $25K franchise fee and an ongoing 6.0% royalty[2]. This franchisor makes no financial performance representation in Item 19 of its FDD. Item 19 is voluntary under the FTC Franchise Rule, and this filing states that it makes none, so no revenue or earnings figures are disclosed. Declining to publish one is lawful and is not evidence of how the outlets perform. It does mean that less about this brand can be verified from its filing, and the FranchiseVerdict grade - an editorial assessment, not investment advice - reflects that. FranchiseVerdict grade: C (Average), an editorial assessment, not investment advice. Run a live ROI scan →
Sources, dates and evidence
FDD issued: · Data extracted: · Last cited check: · Staleness risk: high - issued more than two years ago
Evidence: strong✓ Investment (Item 7)✓ Item 19 status✓ Units and owners (Item 20)✗ SBA loan coverage✓ Litigation (Item 3)✓ Financial statements (Item 21)✓ Franchisor identityhow this is scored5 of 5 headline figures on this page cite a page of the filing.
Overview
- Investment
- $419K – $630K
- 20th pct Service Resta…
- Avg gross sales
- N/A
- Royalty
- 6.0%
- 25th pct Service Resta…
- Units
- 57
- 27th pct Service Resta…
- SBA charge-off
- N/A
Quick verdict · Full-Service Restaurants · color = vs category peers
Green = favorable by >10% vs Full-Service Restaurants median · No shading = within ±10% · Red = unfavorable by >10% · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
Bottom line
- COSTTotal investment $419K – $630K including a $25K franchise fee, 6.0% ongoing royalty.
- RETURNSThis franchisor makes no financial performance representation in Item 19 of its FDD. Item 19 is voluntary under the FTC Franchise Rule, and this filing states that it makes none, so no revenue or earnings figures are disclosed. Declining to publish one is lawful and is not evidence of how the outlets perform. It does mean that less about this brand can be verified from its filing, and the FranchiseVerdict grade - an editorial assessment, not investment advice - reflects that.
- RISKVerdict C (Average), verdict score 43/100 (higher is better).
- GROWTHNegative: net -4 franchised outlets in the latest year (3 opened, 7 closed); 2 signed but not yet open (Item 20).
- DATAThis franchisor makes no financial performance representation in Item 19 of its FDD. Item 19 is voluntary under the FTC Franchise Rule, and this filing states that it makes none, so no revenue or earnings figures are disclosed. Declining to publish one is lawful and is not evidence of how the outlets perform. It does mean that less about this brand can be verified from its filing, and the FranchiseVerdict grade - an editorial assessment, not investment advice - reflects that. Item 20 of the FDD lists current and former franchisees; asking them directly is the standard way to fill this gap.
Item 1 · who you're contracting with
The Franchisor
Corporate structure & franchisor financials
- Legal entity
- U Swirl Franchising LLC
- Parent company
- Bob Partners X, LLC; U Swirl LLC
- FDD Item 1, page 10 of the 2024 FDD
- Ultimate parent
- Bob Partners X, LLC
- FDD Item 1, page 10 of the 2024 FDD
- Predecessor
- U-Swirl International, Inc.
- Prior franchisor entity
- CEO title
- President and Chief Executive Officer
- Nealesh Dahya
- Incorporated in
- Delaware
- HQ
- 14071 Peyton Drive, Suite 2697, Chino Hills, California 91709
- Auditor
- NAPER CPA GROUP
- Audited financials
- Franchisor revenue
- $1.1M
- Most recent fiscal year
Affiliated brands
- Fosters Freeze International
- U Swirl Gift Card
Other brands the franchisor or its parent operates (Item 1).
Overview
About
- CEO
- Nealesh Dahya
- Headquarters
- CA
- FDD year
- 2024
- States available
- 21
Can you afford it, and what does the money buy?
Entry cost runs 23% below the typical full-service restaurants franchise.
Source: FDD 2024 · Items 5–7
Full Item 7 breakdown12 line items
Initial investment breakdown
| Line item | Low | High | |
|---|---|---|---|
| Initial Franchise Fee | $25K | $25K | |
| Furniture, Equipment, and Fixtures | $194K | $278K | |
| Computer System | $5K | $12K | |
| Pre-Opening Rent, Deposits, Architectural Fees and Leasehold Improvements | $131K | $186K | |
| Signage | $10K | $25K | |
| Opening Inventory | $5K | $10K | |
| Training | $4K | $8K | |
| Grand Opening Program | $5K | $5K | |
| Licenses and Permits | $500 | $2K | |
| Insurance | $2K | $4K | |
| Professional Fees | $3K | $5K | |
| Additional Funds - 3 Months | $35K | $71K | |
| Total initial investment | $419K | $630K |
Line items extracted from FDD Item 7. Ranges reflect the franchisor's stated low and high per line. Total is the sum of line-item lows / highs — actual costs may fall outside this range depending on market and build-out scope.
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $419K – $630K
- Top 40% of category vs category
- Liquid capital req'd
- $35K – $71K
- Top 40% of category vs category
- Franchise fee
- $25K – $25K
- Top 40% of category vs category
- Royalty
- 6.0%
- typical 6–8%
- Ad fund
- 1.0%
- typical 3–5%
- Total fee load
- 7.0%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 6.0% of gross sales |
| Marketing / ad fund | 1.0% of gross sales |
| Technology fee | $100 |
| Transfer fee | $10K |
| Renewal fee | $5K |
| Inventory (initial) | $5K – $10K |
| Total fee load | 7.0% of rev |
ROI & LBO modelsSingle-unit · 25-unit portfolio · editable
U-Swirl Frozen Yogurt makes no financial performance representation in Item 19 of its FDD - a voluntary item under the FTC Franchise Rule - so no unit revenue figures are disclosed. The return models need a revenue figure to start from, and the operating costs that turn gross sales into a profit are in no FDD. Enter your own and the calculator runs on your assumptions — nothing here is modelled until you do.
Returns model · single-unit ROIC
What would one U-Swirl Frozen Yogurt unit return on the cash you put in?
Illustrative category typicals — not sourced to any filing, survey or sample. Replace them with figures from franchisee validation calls before you rely on the output.
Unlevered ROIC · per unit
Your modelled return on total invested capital, before any debt financing.
—
An FDD discloses gross sales, not profit. We hold no sourced figure for annual revenue, COGS, labour, rent / occupancy and other operating costs, and will not substitute an assumed one. Enter your own and the model runs on your assumptions.
These models are for research and scenario planning only. Not investment advice. Actual results depend on your specific location, management, and market conditions. Consult a franchise attorney and accountant before signing any franchise agreement.
Item 19 · Source: 2024 FDD
Financial Performance
No financial performance representation
This franchisor makes no financial performance representation in Item 19 of its FDD. Item 19 is voluntary under the FTC Franchise Rule, and this filing states that it makes none, so no revenue or earnings figures are disclosed. Declining to publish one is lawful and is not evidence of how the outlets perform. It does mean that less about this brand can be verified from its filing, and the FranchiseVerdict grade - an editorial assessment, not investment advice - reflects that.
Item 20 of the FDD lists current and former franchisees; asking them directly is the standard way to fill this gap.
Operator outlook
What the numbers say
Data-driven interpretation of this brand's financial disclosures, fee structure, and system trajectory.
Fee burden
Total ongoing fee load of 7.0% (near the Full-Service Restaurants median).
Disclosure
This franchisor makes no financial performance representation in Item 19 of its FDD. Item 19 is voluntary under the FTC Franchise Rule, and this filing states that it makes none, so no revenue or earnings figures are disclosed. Declining to publish one is lawful and is not evidence of how the outlets perform. It does mean that less about this brand can be verified from its filing, and the FranchiseVerdict grade - an editorial assessment, not investment advice - reflects that. Item 20 of the FDD lists current and former franchisees; asking them directly is the standard way to fill this gap.
Source: FDD Item 19 financial performance representations and publicly filed FDD data. Past performance is not indicative of future results. Verify all figures with the franchisor and current franchisees before making any investment decision.
vs Full-Service Restaurants medians
How U-Swirl Frozen Yogurt Compares
Category median of published Full-Service Restaurants brands that report the figure; the middle half spans the 25th to 75th percentile and n counts the brands behind it. Medians are used because a few very large systems pull an average far from the typical brand. Revenue is disclosed gross sales, not profit.
Is the system healthy?
Source: FDD 2024 · Item 20
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 57
- Opened
- 3
- Last reporting year
- Closed
- 7
- Turnover rate
- 11.5%
- Company-owned
- 0
- Corporate units in the system
- % franchised
- 100%
- vs corporate-owned
Last fiscal year · Item 20 exits and transfers
- Signed, not yet open
- 2
- 0.04 per open outlet · Item 20 Table 5
- Projected new
- 3
- Franchisor's next-year forecast
- Termination rate
- 50.0%
- Franchisor-initiated terminations
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 9 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 contact records (FDD Item 20). Shows states with at least one current operator on file. Full state registration data (Item 12) will appear on a future FDD refresh.
Where the owners are · Item 20 owner list
15 current owners across 9 states.
- MN 3
- TX 3
- IA 2
- KS 2
- AZ 1
- IL 1
- MS 1
- NV 1
- UT 1
Counts only, from the list the franchisor prints in Item 20. Names and phone numbers are for your own due diligence and are not shown here.
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA loan disclosures. This brand has only 1 7(a) loan on file; statistical reliability is limited below 10 loans.
- Total loans
- 1
- Loan volume
- $200K
- Median loan
- $200K
- 50th percentile
- Charge-off rate
- Under 10 loans (1)
- Insufficient SBA coverage: 1 loan, rate hidden below 10
Historical SBA 7(a) lending data, not predictive of future performance. How SBA charge-off rates are calculated
- Repayment rate (PIF)
- Under 10 loans (1)
- 5-yr charge-off
- Under 10 loans (1)
- Loans approved 2021+
- Active lenders
- 1
- Defaults
- N/A
Explore lender portfolios on Bank Reports or regional data on State Reports.
What could kill this investment?
Source: SBA 7(a) FOIA · FDD Items 3, 21
Risk analysis
FranchiseVerdict rating + FDD Items 3, 4, 8, 16, 21
Risk & Legal
One arbitration alleging franchise disclosure violations and fraudulent misrepresentation, settled Dec 2018 for $55,000. No Item 19 disclosure. Sharp negative net growth of -14.1% (units declined 61 to 57) with elevated 11.5% turnover indicate system contraction.
Litigation (Item 3)
Subject: the franchisor is a named party (defendant).
Brokish Holdings, LLC and William Brokish v. U-Swirl International, Inc. and Rocky Mountain Chocolate Factory, Inc. (AAA arbitration, filed April 2018) alleging franchise disclosure violations, fraudulent misrepresentation, and breach of contract; settled in December 2018 with USI paying $55,000 to Claimants. This litigation predates the current franchisor (USF) and was against the predecessor entity.
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · NAPER CPA GROUP
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Item 21 states Exhibit B contains the auditor's report of February 26, 2024 for financial statements as of December 31, 2023 (franchisor U Swirl Franchising LLC, in business less than 3 years). The Exhibit B financial statement pages are image-based in the extracted text; no balance sheet, income statement figures, or CPA firm name are recoverable from the text.
Supplier relationship · Items 8 & 16
- Franchisor sells you products: No
- Kickbacks from required suppliers: No
- Must buy proprietary products: No
- Restricted to system-approved products: No
- Can negotiate own supplier terms: Yes
Score breakdown · what drove the 43 / 100 verdict
- 01HIGHLitigation alleging disclosure violations/fraud, settled $55,000
- 02MINORNo Item 19 disclosure
Severity inferred from the FDD text · not a regulatory classification
What are you signing up for?
Ongoing fees run about 7.0% of sales (royalty + ad fund), before rent and labor.
Source: FDD 2024 · Items 11, 12, 17
FDD Items 12, 15, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 10 years |
|---|---|
| Renewal term | 10 years |
| Allowed renewalsℹ | 1 |
| Territory type | Protected territory |
| Protected territory | Yes |
| Exclusive territoryℹ | No |
| Territory radius | 5 mi |
| Online sales rightsℹ | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Optional |
| Non-compete (years)ℹ | 2 years |
| Non-compete (miles)ℹ | 5 mi |
| Right of first refusalℹ | Yes |
| RoFR response window | 30 days |
| Transfer requires consent | Yes |
| Termination notice | 30 days |
| Curable defaultsℹ | 3 |
| Mandatory arbitration | Yes |
| Arbitration location | Principal city closest to franchisor's principal place of business (currently Chino Hills, California) |
| Jury trial waiver | Yes |
| Governing law | Delaware |
| Litigation count | 1 |
View Item 3 litigation summary
Brokish Holdings, LLC and William Brokish v. U-Swirl International, Inc. and Rocky Mountain Chocolate Factory, Inc. (AAA arbitration, filed April 2018) alleging franchise disclosure violations, fraudulent misrepresentation, and breach of contract; settled in December 2018 with USI paying $55,000 to Claimants. This litigation predates the current franchisor (USF) and was against the predecessor entity.
Items 10, 11
Training & Operations
- Classroom training
- 9 hrs
- On-the-job training
- 16 hrs
- Training location
- Franchisor location and on-site at franchisee's restaurant
- Ongoing training
- Required
- Site selection
- franchisor
- Franchisor financing
- Not offered
- Item 10
Items 5 & 11
Franchisor Support
Item 20 · call current owners
Franchisee Contacts
15 owners to call
Name · phone · city · state. Extracted from FDD Item 20
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a U-Swirl Frozen Yogurt franchise?
The total investment to open a U-Swirl Frozen Yogurt franchise ranges from $419K – $630K, with an initial franchise fee of $25K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do U-Swirl Frozen Yogurt franchise owners earn?
U-Swirl Frozen Yogurt makes no financial performance representation in Item 19 of its FDD - a voluntary item under the FTC Franchise Rule - so no unit revenue figures are disclosed. Declining to publish one is lawful and is not evidence of how the outlets perform. It does mean that less about this brand can be verified from its filing, and the FranchiseVerdict grade - an editorial assessment, not investment advice - reflects that. Item 20 of the FDD lists current and former franchisees; asking them directly is the standard way to fill this gap.
Who owns U-Swirl Frozen Yogurt?
U-Swirl Frozen Yogurt is franchised by U Swirl Franchising LLC. Its parent company is Bob Partners X, LLC; U Swirl LLC. The ultimate parent named in the FDD is Bob Partners X, LLC. Source: FDD Item 1, 2024 filing.
What is Item 19 in the U-Swirl Frozen Yogurt FDD?
The FDD section where a franchisor may disclose financial performance of its outlets. Disclosure is optional and formats vary; figures are typically gross sales, which is revenue before expenses, not profit. FranchiseVerdict extracts these figures directly from the U-Swirl Frozen Yogurt FDD and qualifies whose outlets they describe.
What is U-Swirl Frozen Yogurt's franchise failure rate?
SBA 7(a) loan charge-off data is not available for U-Swirl Frozen Yogurt (fewer than 10 loans on file). Charge-off rates are one way to gauge franchise risk, but not all franchise loans go through the SBA program. We recommend reviewing turnover and closure data in the FDD and speaking with current franchisees.
How many U-Swirl Frozen Yogurt franchise locations are there?
As of their most recent FDD filing, U-Swirl Frozen Yogurt has 57 total units in the United States, including 57 franchised units and 0 company-owned units. 3 new units were opened in the latest reporting year.
Is U-Swirl Frozen Yogurt a good franchise to buy?
FranchiseVerdict rates U-Swirl Frozen Yogurt as a C-grade franchise with a verdict score of 43 out of 100 (higher is better). The grade is a deterministic score built from six weighted dimensions — financial health, unit economics, unit growth, scale, legal, and transparency — then calibrated against SBA loan charge-off rates and FDD age. Transparency is one of the six, so a filing that discloses less scores lower on that dimension than one that discloses more. Our rating is based solely on publicly available FDD and government data; we recommend speaking with current franchisees before making any investment decision. This is not investment advice.
Data sourced from public FDD filings and SBA 7(a) FOIA records. Not financial advice.
For franchisors
Are you the franchisor?
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Data extracted from public FDD filings and SBA 7(a) loan disclosures (FOIA). This information is provided for research purposes only and does not constitute financial, legal, or investment advice. Verify all figures with the franchisor's current Franchise Disclosure Document before making any investment decision.