Voodoo Brewing Co.
Bottom line
- Total investment $482K – $1.6M including a $75K 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 72/100.
- System growing at 228.6% CAGR over 3 years with 23 total units — strong expansion trajectory.
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 Voodoo Brewing Co. unit return on the cash you put in?
Unlevered ROIC · per unit
11%
Below typical band (30–60%)
Overview
About
Voodoo Brewing Co. franchisees operate craft brewery taproom locations, managing on-premise beer production, sales, and service. Day-to-day operations include production scheduling, staff management, inventory control, point-of-sale transactions, and compliance with federal and state liquor regulations. Franchisees pay 6% royalty on gross sales and operate under a 10-year territorial protection agreement.
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 · 19 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.
No SBA loan data available for this brand.
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
High-risk micro-franchise with going concern warning, active fraud litigation over liquor licenses, undisclosed financials, and insufficient unit scale to demonstrate system viability.
Score breakdown · what drove the 72 / 100 rating
- 01HIGHGoing concern warning indicates potential financial distress at franchisor level
- 02HIGHThree active/recent litigation cases including fraud/misrepresentation allegation regarding liquor licenses—critical operational asset
- 03MINOR76.9% YoY unit growth masks absolute unit count (23 total)—extremely small system with high volatility risk
- 04MEDNo disclosed average revenue or net income prevents ROI validation; 6% royalty on undisclosed sales is opaque
- 05HIGHLiquor license fraud litigation (NERco case) directly threatens franchisee's ability to operate core business
- 06MEDTwo prior arbitrations (settled/dismissed) suggest unresolved franchisee grievances and relationship deterioration
- 07MINORHigh investment range ($481.5K–$1.625M) combined with no performance benchmarks creates severe information asymmetry
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
54 numbers
One-time purchase · CSV download · Validation questions included
FDD download
Voodoo Brewing Co. · FDD (2025) PDF