WaBa Grill
Bottom line
- Total investment $341K – $577K including a $35K franchise fee, 5.0% ongoing royalty.
- No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
- Rated MODERATE with a risk score of 58/100. SBA loan default rate of 0.0% across 22 loans (below the industry average).
- 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
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 WaBa Grill unit return on the cash you put in?
Unlevered ROIC · per unit
22%
Below typical band (30–60%)
Overview
About
WaBa Grill franchisees operate fast-casual Asian fusion restaurants (primarily bowls and grilled proteins) with counter-service ordering, kitchen prep operations, and front-of-house management. Day-to-day responsibilities include food preparation oversight, inventory management, staff scheduling, customer service, and brand compliance across typically 1,000-2,000 sq ft locations.
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 · 3 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.
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
WaBa Grill presents caution-level risk due to lack of financial transparency, slow growth, unprotected territory, past regulatory violations, and inability to assess actual franchisee profitability.
Score breakdown · what drove the 58 / 100 rating
- 01MEDNo Item 19 financial performance data disclosed — cannot validate revenue/profitability claims or ROI
- 02MINORSlow unit growth of 6.4% YoY suggests market saturation or declining franchisee satisfaction
- 03MINORUnprotected territory creates direct competition risk from other WaBa Grill franchisees
- 04HIGH2015 franchise sales litigation with state regulatory body indicates compliance issues and regulatory scrutiny
- 05MINORHigh total investment ($341k-$577k) relative to unknown returns creates significant capital-at-risk scenario
- 06MED5% royalty on undisclosed revenue streams makes profitability modeling impossible for prospective franchisees
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
73 numbers
One-time purchase · CSV download · Validation questions included
FDD download
WaBa Grill · FDD (2022) PDF