Wanpo Tea Shop
Bottom line
- Total investment $197K – $353K including a $30K franchise fee, 3.0% ongoing royalty.
- No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
- Rated MODERATE with a risk score of 62/100.
- 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 Wanpo Tea Shop unit return on the cash you put in?
Unlevered ROIC · per unit
28%
Below typical band (30–60%)
Overview
About
Franchisees operate a tea shop serving specialty tea beverages, likely with prepared food/snacks. Day-to-day operations include customer service, beverage preparation, inventory management, and local marketing within a protected territory.
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 · 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 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
Undisclosed financials combined with recent regulatory violation and false going concern status create substantial risk; evaluate current franchisee profitability before investing.
Score breakdown · what drove the 62 / 100 rating
- 01MEDRegulatory violation in May 2023: California DFPI issued Notice of Violation for unlicensed franchise sales; rescission offer declined by franchisee signals unresolved dispute
- 02MEDCritical financial opacity: No average revenue or net income disclosed in FDD Item 19, making ROI assessment impossible
- 03HIGHGoing Concern status is FALSE: Indicates potential financial instability at corporate level despite unit growth claims
- 04MINORHigh upfront investment ($196.5K–$352.9K) paired with 3% royalty + $600 minimum monthly fee creates break-even pressure on units with <$20K monthly sales
- 05MINORRapid unit growth (120% YoY from unknown baseline to 11 units) appears aggressive for brand without financial transparency; growth sustainability unclear
- 06MED5-year term is shorter than industry standard (typically 10), suggesting either corporate caution or limited franchisor confidence in long-term model
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
19 numbers
One-time purchase · CSV download · Validation questions included
FDD download
Wanpo Tea Shop · FDD (2025) PDF