FranchiseVerdict
With A Twist logo
FV-02987·STRONGExcellent81

With A Twist

Business Services - StaffingFranchising since 2020Website
Investment
$55K – $136K
33rd pct Staffing
Avg revenue
42nd pct Staffing
Royalty
7.0%
29th pct Staffing
Units
24
38th pct Staffing
SBA default
0.0%
vs <3% typical

Bottom line

  • Total investment $55K – $136K including a $29K franchise fee, 7.0% ongoing royalty.
  • No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
  • Rated STRONG with a risk score of 54/100. SBA loan default rate of 0.0% across 82 loans (below the industry average).
  • System growing at 300.0% CAGR over 3 years with 24 total units — strong expansion trajectory.

Item 1 · who you're contracting with

The Franchisor

Legal entity
With A Twist Franchising Inc.
Parent company
With A Twist, Inc.
Incorporated in
Colorado
HQ
795 McIntyre Street, Suite 204, Golden, Colorado 80401
Auditor
Muhammad Zubairy, CPA PC
Audited financials
Franchisor revenue
$335K
vs $408K 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 With A Twist unit return on the cash you put in?

Revenue · per unit, per year
$
Item 19 not disclosed — typing your own estimate
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: $55K–$136K
Working capital
$
FDD reports $8K–$20K

Unlevered ROIC · per unit

89%

Above typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$98K
EBITDA margin
13.0%
Total invested
$109K
Payback
13 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.

Overview

About

With A Twist franchisees operate beverage-focused retail establishments (juice bars, smoothie shops, or specialty drink concepts) emphasizing fresh ingredients and customization. Day-to-day operations include inventory management, customer service, point-of-sale transactions, staff scheduling, and execution of menu items. Success depends on high-traffic locations and repeat customer loyalty in competitive QSR beverage segment.

CEO
Thomas Stemple
Founded
2018
FDD year
2024
States available
24

Item 7 · what it costs

The Vitals

Total investment
$55K – $136K
All-in to open one unit
Liquid capital
$8K – $20K
Cash you must have on hand
Franchise fee
$29K
Royalty
7.0%
Gross Sales · typical 6–8%
Ad fund
up to 1% of Gross Sales
Total fee load
8.0%
vs 9–13% typical

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

Total units
24
Opened
4
Last reporting year
Closed
0
Turnover rate
0.0%
Company-owned
0
Corporate units in the system
% franchised
100%
vs corporate-owned
Multi-unit owners
6.1%
Net growth (yr3)
+20.0%
Net unit change last year
3-yr CAGR
Outlier (see FDD)
Likely small-sample artifact
2022
24+4
Franchised units
2023
20
Franchised units
2024
6
Franchised units

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

Item 20 · 12 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).

AK
ME
VT
NH
MA
RI
CT
NY
NJ
PA
DE
MD
DC
WA
OR
CA
NV
ID
MT
WY
UT
CO
AZ
NM
ND
SD
NE
KS
OK
TX
MN
IA
MO
AR
LA
WI
IL
MS
TN
MI
IN
KY
AL
OH
WV
GA
VA
NC
SC
FL
HI
Registered · 12 states
Not registered

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.

Total loans
82
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

54
Risk · 0-100
STRONG54 / 100

With A Twist presents CAUTION-level risk due to absence of financial performance data, questionable franchisor stability, modest unit growth, and high relative upfront costs without revenue transparency.

Score breakdown · what drove the 54 / 100 rating

  1. 01MEDNo Item 19 financial disclosure (average revenue and net income not disclosed) — impossible to assess ROI or profitability
  2. 02HIGHGoing Concern status is FALSE, indicating potential financial instability at franchisor level
  3. 03MEDSmall unit base (24 locations) with only 20% YoY growth suggests limited brand recognition and slower market penetration than established competitors
  4. 04MEDHigh royalty rate (7%) combined with undisclosed profitability means franchisees may struggle to achieve positive cash flow
  5. 05MINORWide investment range ($54.5K–$136K spread of 149%) indicates inconsistent unit economics or high variability in startup costs
  6. 06MINORFranchise fee of $29K represents 53% of the minimum investment — heavy upfront cost burden with no revenue visibility

Severity inferred from the FDD text · not a regulatory classification

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

Contract & Territory Detail

Territory
Radius, county lines, zip code boundaries, or street boundaries
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
No
Jury trial waiver
Yes
Non-compete
2 yrs
Post-termination restriction
Owner-operator
Optional
Governing law
Colorado

Item 11

Training & Operations

Classroom training
50 hrs
On-the-job training
0 hrs
POS system
WAT Software
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.

Franchisee contacts

19 numbers

Locked
(720) 502-••••
The franchisor is With A Twist Franchising Inc., located at
CO
(415) 972-••••
One Sansome Street, Suite
CA
(305) 901-••••
FL

One-time purchase · CSV download · Validation questions included

FDD download

With A Twist · FDD (2024) PDF

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