Yi Fang Taiwan Fruit Tea Franchise Cost, Revenue & Review 2026
Data from FDD filing
Analysis by FranchiseVerdict Research · Methodology
Yi Fang Taiwan Fruit Tea is a bubble tea franchise known for fresh fruit teas made with real fruit and hand-brewed tea. Franchisees run the shops, managing drink prep, ingredient inventory, and counter service.
FranchiseVerdict summary · 2026
A Yi Fang Taiwan Fruit Tea franchise requires a total initial investment of $119K – $221K, including a $30K franchise fee and an ongoing 4.0% royalty[2]. The 2025 FDD does not disclose unit-level revenue (no Item 19). FranchiseVerdict grade: C (Average), an editorial assessment, not investment advice. Run a live ROI scan →
Data last verified · figures per the 2025 FDD issuance
Overview
- Investment
- $119K – $221K
- 8th pct Service Resta…
- Avg gross sales
- N/A
- Royalty
- 4.0%
- 3rd pct Service Resta…
- Units
- 33
- 58th pct Service Resta…
- SBA charge-off
- N/A
Quick verdict · Quick-Service Restaurants · color = vs category peers
Green = favorable by >10% vs Quick-Service Restaurants avg · 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 $119K – $221K including a $30K franchise fee, 4.0% ongoing royalty.
- RETURNSNo Item 19 financial performance data disclosed. The franchisor chose not to publish revenue figures.
- RISKVerdict C (Average), verdict score 40/100 (higher is better).
- FLAG16 units terminated last reporting year (48.5% of the system). Ask existing franchisees why.
Item 1 · who you're contracting with
The Franchisor
Corporate structure & franchisor financials
- Legal entity
- Inkism International Co., LLC
- Parent company
- Inkism International Co., Ltd. (Taiwan) ("Inkism-Taiwan")
- Ultimate parent
- Inkism International Co., Ltd. (Taiwan)
- Predecessor
- DanYe
- Prior franchisor entity
- CEO title
- Chief Executive Officer and Manager
- Tzu-Kai Ko
- Founder active
- Yes
- Original founder still leading the business
- Incorporated in
- California
- HQ
- 100 Pine St., 1250, San Francisco, CA 94111
- Auditor
- DLEE Accountancy, Inc.
- Audited financials
- Franchisor revenue
- $728K
- vs $868K prior year
Overview
About
- CEO
- Tzu-Kai Ko
- Headquarters
- CA
- Founded
- 2018
- FDD year
- 2025
- States available
- 8
Can you afford it, and what does the money buy?
Entry cost runs 74% below the typical quick-service restaurants franchise.
Source: FDD 2025 · Items 5–7
Full Item 7 breakdown28 line items
Initial investment breakdown
| Line item | Low | High | |
|---|---|---|---|
| Area Development Feenot refundable | $190K | $190K | |
| Design Fee (Area Developer)not refundable | $1K | $4K | |
| Security Deposit for Area Developer | $50K | $50K | |
| Training Expenses (Area Developer)not refundable | $3K | $8K | |
| Lease of Outlet Premises and Lease Security Deposit (Area Developer)not refundable | $2K | $10K | |
| Leasehold Improvements (Area Developer)not refundable | $10K | $50K | |
| Equipment, Furniture and Fixtures (Area Developer)not refundable | $20K | $40K | |
| Point of Sale System (Area Developer)not refundable | $700 | $3K | |
| Interior/Exterior Signs and Graphics (Area Developer)not refundable | $1K | $5K | |
| Professional Fees (Area Developer)not refundable | $2K | $3K | |
| Business Licenses and Permits (Area Developer)not refundable | $1K | $5K | |
| Inventory and Administrative Supplies to Begin Operating (Area Developer)not refundable | $8K | $11K | |
| Business Insurance (Area Developer)not refundable | $1K | $3K | |
| Additional Funds - 3 Months (Area Developer)not refundable | $30K | $40K | |
| Initial Franchise Feenot refundable | $30K | $30K | |
| Design Fee (Unit Franchisee)not refundable | $1K | $4K | |
| Security Deposit for Franchisee | $10K | $10K | |
| Training Expenses (Unit Franchisee)not refundable | $3K | $8K | |
| Lease of Outlet Premises and Lease Security Deposit (Unit Franchisee)not refundable | $2K | $10K | |
| Leasehold Improvements (Unit Franchisee)not refundable | $10K | $50K | |
| Total initial investment | $437K | $643K |
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
- $119K – $221K
- Top 40% of category vs category
- Liquid capital req'd
- $30K – $40K
- Middle of category vs category
- Franchise fee
- $30K – $30K
- Top 40% of category vs category
- Royalty
- 4.0%
- Gross Revenues · typical 6–8%
- Ad fund
- Minimum $1,000 per month
- Total fee load
- 4.0%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 4.0% of gross sales |
| Training fee | $6K |
| Transfer fee | $10K |
| Renewal fee | $10K |
| Total fee load | 4.0% of rev |
ROI & LBO modelsSingle-unit · 25-unit portfolio · editable
Yi Fang Taiwan Fruit Tea did not disclose financial performance in FDD Item 19. The ROIC and return models require Item 19 revenue. Without it all inputs are estimates. You can still run the calculator with your own assumptions by entering an expected revenue figure.
Returns model · single-unit ROIC
What would one Yi Fang Taiwan Fruit Tea unit return on the cash you put in?
Unlevered ROIC · per unit
Estimated return on your total franchise investment, before any debt financing.
55%
Within the 30–60% "attractive franchise" band
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: 2025 FDD
Financial Performance
This franchisor did not disclose financial performance representations in Item 19, or our extractor could not parse them.
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 4.0% — below the Quick-Service Restaurants average of 7.9%.
Disclosure
Franchisor chose not to disclose financial performance representations. You will need to gather unit economics directly from existing franchisees.
Operator retention
System expanding at 13.8% CAGR over 3 years across 33 units — operators are staying and new ones are joining.
Multi-unit rate
Only 11% of franchisees own multiple units. Could indicate challenging economics or a young system where operators haven't had time to expand.
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 Quick-Service Restaurants averages
How Yi Fang Taiwan Fruit Tea Compares
Is the system healthy?
Source: FDD 2025 · Item 20
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 33
- Opened
- 14
- Last reporting year
- Closed
- 16
- Terminated
- 16
- Franchisor ended the franchise (per Item 20)
- Non-renewed
- 0
- Term expired, not renewed (per Item 20)
- Turnover rate
- 48.5%
- Company-owned
- 0
- Corporate units in the system
- % franchised
- 100%
- vs corporate-owned
- Multi-unit owners
- 10.5%
- Net growth (3-yr)
- -5.7%
- Net unit change over 3 years
- 3-yr CAGR
- +13.8%
- Compounded over last 3 years
3-year detail · Item 20
- Opened (3yr)
- 14
- Closed (3yr)
- 0
- Terminated (3yr)
- 16
- Non-renewed (3yr)
- 0
- Transfers (3yr)
- 0
- Reacquired (3yr)
- 0
- Franchisor bought back
- Projected new
- 5
- Franchisor's next-year forecast
- Termination rate
- 48.5%
- Franchisor-initiated terminations
- Ceased ops
- 48.5%
- Units that stopped operating
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 10 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.
Available to sell in · Item 12
- Hawaii
- Illinois
- Indiana
- Maryland
- Michigan
- Minnesota
- North Dakota
- Rhode Island
- South Dakota
- Virginia
- Washington
- Wisconsin
States where the franchisor is registered to sell new franchises (FDD registration filings).
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA 7(a) and 504 loan disclosures, public data unique to FranchiseVerdict.
No SBA loan data available for this brand.
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
Beverage franchisor with parent-level financials ($5.97M revenue) and 33 franchised units. Four Item-3 matters are all resolved franchise-registration/disclosure violations (largest payment $7,200). Notable elevated turnover of 48.5% and no Item 19 stack against otherwise resolved litigation to a minor flag.
Litigation (Item 3)
Four government enforcement actions disclosed: (1) California Notice of Violation filed September 3, 2019 by Department of Financial Protection and Innovation regarding unregistered franchise offering (approved October 2, 2019); (2) New York Attorney General Assurance of Discontinuance (AOD No. 19-004) signed January 29, 2019 by parent company Inkism International Co. Ltd. for selling two unregistered franchises (unit registration approved February 8, 2019, renewed February 6, 2020); (3) California Notice of Violation filed October 11, 2019 by subfranchisor Fortune Journey LLC and Roy Lam for unregistered franchise sales (approved February 5, 2020); (4) Washington State Securities Division Consent Order (Order No. S-21-3087-21-CO03) entered July 13, 2022 against Inkism International Co., LLC for misrepresentation/non-disclosure of store numbers in franchise disclosure document, with $7,200 investigative costs ordered. All matters settled/concluded.
Largest disclosed settlement: $7,200
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · DLEE Accountancy, Inc.
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
ⓘ These are the parent company's consolidated financials (the parent guarantees the franchisor), not this brand's standalone results — the figure reflects the whole corporate group, not this brand alone.
Supplier relationship · Items 8 & 16
- Franchisor sells you products: Yes
- Kickbacks from required suppliers: No
- Must buy proprietary products: Yes
- Restricted to system-approved products: Yes
- Can negotiate own supplier terms: No
Score breakdown · what drove the 40 / 100 verdict
- 01MINORHigh franchisee turnover 48.5%
- 02MINOR4 resolved franchise-registration/disclosure violations (max $7,200)
- 03MINORNo Item 19 disclosure
- 04MEDParent-level financials — brand equity not disclosed
- 05MINORNo bankruptcy, no going-concern
Severity inferred from the FDD text · not a regulatory classification
What are you signing up for?
Ongoing fees run about 4.0% of sales (royalty + ad fund), before rent and labor.
Source: FDD 2025 · Items 11, 12, 17
FDD Items 12, 15, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 3 years |
|---|---|
| Renewal term | 3 years |
| Territory type | Radius or specified geographical area |
| Protected territory | Yes |
| Exclusive territoryℹ | No |
| Territory radius | 0.3 mi |
| Online sales rights | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Not allowed |
| Owner-operator | Required |
| Non-compete (years)ℹ | 1 year |
| Non-compete (miles)ℹ | 25 mi |
| Right of first refusalℹ | Yes |
| Transfer requires consent | Yes |
| Termination notice | 60 days |
| Curable defaultsℹ | 2 |
| Mandatory arbitration | Yes |
| Arbitration location | Los Angeles County, California |
| Governing law | New York |
| Litigation count | 4 |
View Item 3 litigation summary
Four government enforcement actions disclosed: (1) California Notice of Violation filed September 3, 2019 by Department of Financial Protection and Innovation regarding unregistered franchise offering (approved October 2, 2019); (2) New York Attorney General Assurance of Discontinuance (AOD No. 19-004) signed January 29, 2019 by parent company Inkism International Co. Ltd. for selling two unregistered franchises (unit registration approved February 8, 2019, renewed February 6, 2020); (3) California Notice of Violation filed October 11, 2019 by subfranchisor Fortune Journey LLC and Roy Lam for unregistered franchise sales (approved February 5, 2020); (4) Washington State Securities Division Consent Order (Order No. S-21-3087-21-CO03) entered July 13, 2022 against Inkism International Co., LLC for misrepresentation/non-disclosure of store numbers in franchise disclosure document, with $7,200 investigative costs ordered. All matters settled/concluded.
Items 10, 11
Training & Operations
- Classroom training
- 55 hrs
- On-the-job training
- 105 hrs
- Training location
- On-site and off-site
- Time to open
- 9 mo
- From signing to launch
- POS system
- POS System
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: POS System
Item 20 · call current owners
Franchisee Contacts
44 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
Yi Fang Taiwan Fruit Tea · FDD (2025) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a Yi Fang Taiwan Fruit Tea franchise?
The total investment to open a Yi Fang Taiwan Fruit Tea franchise ranges from $119K – $221K, with an initial franchise fee of $30K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do Yi Fang Taiwan Fruit Tea franchise owners earn?
Yi Fang Taiwan Fruit Tea does not disclose average franchise owner earnings in their FDD Item 19. Not all franchisors are required to make financial performance representations. We recommend asking existing franchisees directly about their financial experience.
What is Item 19 in the Yi Fang Taiwan Fruit Tea 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 Yi Fang Taiwan Fruit Tea FDD and qualifies whose outlets they describe.
What is Yi Fang Taiwan Fruit Tea's franchise failure rate?
SBA 7(a) loan charge-off data is not available for Yi Fang Taiwan Fruit Tea (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 Yi Fang Taiwan Fruit Tea franchise locations are there?
As of their most recent FDD filing, Yi Fang Taiwan Fruit Tea has 33 total units in the United States, including 33 franchised units and 0 company-owned units. 14 new units were opened in the latest reporting year.
Is Yi Fang Taiwan Fruit Tea a good franchise to buy?
FranchiseVerdict rates Yi Fang Taiwan Fruit Tea as a C-grade franchise with a verdict score of 40 out of 100 (higher is better), based on our analysis of investment costs, revenue data, SBA loan performance, and growth trends. 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.