FranchiseVerdict
Yi Fang Taiwan Fruit Tea logo
FV-03018·CAUTIONExcellent86

Yi Fang Taiwan Fruit Tea

Food & Beverage - Juice & SmoothiesFranchising since 2018Website
Investment
$119K – $221K
5th pct Juice & Smoot…
Avg revenue
38th pct Juice & Smoot…
Royalty
4.0%
0th pct Juice & Smoot…
Units
33
38th pct Juice & Smoot…
SBA default

Bottom line

  • Total investment $119K – $221K including a $30K franchise fee, 4.0% ongoing royalty.
  • No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
  • Rated CAUTION with a risk score of 69/100.
  • Auditor disclosed a going-concern note — flagged doubt about the franchisor's ability to continue operations. Verify against the latest FDD.

Item 1 · who you're contracting with

The Franchisor

Legal entity
Inkism International Co., LLC
Parent company
Inkism International Co., Ltd.
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
⚠ Going-concern note
Disclosed in FDD 2025
Auditor flagged doubt about continued operations. Verify against the latest FDD before deciding.

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 Yi Fang Taiwan Fruit Tea 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: restaurant
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $119K–$221K
Working capital
$
FDD reports $30K–$40K

Unlevered ROIC · per unit

40%

In Yale's "attractive" band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$83K
EBITDA margin
11.0%
Total invested
$205K
Payback
30 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

Franchisees operate Yi Fang Taiwan Fruit Tea retail locations, primarily specialty beverage shops selling fruit-infused teas and related drinks. Day-to-day operations include managing inventory of fruit and tea ingredients, preparing and serving drinks to customers, managing POS systems, scheduling staff, and maintaining store cleanliness and brand standards.

CEO
Tzu-Kai Ko
Founded
2018
FDD year
2025
States available
8

Item 7 · what it costs

The Vitals

Total investment
$119K – $221K
All-in to open one unit
Liquid capital
$30K – $40K
Cash you must have on hand
Franchise fee
$30K
Royalty
4.0%
Gross Revenues · typical 6–8%
Ad fund
Minimum $1,000 per month
Total fee load
4.0%
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
33
Opened
14
Last reporting year
Closed
16
Turnover rate
48.5%
Company-owned
0
Corporate units in the system
% franchised
100%
vs corporate-owned
Multi-unit owners
10.5%
Net growth (yr3)
-5.7%
Net unit change last year
3-yr CAGR
+13.8%
Compounded over last 3 years
2023
33-2
Franchised units
2024
35
Franchised units
2025
29
Franchised units

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

Item 20 · 13 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 · 13 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.

No SBA loan data available for this brand.

FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17

Risk & Legal

69
Risk · 0-100
CAUTION69 / 100

Contracting franchise system with documented regulatory violations, no profitability data, and franchisor going concern issues creates significant investment risk.

Score breakdown · what drove the 69 / 100 rating

  1. 01MEDUnit count declined 5.7% YoY (33 units) indicating system contraction and potential franchisee struggles
  2. 02MINORFranchisor involved in regulatory investigations and consent orders across multiple states (CA, NY, WA) for franchise registration violations and data misrepresentation — suggests compliance and transparency issues
  3. 03MEDNo average revenue or net income disclosed in FDD Item 19 — inability to assess unit economics or franchisee profitability potential
  4. 04HIGHGoing concern status indicates financial viability uncertainty for the franchisor itself
  5. 05MED3-year term is short and risky — limited time to recoup $118,700-$221,250 investment plus working capital
  6. 06MED4% royalty on undisclosed revenue baseline makes financial projections impossible to validate

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 or specified geographical area
Protected territory
Yes
Initial term
3 years
Renewal term
3 years
Online sales rights
Restricted
Franchisor can compete
Yes
Hire a manager?
Not allowed
Litigation count
4
Right of first refusal
Yes
Franchisor can buy back on resale
Mandatory arbitration
Yes
Non-compete
1 yrs
Post-termination restriction
Owner-operator
Required
Governing law
New York

Item 11

Training & Operations

Classroom training
55 hrs
On-the-job training
105 hrs
POS system
POS System
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

47 numbers

Locked
(425) 625-••••
WA
(669) 268-••••
TX
(510) 838-••••
CA

One-time purchase · CSV download · Validation questions included

FDD download

Yi Fang Taiwan Fruit Tea · FDD (2025) PDF

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