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FranchiseVerdict

MidnighTreats vs Smart Drinks

Franchise Comparison 2026

Both MidnighTreats and Smart Drinks are quick-service restaurants franchises. MidnighTreats requires an investment of $133K – $296K while Smart Drinks requires $197K – $226K. FranchiseVerdict rates MidnighTreats C (Average) and Smart Drinks D (Below average).

Investment Range
$133K – $296K
$197K – $226K
Franchise Fee
$30K
$20K
Royalty Rate
7.0%
$400 semi-monthly
Average Revenue (Item 19)
N/A
N/A
SBA Charge-Off Rate
N/A
Limited data
Total Units
4
7
Unit Growth (YoY)
N/A
N/A
Year Began Franchising
2024
2014
FDD Year
2026
2025