Smart Drinks vs MidnighTreats
Franchise Comparison 2026
Both Smart Drinks and MidnighTreats are quick-service restaurants franchises. Smart Drinks requires an investment of $197K – $226K while MidnighTreats requires $133K – $296K. FranchiseVerdict rates Smart Drinks D (Below average) and MidnighTreats C (Average).
| Metric | Smart Drinks | MidnighTreats |
|---|---|---|
| Verdict Grade | DBelow averageBelow average | CAverageAverage |
| Investment Range | $197K – $226K | $133K – $296K |
| Franchise Fee | $45K | $30K |
| Royalty Rate | $400 semi-monthly | 7.0% |
| Average Revenue (Item 19) | N/ACompany-owned only · n=1 | N/An=2 |
| SBA Charge-Off Rate | Limited data | N/A |
| Total Units | 7 | 4 |
| Unit Growth (YoY) | N/A | N/A |
| Year Began Franchising | 2014 | 2024 |
| FDD Year | 2025 | 2026 |
Investment Range
$197K – $226K
$133K – $296K
Franchise Fee
$45K
$30K
Royalty Rate
$400 semi-monthly
7.0%
Average Revenue (Item 19)
N/ACompany-owned only · n=1
N/An=2
SBA Charge-Off Rate
Limited data
N/A
Total Units
7
4
Unit Growth (YoY)
N/A
N/A
Year Began Franchising
2014
2024
FDD Year
2025
2026