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FranchiseVerdict

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2 brands side-by-side

Compare up to 4 brands side by side

indicates the clear winner per row. Ties and missing data are not highlighted.

Brand
Bango Bowls logoBAbove Average
Bango Bowls
Full-Service Restaurants
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LYTEbite logoBAbove Average
LYTEbite
Full-Service Restaurants
Remove
Vitals
Investment range
$177K – $615K
$293K – $500K
Liquid capital
$20K – $50K
$120K – $160K
Franchise fee
$40K
$20K
Royalty rate
6.0%
5.0%
Ad fund rate
1.0%
1.0%
Performance
Avg gross sales
$789K
N/A
Median gross sales
$744K
N/A
Avg owner earnings
Metric varies by brand. Check type below
N/A
N/A
Earnings metric
Not classified
Not classified
Risk
Rating
BAbove Average
BAbove Average
Risk score
58 / 100
57 / 100
SBA charge-off rate
N/A
N/A
SBA loans on record
N/A
N/A
Scale
Total units
7
0
Net change (latest yr)
N/A
N/A
Turnover rate
14.3%
N/A
Contract
Initial term (years)
10
10
Renewal term (years)
5
10
Initial training (hrs)
40
40
Contacts
Franchisee phones
5
0

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