FiiZ Drinks
Food & Beverage · Coffee & Beverage
- Active units
- 63
- Avg unit volume
- $674k
- Royalty
- 8.0%
Franchised, year-end 2023
of weekly Net Sales
About FiiZ Drinks
FiiZ Drinks is a brand that offers a delicious modern twist on the classic soda fountain shop. With a wide range of menu items and drink combinations, FiiZ aims to cater to everyone's unique preferences. From sodas and savory snacks to sweets and salty snacks, there is something for every craving. Notably, FiiZ is home to the famous Chonut, a delightful fusion of a churro and a donut, resulting in a crispy, fluffy, cinnamon deliciousness that will satisfy your taste buds. In addition to their delectable offerings, FiiZ also provides franchise opportunities, allowing you to join the largest and fastest-growing soda business in the nation. With prime territories still available, now is the perfect time to get involved. To make things even more convenient, FiiZ offers a mobile app where you can access their full menu, find nearby locations, and keep track of your loyalty points. Discover the FiiZ experience today and indulge in their flavorful creations.
Key terms
- Franchise fee
$40k
- Development Agreement units
No Initial Franchise Fee for units opened under a Development Agreement; Development Fee paid instead.
- Brand fund
1.0% of Net Sales
- Local advertising
1.0% of Net Sales
- Multi-Unit Development Agreement
$0
- Development Agreement (3-pack example)
$90k
- Veteran discount
Not offered
Brand Percentile Rankings
Rankings compare brands in the same operating year. Fee and investment figures come from the FDD (2024 filing).
Growth
- Total locations63
Franchised units open at year-end
- New openings21
Gross new units opened during the calendar year
- 1-year unit growth rate31.3%
Net unit growth versus prior year
- 3-year unit CAGR32.3%
Compound annual growth rate of unit count over the trailing 3 years
- Unit growth ratio3.5×
Cumulative opens / closures through year-end
Unit economics
- Annual unit volume (Median)$674k
Computed weighted average across 37 Reporting Franchised Shops: (9*1,017,967 + 10*713,636 + 9*601,319 + 9*359,343) / 37.
- Annual unit volume (25th percentile)$496k
Net Sales reflect revenue from Approved Products including menu items and gift cards; exclude separately stated sales taxes, bona fide refunds/chargebacks/cred…
- Annual unit volume (75th percentile)$887k
Net Sales reflect revenue from Approved Products including menu items and gift cards; exclude separately stated sales taxes, bona fide refunds/chargebacks/cred…
- 1-year Median AUV growth rate—
Year-over-year change in median AUV
- Store-level EBITDA Margin—
Median unit-level EBITDA / AUV
Investment profile
- Estimated initial investment$512k
Midpoint of estimated initial investment range
↓ Lower is better - Time to open—
Midpoint of average time from agreement to opening
- Royalty rate8.0%
Percent of net sales paid to the franchisor
↓ Lower is better - Sales-to-investment ratio1.3×
Median AUV / estimated initial investment midpoint
- Cash-on-cash returns—
Median unit-level EBITDA / estimated initial investment midpoint. Steady-state estimate; year 1 returns will be lower as the unit ramps to median volumes.
Franchisee healthLocked
- Unit closure ratio
- Transfer vs. closure ratio
- Percent multi-unit franchisees
- Litigation rate
- EBITDA multiple on sales & transfers
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Sources
Financial and operating figures are sourced from the brand's Franchise Disclosure Documents. Brand percentile rankings are based on comparisons to other brands that include the same metrics in their Franchise Disclosure Documents.