Surf City Squeeze
Food & Beverage · Coffee & Beverage
- Active units
- 62
- Royalty
- 6.0%
Franchised, year-end 2024
of weekly Net Sales
About Surf City Squeeze
Surf City Squeeze is a vibrant and refreshing brand that specializes in delicious and healthy beverages. With a focus on providing an ultimate beach experience, they offer a wide range of smoothies, shakes, and fresh fruit juices that are sure to satisfy your taste buds and quench your thirst. Whether you're looking for a post-workout boost or a refreshing treat on a hot summer day, Surf City Squeeze has got you covered. Their menu features an array of flavors, including tropical fruit blends and indulgent dessert-inspired concoctions. Each drink is made with high-quality ingredients and can be customized to suit your preferences. At Surf City Squeeze, they believe that good nutrition and great taste can go hand in hand. So, whether you're a health-conscious individual or simply looking to treat yourself, visit Surf City Squeeze and ride the wave of flavor today.
Key terms
- Franchise fee
$30k
- Second and subsequent traditional location discount
Initial Franchise Fee reduced to 17,500 for second and each subsequent traditional restaurant
- Second and subsequent non-traditional discount
Initial Franchise Fee reduced to 5,000 for second and each subsequent non-traditional restaurant
- Promotional reductions
Franchisor may periodically reduce the Initial Franchise Fee for limited time promotions or programs
- Brand fund
1.0% of Net Sales
- Footprint
100 – 150 sq ft
- Veteran discount
20.0% off franchise fee — 20% discount on the Initial Franchise Fee for Eligible Military and 501(c)(3)
Brand Percentile Rankings
Growth
- Total locations62
Franchised units open at year-end
- New openings—
Gross new units opened during the calendar year
- 1-year unit growth rate-3.1%
Net unit growth versus prior year
- 3-year unit CAGR-5.2%
Compound annual growth rate of unit count over the trailing 3 years
- Unit growth ratio—
Cumulative opens / closures through year-end
Unit economics
- Annual unit volume (Median)—
Per FDD Item 19 disclosure
- Annual unit volume (25th percentile)—
Per FDD Item 19 disclosure
- Annual unit volume (75th percentile)—
Per FDD Item 19 disclosure
- 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$240k
Midpoint of estimated initial investment range
↓ Lower is better - Time to open6 months
Midpoint of average time from agreement to opening
↓ Lower is better - Royalty rate6.0%
Percent of net sales paid to the franchisor
↓ Lower is better - Sales-to-investment ratio—
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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Location footprint
Showing 59 of 65 mapped locations
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.