About FiiZ Drinks Franchise
FiiZ Drinks is a specialty drink franchise that serves custom sodas, energy drinks, and other blended beverages through a fun, colorful drive through and storefront format.
Backed by FiiZ Drinks Holdings, LLC, the brand has been franchising since 2017, capitalizing on the exploding demand for customizable, social media friendly beverages.
The franchise fee is $40,000.
FiiZ Drinks Franchise Cost & Fees
Minimum Investment
$232K
Average Investment
$365K
Maximum Investment
$497K
| Fee Type | Amount | Notes |
|---|---|---|
| Initial Franchise Fee | $40,000 | One-time payment upon signing |
| Royalty Fee | 8% of Net Sales of gross sales | Ongoing; paid monthly |
| Marketing/Ad Fund | 1% of the Net Sales | National brand fund |
| Total Investment Range | $232,000 – $497,000 | Includes build-out, inventory, working capital |
The investment range of $232K–$497K reflects variability in build-out costs, store size, lease terms, and market. The combined royalty (8% of Net Sales) and marketing fee (1% of the Net Sales) are ongoing costs paid as a percentage of gross sales.
Investment Breakdown (Item 7)
| Item | Low | High |
|---|---|---|
| Initial Franchise Fee | $40,000 | $40,000 |
| Costs and Expenses Associated with Initial Training Program Taking Place at our Corporate Training Location | $2,500 | $10,000 |
| Security Deposit under Lease for Premises | $5,000 | $15,000 |
| Leasehold Improvements | $100,000 | $250,000 |
| Utilities – Deposit | $500 | $1,500 |
| Operational Equipment Package | $30,000 | $70,000 |
| Computer System – Hardware and Initial Required Software Costs (Pre-Opening) | $3,000 | $7,000 |
| Signage – Exterior and Interior | $10,000 | $20,000 |
| Initial Inventory (Package) | $9,000 | $18,000 |
| Initial Marketing Spend | $10,000 | $10,000 |
| Business Licenses and/or Permits | $500 | $1,500 |
| Professional Fees | $1,000 | $2,500 |
| Insurance Premiums | $500 | $1,500 |
| Additional Funds - 3 Months | $20,000 | $50,000 |
Additional Fees (Item 6)
| Fee Type | Amount |
|---|---|
| Transfer Fee | $10,000 per Franchised Business or undeveloped franchise right being assigned |
| Renewal Fee | $3,000 |
| Technology Fee | Up to $300/month |
| Audit Fee | Cost of audit |
| Required Software Fee(s); Corresponding Merchant Processing Services | $399/month for POS software; Around $40/month for cloud-based accounting software; 0.21% of transaction amount + $0.05 for merchant processing |
| Additional Training (for existing or replacement personnel) | $2,500 per trainee for Initial Training Program; $250/day for other training, plus travel, food and lodging expenses of trainer personnel if on-site |
| Late Charges | $50 per day for each late payment; $50 per day for each late report; interest greater of 18% per annum or highest commercial rate |
| Unauthorized Event or Operations Fee | $500 per day |
| Testing or Supplier Approval Fee | Reimbursement or actual costs and expenses incurred (greater of costs/expenses or $1,000 per proposal) |
| Fees on Default and Indemnity | Attorney’s fees, costs, interests and audit costs |
| Interest | 18% or highest amount permitted under applicable commercial law |
| Management Fee(s) | $500 per day, per representative, or then-current rate, plus food, travel and lodging for representatives and other expenses |
| System non-compliance fines and charges | Between $50 and $500 per infraction |
| Consumer Complaint Resolution Fee | $50 per incident, plus franchisor's costs |
| Post-Termination: Compliance-Related Costs and Expenses | Varies |
Training Program (Item 11)
| Detail | Information |
|---|---|
| Total Duration | 5 to 6 days for Corporate Training, plus 1 to 3 days for Initial On-Site Training |
| Classroom Training | 16 hours |
| On-the-Job Training | 52 to 76 hours |
| Training Location | Our corporate training location (currently in Utah) and/or via remote training; Your Franchised Business |
| Additional Training | Franchisor may develop additional and refresher training courses, and require Franchisee and its management to attend, not more than five (5) days each year. Franchisee pays an additional training fee and expenses. |
Territory Rights (Item 12)
| Detail | Information |
|---|---|
| Territory Type | Non-exclusive, Protected |
| Exclusive Territory | No |
| Territory Size | Typically a radius of one (1) to three (3) miles around the Shop premises, or anywhere from 2 blocks to 1 mile in urban/densely-populated business districts |
| Description | Geographical area around the approved Premises, described in terms of zip codes, streets, landmarks, or county lines, or delineated on a map. Protected from other physical locations by franchisor or other franchisees, but not from non-traditional sites or other channels. |
Renewal, Termination & Transfer (Item 17)
| Detail | Information |
|---|---|
| Initial Term | 5 years |
| Renewal Term | Up to 2 additional, consecutive terms of 5 years each |
| Renewal Fee | $3,000 |
| Renewal Conditions | Must not have uncured material defaults (monetary or otherwise), not received more than 3 separate written default notices in 12 months, execute current franchise agreement, pay renewal fee, provide general release, attend refresher training, and reimage/remodel/refurbish business to current standards. |
| Transfer Fee | $10,000 |
| Transfer Conditions | All monetary obligations satisfied, no existing defaults cured, general release executed, purchase agreement provided, transferee meets franchisor's standards (educational, managerial, business, moral character, credit rating, financial resources), transferee not in same business (unless existing franchisee), transferee executes current franchise agreement, transferee completes Initial Training Program, franchisee complies with post-termination provisions, transferee obtains permits/licenses, lessors consent (if required), transfer complies with laws, purchase price not burdensome. |
| Termination for Cause | Franchisor can terminate for various defaults, including: insolvency/bankruptcy, fraud/misrepresentation, failure to complete training, repeated defaults (3+ in 12 months), violation of non-compete/restrictive covenants, misuse of proprietary marks/confidential information/software, default on other agreements with franchisor/affiliates/suppliers, lease default, failure to open business on time, failure to offer approved products/services, purchasing non-approved items, abandonment, failure to provide POS access, failure to pay amounts due, non-compliance with law/regulation, felony conviction, personal use of business assets, insufficient EFT funds (3+ times in 12 months), repeated health/zoning/sanitation violations, or health/safety hazard. |
| Non-Compete Period | During term: indefinite; After term: 2 years |
| Non-Compete Details | During term: cannot own, operate, be employed by, or have interest in a competing business (fast-food, quick-casual, specialty drinks, baked goods, etc.) or offer/grant licenses for one; cannot solicit employees of franchisor/affiliates/other franchisees; cannot divert customers. After term: cannot be involved with a competing business (offering/granting licenses or establishing joint ventures) in geographical area where franchisor has offered/sold franchises; cannot own, maintain, engage in, be employed by, or have interest in a competing business within former territory or 10-mile radius of any System Restaurant; cannot solicit franchisor's suppliers/vendors for competitive business; cannot solicit franchisor's/affiliates' employees or other System franchisees. |
Operations & Supply (Items 8 & 15)
| Detail | Information |
|---|---|
| Owner-Operator Required | No |
| Participation Details | We encourage but do not require you to personally supervise the Shop, and strongly recommend devoting a substantial amount of time. If not owner-operated, a Designated Manager (who has completed training) is required. Each Shop must be managed and staffed with at least one individual who has successfully completed our Initial Training Program. |
| Required Suppliers | Franchisor or Approved Supplier for: certain technology and administrative services, Initial Inventory Package, Operational Equipment Package, furniture, fixtures, equipment, site selection and real estate services (recommended), credit card and merchant processing services, POS hardware and software, signage and décor, inventory items and paper goods, sodas, flavorings and other beverage inventory, food products, branded items and merchandise, marketing materials and services, project management and related services, merchant processing services. |
| Supply Restrictions | Franchisees must purchase items from franchisor-approved suppliers or the franchisor itself. They must strictly follow franchisor standards and specifications. Unapproved products/services require prior written approval and may incur testing fees. |
| Franchisor Revenue from Suppliers | $249,568 or 14.4% of total revenue of $1,738,969 for fiscal year ending December 31, 2022 |
FiiZ Drinks Franchise Earnings — Item 19
Average Revenue
$817K
Median Revenue
$796K
Revenue Range
$256K – $1.7M
Sample Size
34 units
Past financial performance does not guarantee future results. Individual results will vary.
FiiZ Drinks Litigation & Risk Flags
Clean Litigation RecordFiiZ Drinks has no pending litigation actions listed in their FDD. There is also no bankruptcy history disclosed.
Litigation and bankruptcy data is sourced from Items 3 and 4 of the FDD. Always verify current status directly from the most recent FDD.
FiiZ Drinks System Growth
Total Units
49
Franchised
46
Company-Owned
3
FiiZ Drinks currently operates 46 franchised locations and 3 company-owned units. Unit count data is sourced from Item 20 of the FDD.
Unit History (Item 20)
| Year | Opened | Closed | Total |
|---|---|---|---|
| 2020 | 4 | 3 | 31 |
| 2021 | 8 | 0 | 39 |
| 2022 | 11 | 1 | 49 |
Transfers: 9 | Closures: 4
State Registrations
Registered in 14 states: CA, HI, IL, IN, MD, MI, MN, NY, ND, RI, SD, VA, WA, WI
Franchisor Financials (Item 21)
Revenue
$1.7M
Net Income
$855K
Total Assets
$1.0M
Audited by Anderson Bradshaw PLLC for year ending December 31.
FiiZ Drinks Franchise — FAQ
The total investment to open a FiiZ Drinks franchise ranges from $232,000 to $497,000, per their Franchise Disclosure Document. This includes the initial franchise fee of $40,000. The investment covers build-out, inventory, equipment, signage, working capital, and other startup costs.
FiiZ Drinks charges a royalty fee of 8% of Net Sales of gross sales, plus a 1% of the Net Sales contribution to the marketing/advertising fund. These fees are paid on an ongoing basis.
You can download the FiiZ Drinks Franchise Disclosure Document free on this page. The FDD is a public document filed with state franchise registries. Always also request the current FDD directly from FiiZ Drinks to ensure you have the most up-to-date version.
According to the Item 19 financial performance representation in their FDD, FiiZ Drinks franchise owners report average revenue of $817K and median revenue of $796K. This is based on a sample of 34 units. Past performance does not guarantee future results.
FiiZ Drinks has been franchising since 2017. The FDD shows an investment range of $232,000-$497,000, a 8% of Net Sales royalty, and includes an Item 19 earnings disclosure. There is no pending litigation. Review the full FDD and contact current franchisees listed in Item 20 before making any investment decision.
The franchise fee is $40,000 and the total investment ranges from $232,000 to $497,000 depending on location size and market. Contact the franchisor directly for current net worth and liquid capital requirements, territory availability, and application details.
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Data Source & Disclaimer: This website is for informational purposes only. It is not an offer to sell or buy a franchise. This profile is based on publicly available FDD data sourced from state franchise registry filings. All information is for research purposes only and does not constitute legal, financial, or investment advice. Data may be outdated or contain errors. Always obtain the current FDD directly from FiiZ Drinks and consult a qualified franchise attorney before making any investment decision. FranchiseOverview.com is operated by Franchising Compliance, LLC and is not affiliated with FiiZ Drinks or any of its subsidiaries. To report an inaccuracy: info@franchiseoverview.com