FiiZ Drinks
Food & Beverage QSRCompany Information
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Franchimp Summary Rating
Lower than 44% of peers
Franchise Summary
Description
The franchised business being offered is FIIZ DRINKS® a specialty Shop that features a wide array of sodas and other carbonated/non-carbonated beverages, baked goods, and other food menu items.
Corporate Structure
The franchisor is FiiZ Drinks Franchise, LLC, a Utah limited liability company organized on August 30, 2017, with its principal place of business at 155 North 400 West, Suite 500, Salt Lake City, UT 84103.
Royalties and Marketing Fees
Royalties : 5% of Gross Revenues, or $125 per week, whichever is greater
Royalties : 0% of Gross Revenue, or $25 per week, whichever is greater. We reserve the right to increase the National Marketing Fee to not more than 3%
Royalties : 0% of Gross Revenue
Franchise Types Available
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FiiZ Drinks Franchise System Development in 2024
FAQ
How much investment do I need to start my own FiiZ Drinks business?
Franchisees typically require at least $249,500 to $774,500 investment to get their FiiZ Drinks business started
What are the initial franchise fees for FiiZ Drinks?
Franchisees typically need to pay at least $140,000 in fees directly to FiiZ Drinks in order to earn the right to launch their business
How much money can I make with a FiiZ Drinks franchise? What are
the average revenues for a typical FiiZ Drinks business?
We haven’t done the math on how much revenue a typical
FiiZ Drinks brings in each year. We estimate that other
franchisees in the Food & Beverage industry generate
$1,201,697 revenue, so we would expect
FiiZ Drinks to generate a similar amount
How long do I need to commit to running a FiiZ Drinks unit? What
is my contractual commitment?
FiiZ Drinks franchisees are typically required to sign up to a
10 year contract initially. The renewal length
is 5 years. You can of course exit early but
don’t expect to get any refund!
Accessibility
The Franchisor's investment costs ranges from
$249,500 to $774,500
which is
Much Lower
than the $0 to $0 average in the QSR industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc
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