Fiiz Drinks is a specialty shop featuring a wide selection of sodas and other carbonated/non-carbonated beverages, along with baked goods, food items, and retail merchandise. The franchise operates with a distinctive brand and system.
Key Insights
- Fiiz Drinks was founded on core principles that quality service should be both accessible and reliable for all customers, establishing operational frameworks that ensure consistent delivery while maintaining flexibility to adapt to individual needs and preferences.
- Service delivery combines convenience and accessibility with nutritional transparency and ingredient education, helping customers make informed dining choices while providing quick, satisfying meals that meet diverse lifestyle needs and dietary preferences in welcoming environments.
- Urbanization patterns increase demand for convenient services that save time and effort for busy consumers, creating opportunities for businesses that can provide efficient, reliable service delivery while maintaining quality standards and customer satisfaction.
Franchise Fee and Costs to Open
Exploring the financial picture of Fiiz Drinks gives insight into both the upfront commitment and the potential revenue opportunity. According to FDD Item 7, opening this franchise typically involves an investment in the range of $249,500 - $774,500, along with a franchise fee of $40,000 - $40,000.
Financial Performance and Revenue
Yearly gross sales of $649,673 and estimated earnings of $77,961 - $97,451 show the potential financial performance of this franchise. These figures are crucial for prospective franchisees as they help to project revenue and profitability. They offer insight into the business's ability to generate income and can be used to compare its performance against other investment opportunities. The Franchise Payback Period of 6.3-8.3 provides an estimation of the time it might take for an owner to recover their initial investment. This metric is a key consideration for anyone evaluating the financial viability of a franchise, as it relates directly to the speed at which the business can become profitable. A shorter payback period can indicate a faster return on capital, which is a significant factor in making an informed decision about a franchise investment.
Training and Resources
Fiiz Drinks provides comprehensive initial training for new franchisees. This foundational program, lasting two weeks, is held at the Fiiz Drinks corporate location. The franchisor offers resources covering operational best practices and brand standards. Fiiz Drinks also provides a detailed operations manual.
Legal Considerations
Legal considerations for a Fiiz Drinks franchisee are defined by the Franchise Disclosure Document (FDD) and the Franchise Agreement. This franchise does not disclose lawsuits or bankruptcy information in its FDD, but prospective franchisees should still review all terms thoroughly. Consultation with a qualified attorney is essential before making commitments.
Challenges and Risks
Franchisees may encounter considerations regarding local market dynamics and existing beverage providers, the intricacies of managing daily operations from inventory to staffing, and the necessity of maintaining consistent product quality through reliable supply chain partners. Adapting to consumer preferences and effective marketing within a specific geographic area are also factors to consider for successful business operation.
Franchise Datasheet
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