Fiiz Drinks Franchise FDD, Profits & Costs (2025)
FiiZ Drinks is a specialty soda shop franchise that was founded in 2014 in Bountiful, Utah, by the Morgan and Anderson families, who shared a passion for creating unique specialty sodas. The company is headquartered in Salt Lake City, Utah. FiiZ began franchising in 2017 and has since expanded to over 65 locations across 10 states.
FiiZ offers a diverse menu of mixed sodas, flavored waters, energy drinks, hot beverages, salty snacks, and sweet treats. Customers can customize their drinks with flavored syrups, fresh fruits, purees, and creams, embodying the motto “Your FiiZ, Your Way.”
What sets FiiZ apart from competitors is its modern twist on the classic 1950s soda shop experience, creating a community hangout spot that appeals to a wide range of customers. The straightforward business model offers potential for exceptional return on investment, with record-setting revenue per square foot and low start-up costs.
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Initial Investment
How much does it cost to start a Fiiz Drinks franchise? It costs on average between $232,000 – $497,000 to start a Fiiz Drinks franchised shop.
This includes costs for construction, equipment, inventory, and initial operating expenses. The exact amount depends on various factors, including the type of FiiZ Drinks location, the specific market, and whether the franchisee chooses to lease or purchase the property.
| Type of Expenditure | Amount |
|---|---|
| Initial Franchise Fee | $40,000 – $40,000 |
| Training Program Costs | $2,500 – $10,000 |
| Security Deposit under Lease | $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 & Software | $3,000 – $7,000 |
| Signage – Exterior and Interior | $10,000 – $20,000 |
| Initial Inventory | $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 |
| Total Estimated Initial Investment | $232,000 – $497,000 |
Average Revenue (AUV)
How much revenue can you make with a Fiiz Drinks franchise? A Fiiz Drinks franchised outlet makes on average $782,000 in revenue (AUV) per year.
Here is the extract from the Franchise Disclosure Document:
This compares to $1,132,000 yearly revenue for similar other food & beverage franchises. Below are a few Fiiz Drinks competitors as a comparison:
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We have compiled the list of the top 400 franchises across 9 industries. Download the report below.
Fiiz Drinks Franchise Disclosure Document
Frequently Asked Questions
How many Fiiz Drinks locations are there?
As of the latest data, Fiiz Drinks operates over 70 locations across 10 states, making it the nation’s largest and fastest-growing specialty drink franchise. The company has announced plans to expand to 400 locations by 2027.
What is the total investment required to open a Fiiz Drinks franchise?
The total investment required to open a Fiiz Drinks franchise ranges from $232,000 to $497,000.
What are the ongoing fees for a Fiiz Drinks franchise?
FiiZ Drinks franchisees are required to pay a royalty fee is 8% of net sales, which contributes to continuous support and development of the franchise system.
Additionally, franchisees are required to pay a 1% advertising fund fee, also based on net sales, to fund national and regional marketing initiatives aimed at promoting the brand and driving customer traffic to their locations
What are the financial requirements to become a Fiiz Drinks franchisee?
To qualify as a FiiZ Drinks franchisee, individuals are typically required to have a minimum liquid capital of $75,000. This liquid capital ensures that franchisees have sufficient funds readily available to cover initial expenses and support the business during its early stages.
How much can a Fiiz Drinks franchise owner expect to earn?
The average gross sales for a Fiiz Drinks franchise are approximately $0.78 million per location. Assuming a 15% operating profit margin, $0.78 million yearly revenue can result in $117,000 EBITDA annually.
Who owns Fiiz Drinks?
FiiZ Drinks is a privately held company co-founded by the Morgan and Anderson families in 2014. As of September 2024, Scott Ball serves as the President of FiiZ Drinks, overseeing company operations and strategic initiatives.
Disclaimer
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