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    MN Filing 35628-202603-10

    Franchise research report · reviewed 2026 disclosure data

    Researching MN Filing 35628-202603-10 franchise opportunities? Every figure below is cited to the FDD.

    Reviewed sources

    Surf City Squeeze franchises outlets serving smoothies, fruit drinks, functional drinks, nutritional supplements, and related food and beverages. Traditional retail locations generally offer the full menu, while nontraditional venues such as airports, campuses, and kiosks offer a limited menu.

    Headline figures

    MN Filing 35628-202603-10 quick facts

    Is MN Filing 35628-202603-10 a franchise?
    Yes. MN Filing 35628-202603-10 offers franchises through a Franchise Disclosure Document. At the end of 2025, it reported 59 franchised and 2 company-owned outlets (2026 FDD, Item 20, PDF p. 76).
    How much does it cost to open an MN Filing 35628-202603-10 franchise?
    The MN Filing 35628-202603-10 Franchise Disclosure Document reports separate estimated initial investments by format: $89,410–$396,500 for traditional total investment — low (2026 FDD, Item 7, PDF p. 39); $396,500 for traditional total investment — high (2026 FDD, Item 7, PDF p. 39); $340,000 for non-traditional total investment — high (2026 FDD, Item 7, PDF p. 40); $69,410–$340,000 for non-traditional total investment — low (2026 FDD, Item 7, PDF p. 40). These formats are not combined. Each is the franchisor's disclosed estimate, not a quote. Details
    What ongoing fees does MN Filing 35628-202603-10 charge?
    The disclosed ongoing royalty is 6% (2026 FDD, Item 6, PDF p. 32). The brand or advertising fund contribution is 1% (2026 FDD, Item 6, PDF p. 32). Other recurring fees are listed in Item 6. Details
    How many MN Filing 35628-202603-10 locations are there?
    The FDD reports 61 outlets at the end of 2025 (2026 FDD, Item 20, PDF p. 76). Existing locations do not indicate territory availability. Details
    Is MN Filing 35628-202603-10 a good franchise to buy?
    Franopolis does not rate or recommend franchises. From the reviewed FDD: no reviewed Item 19 figures are on file here, so check the FDD's Item 19 directly; Item 20 lists outlet openings, closures and transfers; Item 6 includes a brand or advertising fund contribution on top of royalty; Item 20 also lists current and former franchisees you can contact. Review the full FDD with a franchise attorney and accountant before deciding.

    From reviewed FDD figures only. Not a recommendation or projection.

    What the disclosures show

    1. 1The 2026 FDD (Item 7) estimates opening costs separately by format: $89,410 – $396,500 (Traditional total investment — low); $396,500 (Traditional total investment — high); $340,000 (Non-traditional total investment — high); $69,410 – $340,000 (Non-traditional total investment — low); several initial fee options apply.
    2. 2Item 19 has not been reviewed yet.
    3. 3Outlets declined by 2 in 2025, to 61 (Systemwide national total, as labeled in the FDD, Item 20).

    From reviewed FDD figures only. Not a recommendation or projection.

    Costs · Items 5–7

    What does it cost to open?

    Estimated opening costs and the fees payable to the franchisor.

    Startup Investment — Item 7

    Range across 4 single-unit formats

    2026 FDD · Item 7

    Formats disclosed in Item 7 (4)

    Each format has its own total. The total depends on the format you choose.

    • Non-traditional total investment — lowPDF p. 40$69,410 – $340,000
    • Traditional total investment — lowPDF p. 39$89,410 – $396,500
    • Non-traditional total investment — highPDF p. 40$340,000
    • Traditional total investment — highPDF p. 39$396,500

    Ongoing Fees — Item 6

    Selected recurring charges; payment bases and conditions remain attached to each fee.

    Royalty — percentageMain ongoing fee

    42 reported fees, each with its payment basis, are listed below; they haven't been sorted into recurring, initial and occasional groups yet.

    Financial Performance — Item 19

    What results are disclosed—and for which locations?

    No financial performance representation in Item 19

    The reviewed 2026 FDD for MN Filing 35628-202603-10 has no Item 19 figures on record. Franopolis does not estimate revenue or earnings in their place; ask the franchisor and current owners what unit-level information they can share.

    Outlet Changes — Item 20

    How has the outlet count changed?

    Systemwide national total, as labeled in the FDD · counts as of → 59 of each year.

    2026 FDD · Item 20 · PDF p. 76

    Net −4 outlets, 2023–2025

    0652023632024612025−2−2

    Year-end counts reported in Item 20. The scale starts at zero, so the line looks nearly flat; the labels between the dots show each year's change. Openings and closures for 2025 haven't been pulled from the Item 20 tables yet, so no turnover or churn is shown.

    Questions to investigate

    Prompts based on what this brand's reviewed disclosures do and don't show — not conclusions. Join free as a member to save questions to your research.

    For the franchisor

    • Which line items in the 2026 Item 7 estimate ($69,410 – $396,500) vary most by market, and why?

    • Which initial fee option would apply to my situation, and what conditions or discounts affect it?

    • Does the current FDD include an Item 19 financial performance representation?

    • Reported units decreased from 63 to 61 in 2025. What drove the change?

    • Is a territory available in my area, and how is it defined in my agreement?

    For current and former owners

    • How did your actual startup costs and timeline compare with the Item 7 estimate?

    • How many hours a week do you work in the business, and in what role?

    • What support from the franchisor has been most and least useful?

    For your advisors

    • Ask a franchise attorney to review the territory, renewal, transfer and termination terms.

    • Ask an accountant to build a cash-flow plan using your own assumptions, not the franchisor's.

    Sources & vintage history

    Every displayed fact is retained with its disclosure vintage, item, page, and reviewed status. Prior vintages remain on file rather than being overwritten.

    Citations (2026 FDD)

    1. [1]Outlet counts — Item 20, Table 1 · PDF p. 76

    "PDF p." is the page in the PDF file; "printed p." is the number printed on the FDD page.

    Territory & operations

    These are contract disclosures, not confirmation that any territory is currently available.

    Franchisor financial statements

    Fiscal yearMeasureReported value
    2025total assets$1,447,070
    2025total stockholders’ equity$271,057
    2025net income$30,677
    2025total liabilities$1,176,013
    2025net cash provided from operating activities$45,017
    2025cash and restricted cash$21,944
    2024total stockholders’ equity$240,380
    2024total liabilities$1,208,049
    2024total assets$1,448,429
    2024net loss-$12,556
    2024net cash provided from operating activities$51,815

    These figures describe the franchisor company, not individual franchise locations.

    SBA-backed loans to franchisees

    Loading…

    Source: U.S. Small Business Administration 7(a) & 504 FOIA data. Loan volume is not a measure of franchisee success.

    At a glance

    Business history

    Not reviewed

    Owner participation

    Not reviewed

    Territory language

    Litigation disclosure

    Not reviewed

    Bankruptcy disclosure

    Not reviewed

    Agreement term

    Not reviewed

    Reader notes on wording

    Our automated check found that these summaries may not match the FDD's exact wording. Read the FDD excerpt itself; it is the authoritative text. Core cost, fee, Item 19 and outlet figures are not affected.

    • Item 21 · PDF p. 506 · 2026 FDD

      Our summary: Cash and restricted cash — 2025

      “Cash 21,840 12,834 Restricted cash 2 104 250; Cash and restricted cash”

      Note: The page lists cash 21,840 and restricted cash 104 separately, but does not state their combined total; the extracted 21,944 would require combining figures, so left unclear.

    Independent analysis of franchisor-provided data. Not investment advice. Franopolis does not distribute FDDs.