Swig
Franchise research report · reviewed 2026 disclosure data
Researching Swig franchise opportunities? Every figure below is cited to the FDD.
Swig franchise specializes in gourmet sodas and refreshing drinks, offering a unique beverage concept that has gained popularity for its creative flavor combina
Headline figures
Swig quick facts
- Is Swig a franchise?
- Yes. Swig offers franchises through a Franchise Disclosure Document. At the end of 2024, it reported 16 franchised and 73 company-owned outlets (2026 FDD, Item 20, PDF p. 58).
- How much does it cost to open a Swig franchise?
- The Swig Franchise Disclosure Document reports separate estimated initial investments by format: $608,400–$1,718,000 for total single unit investment low (2026 FDD, Item 7, PDF p. 17); $1,718,000 for total single unit investment high (2026 FDD, Item 7, PDF p. 17). These formats are not combined. Each is the franchisor's disclosed estimate, not a quote. Details
- What is the Swig initial franchise fee?
- The disclosed initial franchise fee for a standard single unit is $39,500 (2026 FDD, Item 5, PDF p. 10). Other fee options (for example multi-unit or conversion) are listed separately in the report. Details
- What ongoing fees does Swig charge?
- The disclosed ongoing royalty is 7% (2026 FDD, Item 6, PDF p. 11). The brand or advertising fund contribution is 3% (2026 FDD, Item 6, PDF p. 12). Other recurring fees are listed in Item 6. Details
- Does Swig disclose financial performance (Item 19)?
- Yes. The Swig FDD includes an Item 19 financial performance representation (2026 FDD, Item 19, PDF p. 56). Figures apply only to the locations and period each one covers. Details
- How many Swig locations are there?
- The FDD reports 89 outlets at the end of 2024 (2026 FDD, Item 20, PDF p. 58). Existing locations do not indicate territory availability. Details
- Is Swig a good franchise to buy?
- Franopolis does not rate or recommend franchises. From the reviewed FDD: Item 19 includes financial performance figures; check which locations and period they cover; 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
- 1The 2026 FDD (Item 7) estimates opening costs separately by format: $608,400 – $1,718,000 (Total single unit investment low); $1,718,000 (Total single unit investment high); several initial fee options apply.
- 2Item 19 covers 2 separate groups: revenue for 58 56 affiliate-owned, 2 franchised locations; revenue and costs and EBITDA for 56 Affiliate-owned locations. They are not combined.
From reviewed FDD figures only. Not a recommendation or projection.
Swig head-to-head
Closest peers in the same subcategory, side by side from reviewed FDD figures. Not a ranking or recommendation.
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 2 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; multi-unit packages are listed but not included in the headline range.
- Total single unit investment lowPDF p. 17$608,400 – $1,718,000
- Total single unit investment highPDF p. 17$1,718,000
- Total 5-unit development investment lowMulti-unitPDF p. 20$766,400 – $1,876,000
- Total 5-unit development investment highMulti-unitPDF p. 20$1,876,000
Standard single-unit franchise fee
2026 FDD · Item 5 · PDF p. 10
Discounted and multi-unit options are separate; see all fees.
Ongoing Fees — Item 6
Selected recurring charges; payment bases and conditions remain attached to each fee.
- RoyaltyMain ongoing fee
16 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?
Two separate populations, not a revenue-and-profit comparison. Revenue is not owner income.
58 locations
Revenue · 58 locations
- Who is counted
- Traditional affiliate-owned and franchised Swig stores operating the entire period
- Excluded
- 20 affiliate-owned stores and 7 franchised stores not operating for entire period; four affiliate-owned non-traditional stores excluded.
- Method
- Historical reported store-level data
56 locations
Revenue, costs and EBITDA · 56 locations
- Who is counted
- Traditional affiliate-owned Swig stores operating for entire period
- Excluded
- 20 affiliate-owned stores and 7 franchised stores not operating for entire period; four affiliate-owned non-traditional stores excluded.
- Method
- Historical reported store-level data
These groups are never combined.
Outlet Changes — Item 20
How has the outlet count changed?
United States, as labeled in the FDD · counts as of December 31 of stated year of each year.
2026 FDD · Item 20 · PDF p. 58
Net +44 outlets, 2022–2024
Year-end counts reported in Item 20. The scale starts at zero; the labels between the dots show each year's change. Openings and closures for 2024 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 ($608,400 – $1,718,000) vary most by market, and why?
Which initial fee option would apply to my situation, and what conditions or discounts affect it?
Which locations are included in the Item 19 figures, and which were excluded?
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?
How do your results compare with the Item 19 figures, and what explains the difference?
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]Standard initial franchise fee — Item 5 · PDF p. 10
- [2]Item 19 — Locations counted not stated in the reviewed record — Traditional affiliate-owned and franchised Swig stores operating the entire per… · PDF p. 56
- [3]Item 19 — Locations counted not stated in the reviewed record — Traditional affiliate-owned Swig stores operating for entire period · PDF p. 56
- [4]Outlet counts — Item 20, Table 1 · PDF p. 58
"PDF p." is the page in the PDF file; "printed p." is the number printed on the FDD page. Source document: FDD
Territory & operations
No territory or operating requirements have been reviewed yet.
These are contract disclosures, not confirmation that any territory is currently available.
Legal & agreement
Franchisor financial statements
No verified franchisor financial statement figures have been reviewed yet.
SBA-backed loans to franchisees
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Source: U.S. Small Business Administration 7(a) & 504 FOIA data. Loan volume is not a measure of franchisee success.
Related research
Brands in the same subcategory first, then the wider industry, ordered by shared business format, overlapping investment range, Item 20 outlet count and search interest. This is not a ranking or recommendation.
Head-to-head comparisons
At a glance
Business history
Not reviewed
Owner participation
Not reviewed
Territory language
Not reviewed
Litigation disclosure
Not reviewed
Bankruptcy disclosure
Not reviewed
Agreement term
Not reviewed
Independent analysis of franchisor-provided data. Not investment advice. Franopolis does not distribute FDDs.