Franchise opportunities compared
The Sports Bra vs Tim Ho Wan
Reviewed figures from each brand's Franchise Disclosure Document (FDD), side by side. Each figure carries its FDD year and page. This is not a ranking or recommendation, and the two FDDs may cover different years and location groups.
Before you compare
- The Sports Bra figures come from its 2026 FDD and Tim Ho Wan figures from its 2025 FDD, so the years differ.
- Only The Sports Bra has reviewed Item 19 figures here.
| Disclosure |  The Sports Bra |  Tim Ho Wan |
|---|---|---|
| Financial commitment | ||
| Estimated initial investment (Item 7) | $400,733 – $1,168,958 Total franchise agreement estimate 2026 FDD · Item 7 · PDF p. 24 | $3,195,009 – $3,825,209 Total estimated initial investment 2025 FDD · Item 7 · PDF p. 15 |
| Standard initial franchise fee (Item 5) | $55,000 2026 FDD · Item 5 · PDF p. 13 | $110,000 2025 FDD · Item 5 · PDF p. 12 |
| Royalty (Item 6) | 5% Royalty 2026 FDD · Item 6 · PDF p. 13 | 3% Monthly royalty — payable in SGD 2025 FDD · Item 6 · PDF p. 12 |
| Brand / advertising fund (Item 6) | 2% Brand development fund current — 2% 2026 FDD · Item 6 · PDF p. 13 | Not available No reviewed brand or advertising fund fee |
| System scale & health | ||
| Total outlets (Item 20) | 1 Outlets at end of 2025 2025 FDD · Item 20 · PDF p. 60 | 6 Outlets at end of 2024 2025 FDD · Item 20 · PDF p. 32 |
| Net outlet change (Item 20) | +0 Calculated: 1 at end of 2022 → 1 at end of 2025 | +0 Calculated: 6 at end of 2022 → 6 at end of 2024 |
| Outlet exits (Item 20) | Not available No complete exit records for a year | Not available No complete exit records for a year |
| Franchising since (Item 1) | 2024 From a verified franchisor listing | Not available Not in reviewed records |
| Franchisor founded (Item 1) | Not available Not in reviewed records | Not available Not in reviewed records |
| Performance (Item 19) | ||
| Financial performance (Item 19), by location group | Locations counted not stated in the reviewed record — One affiliate-owned outlet in Portland, Oregon (Affiliate Location) $42,797 other Non-Alcoholic Beverages · 2026 FDD · Item 19 · PDF p. 61 Locations counted not stated in the reviewed record — one affiliate-owned Portland location $401,096 other Gross revenue · 2026 FDD · Item 19 · PDF p. 61 | Not disclosed — no Item 19 financial performance representation |
Item 19 groups are shown separately and never combined. Revenue or sales figures are not profit. Net outlet change and turnover are Franopolis calculations from the disclosed counts; turnover is a count-based rate, not a measure of owner earnings.
The Sports Bra vs Tim Ho Wan: common questions
- Which costs less to open, The Sports Bra or Tim Ho Wan?
- The Sports Bra: $400,733 – $1,168,958 (2026 FDD · Item 7 · PDF p. 24); Tim Ho Wan: $3,195,009 – $3,825,209 (2025 FDD · Item 7 · PDF p. 15). These are each franchisor's Item 7 estimated initial investment. The low end of the disclosed estimate is lower for The Sports Bra. Estimates are not quotes, and the FDD years may differ.
- How do The Sports Bra and Tim Ho Wan royalties compare?
- The Sports Bra: 5% (2026 FDD · Item 6 · PDF p. 13); Tim Ho Wan: 3% (2025 FDD · Item 6 · PDF p. 12). Royalties as disclosed in Item 6; other recurring fees are listed separately.
- Which has more locations, The Sports Bra or Tim Ho Wan?
- The Sports Bra: 1 (2025 FDD · Item 20 · PDF p. 60); Tim Ho Wan: 6 (2025 FDD · Item 20 · PDF p. 32). Total outlets from Item 20. Outlet counts do not indicate territory availability or franchisee results.
- Do The Sports Bra and Tim Ho Wan disclose financial performance (Item 19)?
- The Sports Bra has reviewed Item 19 figures for 2 location groups; Tim Ho Wan makes no Item 19 financial performance representation. Different location groups are not directly comparable, and revenue is not profit.
Answers restate the reviewed figures above. Not a ranking or recommendation.