Surf City Squeeze FDD – Franchise Information, Costs and Fees
Type of Business
As a franchisee, you will operate a restaurant called Surf City Squeeze, preparing and serving smoothies, fruit drinks, functional drinks, nutritional supplements, and other beverage and food items.
Kahala Franchising, L.L.C is an Arizona limited liability company which was formed on December 29, 2008. Their parent company is Kahala Brands, Inc., formerly known as Kahala Brands, Ltd. Kahala Brands was formerly known as Kahala Corp. but changed its name to Kahala Brands in December 2014. On July 26, 2016, Kahala Brands merged with a wholly-owned subsidiary of MTY Food Group, Inc. (“MTY”) having an address at 8150 Transcanada Highway, Suite 200, Saint Laurent, Québec H4S 1MF. Kahala Brands’ parent company became MTY Franchising USA, Inc. (“MTY USA”), originally known as The Extreme Pita Franchising USA, Inc., and having an address of 9311 E Via De Ventura, Scottsdale, AZ 85258. MTY USA’s parent corporation is MTY Franchising Inc. (“MTY Canada”), a Canadian corporation and a wholly owned subsidiary of MTY, formerly known as MTY Tiki Ming Enterprises Inc., and having an address at 8150 Route Transcanadienne, Suite 200, Ville Saint-Laurent, Quebec, H4S 1M5, Canada.
The total investment necessary to begin operation of a Surf City Squeeze franchise ranges from $82,410 to $344,000 for a traditional franchise unit located within a shopping mall, strip center, or similar venue; and from $67,410 to $286,500 for all other non-traditional franchise units. This includes $27,000 to $57,000 for a traditional location and $12,000 to $29,500 for a non-traditional location that must be paid to the franchisor or its affiliate.