Fuelify logo

Fuelify Franchise

Audited Financials
Food and BeverageEst. 2024Watertown, WI
www.drinkfuelify.com

Risk Score

Pending analysis

Investment Range

$82,500 - $127,000

Franchise Fee

$30,000

Min Cash Required

$15,000

Total US Locations

1

Business Summary

Fuelify operates a business that offers customers a variety of energy drinks, milk teas, spritzers, freeze dried candy, smoothies, and other beverages and snacks.

Corporate History

Fuelify Franchising LLC was formed in Wisconsin on October 2, 2024, and began offering franchises in 2025. Before that, an affiliate company, Fuelify LLC, also a Wisconsin Limited Liability Company, was formed on January 11, 2022, and has operated an outlet similar to the franchised business since 2022.

Financial Overview

Investment Range

$82,500 - $127,000

Franchise Fee (Low)

$30,000

Franchise Fee (High)

$30,000

Minimum Cash Required

$15,000

Royalty %

6%

Marketing %

2%

Equipment Costs (Low)

$9,500

Equipment Costs (High)

$19,500

Working Capital

$20,000

Audited Financials

Yes

Offers Financing

No

Audit Opinion

Unqualified opinion

Financial Health Notes

Fuelify Franchising LLC is a newly formed company, established in October 2024, and began offering franchises in 2025. As of February 6, 2025, Fuelify had $59,035 in cash and no liabilities. No franchise sales were recorded as of this date. The auditors issued an unqualified opinion, indicating the financial statements fairly present the company's financial position without raising any concerns about its ability to continue as a going concern.

Financing Details

Fuelify does not offer any direct or indirect financing to its franchisees. Additionally, Fuelify does not guarantee any franchisee's notes, leases, or other obligations.

Performance Metrics

Total US Locations

1

Franchised Units

0

Corporate Units

1

Franchising Since

2025

Agreement Terms

Initial Term

10 years

Renewal Term

10 years

Renewal Conditions

To renew their franchise agreement for additional ten-year terms, Fuelify franchisees must have fully complied with all material provisions of their current agreement. They are required to make any necessary capital expenditures to ensure uniformity with Fuelify's updated System standards and specifications. Franchisees must also have satisfied all monetary obligations to Fuelify or its affiliates and not be in default of any existing agreements. Notice of intent to renew must be provided in writing between 9 and 12 months before the current term expires. Upon renewal, franchisees will need to sign Fuelify's then-current franchise agreement (which may include materially different terms, although the initial franchise fee will be waived), meet current franchisee qualifications, agree to comply with any new training requirements, sign a general release of claims (where permitted by state law), and pay a $5,000 renewal fee.

Training & Support Program

Franchisor Assistance

Before a Fuelify franchise opens, Fuelify provides an initial training program and guidance to assist with establishing the business. Franchisees receive a copy of or access to the Operations Manual, and assistance with establishing product and service prices, obtaining equipment, signs, fixtures, initial inventory, and supplies. Limited assistance is also provided to help conform the premises to local codes and obtain permits, and with advice on the type and number of employees to hire (though the franchisee is solely responsible for all employment matters). After opening, Fuelify offers general advice and guidance by telephone and electronic correspondence for planning and operating the business. Fuelify also makes ongoing training available as needed and provides modifications to the Operations Manual as they are updated. Fuelify requires franchisees to spend a minimum of $1,500 or 1.5% of Gross Revenues per month on local advertising and between $2,000 to $3,000 on grand opening advertising, following its guidelines. Fuelify also maintains a National Advertising and Development Fund, to which franchisees contribute 2% of their Gross Revenues monthly, used for various advertising efforts. Fuelify designates required computer hardware and software, including a POS system, and has independent access to franchisee's computer systems and video surveillance. Fuelify also provides site selection criteria and approves proposed locations within 10 days.

Initial Training Hours

40

Training Location

Affiliate outlet in Watertown, WI or another designated franchise training center

Ongoing Support

After opening, Fuelify franchisees receive ongoing advice and general guidance via phone and electronic correspondence regarding business planning and operations. Fuelify also makes ongoing training programs, seminars, conferences, conventions, or webinars available as needed, up to two sessions per year, at the franchisee's expense for attendance and trainer's expenses if on-site. Fuelify or its representatives may conduct announced or unannounced periodic visits to the franchised business for consultation, assistance, guidance, and to monitor business practices, with written reports generated. Fuelify provides ongoing modifications to the Operations Manual. While franchisees are responsible for maintaining their computer systems, Fuelify retains full access to customer, transaction, and operational data, as well as video surveillance streams.

Franchise Requirements

Ideal Candidate Profile

Fuelify seeks individuals with sufficient financial resources, industry experience, general business experience, and well-developed marketing and sales plans, especially for those interested in becoming area developers. For all franchisees, Fuelify requires the franchisee or an approved on-site Designated Manager to dedicate at least 40 hours per week to the day-to-day operations of the franchised business, indicating a preference for hands-on or actively supervised involvement.

Industry Experience Required

No

Management Experience Required

No

Sales Experience Required

No

Technical Skills Required

No

Operational Details

Location Type

retail

Owner Participation

full-time

Territory Type

exclusive

Territory Size Requirements

Fuelify typically defines its franchise territories as a 3.5-mile radius around the franchised outlet.

Staffing Notes

Fuelify provides assistance to franchisees in determining the appropriate type and number of employees to hire, though franchisees retain sole responsibility for all aspects of employee management, including hiring, firing, compensation, and daily supervision. Fuelify requires that the franchised business be under the direct supervision of either the franchisee or an approved Designated Manager. This manager must devote at least 40 hours per week to the day-to-day operations, complete Fuelify's initial training program satisfactorily, and be approved by Fuelify. If a Designated Manager needs replacement, the new manager must also be approved within 60 days. If the franchisee is an entity, its Designated Manager does not need to hold an equity interest in the entity.