Oakberry Acai Franchise
Audited FinancialsRisk Score
Pending analysis
Investment Range
$65,000 - $300,000
Franchise Fee
$30,000
Total US Locations
39
Business Summary
Oakberry USA LLC operates retail stores, known as Oakberry Stores, that specialize in selling acai sorbets, smoothies, and other food and beverage products to the general public. The company utilizes a unique business format and system for the establishment, management, and operation of these stores, which includes distinctive interior and exterior designs, standardized operational procedures, quality control, training, and advertising programs.
Corporate History
Oakberry Acai Inc., the parent company of Oakberry USA LLC, was organized in Florida in April 2016. Oakberry USA LLC itself was organized in Delaware in February 2022. Oakberry USA LLC began offering franchises in July 2022. Oakberry stores sell acai sorbets, smoothies, and other approved food and beverage products to the general public, utilizing a proprietary business system.
Financial Overview
Investment Range
$65,000 - $300,000
Franchise Fee (Low)
$30,000
Franchise Fee (High)
$30,000
Royalty %
6%
Equipment Costs (Low)
$15,000
Equipment Costs (High)
$182,000
Working Capital
$20,000
Audited Financials
Yes
Offers Financing
No
Financial Health Notes
Oakberry USA LLC's financial condition, as reflected in its financial statements, calls into question the franchisor's financial ability to provide services and support to its franchisees.
Financing Details
Oakberry USA LLC does not offer any financing, either directly or indirectly. The franchisor also does not guarantee any franchisee's notes, leases, or other obligations.
Performance Metrics
Total US Locations
39
Franchised Units
24
Corporate Units
15
Avg Square Footage
300
Franchising Since
2022
Legal & Compliance Analysis
Recent Litigation
Yes
Bankruptcy
No
Litigation Count
2
Litigation Summary
Oakberry USA LLC and its parent company, Oakberry Acai Inc., have been involved in two related legal disputes. In September 2023, Oakberry Acai Inc. and its CEO, Georgios Pucetti Frangulis, initiated an arbitration against Oakberry SD UTC, LLC, alleging a breach of a Trademark Licensing Agreement. Oakberry SD UTC, LLC filed a counterclaim, but the arbitration was terminated in January 2025 because Oakberry SD UTC, LLC failed to pay the required arbitration costs. Separately, in September 2023, Oakberry SD UTC, LLC filed a lawsuit against Oakberry USA LLC, its parent company, and several individuals, making claims of rescission, breach of contract, intentional misrepresentation, and unjust enrichment, also related to the Trademark Licensing Agreement. The court has since stayed this lawsuit and ordered the parties to arbitrate their disagreements.
Bankruptcy History
Oakberry USA LLC has no bankruptcy history to report in Item 4 of its Franchise Disclosure Document.
Agreement Terms
Initial Term
5 years
Renewal Term
5 years
Renewal Conditions
To renew with Oakberry USA LLC, franchisees must provide proper notice between six and twelve months before the current term ends, be in good standing with no uncured defaults, ensure they have the right to occupy their current location, modernize their Oakberry Store to meet current brand standards, including new products and services, sign Oakberry USA LLC's then-current franchise agreement (which may have different terms and fees), comply with current qualification and training requirements, and pay a renewal fee equal to the initial franchise fee at the time of renewal. Franchisees must also execute a general release of claims against Oakberry USA LLC and its affiliates.
Training & Support Program
Franchisor Assistance
Oakberry USA LLC provides initial training, which is mandatory for the franchisee's Operating Principal and initial manager, at no cost, though franchisees cover their own travel, lodging, meals, and wages. The franchisor may also provide on-site assistance and supervision during the grand opening, with franchisees reimbursing travel, lodging, and food expenses. Before opening, Oakberry USA LLC assists with location approval, requiring demographic and site plan information, financial projections, and approving the lease. The franchisor provides design and specification guidelines for construction and renovation, conducts inspections, and gives final approval before opening. Ongoing support includes notifications of product and service changes, additional training for new managers, optional meetings and seminars, regular store inspections, advice on operations and new developments, suggested retail prices and menus, and local advertising and promotional materials.
Initial Training Hours
30
Training Location
Oakberry Headquarters Miami, Florida
Ongoing Support
After opening, Oakberry USA LLC provides ongoing support to franchisees by notifying them of any changes to products, services, or pricing. It also offers additional training programs for successor and replacement managers and conducts optional meetings and seminars for franchisees. Oakberry USA LLC inspects and evaluates stores to maintain high standards, provides advice and written materials on managing operations, including new equipment, products, and systems, and offers suggested retail prices and menus. Additionally, Oakberry USA LLC may provide local advertising and promotional plans and materials and offers general continuing advisory assistance in the operation of the Oakberry Store.
Franchise Requirements
Industry Experience Required
No
Management Experience Required
No
Sales Experience Required
No
Technical Skills Required
No
Operational Details
Location Type
retail
Owner Participation
supervisory
Territory Type
non-exclusive
Territory Size Requirements
Oakberry USA LLC expects the designated territory to typically be a one-mile radius around the Oakberry Store. However, the exact size is determined based on various factors such as the type of franchised Oakberry Store, population base, growth trends, demographics, density of residential and business entities, traffic generators, driving times, major topographical features, consumer trading patterns, and distance between other Oakberry stores. There is no minimum territory granted to a franchisee.
Staffing Notes
Oakberry USA LLC requires that the Oakberry Store be managed by either the franchisee, their Operating Principal, or a fully-trained manager who devotes their full time and best efforts to the business. The franchisee or Operating Principal is not required to be full-time in the store unless they are acting as the manager, but it is recommended that either they or the manager always supervise the Oakberry Store. The manager must be qualified, experienced, and successfully complete the required initial training program. The manager is not required to have an equity interest in the franchise.