Somisomi Franchise
Franchising since 2017 · 7 locations
The total investment to open a Somisomi Franchise franchise ranges from $223,100 - $459,100. The initial franchise fee is $39,000. Ongoing royalties are 8%. Somisomi Franchise currently operates 7 locations (7 franchised). PeerSense FPI health score: 60/100.
$223,100 - $459,100
$39,000
7
7 franchised
Proprietary PeerSense metric
ModerateActive capital sources verified for Somisomi Franchise financing
SBA
7(a) Eligible
21d
Avg Funding
P+2.25%
Best Rate
No retainers · Referral fee at closing
FPI Score Breakdown
Emerging (3-9 loans)
SBA Lending Performance
SBA Default Rate
0.0%
0 of 8 loans charged off
SBA Loans
8
Total Volume
$2.5M
Active Lenders
6
States
3
Top SBA Lenders for Somisomi Franchise
What is the Somisomi Franchise franchise?
Should you invest $250,000 to $500,000 in a Korean-inspired dessert concept at a time when American consumers are rapidly expanding their appetite for global flavors and premium specialty snacks? That is the core question any serious investor must answer before approaching the Somisomi Franchise opportunity, and the answer requires more than a taste test. SomiSomi was founded by Matt Kim in October 2016 as a Korean-inspired soft-serve and taiyaki concept, with the corporate entity SomiSomi Franchise officially incorporated as a California corporation on January 30, 2017, headquartered at 621 S. Western Ave., Suite 208 A, Los Angeles, CA 90005. The brand specializes in two signature products: Ah-Boong, a fish-shaped waffle cone filled with soft-serve ice cream and fillings such as Nutella, custard, or red bean, and Taiyaki, a warm fish-shaped waffle with savory and sweet fillings, along with soft-serve ice cream served in a cup in flavors including Milk, Chocolate, Ube, Matcha, Oreo, Milk Tea, and swirl combinations. From a single unit in its founding year, the brand grew to four locations by the end of 2018 and has since expanded to over 33 locations across South California, Texas, Nevada, Washington, and Hawaii, operating entirely within the United States. The brand currently employs 141 people and reports corporate revenue in the range of approximately $1.2 million to $6 million USD as of February 26, 2025. This independent analysis from PeerSense examines the Somisomi Franchise opportunity across every dimension a sophisticated investor needs to evaluate before committing capital, from market positioning to unit economics to franchisee experience on the ground.
The snack and nonalcoholic beverage bars industry, which is the direct competitive category for the Somisomi Franchise opportunity, is one of the most consistently expanding segments in the broader consumer foodservice economy. The global snack and nonalcoholic beverage bars market was valued at $333.12 billion in 2025 and had already grown to $352.46 billion by 2026, registering a compound annual growth rate of 5.8% in that one-year interval alone. Looking further out, the market is projected to reach $456.47 billion by 2030, driven by a CAGR of 6.7% from 2026 through 2030. The broader global non-alcoholic beverages market provides additional context: valued at an estimated $1,349 billion in 2023, it is forecast to reach $2,135 billion by 2033, growing at a steady 6.1% CAGR. Within the snack bars subsegment, global market size was $29.59 billion in 2024 and is projected to reach $44.25 billion by 2030 at a 7.0% CAGR, with North America commanding the largest revenue share at 42.3% in 2024. The consumer tailwinds driving this growth are diverse and self-reinforcing: rising demand for healthy and functional snacks, expanding consumer interest in ethnic and global flavors, on-the-go consumption patterns driven by urban lifestyles, a focus on premium and artisanal product positioning, and growing adoption of digital ordering and payment systems. For a Korean-inspired concept like Somisomi Franchise, the expanding American consumer palate toward Asian flavors represents a particularly meaningful secular tailwind, as does the wellness movement, which pushes consumers away from traditional sugary fast food desserts toward specialty, experiential treats perceived as more artisanal. The snack and beverage bar industry also benefits from its position in social and recreational settings, where rising leisure activity participation amplifies consumption occasions.
The Somisomi Franchise investment requires prospective franchisees to come prepared with substantial capital across multiple categories. The initial franchise fee is $39,000, which is broadly consistent with established franchise concepts in the specialty food and beverage category, where franchise fees typically range from $25,000 to $50,000. Total investment requirements for a Somisomi Franchise location span a range of $250,000 to $500,000 according to one set of figures, while an alternate disclosure places the range at $196,000 to $410,000, with the spread reflecting variables such as geography, lease terms, local construction costs, and build-out specifications. A useful data point for context is a currently planned Austin, Texas location at 6406 N Interstate Hwy 35 #1220, which is projected to span approximately 2,800 square feet at a construction cost of $230,000, with construction scheduled to begin in March 2025 and target completion in June 2025. Ongoing royalty fees are structured at 4% to 8% of gross sales, a range that sits within the standard for specialty food and beverage franchises, which commonly carry royalty obligations between 4% and 8%. Prospective franchisees are required to demonstrate at least $400,000 in liquid capital, a threshold that positions Somisomi Franchise as a mid-to-premium franchise investment relative to the broader franchise landscape. This liquid capital requirement is notably higher than some lower-investment food concepts and reflects the real estate, equipment, and working capital demands of operating a specialty dessert and soft-serve environment. As of this analysis, no specific advertising fund fee structure has been publicly disclosed in the available research materials. Investors should conduct a thorough review of the Franchise Disclosure Document to confirm all fee obligations, including any technology, marketing, or supply chain contribution requirements, before finalizing any investment decision.
The daily operational model of a Somisomi Franchise location centers on a relatively compact specialty dessert and snack bar format, with the Austin build-out providing a 2,800-square-foot reference point for format sizing. Operations revolve around soft-serve production, waffle cone and taiyaki preparation, and a curated menu of fillings and toppings, which requires consistent ingredient inventory management and quality control. Matt Kim, the founder and CEO, has emphasized systematic and organized business management as a core operational philosophy, with the explicit goal of maintaining production efficiency and fast, friendly customer service even during peak traffic periods. This operational discipline is critical for a concept like Somisomi Franchise, where speed and food quality must be maintained simultaneously to sustain customer satisfaction and minimize waste — a lesson made stark during the COVID-19 pandemic, when franchisees like Northern California operator Tin Ngo reported significant inventory losses from wasted soft-serve mixes and fillings during service disruption. The franchise provides a comprehensive training program designed to equip franchisees with the operational knowledge required to run a successful store, and SomiSomi also offers assistance in site selection and location identification, which reduces a critical early-stage risk for new operators. Territory information has been noted as available for prospective franchisees, though specific exclusive territory boundaries are subject to the FDD and individual franchise agreement terms. Staffing models for specialty dessert concepts of this footprint typically require a mix of part-time and full-time front-of-house staff, and employee reviews on Indeed.com for Somisomi Franchise provide a mixed operational picture, with some staff describing flexible hours and easy-to-learn job functions alongside other reviews citing management organization challenges and limited break scheduling during busy periods. Investors evaluating the Somisomi Franchise opportunity should factor labor management and workplace culture development into their operational planning, particularly given the brand's reported employee ratings of 2.4 out of 5 for management and 2.7 out of 5 for culture on Indeed.com.
Item 19 financial performance data is not disclosed in the current Franchise Disclosure Document for Somisomi Franchise. This is a material consideration for prospective investors, because without Item 19 disclosure, there is no franchisor-validated data on average unit revenue, median unit revenue, top-quartile performance, or unit-level profit margins. The FTC permits franchisors to omit Item 19 disclosures entirely, and a meaningful portion of franchise systems, particularly younger or smaller systems, exercise this option. SomiSomi has FDDs on record for 2017, 2018, and 2019, though the specific financial performance figures contained within those documents were not detailed in available research. The corporate entity SomiSomi Franchise Inc. reported overall company revenue in the range of approximately $1.2 million to $6 million USD as of February 26, 2025, representing royalty streams and corporate revenue rather than unit-level franchisee performance. For investor benchmarking purposes, the snack and beverage bar category broadly produces a wide range of unit-level revenues depending on location quality, format, local competition, and operational execution. The brand's expansion from 1 unit at end of 2017 to 4 units at end of 2018, and to over 33 locations by the time of this analysis, suggests that the concept has demonstrated sufficient unit-level viability to attract and retain franchisees, though investors should request any available Item 19 information directly from the franchisor during the formal disclosure process and should speak directly with existing franchisees, as listed in the FDD, to obtain first-hand revenue and profitability information. The Somisomi Franchise opportunity also carries 1 ongoing lawsuit as of the time of this analysis, which prospective investors should examine in detail within the FDD's litigation disclosure section. The PeerSense FPI Score for Somisomi Franchise is 60, rated as Moderate, which reflects the brand's stage of development, the absence of Item 19 disclosure, and the operational data available in the research base.
The Somisomi Franchise growth trajectory tells the story of a brand that has moved deliberately from a Los Angeles-area origin to multi-state presence across the Sun Belt and West. Beginning with 1 unit at the close of 2017, the brand added 3 units in 2018 to reach 4 locations, and has since scaled to over 33 locations across South California, Texas, Nevada, Washington, and Hawaii. Recent expansion activity signals continued growth momentum: a grand opening was scheduled for March 28, 2025, at Metropark Square in Shenandoah, Texas, at 8821 Metropark Dr, Suite #1300, accompanied by a promotional campaign offering "Buy 1 Ah-Boong, get 1 Taiyaki FREE" from March 28 through March 30, 2025, and a limited-time Banana Milk offering available through April 11, 2025. A second Texas location in Austin is under active construction with a target completion in June 2025, representing a projected $230,000 build-out cost at 2,800 square feet. The Texas market focus is strategically coherent given the state's large Asian-American population centers, high foot traffic retail corridors, and strong consumer appetite for specialty dessert concepts. The brand's competitive moat is built on product differentiation: taiyaki and Ah-Boong are not widely replicated in mainstream franchise systems, and the soft-serve flavors including Ube, Matcha, and Milk Tea speak directly to the growing consumer preference for Asian-inspired flavors that is reshaping the American specialty dessert market. Matt Kim continues to lead the brand as founder and CEO with no leadership transitions reported, providing strategic continuity. The brand's limited-time offering strategy, such as the Banana Milk promotion, demonstrates active menu management and an ability to drive grand opening traffic and social media engagement without expensive national advertising campaigns, a lean marketing approach that can benefit franchisees in new markets.
The ideal Somisomi Franchise candidate is an owner-operator or hands-on operator with prior experience in food service or retail management, given the brand's emphasis on systematic operations and the mixed staffing management feedback observed in existing locations. Matt Kim's stated operational philosophy of fast, organized, and friendly service during high-traffic periods suggests that franchisees who are present in-store during peak hours and actively manage team performance will outperform passive investors who rely entirely on hired management. Franchisee Tin Ngo's experience in Northern California illustrates a compelling profile: he identified an unmet market demand for Korean-inspired desserts after visiting a San Diego location, saw a geographic white space opportunity, and built a business around that consumer insight. Available territories are indicated for prospective franchisees, with active expansion occurring across Texas and other states, suggesting that the best available markets in California may be more competitive while Texas, Nevada, and other Sun Belt states represent fresher territory opportunities. The timeline from franchise agreement signing to store opening involves site selection support from the franchisor, lease negotiation, build-out, and training completion, with the Austin build-out providing a reference arc of approximately three to four months from construction start to projected opening. Franchise agreement term length and renewal terms are governed by the FDD and individual agreement, and prospective investors should review resale, transfer, and renewal provisions carefully, particularly given the brand's early stage of franchise system development. Multi-unit ownership appears to be an available path, as evidenced by Tin Ngo operating both SomiSomi and Sul & Bean locations, suggesting the brand is open to operators with multi-concept or multi-unit ambitions.
The Somisomi Franchise opportunity sits at a compelling intersection of forces: a rapidly expanding global snack and nonalcoholic beverage bars market projected to reach $456.47 billion by 2030, an accelerating American consumer appetite for Korean and Asian-inspired food experiences, and a differentiated product lineup in Ah-Boong, Taiyaki, and artisanal soft-serve that faces limited direct competition within the franchise landscape. The $39,000 franchise fee, total investment range of $196,000 to $500,000 depending on format and market, and the 4% to 8% royalty structure are financially consistent with the specialty food and beverage franchise category, though the $400,000 liquid capital requirement signals that this is not an entry-level franchise investment. The absence of Item 19 financial performance disclosure in the current FDD is a meaningful data gap that investors must address through direct franchisee interviews and independent market research before committing capital. The brand's PeerSense FPI Score of 60, rated Moderate, reflects a system in active growth with promising market positioning and identifiable operational development areas. PeerSense provides exclusive due diligence data including SBA lending history, FPI score, location maps with Google ratings, FDD financial data, and side-by-side comparison tools that allow investors to evaluate Somisomi Franchise against other concepts in the specialty snack and beverage category with quantitative rigor. For any investor seriously evaluating a Somisomi Franchise investment, the combination of market timing, product differentiation, and geographic expansion momentum makes this a concept that warrants thorough independent analysis rather than a pass or a rush to sign. Explore the complete Somisomi Franchise franchise profile on PeerSense to access the full suite of independent franchise intelligence data.
FPI Score
60/100
SBA Default Rate
0.0%
Active Lenders
6
Key Highlights
Franchise Financing Resources
Data Insights
Key performance metrics for Somisomi Franchise based on SBA lending data
SBA Default Rate
0.0%
0 of 8 loans charged off
SBA Loan Volume
8 loans
Across 6 lenders
Lender Diversity
6 lenders
Avg 1.3 loans per lender
Investment Tier
Significant investment
$223,100 – $459,100 total
Payment Estimator
Estimated Monthly Payment
$2,309
Principal & Interest only
Locations
Somisomi Franchise — unit breakdown
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