FranchiseVerdict
1-800-STRIPER logo
FV-00012·STRONGExcellent91

1-800-Striper

OtherFranchising since 2020Website
Investment
$250K – $430K
70th pct Other
Avg revenue
$1.4M
36th pct Other
Royalty
Units
130
80th pct Other
SBA default
0.0%
vs <3% typical

Bottom line

  • Total investment $250K – $430K including a $50K franchise fee.
  • Average unit revenue of $1.4M/year. Estimated payback in 0.5 years.
  • Rated STRONG with a risk score of 49/100. SBA loan default rate of 0.0% across 74 loans (below the industry average).

Item 1 · who you're contracting with

The Franchisor

Legal entity
Striper Industries, Inc.
Incorporated in
New York
HQ
69 Deep Rock Road, Rochester, NY 14624
Auditor
Muhammad Zubairy, CPA PC
Audited financials
Franchisor revenue
$450K
vs $3.1M prior year

Yale framework · single-unit ROIC

Returns Analysis

Pulls Item 7 (investment) and Item 19 (revenue) from this brand's FDD into the Yale unlevered-ROIC formula. Override any input to stress-test it against your own assumptions.

The model · Yale framework

What would one 1-800-STRIPER unit return on the cash you put in?

Revenue · per unit, per year
$
FDD Item 19 reports $1,400,808
Franchisor take · royalty + ad fund
Royaltytyp 68%
%
Ad fundtyp 35%
%
Operating costs · category default: generic
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $250K–$430K
Working capital
$
FDD reports $20K–$25K

Unlevered ROIC · per unit

58%

In Yale's "attractive" band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$210K
EBITDA margin
15.0%
Total invested
$363K
Payback
21 mo
Unit-level only. A multi-unit portfolio gives up roughly 5–15% of this to shared services (corporate G&A) before reaching the ~10-unit break-even Yale describes.

Levered LBO scenario · Yale Crease Capital framing

What would 25 1-800-STRIPER units return on equity?

Edit assumptions

Equity IRR · 5-yr

43.4%

6.07× MOIC

Year-1 DSCR

2.02×

EBITDA ÷ debt service

Equity required

$2.8M

on $11.2M purchase

Total debt

$8.4M

SBA $5.0M + senior + seller note

SBA 7(a) request ($5.6M) exceeds the $5M program cap. Excess capped automatically; backfill via conventional or equity.

Overview

About

1-800-STRIPER franchisees operate mobile window tinting, paint protection, and vehicle wrap services, traveling to customer locations or operating from small service centers. Daily operations involve scheduling appointments, performing installation work, managing materials, and handling customer service for automotive exterior protection services.

CEO
Luke Menear
Founded
2019
FDD year
2025
States available
22

Item 7 · what it costs

The Vitals

Total investment
$250K – $430K
All-in to open one unit
Liquid capital
$20K – $25K
Cash you must have on hand
Franchise fee
$50K
Royalty
the greater of 7% of monthly Gross Revenue or Minimum Mon…
Ad fund
2.0%
typical 3–5%
Total fee load
9.0%
vs 9–13% typical
Payback period
0.5 yrs
From v3 / Item 19

Item 19

Financial Performance

Avg gross sales
$1.4M
Per unit, per year
Median gross sales
Item 19 type
Gross Revenue and Operating Expenses
Sample size
6 units
vs category median 20 · small
Range (low → high)
$122K$446K
Cohort dispersion
Transparency
9 / 5
vs category median 3 / 5 · above
Revenue rank36th
vs Other peers
Investment cost rank70th
Lower investment ranks lower (better)
Royalty rate rank70th
Lower royalty = lower percentile (better)
Unit count rank80th
vs Other peers
Risk score rank12th
Lower risk = lower percentile (better)

Item 20 · unit dynamics

The Growth Chart

Total units
130
Opened
120
Last reporting year
Closed
0
Turnover rate
0.0%
Company-owned
2
Corporate units in the system
% franchised
99%
vs corporate-owned
Net growth (yr3)
Outlier (see FDD)
Likely small-sample artifact
2023
128+120
Franchised units
2024
8
Franchised units
2025
0
Franchised units

Year-over-year franchised unit counts and net change. Source: FDD Item 20.

Item 20 · 30 states with active franchisees

The Territory Map

Derived from franchisee contact records. Shows states with at least one current operator — not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).

AK
ME
VT
NH
MA
RI
CT
NY
NJ
PA
DE
MD
DC
WA
OR
CA
NV
ID
MT
WY
UT
CO
AZ
NM
ND
SD
NE
KS
OK
TX
MN
IA
MO
AR
LA
WI
IL
MS
TN
MI
IN
KY
AL
OH
WV
GA
VA
NC
SC
FL
HI
Registered · 30 states
Not registered

States derived from franchisee phone area codes (Item 20). Approximate — ported numbers may show the original state, not the franchisee's current location.

Government records

SBA Loan Data

Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.

Total loans
74
Loan volume
Avg loan
Default rate
0.0%
vs <3% typical · system-wide
5-yr default

FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17

Risk & Legal

49
Risk · 0-100
STRONG49 / 100

Rapidly scaling franchisor with unverified financial claims, no Item 19 disclosure, and unclear financial stability makes this a speculative investment requiring extensive validation.

Score breakdown · what drove the 49 / 100 rating

  1. 01MINORExplosive 1500% YoY unit growth (130 units) is unsustainable and suggests either aggressive recruitment, acquisition of existing chains, or inflated reporting — requires verification of organic vs. acquired growth
  2. 02MEDNo Item 19 (Financial Performance Representations) disclosed despite $652k average net income claim — inability to verify actual franchisee profitability and potential selection bias in reported averages
  3. 03MINORDual royalty structure (7% or minimum fee) creates cash flow unpredictability; minimum fee amount not specified, creating hidden cost risk
  4. 04HIGHGoing Concern = False is ambiguous — unclear if franchisor has financing/viability concerns that could affect support infrastructure
  5. 05MINORHigh investment ceiling ($430k) combined with unverified income claims creates significant downside risk if actual franchisee results differ materially from stated averages

Severity inferred from the FDD text · not a regulatory classification

FDD Items 5, 6, 12, 17 · continued from Risk & Legal

Contract & Territory Detail

Territory
Population/Business Count
Protected territory
Yes
Initial term
10 years
Renewal term
5 years
Online sales rights
Restricted
Franchisor can compete
Yes
Hire a manager?
Allowed
Litigation count
0
Right of first refusal
Yes
Franchisor can buy back on resale
Mandatory arbitration
No
Jury trial waiver
Yes
Non-compete
2 yrs
Post-termination restriction
Owner-operator
Required
Governing law
New York

Item 11

Training & Operations

Classroom training
30 hrs
On-the-job training
44 hrs
POS system
QuickBooks Online and CRM System
Operating tech stack

Item 20

Franchisee Contacts

Phone numbers extracted directly from this brand's FDD Item 20. After purchase, you'll also receive a list of validation questions tailored to this brand.

Franchisee contacts

60 numbers

Locked
(210) 903-••••
TX
(832) 278-••••
TX
(480) 662-••••
AZ

One-time purchase · CSV download · Validation questions included

FDD download

1-800-STRIPER · FDD (2025) PDF

Single-page checkout · instant download · CSV export of contacts available separately above