FranchiseVerdict
10X Business Advisor logo
FV-00017·MODERATEStandard76

10X Business Advisor

Business Services - OtherFranchising since 2022Website
Investment
$112K – $344K
84th pct Other
Avg revenue
57th pct Other
Royalty
Units
3
18th pct Other
SBA default

Bottom line

  • Total investment $112K – $344K including a $125K franchise fee.
  • No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
  • Rated MODERATE with a risk score of 67/100.
  • Auditor disclosed a going-concern note — flagged doubt about the franchisor's ability to continue operations. Verify against the latest FDD.

Item 1 · who you're contracting with

The Franchisor

Legal entity
10X Business Advisor Franchising LLC
Parent company
Cardone Ventures, LLC
Incorporated in
Delaware
HQ
18851 NE 29th Ave., Suite 414, Aventura, FL 33180
Auditor
Divine, Blalock, Martin & Sellari, LLC
Audited financials
Franchisor revenue
$311K
Most recent fiscal year
⚠ Going-concern note
Disclosed in FDD 2023
Status as of 2023; may have been resolved in a later filing we don't yet have.

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 10X Business Advisor unit return on the cash you put in?

Revenue · per unit, per year
$
Item 19 not disclosed — typing your own estimate
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: $112K–$344K
Working capital
$
FDD reports $10K–$25K

Unlevered ROIC · per unit

43%

In Yale's "attractive" band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$105K
EBITDA margin
14.0%
Total invested
$245K
Payback
28 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.

Overview

About

Franchisees operate as business advisors providing consulting services to small/medium businesses on operations, strategy, and growth. Revenue derives from client fees (likely hourly consulting, retainers, or project-based) while paying the franchisor a hybrid royalty. Success depends on franchisee's ability to acquire and retain advisory clients in their territory.

CEO
Brandon Dawson
Founded
2022
FDD year
2023
States available
3

Item 7 · what it costs

The Vitals

Total investment
$112K – $344K
All-in to open one unit
Liquid capital
$10K – $25K
Cash you must have on hand
Franchise fee
$125K
Royalty
the greater of: (i) 15% of Gross Revenue; or (ii) $3,500 …
Ad fund
n/d
Total fee load
15.0%
vs 9–13% typical

Item 19

Financial Performance

This franchisor did not disclose financial performance representations in Item 19, or our extractor could not parse them.

Item 20 · unit dynamics

The Growth Chart

Total units
3
Opened
3
Last reporting year
Closed
0
Turnover rate
0.0%
Company-owned
0
Corporate units in the system
% franchised
100%
vs corporate-owned
2021
3+3
Franchised units
2022
0
Franchised units
2023
0
Franchised units

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

Item 20 · 15 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 · 15 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.

No SBA loan data available for this brand.

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

Risk & Legal

67
Risk · 0-100
MODERATE67 / 100

Micro-franchise system with minimal operating units, opaque financial performance, high fixed costs, and short contract terms presents substantial risk despite no current litigation.

Score breakdown · what drove the 67 / 100 rating

  1. 01MINOROnly 3 franchised units with unknown growth trajectory suggests minimal market validation and high system risk
  2. 02MEDNo average revenue or net income disclosure (missing Item 19) prevents realistic ROI assessment on $112k-$344k investment
  3. 03MINORHybrid royalty structure ($3,500-$5,999/month minimum plus 15% of revenue) creates significant fixed cost burden for new/struggling locations
  4. 04MINORHigh franchise fee ($125k) relative to system size indicates reliance on franchise fees rather than franchisee success for revenue
  5. 05MINORUnprotected territory creates direct competition risk between franchisees in same market
  6. 06MINORShort 2-year term limits franchisee ability to recoup investment and build sustainable business
  7. 07MINORService-based business model (business advisory) dependent on individual advisor quality and client retention — difficult to scale

Severity inferred from the FDD text · not a regulatory classification

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

Contract & Territory Detail

Protected territory
No
Initial term
2 years
Renewal term
2 years
Online sales rights
Restricted
Franchisor can compete
Yes
Hire a manager?
Not allowed
Litigation count
0
Right of first refusal
Yes
Franchisor can buy back on resale
Mandatory arbitration
Yes
Jury trial waiver
Yes
Non-compete
2 yrs
Post-termination restriction
Owner-operator
Required
Governing law
Florida

Item 11

Training & Operations

Classroom training
104 hrs
On-the-job training
0 hrs
POS system
QuickBooks
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

15 numbers

Locked
(213) 576-••••
CA
(410) 576-••••
MD
(701) 328-••••
ND

One-time purchase · CSV download · Validation questions included

FDD download

10X Business Advisor · FDD (2023) PDF

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