4evercharge Franchise Cost, Revenue & Review 2026
Data from FDD filing
Analysis by FranchiseVerdict Research · Methodology
4EVERCHARGE is a home services franchise providing electric vehicle charging station installation and service. Franchisees run local operations, managing installs, maintenance, and accounts.
FranchiseVerdict summary · 2026
A 4EVERCHARGE franchise requires a total initial investment of $103K – $623K, including a $60K franchise fee and an ongoing 7.0% royalty[2]. The 2025 FDD does not disclose unit-level revenue (no Item 19). FranchiseVerdict grade: C (Average), an editorial assessment, not investment advice. Run a live ROI scan →
Data last verified · figures per the 2025 FDD issuance
Overview
- Investment
- $103K – $623K
- 36th pct Home Services
- Avg gross sales
- N/A
- 0 outlets
- Royalty
- 7.0%
- 34th pct Home Services
- Units
- 0
- 0th pct Home Services
- SBA charge-off
- N/A
Quick verdict · Home Services · color = vs category peers
Green = favorable by >10% vs Home Services avg · No shading = within ±10% · Red = unfavorable by >10% · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
Bottom line
- COSTTotal investment $103K – $623K including a $60K franchise fee, 7.0% ongoing royalty.
- RETURNSPre-opening franchisor; audited balance sheet as of Dec 31, 2024 (and Oct 24, 2024 inception). Period Oct 25 - Dec 31, 2024 had no revenue and operating loss of $18,445. Auditor expressed substantial doubt about ability to continue as a going concern.
- RISKVerdict C (Average), verdict score 41/100 (higher is better).
- FLAGAuditor disclosed a going-concern note, which flagged doubt about the franchisor's ability to continue operations. Verify against the latest FDD.
Item 1 · who you're contracting with
The Franchisor
Corporate structure & franchisor financials
- Legal entity
- 4Ever Charge Franchising, LLC
- CEO title
- President
- John Biagas
- Founder active
- Yes
- Original founder still leading the business
- Incorporated in
- Virginia
- HQ
- 627 36th Street, Newport News, Virginia 23607
- Auditor
- Muhammad Zubairy, CPA PC
- Audited financials
- Franchisor revenue
- $0
- Most recent fiscal year
- ⚠ Going-concern note
- Disclosed in FDD 2025
- Auditor flagged doubt about continued operations. Verify against the latest FDD before deciding.
Overview
About
- CEO
- John Biagas
- Headquarters
- Virginia
- Founded
- 2024
- FDD year
- 2025
- States available
- 0
Can you afford it, and what does the money buy?
Entry cost runs 61% above the typical home services franchise.
Source: FDD 2025 · Items 5–7
Full Item 7 breakdown15 line items
Initial investment breakdown
| Line item | Low | High | |
|---|---|---|---|
| Initial Franchise Feenot refundable | $60K | $60K | |
| Third-Party Costs/Expenses Associated with Initial Training Program | $500 | $10K | |
| Approved Premises - Security Deposit and Other Pre-Launch Amounts Paid Prior to Initial Launch | $0 | $5K | |
| Leasehold Improvements in Connection with Premises | $1K | $3K | |
| Approved Vehicle - Deposit and First 3 Months of Payments (if applicable) | $0 | $15K | |
| Vehicle Wrap | $3K | $8K | |
| Computer System | $3K | $5K | |
| Other Furniture, Fixtures and Equipment (Back Office or Otherwise) | $1K | $2K | |
| Required Initial Package of Designated Equipment, including shipping | $13K | $175K | |
| Initial Marketing Spend | $10K | $10K | |
| Technology Fee (up to 2 months prior to launch and post-launch) | $250 | $500 | |
| Insurance Premiums and/or Deposits (Pre-Launch) | $800 | $3K | |
| Business Permits and/or Licenses (for Franchised Business Operations only) | $1K | $3K | |
| Additional Funds - Initial 6 Months of Operation Post-Launch of Operations | $10K | $50K | |
| Costs Associated with Installation of Designated Equipment at Initial Authorized Location | $2K | $275K | |
| Total initial investment | $103K | $623K |
Line items extracted from FDD Item 7. Ranges reflect the franchisor's stated low and high per line. Total is the sum of line-item lows / highs — actual costs may fall outside this range depending on market and build-out scope.
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $103K – $623K
- Top 40% of category vs category
- Liquid capital req'd
- $10K – $50K
- Top 40% of category vs category
- Franchise fee
- $60K – $60K
- Middle of category vs category
- Royalty
- 7.0%
- percentage · typical 6–8%
- Ad fund
- 0.0%
- typical 3–5%
- Total fee load
- 8.0%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 7.0% of gross sales |
| Marketing / ad fund | 0.0% of gross sales |
| Technology fee | $250 |
| Training fee | $1K |
| Transfer fee | $10K |
| Renewal fee | $5K |
| Total fee load | 8.0% of rev |
ROI & LBO modelsSingle-unit · 25-unit portfolio · editable
4EVERCHARGE did not disclose financial performance in FDD Item 19. The ROIC and return models require Item 19 revenue. Without it all inputs are estimates. You can still run the calculator with your own assumptions by entering an expected revenue figure.
Returns model · single-unit ROIC
What would one 4EVERCHARGE unit return on the cash you put in?
Unlevered ROIC · per unit
Estimated return on your total franchise investment, before any debt financing.
23%
Below the 30–60% attractive-franchise band
These models are for research and scenario planning only. Not investment advice. Actual results depend on your specific location, management, and market conditions. Consult a franchise attorney and accountant before signing any franchise agreement.
Item 19 · Source: 2025 FDD
Financial Performance
Pre-opening franchisor; audited balance sheet as of Dec 31, 2024 (and Oct 24, 2024 inception). Period Oct 25 - Dec 31, 2024 had no revenue and operating loss of $18,445. Auditor expressed substantial doubt about ability to continue as a going concern.
Operator outlook
What the numbers say
Data-driven interpretation of this brand's financial disclosures, fee structure, and system trajectory.
Fee burden
Total ongoing fee load of 8.0% (near the Home Services average).
Disclosure
Franchisor chose not to disclose financial performance representations. You will need to gather unit economics directly from existing franchisees.
Source: FDD Item 19 financial performance representations and publicly filed FDD data. Past performance is not indicative of future results. Verify all figures with the franchisor and current franchisees before making any investment decision.
vs Home Services averages
How 4evercharge Compares
Is the system healthy?
Source: FDD 2025 · Item 20
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 0
- Opened
- 0
- Last reporting year
- Closed
- 0
- Terminated
- 0
- Franchisor ended the franchise (per Item 20)
- Non-renewed
- 0
- Term expired, not renewed (per Item 20)
- Company-owned
- 0
- Corporate units in the system
3-year detail · Item 20
- Opened (3yr)
- 0
- Closed (3yr)
- 0
- Terminated (3yr)
- 0
- Non-renewed (3yr)
- 0
- Transfers (3yr)
- 0
- Reacquired (3yr)
- 0
- Franchisor bought back
- Projected new
- 1
- Franchisor's next-year forecast
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA 7(a) and 504 loan disclosures, public data unique to FranchiseVerdict.
No SBA loan data available for this brand.
What could kill this investment?
The auditor flagged going-concern doubt (Item 21) — the single biggest risk here.
Source: SBA 7(a) FOIA · FDD Items 3, 21
Risk analysis
FranchiseVerdict rating + FDD Items 3, 4, 8, 16, 21
Risk & Legal
4EVERCHARGE presents extreme risk as a pre-launch or failed franchise with zero operating units, no financial transparency, and questionable franchisor viability.
Litigation (Item 3)
No litigation required to be disclosed in Item 3.
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · Muhammad Zubairy, CPA PCⓘ Going-concern language present, but this is an early-stage franchisor with limited operating history — common for new systems and not necessarily a sign of distress.
Supplier relationship · Items 8 & 16
- Franchisor sells you products: No
- Kickbacks from required suppliers: Yes
- Must buy proprietary products: Yes
- Restricted to system-approved products: Yes
- Can negotiate own supplier terms: No
Score breakdown · what drove the 41 / 100 verdict
- 01MINORZero operating units (0) indicates brand has never successfully launched or all units have failed
- 02HIGHGoing Concern status is FALSE — franchisor may lack financial stability or operational viability
- 03MEDNo average revenue or net income disclosed (Item 19) — impossible to validate ROI claims or franchisee profitability
- 04MINORHigh franchise fee ($59,500) combined with wide investment range ($103K-$622K) suggests unclear cost structure and poor financial planning
- 05MED7% royalty on undisclosed revenue with no profit data creates unquantifiable ongoing costs
- 06MINOR10-year term locks franchisees into agreement with unproven business model
Severity inferred from the FDD text · not a regulatory classification
What are you signing up for?
Ongoing fees run about 8.0% of sales (royalty + ad fund), before rent and labor.
Source: FDD 2025 · Items 11, 12, 17
FDD Items 12, 15, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 10 years |
|---|---|
| Renewal term | 10 years |
| Allowed renewalsℹ | 2 |
| Territory type | none |
| Protected territory | No |
| Exclusive territoryℹ | No |
| Territory population | 100,000 |
| Online sales rights | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Required |
| Non-compete (years)ℹ | 2 years |
| Non-compete (miles)ℹ | 15 mi |
| Right of first refusalℹ | Yes |
| RoFR response window | 30 days |
| Transfer requires consent | Yes |
| Termination notice | 30 days |
| Mandatory arbitration | No |
| Jury trial waiver | Yes |
| Governing law | Virginia |
| Litigation count | 0 |
View Item 3 litigation summary
No litigation required to be disclosed in Item 3.
Items 10, 11
Training & Operations
- Classroom training
- 19 hrs
- On-the-job training
- 0 hrs
- Training location
- Remote plus one-day Corporate Visit at franchisor location
- Ongoing training
- Required
- Field support
- 8 hrs/yr
- On-site visits per year
- Time to open
- 6 mo
- From signing to launch
- Site selection
- franchisor_approval
- Franchisor financing
- Not offered
- Item 10
Items 5 & 11
Franchisor Support
Item 20 · call current owners
Franchisee Contacts
30 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
4EVERCHARGE · FDD (2025) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a 4EVERCHARGE franchise?
The total investment to open a 4EVERCHARGE franchise ranges from $103K – $623K, with an initial franchise fee of $60K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do 4EVERCHARGE franchise owners earn?
4EVERCHARGE does not disclose average franchise owner earnings in their FDD Item 19. Not all franchisors are required to make financial performance representations. We recommend asking existing franchisees directly about their financial experience.
What is Item 19 in the 4EVERCHARGE FDD?
The FDD section where a franchisor may disclose financial performance of its outlets. Disclosure is optional and formats vary; figures are typically gross sales, which is revenue before expenses, not profit. FranchiseVerdict extracts these figures directly from the 4EVERCHARGE FDD and qualifies whose outlets they describe.
What is 4EVERCHARGE's franchise failure rate?
SBA 7(a) loan charge-off data is not available for 4EVERCHARGE (fewer than 10 loans on file). Charge-off rates are one way to gauge franchise risk, but not all franchise loans go through the SBA program. We recommend reviewing turnover and closure data in the FDD and speaking with current franchisees.
Is 4EVERCHARGE a good franchise to buy?
FranchiseVerdict rates 4EVERCHARGE as a C-grade franchise with a verdict score of 41 out of 100 (higher is better), based on our analysis of investment costs, revenue data, SBA loan performance, and growth trends. Our rating is based solely on publicly available FDD and government data; we recommend speaking with current franchisees before making any investment decision. This is not investment advice.
Data sourced from public FDD filings and SBA 7(a) FOIA records. Not financial advice.
For franchisors
Are you the franchisor?
If you represent 4EVERCHARGE, you can request corrections or provide updated information.
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Data extracted from public FDD filings and SBA 7(a) loan disclosures (FOIA). This information is provided for research purposes only and does not constitute financial, legal, or investment advice. Verify all figures with the franchisor's current Franchise Disclosure Document before making any investment decision.