76 Fence
Formerly known as The Group Real Estate
Bottom line
- Total investment $166K – $316K including a $60K franchise fee.
- Average unit revenue of $1.5M/year. Estimated payback in 0.7 years.
- Rated MODERATE with a risk score of 60/100. SBA loan default rate of 0.0% across 2 loans (below the industry average).
- Emerging franchise — only 3 years of franchising with 2 units. Early-stage systems carry higher risk but may offer better territory availability.
Item 1 · who you're contracting with
The Franchisor
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 76 FENCE unit return on the cash you put in?
Unlevered ROIC · per unit
61%
Above typical band (30–60%)
Levered LBO scenario · Yale Crease Capital framing
What would 25 76 FENCE units return on equity?
Equity IRR · 5-yr
49.9%
7.57× MOIC
Year-1 DSCR
1.88×
EBITDA ÷ debt service
Equity required
$1.5M
on $7.7M purchase
Total debt
$6.2M
SBA $3.9M + senior + seller note
Overview
About
76 Fence franchisees operate residential and commercial fence installation and repair businesses, handling customer acquisition, job estimation, material procurement, crew management, and installation services. Day-to-day operations involve scheduling jobs, managing subcontractors or employees, coordinating material logistics, and ensuring quality control on customer projects.
Item 7 · what it costs
The Vitals
Item 19
Financial Performance
Item 20 · unit dynamics
The Growth Chart
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 20 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).
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.
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
This is a pre-maturity franchise system with only 2 units, undisclosed financial performance claims, and unproven unit economics that poses substantial risk for early-stage investors.
Score breakdown · what drove the 60 / 100 rating
- 01MEDExtremely limited unit count (2 units only) suggests nascent or stalled franchise system with minimal validation
- 02MEDNo Item 19 financial performance representations disclosed despite $362k average net income claim — unable to independently verify earnings
- 03MINORHigh initial investment ($165-316k) paired with only 2 operating units creates significant unproven business model risk
- 04MINORMinimum royalty structure unknown — could create cash flow burden during low-revenue periods
- 05MINORUnknown franchisee growth trajectory indicates lack of transparent unit expansion data
Severity inferred from the FDD text · not a regulatory classification
FDD Items 5, 6, 12, 17 · continued from Risk & Legal
Contract & Territory Detail
Item 11
Training & Operations
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
22 numbers
One-time purchase · CSV download · Validation questions included
FDD download
76 FENCE · FDD (2025) PDF