Bottom line
- Total investment $188K – $332K including a $55K franchise fee.
- No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
- Rated STRONG with a risk score of 54/100. SBA loan default rate of 0.0% across 30 loans (below the industry average).
- System contracting at -10.5% CAGR over 3 years. Investigate whether closures are franchisor-driven (consolidation) or franchisee-driven (economics).
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 abc Seamless unit return on the cash you put in?
Unlevered ROIC · per unit
31%
In Yale's "attractive" band (30–60%)
Overview
About
abc Seamless franchisees operate a food delivery or restaurant service business, likely managing online ordering platforms, customer service, logistics coordination, and vendor/restaurant relationships. Day-to-day operations involve processing orders, managing delivery networks, handling customer inquiries, and ensuring compliance with franchisor standards and local regulations.
Item 7 · what it costs
The Vitals
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
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 4 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
Declining franchise system with absent financial performance data, recent litigation, and escalating fee structure presents meaningful investment risk despite protected territory.
Score breakdown · what drove the 54 / 100 rating
- 01MEDUnit count declined 4.2% YoY (72 units), indicating system contraction and potential market saturation or franchisee dissatisfaction
- 02MINORNo average revenue or net income disclosure in FDD Item 19, making ROI impossible to validate and suggesting weak unit economics
- 03HIGHRecent litigation initiated by franchisor (2024) against franchisee for breach of contract, indicating enforcement disputes and operational friction
- 04MINOREscalating minimum royalties ($1K-$4K annually) combined with 3% gross receipts creates dual fee burden that may pressure low-margin food businesses
- 05MINORDeclining unit base reduces franchisor's support infrastructure and collective bargaining power with vendors, increasing franchisee operational costs
- 06HIGHNo 'Going Concern' statement suggests financial stability questions about franchisor's long-term viability to support franchisees
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
4 numbers
One-time purchase · CSV download · Validation questions included
FDD download
abc Seamless · FDD (2024) PDF