FranchiseVerdict
Accurate Leak and Line logo
FV-00062·MODERATEExcellent91

Accurate Leak and Line

Home Services - Plumbing & HVACFranchising since 2022Website
Investment
$134K – $285K
58th pct Plumbing & HV…
Avg revenue
$4.4M
50th pct Plumbing & HV…
Royalty
Units
8
17th pct Plumbing & HV…
SBA default

Bottom line

  • Total investment $134K – $285K including a $55K franchise fee.
  • Average unit revenue of $4.4M/year (median $4.7M).
  • Rated MODERATE with a risk score of 60/100.

Item 1 · who you're contracting with

The Franchisor

Legal entity
Accurate Leak and Line, LLC
Incorporated in
Texas
HQ
439 N. Gun Barrel Lane, Gun Barrel City, TX 75156
Auditor
Naper CPA Group
Audited financials
Franchisor revenue
$0
vs $167K 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 Accurate Leak and Line unit return on the cash you put in?

Revenue · per unit, per year
$
FDD Item 19 reports $4,397,000
Franchisor take · royalty + ad fund
Royaltytyp 68%
%
Ad fundtyp 35%
%
Operating costs · category default: restoration
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $134K–$285K
Working capital
$
FDD reports $30K–$50K

Unlevered ROIC · per unit

194%

Above typical band (30–60%)

0%30–60% Yale band80%
ROIC above 100% usually means the revenue figure is a system-wide aggregate or top-cohort number rather than a single-unit average. Verify the "Revenue · per unit" field against the brand's FDD Item 19 detail tables before relying on this output.

Store EBITDA · annual
$484K
EBITDA margin
11.0%
Total invested
$249K
Payback
6 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 Accurate Leak and Line units return on equity?

Edit assumptions

Equity IRR · 5-yr

31.3%

3.90× MOIC

Year-1 DSCR

2.57×

EBITDA ÷ debt service

Equity required

$7.3M

on $17.6M purchase

Total debt

$10.3M

SBA $5.0M + senior + seller note

SBA 7(a) request ($8.8M) exceeds the $5M program cap. Excess capped automatically; backfill via conventional or equity.

Overview

About

Franchisees operate leak detection and sewer/water line repair services for residential and commercial customers. Day-to-day work involves customer site visits, diagnostic testing, pipe repair/replacement using trenchless technology, customer communication, and local marketing to build recurring service contracts.

CEO
Mike Mushinski
Founded
2020
FDD year
2024
States available
1

Item 7 · what it costs

The Vitals

Total investment
$134K – $285K
All-in to open one unit
Liquid capital
$30K – $50K
Cash you must have on hand
Franchise fee
$55K
Royalty
Greater of 7% of Gross Sales or monthly minimums ($0-$2,0…
Ad fund
2.0%
typical 3–5%
Total fee load
9.0%
vs 9–13% typical

Item 19

Financial Performance

Avg gross sales
$4.4M
Per unit, per year
Median gross sales
$4.7M
Item 19 type
Gross Sales
Sample size
3 units
vs category median 20 · small
Range (low → high)
$1.0M$7.5M
Cohort dispersion
Transparency
4 / 5
vs category median 4 / 5 · typical
Revenue rank50th
vs Home Services - Plumbing & HVAC peers
Investment cost rank58th
Lower investment ranks lower (better)
Royalty rate rank75th
Lower royalty = lower percentile (better)
Unit count rank17th
vs Home Services - Plumbing & HVAC peers
Risk score rank67th
Lower risk = lower percentile (better)

Item 20 · unit dynamics

The Growth Chart

Total units
8
Opened
2
Last reporting year
Closed
0
Turnover rate
0.0%
Company-owned
6
Corporate units in the system
% franchised
25%
vs corporate-owned
2022
2+2
Franchised units
2023
0
Franchised units
2024
0
Franchised units

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

Item 20 · 14 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 · 14 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

60
Risk · 0-100
MODERATE60 / 100

Extremely early-stage micro-franchise with opaque financial performance, minimal scale validation, and high capital requirement relative to system maturity—significant viability risk.

Score breakdown · what drove the 60 / 100 rating

  1. 01MINORNo net income disclosure (Item 19) prevents accurate ROI calculation and raises transparency concerns
  2. 02MEDOnly 8 units system-wide indicates extremely limited scale and unproven franchise model replicability
  3. 03MINORHigh initial investment ($133,700-$285,150) relative to micro-franchise size creates disproportionate risk
  4. 04MEDUnknown unit growth trajectory suggests stagnation or undisclosed closures in small franchise system
  5. 05MINORTiered royalty minimums ($0-$2,000/month) indicate inconsistent early-stage unit performance
  6. 06MINOR10-year term lock with protected territory may limit exit flexibility if underperforming

Severity inferred from the FDD text · not a regulatory classification

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

Contract & Territory Detail

Territory
Zip codes / Population / Radius
Protected territory
Yes
Initial term
10 years
Renewal term
10 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
Yes
Jury trial waiver
Yes
Non-compete
2 yrs
Post-termination restriction
Owner-operator
Required
Governing law
Texas

Item 11

Training & Operations

Classroom training
36 hrs
On-the-job training
36 hrs
POS system
Service Titan
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

14 numbers

Locked
(214) 340-••••
TX
(213) 576-••••
CA
(401) 462-••••
RI

One-time purchase · CSV download · Validation questions included

FDD download

Accurate Leak and Line · FDD (2024) PDF

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