FranchiseVerdict
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FV-00068·CAUTIONStandard76

Acfn

RetailFranchising since 2003Website
Investment
$38K – $58K
3rd pct Retail
Avg revenue
53rd pct Retail
Royalty
1.3%
0th pct Retail
Units
210
78th pct Retail
SBA default
0.0%
vs <3% typical

Bottom line

  • Total investment $38K – $58K including a $25K franchise fee, 1.3% ongoing royalty.
  • No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
  • Rated CAUTION with a risk score of 69/100. SBA loan default rate of 0.0% across 2 loans (below the industry average).
  • System contracting at -7.5% CAGR over 3 years. Investigate whether closures are franchisor-driven (consolidation) or franchisee-driven (economics).

Item 1 · who you're contracting with

The Franchisor

Legal entity
ACFN Franchised Inc.
Incorporated in
California
HQ
75 East Santa Clara Street, Suite 1450, San Jose, California 95113
Auditor
Simon & Edward, LLP
Audited financials
Franchisor revenue
$15.3M
vs $15.0M 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 ACFN 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: retail
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $38K–$58K
Working capital
$
FDD reports $500–$2K

Unlevered ROIC · per unit

192%

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
$94K
EBITDA margin
12.5%
Total invested
$49K
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.

Overview

About

ACFN franchisees operate [BRAND TYPE NOT PROVIDED - request clarification]. Day-to-day operations likely involve customer acquisition, service/product delivery, and local marketing within their unprotected territory while paying 1.25% brand fees to corporate.

CEO
Jeffrey D. Kerr
Founded
2002
FDD year
2026
States available
39

Item 7 · what it costs

The Vitals

Total investment
$38K – $58K
All-in to open one unit
Liquid capital
$500 – $2K
Cash you must have on hand
Franchise fee
$25K
Royalty
1.3%
Net Revenue · typical 6–8%
Ad fund
1.3%
typical 3–5%
Total fee load
2.5%
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
210
Opened
26
Last reporting year
Closed
46
Turnover rate
21.9%
Company-owned
0
Corporate units in the system
% franchised
100%
vs corporate-owned
Net growth (yr3)
-9.9%
Net unit change last year
3-yr CAGR
-7.5%
Compounded over last 3 years
2024
210-23
Franchised units
2025
233
Franchised units
2026
227
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.

Total loans
2
Loan volume
Avg loan
Default rate
0.0%
vs <3% typical · system-wide
5-yr default

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

Risk & Legal

69
Risk · 0-100
CAUTION69 / 100

ACFN presents HIGH RISK due to contracting unit count, absence of financial disclosures, questionable franchisor financial health, unprotected territories, and lack of performance benchmarks.

Score breakdown · what drove the 69 / 100 rating

  1. 01MINORSystem shrinking rapidly: 210 units declining 9.9% year-over-year indicates deteriorating franchisee satisfaction and/or market demand
  2. 02MINORNo average revenue or net income disclosure: Absence of Item 19 financial performance data prevents ROI assessment and suggests franchisor may lack strong performer data
  3. 03HIGHGoing concern status is FALSE: Indicates the franchisor itself may have financial stability issues or internal operational challenges
  4. 04MINORUnprotected territory: Franchisees face direct competition from other franchisees in same area, increasing business risk and margin compression
  5. 05MINORLow royalty rate (1.25%) masks potential profitability concerns: May indicate franchisor cannot extract sustainable fees, suggesting unit economics are weak
  6. 06MINORModest franchise fee ($25,000) relative to total investment suggests low barriers to entry and potential oversaturation risk

Severity inferred from the FDD text · not a regulatory classification

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

Contract & Territory Detail

Territory
Non-exclusive Area of Operation
Protected territory
No
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
State in which the Area of Operation is located

Item 11

Training & Operations

Classroom training
8 hrs
On-the-job training
0 hrs

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

98 numbers

Locked
(480) 234-••••
AZ
(312) 217-••••
FL
(559) 285-••••
CA

One-time purchase · CSV download · Validation questions included

FDD download

ACFN · FDD (2026) PDF

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