FranchiseVerdict
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FV-00071·CAUTIONStandard76

AcuSpray

Real EstateFranchising since 2023Website
Investment
$148K – $328K
91st pct Real Estate
Avg revenue
32nd pct Real Estate
Royalty
Units
1
1st pct Real Estate
SBA default

Bottom line

  • Total investment $148K – $328K including a $50K franchise fee.
  • No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
  • Rated CAUTION with a risk score of 75/100.
  • No Item 19 financial performance representation. Without franchisor-disclosed revenue data, you'll need to gather unit economics directly from existing franchisees.

Item 1 · who you're contracting with

The Franchisor

Legal entity
AcuSpray Franchising, LLC
Parent company
The Aptivo Group, LLC
Incorporated in
Texas
HQ
129 S. Main Street, Suite 260, Grapevine, Texas 76051
Auditor
Muhammad Zubairy, CPA PC
Audited financials
Franchisor revenue
$0
Most recent fiscal 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 AcuSpray 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: generic
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $148K–$328K
Working capital
$
FDD reports $15K–$30K

Unlevered ROIC · per unit

43%

In Yale's "attractive" band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$113K
EBITDA margin
15.0%
Total invested
$260K
Payback
28 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

AcuSpray franchisees operate spray application service businesses, likely in therapeutic, wellness, or industrial coating sectors. Daily operations involve client acquisition, service delivery via spray technology, equipment maintenance, and compliance with safety/regulatory standards. The business model appears service-based with recurring revenue potential, but lacks disclosed operational benchmarks.

CEO
Jeff Bickley
Founded
2023
FDD year
2024
States available
1

Item 7 · what it costs

The Vitals

Total investment
$148K – $328K
All-in to open one unit
Liquid capital
$15K – $30K
Cash you must have on hand
Franchise fee
$50K
Royalty
Greater of 20% of Gross Sales or Minimum Monthly Royalty …
Ad fund
2.0%
typical 3–5%
Total fee load
22.0%
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
1
Opened
0
Last reporting year
Closed
0
Turnover rate
0.0%
Company-owned
1
Corporate units in the system
% franchised
0%
vs corporate-owned
2022
0±0
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 · 3 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 · 3 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

75
Risk · 0-100
CAUTION75 / 100

AcuSpray presents HIGH RISK due to a single-unit system with undisclosed financials, going concern issues, and unproven ROI potential masked by aggressive royalty structures.

Score breakdown · what drove the 75 / 100 rating

  1. 01MINOROnly 1 franchise unit in system with unknown growth trajectory indicates nascent/failing system
  2. 02MEDNo average revenue or net income disclosure (missing Item 19) prevents ROI validation and suggests poor performance
  3. 03MINORHigh royalty structure (20% of gross sales or minimum monthly fee) with no profitability data creates cash flow risk
  4. 04HIGHGoing Concern = FALSE indicates franchisor financial distress or stability questions
  5. 05MINORNo protected territory in single-unit system creates direct competition risk
  6. 06MINORHigh initial investment ($148k-$327k) relative to unproven concept with no performance benchmarks
  7. 07MINOR5-year term with unverified unit economics creates long-term commitment 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
Geographic area
Protected territory
No
Initial term
5 years
Renewal term
5 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
Optional
Governing law
Texas

Item 11

Training & Operations

Classroom training
25 hrs
On-the-job training
19 hrs
POS system
Jobber and Quickbooks online
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

3 numbers

Locked
(360) 902-••••
UT
(701) 328-••••
NC
(212) 416-••••
NY

One-time purchase · CSV download · Validation questions included

FDD download

AcuSpray · FDD (2024) PDF

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