FranchiseVerdict
FV-00087·MODERATEExcellent81

Al Manakeesh

Food & Beverage - Quick ServiceFranchising since 2025
Investment
$261K – $403K
53rd pct Quick Service
Avg revenue
$180K
1st pct Quick Service
Royalty
5.0%
14th pct Quick Service
Units
1
3rd pct Quick Service
SBA default

Bottom line

  • Total investment $261K – $403K including a $30K franchise fee, 5.0% ongoing royalty.
  • Average unit revenue of $180K/year (median $171K).
  • Rated MODERATE with a risk score of 65/100.
  • Emerging franchise — only 1 year of franchising with 1 units. Early-stage systems carry higher risk but may offer better territory availability.

Item 1 · who you're contracting with

The Franchisor

Legal entity
Al Manakeesh Franchising, LLC
Incorporated in
Ohio
HQ
10303 Oxford Avenue, Chicago Ridge, IL 60415
Auditor
Maloney + Novotny LLC
Audited financials

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 Al Manakeesh unit return on the cash you put in?

Revenue · per unit, per year
$
FDD Item 19 reports $179,564
Franchisor take · royalty + ad fund
Royaltytyp 68%
%
Ad fundtyp 35%
%
Operating costs · category default: qsr
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $261K–$403K
Working capital
$
FDD reports $25K–$40K

Unlevered ROIC · per unit

8%

Below typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$29K
EBITDA margin
16.0%
Total invested
$365K
Payback
152 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 Al Manakeesh units return on equity?

Edit assumptions

Equity IRR · 5-yr

49.9%

7.57× MOIC

Year-1 DSCR

1.88×

EBITDA ÷ debt service

Equity required

$323K

on $1.6M purchase

Total debt

$1.3M

SBA $0.8M + senior + seller note

Overview

About

Al Manakeesh franchisees operate quick-service Middle Eastern restaurants specializing in Levantine flatbread sandwiches and prepared foods. Daily operations include food preparation, inventory management, customer service, and counter/delivery operations in a small-format location. The business model appears designed for high-volume, lower-ticket transactions with focus on lunch and dinner dayparts.

CEO
Mohammad Atieh
Founded
2025
FDD year
2025
States available
1

Item 7 · what it costs

The Vitals

Total investment
$261K – $403K
All-in to open one unit
Liquid capital
$25K – $40K
Cash you must have on hand
Franchise fee
$30K
Royalty
5.0%
Percentage of Gross Sales with weekly minimum · typical 6–8%
Ad fund
1.0%
typical 3–5%
Total fee load
6.0%
vs 9–13% typical

Item 19

Financial Performance

Avg gross sales
$180K
Per unit, per year
Median gross sales
$171K
Item 19 type
Historical Gross Sales
Sample size
1 units
vs category median 37 · small
Range (low → high)
$162K$215K
Cohort dispersion
Transparency
4 / 5
vs category median 4 / 5 · typical
Revenue rank1th
vs Food & Beverage - Quick Service peers
Investment cost rank53th
Lower investment ranks lower (better)
Royalty rate rank14th
Lower royalty = lower percentile (better)
Unit count rank3th
vs Food & Beverage - Quick Service peers
Risk score rank67th
Lower risk = lower percentile (better)

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
2023
0±0
Franchised units
2024
0
Franchised units
2025
0
Franchised units

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

Item 20 · 5 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 · 5 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

65
Risk · 0-100
MODERATE65 / 100

Extreme early-stage risk: only 1 operating unit, undisclosed profitability, franchisor going concern issues, and unsustainable royalty structure create a speculative investment with no peer validation.

Score breakdown · what drove the 65 / 100 rating

  1. 01MINOROnly 1 unit operating — no franchise system growth or validation; impossible to assess scalability or franchisee success patterns
  2. 02HIGHGoing Concern status is FALSE — indicates franchisor financial distress or operational instability
  3. 03MEDNet income not disclosed — lack of financial transparency prevents ROI analysis; only gross revenue ($179,564) provided
  4. 04MINORHigh minimum royalty ($1,000/week = $52,000/year) represents 29% of average gross revenue — unsustainable for underperforming locations
  5. 05MINORMinimal franchisee base (1 unit) suggests either brand is brand new, failing, or franchisor cannot recruit/retain franchisees
  6. 06HIGHNo litigation disclosure provided — unclear if this means none exists or if information was withheld
  7. 07MINOR10-year term is long given unproven single-unit track record and franchisor stability concerns

Severity inferred from the FDD text · not a regulatory classification

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

Contract & Territory Detail

Territory
Radius
Protected territory
Yes
Initial term
10 years
Renewal term
10 years
Online sales rights
Granted
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
Non-compete
2 yrs
Post-termination restriction
Owner-operator
Optional
Governing law
Ohio

Item 11

Training & Operations

Classroom training
0 hrs
On-the-job training
108 hrs
POS system
Square
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

7 numbers

Locked
(212) 416-••••
NY
(410) 576-••••
MD
(804) 371-••••
VA

One-time purchase · CSV download · Validation questions included

FDD download

Al Manakeesh · FDD (2025) PDF

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