Alsies
Bottom line
- Total investment $129K – $190K including a $50K franchise fee, 6.0% ongoing royalty.
- Average unit revenue of $304K/year. Estimated payback in 1.2 years.
- Rated MODERATE with a risk score of 63/100. SBA loan default rate of 0.0% across 2 loans (below the industry average).
- Emerging franchise — only 2 years of franchising with 5 units. Early-stage systems carry higher risk but may offer better territory availability.
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 Alsies unit return on the cash you put in?
Unlevered ROIC · per unit
20%
Below typical band (30–60%)
Levered LBO scenario · Yale Crease Capital framing
What would 25 Alsies units return on equity?
Equity IRR · 5-yr
49.9%
7.57× MOIC
Year-1 DSCR
1.88×
EBITDA ÷ debt service
Equity required
$243K
on $1.2M purchase
Total debt
$974K
SBA $0.6M + senior + seller note
Overview
About
Alsies franchisees operate a service or retail business model (specific vertical unclear from provided data). Day-to-day responsibilities likely include customer service delivery, inventory/operations management, local marketing, and weekly reporting of gross revenue for 6% royalty calculation. The protected territory model suggests location-based, non-transferable rights.
Item 7 · what it costs
The Vitals
Item 19
Financial Performance
Item 20 · unit dynamics
The Growth Chart
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 18 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
Micro-franchise system with undisclosed growth, unverified financial claims, and franchisor going concern issues presents elevated operational and financial risk despite reasonable unit economics.
Score breakdown · what drove the 63 / 100 rating
- 01MINOROnly 5 units system-wide with unknown/stagnant growth trajectory raises scalability and sustainability concerns
- 02HIGHGoing Concern status = FALSE indicates potential financial distress or structural viability issues at franchisor level
- 03MEDNo Item 19 (financial performance representations) disclosed — cannot independently verify the $133,406 avg net income claim
- 04MINORExtremely small franchisee base (5 units) limits ability to validate claims and suggests difficulty recruiting/retaining operators
- 05MINORHigh initial investment ($128,550–$189,600) combined with unknown unit growth creates payback risk in underdeveloped system
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
18 numbers
One-time purchase · CSV download · Validation questions included
FDD download
Alsies · FDD (2025) PDF