FranchiseVerdict
AMRAMP logo
FV-00132·MODERATEExcellent91

Amramp

OtherFranchising since 2002Website
Investment
$138K – $235K
48th pct Other
Avg revenue
$622K
22nd pct Other
Royalty
Units
54
66th pct Other
SBA default
0.0%
vs <3% typical

Bottom line

  • Total investment $138K – $235K including a $49K franchise fee.
  • Average unit revenue of $622K/year (median $348K).
  • Rated MODERATE with a risk score of 60/100. SBA loan default rate of 0.0% across 6 loans (below the industry average).

Item 1 · who you're contracting with

The Franchisor

Legal entity
AMRAMP, LLC
Incorporated in
Delaware
HQ
358 North Street, Randolph, MA 02368
Auditor
Forvis Mazars, LLP
Audited financials
Franchisor revenue
$3.9M
vs $4.2M 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 AMRAMP unit return on the cash you put in?

Revenue · per unit, per year
$
FDD Item 19 reports $621,562
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: $138K–$235K
Working capital
$
FDD reports $30K–$50K

Unlevered ROIC · per unit

44%

In Yale's "attractive" band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$99K
EBITDA margin
16.0%
Total invested
$227K
Payback
27 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 AMRAMP 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

$1.1M

on $5.6M purchase

Total debt

$4.5M

SBA $2.8M + senior + seller note

Overview

About

AMRAMP franchisees provide wheelchair ramp installation, modification, and accessibility solutions to residential and commercial clients. Day-to-day work involves customer consultations, site assessments, custom ramp design/fabrication, installation, and customer service. The business model relies on local market penetration, contractor networks, and repeat business from senior care facilities and homeowners requiring ADA compliance.

CEO
Justin Gordon
Founded
2002
FDD year
2025
States available
32

Item 7 · what it costs

The Vitals

Total investment
$138K – $235K
All-in to open one unit
Liquid capital
$30K – $50K
Cash you must have on hand
Franchise fee
$49K
Royalty
Between 3% and 12% of Gross Revenue
Ad fund
1.0%
typical 3–5%
Total fee load
4.0%
vs 9–13% typical

Item 19

Financial Performance

Avg gross sales
$622K
Per unit, per year
Median gross sales
$348K
Item 19 type
Gross Revenue
Sample size
60 units
vs category median 20 · large
Range (low → high)
$29K$2.8M
Cohort dispersion
Transparency
4 / 5
vs category median 3 / 5 · above
Revenue rank22th
vs Other peers
Investment cost rank48th
Lower investment ranks lower (better)
Royalty rate rank70th
Lower royalty = lower percentile (better)
Unit count rank66th
vs Other peers
Risk score rank41th
Lower risk = lower percentile (better)

Item 20 · unit dynamics

The Growth Chart

Total units
54
Opened
0
Last reporting year
Closed
3
Turnover rate
5.6%
Company-owned
2
Corporate units in the system
% franchised
96%
vs corporate-owned
Net growth (yr3)
-5.5%
Net unit change last year
3-yr CAGR
+2.0%
Compounded over last 3 years
2023
52-3
Franchised units
2024
55
Franchised units
2025
51
Franchised units

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

Item 20 · 31 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 · 31 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
6
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

60
Risk · 0-100
MODERATE60 / 100

AMRAMP shows meaningful contraction risk with declining unit count, opaque profitability data, and a top-heavy cost structure that warrants careful franchisee validation before investment.

Score breakdown · what drove the 60 / 100 rating

  1. 01MEDUnit count declined 5.5% year-over-year (54 units), indicating system contraction and potential franchisee struggles
  2. 02MINORNo Item 19 (average net income) disclosure prevents accurate ROI assessment despite $138k-$235k investment
  3. 03MINORWide royalty range (3-12%) suggests unclear or performance-based structure, creating unpredictable cash flow
  4. 04MINORHigh franchise fee ($49,250) represents 36% of minimum initial investment, reducing available working capital
  5. 05MINORAverage revenue of $621k is modest given service-based model; profitability margins unknown

Severity inferred from the FDD text · not a regulatory classification

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

Contract & Territory Detail

Territory
Specific geographic area
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
Jury trial waiver
Yes
Non-compete
2 yrs
Post-termination restriction
Owner-operator
Optional
Governing law
Massachusetts

Item 11

Training & Operations

Classroom training
24 hrs
On-the-job training
16 hrs
POS system
Salesforce CRM, Quickbooks
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

46 numbers

Locked
(918) 521-••••
OK
(410) 576-••••
MD
(513) 708-••••
OH

One-time purchase · CSV download · Validation questions included

FDD download

AMRAMP · FDD (2025) PDF

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