Bottom line
- Total investment $5K – $55K including a $10K franchise fee.
- No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
- Rated MODERATE with a risk score of 62/100.
- 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
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 AmSpirit Business Connections unit return on the cash you put in?
Unlevered ROIC · per unit
372%
Above typical band (30–60%)
Overview
About
AmSpirit Business Connections franchisees operate networking and business referral groups that facilitate connections between local business owners and professionals. Day-to-day activities include hosting weekly or monthly meetings, recruiting and retaining members, facilitating introductions, managing membership communications, and driving revenue through membership dues and event fees.
Item 7 · what it costs
The Vitals
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
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 15 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.
No SBA loan data available for this brand.
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
AmSpirit presents caution-level risk due to undisclosed financial performance, anemic unit growth, unprotected territory, and lack of transparent ROI benchmarks in a 19-unit system.
Score breakdown · what drove the 62 / 100 rating
- 01MEDNo average revenue or net income disclosed in FDD Item 19 — impossible to validate ROI claims
- 02MEDMinimal unit growth (5.9% YoY) with only 19 total units suggests weak system traction and limited proven model
- 03MINORUnprotected territory creates direct competition risk from other AmSpirit franchisees in your market
- 04MINORWide investment range ($4,900–$54,600) lacks clarity on what drives cost variance and actual startup requirements
- 05MINOR7% royalty on gross revenues (not net) means you pay fees even during unprofitable months
- 06MINOR10-year term is lengthy given unproven unit economics and minimal system maturity
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
38 numbers
One-time purchase · CSV download · Validation questions included
FDD download
AmSpirit Business Connections · FDD (2025) PDF