Ani
Formerly known as All Nevada Insurance
Bottom line
- Total investment $59K – $145K including a $25K franchise fee, 10.0% ongoing royalty.
- No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
- Rated MODERATE with a risk score of 64/100. SBA loan default rate of 0.0% across 1 loans (below the industry average).
- 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 ANI unit return on the cash you put in?
Unlevered ROIC · per unit
60%
In Yale's "attractive" band (30–60%)
Overview
About
ANI franchisees operate as independent agents generating revenue through commissions—likely in insurance, real estate, or financial services. Day-to-day work involves client acquisition, relationship management, transaction processing, and commission tracking, with 10-20% of gross commissions flowing to corporate as royalties.
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 · 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).
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
ANI presents elevated risk due to lack of financial transparency, stalled growth trajectory, escalating royalties, and corporate going concern issues that undermine long-term viability.
Score breakdown · what drove the 64 / 100 rating
- 01MINORNo average revenue or net income disclosure (Item 19) — impossible to validate investment ROI claims
- 02HIGHGoing Concern status is FALSE, suggesting potential financial instability at corporate level
- 03MINORMinimal unit growth (7.7% YoY) with only 15 total franchises — system appears stalled
- 04MINOREscalating royalty structure (10% → 15% → 20%) heavily penalizes long-term franchisees and creates cash flow pressure
- 05MEDZero territory protection in commission-based model increases direct competition between franchisees
- 06MINORSmall franchise fee ($25,000) relative to total investment suggests thin corporate margins and support resources
- 07MEDCommission-based revenue model is highly volatile and dependent on macroeconomic conditions
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
8 numbers
One-time purchase · CSV download · Validation questions included
FDD download
ANI · FDD (2023) PDF