Another Side ToursFranchise Cost, Revenue & Review 2026
Data from FDD filing + SBA 7(a) records
FranchiseVerdict summary · 2026
A Another Side Tours franchise requires a total initial investment of $116K – $170K, including a $30K franchise fee and an ongoing 5.0% royalty[2]. Per the 2025 FDD, average unit revenue was $611K[2]. Verdict grade: A. Run a live ROI scan →
Data last verified June 18, 2026 · figures per the 2025 FDD issuance
Overview
- Investment
- $116K – $170K
- 10th pct Recreation & …
- Avg gross sales
- $611K
- 10th pct Recreation & …
- Royalty
- 5.0%
- 1st pct Recreation & …
- Units
- 3
- 11th pct Recreation & …
- SBA default
- N/A
Quick verdict · Recreation & Entertainment · color = vs category peers
Green = >15% above Recreation & Entertainment avg · No shading = within ±15% · Red = >15% below avg · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
Each dollar invested generates 4.3x in gross revenue, well above the typical 1.5-2.5x range.
Started franchising in 2025. Newer systems carry more uncertainty but may offer better territories.
The franchisor's auditor raised doubt about continued operations. This is a serious risk signal.
Bottom line
- Total investment $116K – $170K including a $30K franchise fee, 5.0% ongoing royalty.
- Average unit revenue of $611K/year.
- Verdict A (Top Quintile) with a risk score of 50/100.
- Auditor disclosed a going-concern note, which flagged doubt about the franchisor's ability to continue operations. Verify against the latest FDD.
Item 1 · who you're contracting with
The Franchisor
- Legal entity
- One Tour At A Time, LLC
- Parent company
- Another Side Tours, Inc.
- Incorporated in
- NV
- HQ
- 11700 W. Charleston BLVD, #170-001, Las Vegas, Nevada 89135
- Auditor
- A+G LLP
- Audited financials
- ⚠ Going-concern note
- Disclosed in FDD 2025
- Auditor flagged doubt about continued operations. Verify against the latest FDD before deciding.
Affiliated brands
- which operates tours in Clark County
Other brands the franchisor or its parent operates (Item 1).
Overview
About
Another Side Tours operates guided tour experiences (likely destination-based sightseeing or specialty tours). Franchisees manage tour operations, customer acquisition, scheduling, guide coordination, and day-to-day tour execution while remitting 5% of gross sales as royalties to the franchisor.
- CEO
- Kenneth C. Lippman
- Headquarters
- NV
- Founded
- 2024
- FDD year
- 2025
- States available
- 2
FDD Item 7 · 2025 filing · 19 line items
Initial investment breakdown
| Line item | Low | High | |
|---|---|---|---|
| Initial Franchise Fee | $30K | $30K | |
| Deposits - Office Lease, Utility & Security Deposits | $5K | $6K | |
| Office Furniture and Fixtures | $500 | $3K | |
| Office Rent & Utilities (Three months) | $5K | $9K | |
| Office Supplies | $500 | $1K | |
| Office Equipment & Computer Hardware | $3K | $5K | |
| CRM/Back Office System | $4K | $4K | |
| Business Telephone & Internet (includes Call Rail) | $1K | $1K | |
| Equipment Used in Operations | $15K | $35K | |
| Vehicle Lease or Loan Payment (3 months) | $9K | $12K | |
| Vehicle Expense (Fuel, Maintenance and Insurance for 3 months) | $5K | $9K | |
| Materials and Supplies (3 months) | $500 | $2K | |
| Recruiting, Screening & Onboarding of Initial Staff | $500 | $750 | |
| Professional Fees | $4K | $5K | |
| Insurance (Automobile and General Liability) | $3K | $5K | |
| Licenses, Memberships and Subscriptions | $500 | $2K | |
| Training Expenses (travel, meals, board) | $2K | $3K | |
| Initial Launch Advertising/Marketing | $4K | $8K | |
| Additional Funds (Working Capital) | $25K | $30K | |
| Total initial investment | $116K | $170K |
Line items extracted from FDD Item 7. Ranges reflect the franchisor's stated low and high per line. Total is the sum of line-item lows / highs — actual costs may fall outside this range depending on market and build-out scope.
Single-unit · estimated
Returns at a glance
Indicative numbers using FDD Item 7 / Item 19 inputs and category-benchmarked cost ratios. Full single-unit, 25-unit portfolio, and LBO models (with every input editable to stress-test your own scenario) live on the financials page.
Store EBITDA · annual
$98K
16.0% margin
Unlevered ROIC
57%
EBITDA / total invested capital
Payback
21 mo
cash-on-cash, unlevered
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $116K – $170K
- Better than avg vs category
- Liquid capital req'd
- $25K – $30K
- Better than avg vs category
- Franchise fee
- $30K – $30K
- Better than avg vs category
- Royalty
- 5.0%
- percentage_of_gross · typical 6–8%
- Ad fund
- 2.0%
- typical 3–5%
- Total fee load
- 7.0%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 5.0% of gross sales |
| Marketing / ad fund | 2.0% of gross sales |
| Technology fee | $200 |
| Transfer fee | $23K |
| Renewal fee | $3K |
| Total fee load | 7.0% of rev |
Financial Performance
- Avg gross sales
- $611K
- Per unit, per year
- Median gross sales
- N/A
- Item 19 type
- gross_sales
- Sample size
- 3 units
- vs category median 5
- Range (low → high)
- $182K→$1.0M
- Cohort dispersion (min → max)
- Transparency
- 4 / 5
- vs category median 4 / 5 · typical
Compared against 176 Recreation & Entertainment brands
Revenue is 4.3x the investment midpoint. At typical franchise margins, this suggests a payback under 3 years.
vs Recreation & Entertainment averages
How Another Side Tours Compares
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 3
- Opened
- 0
- Last reporting year
- Closed
- 0
- Turnover rate
- 0.0%
- Company-owned
- 3
- Corporate units in the system
- % franchised
- 0%
- vs corporate-owned
3-year detail · Item 20
- Opened (3yr)
- 0
- Closed (3yr)
- 0
- Terminated (3yr)
- 0
- Non-renewed (3yr)
- 0
- Transfers (3yr)
- 0
- Reacquired (3yr)
- 0
- Franchisor bought back
- Projected new
- 8
- Franchisor's next-year forecast
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 6 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 contact records (FDD Item 20). Shows states with at least one current operator on file. Full state registration data (Item 12) will appear on a future FDD refresh.
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA loan disclosures. This brand has only 1 7(a) loan on file; statistical reliability is limited below 10 loans.
- Total loans
- 1
- Loan volume
- N/A
- Amount data pending
- Median loan
- N/A
- Charge-off rate
- N/A
Historical SBA 7(a) lending data, not predictive of future performance. How SBA charge-off rates are calculated
- Repayment rate (PIF)
- N/A
- 5-yr charge-off
- N/A
- Loans approved 2021+
- Active lenders
- 0
- Defaults
- 0
Explore lender portfolios on Bank Reports or regional data on State Reports.
Risk analysis
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Micro-franchise system (3 units) with undisclosed profitability metrics and high investment relative to system size presents moderate-to-high risk without verifiable unit economics.
Litigation (Item 3)
0 case reference(s): 0 pending, 0 settled.
Largest disclosed settlement: $30,000
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · A+G LLP⚠ Going-concern note flagged
Supplier relationship · Items 8 & 16
- Franchisor sells you products: No
- Must buy proprietary products: No
- Restricted to system-approved products: No
Score breakdown · what drove the 50 / 100 rating
- 01MINOROnly 3 units in system with unknown growth trajectory raises scalability and viability concerns
- 02MEDNet income not disclosed in Item 19 prevents accurate ROI calculation and profitability assessment
- 03MINORHigh initial investment ($116k-$170k) relative to only 3 existing franchises suggests unproven unit economics
- 04MINORAverage revenue of $552k is solid but without net income data, actual franchisee profitability is opaque
- 05MINOR7-year term is longer than industry standard (5 years typical), reducing exit flexibility
Severity inferred from the FDD text · not a regulatory classification
FDD Items 5, 6, 12, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 7 years |
|---|---|
| Renewal term | 5 years |
| Allowed renewalsℹ | 1 |
| Territory type | Geographic |
| Protected territory | Yes |
| Online sales rights | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Required |
| Non-compete (years)ℹ | 1.5 years |
| Right of first refusalℹ | Yes |
| Termination notice | 30 days |
| Curable defaultsℹ | 3 |
| Mandatory arbitration | No |
| Jury trial waiver | Yes |
| Governing law | Nevada |
| Litigation count | 0 |
View Item 3 litigation summary
0 case reference(s): 0 pending, 0 settled.
Items 10, 11
Training & Operations
- Classroom training
- 15 hrs
- On-the-job training
- 25 hrs
- Training location
- On-site and corporate
- Franchisor financing
- Offered
- Item 10
- POS system
- booking software
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: booking software
Item 20 · call current owners
Franchisee Contacts
12 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
Another Side Tours · FDD (2025) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a Another Side Tours franchise?
The total investment to open a Another Side Tours franchise ranges from $116K – $170K, with an initial franchise fee of $30K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do Another Side Tours franchise owners earn?
According to Item 19 of the Another Side Tours FDD, the average gross sales per unit is $611K. Note: this is gross revenue, not profit. Actual owner earnings vary based on location, operating costs, and management.
What is Another Side Tours's franchise failure rate?
SBA 7(a) loan charge-off data is not available for Another Side Tours (fewer than 10 loans on file). Charge-off rates are one way to gauge franchise risk, but not all franchise loans go through the SBA program. We recommend reviewing turnover and closure data in the FDD and speaking with current franchisees.
How many Another Side Tours franchise locations are there?
As of their most recent FDD filing, Another Side Tours has 3 total units in the United States, including 0 franchised units and 3 company-owned units.
Is Another Side Tours a good franchise to buy?
FranchiseVerdict rates Another Side Tours as a A-grade franchise with a risk score of 50 out of 100, based on our analysis of investment costs, revenue data, SBA loan performance, and growth trends. Our rating is based solely on publicly available FDD and government data; we recommend speaking with current franchisees before making any investment decision. This is not investment advice.
Data sourced from public FDD filings and SBA 7(a) FOIA records. Not financial advice.
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Data extracted from public FDD filings and SBA 7(a) loan disclosures (FOIA). This information is provided for research purposes only and does not constitute financial, legal, or investment advice. Verify all figures with the franchisor's current Franchise Disclosure Document before making any investment decision.