FranchiseVerdict
Beef Jerky Experience logo
FV-00268·MODERATEExcellent91

Beef Jerky Experience

Food & Beverage - Full ServiceFranchising since 2010Website
Investment
$193K – $407K
17th pct Full Service
Avg revenue
$430K
3rd pct Full Service
Royalty
6.0%
54th pct Full Service
Units
68
77th pct Full Service
SBA default
0.0%
vs <3% typical

Bottom line

  • Total investment $193K – $407K including a $50K franchise fee, 6.0% ongoing royalty.
  • Average unit revenue of $430K/year (median $370K).
  • Rated MODERATE with a risk score of 61/100. SBA loan default rate of 0.0% across 31 loans (below the industry average).
  • System contracting at -23.2% CAGR over 3 years. Investigate whether closures are franchisor-driven (consolidation) or franchisee-driven (economics).

Item 1 · who you're contracting with

The Franchisor

Legal entity
The Beef Jerky Outlet Franchise, Inc.
Incorporated in
Tennessee
HQ
2849 Winfield Dunn Parkway, Unit 250, Kodak, TN 37764
Auditor
UHY LLP
Audited financials
Franchisor revenue
$2.4M
vs $2.7M 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 Beef Jerky Experience unit return on the cash you put in?

Revenue · per unit, per year
$
FDD Item 19 reports $430,063
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: $193K–$407K
Working capital
$
FDD reports $10K–$20K

Unlevered ROIC · per unit

20%

Below typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$65K
EBITDA margin
15.0%
Total invested
$315K
Payback
59 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 Beef Jerky Experience 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

$688K

on $3.4M purchase

Total debt

$2.8M

SBA $1.7M + senior + seller note

Overview

About

Beef Jerky Experience franchisees operate retail locations offering specialty jerky products, snacks, and branded merchandise. Day-to-day operations include retail sales, inventory management, customer service, and local marketing to drive foot traffic and repeat business.

CEO
Scott Parker
Founded
2010
FDD year
2026
States available
26

Item 7 · what it costs

The Vitals

Total investment
$193K – $407K
All-in to open one unit
Liquid capital
$10K – $20K
Cash you must have on hand
Franchise fee
$50K
Royalty
6.0%
Percentage of Gross Sales · typical 6–8%
Ad fund
2.0%
typical 3–5%
Total fee load
8.0%
vs 9–13% typical

Item 19

Financial Performance

Avg gross sales
$430K
Per unit, per year
Median gross sales
$370K
Item 19 type
Average/Median Gross Sales
Sample size
62 units
vs category median 15 · large
Range (low → high)
$93K$1.3M
Cohort dispersion
Transparency
4 / 5
vs category median 4 / 5 · typical
Revenue rank3th
vs Food & Beverage - Full Service peers
Investment cost rank17th
Lower investment ranks lower (better)
Royalty rate rank54th
Lower royalty = lower percentile (better)
Unit count rank77th
vs Food & Beverage - Full Service peers
Risk score rank45th
Lower risk = lower percentile (better)

Item 20 · unit dynamics

The Growth Chart

Total units
68
Opened
3
Last reporting year
Closed
15
Turnover rate
22.1%
Company-owned
5
Corporate units in the system
% franchised
93%
vs corporate-owned
Multi-unit owners
1.0%
Net growth (yr3)
-16.0%
Net unit change last year
3-yr CAGR
-23.2%
Compounded over last 3 years
2024
63-12
Franchised units
2025
75
Franchised units
2026
82
Franchised units

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

Item 20 · 11 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 · 11 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
31
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

61
Risk · 0-100
MODERATE61 / 100

Contracting franchise system with undisclosed profitability, franchisor financial concerns, and deteriorating unit economics warrants extreme caution.

Score breakdown · what drove the 61 / 100 rating

  1. 01MEDUnit count declined 16% YoY (68 to ~57 units) — indicates system contraction and franchisee struggles
  2. 02MINORNo net income disclosure despite $430k average revenue — suggests thin margins or franchisor hiding profitability data
  3. 03HIGHGoing Concern = False — potential financial instability at franchisor level
  4. 04MINORHigh investment range ($193k-$407k) paired with declining units signals poor ROI for current franchisees
  5. 05HIGHNo litigation disclosed but system shrinkage suggests underlying operational or support issues

Severity inferred from the FDD text · not a regulatory classification

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

Contract & Territory Detail

Territory
Radius
Protected territory
Yes
Initial term
5 years
Renewal term
5 years
Online sales rights
Restricted
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
Tennessee

Item 11

Training & Operations

Classroom training
30 hrs
On-the-job training
61 hrs

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

11 numbers

Locked
(865) 934-••••
The franchisor is The Beef Jerky Outlet Franchise, Inc., located at
TN
(317) 232-••••
IN
(785) 625-••••
KS

One-time purchase · CSV download · Validation questions included

FDD download

Beef Jerky Experience · FDD (2026) PDF

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