Big Frog Custom T-Shirts
Bottom line
- Total investment $164K – $323K including a $60K franchise fee.
- Average unit revenue of $514K/year (median $425K).
- Rated STRONG with a risk score of 54/100. SBA loan default rate of 0.0% across 55 loans (below the industry average).
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 Big Frog Custom T-Shirts unit return on the cash you put in?
Unlevered ROIC · per unit
14%
Below typical band (30–60%)
Levered LBO scenario · Yale Crease Capital framing
What would 25 Big Frog Custom T-Shirts units return on equity?
Equity IRR · 5-yr
49.9%
7.57× MOIC
Year-1 DSCR
1.88×
EBITDA ÷ debt service
Equity required
$51K
on $257K purchase
Total debt
$205K
SBA $0.1M + senior + seller note
Overview
About
Big Frog Custom T-Shirts franchisees operate retail and/or online storefronts selling custom-printed apparel, merchandise, and promotional products to consumers, businesses, and organizations. Day-to-day operations include customer service, design consultation, order processing, screen printing/embroidery production, quality control, and local marketing/sales development within their protected territory.
Item 7 · what it costs
The Vitals
Item 19
Financial Performance
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.
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Active franchisee litigation, non-disclosed profitability data, small/stagnant unit base, and financial stability concerns make this a speculative investment requiring extensive validation before proceeding.
Score breakdown · what drove the 54 / 100 rating
- 01HIGHActive litigation with franchisee (Adroit 365) involving breach of contract and conversion claims, with franchisor counterclaim for trademark infringement suggests systemic operational/relationship issues
- 02MEDNet income not disclosed in FDD Item 19 despite $513k average revenue — impossible to assess actual profitability or ROI on $164k-$323k investment
- 03MINORRoyalty structure creates cash flow pressure: $1,200/month minimum ($14,400/year) represents 2.8% of average revenue even before growth, limiting franchisee margins
- 04MINOROnly 74 units system-wide with unknown growth trajectory — insufficient scale and transparency on unit growth/attrition rates
- 05HIGHGoing Concern flag is FALSE (meaning concern exists) — franchisor financial stability questions despite modest unit base
- 06MEDHigh initial investment ($163k-$323k) combined with undisclosed profitability metrics creates unfavorable risk/reward profile
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
15 numbers
One-time purchase · CSV download · Validation questions included
FDD download
Big Frog Custom T-Shirts · FDD (2025) PDF