Bio-OneFranchise Cost, Revenue & Review 2026
Data from FDD filing + SBA 7(a) records
FranchiseVerdict summary · 2026
A Bio-One franchise requires a total initial investment of $135K – $221K, including a $60K franchise fee. Per the 2025 FDD, average unit revenue was $389K[2]. SBA 7(a) loans show a 8.1% charge-off rate across 74 loans[1]. Verdict grade: B. Run a live ROI scan →
Data last verified June 18, 2026 · figures per the 2025 FDD issuance
Overview
- Investment
- $135K – $221K
- 29th pct Healthcare
- Avg gross sales
- $389K
- 9th pct Healthcare
- Royalty
- N/A
- Units
- 137
- 66th pct Healthcare
- SBA default
- 8.1%
- system-wide median varies by category
Quick verdict · Healthcare · color = vs category peers
Green = >15% above Healthcare 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
Bottom line
- Total investment $135K – $221K including a $60K franchise fee.
- Average unit revenue of $389K/year.
- Verdict B (Above Average) with a risk score of 57/100. SBA loan charge-off rate of 8.1% across 74 loans (near or below the 16% franchise average, based on all SBA 7(a) franchise lending, 2010–2024).
Item 1 · who you're contracting with
The Franchisor
- Legal entity
- Ringside Development Company d/b/a Bio-One Colorado, Inc.
- Parent company
- FS PEP Holdco, LLC
- Ultimate parent
- Princeton Equity Group, LLC
- Incorporated in
- AZ
- HQ
- 761 W. 1200 N., Springville, UT 84663
- Auditor
- Tanner LLC
- Audited financials
- Franchisor revenue
- $38.1M
- vs $47.5M prior year
Independent franchisee associations
- Franchise Advisory Council (FAC)
- Independent Franchisee Association
Franchisee-led councils or alliances disclosed in Item 20. Indicates operator voice.
Affiliated brands
- Ellie Fam
- Gotcha Covered Franchising
- Mosquito Shield Franchise
- SB Oil Change Franchising
- that provides goods or services to our franchisees
- of Pr
- CMY Franchising
- franchises as a vendor
- Five Star Bath
Other brands the franchisor or its parent operates (Item 1).
Overview
About
Bio-One franchisees operate biohazard and trauma scene cleanup services, responding to emergency cleanup calls for residential and commercial properties. Day-to-day work involves lead generation/marketing, dispatching crews to contaminated sites, performing specialized decontamination and disposal, and managing client billing and compliance documentation.
- CEO
- Ben Kramer
- Headquarters
- UT
- Founded
- 2010
- FDD year
- 2025
- States available
- 39
FDD Item 7 · 2025 filing · 17 line items
Initial investment breakdown
| Line item | Low | High | |
|---|---|---|---|
| Initial Franchise Fee (IFF)not refundable | $60K | $60K | |
| QSP Package | $40K | $40K | |
| Technology Startup Feenot refundable | $2K | $2K | |
| Annual Conference Registration Depositnot refundable | $2K | $2K | |
| Rent and Rental Improvements | $0 | $2K | |
| Furniture, Fixtures, and Equipment | $0 | $2K | |
| Computer Hardware, Software and Other Electronics | $800 | $8K | |
| Initial Training Expenses | $0 | $4K | |
| OSHA Training Feenot refundable | $2K | $2K | |
| OSHA Training Expenses | $0 | $4K | |
| Local Marketing | $9K | $15K | |
| Business Vehicle | $0 | $45K | |
| Business Vehicle Tax, Title and License | $0 | $4K | |
| Business Vehicle Insurance | $1K | $1K | |
| Certifications | $3K | $4K | |
| Insurance and Professional Services | $1K | $4K | |
| Additional Funds - 3 months | $15K | $25K | |
| Total initial investment | $135K | $221K |
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
$66K
17.0% margin
Unlevered ROIC
33%
EBITDA / total invested capital
Payback
36 mo
cash-on-cash, unlevered
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $135K – $221K
- Better than avg vs category
- Liquid capital req'd
- $15K – $25K
- Better than avg vs category
- Franchise fee
- $51K – $60K
- Near category avg vs category
- Royalty
- the greater of the applicable Minimum Royalty ($750 to $2…
- Ad fund
- 2.0%
- typical 3–5%
- Total fee load
- 9.5%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Marketing / ad fund | 2.0% of gross sales |
| Technology fee | $650 |
| Transfer fee | $15K |
| Renewal fee | $10K |
| Total fee load | 9.5% of rev |
Financial Performance
- Avg gross sales
- $389K
- Per unit, per year
- Median gross sales
- N/A
- Item 19 type
- Franchisee Average Revenues and Expenses
- Sample size
- 113 units
- vs category median 12 · large
- Range (low → high)
- $27K→$1.4M
- Cohort dispersion (min → max)
- Quartile band
- $114K→$763K
- Bottom 25% → top 25%
- Transparency tier
- revenue_only
- Categorical assessment of disclosure depth
- Transparency
- 6 / 5
- vs category median 4 / 5 · above
Compared against 201 Healthcare brands
vs Healthcare averages
How Bio-One Compares
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 137
- Opened
- 23
- Last reporting year
- Closed
- 16
- Turnover rate
- 11.7%
- Company-owned
- 0
- Corporate units in the system
- % franchised
- 100%
- vs corporate-owned
- Net growth (yr3)
- +5.4%
- Net unit change last year
- 3-yr CAGR
- +7.0%
- Compounded over last 3 years
3-year detail · Item 20
- Opened (3yr)
- 7
- Closed (3yr)
- 4
- Terminated (3yr)
- 9
- Non-renewed (3yr)
- 3
- Transfers (3yr)
- 4
- Reacquired (3yr)
- 0
- Franchisor bought back
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 13 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 7(a) and 504 loan disclosures, public data unique to FranchiseVerdict.
- Total loans
- 74
- Loan volume
- $11.8M
- Median loan
- $150K
- 50th percentile
- Charge-off rate
- 8.1%
- rates vary by category · see methodology
Historical SBA 7(a) lending data, not predictive of future performance. How SBA charge-off rates are calculated
- Repayment rate (PIF)
- 76.0%
- 5-yr charge-off
- 16.7%
- Loans approved 2021+
- Active lenders
- 13
- Defaults
- 6
Vintage analysis
Bio-One charge-off rate by loan vintage
Explore lender portfolios on Bank Reports or regional data on State Reports.
Premium insight
SBA Lending Report
Deep-dive into Bio-One's SBA lending history: lender network, geographic footprint, interest rates, and more.
SBA Lending Report
- Principal loss rate and NAICS industry benchmark
- 10 lenders with concentration factor
- Per-state charge-off rates across 15 states
- Startup risk premium and job creation velocity
- 11-year lending trend
Instant access. No subscription.
Risk analysis
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Bio-One presents HIGH RISK due to ongoing franchisee litigation, regulatory violations involving disclosure failures, undisclosed net income metrics, and slow unit growth—indicative of operational or contractual friction within the franchise system.
Litigation (Item 3)
1 case reference(s): 2 pending, 0 settled.
Largest disclosed settlement: $2,500
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · Tanner LLC
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
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 57 / 100 rating
- 01MINORActive arbitration cases from 5 named former franchisees alleging breach of contract and supply chain issues suggest systemic operational or contractual problems
- 02MINORPrior settlements with 3 states (CA, IL, WA) for registration violations and failure to disclose founder's felony convictions indicates regulatory compliance failures and governance concerns
- 03HIGHMinimal unit growth (5.4% YoY) combined with active litigation creates doubt about franchisee satisfaction and system stability
- 04MEDNet income not disclosed despite $388K average revenue—inability to demonstrate profitability is a major red flag for prospective investors
- 05MINORHigh franchise fee ($60K) relative to modest average revenue ($389K) creates breakeven pressure, especially given $750-$2,250 minimum royalties may not scale with smaller units
- 06MINORMultiple breach of contract claims specifically mentioning 'required supplies' suggests potential supply-chain captivity or margin compression issues for franchisees
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 | 10 years |
|---|---|
| Renewal term | 10 years |
| Allowed renewalsℹ | 1 |
| Territory type | Population-based |
| Protected territory | Yes |
| Territory population | 1,000,000 |
| Online sales rightsℹ | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Required |
| Non-compete (years)ℹ | 3 years |
| Non-compete (miles)ℹ | 50 mi |
| Right of first refusalℹ | Yes |
| Termination notice | 30 days |
| Curable defaultsℹ | 2 |
| Mandatory arbitration | Yes |
| Jury trial waiver | Yes |
| Governing law | Utah |
| Litigation count | 9 |
View Item 3 litigation summary
1 case reference(s): 2 pending, 0 settled.
Items 10, 11
Training & Operations
- Classroom training
- 54 hrs
- On-the-job training
- 10 hrs
- Training location
- On-site and corporate
Items 5 & 11
Franchisor Support
Item 20 · call current owners
Franchisee Contacts
21 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
Bio-One · FDD (2025) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a Bio-One franchise?
The total investment to open a Bio-One franchise ranges from $135K – $221K, with an initial franchise fee of $60K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do Bio-One franchise owners earn?
According to Item 19 of the Bio-One FDD, the average gross sales per unit is $389K. Note: this is gross revenue, not profit. Actual owner earnings vary based on location, operating costs, and management.
What is Bio-One's franchise failure rate?
Based on SBA 7(a) loan data, Bio-One has a charge-off rate of 8.1% across 74 loans, meaning 8.1% of franchise loans were charged off. Charge-off rates are one proxy for franchise risk, though they do not capture all closures. This data comes from FOIA-sourced SBA lending records.
How many Bio-One franchise locations are there?
As of their most recent FDD filing, Bio-One has 137 total units in the United States, including 120 franchised units and 0 company-owned units. 23 new units were opened in the latest reporting year.
Is Bio-One a good franchise to buy?
FranchiseVerdict rates Bio-One as a B-grade franchise with a risk score of 57 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.