Bottom line
- Total investment $702K – $2.4M including a $50K franchise fee, 6.0% ongoing royalty.
- Average unit revenue of $2.4M/year (median $2.4M). Estimated payback in 4.4 years.
- Rated MODERATE with a risk score of 63/100.
- Emerging franchise — only 1 year of franchising with 12 units. Early-stage systems carry higher risk but may offer better territory availability.
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 Birdcall unit return on the cash you put in?
Unlevered ROIC · per unit
22%
Below typical band (30–60%)
Levered LBO scenario · Yale Crease Capital framing
What would 25 Birdcall units return on equity?
Equity IRR · 5-yr
31.8%
3.97× MOIC
Year-1 DSCR
2.54×
EBITDA ÷ debt service
Equity required
$7.0M
on $17.1M purchase
Total debt
$10.1M
SBA $5.0M + senior + seller note
Overview
About
Franchisees operate quick-service restaurant locations focused on poultry-based offerings (likely chicken-centric menu). Day-to-day operations include inventory management, food preparation, customer service, staffing, local marketing, and compliance with brand standards across a 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 · 30 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.
No SBA loan data available for this brand.
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Birdcall presents caution-level risk due to tiny unit count with unknown growth, absence of Item 19 disclosure, franchisor financial instability, and thin unit-level profitability relative to high capital requirements.
Score breakdown · what drove the 63 / 100 rating
- 01MINOROnly 12 units system-wide with unknown/stagnant growth trajectory raises expansion viability concerns
- 02MEDNo Item 19 financial performance representation disclosed despite $2.4M max investment requirement
- 03MINORWide investment range ($702K-$2.4M) with $350K avg net income suggests inconsistent unit economics or high variability in performance
- 04HIGHGoing Concern status is FALSE — potential financial instability at franchisor level affects support infrastructure
- 05MINOR14.3% net margin (350K/2.44M) is modest for QSR with 6% royalty, leaving thin cushion for overhead and debt service on $702K-$2.4M SBA loans
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
30 numbers
One-time purchase · CSV download · Validation questions included
FDD download
Birdcall · FDD (2025) PDF