FranchiseVerdict
Boat Sitters logo
FV-00344·MODERATEStandard62Pre-opening

Boat Sitters

OtherFranchising since 2024Website
Investment
$42K – $128K
12th pct Other
Avg revenue
50th pct Other
Royalty
15.0%
62nd pct Other
Units
0
0th pct Other
SBA default

Bottom line

  • Total investment $42K – $128K including a $25K franchise fee, 15.0% ongoing royalty.
  • No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
  • Rated MODERATE with a risk score of 65/100.
  • Auditor disclosed a going-concern note — 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
Boatsitters.com Incorporated
Incorporated in
Florida
HQ
458 Shore Road, Old Lyme, Connecticut 06371
Auditor
Nicola, Yester & Company, P.C.
Audited financials
Franchisor revenue
$0
vs $0 prior year
⚠ Going-concern note
Disclosed in FDD 2025
Auditor flagged doubt about continued operations. Verify against the latest FDD before deciding.

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 Boat Sitters unit return on the cash you put in?

Revenue · per unit, per year
$
Item 19 not disclosed — typing your own estimate
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: $42K–$128K
Working capital
$
FDD reports $1K–$3K

Unlevered ROIC · per unit

52%

In Yale's "attractive" band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$45K
EBITDA margin
6.0%
Total invested
$87K
Payback
23 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.

Overview

About

Boat Sitters franchisees provide boat care, maintenance, and inspection services for boat owners. Day-to-day operations include scheduling client visits, performing safety inspections, conducting routine maintenance (cleaning, winterization, storage checks), and generating service reports. Revenue derives from initial inspection fees (subject to 15% royalty) and ongoing general services like maintenance and monitoring (subject to 6% royalty).

CEO
Mark Brett
Founded
2021
FDD year
2025
States available
0

Item 7 · what it costs

The Vitals

Total investment
$42K – $128K
All-in to open one unit
Liquid capital
$1K – $3K
Cash you must have on hand
Franchise fee
$25K
Royalty
15.0%
Percentage of Gross Sales · typical 6–8%
Ad fund
2.0%
typical 3–5%
Total fee load
17.0%
vs 9–13% typical

Item 19

Financial Performance

This franchisor did not disclose financial performance representations in Item 19, or our extractor could not parse them.

Item 20 · unit dynamics

The Growth Chart

Total units
0
Opened
0
Last reporting year
Closed
0
Company-owned
0
Corporate units in the system
Multi-unit owners
50.0%
2023
0±0
Franchised units
2024
0
Franchised units
2025
0
Franchised units

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

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

65
Risk · 0-100
MODERATE65 / 100

Pre-revenue or dormant franchise system with zero units, hidden financials, unprotected territory, and aggressive royalty structure presents substantial investment risk.

Score breakdown · what drove the 65 / 100 rating

  1. 01MINORZero existing franchise units suggests brand is pre-revenue or experiencing complete system collapse
  2. 02MEDFinancial metrics (revenue and net income) completely undisclosed — inability or unwillingness to provide Item 19 is major red flag
  3. 03MINORUnprotected territory creates direct competition risk; multiple franchisees could saturate same market
  4. 04MINORDual royalty structure (15% + 6%) totaling up to 21% is exceptionally high and compounds profitability risk
  5. 05MINORHigh franchise fee ($25,000) relative to investment floor ($41,800) suggests front-loaded franchisor revenue model
  6. 06MEDNo disclosed franchisee count makes growth trajectory and system viability impossible to validate

Severity inferred from the FDD text · not a regulatory classification

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

Contract & Territory Detail

Territory
Geographic Area
Protected territory
No
Initial term
10 years
Renewal term
10 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
Required
Governing law
Connecticut

Item 11

Training & Operations

Classroom training
21 hrs
On-the-job training
3 hrs
POS system
HarborTech
Operating tech stack

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.

No franchisee contacts available for Boat Sitters. This brand's FDD Item 20 did not include a contactable franchisee list.

FDD download

Boat Sitters · FDD (2025) PDF

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