Bombshells Restaurant & Bar
Formerly known as Build My Burgers
Bottom line
- Total investment $2.1M – $5.7M including a $50K franchise fee, 5.5% ongoing royalty.
- Average unit revenue of $4.6M/year (median $4.6M).
- Rated MODERATE with a risk score of 57/100. SBA loan default rate of 0.0% across 361 loans (below the industry average).
- 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
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 Bombshells Restaurant & Bar unit return on the cash you put in?
Unlevered ROIC · per unit
17%
Below typical band (30–60%)
Levered LBO scenario · Yale Crease Capital framing
What would 25 Bombshells Restaurant & Bar units return on equity?
Equity IRR · 5-yr
24.6%
3.00× MOIC
Year-1 DSCR
3.45×
EBITDA ÷ debt service
Equity required
$20.9M
on $36.9M purchase
Total debt
$16.1M
SBA $5.0M + senior + seller note
Overview
About
Franchisees operate casual dining restaurants featuring American fare, spirits, and entertainment in a bar/lounge atmosphere. Day-to-day operations include restaurant management, staff scheduling, inventory/food cost control, and customer service across full-service dining and bar operations.
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 12 · 1 state reported
The Territory Map
FDD Item 12 reports the state count, but the specific list isn't in our current data. The map will appear once we re-extract from the FDD or enough franchisee contacts are available.
1
states with franchisees (per FDD Item 12)
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
Bombshells presents elevated risk due to parent company going concern status, $4M+ litigation history indicating governance failures, undisclosed unit profitability, and stagnant franchisee base of only 12 units.
Score breakdown · what drove the 57 / 100 rating
- 01HIGHGoing concern status indicates parent company financial distress despite $4.6M avg unit revenue
- 02HIGHThree major litigation settlements totaling $4M+ involving shareholder derivative, securities class action, and SEC penalties suggest governance/compliance failures at corporate level
- 03MINOROnly 12 units with unknown growth trajectory raises questions about system viability and franchisee recruitment success
- 04MEDNet income not disclosed in Item 19 prevents ROI validation; with 5.5% royalty on $4.6M revenue = $253K annual fee burden
- 05MEDHigh investment range ($2.1M–$5.6M) combined with undisclosed profitability creates significant return uncertainty
- 06MINORSEC settlement regarding executive compensation and related party transactions suggests potential misuse of franchisor resources
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
2 numbers
One-time purchase · CSV download · Validation questions included
FDD download
Bombshells Restaurant & Bar · FDD (2024) PDF