Bottom line
- Total investment $84K – $116K including a $50K franchise fee, 6.5% ongoing royalty.
- Average unit revenue of $596K/year. Estimated payback in 0.8 years.
- Rated MODERATE with a risk score of 60/100.
- Emerging franchise — only 1 year of franchising with 2 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 Cait’s Estate Sales unit return on the cash you put in?
Unlevered ROIC · per unit
82%
Above typical band (30–60%)
Levered LBO scenario · Yale Crease Capital framing
What would 25 Cait’s Estate Sales units return on equity?
Equity IRR · 5-yr
49.9%
7.57× MOIC
Year-1 DSCR
1.88×
EBITDA ÷ debt service
Equity required
$1.0M
on $5.1M purchase
Total debt
$4.1M
SBA $2.5M + senior + seller note
Overview
About
Franchisees operate estate sale services, conducting appraisals, managing liquidation events for estates, and handling client acquisition/logistics. Day-to-day operations involve scheduling estate walkdowns, marketing sales to local audiences, coordinating pickup/delivery, and managing back-office accounting and client relations.
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 · 14 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
Micro-franchise system with unverified financials, no going concern status, and insufficient operational track record to validate investment returns.
Score breakdown · what drove the 60 / 100 rating
- 01MEDOnly 2 franchise units with unknown growth trajectory indicates extremely limited system scale and unproven scalability
- 02MEDNo Item 19 financial performance representations disclosed — cannot independently verify the $596,362 average revenue claim
- 03HIGHGoing Concern status is FALSE, suggesting potential financial instability or undisclosed operational concerns at franchisor level
- 04MINORHigh franchise fee ($49,900) relative to system size creates significant franchisee risk with minimal brand infrastructure support
- 05MINOR6.5% royalty on claimed $596K revenue = ~$38,764 annual ongoing payments with only 2-unit reference base for validation
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
14 numbers
One-time purchase · CSV download · Validation questions included
FDD download
Cait’s Estate Sales · FDD (2025) PDF