Bottom line
- Total investment $9K – $2.1M including a $25K franchise fee.
- No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
- Rated MODERATE with a risk score of 57/100. SBA loan default rate of 0.0% across 13 loans (below the industry average).
- System contracting at -9.9% CAGR over 3 years. Investigate whether closures are franchisor-driven (consolidation) or franchisee-driven (economics).
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 Canteen unit return on the cash you put in?
Unlevered ROIC · per unit
6%
Below typical band (30–60%)
Overview
About
Canteen franchisees operate vending machine and micro-market businesses, stocking and servicing machines with snacks, beverages, and other consumer products placed at corporate offices, warehouses, and facilities. Day-to-day responsibilities include machine restocking, cash collection, customer service, maintenance, and route management across their protected territory.
Item 7 · what it costs
The Vitals
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
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 22 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.
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Canteen presents elevated risk due to contracting franchise system, undisclosed unit economics, active litigation exposure, and lack of franchisee financial transparency required for informed investment decisions.
Score breakdown · what drove the 57 / 100 rating
- 01MINORUnit count declining 7.4% YoY (261 units) signals system contraction and potential market saturation or franchisee dissatisfaction
- 02MINORNo Item 19 financial disclosure (Avg Revenue/Net Income) prevents evaluation of actual franchisee profitability and ROI
- 03HIGHActive litigation involving class actions (credit card surcharge notifications, Illinois Biometric Act) creates legal liability exposure and potential compliance costs
- 04MINORWide investment range ($9,150–$2.1M) suggests highly variable unit economics and unclear capital requirements
- 05MINOR15-year term is lengthy commitment given declining unit trajectory and unproven financials
- 06MINORRoyalty structure up to 5.25% on gross sales (not net) creates ongoing margin pressure without visibility into profitability thresholds
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
96 numbers
One-time purchase · CSV download · Validation questions included
FDD download
Canteen · FDD (2026) PDF