Bottom line
- Total investment $23K – $1.3M including a $14K franchise fee.
- No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
- Rated MODERATE with a risk score of 62/100. SBA loan default rate of 0.0% across 2 loans (below the industry average).
- System growing at 316.7% CAGR over 3 years with 129 total units — strong expansion trajectory.
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 Casago unit return on the cash you put in?
Unlevered ROIC · per unit
17%
Below typical band (30–60%)
Overview
About
Casago franchisees operate short-term rental property management businesses, handling guest acquisition, property maintenance, cleaning, and customer service for vacation rental portfolios. Franchisees leverage the Casago platform, branding, and booking channels to generate gross rental revenues from which they pay the sliding-scale royalty. The business model emphasizes portfolio scale (evidenced by royalty tiers reaching 1.5% above $10M in revenues) and depends heavily on local property sourcing and guest experience management.
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 · 26 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
Casago presents elevated risk due to active litigation alleging misrepresentation, explosive unvetted growth, non-transparent Unit Economics, and a zero-fee/high-royalty model that may prioritize franchisor revenue over franchisee profitability.
Score breakdown · what drove the 62 / 100 rating
- 01HIGHTwo active litigation cases including misrepresentation allegations and wrongful termination dispute signal potential franchisor-franchisee relationship problems
- 02MINORExplosive unit growth of 237.8% YoY raises sustainability concerns and suggests possible aggressive recruitment over support
- 03MINORZero franchise fee combined with aggressive royalty structure (up to 3.5%) indicates potential reliance on revenue extraction rather than franchisee success
- 04MEDNo disclosed average revenue or net income data prevents assessment of franchisee profitability and ROI potential
- 05MINORRapid scaling without transparent Unit Economics suggests system maturity and operational readiness questions
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
47 numbers
One-time purchase · CSV download · Validation questions included
FDD download
Casago · FDD (2026) PDF