FranchiseVerdict
CLUB CAT logo
FV-00572·MODERATEExcellent91

Club Cat

Lodging - Hotels & MotelsFranchising since 2023Website
Investment
$303K – $439K
26th pct Hotels & Mote…
Avg revenue
$385K
3rd pct Hotels & Mote…
Royalty
6.0%
74th pct Hotels & Mote…
Units
1
13th pct Hotels & Mote…
SBA default

Bottom line

  • Total investment $303K – $439K including a $35K franchise fee, 6.0% ongoing royalty.
  • Average unit revenue of $385K/year. Estimated payback in 2.7 years.
  • Rated MODERATE with a risk score of 60/100.
  • 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
Club Cat Franchising, LLC
Incorporated in
Texas
HQ
1360 Reynolds Avenue, #120, Irvine, California 92614
Auditor
A+G LLP
Audited financials
⚠ Going-concern note
Disclosed in FDD 2024
Status as of 2024; may have been resolved in a later filing we don't yet have.

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 CLUB CAT unit return on the cash you put in?

Revenue · per unit, per year
$
FDD Item 19 reports $385,216
Franchisor take · royalty + ad fund
Royaltytyp 68%
%
Ad fundtyp 35%
%
Operating costs · category default: hospitality
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $303K–$439K
Working capital
$
FDD reports $30K–$30K

Unlevered ROIC · per unit

13%

Below typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$54K
EBITDA margin
14.0%
Total invested
$401K
Payback
89 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.

Levered LBO scenario · Yale Crease Capital framing

What would 25 CLUB CAT units return on equity?

Edit assumptions

Equity IRR · 5-yr

49.9%

7.57× MOIC

Year-1 DSCR

1.88×

EBITDA ÷ debt service

Equity required

$539K

on $2.7M purchase

Total debt

$2.2M

SBA $1.3M + senior + seller note

Overview

About

Club Cat appears to be a cat-themed entertainment or retail venue (likely cat cafe, grooming, or interaction space). Franchisees manage daily operations including customer service, animal care/welfare, facility maintenance, and local marketing to drive foot traffic and memberships or retail sales.

CEO
Shana Martin
Founded
2023
FDD year
2024
States available
1

Item 7 · what it costs

The Vitals

Total investment
$303K – $439K
All-in to open one unit
Liquid capital
$30K – $30K
Cash you must have on hand
Franchise fee
$35K
Royalty
6.0%
Percentage of Gross Revenue · typical 6–8%
Ad fund
0.0%
typical 3–5%
Total fee load
6.0%
vs 9–13% typical
Payback period
2.7 yrs
From v3 / Item 19

Item 19

Financial Performance

Avg gross sales
$385K
Per unit, per year
Median gross sales
Item 19 type
Affiliate-owned unit
Sample size
1 units
vs category median 100 · small
Transparency
7 / 5
vs category median 0 / 5 · above
Revenue rank3th
vs Lodging - Hotels & Motels peers
Investment cost rank26th
Lower investment ranks lower (better)
Royalty rate rank74th
Lower royalty = lower percentile (better)
Unit count rank13th
vs Lodging - Hotels & Motels peers
Risk score rank27th
Lower risk = lower percentile (better)

Item 20 · unit dynamics

The Growth Chart

Total units
1
Opened
0
Last reporting year
Closed
0
Turnover rate
0.0%
Company-owned
1
Corporate units in the system
% franchised
0%
vs corporate-owned
2022
0±0
Franchised units
2023
0
Franchised units
2024
0
Franchised units

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

Item 20 · 6 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).

AK
ME
VT
NH
MA
RI
CT
NY
NJ
PA
DE
MD
DC
WA
OR
CA
NV
ID
MT
WY
UT
CO
AZ
NM
ND
SD
NE
KS
OK
TX
MN
IA
MO
AR
LA
WI
IL
MS
TN
MI
IN
KY
AL
OH
WV
GA
VA
NC
SC
FL
HI
Registered · 6 states
Not registered

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

60
Risk · 0-100
MODERATE60 / 100

Early-stage cat-themed franchise with minimal operating history (1 unit), unverified financial claims, and high capital requirement creates meaningful validation and scaling risk.

Score breakdown · what drove the 60 / 100 rating

  1. 01MINORSingle operating unit with unknown growth trajectory limits system validation and suggests early-stage or stalled expansion
  2. 02MEDNo Item 19 financial performance representation disclosed — cannot independently verify the $385,216 average revenue claim
  3. 03MEDHigh initial investment ($302k–$439k) relative to single-unit sample creates concentration risk with limited comparable data
  4. 04MED6% royalty on gross revenue (not net) is standard but punitive if revenue doesn't convert to profit; net margins appear ~35% leaving limited cushion
  5. 05MINOR10-year term lock-in is lengthy given franchise system maturity uncertainty and single-unit operating history

Severity inferred from the FDD text · not a regulatory classification

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

Contract & Territory Detail

Territory
Household count radius
Protected territory
Yes
Initial term
10 years
Renewal term
5 years
Online sales rights
Granted
Franchisor can compete
Yes
Hire a manager?
Allowed
Litigation count
0
Right of first refusal
Yes
Franchisor can buy back on resale
Mandatory arbitration
No
Jury trial waiver
Yes
Non-compete
2 yrs
Post-termination restriction
Owner-operator
Required
Governing law
Texas

Item 11

Training & Operations

Classroom training
35 hrs
On-the-job training
40 hrs

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

13 numbers

Locked
(317) 232-••••
SD
(804) 371-••••
VA
(605) 773-••••
SD

One-time purchase · CSV download · Validation questions included

FDD download

CLUB CAT · FDD (2024) PDF

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