Coastal Angler MagazineFranchise Cost, Revenue & Review 2026
Data from FDD filing
FranchiseVerdict summary · 2026
A Coastal Angler Magazine franchise requires a total initial investment of $29K – $35K, including a $25K franchise fee and an ongoing 8.0% royalty[2]. The 2026 FDD does not disclose unit-level revenue (no Item 19). Verdict grade: C. Run a live ROI scan →
Data last verified June 18, 2026 · figures per the 2026 FDD issuance
Overview
- Investment
- $29K – $35K
- 6th pct Business Serv…
- Avg gross sales
- N/A
- 29th pct Business Serv…
- Royalty
- 8.0%
- 22nd pct Business Serv…
- Units
- 33
- 26th pct Business Serv…
- SBA default
- N/A
Quick verdict · Business Services · color = vs category peers
Green = >15% above Business Services avg · No shading = within ±15% · Red = >15% below avg · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
Bottom line
- Total investment $29K – $35K including a $25K franchise fee, 8.0% ongoing royalty.
- No Item 19 financial performance data disclosed. The franchisor chose not to publish revenue figures.
- Verdict C (Average) with a risk score of 66/100.
- No Item 19 financial performance representation. Without franchisor-disclosed revenue data, you'll need to gather unit economics directly from existing franchisees.
Item 1 · who you're contracting with
The Franchisor
- Legal entity
- Coastal Angler Magazine Franchising, Inc.
- Incorporated in
- FL
- HQ
- 1980 N. Atlantic Avenue, Suite 230-17, Cocoa Beach, Florida 32931
- Auditor
- McCain Samons & Fiorini
- Audited financials
- Franchisor revenue
- $827K
- vs $802K prior year
Overview
About
Franchisees operate local editions of Coastal Angler Magazine, managing content creation, advertising sales, print production, and distribution across their protected territory. Revenue derives primarily from print advertising sales to fishing retailers, charter companies, and marine services, supplemented by subscription and newsstand sales.
- CEO
- Benjamin Martin
- Headquarters
- FL
- Founded
- 2008
- FDD year
- 2026
- States available
- 10
FDD Item 7 · 2026 filing
Initial investment breakdown
| Cost component | Low | High |
|---|---|---|
| Initial franchise fee | $25K | $25K |
| Working capital (3–6 mo) | $3K | $6K |
| Equipment, build-out, other | $975 | $4K |
| Total initial investment | $29K | $35K |
Source: Coastal Angler Magazine 2026 FDD, Items 5 and 7[2]. “Equipment, build-out, other” is computed as total minus disclosed line items above.
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $29K – $35K
- Better than avg vs category
- Liquid capital req'd
- $3K – $6K
- Better than avg vs category
- Franchise fee
- $25K – $25K
- Better than avg vs category
- Royalty
- 8.0%
- percentage_of_gross · typical 6–8%
- Ad fund
- 2.0%
- typical 3–5%
- Total fee load
- 10.0%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 8.0% of gross sales |
| Marketing / ad fund | 2.0% of gross sales |
| Transfer fee | $3K |
| Renewal fee | $3K |
| Total fee load | 10.0% of rev |
Financial Performance
This franchisor did not disclose financial performance representations in Item 19, or our extractor could not parse them.
vs Business Services averages
How Coastal Angler Magazine Compares
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 33
- Opened
- 1
- Last reporting year
- Closed
- 1
- Turnover rate
- 3.0%
- Company-owned
- 1
- Corporate units in the system
- % franchised
- 97%
- vs corporate-owned
- Net growth (yr3)
- +0.0%
- Net unit change last year
- 3-yr CAGR
- +0.0%
- Compounded over last 3 years
3-year detail · Item 20
- Transfers (3yr)
- 5
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 12 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 contact records (FDD Item 20). Shows states with at least one current operator on file. Full state registration data (Item 12) will appear on a future FDD refresh.
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA 7(a) and 504 loan disclosures, public data unique to FranchiseVerdict.
No SBA loan data available for this brand.
Risk analysis
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Coastal Angler presents elevated risk due to absent financial disclosures, regulatory history, stagnant growth, and exposure to a declining print media industry.
Audited financials (Item 21)
Yes · McCain Samons & Fiorini
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Score breakdown · what drove the 66 / 100 rating
- 01MINORNo Item 19 financial performance disclosure (revenue/net income) prevents ROI validation
- 02MINORSecurities enforcement action in Hawaii (2013) indicates regulatory compliance issues and unauthorized sales practices
- 03MEDStagnant unit count at 33 with no growth trajectory disclosed over unknown timeframe raises expansion and viability concerns
- 04MEDHigh 8% royalty rate on undisclosed revenues creates uncertainty about actual franchisee profitability
- 05MINORMagazine/publishing model faces structural headwinds from digital disruption and declining print advertising
- 06MINOR10-year term with $25,000 franchise fee is long commitment with minimal franchisor transparency
Severity inferred from the FDD text · not a regulatory classification
FDD Items 5, 6, 12, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 10 years |
|---|---|
| Renewal term | 10 years |
| Territory type | exclusive |
| Protected territory | Yes |
| Online sales rights | Granted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Optional |
| Non-compete (years)ℹ | 2 years |
| Right of first refusalℹ | Yes |
| Termination notice | 30 days |
| Mandatory arbitration | Yes |
| Jury trial waiver | Yes |
| Governing law | Florida |
| Litigation count | 1 |
Items 10, 11
Training & Operations
- Classroom training
- 16 hrs
- On-the-job training
- 0 hrs
- POS system
- Quickbooks
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: Quickbooks
Item 20 · call current owners
Franchisee Contacts
29 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
Coastal Angler Magazine · FDD (2026) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a Coastal Angler Magazine franchise?
The total investment to open a Coastal Angler Magazine franchise ranges from $29K – $35K, with an initial franchise fee of $25K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do Coastal Angler Magazine franchise owners earn?
Coastal Angler Magazine does not disclose average franchise owner earnings in their FDD Item 19. Not all franchisors are required to make financial performance representations. We recommend asking existing franchisees directly about their financial experience.
What is Coastal Angler Magazine's franchise failure rate?
SBA 7(a) loan charge-off data is not available for Coastal Angler Magazine (fewer than 10 loans on file). Charge-off rates are one way to gauge franchise risk, but not all franchise loans go through the SBA program. We recommend reviewing turnover and closure data in the FDD and speaking with current franchisees.
How many Coastal Angler Magazine franchise locations are there?
As of their most recent FDD filing, Coastal Angler Magazine has 33 total units in the United States, including 33 franchised units and 1 company-owned units. 1 new units were opened in the latest reporting year.
Is Coastal Angler Magazine a good franchise to buy?
FranchiseVerdict rates Coastal Angler Magazine as a C-grade franchise with a risk score of 66 out of 100, based on our analysis of investment costs, revenue data, SBA loan performance, and growth trends. Our rating is based solely on publicly available FDD and government data; we recommend speaking with current franchisees before making any investment decision. This is not investment advice.
Data sourced from public FDD filings and SBA 7(a) FOIA records. Not financial advice.
For franchisors
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Data extracted from public FDD filings and SBA 7(a) loan disclosures (FOIA). This information is provided for research purposes only and does not constitute financial, legal, or investment advice. Verify all figures with the franchisor's current Franchise Disclosure Document before making any investment decision.