Coastal Angler Magazine
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.
- Rated MODERATE with a risk score of 64/100.
- 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
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 Coastal Angler Magazine unit return on the cash you put in?
Unlevered ROIC · per unit
103%
Above typical band (30–60%)
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.
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 · 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 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
Coastal Angler presents elevated risk due to absent financial disclosures, regulatory history, stagnant growth, and exposure to a declining print media industry.
Score breakdown · what drove the 64 / 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
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
29 numbers
One-time purchase · CSV download · Validation questions included
FDD download
Coastal Angler Magazine · FDD (2026) PDF