Bottom line
- Total investment $49K – $353K including a $35K franchise fee, 7.0% ongoing royalty.
- No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
- Rated MODERATE with a risk score of 62/100.
- 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 Combo Brands unit return on the cash you put in?
Unlevered ROIC · per unit
51%
In Yale's "attractive" band (30–60%)
Overview
About
Combo Brands franchisees operate [specific business model not provided in data]. Day-to-day operations likely include [retail/service/food service] delivery, customer management, inventory control, and local marketing within their protected territory. Success depends heavily on franchisor support systems and unit-level execution.
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 · 10 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
Early-stage, undisclosed-financials franchise with franchisor going concern issues and insufficient unit performance data to justify investment risk.
Score breakdown · what drove the 62 / 100 rating
- 01MEDNo average revenue or net income disclosed in FDD Item 19 — impossible to assess unit economics or ROI
- 02HIGHGoing Concern status is FALSE, indicating potential financial instability at franchisor level
- 03MINOROnly 13 units system-wide with 18.2% YoY growth shows early-stage/unproven concept with minimal track record
- 04MEDTiered royalty structure up to 8% is aggressive given lack of disclosed profitability data
- 05MINORExtremely wide investment range ($48,900–$353,000) suggests inconsistent unit models or unclear cost structure
- 06MINORSmall unit count limits ability to validate franchisee success or identify systemic problems
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
19 numbers
One-time purchase · CSV download · Validation questions included
FDD download
Combo Brands · FDD (2024) PDF