FranchiseVerdict
CONCRETE CRAFT logo
FV-00613·STRONGExcellent95

Concrete Craft

Formerly known as Decorative Coatings

OtherFranchising since 2015Website
Investment
$156K – $233K
53rd pct Other
Avg revenue
$394K
13th pct Other
Royalty
7.0%
33rd pct Other
Units
77
71st pct Other
SBA default
0.0%
vs <3% typical

Bottom line

  • Total investment $156K – $233K including a $20K franchise fee, 7.0% ongoing royalty.
  • Average unit revenue of $394K/year (median $321K).
  • Rated STRONG with a risk score of 49/100. SBA loan default rate of 0.0% across 81 loans (below the industry average).

Item 1 · who you're contracting with

The Franchisor

Legal entity
AMERICAN DECORATIVE COATINGS, LLC
Parent company
JM Family Enterprises, Inc.
Incorporated in
Delaware
HQ
19000 MacArthur Boulevard, Suite 100, Irvine, CA 92612
Auditor
PricewaterhouseCoopers LLP
Audited financials
Franchisor revenue
$3.8M
vs $3.5M prior year

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 CONCRETE CRAFT unit return on the cash you put in?

Revenue · per unit, per year
$
FDD Item 19 reports $394,224
Franchisor take · royalty + ad fund
Royaltytyp 68%
%
Ad fundtyp 35%
%
Operating costs · category default: generic
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $156K–$233K
Working capital
$
FDD reports $30K–$50K

Unlevered ROIC · per unit

25%

Below typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$59K
EBITDA margin
15.0%
Total invested
$235K
Payback
48 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 CONCRETE CRAFT 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

$631K

on $3.2M purchase

Total debt

$2.5M

SBA $1.6M + senior + seller note

Overview

About

Concrete Craft franchisees operate concrete coating and restoration services, applying decorative finishes, sealants, and repairs to residential and commercial concrete surfaces. Day-to-day work includes client consultations, surface preparation, application of epoxy or polyurethane coatings, and project management. Franchisees typically manage crews, handle marketing, and oversee operations in their protected territory.

CEO
Dan Lightner
Founded
2014
FDD year
2024
States available
25

Item 7 · what it costs

The Vitals

Total investment
$156K – $233K
All-in to open one unit
Liquid capital
$30K – $50K
Cash you must have on hand
Franchise fee
$20K
Royalty
7.0%
Gross Revenue · typical 6–8%
Ad fund
1.0%
typical 3–5%
Total fee load
8.0%
vs 9–13% typical

Item 19

Financial Performance

Avg gross sales
$394K
Per unit, per year
Median gross sales
$321K
Item 19 type
Actual
Sample size
55 units
vs category median 20 · large
Range (low → high)
$5K$1.8M
Cohort dispersion
Transparency
4 / 5
vs category median 3 / 5 · above
Revenue rank13th
vs Other peers
Investment cost rank53th
Lower investment ranks lower (better)
Royalty rate rank33th
Lower royalty = lower percentile (better)
Unit count rank71th
vs Other peers
Risk score rank12th
Lower risk = lower percentile (better)

Item 20 · unit dynamics

The Growth Chart

Total units
77
Opened
14
Last reporting year
Closed
16
Turnover rate
20.8%
Company-owned
0
Corporate units in the system
% franchised
100%
vs corporate-owned
Net growth (yr3)
-2.5%
Net unit change last year
3-yr CAGR
-2.5%
Compounded over last 3 years
2022
77-2
Franchised units
2023
79
Franchised units
2024
79
Franchised units

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).

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 · 26 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.

Total loans
81
Loan volume
Avg loan
Default rate
0.0%
vs <3% typical · system-wide
5-yr default

FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17

Risk & Legal

49
Risk · 0-100
STRONG49 / 100

Concrete Craft presents elevated risk due to system decline, undisclosed profitability metrics, recent franchisee litigation, and regulatory history—proceed only after intensive franchisee validation.

Score breakdown · what drove the 49 / 100 rating

  1. 01MINORUnit count declining 2.5% YoY (77 units) suggests system contraction and potential saturation or franchisee dissatisfaction
  2. 02MEDNet income not disclosed in Item 19 prevents validation of actual profitability claims; average revenue of $394K may not translate to acceptable owner earnings
  3. 03MINORTwo active 2023 collection lawsuits against franchisees indicate payment disputes and potential cash flow problems within the system
  4. 04MINORHistorical 2006 consent order with affiliate Aussie Pet Mobile on franchise law compliance raises questions about corporate governance and regulatory adherence
  5. 05MINORHigh initial investment ($156K-$233K) combined with declining unit count increases risk that ROI projections may not materialize
  6. 06MED10-year term locks franchisee into relationship with shrinking brand; limited exit flexibility if performance lags

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 / ZIP Codes
Protected territory
Yes
Initial term
10 years
Renewal term
5 years
Online sales rights
Restricted
Franchisor can compete
Yes
Hire a manager?
Allowed
Litigation count
3
Right of first refusal
Yes
Franchisor can buy back on resale
Mandatory arbitration
Yes
Jury trial waiver
Yes
Non-compete
2 yrs
Post-termination restriction
Owner-operator
Optional
Governing law
California

Item 11

Training & Operations

Classroom training
93 hrs
On-the-job training
0 hrs
POS system
ServiceMinder
Operating tech stack

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

82 numbers

Locked
(706) 534-••••
GA
(336) 310-••••
NC
(970) 759-••••
CO

One-time purchase · CSV download · Validation questions included

FDD download

CONCRETE CRAFT · FDD (2024) PDF

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