Bottom line
- Total investment $103K – $203K including a $50K franchise fee, 6.0% ongoing royalty.
- No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
- Rated CAUTION with a risk score of 72/100.
- 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 Cortz unit return on the cash you put in?
Unlevered ROIC · per unit
49%
In Yale's "attractive" band (30–60%)
Overview
About
Cortz franchisees appear to operate a beverage or food/beverage retail concept (brand name suggests specialty drinks). Day-to-day activities likely include customer service, product preparation, inventory management, and local marketing within a protected territory.
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 · 30 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
Cortz is a pre-revenue-stage franchise with minimal operating units, undisclosed unit economics, and franchisor going-concern issues — positioning franchisees as beta testers with substantial capital at risk.
Score breakdown · what drove the 72 / 100 rating
- 01MINOROnly 3 existing units — extremely small, nascent system with no proven scalability or track record
- 02MINORNo average revenue or net income disclosure — inability to assess unit economics or franchisee profitability
- 03HIGHGoing Concern status is FALSE — suggests potential financial instability at franchisor level
- 04MINORHigh initial investment ($103K-$203K) relative to system size creates disproportionate risk for early franchisees
- 05MEDNo disclosed unit growth trajectory — cannot determine if system is expanding, stagnant, or contracting
- 06MINORTiered royalty structure (6%→4%) indicates franchisor may be dependent on high-volume franchisees to succeed
- 07MINOR5-year term is relatively short; insufficient runway to recoup investment in emerging franchise
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
31 numbers
One-time purchase · CSV download · Validation questions included
FDD download
Cortz · FDD (2025) PDF