FranchiseVerdict
Craters & Freighters logo
FV-00652·STRONGExcellent81

Craters & Freighters

Business Services - Shipping & PostalFranchising since 1991Website
Investment
$173K – $288K
100th pct Shipping & Po…
Avg revenue
57th pct Shipping & Po…
Royalty
Units
64
79th pct Shipping & Po…
SBA default
0.0%
vs <3% typical

Bottom line

  • Total investment $173K – $288K including a $30K franchise fee.
  • No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
  • Rated STRONG with a risk score of 52/100. SBA loan default rate of 0.0% across 12 loans (below the industry average).
  • 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
Craters & Freighters Franchise Company
Incorporated in
Colorado
HQ
331 Corporate Circle, Suite J, Golden, Colorado 80401
Auditor
Wipfli LLP
Audited financials
Franchisor revenue
$6.4M
vs $6.7M 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 Craters & Freighters unit return on the cash you put in?

Revenue · per unit, per year
$
Item 19 not disclosed — typing your own estimate
Franchisor take · royalty + ad fund
Royaltytyp 68%
%
Ad fundtyp 35%
%
Operating costs · category default: retail
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $173K–$288K
Working capital
$
FDD reports $40K–$60K

Unlevered ROIC · per unit

21%

Below typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$60K
EBITDA margin
8.0%
Total invested
$280K
Payback
56 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.

Overview

About

Craters & Freighters is a shipping and specialized freight packaging franchise where franchisees operate local distribution centers, managing custom crating, packaging, and freight logistics for businesses and consumers. Daily operations involve receiving shipments, designing protective packaging solutions, coordinating pickups/deliveries, and managing customer relationships in a service-based model.

CEO
Matthew Schmitz
Founded
1991
FDD year
2024
States available
31

Item 7 · what it costs

The Vitals

Total investment
$173K – $288K
All-in to open one unit
Liquid capital
$40K – $60K
Cash you must have on hand
Franchise fee
$30K
Royalty
Greater of (a) 5% of total Adjusted Gross Sales or (b) th…
Ad fund
1.0%
typical 3–5%
Total fee load
6.0%
vs 9–13% typical

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

Total units
64
Opened
0
Last reporting year
Closed
0
Turnover rate
0.0%
Company-owned
0
Corporate units in the system
% franchised
100%
vs corporate-owned
Net growth (yr3)
+0.0%
Net unit change last year
3-yr CAGR
+0.0%
Compounded over last 3 years
2022
64±0
Franchised units
2023
64
Franchised units
2024
64
Franchised units

Year-over-year franchised unit counts and net change. Source: FDD Item 20.

Item 20 · 25 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 · 25 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
12
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

52
Risk · 0-100
STRONG52 / 100

Craters & Freighters presents meaningful caution risk due to complete lack of financial transparency, stagnant unit base, and undefined royalty minimums that could strain cash flow.

Score breakdown · what drove the 52 / 100 rating

  1. 01MINORNo Item 19 financial performance disclosure (average revenue and net income not provided) prevents ROI validation
  2. 02MEDStagnant or unknown unit growth with only 64 locations suggests limited brand expansion and market traction
  3. 03MINORHigh initial investment range ($173K-$287K) combined with dual royalty structure (5% or minimum fee) creates unpredictable ongoing costs
  4. 04MINOR15-year term is lengthy and locks franchisee into relationship without demonstrated unit economics
  5. 05MEDMinimum Monthly Royalty Fee structure not disclosed—actual royalty burden unclear and potentially burdensome in slow months

Severity inferred from the FDD text · not a regulatory classification

FDD Items 5, 6, 12, 17 · continued from Risk & Legal

Contract & Territory Detail

Territory
Counties
Protected territory
Yes
Initial term
15 years
Renewal term
15 years
Online sales rights
Restricted
Franchisor can compete
Yes
Hire a manager?
Allowed
Litigation count
0
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
Colorado

Item 11

Training & Operations

Classroom training
46 hrs
On-the-job training
26 hrs
POS system
Proprietary Program
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

77 numbers

Locked
(941) 772-••••
FL
(610) 397-••••
PA
(704) 331-••••
NC

One-time purchase · CSV download · Validation questions included

FDD download

Craters & Freighters · FDD (2024) PDF

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