Bottom line
- Total investment $344K – $959K including a $35K franchise fee.
- Average unit revenue of $1.4M/year (median $1.4M). Estimated payback in 2.6 years.
- Rated MODERATE with a risk score of 63/100. SBA loan default rate of 0.0% across 3 loans (below the industry average).
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 Currito unit return on the cash you put in?
Unlevered ROIC · per unit
29%
Below typical band (30–60%)
Levered LBO scenario · Yale Crease Capital framing
What would 25 Currito units return on equity?
Equity IRR · 5-yr
49.6%
7.50× MOIC
Year-1 DSCR
1.88×
EBITDA ÷ debt service
Equity required
$2.0M
on $10.0M purchase
Total debt
$8.0M
SBA $5.0M + senior + seller note
Overview
About
Franchisees operate quick-service Mexican/burrito concept restaurants, managing food preparation, inventory, staffing, and customer service in a counter-service model. Day-to-day operations involve managing ingredient sourcing, food quality/safety compliance, point-of-sale systems, and local marketing to drive the $1.43M average unit revenue.
Item 7 · what it costs
The Vitals
Item 19
Financial Performance
Item 20 · unit dynamics
The Growth Chart
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 6 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.
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Currito presents elevated risk due to a shrinking franchisee base, lack of disclosed financial performance data, and a bare-minimum unit count that suggests potential system instability despite reasonable per-unit profitability metrics.
Score breakdown · what drove the 63 / 100 rating
- 01MEDUnit count declined 6.7% YoY (23 units is very small system with negative momentum)
- 02MEDNo Item 19 financial performance representations disclosed (going_concern: false suggests no FPR provided)
- 03MINORWide investment range ($343.5K-$959K) indicates high variability in unit economics or setup costs
- 04MINORRoyalty floor of $500/week ($26K annually) creates cash flow pressure on lower-revenue locations
- 05MINOR23-unit system is below critical mass for franchise viability and support infrastructure
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
8 numbers
One-time purchase · CSV download · Validation questions included
FDD download
Currito · FDD (2024) PDF