Bottom line
- Total investment $175K – $414K including a $15K franchise fee, 6.0% ongoing royalty.
- No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
- Rated MODERATE with a risk score of 61/100. SBA loan default rate of 0.0% across 8 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
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 Doc Popcorn unit return on the cash you put in?
Unlevered ROIC · per unit
19%
Below typical band (30–60%)
Overview
About
Franchisees operate small-format popcorn retail locations, typically in high-traffic venues (malls, entertainment districts, events). Daily operations include product preparation, inventory management, customer service, and point-of-sale transactions with minimal staffing requirements.
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 12 · 27 states reported
The Territory Map
FDD Item 12 reports the state count, but the specific list isn't in our current data. The map will appear once we re-extract from the FDD or enough franchisee contacts are available.
27
states with franchisees (per FDD Item 12)
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
Doc Popcorn presents caution-level risk due to stagnant growth, missing financial disclosure, unprotected territories, and unclear path to profitability despite reasonable franchise fees.
Score breakdown · what drove the 61 / 100 rating
- 01MINORMinimal unit growth of 3.9% YoY suggests stagnating system expansion and weak recruitment
- 02MEDNo average revenue or net income disclosed in Item 19 prevents realistic ROI modeling and earnings validation
- 03MINORUnprotected territory creates direct competition risk from other Doc Popcorn franchisees in same market
- 04MINORWide investment range ($175K-$413K) lacks clarity on what drives cost variation and total investment requirements
- 05MINOR5-year term is shorter than industry standard (10 years), creating renewal uncertainty and reinvestment pressure
- 06MED6% royalty combined with undisclosed profitability makes franchise economics unverifiable
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
1 numbers
One-time purchase · CSV download · Validation questions included
FDD download
Doc Popcorn · FDD (2025) PDF