Bottom line
- Total investment $87K – $104K including a $40K franchise fee, 6.0% ongoing royalty.
- Average unit revenue of $176K/year (median $188K). Estimated payback in 0.6 years.
- Rated MODERATE with a risk score of 67/100.
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 DocuLock unit return on the cash you put in?
Unlevered ROIC · per unit
26%
Below typical band (30–60%)
Levered LBO scenario · Yale Crease Capital framing
What would 25 DocuLock units return on equity?
Equity IRR · 5-yr
49.9%
7.57× MOIC
Year-1 DSCR
1.88×
EBITDA ÷ debt service
Equity required
$352K
on $1.8M purchase
Total debt
$1.4M
SBA $0.9M + senior + seller note
Overview
About
DocuLock franchisees likely operate a document management, secure storage, or digital/physical records processing service. Day-to-day activities probably involve client onboarding, document intake/scanning, secure storage/filing, retrieval services, and compliance reporting for small-to-mid-size businesses requiring document security solutions.
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 · 15 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
Single-unit franchise with unverified financial claims, no disclosed growth, and financially implausible performance metrics represents a speculative, early-stage or stalled system with minimal peer validation opportunity.
Score breakdown · what drove the 67 / 100 rating
- 01MINOROnly 1 franchisee unit with unknown growth trajectory indicates system is either brand new or contracting
- 02HIGHNo Item 19 financial performance representation (Going Concern = False) makes $175,786 avg revenue claim unverified and potentially misleading
- 03MINOR6% royalty on $175,786 revenue = $10,547/year in fees with $40,000 upfront creates break-even pressure in years 1-4
- 04MINORMassive gap between claimed avg net income ($150,022) and avg revenue ($175,786) is mathematically implausible and suggests unreliable data
- 05MEDSingle unit franchise with no disclosed expansion plans suggests limited franchisor infrastructure, training capability, or market validation
- 06MINORUnknown growth and inability to reference multiple franchisee experiences creates high validation risk
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
16 numbers
One-time purchase · CSV download · Validation questions included
FDD download
DocuLock · FDD (2022) PDF