Bottom line
- Total investment $87K – $127K 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 75/100.
- 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 Doriva Local Art Source unit return on the cash you put in?
Unlevered ROIC · per unit
98%
Above typical band (30–60%)
Overview
About
Franchisees operate local art galleries or online marketplaces featuring curated artwork from regional artists. Day-to-day activities include artist recruitment/curation, gallery management (or e-commerce platform operations), customer acquisition, sales transactions, and royalty reporting to the franchisor. The model blends retail gallery operations with digital marketplace commission architecture.
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 · 1 state 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.
1
states with franchisees (per FDD Item 12)
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
Extremely early-stage franchise with minimal operating units, undisclosed financials, questionable franchisor stability, and unproven unit economics in a challenging retail art market.
Score breakdown · what drove the 75 / 100 rating
- 01MEDOnly 2 existing units indicates extremely limited system validation and growth trajectory
- 02MINORNo average revenue or net income disclosure (Item 19) prevents realistic ROI assessment on $87,050–$126,800 investment
- 03HIGHGoing Concern status is FALSE, suggesting potential financial instability or operational uncertainty at franchisor level
- 04MINORDual royalty structure (6% gallery vs. 10% e-commerce) creates complex accounting and incentivizes lower-margin local sales
- 05MINOR10-year term is unusually long without proven unit economics or franchisee success stories to justify commitment
- 06MINORArt/local gallery business model has historically low barriers to entry and high failure rates among independents
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
Doriva Local Art Source · FDD (2025) PDF