Dreammaker Bath & Kitchen
Formerly known as Worldwide Refinishing Systems
Bottom line
- Total investment $235K – $507K including a $48K franchise fee, 7.0% ongoing royalty.
- Average unit revenue of $1.5M/year (median $1.2M).
- Rated MODERATE with a risk score of 56/100. SBA loan default rate of 0.0% across 1 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 DREAMMAKER BATH & KITCHEN unit return on the cash you put in?
Unlevered ROIC · per unit
44%
In Yale's "attractive" band (30–60%)
Levered LBO scenario · Yale Crease Capital framing
What would 25 DREAMMAKER BATH & KITCHEN units return on equity?
Equity IRR · 5-yr
49.9%
7.57× MOIC
Year-1 DSCR
1.88×
EBITDA ÷ debt service
Equity required
$1.8M
on $8.8M purchase
Total debt
$7.0M
SBA $4.4M + senior + seller note
Overview
About
DreamMaker franchisees operate as bath and kitchen remodeling consultants and contractors, managing design consultations, project estimation, customer acquisition, and renovation execution. Daily operations involve showroom management, client meetings, job site oversight, and coordination with subcontractors to deliver custom bathroom and kitchen upgrades.
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 · 8 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
Stagnant franchise system with minimal growth, undisclosed profitability metrics, and significant capital requirements raise concerns about franchisee returns and franchisor financial stability.
Score breakdown · what drove the 56 / 100 rating
- 01MEDNet income not disclosed in Item 19 — cannot assess actual profitability despite $1.47M average revenue
- 02MINORMinimal system growth at 2.4% YoY with only 43 units suggests market saturation or franchisee dissatisfaction
- 03MEDHigh initial investment range ($235K-$507K) paired with undisclosed profitability creates ROI uncertainty
- 04MINORDeclining royalty structure (7% to 3%) indicates franchisor may be struggling to retain units or justify ongoing support
- 05MINOR10-year term is longer than industry standard (5-7 years), locking franchisees into potentially unfavorable economics
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
61 numbers
One-time purchase · CSV download · Validation questions included
FDD download
DREAMMAKER BATH & KITCHEN · FDD (2025) PDF