EverLine Coatings and Services Franchise Cost, Revenue & Review 2026
Data from FDD filing + SBA 7(a) records
Analysis by FranchiseVerdict Research · Methodology
EverLine Coatings and Services is a home- and commercial-services franchise providing parking-lot line striping, pavement maintenance, and protective coatings. Franchisees run a crew-based operation serving commercial properties in a territory.
FranchiseVerdict summary · 2026
A EverLine Coatings and Services franchise requires a total initial investment of $184K – $319K, including a $60K franchise fee and an ongoing 6.0% royalty[2]. Per the 2026 FDD, average unit revenue was $672K[2]. SBA 7(a) loans show a 0.0% charge-off rate across 94 loans[1]. FranchiseVerdict grade: A (Strongest tier), an editorial assessment, not investment advice. Run a live ROI scan →
Data last verified · figures per the 2026 FDD issuance
Overview
- Investment
- $184K – $319K
- 74th pct Home Services
- Avg gross sales
- $672K
- 16th pct Home Services
- Royalty
- 6.0%
- 15th pct Home Services
- Units
- 87
- 55th pct Home Services
- SBA charge-off
- 0.0%
- % of SBA 7(a) loans not repaid · median varies by category
Quick verdict · Home Services · color = vs category peers
Green = favorable by >10% vs Home Services avg · No shading = within ±10% · Red = unfavorable by >10% · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
Bottom line
- COSTTotal investment $184K – $319K including a $60K franchise fee, 6.0% ongoing royalty.
- RETURNSAverage unit revenue of $672K/year (median $571K).
- RISKVerdict A (Strongest tier), verdict score 73/100 (higher is better). SBA loan charge-off rate of 0.0% across 94 loans (well below the franchise average, based on all SBA 7(a) franchise lending, 2010–2025).
- FLAG9 units terminated last reporting year (10.3% of the system). Ask existing franchisees why.
Item 1 · who you're contracting with
The Franchisor
Corporate structure & franchisor financials
- Legal entity
- EverLine Franchising US, Inc.
- Parent company
- EverLine Holdings Aggregator, LLC
- Ultimate parent
- Red Iron Group (RIG Franchise Holdings, LLC)
- Predecessor
- or other affiliates that we are required to disclose in this Item
- Prior franchisor entity
- CEO title
- Director and President
- John Evans
- CEO experience
- 2021 yrs
- Years in role or industry
- Founder active
- Yes
- Original founder still leading the business
- Incorporated in
- TX
- HQ
- 9960 Bammel North Houston Rd., Houston, TX 77086
- Auditor
- WithumSmith+Brown, PC
- Audited financials
- Franchisor revenue
- $7.0M
- vs $5.6M prior year
- Management churn noted
- Frequent turnover
- Item 2 disclosed frequent executive changes
Affiliated brands
- EverLine Franchising Ltd
- EverLine Asset Management US
- TBL Durables US
- through common ownership under Red Iron Group
- TBL Durables
Other brands the franchisor or its parent operates (Item 1).
Overview
About
- CEO
- John Evans
- Headquarters
- TX
- Founded
- 2021
- FDD year
- 2026
- States available
- 35
Can you afford it, and what does the money buy?
Entry cost runs 12% above the typical home services franchise.
Source: FDD 2026 · Items 5–7
FDD Item 7 · 2026 filing
Initial investment breakdown
| Cost component | Low | High |
|---|---|---|
| Initial franchise fee | $60K | $60K |
| Working capital (3–6 mo) | $50K | $80K |
| Equipment, build-out, other | $74K | $180K |
| Total initial investment | $184K | $319K |
Source: EverLine Coatings and Services 2026 FDD, Items 5 and 7[2]. “Equipment, build-out, other” is computed as total minus disclosed line items above.
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $184K – $319K
- Bottom third — review vs category
- Liquid capital req'd
- $50K – $80K
- Bottom third — review vs category
- Franchise fee
- $60K – $60K
- Middle of category vs category
- Royalty
- 6.0%
- percentage · typical 6–8%
- Ad fund
- 2.0%
- typical 3–5%
- Total fee load
- 8.0%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 6.0% of gross sales |
| Marketing / ad fund | 2.0% of gross sales |
| Technology fee | $285 |
| Training fee | $4K |
| Transfer fee | $10K |
| Renewal fee | $10K |
| Total fee load | 8.0% of rev |
What do units actually make?
Average unit sales run 46% below the home services norm.
Source: FDD 2026 · Item 19
Single-unit · estimated
Returns at a glance
Indicative numbers using FDD Item 7 / Item 19 inputs and category-benchmarked cost ratios. Full single-unit, 25-unit portfolio, and LBO models (with every input editable to stress-test your own scenario) live on the financials page.
Store EBITDA · annual
$74K
11.0% margin
Unlevered ROIC
23%
EBITDA / total invested capital
Payback
4.3 yrs
cash-on-cash, unlevered
ROI & LBO modelsSingle-unit · 25-unit portfolio · editable
What one unit earns on your invested capital
Model A · Single-Unit Return
Computes unlevered return on invested capital (ROIC) for a single franchise unit. The target band for an attractive franchise is 30–60% ROIC. Below that and a passive index fund likely outperforms; above that and the franchisor has pricing power you're subsidizing.
Note: Item 19 revenue is what the franchisor discloses. It's the top line only. Operating costs below are category estimates. Override them to match your real lease quote, labor market, and build-out budget.
Returns model · single-unit ROIC
What would one EverLine Coatings and Services unit return on the cash you put in?
Unlevered ROIC · per unit
Estimated return on your total franchise investment, before any debt financing.
23%
Below the 30–60% attractive-franchise band
What 25 units return when you use SBA financing
Model B · Return on Equity: Debt-Financed Acquisition
Models a 25-unit portfolio acquisition financed with an SBA 7(a) loan. Shows equity IRR (your return on cash invested), DSCR (how safely the cash flow covers debt service), and the capital stack (SBA + seller + equity breakdown).
This is the “search fund” or “entrepreneurship through acquisition” scenario: you buy an existing multi-unit operator, use leverage to amplify returns, and either operate or hire management. The 25-unit size is the typical minimum for an SBA-backed franchise portfolio acquisition to pencil as a full-time income.
What “return on equity” means here: if you put in $500K of your own cash and the business generates enough EBITDA to pay down debt and grow, your equity IRR is the annual return on that $500K, including the value created when you eventually sell. Target IRR for a search fund is typically 25–35%.
Levered LBO scenario · Yale Crease Capital framing
What would 25 EverLine Coatings and Services units return on equity?
Equity IRR · 5-yr
49.9%
7.57× MOIC
Year-1 DSCR
1.88×
EBITDA ÷ debt service
Equity required
$538K
on $2.7M purchase
Total debt
$2.2M
SBA $1.3M + senior + seller note
These models are for research and scenario planning only. Not investment advice. Actual results depend on your specific location, management, and market conditions. Consult a franchise attorney and accountant before signing any franchise agreement.
Item 19 · Source: 2026 FDD
Financial Performance
- Avg gross sales
- $672K
- Per unit, per year
- Median gross sales
- $571K
Gross sales are revenue before expenses — not profit. Actual owner earnings depend on rent, labor, royalties, marketing fees, and debt service.
- Item 19 type
- gross sales by quartile (US Businesses, FY2025)
- Sample size
- 54 franchisees
- vs category median 32
- Range (low → high)
- $212K→$1.7M
- Cohort dispersion (min → max)
- Quartile band
- $338K→$1.1M
- Bottom 25% → top 25%
- Transparency tier
- limited
- Categorical assessment of disclosure depth
- Reporting year
- 2025
- Fiscal year the figures cover
- Source filing
- FDD 2026
- Disclosed in the 2026 filing, covering 2025
- Transparency
- 6 / 10
- vs category median 4 / 10 · above
Compared against 321 Home Services brands
Operator outlook
What the numbers say
Data-driven interpretation of this brand's financial disclosures, fee structure, and system trajectory.
Unit economics
Average unit generates $672K/year in gross sales. Median is $571K — top performers pull the average up, so a typical unit earns less. Revenue-to-investment ratio: 2.7x.
Fee burden
Total ongoing fee load of 8.0% (near the Home Services average).
Disclosure
Transparency score 6/10 — this franchisor discloses detailed breakdowns (quartiles, segments, or cohort data). Buyers can model unit economics with higher confidence.
Operator retention
System expanding at 64.2% CAGR over 3 years across 87 units — operators are staying and new ones are joining.
Source: FDD Item 19 financial performance representations and publicly filed FDD data. Past performance is not indicative of future results. Verify all figures with the franchisor and current franchisees before making any investment decision.
vs Home Services averages
How EverLine Coatings and Services Compares
Is the system healthy?
Source: FDD 2026 · Item 20
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 87
- Opened
- 18
- Last reporting year
- Closed
- 0
- Terminated
- 9
- Franchisor ended the franchise (per Item 20)
- Non-renewed
- 0
- Term expired, not renewed (per Item 20)
- Turnover rate
- 10.3%
- Company-owned
- 0
- Corporate units in the system
- % franchised
- 100%
- vs corporate-owned
- Net growth (3-yr)
- +64.2%
- Net unit change over 3 years
- 3-yr CAGR
- +64.2%
- Compounded over last 3 years
3-year detail · Item 20
- Opened (3yr)
- 18
- Closed (3yr)
- 0
- Terminated (3yr)
- 9
- Non-renewed (3yr)
- 0
- Transfers (3yr)
- 1
- Reacquired (3yr)
- 0
- Franchisor bought back
- Transfer rate
- 2.5%
- Owners selling to other franchisees
- Termination rate
- 8.7%
- Franchisor-initiated terminations
- Ceased ops
- 10.0%
- Units that stopped operating
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 12 · 35 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.
35
states with franchisees (per FDD Item 12)
Fast growth in a small system. Newer franchisors expanding quickly may not yet have the support infrastructure of larger systems.
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA 7(a) and 504 loan disclosures, public data unique to FranchiseVerdict.
- Total loans
- 94
- Loan volume
- $20.5M
- Median loan
- $254K
- 50th percentile
- Charge-off rate
- 0.0%
- rates vary by category · see methodology
Historical SBA 7(a) lending data, not predictive of future performance. How SBA charge-off rates are calculated
- Repayment rate (PIF)
- 100.0%
- 5-yr charge-off
- 0.0%
- Loans approved 2021+
- Active lenders
- 13
- Defaults
- 0
- Typical loan rate
- 9.7%
- avg rate to borrowers
- Franchised industry avg
- 12.4%
- brand beats franchise avg ↓
- Jobs supported
- 833
- 4.2 per loan
- Lender concentration
- 77%
- top lender's share
Borrower mix: 98% went to startups / new businesses, 2% to established operators
Franchise vs independent — in all other specialty trade contractors, franchised businesses charge off at 12.4% vs 16.4% for independents — franchising is associated with 24% lower SBA default risk in this category.
Top lenders financing EverLine Coatings and Services franchisees
Showing 3 of 13 lenders. The full breakdown — every lender, state distribution, interest rates & risk ratings — is in the SBA Lending Report below.
Explore lender portfolios on Bank Reports or regional data on State Reports.
Premium insight
SBA Lending Report
Deep-dive into EverLine Coatings and Services's SBA lending history: lender network, geographic footprint, interest rates, and more.
SBA Lending Report
- Principal loss rate and NAICS industry benchmark
- 10 lenders with concentration factor
- Per-state charge-off rates across 15 states
- Startup risk premium and job creation velocity
- 5-year lending trend
- SBA 504 real estate/equipment data
Instant access. No subscription.
With a 0.0% charge-off rate across 94 loans, banks have historically viewed this brand favorably for lending.
What could kill this investment?
SBA loans charge off at 0.0% — 100% below the 16.0% national norm, i.e. lower lender-observed risk.
Source: SBA 7(a) FOIA · FDD Items 3, 21
Risk analysis
FranchiseVerdict rating + FDD Items 3, 4, 8, 16, 21
Risk & Legal
Rapid unit growth masking transparency gaps (no earnings disclosure), active litigation over termination practices, and franchisor financial stress present meaningful risks for capital deployment.
Litigation (Item 3)
Two pending Item 3 cases: (1) Five Two Enterprises, LLC v. EverLine Franchising US, Inc. v. Ryan Rainey (Denton County, TX) - former franchisee sued for declaratory judgment/breach of contract over alleged wrongful termination, seeking >$525,000; franchisor counterclaimed for ~$250,000. (2) Tobbie May v. EverLine Franchising US, Inc. (Harris County, TX) - franchisee alleges breach of contract, statutory fraud, and DTPA violations over territory/customer disputes, seeking reliance/economic/expectation damages plus treble damages. Both cases pending, no settlements reported.
Largest disclosed settlement: $525,000
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · WithumSmith+Brown, PC
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
ⓘ These are the parent company's consolidated financials (the parent guarantees the franchisor), not this brand's standalone results — the figure reflects the whole corporate group, not this brand alone.
Supplier relationship · Items 8 & 16
- Franchisor sells you products: Yes
- Kickbacks from required suppliers: Yes
- Must buy proprietary products: Yes
- Restricted to system-approved products: Yes
- Can negotiate own supplier terms: Yes
Score breakdown · what drove the 73 / 100 verdict
- 01HIGHActive litigation with former franchisee alleging wrongful termination raises questions about franchise agreement enforcement, support, and dispute resolution fairness
- 02MINORHigh unit growth rate (45.5% YoY) on a small base (80 units) suggests either aggressive recruiting or potential for rapid contraction if growth momentum slows
- 03HIGHGoing concern flag indicates franchisor financial stress despite growth claims, raising sustainability questions
Severity inferred from the FDD text · not a regulatory classification
What are you signing up for?
Ongoing fees run about 8.0% of sales (royalty + ad fund), before rent and labor.
Source: FDD 2026 · Items 11, 12, 17
FDD Items 12, 15, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 10 years |
|---|---|
| Renewal term | 10 years |
| Allowed renewalsℹ | 2 |
| Territory type | protected |
| Protected territory | Yes |
| Exclusive territoryℹ | No |
| Territory population | 350,000 |
| Online sales rightsℹ | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Optional |
| Non-compete (years)ℹ | 2 years |
| Non-compete (miles)ℹ | 25 mi |
| Right of first refusalℹ | Yes |
| RoFR response window | 30 days |
| Transfer requires consent | Yes |
| Termination notice | 30 days |
| Termination groundsℹ | 13 |
| Curable defaultsℹ | 4 |
| Mandatory arbitration | No |
| Arbitration location | Houston, TX |
| Jury trial waiver | No |
| Governing law | Texas |
| Litigation count | 2 |
View Item 3 litigation summary
Two pending Item 3 cases: (1) Five Two Enterprises, LLC v. EverLine Franchising US, Inc. v. Ryan Rainey (Denton County, TX) - former franchisee sued for declaratory judgment/breach of contract over alleged wrongful termination, seeking >$525,000; franchisor counterclaimed for ~$250,000. (2) Tobbie May v. EverLine Franchising US, Inc. (Harris County, TX) - franchisee alleges breach of contract, statutory fraud, and DTPA violations over territory/customer disputes, seeking reliance/economic/expectation damages plus treble damages. Both cases pending, no settlements reported.
Items 10, 11
Training & Operations
- Classroom training
- 70 hrs
- On-the-job training
- 33 hrs
- Training location
- Designated training facility in Houston, TX or via remote instruction; on-site field training within Designated Territory
- Ongoing training
- Required
- Field support
- 33 hrs/yr
- On-site visits per year
- Time to open
- 4 mo
- From signing to launch
- Site selection
- franchisee
- Franchisor financing
- Not offered
- Item 10
Items 5 & 11
Franchisor Support
Item 20 · call current owners
Franchisee Contacts
111 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
EverLine Coatings and Services · FDD (2026) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a EverLine Coatings and Services franchise?
The total investment to open a EverLine Coatings and Services franchise ranges from $184K – $319K, with an initial franchise fee of $60K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do EverLine Coatings and Services franchise owners earn?
According to Item 19 of the EverLine Coatings and Services FDD, the average gross sales per unit is $672K. The median is $571K. Note: this is gross revenue, not profit. Actual owner earnings vary based on location, operating costs, and management.
What is Item 19 in the EverLine Coatings and Services FDD?
The FDD section where a franchisor may disclose financial performance of its outlets. Disclosure is optional and formats vary; figures are typically gross sales, which is revenue before expenses, not profit. FranchiseVerdict extracts these figures directly from the EverLine Coatings and Services FDD and qualifies whose outlets they describe.
What is EverLine Coatings and Services's franchise failure rate?
Based on SBA 7(a) loan data, EverLine Coatings and Services has a charge-off rate of 0.0% across 94 loans, meaning 0.0% of franchise loans were charged off. Charge-off rates are one proxy for franchise risk, though they do not capture all closures. This data comes from FOIA-sourced SBA lending records.
How many EverLine Coatings and Services franchise locations are there?
As of their most recent FDD filing, EverLine Coatings and Services has 87 total units in the United States, including 87 franchised units and 0 company-owned units. 18 new units were opened in the latest reporting year.
Is EverLine Coatings and Services a good franchise to buy?
FranchiseVerdict rates EverLine Coatings and Services as a A-grade franchise with a verdict score of 73 out of 100 (higher is better), based on our analysis of investment costs, revenue data, SBA loan performance, and growth trends. Our rating is based solely on publicly available FDD and government data; we recommend speaking with current franchisees before making any investment decision. This is not investment advice.
Data sourced from public FDD filings and SBA 7(a) FOIA records. Not financial advice.
For franchisors
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Data extracted from public FDD filings and SBA 7(a) loan disclosures (FOIA). This information is provided for research purposes only and does not constitute financial, legal, or investment advice. Verify all figures with the franchisor's current Franchise Disclosure Document before making any investment decision.