FranchiseVerdict
FilterShine USA, Inc. logo
FV-00935·MODERATEStandard67

FilterShine USA, Inc.

OtherFranchising since 2023Website
Investment
$195K – $275K
64th pct Other
Avg revenue
50th pct Other
Royalty
5.0%
6th pct Other
Units
28
55th pct Other
SBA default

Bottom line

  • Total investment $195K – $275K including a $50K franchise fee, 5.0% ongoing royalty.
  • No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
  • Rated MODERATE with a risk score of 64/100.
  • 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

Legal entity
FilterShine USA, Inc.
Incorporated in
Delaware
HQ
1501 Commerce Drive, Elgin Illinois 60123

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 FilterShine USA, Inc. unit return on the cash you put in?

Revenue · per unit, per year
$
Item 19 not disclosed — typing your own estimate
Franchisor take · royalty + ad fund
Royaltytyp 68%
%
Ad fundtyp 35%
%
Operating costs · category default: generic
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $195K–$275K
Working capital
$
FDD reports $80K–$80K

Unlevered ROIC · per unit

40%

In Yale's "attractive" band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$128K
EBITDA margin
17.0%
Total invested
$315K
Payback
30 mo
Unit-level only. A multi-unit portfolio gives up roughly 5–15% of this to shared services (corporate G&A) before reaching the ~10-unit break-even Yale describes.

Overview

About

FilterShine franchisees operate a water filtration system service business, likely involving installation, maintenance, and replacement of filters for residential or commercial clients. Daily operations typically include customer service calls, on-site filter replacements, system inspections, and account management to retain recurring revenue streams.

CEO
Jason Wellman
Founded
2023
FDD year
2023
States available
0

Item 7 · what it costs

The Vitals

Total investment
$195K – $275K
All-in to open one unit
Liquid capital
$80K – $80K
Cash you must have on hand
Franchise fee
$50K
Royalty
5.0%
Gross Sales · typical 6–8%
Ad fund
1.0%
typical 3–5%
Total fee load
6.0%
vs 9–13% typical

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

Total units
28
Opened
12
Last reporting year
Closed
0
Turnover rate
0.0%
Company-owned
0
Corporate units in the system
% franchised
100%
vs corporate-owned
Net growth (yr3)
+33.3%
Net unit change last year
2021
16+12
Franchised units
2022
12
Franchised units
2023
0
Franchised units

Year-over-year franchised unit counts and net change. Source: FDD Item 20.

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

64
Risk · 0-100
MODERATE64 / 100

Going concern status combined with undisclosed financials and small system size presents significant profitability and corporate stability risks that cannot be adequately mitigated.

Score breakdown · what drove the 64 / 100 rating

  1. 01HIGHGoing Concern designation indicates material financial instability at corporate level
  2. 02MEDNo disclosed average revenue or net income (Item 19 missing) — impossible to assess profitability
  3. 03MINORFranchise fee ($50K) plus investment ($195K-$275K) is substantial relative to unknown returns
  4. 04MINORSmall unit base (28 units) limits system stability and support infrastructure
  5. 05MINOR33.3% YoY growth is positive but could mask recent contraction or be inflated by low baseline

Severity inferred from the FDD text · not a regulatory classification

FDD Items 5, 6, 12, 17 · continued from Risk & Legal

Contract & Territory Detail

Territory
population based
Protected territory
Yes
Initial term
5 years
Renewal term
5 years
Online sales rights
Restricted
Franchisor can compete
Yes
Hire a manager?
Allowed
Litigation count
0
Right of first refusal
Yes
Franchisor can buy back on resale
Mandatory arbitration
Yes
Non-compete
3 yrs
Post-termination restriction
Owner-operator
Required
Governing law
Delaware

Item 11

Training & Operations

Classroom training
59 hrs
On-the-job training
32 hrs
POS system
QuickBooks
Operating tech stack

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.

No franchisee contacts available for FilterShine USA, Inc.. This brand's FDD Item 20 did not include a contactable franchisee list.

FDD download

FilterShine USA, Inc. · FDD (2023) PDF

Single-page checkout · instant download · CSV export of contacts available separately above