Bottom line
- Total investment $232K – $700K including a $14K franchise fee, 3.0% 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 FISH WITH YOU unit return on the cash you put in?
Unlevered ROIC · per unit
26%
Below typical band (30–60%)
Overview
About
Fish with You franchisees operate aquaculture or aquarium-based businesses serving retail or aquaculture customers. Day-to-day responsibilities likely include fish breeding/raising, water system maintenance, inventory management, customer service, and compliance with environmental regulations, though the exact business model is unclear given the lack of operational units.
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.
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
Fish with You is a pre-launch or severely underdeveloped franchise system with zero operating units, undisclosed financial performance, questionable franchisor stability, and no way to validate franchisee ROI before investing $231K-$700K.
Score breakdown · what drove the 75 / 100 rating
- 01MINORZero existing franchise units with unknown growth trajectory indicates brand has no proven system or track record
- 02HIGHGoing concern status is FALSE, suggesting franchisor financial instability or operational challenges
- 03MINORNo Item 19 disclosure of average revenue/net income makes ROI analysis impossible and hides performance data
- 04MINORWide investment range ($231.6K-$700.2K) with no franchisee success metrics creates uncertainty around actual costs
- 05MINORPre-revenue or pre-operational franchise system with no units to validate business model viability
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
25 numbers
One-time purchase · CSV download · Validation questions included
FDD download
FISH WITH YOU · FDD (2025) PDF