Bottom line
- Total investment $465K – $776K including a $35K 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 57/100. SBA loan default rate of 0.0% across 27 loans (below the industry average).
- System contracting at -15.9% CAGR over 3 years. Investigate whether closures are franchisor-driven (consolidation) or franchisee-driven (economics).
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 Flame Broiler unit return on the cash you put in?
Unlevered ROIC · per unit
16%
Below typical band (30–60%)
Overview
About
Franchisees operate quick-service flame-grilled chicken and protein restaurants, managing inventory, food preparation, customer service, and marketing at individual locations. Daily operations involve staffing, food sourcing, point-of-sale management, and maintaining brand standards across a menu-driven fast-casual model.
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 · 5 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.
5
states with franchisees (per FDD Item 12)
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
Flame Broiler presents meaningful risk: declining unit count, missing financial disclosure, unprotected territories, and an opaque profit model that prevents ROI validation.
Score breakdown · what drove the 57 / 100 rating
- 01MEDUnit count declined 7.5% YoY (125 units) — indicates system contraction and weak franchisee performance or retention
- 02MINORNo average revenue or net income disclosure (Item 19) — impossible to validate ROI claims or benchmark profitability
- 03MINORUnprotected territory — franchisees face direct competition from other Flame Broiler units and no exclusivity guarantee
- 04MEDHigh investment range ($464K–$776K) paired with 5% royalty on undisclosed sales — difficult to model payback period
- 05MINOR10-year term with $35K franchise fee — long commitment with moderate upfront cost and ongoing 5% drain on profits
- 06HIGHNo 'Going Concern' flag in FDD suggests potential financial stability issues with franchisor
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
100 numbers
One-time purchase · CSV download · Validation questions included
FDD download
Flame Broiler · FDD (2025) PDF