FranchiseVerdict
Frylicious logo
FV-01014·MODERATEExcellent81

Frylicious

Food & Beverage - Full ServiceFranchising since 2025Website
Investment
$49K – $1.1M
2nd pct Full Service
Avg revenue
57th pct Full Service
Royalty
6.0%
54th pct Full Service
Units
1
3rd pct Full Service
SBA default

Bottom line

  • Total investment $49K – $1.1M including a $30K franchise fee, 6.0% ongoing royalty.
  • No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
  • Rated MODERATE with a risk score of 65/100.
  • 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
Frylicious Franchise Group LLC
Incorporated in
California
HQ
28241 Crown Valley Parkway, Suite F231 Laguna Niguel, California 92677
Auditor
Velez Hardy CPAs and Advisors
Audited financials

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 Frylicious 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: $49K–$1.1M
Working capital
$
FDD reports $2K–$15K

Unlevered ROIC · per unit

21%

Below typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$120K
EBITDA margin
16.0%
Total invested
$575K
Payback
58 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

Frylicious franchisees operate quick-service fried food restaurants, likely preparing and serving fried items (chicken, seafood, sides) to walk-in and takeout customers. Day-to-day operations involve food prep, inventory management, customer service, and adherence to brand standards across limited operating hours typical of QSR formats.

CEO
Eric Vonheim
Founded
2025
FDD year
2025
States available
1

Item 7 · what it costs

The Vitals

Total investment
$49K – $1.1M
All-in to open one unit
Liquid capital
$2K – $15K
Cash you must have on hand
Franchise fee
$30K
Royalty
6.0%
Gross Revenues · typical 6–8%
Ad fund
1.0%
typical 3–5%
Total fee load
7.0%
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
1
Opened
0
Last reporting year
Closed
0
Turnover rate
0.0%
Company-owned
1
Corporate units in the system
% franchised
0%
vs corporate-owned
2023
0±0
Franchised units
2024
0
Franchised units
2025
0
Franchised units

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

Item 12 · 1 state 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.

1

states with franchisees (per FDD Item 12)

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

65
Risk · 0-100
MODERATE65 / 100

Frylicious is an early-stage, single-unit franchisor with no performance transparency, undefined unit economics, and unproven scalability—representing significant execution and financial risk.

Score breakdown · what drove the 65 / 100 rating

  1. 01MINOROnly 1 operating unit in the entire system — no proven scalability or replicable model
  2. 02MINORNo Item 19 disclosure (average revenues/net income) — inability or unwillingness to share performance data is a major red flag
  3. 03MINORWide investment range ($48,850–$1,085,000) suggests undefined buildout costs and unclear unit economics
  4. 04MINORMinimum royalty of $125/week ($6,500/year) creates breakeven pressure for underperforming locations
  5. 05MEDNo disclosed growth trajectory — single unit with unknown franchise system viability
  6. 06HIGHGoing Concern status 'False' but early-stage franchisor with minimal operating history suggests execution risk

Severity inferred from the FDD text · not a regulatory classification

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

Contract & Territory Detail

Territory
Radius
Protected territory
Yes
Initial term
10 years
Renewal term
10 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
Jury trial waiver
Yes
Non-compete
2 yrs
Post-termination restriction
Owner-operator
Optional
Governing law
The state where the Franchised Business is located

Item 11

Training & Operations

Classroom training
19 hrs
On-the-job training
44 hrs
POS system
Toast
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.

Franchisee contacts

1 numbers

Locked
(949) 468-••••
CA

One-time purchase · CSV download · Validation questions included

FDD download

Frylicious · FDD (2025) PDF

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