FranchiseVerdict
FunBox logo
FV-01021·MODERATEExcellent91

FunBox

OtherFranchising since 2022Website
Investment
$647K – $1.6M
88th pct Other
Avg revenue
$452K
15th pct Other
Royalty
8.0%
49th pct Other
Units
30
56th pct Other
SBA default
0.0%
vs <3% typical

Bottom line

  • Total investment $647K – $1.6M including a $75K franchise fee, 8.0% ongoing royalty.
  • Average unit revenue of $452K/year (median $421K). Estimated payback in 1.2 years.
  • Rated MODERATE with a risk score of 59/100. SBA loan default rate of 0.0% across 26 loans (below the industry average).
  • No protected territory and the franchisor reserves the right to compete in your area. Clarify territorial boundaries before signing.

Item 1 · who you're contracting with

The Franchisor

Legal entity
FunBox Franchise, LLC
Parent company
FunBox Holdings, LLC
Incorporated in
Nevada
HQ
2510 East Sunset Road, Suite 5-400, Las Vegas, Nevada 89120
Auditor
Kezos & Dunlavy
Audited financials
Franchisor revenue
$2.5M
vs $2.9M prior year

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 FunBox unit return on the cash you put in?

Revenue · per unit, per year
$
FDD Item 19 reports $451,565
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: $647K–$1.6M
Working capital
$
FDD reports $5K–$40K

Unlevered ROIC · per unit

5%

Below typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$54K
EBITDA margin
12.0%
Total invested
$1.2M
Payback
257 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.

Levered LBO scenario · Yale Crease Capital framing

What would 25 FunBox units return on equity?

Edit assumptions

Equity IRR · 5-yr

49.9%

7.57× MOIC

Year-1 DSCR

1.88×

EBITDA ÷ debt service

Equity required

$452K

on $2.3M purchase

Total debt

$1.8M

SBA $1.1M + senior + seller note

Overview

About

FunBox franchisees operate entertainment/recreation venues (likely arcade, gaming, or children's play facilities based on brand positioning). Day-to-day operations include facility management, customer service, equipment maintenance, revenue reconciliation, staff scheduling, and marketing to drive foot traffic and repeat visits.

CEO
Laurence Hallier
Founded
2021
FDD year
2026
States available
16

Item 7 · what it costs

The Vitals

Total investment
$647K – $1.6M
All-in to open one unit
Liquid capital
$5K – $40K
Cash you must have on hand
Franchise fee
$75K
Royalty
8.0%
Gross Revenue · typical 6–8%
Ad fund
The greater of $300 or 2% of Gross Revenue (Indoor Park o…
Total fee load
10.0%
vs 9–13% typical
Payback period
1.2 yrs
From v3 / Item 19

Item 19

Financial Performance

Avg gross sales
$452K
Per unit, per year
Median gross sales
$421K
Item 19 type
Actual results of affiliate-owned and franchisee-owned outlets
Sample size
25 units
vs category median 20
Range (low → high)
$118K$865K
Cohort dispersion
Transparency
8 / 5
vs category median 3 / 5 · above
Revenue rank15th
vs Other peers
Investment cost rank88th
Lower investment ranks lower (better)
Royalty rate rank49th
Lower royalty = lower percentile (better)
Unit count rank56th
vs Other peers
Risk score rank39th
Lower risk = lower percentile (better)

Item 20 · unit dynamics

The Growth Chart

Total units
30
Opened
27
Last reporting year
Closed
0
Turnover rate
0.0%
Company-owned
1
Corporate units in the system
% franchised
97%
vs corporate-owned
Net growth (yr3)
Outlier (see FDD)
Likely small-sample artifact
2024
29+23
Franchised units
2025
5
Franchised units
2026
0
Franchised units

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

Item 20 · 13 states with active franchisees

The Territory Map

Derived from franchisee contact records. Shows states with at least one current operator — not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).

AK
ME
VT
NH
MA
RI
CT
NY
NJ
PA
DE
MD
DC
WA
OR
CA
NV
ID
MT
WY
UT
CO
AZ
NM
ND
SD
NE
KS
OK
TX
MN
IA
MO
AR
LA
WI
IL
MS
TN
MI
IN
KY
AL
OH
WV
GA
VA
NC
SC
FL
HI
Registered · 13 states
Not registered

States derived from franchisee phone area codes (Item 20). Approximate — ported numbers may show the original state, not the franchisee's current location.

Government records

SBA Loan Data

Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.

Total loans
26
Loan volume
Avg loan
Default rate
0.0%
vs <3% typical · system-wide
5-yr default

FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17

Risk & Legal

59
Risk · 0-100
MODERATE59 / 100

FunBox presents elevated risk due to unverifiable financial claims, territorial vulnerability, uncertain franchisor stability (Going Concern status), and questionable unit growth metrics that may mask operational challenges.

Score breakdown · what drove the 59 / 100 rating

  1. 01MINORNo Item 19 financial performance representations (claimed avg net income of $957,373 is unverified and extraordinarily high relative to $451,565 average revenue — mathematically implausible)
  2. 02MINORUnprotected territory creates direct competition risk and limits pricing power in saturated markets
  3. 03MINORExplosive 480% YoY unit growth (20 → 30 units) suggests either aggressive expansion before market validation or aggressive recruitment during economic uncertainty
  4. 04HIGHGoing Concern status is FALSE, which should be TRUE for a healthy franchisor — potential solvency or sustainability concerns
  5. 05MINORWide investment range ($647K–$1.63M, 152% spread) indicates unclear cost structure or high variability in actual startup costs
  6. 06MINOR8% royalty on gross revenue is owed regardless of profitability, creating cash flow pressure in startup/ramp phases

Severity inferred from the FDD text · not a regulatory classification

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

Contract & Territory Detail

Territory
Geographic / Population-based
Protected territory
No
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
Required
Governing law
Nevada

Item 11

Training & Operations

Classroom training
7 hrs
On-the-job training
27 hrs
POS system
Roller, Xola and/or Square
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

13 numbers

Locked
(317) 232-••••
IN
(651) 539-••••
MN
(401) 462-••••
RI

One-time purchase · CSV download · Validation questions included

FDD download

FunBox · FDD (2026) PDF

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