FranchiseVerdict
Heart to Home Meals logo
FV-01175·CAUTIONExcellent91

Heart to Home Meals

OtherFranchising since 2024Website
Investment
$129K – $340K
45th pct Other
Avg revenue
$770K
26th pct Other
Royalty
Units
2
14th pct Other
SBA default

Bottom line

  • Total investment $129K – $340K including a $40K franchise fee.
  • Average unit revenue of $770K/year (median $715K).
  • Rated CAUTION with a risk score of 70/100.
  • Emerging franchise — only 2 years of franchising with 2 units. Early-stage systems carry higher risk but may offer better territory availability.

Item 1 · who you're contracting with

The Franchisor

Legal entity
HTHM Franchising, LLC
Parent company
US Food Holdings, LLC
Incorporated in
Delaware
HQ
289 Elm Street, Suite 102, Marlborough, Massachusetts 01752
Auditor
Rödl Langford de Kock LLP
Audited financials
Franchisor revenue
$846K
vs $2.0M 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 Heart to Home Meals unit return on the cash you put in?

Revenue · per unit, per year
$
FDD Item 19 reports $770,033
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: $129K–$340K
Working capital
$
FDD reports $25K–$55K

Unlevered ROIC · per unit

39%

In Yale's "attractive" band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$108K
EBITDA margin
14.0%
Total invested
$275K
Payback
31 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 Heart to Home Meals 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

$1.1M

on $5.4M purchase

Total debt

$4.3M

SBA $2.7M + senior + seller note

Overview

About

Heart to Home Meals franchisees operate prepared meal delivery and/or ready-to-eat food services, likely involving meal preparation, packaging, customer acquisition, and delivery logistics. Day-to-day activities typically include food production, customer relationship management, order fulfillment, and potentially route-based delivery operations.

CEO
Christopher Webb
Founded
2018
FDD year
2025
States available
2

Item 7 · what it costs

The Vitals

Total investment
$129K – $340K
All-in to open one unit
Liquid capital
$25K – $55K
Cash you must have on hand
Franchise fee
$40K
Royalty
No royalty
Ad fund
Between 2.00% - 5.00% of Gross Sales
Total fee load
2.0%
vs 9–13% typical

Item 19

Financial Performance

Avg gross sales
$770K
Per unit, per year
Median gross sales
$715K
Item 19 type
Gross Sales
Sample size
20 units
vs category median 20
Range (low → high)
$372K$1.3M
Cohort dispersion
Transparency
6 / 5
vs category median 3 / 5 · above
Revenue rank26th
vs Other peers
Investment cost rank45th
Lower investment ranks lower (better)
Royalty rate rank70th
Lower royalty = lower percentile (better)
Unit count rank14th
vs Other peers
Risk score rank77th
Lower risk = lower percentile (better)

Item 20 · unit dynamics

The Growth Chart

Total units
2
Opened
1
Last reporting year
Closed
0
Turnover rate
0.0%
Company-owned
1
Corporate units in the system
% franchised
50%
vs corporate-owned
2023
1+1
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 · 2 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.

2

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

70
Risk · 0-100
CAUTION70 / 100

This is an extremely early-stage micro-franchise with critical disclosure gaps, unproven economics, and corporate financial uncertainty that presents substantial risk despite protected territory.

Score breakdown · what drove the 70 / 100 rating

  1. 01MEDOnly 2 franchise units in entire system indicates minimal scale, unproven model, and extremely limited growth trajectory
  2. 02MINORNo net income disclosure (Item 19) prevents validation of actual profitability claims despite $770k average revenue figure
  3. 03HIGHGoing Concern status is FALSE, suggesting potential financial instability or uncertainty at corporate level
  4. 04MINORUnknown growth rate with only 2 units raises questions about system viability and franchisee recruitment success
  5. 05MINORHigh investment range ($129k-$340k) paired with micro-franchise footprint creates disproportionate risk exposure
  6. 06MINORNo royalty structure removes ongoing revenue incentive for franchisor to support franchisees long-term
  7. 07MED7-year term with limited comparable performance data makes exit strategy evaluation impossible

Severity inferred from the FDD text · not a regulatory classification

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

Contract & Territory Detail

Territory
Zip codes
Protected territory
Yes
Initial term
7 years
Renewal term
7 years
Online sales rights
Granted
Franchisor can compete
Yes
Hire a manager?
Allowed
Litigation count
0
Right of first refusal
Yes
Franchisor can buy back on resale
Mandatory arbitration
No
Jury trial waiver
Yes
Non-compete
2 yrs
Post-termination restriction
Owner-operator
Required
Governing law
Delaware

Item 11

Training & Operations

Classroom training
19 hrs
On-the-job training
21 hrs
POS system
Business Central
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

16 numbers

Locked
(613) 316-••••
NC
(604) 813-••••
NC
(613) 489-••••
NC

One-time purchase · CSV download · Validation questions included

FDD download

Heart to Home Meals · FDD (2025) PDF

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