FranchiseVerdict
Heritage School of Interior Design logo
FV-01184·Minimal10

Heritage School of Interior Design

Education - Tutoring & Test PrepFranchising since 2024Website
Investment
$116K – $585K
54th pct Tutoring & Te…
Avg revenue
$809K
38th pct Tutoring & Te…
Royalty
10.0%
49th pct Tutoring & Te…
Units
6
20th pct Tutoring & Te…
SBA default

Bottom line

  • Total investment $116K – $585K including a $5K franchise fee, 10.0% ongoing royalty.
  • Average unit revenue of $809K/year.
  • Insufficient data to generate a risk assessment.
  • Emerging franchise — only 2 years of franchising with 6 units. Early-stage systems carry higher risk but may offer better territory availability.

Item 1 · who you're contracting with

The Franchisor

Legal entity
HSID FRANCHISING, LLC
Parent company
HERITAGE ENTERPRISES INC.
Incorporated in
Oregon
HQ
18171 Bryant Rd., Lake Oswego, Oregon 97034
Auditor
Kezos & Dunlavy
Audited financials
Franchisor revenue
$0
vs $0 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 Heritage School of Interior Design unit return on the cash you put in?

Revenue · per unit, per year
$
FDD Item 19 reports $809,034
Franchisor take · royalty + ad fund
Royaltytyp 68%
%
Ad fundtyp 35%
%
Operating costs · category default: education
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $116K–$585K
Working capital
$
Item 7 didn't break this out — defaulted to ~10% of annual revenue

Unlevered ROIC · per unit

28%

Below typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$105K
EBITDA margin
13.0%
Total invested
$375K
Payback
43 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 Heritage School of Interior Design 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

$971K

on $4.9M purchase

Total debt

$3.9M

SBA $2.4M + senior + seller note

Overview

About

Private career schools offering courses on interior design using the Heritage School of Interior Design name and programs.

CEO
Jim Plymale
Founded
2024
FDD year
2025
States available
5

Item 7 · what it costs

The Vitals

Total investment
$116K – $585K
All-in to open one unit
Liquid capital
$0 – $50K
Cash you must have on hand
Franchise fee
$5K
Royalty
10.0%
Percentage of Gross Revenue · typical 6–8%
Ad fund
0.0%
typical 3–5%

Item 19

Financial Performance

Avg gross sales
$809K
Per unit, per year
Median gross sales
Item 19 type
Historical licensee performance
Sample size
1 units
vs category median 12 · small
Range (low → high)
$537K$931K
Cohort dispersion
Revenue rank38th
vs Education - Tutoring & Test Prep peers
Investment cost rank54th
Lower investment ranks lower (better)
Royalty rate rank49th
Lower royalty = lower percentile (better)
Unit count rank20th
vs Education - Tutoring & Test Prep peers
Risk score rank100th
Lower risk = lower percentile (better)

Item 20 · unit dynamics

The Growth Chart

Total units
6
Opened
2
Last reporting year
Closed
0
Turnover rate
0.0%
Company-owned
3
Corporate units in the system
2023
3+2
Franchised units
2024
1
Franchised units
2025
1
Franchised units

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

Item 20 · 23 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 · 23 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.

No SBA loan data available for this brand.

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

Risk & Legal

Risk · 0-100

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

Contract & Territory Detail

Territory
Radius
Protected territory
Yes
Initial term
5 years
Renewal term
5 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
Optional
Governing law
Oregon

Item 11

Training & Operations

Classroom training
12 hrs
On-the-job training
8 hrs

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

Locked
(808) 586-••••
HI
(651) 539-••••
MN
(214) 776-••••
TX

One-time purchase · CSV download · Validation questions included

FDD download

Heritage School of Interior Design · FDD (2025) PDF

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

Includes AI-generated validation questions · CSV download