Bottom line
- Total investment $33K – $107K including a $10K franchise fee, 20.0% ongoing royalty.
- No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
- Rated CAUTION with a risk score of 75/100.
- Emerging franchise — only 1 year of franchising with 0 units. Early-stage systems carry higher risk but may offer better territory availability.
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 HomewardVet unit return on the cash you put in?
Unlevered ROIC · per unit
47%
In Yale's "attractive" band (30–60%)
Overview
About
HomewardVet appears to be a mobile or in-home veterinary services franchise, likely involving franchisees providing house-call veterinary care, preventative services, or end-of-life pet care to residential clients. Franchisees would manage client scheduling, service delivery, compliance with state veterinary regulations, and business operations within a protected territory.
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 20 · 16 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).
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
HomewardVet presents extreme risk: zero operating units, unverified profitability claims, going concern status, and a 20% royalty rate that severely constrains franchisee margins in an undisclosed revenue model.
Score breakdown · what drove the 75 / 100 rating
- 01HIGHGoing Concern status is FALSE — indicates potential financial instability or corporate viability issues
- 02MEDZero operating units disclosed — impossible to validate claims or assess system viability; red flag for brand credibility
- 03MINOR20% royalty rate is extremely high — consumes significant margin and reduces franchisee profitability
- 04MINORAverage Net Income of $130,150 is unverified (no Item 19 disclosure) — claims lack FTC-compliant substantiation
- 05MEDNo disclosed average revenue — cannot calculate actual ROI or validate the $130k net income claim
- 06MINORUnknown unit growth trajectory — no historical data to assess franchise system health or sustainability
- 07MINORFranchise fee ($10k) appears artificially low relative to startup costs ($32.6k–$107k) — suggests fee misalignment
- 08MINOR5-year term is short and creates renewal/renegotiation risk — common in struggling franchise systems
- 09MINORProtected territory may be too narrow or poorly defined — insufficient detail raises implementation concerns
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
16 numbers
One-time purchase · CSV download · Validation questions included
FDD download
HomewardVet · FDD (2025) PDF