FranchiseVerdict
HOUSE DOCTORS logo
FV-01236·MODERATEExcellent95

House Doctors

Home Services - OtherFranchising since 2022Website
Investment
$120K – $191K
55th pct Other
Avg revenue
$573K
23rd pct Other
Royalty
6.0%
19th pct Other
Units
88
66th pct Other
SBA default
0.0%
vs <3% typical

Bottom line

  • Total investment $120K – $191K including a $65K franchise fee, 6.0% ongoing royalty.
  • Average unit revenue of $573K/year (median $461K).
  • Rated MODERATE with a risk score of 59/100. SBA loan default rate of 0.0% across 87 loans (below the industry average).
  • 17 litigation matters disclosed in Item 3 — higher than typical. Review the summary for patterns (franchisor-initiated vs. franchisee-initiated).

Item 1 · who you're contracting with

The Franchisor

Legal entity
House Doctors, LLC
Parent company
PSB Group, LLC
Incorporated in
Delaware
HQ
126 Garrett Street, Suite J, Charlottesville, VA 22902
Auditor
Robinson, Farmer, Cox Associates, PLLC
Audited financials
Franchisor revenue
$23.6M
vs $25.4M 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 HOUSE DOCTORS unit return on the cash you put in?

Revenue · per unit, per year
$
FDD Item 19 reports $573,090
Franchisor take · royalty + ad fund
Royaltytyp 68%
%
Ad fundtyp 35%
%
Operating costs · category default: restoration
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $120K–$191K
Working capital
$
FDD reports $25K–$35K

Unlevered ROIC · per unit

34%

In Yale's "attractive" band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$63K
EBITDA margin
11.0%
Total invested
$185K
Payback
35 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 HOUSE DOCTORS 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

$458K

on $2.3M purchase

Total debt

$1.8M

SBA $1.1M + senior + seller note

Overview

About

House Doctors franchisees operate a home service repair business providing handyman, plumbing, electrical, and general maintenance services to residential customers. Day-to-day operations involve dispatching technicians, managing customer appointments, handling service delivery quality, and generating local revenue through direct customer acquisition and service fulfillment.

CEO
Paul Flick
Founded
2018
FDD year
2025
States available
28

Item 7 · what it costs

The Vitals

Total investment
$120K – $191K
All-in to open one unit
Liquid capital
$25K – $35K
Cash you must have on hand
Franchise fee
$65K
Royalty
6.0%
Gross Sales · typical 6–8%
Ad fund
2.0%
typical 3–5%
Total fee load
8.0%
vs 9–13% typical

Item 19

Financial Performance

Avg gross sales
$573K
Per unit, per year
Median gross sales
$461K
Item 19 type
Actual Gross Sales
Sample size
31 units
vs category median 21
Range (low → high)
$162K$2.5M
Cohort dispersion
Transparency
4 / 5
vs category median 4 / 5 · typical
Revenue rank23th
vs Home Services - Other peers
Investment cost rank55th
Lower investment ranks lower (better)
Royalty rate rank19th
Lower royalty = lower percentile (better)
Unit count rank66th
vs Home Services - Other peers
Risk score rank50th
Lower risk = lower percentile (better)

Item 20 · unit dynamics

The Growth Chart

Total units
88
Opened
46
Last reporting year
Closed
7
Turnover rate
8.0%
Company-owned
0
Corporate units in the system
% franchised
100%
vs corporate-owned
Net growth (yr3)
+76.0%
Net unit change last year
3-yr CAGR
+87.2%
Compounded over last 3 years
2023
88+38
Franchised units
2024
50
Franchised units
2025
47
Franchised units

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

Item 20 · 35 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
Available · 35 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
87
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

Rapidly collapsing franchise system (24% unit decline) with extensive litigation for fraud and regulatory violations, no profitability disclosure, and questionable going concern status—extreme risk profile.

Score breakdown · what drove the 59 / 100 rating

  1. 01MEDSevere unit contraction: 24% YoY decline (88 units) indicates system collapse or serious franchisee dissatisfaction
  2. 02HIGHMultiple fraud and breach of contract lawsuits against franchisor and CEO Paul Flick across affiliated brands (360 Painting, Window Gang, RooterMan) suggests systemic compliance issues
  3. 03MINORNo Item 19 (Average Net Income) disclosure despite $573K average revenue—franchisor unwilling to show profitability, likely indicating most franchisees are unprofitable
  4. 04HIGHGoing Concern status is FALSE, which is a critical red flag indicating potential insolvency or business viability concerns
  5. 05HIGHLitigation involves franchise registration/disclosure law violations, suggesting franchisor has knowingly misrepresented material facts to franchisees
  6. 06MEDHigh royalty burden (6% + $150/week = ~$8,800 minimum annually) on undisclosed net margins creates unsustainable unit economics

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
10 years
Renewal term
10 years
Online sales rights
Restricted
Franchisor can compete
Yes
Hire a manager?
Allowed
Litigation count
17
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
Virginia

Item 11

Training & Operations

Classroom training
50 hrs
On-the-job training
0 hrs
POS system
ServiceTitan
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

78 numbers

Locked
(248) 989-••••
MI
(803) 454-••••
SC
(732) 500-••••
NJ

One-time purchase · CSV download · Validation questions included

FDD download

HOUSE DOCTORS · FDD (2025) PDF

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