Bottom line
- Total investment $25K – $43K including a $15K franchise fee, 5.0% ongoing royalty.
- No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
- Rated CAUTION with a risk score of 72/100.
- No Item 19 financial performance representation. Without franchisor-disclosed revenue data, you'll need to gather unit economics directly from existing franchisees.
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 Hunting Lease Network unit return on the cash you put in?
Unlevered ROIC · per unit
351%
Above typical band (30–60%)
Overview
About
Franchisees operate as intermediaries connecting landowners with hunting lease opportunities, managing listings, marketing properties, facilitating negotiations, and earning commissions on completed leases. The model relies on building local relationships with rural property owners and hunters to generate transaction volume in what is fundamentally a real estate transaction business with seasonal demand patterns.
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 · 38 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
This franchise exhibits high risk due to severe unit contraction, missing financial disclosures, and franchisor going concern issues that suggest systemic problems or impending collapse.
Score breakdown · what drove the 72 / 100 rating
- 01MEDSystem contracting sharply: 12 units with -21.4% YoY decline indicates franchisees are exiting or failing
- 02MEDNo financial performance data disclosed: Item 19 absence prevents ROI validation and suggests franchisor may be hiding poor results
- 03HIGHGoing Concern status is FALSE: This is a critical red flag indicating potential financial instability or solvency issues at franchisor level
- 04MEDModest initial investment ($25k-$42.5k) with 5% royalty creates low barrier to entry but also signals limited support infrastructure
- 05MEDNiche market concentration: Hunting lease networking has limited addressable market and high geographic/seasonal dependency
- 06MINORSmall franchisee base (12 units) provides minimal economies of scale and suggests difficulty recruiting/retaining franchisees
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
56 numbers
One-time purchase · CSV download · Validation questions included
FDD download
Hunting Lease Network · FDD (2026) PDF