B59/100FDD 2024
iFixandRepair (IFAR) — Litigation & Risk
Home Services - Other · FDD Items 3, 4 & 5
Lower Risk
No litigation cases disclosed in FDD Items 3 and 4.
Source: FDD Items 3–5
FDD Items 3 & 4
Litigation Metrics
Cases disclosed
0
Total from FDD Items 3 and 4
Bankruptcy (Item 4)
—
Franchisor or officer bankruptcy
Overall risk score
59 / 100
FranchiseVerdict composite
Rating
MODERATE
STRONG / MODERATE / CAUTION / AVOID
FDD Items 5, 6 & 17 — what you give up
Contract Risk Indicators
Mandatory arbitration
Required
Disputes resolved outside court — limits your legal options
Jury trial waiver
Waived
You give up the right to a jury trial
Non-compete
2 yrs
Post-termination restriction on similar businesses
Franchisor can compete
Yes
Franchisor can open competing locations in or near your territory
Right of first refusal
Yes
Franchisor can match any purchase offer when you try to sell
Governing law
Florida
State whose law governs disputes — relevant if you're not based there
What drove the 59/100 rating
Risk Score Breakdown
- 01MINORNo average revenue or net income disclosure (Item 19) prevents ROI validation and profitability assessment
- 02HIGHGoing Concern = False indicates potential financial instability or accounting irregularities at franchisor level
- 03MINORRapid 31.1% YoY unit growth may reflect aggressive recruitment masking underlying unit economics or high failure rates
- 04MINORWide investment range ($68,200–$147,450) and royalty spread ($850–$2,000/month) suggests inconsistent business model or territory-based pricing opacity
- 05HIGHNo disclosed litigation could indicate unreported disputes or suppressed claims history
- 06MINORFlat royalty structure may not align franchisee profitability with franchisor success, creating misaligned incentives
Severity inferred from FDD text — not a regulatory or legal classification
Litigation data from FDD Items 3, 4, and 5. SBA data from public 7(a) FOIA records (FY2020–present). Not legal advice — consult a franchise attorney before signing any franchise agreement.