FranchiseVerdict
INSULATION COMMANDOS logo
FV-01296·STRONGExcellent91

Insulation Commandos

Home Services - OtherFranchising since 2023Website
Investment
$216K – $409K
94th pct Other
Avg revenue
$1.4M
50th pct Other
Royalty
Units
33
45th pct Other
SBA default
0.0%
vs <3% typical

Bottom line

  • Total investment $216K – $409K including a $65K franchise fee.
  • Average unit revenue of $1.4M/year. Estimated payback in 0.9 years.
  • Rated STRONG with a risk score of 39/100. SBA loan default rate of 0.0% across 75 loans (below the industry average).
  • Auditor disclosed a going-concern note — flagged doubt about the franchisor's ability to continue operations. Verify against the latest FDD.

Item 1 · who you're contracting with

The Franchisor

Legal entity
Insulation Commandos Franchising, LLC
Parent company
Commando Holdings, LLC
Incorporated in
Delaware
HQ
219 Industrial Drive, Suite B, Clarksville, Tennessee 37040
Auditor
DA Advisory Group
Audited financials
Franchisor revenue
$81K
vs $1.1M prior year
⚠ Going-concern note
Disclosed in FDD 2025
Auditor flagged doubt about continued operations. Verify against the latest FDD before deciding.

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 INSULATION COMMANDOS unit return on the cash you put in?

Revenue · per unit, per year
$
FDD Item 19 reports $1,445,861
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: $216K–$409K
Working capital
$
FDD reports $50K–$80K

Unlevered ROIC · per unit

46%

In Yale's "attractive" band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$174K
EBITDA margin
12.0%
Total invested
$377K
Payback
26 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 INSULATION COMMANDOS 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

$1.4M

on $7.2M purchase

Total debt

$5.8M

SBA $3.6M + senior + seller note

Overview

About

Insulation Commandos franchisees operate residential and commercial insulation installation services, managing crews to assess properties, recommend insulation solutions (fiberglass, blown-in, spray foam, etc.), and execute installations. Day-to-day work involves job scheduling, customer consultations, team supervision, quality control, and account management in a local service territory.

CEO
Dustin Ingle
Founded
2023
FDD year
2025
States available
8

Item 7 · what it costs

The Vitals

Total investment
$216K – $409K
All-in to open one unit
Liquid capital
$50K – $80K
Cash you must have on hand
Franchise fee
$65K
Royalty
greater of: (a) 6% of Gross Sales or (b) the applicable m…
Ad fund
1.0%
typical 3–5%
Total fee load
7.0%
vs 9–13% typical
Payback period
0.9 yrs
From v3 / Item 19

Item 19

Financial Performance

Avg gross sales
$1.4M
Per unit, per year
Median gross sales
Item 19 type
Historical
Sample size
1 units
vs category median 21 · small
Range (low → high)
$1.4M$1.4M
Cohort dispersion
Transparency
9 / 5
vs category median 4 / 5 · above
Revenue rank50th
vs Home Services - Other peers
Investment cost rank94th
Lower investment ranks lower (better)
Royalty rate rank54th
Lower royalty = lower percentile (better)
Unit count rank45th
vs Home Services - Other peers
Risk score rank2th
Lower risk = lower percentile (better)

Item 20 · unit dynamics

The Growth Chart

Total units
33
Opened
36
Last reporting year
Closed
4
Turnover rate
12.1%
Company-owned
1
Corporate units in the system
% franchised
97%
vs corporate-owned
Net growth (yr3)
Outlier (see FDD)
Likely small-sample artifact
2023
32+31
Franchised units
2024
1
Franchised units
2025
0
Franchised units

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

Item 20 · 18 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 · 18 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
75
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

39
Risk · 0-100
STRONG39 / 100

Insulation Commandos presents moderate-to-high risk due to explosive unsustainable growth metrics, lack of transparent financial performance disclosures, and high capital requirements relative to verifiable profitability claims.

Score breakdown · what drove the 39 / 100 rating

  1. 01MINORExplosive unit growth of 3100% YoY suggests either newly launched franchise system or severe data anomaly — growth this extreme is unsustainable and indicates instability
  2. 02MINORHigh initial investment range ($215k-$408k) combined with 6% royalty (or minimum monthly fee) creates significant breakeven burden for new franchisees
  3. 03MINORWide investment range ($193k spread) suggests inconsistent territory valuations and unclear cost structure — lack of transparency on what drives costs
  4. 04MEDMinimum royalty structure not disclosed — if monthly minimum is high, could create cash flow pressure for early-stage locations
  5. 05MEDNo Item 19 financial performance representations in FDD — $340k avg net income cannot be independently verified against disclosed figures

Severity inferred from the FDD text · not a regulatory classification

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

Contract & Territory Detail

Territory
Population-based
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
0
Right of first refusal
Yes
Franchisor can buy back on resale
Mandatory arbitration
Yes
Jury trial waiver
Yes
Non-compete
2 yrs
Post-termination restriction
Owner-operator
Required
Governing law
Tennessee

Item 11

Training & Operations

Classroom training
48 hrs
On-the-job training
16 hrs
POS system
CRM Software Platform
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

22 numbers

Locked
(217) 782-••••
IL
(605) 773-••••
SD
(410) 576-••••
MD

One-time purchase · CSV download · Validation questions included

FDD download

INSULATION COMMANDOS · FDD (2025) PDF

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