Bottom line
- Total investment $228K – $1.5M including a $50K franchise fee.
- Average unit revenue of $602K/year (median $562K).
- Rated MODERATE with a risk score of 57/100. SBA loan default rate of 0.0% across 15 loans (below the industry average).
- System contracting at -8.9% CAGR over 3 years. Investigate whether closures are franchisor-driven (consolidation) or franchisee-driven (economics).
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 Intelligent Office unit return on the cash you put in?
Unlevered ROIC · per unit
9%
Below typical band (30–60%)
Levered LBO scenario · Yale Crease Capital framing
What would 25 Intelligent Office units return on equity?
Equity IRR · 5-yr
49.9%
7.57× MOIC
Year-1 DSCR
1.88×
EBITDA ÷ debt service
Equity required
$842K
on $4.2M purchase
Total debt
$3.4M
SBA $2.1M + senior + seller note
Overview
About
Intelligent Office operates serviced office spaces and business centers providing furnished offices, virtual addresses, mail handling, and administrative support services to small businesses and entrepreneurs. Franchisees manage day-to-day operations including tenant acquisition, facility maintenance, customer service delivery, and local marketing to fill office suites and service packages.
Item 7 · what it costs
The Vitals
Item 19
Financial Performance
Item 20 · unit dynamics
The Growth Chart
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 27 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.
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Declining unit count, missing profitability data, regulatory history across affiliate brands, and wide investment variance create elevated risk despite protected territory.
Score breakdown · what drove the 57 / 100 rating
- 01MINORUnit count declining 4.7% YoY with only 41 locations remaining indicates shrinking franchise system
- 02MEDNo Item 19 (Average Net Income) disclosed — unable to validate profitability claims or ROI despite $228k-$1.5M investment range
- 03MINORMultiple regulatory consent orders across affiliate brands (Signarama 1993/1996, TGG 2021/2022) signal pattern of compliance issues within parent company
- 04MINORWide investment range ($228k-$1.5M+) with average revenue of $601k suggests inconsistent unit economics and unclear path to profitability
- 05MINOR35-year franchise term is unusually long and locks franchisees into agreement with declining brand momentum
- 06MINORRoyalty structure (6% or $1,500 minimum) means low-revenue units may be unprofitable after paying franchisor fees
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
57 numbers
One-time purchase · CSV download · Validation questions included
FDD download
Intelligent Office · FDD (2025) PDF