FranchiseVerdict
InXpress logo
FV-01307·MODERATEExcellent86

InXpress

Formerly known as Allfreight Solutions

Business Services - Shipping & PostalFranchising since 2006Website
Investment
$87K – $169K
50th pct Shipping & Po…
Avg revenue
$1.9M
50th pct Shipping & Po…
Royalty
30.0%
43rd pct Shipping & Po…
Units
60
71st pct Shipping & Po…
SBA default
0.0%
vs <3% typical

Bottom line

  • Total investment $87K – $169K including a $50K franchise fee, 30.0% ongoing royalty.
  • Average unit revenue of $1.9M/year.
  • Rated MODERATE with a risk score of 61/100. SBA loan default rate of 0.0% across 31 loans (below the industry average).
  • System contracting at -28.0% CAGR over 3 years. Investigate whether closures are franchisor-driven (consolidation) or franchisee-driven (economics).

Item 1 · who you're contracting with

The Franchisor

Legal entity
InXpress, LLC
Parent company
Salt US Holdco LLC
Incorporated in
Utah
HQ
10619 S. Jordan Gateway Blvd., Suite 110, South Jordan, Utah 84095
Auditor
WSRP, LLC
Audited financials
Franchisor revenue
$14.0M
vs $13.4M 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 InXpress unit return on the cash you put in?

Revenue · per unit, per year
$
FDD Item 19 reports $1,869,402
Franchisor take · royalty + ad fund
Royaltytyp 68%
%
Ad fundtyp 35%
%
Operating costs · category default: retail
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $87K–$169K
Working capital
$
FDD reports $10K–$62K

Unlevered ROIC · per unit

-183%

Negative

0%30–60% Yale band80%

Store EBITDA · annual
$-299K
EBITDA margin
-16.0%
Total invested
$164K
Payback
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.

Overview

About

InXpress franchisees operate as independent shipping and logistics agents, primarily managing small-package and freight forwarding services for SMBs. Day-to-day operations include negotiating carrier rates, processing shipments, managing customer relationships, and handling documentation compliance. Franchisees typically work from home or small offices with minimal overhead, operating as consultants in the shipping/logistics space.

CEO
Clinton Squadroni
Founded
2006
FDD year
2025
States available
24

Item 7 · what it costs

The Vitals

Total investment
$87K – $169K
All-in to open one unit
Liquid capital
$10K – $62K
Cash you must have on hand
Franchise fee
$50K
Royalty
30.0%
percentage of Gross Margin · typical 6–8%
Ad fund
1.0%
typical 3–5%
Total fee load
31.0%
vs 9–13% typical

Item 19

Financial Performance

Avg gross sales
$1.9M
Per unit, per year
Median gross sales
Item 19 type
Total Revenue and Gross Margin
Sample size
56 units
vs category median 32
Range (low → high)
$0$14.3M
Cohort dispersion
Transparency
3 / 5
vs category median 3 / 5 · typical
Revenue rank50th
vs Business Services - Shipping & Postal peers
Investment cost rank50th
Lower investment ranks lower (better)
Royalty rate rank43th
Lower royalty = lower percentile (better)
Unit count rank71th
vs Business Services - Shipping & Postal peers
Risk score rank64th
Lower risk = lower percentile (better)

Item 20 · unit dynamics

The Growth Chart

Total units
60
Opened
6
Last reporting year
Closed
23
Turnover rate
38.3%
Company-owned
1
Corporate units in the system
% franchised
98%
vs corporate-owned
Net growth (yr3)
-21.3%
Net unit change last year
3-yr CAGR
-28.0%
Compounded over last 3 years
2023
59-16
Franchised units
2024
75
Franchised units
2025
82
Franchised units

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

Item 20 · 20 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 · 20 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
31
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

61
Risk · 0-100
MODERATE61 / 100

InXpress exhibits HIGH RISK characteristics with rapid unit erosion, aggressive royalty structure, undisclosed financials, active multi-party litigation, and apparent going concern issues suggesting a deteriorating franchise system.

Score breakdown · what drove the 61 / 100 rating

  1. 01MEDUnit decline of 21.3% YoY indicates systemic franchise system contraction and franchisee attrition
  2. 02MED30% royalty on gross margin is extremely high and creates cash flow pressure; combined with undisclosed net income, suggests profitability concerns
  3. 03HIGHMultiple active litigation cases (Mandalorian trade secret/breach, XGS and Toth debt collection) indicate franchisee disputes and collection issues
  4. 04MINORNo Item 19 financial disclosures despite $1.87M average revenue claims raises transparency red flags
  5. 05MINORTerritory unprotected in competitive logistics/shipping vertical increases cannibalization risk
  6. 06HIGHGoing concern status is FALSE — critical governance/financial stability issue
  7. 07MINOR5-year term is short and provides minimal runway for ROI recovery given high 30% margin royalty

Severity inferred from the FDD text · not a regulatory classification

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

Contract & Territory Detail

Territory
Primary Franchise Market Area
Protected territory
No
Initial term
5 years
Renewal term
5 years
Online sales rights
Restricted
Franchisor can compete
Yes
Hire a manager?
Allowed
Litigation count
4
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
Utah

Item 11

Training & Operations

Classroom training
80 hrs
On-the-job training
50 hrs
POS system
InXpress Shipping System
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

35 numbers

Locked
(212) 416-••••
NY
(605) 773-••••
SD
(317) 232-••••
IN

One-time purchase · CSV download · Validation questions included

FDD download

InXpress · FDD (2025) PDF

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