Bottom line
- Total investment $124K – $193K including a $50K franchise fee, 5.0% ongoing royalty.
- No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
- Rated MODERATE with a risk score of 65/100.
- System contracting at -6.8% 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 Jovie unit return on the cash you put in?
Unlevered ROIC · per unit
57%
In Yale's "attractive" band (30–60%)
Overview
About
Jovie franchisees operate a specialty retail or service-based business (specific model unclear from data provided). Day-to-day operations likely involve customer acquisition, service/product delivery, inventory management, and local marketing while paying 5% of gross revenues to corporate despite undisclosed average unit economics.
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 · 17 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
Jovie presents meaningful risk due to shrinking unit count, complete lack of financial transparency (no Item 19), and significant capital requirement with unclear ROI potential.
Score breakdown · what drove the 65 / 100 rating
- 01MINORUnit count declining 1.8% YoY indicates system contraction and potential market saturation or franchisee dissatisfaction
- 02MINORNo Item 19 (average unit volumes) disclosure means no transparency on actual franchisee profitability—critical red flag for ROI assessment
- 03MEDHigh initial investment ($124K-$193K) combined with 5% royalty burden without disclosed revenue benchmarks creates uncertainty on payback period
- 04MED10-year term length locks franchisees into long commitment with limited exit flexibility in a declining system
- 05MINORFranchise fee of $49,999 is substantial relative to total investment and raises questions about support quality
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
33 numbers
One-time purchase · CSV download · Validation questions included
FDD download
Jovie · FDD (2025) PDF