FranchiseVerdict
La Michoacana Plus logo
FV-01447·CAUTIONExcellent86

La Michoacana Plus

Food & Beverage - Ice Cream & DessertsFranchising since 2026Website
Investment
$415K – $694K
92nd pct Ice Cream & D…
Avg revenue
59th pct Ice Cream & D…
Royalty
5.0%
10th pct Ice Cream & D…
Units
8
41st pct Ice Cream & D…
SBA default

Bottom line

  • Total investment $415K – $694K including a $40K franchise fee, 5.0% ongoing royalty.
  • No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
  • Rated CAUTION with a risk score of 75/100.
  • No Item 19 financial performance representation. Without franchisor-disclosed revenue data, you'll need to gather unit economics directly from existing franchisees.

Item 1 · who you're contracting with

The Franchisor

Legal entity
Altura X8 Corp.
Incorporated in
Florida
HQ
1711 Amazing Way, Suite 217, Ocoee, FL 34761
Auditor
Smith, Buzzi & Associates, LLC
Audited financials

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 La Michoacana Plus unit return on the cash you put in?

Revenue · per unit, per year
$
Item 19 not disclosed — typing your own estimate
Franchisor take · royalty + ad fund
Royaltytyp 68%
%
Ad fundtyp 35%
%
Operating costs · category default: restaurant
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $415K–$694K
Working capital
$
FDD reports $65K–$135K

Unlevered ROIC · per unit

11%

Below typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$75K
EBITDA margin
10.0%
Total invested
$654K
Payback
105 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.

Overview

About

Franchisees operate ice cream parlors selling paletas (Mexican ice cream and frozen treats) with branded products and operational systems. Day-to-day operations include inventory management, point-of-sale transactions, customer service, local marketing, and adherence to brand standards. The model targets Hispanic communities and seasonal demand patterns.

CEO
Ruben Jimenez
Founded
2025
FDD year
2026
States available
2

Item 7 · what it costs

The Vitals

Total investment
$415K – $694K
All-in to open one unit
Liquid capital
$65K – $135K
Cash you must have on hand
Franchise fee
$40K
Royalty
5.0%
Gross Revenue · typical 6–8%
Ad fund
n/d
Total fee load
5.0%
vs 9–13% typical

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

Total units
8
Opened
0
Last reporting year
Closed
0
Turnover rate
0.0%
Company-owned
8
Corporate units in the system
% franchised
0%
vs corporate-owned
2024
0-1
Franchised units
2025
0
Franchised units
2026
0
Franchised units

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

Item 20 · 10 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 · 10 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.

No SBA loan data available for this brand.

FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17

Risk & Legal

75
Risk · 0-100
CAUTION75 / 100

La Michoacana Plus is a high-risk investment due to active fraud/disclosure litigation, undisclosed financials, going concern status, minimal unit base, and opaque growth trajectory.

Score breakdown · what drove the 75 / 100 rating

  1. 01HIGHActive litigation alleging unauthorized franchise sales and disclosure violations — trial underway with ruling pending, creating existential legal risk to the franchise system
  2. 02HIGHGoing Concern = False indicates potential financial instability or going concern doubts raised by accountants/legal counsel
  3. 03HIGHOnly 8 units system-wide suggests minimal scale, limited support infrastructure, and high failure risk if litigation unfolds negatively
  4. 04MEDNo average revenue or net income disclosed — inability or unwillingness to provide Item 19 suggests poor unit economics or data transparency issues
  5. 05MEDHigh investment range ($415K–$693.5K) with no disclosed financial performance creates asymmetric risk — franchisee has capital exposure but no income benchmarks
  6. 06HIGHUnknown unit growth trajectory indicates stagnant or declining system; 8 units may represent contraction post-litigation filing
  7. 07HIGHLitigation specifically names corporate entity and principals (Ruben Jimenez) — suggests potential personal liability and raises questions about franchisor integrity and compliance culture

Severity inferred from the FDD text · not a regulatory classification

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

Contract & Territory Detail

Territory
Radius / Zip codes / Boundaries
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
1
Right of first refusal
Yes
Franchisor can buy back on resale
Mandatory arbitration
Yes
Non-compete
2 yrs
Post-termination restriction
Owner-operator
Required
Governing law
Florida

Item 11

Training & Operations

Classroom training
10 hrs
On-the-job training
90 hrs
POS system
Toast POS 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

12 numbers

Locked
(360) 902-••••
WA
(213) 576-••••
CA
(517) 373-••••
MI

One-time purchase · CSV download · Validation questions included

FDD download

La Michoacana Plus · FDD (2026) PDF

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