FranchiseVerdict
FV-01452·CAUTIONStandard76

LandJet

OtherFranchising since 2023
Investment
$115K – $368K
39th pct Other
Avg revenue
50th pct Other
Royalty
7.0%
33rd pct Other
Units
6
30th pct Other
SBA default

Bottom line

  • Total investment $115K – $368K including a $50K franchise fee, 7.0% ongoing royalty.
  • No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
  • Rated CAUTION with a risk score of 72/100.
  • 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
LandJet Franchising, LLC
Incorporated in
Iowa
HQ
3269 Moencks Ct., Bettendorf, IA 52722
Auditor
A. Andrew Gianiodis, CPA
Audited financials
Franchisor revenue
$135K
vs $154K prior year
⚠ Going-concern note
Disclosed in FDD 2024
Status as of 2024; may have been resolved in a later filing we don't yet have.

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 LandJet 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: generic
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $115K–$368K
Working capital
$
FDD reports $5K–$30K

Unlevered ROIC · per unit

38%

In Yale's "attractive" band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$98K
EBITDA margin
13.0%
Total invested
$259K
Payback
32 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

LandJet franchisees operate luxury ground transportation services, likely managing fleet vehicles, chauffeur teams, and booking systems to provide premium point-to-point travel. Day-to-day operations typically involve customer acquisition, driver scheduling, vehicle maintenance, regulatory compliance, and managing the customer experience across ground transportation services.

CEO
Ryan Landry
Founded
2020
FDD year
2024
States available
3

Item 7 · what it costs

The Vitals

Total investment
$115K – $368K
All-in to open one unit
Liquid capital
$5K – $30K
Cash you must have on hand
Franchise fee
$50K
Royalty
7.0%
Tiered percentage of Gross Sales · typical 6–8%
Ad fund
3.0%
typical 3–5%
Total fee load
10.0%
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
6
Opened
1
Last reporting year
Closed
0
Turnover rate
0.0%
Company-owned
2
Corporate units in the system
% franchised
67%
vs corporate-owned
Net growth (yr3)
-66.7%
Net unit change last year
3-yr CAGR
-75.0%
Compounded over last 3 years
2022
1+1
Franchised units
2023
3
Franchised units
2024
4
Franchised units

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

Item 20 · 8 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 · 8 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

72
Risk · 0-100
CAUTION72 / 100

LandJet is a rapidly contracting franchise system with two-thirds unit loss in one year, undisclosed financials, and high capital requirements—indicating severe market challenges and franchisee viability concerns.

Score breakdown · what drove the 72 / 100 rating

  1. 01MEDCatastrophic unit decline of 66.7% YoY (from ~18 to 6 units) indicates severe system contraction and franchisee dissatisfaction
  2. 02MINORZero financial disclosure (revenue and net income) prevents ROI validation and suggests potential FDD Item 19 absence or poor performance metrics
  3. 03MINORHigh initial investment ($114.5K-$368K) paired with declining unit count creates elevated risk of capital loss
  4. 04MINORNarrow 5-year term limits franchisee amortization window for $49.5K franchise fee plus build-out costs
  5. 05MINORTiered royalty structure (7%-5%) reduces profitability in early/low-revenue phases when margins are tightest

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
5 years
Renewal term
5 years
Online sales rights
Granted
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
Iowa

Item 11

Training & Operations

Classroom training
25 hrs
On-the-job training
10 hrs

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

10 numbers

Locked
(410) 576-••••
MD
(979) 249-••••
TX
(708) 543-••••
IL

One-time purchase · CSV download · Validation questions included

FDD download

LandJet · FDD (2024) PDF

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