FranchiseVerdict
LEGACY CLAIMS SERVICES logo
FV-01478·MODERATEStandard76

Legacy Claims Services

Business Services - Tax & FinancialFranchising since 2023Website
Investment
$68K – $138K
56th pct Tax & Financi…
Avg revenue
47th pct Tax & Financi…
Royalty
Units
42
44th pct Tax & Financi…
SBA default

Bottom line

  • Total investment $68K – $138K including a $50K franchise fee.
  • No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
  • Rated MODERATE with a risk score of 59/100.
  • 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
Legacy Franchise Company, LLC
Incorporated in
Texas
HQ
5550 Granite Parkway, Suite 195, Plano, Texas 75024
Auditor
A+G LLP
Audited financials
Franchisor revenue
$1.7M
vs $5.7M prior year
⚠ Going-concern note
Disclosed in FDD 2025
Auditor flagged doubt about continued operations. Verify against the latest FDD before deciding.

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 LEGACY CLAIMS SERVICES 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: $68K–$138K
Working capital
$
FDD reports $10K–$20K

Unlevered ROIC · per unit

89%

Above typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$105K
EBITDA margin
14.0%
Total invested
$118K
Payback
13 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

Legacy Claims Services franchisees operate as claims processing and recovery specialists, handling property damage claims, insurance disputes, and settlement negotiations on behalf of clients. Day-to-day activities include case intake, documentation review, client communication, regulatory compliance, and claims settlement negotiations with insurers and third parties.

CEO
Patrick Wright
Founded
2023
FDD year
2025
States available
12

Item 7 · what it costs

The Vitals

Total investment
$68K – $138K
All-in to open one unit
Liquid capital
$10K – $20K
Cash you must have on hand
Franchise fee
$50K
Royalty
Greater of 15% of Gross Revenue or minimum monthly fee ($…
Ad fund
3.0%
typical 3–5%
Total fee load
20.0%
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
42
Opened
12
Last reporting year
Closed
0
Turnover rate
0.0%
Company-owned
1
Corporate units in the system
% franchised
98%
vs corporate-owned
Net growth (yr3)
+41.4%
Net unit change last year
2023
41+12
Franchised units
2024
29
Franchised units
2025
0
Franchised units

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

Item 20 · 6 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 · 6 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

59
Risk · 0-100
MODERATE59 / 100

Legacy Claims Services presents a CAUTION-level risk profile due to absent financial disclosure, unprotected territory, aggressive royalty structure, and rapid growth without demonstrated unit-level profitability.

Score breakdown · what drove the 59 / 100 rating

  1. 01MEDFinancial performance metrics (avg revenue and net income) not disclosed in FDD Item 19 — unable to validate ROI claims
  2. 02MINORUnprotected territory creates direct competition risk; with 42 units and 41.4% YoY growth, market saturation is a genuine concern
  3. 03MINORHigh royalty structure (15% of gross revenue OR $0-$3,000 minimum) is aggressive and unprofitable during startup phase
  4. 04MINORFranchise fee ($49,900) represents 73-74% of total investment floor, leaving minimal working capital for franchisees
  5. 05MEDRapid unit growth (41.4% YoY) without disclosed financial performance suggests possible recruitment-driven model rather than organic profitability
  6. 06MINORSmall system size (42 units) limits brand recognition and marketing leverage compared to established competitors

Severity inferred from the FDD text · not a regulatory classification

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

Contract & Territory Detail

Territory
MSA/ZIP codes/Boundaries
Protected territory
No
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
Texas

Item 11

Training & Operations

Classroom training
21 hrs
On-the-job training
27 hrs
POS system
QuickBooks, Claim Leader, Xactimate, Adjustrite, CCC
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

11 numbers

Locked
(850) 982-••••
FL
(585) 703-••••
FL
(704) 200-••••
NY

One-time purchase · CSV download · Validation questions included

FDD download

LEGACY CLAIMS SERVICES · FDD (2025) PDF

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