Bottom line
- Total investment $117K – $478K including a $50K franchise fee.
- Average unit revenue of $2.2M/year. Estimated payback in 0.3 years.
- Rated STRONG with a risk score of 39/100. SBA loan default rate of 0.0% across 60 loans (below the industry average).
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 Lifetime Green Coatings unit return on the cash you put in?
Unlevered ROIC · per unit
82%
Above typical band (30–60%)
Levered LBO scenario · Yale Crease Capital framing
What would 25 Lifetime Green Coatings units return on equity?
Equity IRR · 5-yr
43.8%
6.15× MOIC
Year-1 DSCR
2.01×
EBITDA ÷ debt service
Equity required
$2.8M
on $11.1M purchase
Total debt
$8.3M
SBA $5.0M + senior + seller note
Overview
About
Franchisees operate a protective coating and sealant application business, applying commercial-grade coatings to residential and commercial surfaces (decks, patios, concrete, wood). Day-to-day operations involve estimating jobs, managing crews, applying coatings, customer service, and handling sales/marketing within a protected territory.
Item 7 · what it costs
The Vitals
Item 19
Financial Performance
Item 20 · unit dynamics
The Growth Chart
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 23 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.
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Lifetime Green Coatings presents meaningful franchise risk due to lack of financial disclosure (no Item 19), unclear unit growth, small system size, and corporate going concern issues, despite strong average unit economics that cannot be independently verified.
Score breakdown · what drove the 39 / 100 rating
- 01MEDNo Item 19 (Financial Performance Representations) disclosed — cannot verify if $876k avg net income is achievable or realistic
- 02MEDOnly 36 units system-wide with unknown growth trajectory — suggests limited scale, unproven expansion model, or potential contraction
- 03MEDHigh capital requirement ($117k-$477k) relative to franchise fee ($49.5k) with no disclosed Item 19 to justify ROI claims
- 04MINORMinimum weekly royalties ($375-$3,750) create fixed cost burden regardless of sales — particularly punitive for struggling locations
- 05HIGHGoing Concern status FALSE — suggests financial viability concerns at corporate level, raising questions about support and longevity
- 06MINORWide investment range ($360k spread) indicates inconsistent unit economics or undefined territory/service scope
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
40 numbers
One-time purchase · CSV download · Validation questions included
FDD download
Lifetime Green Coatings · FDD (2024) PDF