FranchiseVerdict
FV-01511·MODERATEExcellent86

Little Diggers

Education - Children's ProgramsFranchising since 2025
Investment
$217K – $482K
51st pct Children's Pr…
Avg revenue
$275K
17th pct Children's Pr…
Royalty
8.0%
56th pct Children's Pr…
Units
2
15th pct Children's Pr…
SBA default

Bottom line

  • Total investment $217K – $482K including a $50K franchise fee, 8.0% ongoing royalty.
  • Average unit revenue of $275K/year. Estimated payback in 4.5 years.
  • Rated MODERATE with a risk score of 65/100.
  • Emerging franchise — only 1 year of franchising with 2 units. Early-stage systems carry higher risk but may offer better territory availability.

Item 1 · who you're contracting with

The Franchisor

Legal entity
Little Diggers Franchising, LLC
Parent company
Little Diggers Playspace, Inc.
Incorporated in
Ohio
HQ
6327 Sawmill Road, Dublin, OH 43017
Auditor
Holbrook & Manter
Audited financials
Franchisor revenue
$0
Most recent fiscal year

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 Little Diggers unit return on the cash you put in?

Revenue · per unit, per year
$
FDD Item 19 reports $274,983
Franchisor take · royalty + ad fund
Royaltytyp 68%
%
Ad fundtyp 35%
%
Operating costs · category default: education
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $217K–$482K
Working capital
$
FDD reports $15K–$30K

Unlevered ROIC · per unit

10%

Below typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$36K
EBITDA margin
13.0%
Total invested
$372K
Payback
125 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.

Levered LBO scenario · Yale Crease Capital framing

What would 25 Little Diggers units return on equity?

Edit assumptions

Equity IRR · 5-yr

49.9%

7.57× MOIC

Year-1 DSCR

1.88×

EBITDA ÷ debt service

Equity required

$330K

on $1.6M purchase

Total debt

$1.3M

SBA $0.8M + senior + seller note

Overview

About

Little Diggers appears to be a children's activity or educational franchise (likely outdoor play, STEM, or excavation-themed experiences). Franchisees likely manage day-to-day operations including customer acquisition, class/activity scheduling, equipment maintenance, staff supervision, and facility management. Revenue model unclear—may be membership-based, per-class fees, or event-driven.

CEO
Zach Bowers
Founded
2024
FDD year
2025
States available
1

Item 7 · what it costs

The Vitals

Total investment
$217K – $482K
All-in to open one unit
Liquid capital
$15K – $30K
Cash you must have on hand
Franchise fee
$50K
Royalty
8.0%
Net Sales · typical 6–8%
Ad fund
2.0%
typical 3–5%
Total fee load
10.0%
vs 9–13% typical
Payback period
4.5 yrs
From v3 / Item 19

Item 19

Financial Performance

Avg gross sales
$275K
Per unit, per year
Median gross sales
Item 19 type
Actual Performance (Company-Owned)
Sample size
2 units
vs category median 16 · small
Range (low → high)
$115K$435K
Cohort dispersion
Transparency
9 / 5
vs category median 4 / 5 · above
Revenue rank17th
vs Education - Children's Programs peers
Investment cost rank51th
Lower investment ranks lower (better)
Royalty rate rank56th
Lower royalty = lower percentile (better)
Unit count rank15th
vs Education - Children's Programs peers
Risk score rank71th
Lower risk = lower percentile (better)

Item 20 · unit dynamics

The Growth Chart

Total units
2
Opened
0
Last reporting year
Closed
0
Turnover rate
0.0%
Company-owned
2
Corporate units in the system
% franchised
0%
vs corporate-owned
2023
0±0
Franchised units
2024
0
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

65
Risk · 0-100
MODERATE65 / 100

Early-stage franchise with unvalidated unit economics, missing financial disclosures, and minimum royalty terms that could consume one-third of franchisee profits.

Score breakdown · what drove the 65 / 100 rating

  1. 01MINOROnly 2 existing units with unknown growth trajectory suggests minimal system validation and high execution risk
  2. 02HIGHNo Item 19 (Going Concern: False) means franchisor has not provided audited financial performance representations to validate the $77,293 average net income claim
  3. 03MINORMinimum royalty of $500/week ($26,000/year) represents 34% of average net income, creating negative cash flow risk for underperforming locations
  4. 04MINORHigh initial investment range ($216,600–$482,150) relative to average net income (35.6% ROI best case) with 10-year breakeven timeline
  5. 05MINORMicro-franchisee base (2 units) creates survivorship bias—no data on failed or struggling locations

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
Protected territory
Yes
Initial term
10 years
Renewal term
10 years
Online sales rights
Restricted
Franchisor can compete
No
Hire a manager?
Allowed
Litigation count
0
Right of first refusal
Yes
Franchisor can buy back on resale
Mandatory arbitration
No
Jury trial waiver
Yes
Non-compete
3 yrs
Post-termination restriction
Owner-operator
Required
Governing law
Ohio

Item 11

Training & Operations

Classroom training
12 hrs
On-the-job training
95 hrs
POS system
Square
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

8 numbers

Locked
(410) 576-••••
MD
(804) 371-••••
VA
(651) 539-••••
MN

One-time purchase · CSV download · Validation questions included

FDD download

Little Diggers · FDD (2025) PDF

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