FranchiseVerdict
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FV-01605·MODERATEExcellent81

MedXwaste

Health & Wellness - OtherFranchising since 2019Website
Investment
$102K – $142K
25th pct Other
Avg revenue
63rd pct Other
Royalty
Units
9
37th pct Other
SBA default

Bottom line

  • Total investment $102K – $142K 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 60/100.
  • 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
MedXwaste Franchise LLC
Parent company
MEDXWASTE LLC
Incorporated in
Florida
HQ
13340 Lincoln Road, Riverview, Florida 33578
Auditor
Day Seckler LLP
Audited financials
Franchisor revenue
$14K
vs $16K 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 MedXwaste 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: personal services
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $102K–$142K
Working capital
$
FDD reports $25K–$40K

Unlevered ROIC · per unit

112%

Above typical band (30–60%)

0%30–60% Yale band80%
ROIC above 100% usually means the revenue figure is a system-wide aggregate or top-cohort number rather than a single-unit average. Verify the "Revenue · per unit" field against the brand's FDD Item 19 detail tables before relying on this output.

Store EBITDA · annual
$173K
EBITDA margin
23.0%
Total invested
$154K
Payback
11 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 medical waste collection, segregation, and disposal services for healthcare facilities, clinics, and laboratories. Day-to-day operations include client pickup scheduling, proper waste handling/compliance with OSHA and EPA regulations, documentation, and billing. This is a B2B service business requiring regulatory knowledge, customer relationship management, and operational logistics.

CEO
Sean Fredricks
Founded
2019
FDD year
2025
States available
8

Item 7 · what it costs

The Vitals

Total investment
$102K – $142K
All-in to open one unit
Liquid capital
$25K – $40K
Cash you must have on hand
Franchise fee
$50K
Royalty
the greater of $650 or 8% of your gross sales after 90 bu…
Ad fund
1.0%
typical 3–5%
Total fee load
9.0%
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
9
Opened
3
Last reporting year
Closed
0
Turnover rate
0.0%
Company-owned
1
Corporate units in the system
% franchised
89%
vs corporate-owned
Net growth (yr3)
+60.0%
Net unit change last year
3-yr CAGR
+166.7%
Compounded over last 3 years
2023
8+3
Franchised units
2024
5
Franchised units
2025
3
Franchised units

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

Item 20 · 15 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 · 15 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

60
Risk · 0-100
MODERATE60 / 100

Extreme caution warranted: pre-revenue financial metrics absent, micro-franchise system with unproven unit economics, and high fixed royalty burden relative to startup costs.

Score breakdown · what drove the 60 / 100 rating

  1. 01MEDNo average revenue or net income disclosed (Item 19) — impossible to assess profitability or ROI on $101k-$142k investment
  2. 02MEDOnly 9 units in system with 60% YoY growth is extremely small base — high volatility risk and limited peer support network
  3. 03MINORHigh royalty floor ($650/month minimum = $7,800/year) creates break-even pressure for new franchisees in early ramp phase
  4. 04MINORFranchise fee ($50,000) represents 49% of minimum total investment — high upfront cost relative to system size and maturity
  5. 05HIGHNo litigation disclosed is positive, but small unit count limits statistical significance of claim
  6. 06MINORSpecialized medical waste vertical has regulatory complexity and compliance risk not addressed in basic data

Severity inferred from the FDD text · not a regulatory classification

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

Contract & Territory Detail

Territory
Exclusive Territory
Protected territory
Yes
Initial term
7 years
Renewal term
7 years
Online sales rights
Restricted
Franchisor can compete
Yes
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
2 yrs
Post-termination restriction
Owner-operator
Optional
Governing law
Florida

Item 11

Training & Operations

Classroom training
28 hrs
On-the-job training
8 hrs
POS system
iPad mini 2 or later
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

16 numbers

Locked
(217) 782-••••
IL
(213) 576-••••
CA
(651) 539-••••
MN

One-time purchase · CSV download · Validation questions included

FDD download

MedXwaste · FDD (2025) PDF

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