Bottom line
- Total investment $1.8M – $3.6M including a $40K franchise fee.
- No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
- Rated MODERATE with a risk score of 65/100. SBA loan default rate of 0.0% across 4 loans (below the industry average).
- No Item 19 financial performance representation. Without franchisor-disclosed revenue data, you'll need to gather unit economics directly from existing franchisees.
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 Midwest Shooting Center unit return on the cash you put in?
Unlevered ROIC · per unit
2%
Below typical band (30–60%)
Overview
About
Franchisees operate indoor or outdoor shooting ranges offering recreational and competitive shooting facilities, ammunition sales, firearms rentals, and training instruction. Day-to-day operations include range safety supervision, customer intake and liability waivers, equipment maintenance, inventory management, and compliance with federal and state firearms regulations.
Item 7 · what it costs
The Vitals
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
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 16 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
Extreme lack of financial disclosure combined with a micro-sized system and high capital requirements make this a speculative, high-risk investment with no proven unit economics.
Score breakdown · what drove the 65 / 100 rating
- 01MEDNo Item 19 financial performance disclosure (average revenue and net income not disclosed) — impossible to assess actual profitability
- 02MEDOnly 7 units system-wide suggests minimal scale, limited brand recognition, and questionable franchisor viability
- 03MINORHigh capital requirement ($1.8M–$3.5M) combined with unknown returns creates severe risk-reward imbalance
- 04MINORHybrid royalty structure (4% or $5,000/month minimum) means unprofitable locations still owe $60K annually, reducing margin flexibility
- 05MEDNo disclosed unit growth trajectory raises concerns about system momentum and franchisee recruitment success
- 06MINORShooting ranges face regulatory complexity, liability exposure, and declining recreational shooting participation in some markets
- 07MINOR10-year term is lengthy given lack of financial transparency and small system size
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
18 numbers
One-time purchase · CSV download · Validation questions included
FDD download
Midwest Shooting Center · FDD (2024) PDF