Mighty Dog Roofing Franchise Cost, Revenue & Review 2026
Data from FDD filing + SBA 7(a) records
Analysis by FranchiseVerdict Research · Methodology
Mighty Dog Roofing is a home-services franchise providing residential and commercial roof repair, replacement, and inspection. Franchisees run a crew-based operation handling estimates, insurance-claim work, and installations in a protected territory.
FranchiseVerdict summary · 2026
A Mighty Dog Roofing franchise requires a total initial investment of $172K – $224K, including a $60K franchise fee. The 2025 FDD does not disclose unit-level revenue (no Item 19). SBA 7(a) loans show a 1.6% charge-off rate across 127 loans[1]. FranchiseVerdict grade: A (Strongest tier), an editorial assessment, not investment advice. Run a live ROI scan →
Data last verified · figures per the 2025 FDD issuance
Overview
- Investment
- $172K – $224K
- 72nd pct Home Services
- Avg gross sales
- N/A
- Royalty
- N/A
- Units
- 388
- 84th pct Home Services
- SBA charge-off
- 1.6%
- % of SBA 7(a) loans not repaid · median varies by category
Quick verdict · Home Services · color = vs category peers
Green = favorable by >10% vs Home Services avg · No shading = within ±10% · Red = unfavorable by >10% · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
Bottom line
- COSTTotal investment $172K – $224K including a $60K franchise fee.
- RETURNSFY2024 audited Statement of Income: Franchise fees $3,425,936; Royalties $8,307,137; Other service fees $2,472,373; total revenues $14,205,446. Members' deficit (negative equity) of $(674,704) at 12/31/2024.
- RISKVerdict A (Strongest tier), verdict score 86/100 (higher is better). SBA loan charge-off rate of 1.6% across 127 loans (well below the franchise average, based on all SBA 7(a) franchise lending, 2010–2025).
- FLAG41 units terminated last reporting year (10.6% of the system). Ask existing franchisees why.
Item 1 · who you're contracting with
The Franchisor
Corporate structure & franchisor financials
- Legal entity
- MDR United LLC
- Parent company
- JEZ Investments LLC
- Predecessor
- Roof Roof Franchising, LLC
- Prior franchisor entity
- CEO title
- Chief Executive Officer
- Anthony Hulbert
- Incorporated in
- PA
- HQ
- 2525 N. 117th Avenue, Third Floor, Omaha, Nebraska 68164
- Auditor
- Forvis Mazars, LLP
- Audited financials
- Franchisor revenue
- $14.2M
- vs $10.8M prior year
Affiliated brands
- HPB Automotive Sales
- MDR United Holdings
- HPB Accounting
- HorsePower Nation
- HPB Blinds and Shutters
Other brands the franchisor or its parent operates (Item 1).
Overview
About
- CEO
- Anthony Hulbert
- Headquarters
- NE
- Founded
- 2020
- FDD year
- 2025
- States available
- 34
Can you afford it, and what does the money buy?
Entry cost runs 12% below the typical home services franchise.
Source: FDD 2025 · Items 5–7
FDD Item 7 · 2025 filing
Initial investment breakdown
| Cost component | Low | High |
|---|---|---|
| Initial franchise fee | $60K | $60K |
| Working capital (3–6 mo) | $20K | $40K |
| Equipment, build-out, other | $92K | $124K |
| Total initial investment | $172K | $224K |
Source: Mighty Dog Roofing 2025 FDD, Items 5 and 7[2]. “Equipment, build-out, other” is computed as total minus disclosed line items above.
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $172K – $224K
- Bottom third — review vs category
- Liquid capital req'd
- $20K – $40K
- Middle of category vs category
- Franchise fee
- $60K – $60K
- Middle of category vs category
- Royalty
- Greater of: (i) tiered % of Gross Revenues Collected (6% …
- Ad fund
- 0.0%
- typical 3–5%
- Total fee load
- 9.0%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Marketing / ad fund | 0.0% of gross sales |
| Technology fee | $792 |
| Training fee | $5K |
| Transfer fee | $12K |
| Renewal fee | $12K |
| Total fee load | 9.0% of rev |
What do units actually make?
Source: FDD 2025 · Item 19
ROI & LBO modelsSingle-unit · 25-unit portfolio · editable
Mighty Dog Roofing did not disclose financial performance in FDD Item 19. The ROIC and return models require Item 19 revenue. Without it all inputs are estimates. You can still run the calculator with your own assumptions by entering an expected revenue figure.
Returns model · single-unit ROIC
What would one Mighty Dog Roofing unit return on the cash you put in?
Unlevered ROIC · per unit
Estimated return on your total franchise investment, before any debt financing.
43%
Within the 30–60% "attractive franchise" band
These models are for research and scenario planning only. Not investment advice. Actual results depend on your specific location, management, and market conditions. Consult a franchise attorney and accountant before signing any franchise agreement.
Item 19 · Source: 2025 FDD
Financial Performance
FY2024 audited Statement of Income: Franchise fees $3,425,936; Royalties $8,307,137; Other service fees $2,472,373; total revenues $14,205,446. Members' deficit (negative equity) of $(674,704) at 12/31/2024.
- Item 19 type
- Gross Sales by quartile (multi-territory franchisees) + single-territory data
- Sample size
- 303 territories
- vs category median 32 · large
- Quartile band
- $279K→$3.4M
- Bottom 25% → top 25%
- Reporting year
- 2024
- Fiscal year the figures cover
- Source filing
- FDD 2025
- Disclosed in the 2025 filing, covering 2024
- Transparency
- 4 / 10
- vs category median 4 / 10 · typical
Compared against 321 Home Services brands
Operator outlook
What the numbers say
Data-driven interpretation of this brand's financial disclosures, fee structure, and system trajectory.
Fee burden
Total ongoing fee load of 9.0% (near the Home Services average).
Disclosure
Item 19 reports Gross Sales by quartile (multi-territory franchisees) + single-territory data rather than annual gross sales, so unit revenue is not directly comparable.
Operator retention
System expanding at 60.3% CAGR over 3 years across 388 units — operators are staying and new ones are joining.
Source: FDD Item 19 financial performance representations and publicly filed FDD data. Past performance is not indicative of future results. Verify all figures with the franchisor and current franchisees before making any investment decision.
vs Home Services averages
How Mighty Dog Roofing Compares
Is the system healthy?
Source: FDD 2025 · Item 20
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 388
- Opened
- 75
- Last reporting year
- Closed
- 0
- Terminated
- 41
- Franchisor ended the franchise (per Item 20)
- Non-renewed
- 0
- Term expired, not renewed (per Item 20)
- Turnover rate
- 10.6%
- Company-owned
- 0
- Corporate units in the system
- % franchised
- 100%
- vs corporate-owned
- Net growth (3-yr)
- +60.3%
- Net unit change over 3 years
- 3-yr CAGR
- +60.3%
- Compounded over last 3 years
3-year detail · Item 20
- Opened (3yr)
- 75
- Closed (3yr)
- 0
- Terminated (3yr)
- 41
- Non-renewed (3yr)
- 0
- Transfers (3yr)
- 20
- Reacquired (3yr)
- 0
- Franchisor bought back
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 33 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 contact records (FDD Item 20). Shows states with at least one current operator on file. Full state registration data (Item 12) will appear on a future FDD refresh.
Available to sell in · Item 12
- California
- Hawaii
- Maryland
- Michigan
- Minnesota
- New York
- North Dakota
- Rhode Island
- Washington
States where the franchisor is registered to sell new franchises (FDD registration filings).
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA 7(a) and 504 loan disclosures, public data unique to FranchiseVerdict.
- Total loans
- 127
- Loan volume
- $29.2M
- Median loan
- $292K
- 50th percentile
- Charge-off rate
- 1.6%
- rates vary by category · see methodology
Historical SBA 7(a) lending data, not predictive of future performance. How SBA charge-off rates are calculated
- Repayment rate (PIF)
- 98.4%
- 5-yr charge-off
- 10.5%
- Loans approved 2021+
- Active lenders
- 10
- Defaults
- 2
- Typical loan rate
- 8.6%
- avg rate to borrowers
- vs industry
- 17.4%
- brand is below its industry ↓
- Jobs supported
- 923
- 3.2 per loan
- Lender concentration
- 86%
- top lender's share
Borrower mix: 99% went to startups / new businesses, 1% to established operators
Vintage analysis
Mighty Dog Roofing charge-off rate by loan vintage
Top lenders financing Mighty Dog Roofing franchisees
Showing 3 of 10 lenders. The full breakdown — every lender, state distribution, interest rates & risk ratings — is in the SBA Lending Report below.
Explore lender portfolios on Bank Reports or regional data on State Reports.
Premium insight
SBA Lending Report
Deep-dive into Mighty Dog Roofing's SBA lending history: lender network, geographic footprint, interest rates, and more.
SBA Lending Report
- Principal loss rate and NAICS industry benchmark
- 10 lenders with concentration factor
- Per-state charge-off rates across 15 states
- Startup risk premium and job creation velocity
- 6-year lending trend
Instant access. No subscription.
With a 1.6% charge-off rate across 127 loans, banks have historically viewed this brand favorably for lending.
What could kill this investment?
SBA loans charge off at 1.6% — 90% below the 16.0% national norm, i.e. lower lender-observed risk.
Source: SBA 7(a) FOIA · FDD Items 3, 21
Risk analysis
FranchiseVerdict rating + FDD Items 3, 4, 8, 16, 21
Risk & Legal
Meaningful litigation risk with five pending franchisee rescission claims, absence of earnings disclosure, and modest growth despite 388 units warrant cautious due diligence before commitment.
Litigation (Item 3)
4 franchisor-initiated suits against former franchisees for non-compete/royalty violations (Backporch Partners, TRI JB Corp, Flex Nine Exteriors, Warrior Home Services); 4 suits filed against franchisor by franchisees alleging fraudulent misrepresentation and breach of contract (Labento LLC, ECR Home Concepts, Gortz Enterprises, JMR Capital Holdings)
Largest disclosed settlement: $1
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · Forvis Mazars, LLP
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Supplier relationship · Items 8 & 16
- Franchisor sells you products: Yes
- Must buy proprietary products: No
- Restricted to system-approved products: Yes
Score breakdown · what drove the 86 / 100 verdict
- 01HIGHNine total litigation actions (4 franchisor-initiated + 5 franchisee rescission claims) indicate material disputes and potential misrepresentation issues
- 02MINORNo Item 19 (Average Net Income) disclosure prevents accurate ROI assessment despite $171.5K-$224K initial investment
- 03MINORFive pending franchisee rescission lawsuits based on misrepresentation allegations suggest systemic disclosure or performance promise problems
- 04MINOR9.6% YoY unit growth is modest for a roofing services franchise; slower growth may indicate market saturation or franchisee dissatisfaction
- 05MINORTiered royalty structure with $500 minimum floor means lower-revenue franchisees pay disproportionately (up to 6% vs promised 2% at scale)
Severity inferred from the FDD text · not a regulatory classification
What are you signing up for?
Ongoing fees run about 9.0% of sales (royalty + ad fund), before rent and labor.
Source: FDD 2025 · Items 11, 12, 17
FDD Items 12, 15, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 10 years |
|---|---|
| Renewal term | 10 years |
| Allowed renewalsℹ | 1 |
| Territory type | protected |
| Protected territory | Yes |
| Exclusive territoryℹ | No |
| Territory population | 50,000 |
| Online sales rightsℹ | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Required |
| Non-compete (years)ℹ | 2 years |
| Non-compete (miles)ℹ | 25 mi |
| Right of first refusalℹ | Yes |
| RoFR response window | 30 days |
| Transfer requires consent | Yes |
| Termination notice | 30 days |
| Termination groundsℹ | 1 |
| Curable defaultsℹ | 3 |
| Mandatory arbitration | Yes |
| Arbitration location | Bucks County, Pennsylvania |
| Jury trial waiver | Yes |
| Governing law | PA |
| Litigation count | 8 |
View Item 3 litigation summary
4 franchisor-initiated suits against former franchisees for non-compete/royalty violations (Backporch Partners, TRI JB Corp, Flex Nine Exteriors, Warrior Home Services); 4 suits filed against franchisor by franchisees alleging fraudulent misrepresentation and breach of contract (Labento LLC, ECR Home Concepts, Gortz Enterprises, JMR Capital Holdings)
Items 10, 11
Training & Operations
- Classroom training
- 36 hrs
- On-the-job training
- 57 hrs
- Training location
- Omaha, Nebraska (Phase III); online/webinar (Phase I and II)
- Ongoing training
- Required
- Time to open
- 6 mo
- From signing to launch
- Site selection
- Franchisor defines Protected Territory; franchisee selects home office or leased location within territory subject to franchisor approval
- Franchisor financing
- Offered
- Item 10
- POS system
- POS System
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: POS System
Item 20 · call current owners
Franchisee Contacts
99 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
Mighty Dog Roofing · FDD (2025) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a Mighty Dog Roofing franchise?
The total investment to open a Mighty Dog Roofing franchise ranges from $172K – $224K, with an initial franchise fee of $60K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do Mighty Dog Roofing franchise owners earn?
Mighty Dog Roofing does not disclose average franchise owner earnings in their FDD Item 19. Not all franchisors are required to make financial performance representations. We recommend asking existing franchisees directly about their financial experience.
What is Item 19 in the Mighty Dog Roofing FDD?
The FDD section where a franchisor may disclose financial performance of its outlets. Disclosure is optional and formats vary; figures are typically gross sales, which is revenue before expenses, not profit. FranchiseVerdict extracts these figures directly from the Mighty Dog Roofing FDD and qualifies whose outlets they describe.
What is Mighty Dog Roofing's franchise failure rate?
Based on SBA 7(a) loan data, Mighty Dog Roofing has a charge-off rate of 1.6% across 127 loans, meaning 1.6% of franchise loans were charged off. Charge-off rates are one proxy for franchise risk, though they do not capture all closures. This data comes from FOIA-sourced SBA lending records.
How many Mighty Dog Roofing franchise locations are there?
As of their most recent FDD filing, Mighty Dog Roofing has 388 total units in the United States, including 388 franchised units and 0 company-owned units. 75 new units were opened in the latest reporting year.
Is Mighty Dog Roofing a good franchise to buy?
FranchiseVerdict rates Mighty Dog Roofing as a A-grade franchise with a verdict score of 86 out of 100 (higher is better), based on our analysis of investment costs, revenue data, SBA loan performance, and growth trends. Our rating is based solely on publicly available FDD and government data; we recommend speaking with current franchisees before making any investment decision. This is not investment advice.
Data sourced from public FDD filings and SBA 7(a) FOIA records. Not financial advice.
For franchisors
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Data extracted from public FDD filings and SBA 7(a) loan disclosures (FOIA). This information is provided for research purposes only and does not constitute financial, legal, or investment advice. Verify all figures with the franchisor's current Franchise Disclosure Document before making any investment decision.