Mighty Quinn’s Barbeque
Bottom line
- Total investment $494K – $896K including a $45K franchise fee, 5.0% ongoing royalty.
- Average unit revenue of $2.1M/year (median $1.8M).
- Rated STRONG with a risk score of 54/100. SBA loan default rate of 0.0% across 4 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 Mighty Quinn’s Barbeque unit return on the cash you put in?
Unlevered ROIC · per unit
48%
In Yale's "attractive" band (30–60%)
Levered LBO scenario · Yale Crease Capital framing
What would 25 Mighty Quinn’s Barbeque units return on equity?
Equity IRR · 5-yr
28.9%
3.55× MOIC
Year-1 DSCR
2.80×
EBITDA ÷ debt service
Equity required
$9.8M
on $21.1M purchase
Total debt
$11.3M
SBA $5.0M + senior + seller note
Overview
About
Franchisees operate casual-dining quick-service barbecue restaurants, managing food preparation (brisket, ribs, pulled pork smoking/seasoning), point-of-sale operations, inventory control of perishable proteins, and staffing for lunch/dinner service. Daily operations involve managing high-labor, high-food-cost production cycles in a limited-service model competing in the crowded fast-casual BBQ segment.
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 12 · 2 states reported
The Territory Map
FDD Item 12 reports the state count, but the specific list isn't in our current data. The map will appear once we re-extract from the FDD or enough franchisee contacts are available.
2
states with franchisees (per FDD Item 12)
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
Mighty Quinn's presents meaningful caution: a micro-unit system with undisclosed profitability metrics, unclear growth prospects, and significant upfront capital requirements that demand rigorous validation before investment.
Score breakdown · what drove the 54 / 100 rating
- 01MINOROnly 10 units system-wide with unknown/stagnant growth trajectory raises expansion viability concerns
- 02MINORNo net income disclosure (Item 19) prevents accurate ROI analysis and profitability verification
- 03MINORTiered royalty structure (5-6%) combined with high initial investment ($494K-$896K) creates margin compression risk
- 04HIGHGoing Concern status unknown/not disclosed; potential franchisor financial instability
- 05MINORHigh cost-of-goods for QSR barbecue (labor, meat, preparation) may compress margins below industry average
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
1 numbers
One-time purchase · CSV download · Validation questions included
FDD download
Mighty Quinn’s Barbeque · FDD (2022) PDF