MilliCare Floor & Textile Care
Bottom line
- Total investment $199K – $253K including a $49K franchise fee, 6.0% ongoing royalty.
- Average unit revenue of $458K/year (median $240K).
- Rated STRONG with a risk score of 52/100. SBA loan default rate of 0.0% across 21 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 MilliCare Floor & Textile Care unit return on the cash you put in?
Unlevered ROIC · per unit
17%
Below typical band (30–60%)
Levered LBO scenario · Yale Crease Capital framing
What would 25 MilliCare Floor & Textile Care units return on equity?
Equity IRR · 5-yr
49.9%
7.57× MOIC
Year-1 DSCR
1.88×
EBITDA ÷ debt service
Equity required
$366K
on $1.8M purchase
Total debt
$1.5M
SBA $0.9M + senior + seller note
Overview
About
MilliCare franchisees operate commercial floor and textile cleaning services, managing recurring contracts with office buildings, hotels, healthcare facilities, and retail locations. Daily operations include scheduling crews, managing equipment/inventory, billing clients, and handling customer service for janitorial/restoration work. Revenue typically comes from contract-based recurring revenue and one-time specialized cleaning projects.
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 20 · 34 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
Declining unit growth, active litigation alleging fraud, undisclosed profitability metrics, and high entry costs create material investment risk requiring thorough franchisee validation before committing $200K+.
Score breakdown · what drove the 52 / 100 rating
- 01MINORUnit count declining 1.7% YoY despite 59-unit system suggests market saturation or franchisee struggles
- 02HIGHActive litigation with former franchisee alleging fraudulent inducement and state franchise law violations indicates legal/compliance risk
- 03MEDNo disclosed net income despite $457,757 average revenue raises profitability and transparency concerns
- 04MINORHigh initial investment ($198,500–$253,000) with 6% royalty creates significant fixed cost burden with unclear margins
- 05HIGHGoing Concern status is False, though lack of Item 19 financial data prevents independent revenue/profitability verification
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
59 numbers
One-time purchase · CSV download · Validation questions included
FDD download
MilliCare Floor & Textile Care · FDD (2025) PDF