Money PagesFranchise Cost, Revenue & Review 2026
Data from FDD filing + SBA 7(a) records
FranchiseVerdict summary · 2026
A Money Pages franchise requires a total initial investment of $109K – $259K, including a $50K franchise fee. Per the 2025 FDD, average unit revenue was $342K[2]. Verdict grade: B. Run a live ROI scan →
Data last verified June 18, 2026 · figures per the 2025 FDD issuance
Overview
- Investment
- $109K – $259K
- 32nd pct Business Serv…
- Avg gross sales
- $342K
- 7th pct Business Serv…
- Royalty
- N/A
- Units
- 28
- 25th pct Business Serv…
- SBA default
- 0.0%
- system-wide median varies by category
Quick verdict · Business Services · color = vs category peers
Green = >15% above Business Services avg · No shading = within ±15% · Red = >15% below avg · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
Franchised units fell from 15 to 13 over 3 years. Investigate why operators are leaving.
Bottom line
- Total investment $109K – $259K including a $50K franchise fee.
- Average unit revenue of $342K/year.
- Verdict B (Above Average) with a risk score of 58/100.
- 3 units terminated last reporting year (10.7% of the system). Ask existing franchisees why.
Item 1 · who you're contracting with
The Franchisor
- Legal entity
- Money Pages Franchising Group, LLC
- Ultimate parent
- Money Pages Holdings, LLC
- Predecessor
- or parent
- Prior franchisor entity
- CEO title
- President and Chief Executive Officer
- Bruce (“Alan”) Worley
- CEO experience
- 23 yrs
- Years in role or industry
- Incorporated in
- FL
- HQ
- 7892 Baymeadows Way, Jacksonville, Florida 32256
- Auditor
- David P. Chaney, CPA, P.C.
- Audited financials
- Franchisor revenue
- $2.9M
- vs $3.4M prior year
- Management churn noted
- Frequent turnover
- Item 2 disclosed frequent executive changes
Affiliated brands
- Money Pages of Florida
- Money Pages Holdings
Other brands the franchisor or its parent operates (Item 1).
Overview
About
Money Pages franchisees operate as local magazine publishers/distributors, producing monthly personal finance and lifestyle publications for their protected territory. Franchisees manage content curation, advertising sales, printing coordination, and local distribution to build a subscriber base and advertising revenue.
- CEO
- Bruce (“Alan”) Worley
- Headquarters
- FL
- Founded
- 2012
- FDD year
- 2025
- States available
- 3
FDD Item 7 · 2025 filing · 14 line items
Initial investment breakdown
| Line item | Low | High | |
|---|---|---|---|
| Initial Franchise Feenot refundable | $50K | $100K | |
| Lease, Utility and Security Depositsnot refundable | $0 | $3K | |
| Leasehold Improvementsnot refundable | $0 | $3K | |
| Signagenot refundable | $100 | $2K | |
| Furniture and Fixturesnot refundable | $0 | $3K | |
| Computers and Softwarenot refundable | $1K | $4K | |
| Office Equipmentnot refundable | $0 | $2K | |
| Office Supplies and Inventorynot refundable | $0 | $2K | |
| Business Licenses and Permitsnot refundable | $250 | $500 | |
| Professional Feesnot refundable | $500 | $3K | |
| Insurance (premium for a 3-month period)not refundable | $350 | $500 | |
| Grand Opening Marketingnot refundable | $6K | $36K | |
| Training Expensesnot refundable | $1K | $3K | |
| Additional Funds (first 3 months)not refundable | $50K | $100K | |
| Total initial investment | $109K | $259K |
Line items extracted from FDD Item 7. Ranges reflect the franchisor's stated low and high per line. Total is the sum of line-item lows / highs — actual costs may fall outside this range depending on market and build-out scope.
Single-unit · estimated
Returns at a glance
Indicative numbers using FDD Item 7 / Item 19 inputs and category-benchmarked cost ratios. Full single-unit, 25-unit portfolio, and LBO models (with every input editable to stress-test your own scenario) live on the financials page.
Store EBITDA · annual
$48K
14.0% margin
Unlevered ROIC
19%
EBITDA / total invested capital
Payback
5.4 yrs
cash-on-cash, unlevered
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $109K – $259K
- Better than avg vs category
- Liquid capital req'd
- $50K – $100K
- Near category avg vs category
- Franchise fee
- $50K – $100K
- Better than avg vs category
- Royalty
- $3,000 per Monthly Magazine
- Ad fund
- $250 per mailing zone
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty (flat) | $3,000 per Monthly Magazine with circulation of 35,000 or fewer households; $1,000 additional per Monthly Magazine over 35,000 circulation; $200 per Premium Product per mailing zone; $75 per client per month for digital targeted display; $100 design fee per client for digital campaigns |
| Technology fee | $250 |
| Transfer fee | $30 |
| Renewal fee | $2K |
Financial Performance
- Avg gross sales
- $342K
- Per unit, per year
- Median gross sales
- N/A
- Item 19 type
- Historical
- Sample size
- 4 units
- vs category median 32 · small
- Range (low → high)
- $161K→$524K
- Cohort dispersion (min → max)
- Transparency
- 1 / 5
- vs category median 3 / 5 · below
Compared against 360 Business Services brands
vs Business Services averages
How Money Pages Compares
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 28
- Opened
- 2
- Last reporting year
- Closed
- 3
- Terminated
- 3
- Franchisor ended the franchise (per Item 20)
- Non-renewed
- 0
- Term expired, not renewed (per Item 20)
- Turnover rate
- 10.7%
- Company-owned
- 15
- Corporate units in the system
- % franchised
- 46%
- vs corporate-owned
- Multi-unit owners
- 1.0%
- Net growth (yr3)
- -7.1%
- Net unit change last year
- 3-yr CAGR
- -13.3%
- Compounded over last 3 years
3-year detail · Item 20
- Opened (3yr)
- 1
- Terminated (3yr)
- 1
- Transfers (3yr)
- 0
- Projected new
- 3
- Franchisor's next-year forecast
- Termination rate
- 10.7%
- Franchisor-initiated terminations
- Ceased ops
- 10.7%
- Units that stopped operating
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 19 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.
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA loan disclosures. This brand has only 3 7(a) loans on file; statistical reliability is limited below 10 loans.
- Total loans
- 3
- Loan volume
- $340K
- Median loan
- $100K
- 50th percentile
- Charge-off rate
- 0.0%
- 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)
- 100.0%
- 5-yr charge-off
- N/A
- Loans approved 2021+
- Active lenders
- 1
- Defaults
- 0
Explore lender portfolios on Bank Reports or regional data on State Reports.
Premium insight
SBA Lending Report
Deep-dive into Money Pages's SBA lending history: lender network, geographic footprint, interest rates, and more.
SBA Lending Report
- Principal loss rate and NAICS industry benchmark
- 1 lenders with concentration factor
- Per-state charge-off rates across 3 states
- Startup risk premium and job creation velocity
- 3-year lending trend
Instant access. No subscription.
Risk analysis
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Money Pages presents HIGH RISK due to a contracting franchise system (28 units, -7.1% decline), unresolved going concern status, complete absence of financial performance disclosures, and a fixed $36k annual royalty structure with unknown revenue potential.
Litigation (Item 3)
No litigation required to be disclosed
Largest disclosed settlement: $100,000
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · David P. Chaney, CPA, P.C.
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Supplier relationship · Items 8 & 16
- Franchisor sells you products: Yes
- Kickbacks from required suppliers: No
- Must buy proprietary products: Yes
- Restricted to system-approved products: Yes
- Can negotiate own supplier terms: No
Score breakdown · what drove the 58 / 100 rating
- 01MEDUnit count declined 7.1% YoY (28 units is critically small system size)
- 02HIGHGoing Concern status is FALSE — indicates franchisor financial distress or viability questions
- 03MEDNo average revenue or net income disclosure (Item 19 missing) — impossible to validate ROI claims
- 04MEDHigh fixed monthly royalty ($3,000/month = $36,000/year) with undisclosed revenue creates unsustainable burden
- 05MEDFranchise fee ($50,000) represents 46-45% of total investment floor with no disclosed breakeven timeline
- 06MINOR7-year term is long commitment in declining system with no performance benchmarks provided
Severity inferred from the FDD text · not a regulatory classification
FDD Items 5, 6, 12, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 7 years |
|---|---|
| Renewal term | 5 years |
| Allowed renewalsℹ | 3 |
| Territory type | Mailing Zones |
| Protected territory | Yes |
| Exclusive territoryℹ | No |
| Territory population | 70,000 |
| Online sales rights | Granted |
| Franchisor can compete | Yes |
| Hire a manager? | Not allowed |
| Owner-operator | Required |
| Non-compete (years)ℹ | 2 years |
| Non-compete (miles)ℹ | 50 mi |
| Right of first refusalℹ | Yes |
| Transfer requires consent | Yes |
| Termination notice | 30 days |
| Termination groundsℹ | 3 |
| Curable defaultsℹ | 3 |
| Mandatory arbitration | Yes |
| Arbitration location | Jacksonville, Florida |
| Jury trial waiver | Yes |
| Governing law | Florida |
| Litigation count | 0 |
View Item 3 litigation summary
No litigation required to be disclosed
Items 10, 11
Training & Operations
- Classroom training
- 35 hrs
- On-the-job training
- 77 hrs
- Training location
- On-site and corporate
- Ongoing training
- Required
- Time to open
- 2 mo
- From signing to launch
- Franchisor financing
- Offered
- Item 10
- POS system
- Ad Orbit
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: Ad Orbit
Item 20 · call current owners
Franchisee Contacts
20 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
Money Pages · FDD (2025) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a Money Pages franchise?
The total investment to open a Money Pages franchise ranges from $109K – $259K, with an initial franchise fee of $50K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do Money Pages franchise owners earn?
According to Item 19 of the Money Pages FDD, the average gross sales per unit is $342K. Note: this is gross revenue, not profit. Actual owner earnings vary based on location, operating costs, and management.
What is Money Pages's franchise failure rate?
SBA 7(a) loan charge-off data is not available for Money Pages (fewer than 10 loans on file). Charge-off rates are one way to gauge franchise risk, but not all franchise loans go through the SBA program. We recommend reviewing turnover and closure data in the FDD and speaking with current franchisees.
How many Money Pages franchise locations are there?
As of their most recent FDD filing, Money Pages has 28 total units in the United States, including 15 franchised units and 15 company-owned units. 2 new units were opened in the latest reporting year.
Is Money Pages a good franchise to buy?
FranchiseVerdict rates Money Pages as a B-grade franchise with a risk score of 58 out of 100, 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.
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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.