Bottom line
- Total investment $885K – $2.2M including a $60K franchise fee, 7.0% ongoing royalty.
- Average unit revenue of $1.1M/year (median $1.1M). Estimated payback in 6.1 years.
- Rated STRONG with a risk score of 46/100. SBA loan default rate of 0.0% across 40 loans (below the industry average).
- System growing at 25.0% CAGR over 3 years with 28 total units — strong expansion trajectory.
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 MONSTER MINI GOLF unit return on the cash you put in?
Unlevered ROIC · per unit
10%
Below typical band (30–60%)
Levered LBO scenario · Yale Crease Capital framing
What would 25 MONSTER MINI GOLF units return on equity?
Equity IRR · 5-yr
49.9%
7.57× MOIC
Year-1 DSCR
1.88×
EBITDA ÷ debt service
Equity required
$1.6M
on $7.8M purchase
Total debt
$6.2M
SBA $3.9M + senior + seller note
Overview
About
Franchisees operate themed indoor mini-golf facilities with arcade games, food/beverage service, and party/event hosting. Day-to-day operations include customer service, staff scheduling, maintenance of courses and equipment, inventory management, promotional marketing, and event booking coordination.
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 · 18 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
Stagnant franchise system with high capital requirements, opaque financial claims, and secular headwinds in entertainment venues; suitable only for operators with strong local market knowledge and capital reserves.
Score breakdown · what drove the 46 / 100 rating
- 01MINORMinimal unit growth (4.2% YoY) suggests mature/stagnant system with only ~1 net new location annually across 28 units
- 02HIGHNo Item 19 financial performance representation (Going Concern = False) limits transparency on actual franchisee profitability claims
- 03MINORHigh initial investment range ($885K-$2.1M) against modest average net income ($251K) yields 3.5-8.8 year payback with no guarantee of reaching averages
- 04MINOR7% royalty on gross sales reduces net margins significantly; break-even analysis unclear for underperforming locations
- 05MINORSeasonal entertainment venue vulnerability—mini golf highly dependent on foot traffic, weather, and local competition
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
32 numbers
One-time purchase · CSV download · Validation questions included
FDD download
MONSTER MINI GOLF · FDD (2025) PDF