Mugshots Grill & Bar
Bottom line
- Total investment $848K – $1.7M including a $50K franchise fee, 5.0% ongoing royalty.
- Average unit revenue of $2.2M/year (median $2.0M).
- Rated STRONG with a risk score of 52/100. SBA loan default rate of 0.0% across 2 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 Mugshots Grill & Bar unit return on the cash you put in?
Unlevered ROIC · per unit
28%
Below typical band (30–60%)
Levered LBO scenario · Yale Crease Capital framing
What would 25 Mugshots Grill & Bar units return on equity?
Equity IRR · 5-yr
28.6%
3.51× MOIC
Year-1 DSCR
2.84×
EBITDA ÷ debt service
Equity required
$10.2M
on $21.7M purchase
Total debt
$11.5M
SBA $5.0M + senior + seller note
Overview
About
Franchisees operate casual dining establishments serving grilled food and alcoholic beverages, managing kitchen and bar operations, staff scheduling, inventory, and customer service across a dine-in location. Daily responsibilities include food preparation oversight, beverage management, point-of-sale operations, and maintaining brand standards across marketing and service delivery.
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 · 3 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
Undisclosed profitability metrics combined with modest growth and high capital requirements create material uncertainty around franchisee ROI and system viability.
Score breakdown · what drove the 52 / 100 rating
- 01MEDNo Item 19 (Average Unit Volume) disclosed despite $2.17M average revenue claim — inability to verify profitability and actual franchisee performance
- 02MEDSlow unit growth of 6.7% YoY with only 22 units suggests limited scalability and potential market saturation concerns
- 03MEDHigh capital requirement ($848K-$1.73M) relative to disclosed average revenue creates significant payback period risk without net income transparency
- 04MEDSmall franchise system (22 units) indicates limited operational infrastructure and support resources compared to established brands
- 05MINOR5% royalty on gross sales (not net) means franchisees pay regardless of profitability, creating cash flow stress in low-margin quarters
Severity inferred from the FDD text · not a regulatory classification
FDD Items 5, 6, 12, 17 · continued from Risk & Legal
Contract & Territory Detail
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
12 numbers
One-time purchase · CSV download · Validation questions included
FDD download
Mugshots Grill & Bar · FDD (2024) PDF