Bottom line
- Total investment $173K – $480K including a $0 franchise fee.
- No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
- Rated CAUTION with a risk score of 72/100. SBA loan default rate of 0.0% across 4 loans (below the industry average).
- No Item 19 financial performance representation. Without franchisor-disclosed revenue data, you'll need to gather unit economics directly from existing franchisees.
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 Mulberrys Garment Care unit return on the cash you put in?
Unlevered ROIC · per unit
24%
Below typical band (30–60%)
Overview
About
Mulberrys Garment Care franchisees operate dry cleaning and garment care facilities, providing professional clothing cleaning, pressing, alterations, and specialty fabric care services to retail customers. Day-to-day operations include managing cleaning equipment, staff scheduling, inventory of cleaning chemicals/supplies, customer service, and quality control of garment finishing.
Item 7 · what it costs
The Vitals
Item 19
Financial Performance
This franchisor did not disclose financial performance representations in Item 19, or our extractor could not parse them.
Item 20 · unit dynamics
The Growth Chart
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 24 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
Extreme caution warranted: single-unit system with non-disclosed financials, going concern issues, opaque royalty model, and unproven profitability creates substantial risk of total capital loss.
Score breakdown · what drove the 72 / 100 rating
- 01MINOROnly 1 unit in system with unknown growth trajectory indicates potential system collapse or early-stage concept with unproven model
- 02MEDNo average revenue or net income disclosed (no Item 19) prevents assessment of profitability and return on $173k-$480k investment
- 03HIGHGoing Concern = False suggests franchisor may have financial instability or operational viability concerns
- 04MINORUnusual royalty structure (1/3 of subfranchisee royalties) is opaque and creates misaligned incentives between franchisor and franchisee
- 05MINOR$0 franchise fee combined with high unit costs is atypical and may indicate franchisor cannot attract capital through traditional fees
- 06MINOR25-year term is unusually long with only 1 existing unit — high lock-in risk with unproven concept
- 07MINORProtected territory is sole competitive advantage listed, but meaningless if brand has no market presence or demand validation
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
24 numbers
One-time purchase · CSV download · Validation questions included
FDD download
Mulberrys Garment Care · FDD (2024) PDF