Bottom line
- Total investment $233K – $661K including a $20K franchise fee.
- No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
- Rated MODERATE with a risk score of 65/100. SBA loan default rate of 0.0% across 2 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 Multivista unit return on the cash you put in?
Unlevered ROIC · per unit
15%
Below typical band (30–60%)
Overview
About
Multivista franchisees operate photography and imaging businesses, likely providing real estate photography, virtual tours, and/or aerial drone services to property companies. Daily operations involve managing client relationships, conducting on-site photography/video work, processing digital content, and delivering digital products or online platforms to end clients.
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 · 16 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
Multivista presents meaningful risk due to stagnant unit growth, absence of financial disclosure (Item 19), aggressive royalty structure, and litigation history indicating competitive and talent retention challenges.
Score breakdown · what drove the 65 / 100 rating
- 01MINORStagnant unit growth (1.5% YoY on 73 units indicates system is barely growing and may be losing units)
- 02MINORNo Item 19 financial disclosure — cannot verify average revenue or profitability claims, making ROI impossible to validate
- 03MEDHigh royalty structure (18% of gross sales is above industry standard for service businesses) with no disclosed average revenue to assess true burden
- 04HIGHLitigation history involving trade secret misappropriation and non-compete disputes suggests competitive vulnerability and internal talent retention issues
- 05MINORWide investment range ($232K-$661K) with no financial performance data raises concerns about variability in unit economics and franchisee outcomes
- 06HIGHGoing Concern status is False but combined with slow growth and zero transparency, suggests franchisor may lack strong financial health
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
40 numbers
One-time purchase · CSV download · Validation questions included
FDD download
Multivista · FDD (2025) PDF