Bottom line
- Total investment $127K – $208K including a $45K franchise fee, 2.3% ongoing royalty.
- No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
- Rated MODERATE with a risk score of 62/100.
- System growing at 20.0% CAGR over 3 years with 49 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 New Again Houses unit return on the cash you put in?
Unlevered ROIC · per unit
73%
Above typical band (30–60%)
Overview
About
New Again Houses franchisees typically operate in home renovation, restoration, or property rehabilitation services. Day-to-day operations likely involve estimating damage/renovation scope, managing subcontractors, coordinating with insurance adjusters or homeowners, and overseeing project timelines and quality control. Revenue typically comes from insurance claims, direct homeowner contracts, or wholesale property flipping arrangements.
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 · 37 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.
No SBA loan data available for this brand.
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Stagnant unit growth, missing critical financial disclosures, and unverified income claims create material risk despite low litigation history and protected territory.
Score breakdown · what drove the 62 / 100 rating
- 01MEDAverage net income of $696,369 is NOT disclosed in FDD Item 19 — this figure appears sourced elsewhere and cannot be verified; franchisor transparency is compromised
- 02MINOROnly 49 units with 2.1% YoY growth indicates stagnant/declining system momentum — minimal expansion suggests market saturation or franchisee dissatisfaction
- 03MINORGross revenue figures withheld entirely — impossible to validate the $696K net income claim or calculate true ROI; red flag for franchisor accountability
- 04MEDHigh initial investment ($127K-$208K) paired with slow growth and undisclosed revenue metrics creates unfavorable risk-reward profile
- 05HIGH'Going Concern' status listed as False but lacks clarity — needs verification whether franchisor has disclosed liquidity/solvency issues in Item 23
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
70 numbers
One-time purchase · CSV download · Validation questions included
FDD download
New Again Houses · FDD (2025) PDF