FranchiseVerdict
NEW CREATIONS logo
FV-01764·STRONGExcellent81

New Creations

Formerly known as Steven Stone

Cleaning - Commercial & JanitorialFranchising since 2019Website
Investment
$101K – $322K
43rd pct Commercial & …
Avg revenue
65th pct Commercial & …
Royalty
7.0%
31st pct Commercial & …
Units
20
32nd pct Commercial & …
SBA default
0.0%
vs <3% typical

Bottom line

  • Total investment $101K – $322K including a $65K franchise fee, 7.0% ongoing royalty.
  • No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
  • Rated STRONG with a risk score of 44/100. SBA loan default rate of 0.0% across 12 loans (below the industry average).
  • Auditor disclosed a going-concern note — flagged doubt about the franchisor's ability to continue operations. Verify against the latest FDD.

Item 1 · who you're contracting with

The Franchisor

Legal entity
STEVENSTONE INC.
Incorporated in
Washington
HQ
13215 SE Mill Plain Blvd, Suite C8 #504, Vancouver, Washington 98684
Auditor
Sabey CPA, LLC
Audited financials
Franchisor revenue
$194K
vs $268K prior year
⚠ Going-concern note
Disclosed in FDD 2025
Auditor flagged doubt about continued operations. Verify against the latest FDD before deciding.

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 CREATIONS unit return on the cash you put in?

Revenue · per unit, per year
$
Item 19 not disclosed — typing your own estimate
Franchisor take · royalty + ad fund
Royaltytyp 68%
%
Ad fundtyp 35%
%
Operating costs · category default: restoration
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $101K–$322K
Working capital
$
FDD reports $3K–$25K

Unlevered ROIC · per unit

33%

In Yale's "attractive" band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$75K
EBITDA margin
10.0%
Total invested
$226K
Payback
36 mo
Unit-level only. A multi-unit portfolio gives up roughly 5–15% of this to shared services (corporate G&A) before reaching the ~10-unit break-even Yale describes.

Overview

About

NEW CREATIONS franchisees operate faith-based or spiritually-focused retail/service locations (specific vertical unclear from limited data). Day-to-day responsibilities likely include inventory management, customer sales/service delivery, staff scheduling, local marketing, and compliance with brand standards and royalty reporting.

CEO
Larry Stevenson
Founded
2017
FDD year
2025
States available
11

Item 7 · what it costs

The Vitals

Total investment
$101K – $322K
All-in to open one unit
Liquid capital
$3K – $25K
Cash you must have on hand
Franchise fee
$65K
Royalty
7.0%
Gross Sales · typical 6–8%
Ad fund
2.0%
typical 3–5%
Total fee load
9.0%
vs 9–13% typical

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

Total units
20
Opened
7
Last reporting year
Closed
1
Turnover rate
5.0%
Company-owned
1
Corporate units in the system
% franchised
95%
vs corporate-owned
Net growth (yr3)
+46.2%
Net unit change last year
3-yr CAGR
Outlier (see FDD)
Likely small-sample artifact
2023
19+6
Franchised units
2024
13
Franchised units
2025
6
Franchised units

Year-over-year franchised unit counts and net change. Source: FDD Item 20.

Item 20 · 10 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).

AK
ME
VT
NH
MA
RI
CT
NY
NJ
PA
DE
MD
DC
WA
OR
CA
NV
ID
MT
WY
UT
CO
AZ
NM
ND
SD
NE
KS
OK
TX
MN
IA
MO
AR
LA
WI
IL
MS
TN
MI
IN
KY
AL
OH
WV
GA
VA
NC
SC
FL
HI
Registered · 10 states
Not registered

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.

Total loans
12
Loan volume
Avg loan
Default rate
0.0%
vs <3% typical · system-wide
5-yr default

FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17

Risk & Legal

44
Risk · 0-100
STRONG44 / 100

NEW CREATIONS presents moderate-to-cautious risk: rapid growth from a micro-base, no earnings transparency, and high fee structure warrant detailed franchisee validation before commitment.

Score breakdown · what drove the 44 / 100 rating

  1. 01MEDNo average revenue or net income disclosed in FDD Item 19 — unable to assess realistic ROI or profitability benchmarks
  2. 02MINORSmall franchisee base (20 units) limits statistical reliability and peer support network; 46.2% YoY growth is positive but from a tiny denominator
  3. 03MEDHigh initial investment range ($100K–$322K) combined with 7% royalty creates significant break-even pressure without disclosed earnings data
  4. 04MINORFranchise fee of $65,000 represents 64–65% of minimum investment; unusual capital structure suggests operational costs may be front-loaded
  5. 05MINOR10-year term is longer than industry average (5–7 years), creating extended commitment risk without performance guarantees

Severity inferred from the FDD text · not a regulatory classification

FDD Items 5, 6, 12, 17 · continued from Risk & Legal

Contract & Territory Detail

Territory
Population
Protected territory
Yes
Initial term
10 years
Renewal term
10 years
Online sales rights
Granted
Franchisor can compete
Yes
Hire a manager?
Allowed
Litigation count
0
Right of first refusal
Yes
Franchisor can buy back on resale
Mandatory arbitration
Yes
Jury trial waiver
Yes
Non-compete
2 yrs
Post-termination restriction
Owner-operator
Optional
Governing law
Washington

Item 11

Training & Operations

Classroom training
7 hrs
On-the-job training
101 hrs
POS system
Jobber
Operating tech stack

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

55 numbers

Locked
(253) 656-••••
WA
(604) 414-••••
(403) 681-••••

One-time purchase · CSV download · Validation questions included

FDD download

NEW CREATIONS · FDD (2025) PDF

Single-page checkout · instant download · CSV export of contacts available separately above