FranchiseVerdict
P.S. I Crepe You logo
FV-01859·MODERATEExcellent86

P.S. I Crepe You

RetailFranchising since 2025Website
Investment
$256K – $412K
63rd pct Retail
Avg revenue
$464K
6th pct Retail
Royalty
5.0%
15th pct Retail
Units
2
3rd pct Retail
SBA default

Bottom line

  • Total investment $256K – $412K including a $35K franchise fee, 5.0% ongoing royalty.
  • Average unit revenue of $464K/year.
  • Rated MODERATE with a risk score of 65/100.
  • Emerging franchise — only 1 year of franchising with 2 units. Early-stage systems carry higher risk but may offer better territory availability.

Item 1 · who you're contracting with

The Franchisor

Legal entity
J&A Crepes Franchising, LLC
Incorporated in
Wyoming
HQ
6095 Magnolia Ave, Suite E, Riverside, CA 92506
Auditor
Muhammad Zubairy, CPA PC
Audited financials

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 P.S. I Crepe You unit return on the cash you put in?

Revenue · per unit, per year
$
FDD Item 19 reports $463,611
Franchisor take · royalty + ad fund
Royaltytyp 68%
%
Ad fundtyp 35%
%
Operating costs · category default: retail
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $256K–$412K
Working capital
$
FDD reports $40K–$60K

Unlevered ROIC · per unit

11%

Below typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$42K
EBITDA margin
9.0%
Total invested
$384K
Payback
110 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.

Levered LBO scenario · Yale Crease Capital framing

What would 25 P.S. I Crepe You units return on equity?

Edit assumptions

Equity IRR · 5-yr

49.9%

7.57× MOIC

Year-1 DSCR

1.88×

EBITDA ÷ debt service

Equity required

$185K

on $927K purchase

Total debt

$742K

SBA $0.5M + senior + seller note

Overview

About

P.S. I Crepe You franchisees operate a casual food service concept selling crepes and related items. Daily operations involve food preparation, customer service, inventory management, and point-of-sale transactions in a small-format retail location. The business model appears positioned as a quick-service or fast-casual dining concept.

CEO
Patricia Rodallegas
Founded
2024
FDD year
2025
States available
1

Item 7 · what it costs

The Vitals

Total investment
$256K – $412K
All-in to open one unit
Liquid capital
$40K – $60K
Cash you must have on hand
Franchise fee
$35K
Royalty
5.0%
Gross Sales · typical 6–8%
Ad fund
1.0%
typical 3–5%
Total fee load
6.0%
vs 9–13% typical

Item 19

Financial Performance

Avg gross sales
$464K
Per unit, per year
Median gross sales
Item 19 type
Affiliate Owned Location
Sample size
1 units
vs category median 52 · small
Range (low → high)
$419K$508K
Cohort dispersion
Transparency
3 / 5
vs category median 3 / 5 · typical
Revenue rank6th
vs Retail peers
Investment cost rank63th
Lower investment ranks lower (better)
Royalty rate rank15th
Lower royalty = lower percentile (better)
Unit count rank3th
vs Retail peers
Risk score rank73th
Lower risk = lower percentile (better)

Item 20 · unit dynamics

The Growth Chart

Total units
2
Opened
1
Last reporting year
Closed
0
Turnover rate
0.0%
Company-owned
2
Corporate units in the system
% franchised
0%
vs corporate-owned
2023
0+1
Franchised units
2024
0
Franchised units
2025
0
Franchised units

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

Item 20 · 14 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 · 14 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.

No SBA loan data available for this brand.

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

Risk & Legal

65
Risk · 0-100
MODERATE65 / 100

Underdeveloped franchise system (2 units only) with undisclosed unit economics, going concern issues, and unproven unit profitability despite moderate revenue figures.

Score breakdown · what drove the 65 / 100 rating

  1. 01MINOROnly 2 existing units with unknown growth trajectory raises serious scalability concerns
  2. 02MEDNet income not disclosed despite $463k average revenue—suggests profitability problems or franchisor opacity
  3. 03HIGHGoing Concern status is FALSE, indicating potential financial distress at corporate level
  4. 04MEDHigh investment-to-unit ratio ($256k-$412k for a crepe concept) with limited proof of ROI
  5. 05MED5% royalty on gross sales with no disclosed net income creates uncertainty about actual franchisee profitability after all expenses

Severity inferred from the FDD text · not a regulatory classification

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

Contract & Territory Detail

Territory
Radius or other boundaries
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
No
Non-compete
2 yrs
Post-termination restriction
Owner-operator
Optional
Governing law
Wyoming

Item 11

Training & Operations

Classroom training
48 hrs
On-the-job training
13 hrs
POS system
Snackpass POS
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

14 numbers

Locked
(804) 371-••••
VA
(701) 328-••••
ND
(503) 378-••••
OR

One-time purchase · CSV download · Validation questions included

FDD download

P.S. I Crepe You · FDD (2025) PDF

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