Patrice & Associates
Bottom line
- Total investment $105K – $121K including a $65K franchise fee, 10.0% ongoing royalty.
- Average unit revenue of $19K/year (median $3K).
- Rated MODERATE with a risk score of 59/100. SBA loan default rate of 0.0% across 147 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
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 Patrice & Associates unit return on the cash you put in?
Unlevered ROIC · per unit
2%
Below typical band (30–60%)
Overview
About
Patrice & Associates franchisees appear to operate a service-based business model (specific service category not identified in data provided). Daily operations likely involve client acquisition, service delivery, and compliance with brand standards, though the business model and unit economics remain unclear given the lack of disclosed financial performance data.
Item 7 · what it costs
The Vitals
Item 19
Financial Performance
Item 20 · unit dynamics
The Growth Chart
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 27 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
Stagnant unit growth, litigation history involving misrepresentation/earnings non-disclosure, and absence of transparent financial data create elevated risk despite protected territory.
Score breakdown · what drove the 59 / 100 rating
- 01MEDStagnant unit growth (0.5% YoY) indicates system decline or saturation with 189 units showing minimal expansion momentum
- 02HIGHHistory of litigation including concluded misrepresentation/breach claims plus pending fraudulent inducement lawsuit alleging failure to disclose earnings
- 03MEDCritical absence of Item 19 financial performance data — average revenue of ~$19K is suspiciously low and net income entirely undisclosed, preventing ROI validation
- 04MEDHigh initial investment ($105-121K) relative to disclosed average revenue ($18,976) creates immediate profitability concerns and extended break-even timeline
- 05MINOR10% royalty on gross sales is extracted regardless of profitability, and with average net income withheld, true take-home pay is opaque
- 06MINORPending Sweeney lawsuit specifically alleges failure to disclose earnings — red flag for systemic earnings misrepresentation to franchisees
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
96 numbers
One-time purchase · CSV download · Validation questions included
FDD download
Patrice & Associates · FDD (2025) PDF