Bottom line
- Total investment $311K – $524K including a $49K franchise fee, 7.0% ongoing royalty.
- Average unit revenue of $502K/year (median $467K).
- Rated STRONG with a risk score of 52/100. SBA loan default rate of 0.0% across 8 loans (below the industry average).
- System growing at 40.0% CAGR over 3 years with 28 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 PetWell unit return on the cash you put in?
Unlevered ROIC · per unit
22%
Below typical band (30–60%)
Levered LBO scenario · Yale Crease Capital framing
What would 25 PetWell units return on equity?
Equity IRR · 5-yr
49.9%
7.57× MOIC
Year-1 DSCR
1.88×
EBITDA ÷ debt service
Equity required
$1.4M
on $7.0M purchase
Total debt
$5.6M
SBA $3.5M + senior + seller note
Overview
About
PetWell franchisees operate pet wellness facilities (likely veterinary services, grooming, or preventative care). Day-to-day operations involve managing staff, providing or coordinating pet health services, handling client scheduling/billing, and maintaining compliance with health/safety standards.
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 · 24 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
PetWell presents moderate-to-elevated risk due to undisclosed profitability metrics, franchisor financial concerns, and slow system growth that make unit-level ROI impossible to validate.
Score breakdown · what drove the 52 / 100 rating
- 01MEDNo Item 19 (Average Unit Volume) disclosed — cannot verify if $502K average revenue translates to acceptable profitability
- 02MEDNet income not disclosed — unable to assess actual franchise profitability after 7% royalties and operating costs
- 03HIGHGoing Concern status is False — potential financial instability at franchisor level raises system sustainability questions
- 04MEDHigh investment range ($311K-$523K) against modest disclosed revenue creates ROI uncertainty
- 05MEDSlow unit growth (10.5% YoY on small base of 28 units) suggests limited market traction or franchisee recruitment challenges
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
39 numbers
One-time purchase · CSV download · Validation questions included
FDD download
PetWell · FDD (2025) PDF