Bottom line
- Total investment $798K – $1.8M 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 CAUTION with a risk score of 72/100. SBA loan default rate of 0.0% across 4 loans (below the industry average).
- No Item 19 financial performance representation. Without franchisor-disclosed revenue data, you'll need to gather unit economics directly from existing franchisees.
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 PickleRage unit return on the cash you put in?
Unlevered ROIC · per unit
8%
Below typical band (30–60%)
Overview
About
PickleRage franchisees operate quick-service or casual dining establishments specializing in pickle-based food products (likely fermented pickles, pickle sides, or pickling services). Day-to-day operations include food preparation, inventory management of fresh produce, fermentation processes, customer service, and point-of-sale management in a retail or food service environment.
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 · 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).
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
PickleRage presents HIGH RISK due to a micro-system (3 units), missing financial disclosures, false going concern status, and high capital requirements with no proven ROI data.
Score breakdown · what drove the 72 / 100 rating
- 01MINOROnly 3 units in system with unknown growth trajectory suggests minimal market validation and high failure risk
- 02MEDNo average revenue or net income disclosure (missing Item 19) prevents ROI assessment and indicates weak financial performance
- 03HIGHGoing concern status is FALSE, suggesting the franchisor may be financially unstable or operationally at risk
- 04MEDHigh investment range ($797k-$1.78M) with no disclosed average unit economics creates unsustainable payback risk
- 05MED7% royalty on undisclosed revenue means franchisees cannot predict true cost burden or profitability
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
16 numbers
One-time purchase · CSV download · Validation questions included
FDD download
PickleRage · FDD (2025) PDF