FranchiseVerdict
Play Street Museum logo
FV-01984·STRONGExcellent91

Play Street Museum

Formerly known as PSM Worldwide

Education - Children's ProgramsFranchising since 2016Website
Investment
$483K – $760K
69th pct Children's Pr…
Avg revenue
$407K
31st pct Children's Pr…
Royalty
6.0%
15th pct Children's Pr…
Units
30
64th pct Children's Pr…
SBA default
0.0%
vs <3% typical

Bottom line

  • Total investment $483K – $760K including a $40K franchise fee, 6.0% ongoing royalty.
  • Average unit revenue of $407K/year (median $373K).
  • Rated STRONG with a risk score of 54/100. SBA loan default rate of 0.0% across 33 loans (below the industry average).
  • System growing at 100.0% CAGR over 3 years with 30 total units — strong expansion trajectory.

Item 1 · who you're contracting with

The Franchisor

Legal entity
PSM Worldwide, LLC
Parent company
PSM Holdings, LLC
Incorporated in
Texas
HQ
1900 Preston Road, Suite 267-291, Plano, Texas 75093
Auditor
Bourgeois Bennett, L.L.C.
Audited financials
Franchisor revenue
$545K
vs $1.0M prior year

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 Play Street Museum unit return on the cash you put in?

Revenue · per unit, per year
$
FDD Item 19 reports $406,531
Franchisor take · royalty + ad fund
Royaltytyp 68%
%
Ad fundtyp 35%
%
Operating costs · category default: education
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $483K–$760K
Working capital
$
FDD reports $10K–$30K

Unlevered ROIC · per unit

10%

Below typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$61K
EBITDA margin
15.0%
Total invested
$641K
Payback
126 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 Play Street Museum 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

$650K

on $3.3M purchase

Total debt

$2.6M

SBA $1.6M + senior + seller note

Overview

About

Play Street Museum franchisees operate indoor children's play and learning centers featuring interactive exhibits, sensory experiences, and educational activities. Day-to-day operations include supervising staff, managing multiple play zones/stations, handling customer check-ins and birthday party bookings, maintaining equipment and facility cleanliness, and overseeing programming and supervision of children in a safe environment.

CEO
Courtney Muccio
Founded
2016
FDD year
2026
States available
11

Item 7 · what it costs

The Vitals

Total investment
$483K – $760K
All-in to open one unit
Liquid capital
$10K – $30K
Cash you must have on hand
Franchise fee
$40K
Royalty
6.0%
Gross Sales · typical 6–8%
Ad fund
2.0%
typical 3–5%
Total fee load
8.0%
vs 9–13% typical

Item 19

Financial Performance

Avg gross sales
$407K
Per unit, per year
Median gross sales
$373K
Item 19 type
Gross Revenue
Sample size
22 units
vs category median 16
Range (low → high)
$167K$1.4M
Cohort dispersion
Transparency
4 / 5
vs category median 4 / 5 · typical
Revenue rank31th
vs Education - Children's Programs peers
Investment cost rank69th
Lower investment ranks lower (better)
Royalty rate rank15th
Lower royalty = lower percentile (better)
Unit count rank64th
vs Education - Children's Programs peers
Risk score rank31th
Lower risk = lower percentile (better)

Item 20 · unit dynamics

The Growth Chart

Total units
30
Opened
6
Last reporting year
Closed
0
Turnover rate
0.0%
Company-owned
2
Corporate units in the system
% franchised
93%
vs corporate-owned
Net growth (yr3)
+27.3%
Net unit change last year
3-yr CAGR
+100.0%
Compounded over last 3 years
2024
28+6
Franchised units
2025
22
Franchised units
2026
14
Franchised units

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

Item 20 · 26 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 · 26 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
33
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

54
Risk · 0-100
STRONG54 / 100

Play Street Museum presents elevated risk due to missing profitability disclosure (Item 19), unverified financial claims, franchisor going concern status, and unclear path to ROI on substantial initial investment from a very small franchise system.

Score breakdown · what drove the 54 / 100 rating

  1. 01MEDNo Item 19 (Average Unit Volume) disclosed despite $406k average revenue claim — inability or unwillingness to substantiate earnings
  2. 02HIGHGoing Concern status is FALSE — suggests franchisor financial instability or structural issues
  3. 03MEDNet income not disclosed — impossible to assess actual profitability; $406k revenue minus operating costs could yield minimal returns on $482k-$760k investment
  4. 04MINOR27.3% YoY unit growth appears strong but from only 30 total units — small base makes growth statistic less meaningful and system more vulnerable
  5. 05MEDHigh investment-to-revenue ratio ($482k-$760k initial cost vs. $406k average annual revenue) creates 1.2-1.9 year payback dependency on undisclosed net margins
  6. 06MED6% royalty on top of undisclosed operating costs may consume significant portion of $406k revenue

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-based
Protected territory
Yes
Initial term
10 years
Renewal term
10 years
Online sales rights
Restricted
Franchisor can compete
Yes
Hire a manager?
Allowed
Litigation count
0
Right of first refusal
Yes
Franchisor can buy back on resale
Mandatory arbitration
No
Jury trial waiver
Yes
Non-compete
2 yrs
Post-termination restriction
Owner-operator
Required
Governing law
Texas

Item 11

Training & Operations

Classroom training
18 hrs
On-the-job training
26 hrs
POS system
Clover POS System
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

58 numbers

Locked
(908) 812-••••
NJ
(608) 266-••••
WI
(512) 961-••••
TX

One-time purchase · CSV download · Validation questions included

FDD download

Play Street Museum · FDD (2026) PDF

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