Ram JackFranchise Cost, Revenue & Review 2026
Data from FDD filing + SBA 7(a) records
FranchiseVerdict summary · 2026
A Ram Jack franchise requires a total initial investment of $151K – $650K, including a $30K franchise fee. The 2025 FDD does not disclose unit-level revenue (no Item 19). Verdict grade: D. Run a live ROI scan →
Data last verified June 21, 2026 · figures per the 2025 FDD issuance
Overview
- Investment
- $151K – $650K
- 56th pct Home Services
- Avg gross sales
- N/A
- 54th pct Home Services
- Royalty
- N/A
- Units
- 55
- 44th pct Home Services
- SBA default
- 0.0%
- system-wide median varies by category
Quick verdict · Home Services · color = vs category peers
Green = >15% above Home Services avg · No shading = within ±15% · Red = >15% below avg · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
Franchising since 1999. Systems this mature have refined operations and brand recognition.
Franchised units fell from 53 to 52 over 3 years. Investigate why operators are leaving.
Bottom line
- Total investment $151K – $650K including a $30K franchise fee.
- No Item 19 financial performance data disclosed. The franchisor chose not to publish revenue figures.
- Verdict D (Below Average) with a risk score of 75/100.
- Bankruptcy history disclosed in the FDD. Review Item 4 for details before proceeding.
Item 1 · who you're contracting with
The Franchisor
- Legal entity
- Ram Jack Systems Distribution, LLC
- Predecessor
- or affiliate has offered franchises for this business or any other lines
- Prior franchisor entity
- CEO title
- Founder and Member
- Stephen Gregory
- Founder active
- Yes
- Original founder still leading the business
- Incorporated in
- TX
- HQ
- 13655 CR 1570, Ada, Oklahoma 74820
- Auditor
- Eide Bailly
- Audited financials
- Franchisor revenue
- $31.4M
- vs $32.0M prior year
- Management churn noted
- Frequent turnover
- Item 2 disclosed frequent executive changes
Affiliated brands
- company Gregory Enterprises
Other brands the franchisor or its parent operates (Item 1).
Overview
About
Ram Jack franchisees operate foundation repair and structural support businesses, installing helical piers, polyurethane injections, and steel beam systems. Daily operations involve site assessments, customer consultations, equipment installation, and warranty follow-ups. Revenue is generated entirely through mandatory purchases of proprietary materials and tools from the franchisor rather than traditional royalty structures.
- CEO
- Stephen Gregory
- Headquarters
- OK
- Founded
- 1999
- FDD year
- 2025
- States available
- 30
FDD Item 7 · 2025 filing · 29 line items
Initial investment breakdown
| Line item | Low | High | |
|---|---|---|---|
| Initial Franchise Fee (Protected Territory) | $30K | $30K | |
| Essential Ram Jack Installation Equipment | $0 | $34K | |
| Tools | $0 | $12K | |
| Truck | $0 | $50K | |
| Truck Bed Modification | $0 | $30K | |
| Trailer | $0 | $33K | |
| Vehicle and Trailer Vinyl Wraps | $2K | $7K | |
| Initial Advertising Budget | $50K | $240K | |
| Computer, Laptop & Printer | $2K | $3K | |
| Rent | $0 | $10K | |
| Landlord (Deposit) | $0 | $500 | |
| Telephone / Cell Phone | $200 | $500 | |
| Utilities and Internet | $300 | $600 | |
| Office Equipment and Supplies | $2K | $2K | |
| Living/Training Related Expenses | $0 | $7K | |
| Training | $3K | $10K | |
| Annual Insurance | $5K | $27K | |
| Legal and Accounting | $500 | $5K | |
| Additional Vehicles | $12K | $45K | |
| 3 Months' Additional Funds | $45K | $105K | |
| Total initial investment | $154K | $773K |
Line items extracted from FDD Item 7. Ranges reflect the franchisor's stated low and high per line. Total is the sum of line-item lows / highs — actual costs may fall outside this range depending on market and build-out scope.
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $151K – $650K
- Near category avg vs category
- Liquid capital req'd
- $2K – $105K
- Better than avg vs category
- Franchise fee
- $30K
- Better than avg vs category
- Royalty
- None (Revenue is derived from required product sales)
- Ad fund
- 2.0%
- typical 3–5%
- Total fee load
- 2.0%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty (flat) | None - Because you will purchase our Products, we do not charge you a royalty |
| Marketing / ad fund | 2.0% of gross sales |
| Training fee | $3K |
| Transfer fee | $10K |
| Total fee load | 2.0% of rev |
Financial Performance
This franchisor did not disclose financial performance representations in Item 19, or our extractor could not parse them.
vs Home Services averages
How Ram Jack Compares
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 55
- Opened
- 1
- Last reporting year
- Closed
- 0
- Turnover rate
- 0.0%
- Company-owned
- 2
- Corporate units in the system
- % franchised
- 96%
- vs corporate-owned
- Multi-unit owners
- 7.7%
- Net growth (yr3)
- +1.9%
- Net unit change last year
- 3-yr CAGR
- +1.9%
- Compounded over last 3 years
3-year detail · Item 20
- Transfers (3yr)
- 1
- Transfer rate
- 1.8%
- Owners selling to other franchisees
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 32 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 contact records (FDD Item 20). Shows states with at least one current operator on file. Full state registration data (Item 12) will appear on a future FDD refresh.
Available to sell in · Item 12
- California
- Illinois
- Indiana
- Maryland
- Michigan
- Minnesota
- New York
- North Dakota
- Virginia
- Washington
- Wisconsin
States where the franchisor is registered to sell new franchises (FDD registration filings).
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA loan disclosures. This brand has only 2 7(a) loans on file; statistical reliability is limited below 10 loans.
- Total loans
- 2
- Loan volume
- $300K
- Median loan
- $150K
- 50th percentile
- Charge-off rate
- 0.0%
- rates vary by category · see methodology
Historical SBA 7(a) lending data, not predictive of future performance. How SBA charge-off rates are calculated
- Repayment rate (PIF)
- 100.0%
- 5-yr charge-off
- N/A
- Loans approved 2021+
- Active lenders
- 2
- Defaults
- 0
Explore lender portfolios on Bank Reports or regional data on State Reports.
Premium insight
SBA Lending Report
Deep-dive into Ram Jack's SBA lending history: lender network, geographic footprint, interest rates, and more.
SBA Lending Report
- Principal loss rate and NAICS industry benchmark
- 2 lenders with concentration factor
- Per-state charge-off rates across 2 states
- Startup risk premium and job creation velocity
- 2-year lending trend
Instant access. No subscription.
Risk analysis
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Caution-level risk: stagnant growth, missing financial disclosure, litigation history, and opaque product-dependent revenue model warrant careful validation.
Litigation (Item 3)
Ram Jack Systems Distribution, LLC v. Gibbs Company, Inc. and Randy Gibbs (Case No. CJ-2018-172, District Court for Pontotoc County, Oklahoma). Claims included failure to pay for materials and tools, franchise agreement violations for operating competing business, withholding customer lists, and diverting customers. Plaintiff sought $162,866.80 plus injunctive relief and attorney fees. Settled September 3, 2019 for $65,000 plus return of inventory and equipment with mutual releases.
Largest disclosed settlement: $65,000
Bankruptcy (Item 4)
Disclosed in last 7 years
Bankruptcy Code; (b) obtained a discharge of its debts under the bankruptcy code; or (c) was a principal officer of a company or a general partner in a partnership that either filed as a debtor (or had filed against it) a petition to start an action under the U.S. Bankruptcy Code or that obtained a
Audited financials (Item 21)
Yes · Eide Bailly
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Supplier relationship · Items 8 & 16
- Franchisor sells you products: Yes
- Kickbacks from required suppliers: No
- Must buy proprietary products: Yes
- Restricted to system-approved products: Yes
- Can negotiate own supplier terms: No
Score breakdown · what drove the 75 / 100 rating
- 01MINORStagnant unit growth at 1.9% YoY with only 55 franchises suggests weak system expansion and franchisee recruitment
- 02MEDNo disclosed average revenue or net income (Item 19 missing) prevents verification of profitability claims and ROI validation
- 03HIGHRecent litigation (2018-2019) involving non-compete violations and customer diversion indicates potential compliance and relationship issues
- 04MINORHigh capital requirement range ($30K-$650K) with no clear guidance on typical investment creates uncertainty for franchisees
- 05MINORRevenue model dependent on mandatory product sales creates profit opacity and potential conflicts between franchisor and franchisee interests
- 06MINOR5-year term is shorter than industry standard (10 years typical), suggesting higher turnover risk and franchise instability
Severity inferred from the FDD text · not a regulatory classification
FDD Items 5, 6, 12, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 5 years |
|---|---|
| Renewal term | 5 years |
| Territory type | Zip codes or geographic boundaries |
| Protected territory | Yes |
| Exclusive territoryℹ | No |
| Online sales rightsℹ | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Required |
| Non-compete (years)ℹ | 2 years |
| Right of first refusalℹ | Yes |
| Termination notice | 90 days |
| Mandatory arbitration | No |
| Jury trial waiver | Yes |
| Governing law | Oklahoma |
| Litigation count | 1 |
View Item 3 litigation summary
Ram Jack Systems Distribution, LLC v. Gibbs Company, Inc. and Randy Gibbs (Case No. CJ-2018-172, District Court for Pontotoc County, Oklahoma). Claims included failure to pay for materials and tools, franchise agreement violations for operating competing business, withholding customer lists, and diverting customers. Plaintiff sought $162,866.80 plus injunctive relief and attorney fees. Settled September 3, 2019 for $65,000 plus return of inventory and equipment with mutual releases.
Items 10, 11
Training & Operations
- Classroom training
- 28 hrs
- On-the-job training
- 12 hrs
- Ongoing training
- Required
- Franchisor financing
- Offered
- Item 10
Items 5 & 11
Franchisor Support
Item 20 · call current owners
Franchisee Contacts
49 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
Ram Jack · FDD (2025) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a Ram Jack franchise?
The total investment to open a Ram Jack franchise ranges from $151K – $650K, with an initial franchise fee of $30K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do Ram Jack franchise owners earn?
Ram Jack does not disclose average franchise owner earnings in their FDD Item 19. Not all franchisors are required to make financial performance representations. We recommend asking existing franchisees directly about their financial experience.
What is Ram Jack's franchise failure rate?
SBA 7(a) loan charge-off data is not available for Ram Jack (fewer than 10 loans on file). Charge-off rates are one way to gauge franchise risk, but not all franchise loans go through the SBA program. We recommend reviewing turnover and closure data in the FDD and speaking with current franchisees.
How many Ram Jack franchise locations are there?
As of their most recent FDD filing, Ram Jack has 55 total units in the United States, including 53 franchised units and 2 company-owned units. 1 new units were opened in the latest reporting year.
Is Ram Jack a good franchise to buy?
FranchiseVerdict rates Ram Jack as a D-grade franchise with a risk score of 75 out of 100, based on our analysis of investment costs, revenue data, SBA loan performance, and growth trends. Our rating is based solely on publicly available FDD and government data; we recommend speaking with current franchisees before making any investment decision. This is not investment advice.
Data sourced from public FDD filings and SBA 7(a) FOIA records. Not financial advice.
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Data extracted from public FDD filings and SBA 7(a) loan disclosures (FOIA). This information is provided for research purposes only and does not constitute financial, legal, or investment advice. Verify all figures with the franchisor's current Franchise Disclosure Document before making any investment decision.