FranchiseVerdict
Rock N Roll Sushi logo
FV-02166·STRONGExcellent91

Rock N Roll Sushi

Food & Beverage - Full ServiceFranchising since 2020Website
Investment
$333K – $798K
41st pct Full Service
Avg revenue
$1.1M
20th pct Full Service
Royalty
6.0%
54th pct Full Service
Units
72
78th pct Full Service
SBA default
0.0%
vs <3% typical

Bottom line

  • Total investment $333K – $798K including a $36K franchise fee, 6.0% ongoing royalty.
  • Average unit revenue of $1.1M/year (median $991K).
  • Rated STRONG with a risk score of 42/100. SBA loan default rate of 0.0% across 10 loans (below the industry average).
  • System growing at 19.0% CAGR over 3 years with 72 total units — strong expansion trajectory.

Item 1 · who you're contracting with

The Franchisor

Legal entity
ROCKNROLL SUSHI HOLDINGS LLC
Incorporated in
Florida
HQ
12598 U.S. Highway 98 West, Suite 103, Destin, Florida 32550
Auditor
REESE CPA LLC
Audited financials
Franchisor revenue
$5.5M
vs $5.8M 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 Rock N Roll Sushi unit return on the cash you put in?

Revenue · per unit, per year
$
FDD Item 19 reports $1,068,404
Franchisor take · royalty + ad fund
Royaltytyp 68%
%
Ad fundtyp 35%
%
Operating costs · category default: generic
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $333K–$798K
Working capital
$
FDD reports $10K–$25K

Unlevered ROIC · per unit

27%

Below typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$155K
EBITDA margin
14.5%
Total invested
$583K
Payback
45 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 Rock N Roll Sushi 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

$1.6M

on $8.0M purchase

Total debt

$6.4M

SBA $4.0M + senior + seller note

Overview

About

Franchisees operate casual sushi restaurants, likely handling daily P&L management, food inventory/prep, staff scheduling, and customer service. Daily operations include managing kitchen production, food safety compliance, and point-of-sale systems while adhering to Rock N Roll Sushi brand standards.

CEO
Craig LeMieux
Founded
2020
FDD year
2025
States available
10

Item 7 · what it costs

The Vitals

Total investment
$333K – $798K
All-in to open one unit
Liquid capital
$10K – $25K
Cash you must have on hand
Franchise fee
$36K
Royalty
6.0%
Gross Revenues · typical 6–8%
Ad fund
2.5%
typical 3–5%
Total fee load
8.5%
vs 9–13% typical

Item 19

Financial Performance

Avg gross sales
$1.1M
Per unit, per year
Median gross sales
$991K
Item 19 type
Historical Gross Revenues
Sample size
59 units
vs category median 15 · large
Range (low → high)
$401K$1.8M
Cohort dispersion
Transparency
4 / 5
vs category median 4 / 5 · typical
Revenue rank20th
vs Food & Beverage - Full Service peers
Investment cost rank41th
Lower investment ranks lower (better)
Royalty rate rank54th
Lower royalty = lower percentile (better)
Unit count rank78th
vs Food & Beverage - Full Service peers
Risk score rank3th
Lower risk = lower percentile (better)

Item 20 · unit dynamics

The Growth Chart

Total units
72
Opened
9
Last reporting year
Closed
2
Turnover rate
2.8%
Company-owned
3
Corporate units in the system
% franchised
96%
vs corporate-owned
Multi-unit owners
20.0%
Net growth (yr3)
+11.3%
Net unit change last year
3-yr CAGR
+19.0%
Compounded over last 3 years
2023
69+7
Franchised units
2024
62
Franchised units
2025
58
Franchised units

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

Item 20 · 10 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 · 10 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
10
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

42
Risk · 0-100
STRONG42 / 100

Rock N Roll Sushi presents moderate-to-cautionary risk due to undisclosed profitability metrics, wide capex variance, and below-average unit growth, despite stable litigation record and protected territories.

Score breakdown · what drove the 42 / 100 rating

  1. 01MEDNet income not disclosed in FDD Item 19 — unable to verify actual profitability claims despite $1.07M average revenue
  2. 02MINORWide investment range ($332K-$797K) suggests inconsistent unit economics or undefined build-out costs
  3. 03MINORModest unit growth of 11.3% YoY is below industry standards for established restaurant franchises
  4. 04HIGHNo disclosed going concern language, but financial transparency gaps raise questions about franchisor stability
  5. 05MINOR6% royalty on gross (not net) revenue creates cash flow pressure in low-margin restaurant operations

Severity inferred from the FDD text · not a regulatory classification

FDD Items 5, 6, 12, 17 · continued from Risk & Legal

Contract & Territory Detail

Territory
Radius
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
Yes
Jury trial waiver
Yes
Non-compete
2 yrs
Post-termination restriction
Owner-operator
Optional
Governing law
Florida

Item 11

Training & Operations

Classroom training
10 hrs
On-the-job training
135 hrs
POS system
TOAST 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

12 numbers

Locked
(317) 232-••••
AGENT
IN
(401) 462-••••
AGENT
RI
(770) 407-••••
Warner Robins,
KY

One-time purchase · CSV download · Validation questions included

FDD download

Rock N Roll Sushi · FDD (2025) PDF

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