Sam the Concrete ManFranchise Cost, Revenue & Review 2026
Data from FDD filing + SBA 7(a) records
FranchiseVerdict summary · 2026
A Sam the Concrete Man franchise requires a total initial investment of $71K – $151K, including a $67K franchise fee and an ongoing 6.0% royalty[2]. Per the 2025 FDD, average unit revenue was $1.0M[2]. SBA 7(a) loans show a 37.5% charge-off rate across 100 loans[1]. Verdict grade: C. Run a live ROI scan →
Data last verified June 21, 2026 · figures per the 2025 FDD issuance
Overview
- Investment
- $71K – $151K
- 15th pct Home Services
- Avg gross sales
- $1.0M
- 31st pct Home Services
- Royalty
- 6.0%
- 13th pct Home Services
- Units
- 88
- 50th pct Home Services
- SBA default
- 37.5%
- 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
Each dollar invested generates 9.2x in gross revenue, well above the typical 1.5-2.5x range.
37.5% of SBA loans charged off across 100 loans, above the 16% franchise average.
Franchised units fell from 86 to 64 over 3 years. Investigate why operators are leaving.
145% cash-on-cash return (based on P&L Bottom Line). Above the 20% threshold most investors target.
Bottom line
- Total investment $71K – $151K including a $67K franchise fee, 6.0% ongoing royalty.
- Average unit revenue of $1.0M/year (median $1.0M), with an estimated 145% cash-on-cash return (based on P&L Bottom Line).
- Verdict C (Average) with a risk score of 68/100. SBA loan charge-off rate of 37.5% across 100 loans (well above the 16% franchise average, based on all SBA 7(a) franchise lending, 2010–2024).
- 28 units terminated last reporting year (31.8% of the system). Ask existing franchisees why.
Item 1 · who you're contracting with
The Franchisor
- Legal entity
- SAMCO, LLC
- Parent company
- EMP Prime Holdings LLC
- Ultimate parent
- Eagle Merchant Partners
- Incorporated in
- CO
- HQ
- 6912 South Quentin Street, Suite 10, Centennial, Colorado 80112
- Auditor
- Kezos & Dunlavy
- Audited financials
- Franchisor revenue
- $5.8M
- vs $5.5M prior year
Overview
About
Sam the Concrete Man franchisees operate concrete repair, restoration, and installation services in protected territories. Day-to-day activities include customer acquisition, job estimation, crew management, equipment maintenance, and direct concrete work such as patching, sealing, and resurfacing for residential and commercial clients.
- CEO
- Todd Stewart
- Headquarters
- CO
- Founded
- 2013
- FDD year
- 2025
- States available
- 28
FDD Item 7 · 2025 filing
Initial investment breakdown
| Cost component | Low | High |
|---|---|---|
| Initial franchise fee | $67K | $67K |
| Working capital (3–6 mo) | $10K | $42K |
| Equipment, build-out, other | $0 | $42K |
| Total initial investment | $71K | $151K |
Source: Sam the Concrete Man 2025 FDD, Items 5 and 7[2]. “Equipment, build-out, other” is computed as total minus disclosed line items above.
Single-unit · estimated
Returns at a glance
Indicative numbers using FDD Item 7 / Item 19 inputs and category-benchmarked cost ratios. Full single-unit, 25-unit portfolio, and LBO models (with every input editable to stress-test your own scenario) live on the financials page.
Store EBITDA · annual
$112K
11.0% margin
Unlevered ROIC
82%
EBITDA / total invested capital
Payback
15 mo
cash-on-cash, unlevered
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $71K – $151K
- Better than avg vs category
- Liquid capital req'd
- $10K – $42K
- Better than avg vs category
- Franchise fee
- $45K – $67K
- Below avg, review vs category
- Royalty
- 6.0%
- Gross Revenue · typical 6–8%
- Ad fund
- 2.0%
- typical 3–5%
- Total fee load
- 8.0%
- vs 9–13% typical
- Payback period
- 0.7 yrs
- From FDD / Item 19
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 6.0% of gross sales |
| Marketing / ad fund | 2.0% of gross sales |
| Transfer fee | $20K |
| Renewal fee | $6K |
| Total fee load | 8.0% of rev |
Financial Performance
- Avg gross sales
- $1.0M
- Per unit, per year
- Median gross sales
- $1.0M
- Avg p&l bottom line
- $161K
- Reported as P&L Bottom Line in FDD Item 19
- Cash-on-cash
- 145.0%
- Based on P&L Bottom Line / investment midpoint
- Item 19 type
- Actual historic performance
- Sample size
- 27 units
- vs category median 25
- Range (low → high)
- $366K→$1.7M
- Cohort dispersion (min → max)
- Quartile band
- $577K→$1.4M
- Bottom 25% → top 25%
- Transparency
- 9 / 5
- vs category median 4 / 5 · above
Compared against 349 Home Services brands
Revenue is 9.2x the investment midpoint. At typical franchise margins, this suggests a payback under 3 years.
vs Home Services averages
How Sam the Concrete Man Compares
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 88
- Opened
- 35
- Last reporting year
- Closed
- 30
- Terminated
- 28
- Franchisor ended the franchise (per Item 20)
- Turnover rate
- 34.1%
- Company-owned
- 2
- Corporate units in the system
- % franchised
- 98%
- vs corporate-owned
- Multi-unit owners
- 15.1%
- Net growth (yr3)
- +6.2%
- Net unit change last year
- 3-yr CAGR
- +34.4%
- Compounded over last 3 years
3-year detail · Item 20
- Transfers (3yr)
- 6
- Transfer rate
- 6.8%
- Owners selling to other franchisees
- Continuity rate
- 74.1%
- Units that stayed open
- Termination rate
- 31.8%
- Franchisor-initiated terminations
- Ceased ops
- 2.3%
- Units that stopped operating
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 28 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.
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA 7(a) and 504 loan disclosures, public data unique to FranchiseVerdict.
- Total loans
- 100
- Loan volume
- $14.4M
- Median loan
- $150K
- 50th percentile
- Charge-off rate
- 37.5%
- 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)
- 62.5%
- 5-yr charge-off
- 37.5%
- Loans approved 2021+
- Active lenders
- 3
- Defaults
- 6
Vintage analysis
Sam the Concrete Man charge-off rate by loan vintage
Explore lender portfolios on Bank Reports or regional data on State Reports.
Premium insight
SBA Lending Report
Deep-dive into Sam the Concrete Man's SBA lending history: lender network, geographic footprint, interest rates, and more.
SBA Lending Report
- Principal loss rate and NAICS industry benchmark
- 3 lenders with concentration factor
- Per-state charge-off rates across 15 states
- Startup risk premium and job creation velocity
- 7-year lending trend
Instant access. No subscription.
A 37.5% charge-off rate means roughly 1 in 3 franchisees failed to repay their SBA loan. Investigate what changed.
Risk analysis
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Moderate-to-cautionary risk profile driven by missing financial disclosure (Item 19), concerning going concern status, and slow growth trajectory despite reasonable unit profitability metrics.
Litigation (Item 3)
No litigation is required to be disclosed in this Item.
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · Kezos & Dunlavy
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 68 / 100 rating
- 01MEDNo Item 19 (Financial Performance Representations) disclosed — cannot independently verify claimed $188.7K average net income
- 02HIGHGoing Concern status is FALSE — suggests franchisor may have undisclosed financial/operational challenges
- 03MINORSlow unit growth at 6.2% YoY with 88 units — indicates mature/saturated market or franchisee satisfaction issues
- 04MINORHigh franchise fee ($67K) relative to initial investment range creates cash-strapped franchisee risk
- 05MED6% royalty on gross revenue is aggressive for service business with ~18.6% net margins — leaves limited cushion
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 | 10 years |
|---|---|
| Renewal term | 10 years |
| Allowed renewalsℹ | 2 |
| Territory type | Zip codes based on single-family dwellings |
| 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 |
| Non-compete (miles)ℹ | 50 mi |
| Right of first refusalℹ | Yes |
| RoFR response window | 30 days |
| Transfer requires consent | Yes |
| Termination notice | 30 days |
| Mandatory arbitration | Yes |
| Arbitration location | Denver, Colorado |
| Jury trial waiver | Yes |
| Governing law | Colorado |
| Litigation count | 0 |
View Item 3 litigation summary
No litigation is required to be disclosed in this Item.
Items 10, 11
Training & Operations
- Classroom training
- 27 hrs
- On-the-job training
- 13 hrs
- Training location
- On-site
- Time to open
- 3 mo
- From signing to launch
- POS system
- QuickBooks Online
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: QuickBooks Online
Item 20 · call current owners
Franchisee Contacts
72 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
Sam the Concrete Man · FDD (2025) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a Sam the Concrete Man franchise?
The total investment to open a Sam the Concrete Man franchise ranges from $71K – $151K, with an initial franchise fee of $67K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do Sam the Concrete Man franchise owners earn?
According to Item 19 of the Sam the Concrete Man FDD, the average gross sales per unit is $1.0M. The median is $1.0M. Note: this is gross revenue, not profit. Actual owner earnings vary based on location, operating costs, and management.
What is Sam the Concrete Man's franchise failure rate?
Based on SBA 7(a) loan data, Sam the Concrete Man has a charge-off rate of 37.5% across 100 loans, meaning 37.5% of franchise loans were charged off. Charge-off rates are one proxy for franchise risk, though they do not capture all closures. This data comes from FOIA-sourced SBA lending records.
How many Sam the Concrete Man franchise locations are there?
As of their most recent FDD filing, Sam the Concrete Man has 88 total units in the United States, including 86 franchised units and 2 company-owned units. 35 new units were opened in the latest reporting year.
Is Sam the Concrete Man a good franchise to buy?
FranchiseVerdict rates Sam the Concrete Man as a C-grade franchise with a risk score of 68 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.