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). Estimated payback in 0.6 years.
- Rated STRONG with a risk score of 39/100. SBA loan default rate of 0.0% across 200 loans (below the industry average).
- System growing at 34.4% CAGR over 3 years with 88 total units — strong expansion trajectory.
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 Sam the Concrete Man unit return on the cash you put in?
Unlevered ROIC · per unit
82%
Above typical band (30–60%)
Levered LBO scenario · Yale Crease Capital framing
What would 25 Sam the Concrete Man units return on equity?
Equity IRR · 5-yr
49.9%
7.57× MOIC
Year-1 DSCR
1.88×
EBITDA ÷ debt service
Equity required
$813K
on $4.1M purchase
Total debt
$3.3M
SBA $2.0M + senior + seller note
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.
Item 7 · what it costs
The Vitals
Item 19
Financial Performance
Item 20 · unit dynamics
The Growth Chart
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 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
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.
Score breakdown · what drove the 39 / 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
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
72 numbers
One-time purchase · CSV download · Validation questions included
FDD download
Sam the Concrete Man · FDD (2025) PDF