FranchiseVerdict
Sammy’s Sliders logo
FV-02226·MODERATEExcellent86

Sammy’s Sliders

Food & Beverage - Full ServiceFranchising since 2024Website
Investment
$328K – $713K
41st pct Full Service
Avg revenue
$1.1M
22nd pct Full Service
Royalty
Units
2
11th pct Full Service
SBA default

Bottom line

  • Total investment $328K – $713K including a $40K franchise fee.
  • Average unit revenue of $1.1M/year.
  • Rated MODERATE with a risk score of 63/100.
  • Auditor disclosed a going-concern note — flagged doubt about the franchisor's ability to continue operations. Verify against the latest FDD.

Item 1 · who you're contracting with

The Franchisor

Legal entity
Sammy’s Sliders USA, LLC
Parent company
Sammy’s Sliders Enterprises, LLC
Incorporated in
North Carolina
HQ
100 Cambridge Plaza Drive, Winston-Salem, NC 27104
Auditor
DA Advisory Group PLLC
Audited financials
Franchisor revenue
$0
Most recent fiscal year
⚠ Going-concern note
Disclosed in FDD 2025
Auditor flagged doubt about continued operations. Verify against the latest FDD before deciding.

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 Sammy’s Sliders unit return on the cash you put in?

Revenue · per unit, per year
$
FDD Item 19 reports $1,110,138
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: $328K–$713K
Working capital
$
FDD reports $24K–$62K

Unlevered ROIC · per unit

30%

Below typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$167K
EBITDA margin
15.0%
Total invested
$563K
Payback
41 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 Sammy’s Sliders 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

$1.8M

on $8.9M purchase

Total debt

$7.1M

SBA $4.4M + senior + seller note

Overview

About

Sammy's Sliders franchisees operate quick-service slider restaurants, focusing on small-format hamburger sandwiches with streamlined menus. Day-to-day operations include food preparation, inventory management, customer service, and point-of-sale transactions in a fast-casual environment. Franchisees manage staffing, local marketing, and compliance with brand standards across a protected territory.

CEO
Sam Ballas
Founded
2023
FDD year
2025
States available
1

Item 7 · what it costs

The Vitals

Total investment
$328K – $713K
All-in to open one unit
Liquid capital
$24K – $62K
Cash you must have on hand
Franchise fee
$40K
Royalty
The greater of: (i) 5% of Gross Sale; and (ii) the minimu…
Ad fund
2.0%
typical 3–5%
Total fee load
7.0%
vs 9–13% typical

Item 19

Financial Performance

Avg gross sales
$1.1M
Per unit, per year
Median gross sales
Item 19 type
Historic Financial Performance Representation
Sample size
1 units
vs category median 15 · small
Transparency
5 / 5
vs category median 4 / 5 · above
Revenue rank22th
vs Food & Beverage - Full Service peers
Investment cost rank41th
Lower investment ranks lower (better)
Royalty rate rank93th
Lower royalty = lower percentile (better)
Unit count rank11th
vs Food & Beverage - Full Service peers
Risk score rank51th
Lower risk = lower percentile (better)

Item 20 · unit dynamics

The Growth Chart

Total units
2
Opened
1
Last reporting year
Closed
0
Turnover rate
0.0%
Company-owned
2
Corporate units in the system
% franchised
0%
vs corporate-owned
Multi-unit owners
6.7%
2023
0+1
Franchised units
2024
0
Franchised units
2025
0
Franchised units

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

Item 20 · 5 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 · 5 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.

No SBA loan data available for this brand.

FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17

Risk & Legal

63
Risk · 0-100
MODERATE63 / 100

Sammy's Sliders presents meaningful caution-level risk due to a nascent 2-unit franchise system with undisclosed profitability metrics, preventing proper due diligence on actual franchisee returns.

Score breakdown · what drove the 63 / 100 rating

  1. 01MEDOnly 2 existing units with unknown growth trajectory indicates extremely limited proof of concept and franchise system maturity
  2. 02MEDNet income not disclosed in FDD Item 19 prevents accurate ROI assessment; average revenue of $1.11M is meaningless without profitability data
  3. 03MINORHigh investment range ($328K-$712K) paired with only $2,250 minimum monthly royalty ($27K annually) suggests unclear unit economics and potential hidden costs
  4. 04MINORRoyalty structure caps at 5% of gross sales, creating potential misalignment if franchisees game revenue reporting or shift to low-margin products
  5. 05MINOR10-year term with $40K franchise fee is standard, but combined with 2-unit system raises questions about franchisor's long-term viability and support infrastructure

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
5 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
Optional
Governing law
North Carolina

Item 11

Training & Operations

Classroom training
32 hrs
On-the-job training
108 hrs

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

9 numbers

Locked
(619) 525-••••
San Diego Office
CA
(360) 902-••••
Olympia,
WA
(336) 760-••••
NC

One-time purchase · CSV download · Validation questions included

FDD download

Sammy’s Sliders · FDD (2025) PDF

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