FranchiseVerdict
Sauce on the Side logo
FV-02237·MODERATEExcellent95

Sauce on the Side

Food & Beverage - Full ServiceFranchising since 2017Website
Investment
$494K – $794K
65th pct Full Service
Avg revenue
$985K
18th pct Full Service
Royalty
5.0%
15th pct Full Service
Units
12
45th pct Full Service
SBA default

Bottom line

  • Total investment $494K – $794K including a $35K franchise fee, 5.0% ongoing royalty.
  • Average unit revenue of $985K/year (median $946K). Estimated payback in 9.5 years.
  • Rated MODERATE with a risk score of 62/100.

Item 1 · who you're contracting with

The Franchisor

Legal entity
FOTS, LLC
Incorporated in
Missouri
HQ
7810 Forsyth Blvd., St. Louis, MO 63105
Auditor
Spinner & Company, P. C.
Audited financials
Franchisor revenue
$420K
vs $462K 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 Sauce on the Side unit return on the cash you put in?

Revenue · per unit, per year
$
FDD Item 19 reports $985,353
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: $494K–$794K
Working capital
$
FDD reports $30K–$50K

Unlevered ROIC · per unit

24%

Below typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$168K
EBITDA margin
17.0%
Total invested
$684K
Payback
49 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 Sauce on the Side 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

$2.0M

on $9.9M purchase

Total debt

$7.9M

SBA $4.9M + senior + seller note

Overview

About

Franchisees operate a food service concept (likely sauce/condiment-focused quick service or ghost kitchen model) managing daily food preparation, customer orders, point-of-sale operations, and inventory. Day-to-day activities include staffing management, quality control, supplier relationships, and local marketing to achieve the $985K annual revenue benchmark.

CEO
Ryan Thomas Mangialardo
Founded
2017
FDD year
2025
States available
3

Item 7 · what it costs

The Vitals

Total investment
$494K – $794K
All-in to open one unit
Liquid capital
$30K – $50K
Cash you must have on hand
Franchise fee
$35K
Royalty
5.0%
Gross Sales · typical 6–8%
Ad fund
1.0%
typical 3–5%
Total fee load
6.0%
vs 9–13% typical
Payback period
9.5 yrs
From v3 / Item 19

Item 19

Financial Performance

Avg gross sales
$985K
Per unit, per year
Median gross sales
$946K
Item 19 type
historical
Sample size
11 units
vs category median 15
Range (low → high)
$693K$1.8M
Cohort dispersion
Transparency
10 / 5
vs category median 4 / 5 · above
Revenue rank18th
vs Food & Beverage - Full Service peers
Investment cost rank65th
Lower investment ranks lower (better)
Royalty rate rank15th
Lower royalty = lower percentile (better)
Unit count rank45th
vs Food & Beverage - Full Service peers
Risk score rank45th
Lower risk = lower percentile (better)

Item 20 · unit dynamics

The Growth Chart

Total units
12
Opened
1
Last reporting year
Closed
0
Turnover rate
0.0%
Company-owned
6
Corporate units in the system
% franchised
50%
vs corporate-owned
Multi-unit owners
2.9%
Net growth (yr3)
+20.0%
Net unit change last year
3-yr CAGR
+0.0%
Compounded over last 3 years
2023
6+1
Franchised units
2024
5
Franchised units
2025
6
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

62
Risk · 0-100
MODERATE62 / 100

Sauce on the Side presents elevated risk due to Going Concern status, razor-thin profit margins, and high capital requirements relative to returns in a small, early-stage franchise system.

Score breakdown · what drove the 62 / 100 rating

  1. 01HIGHGoing Concern status is FALSE — franchisor may have financial/operational viability issues
  2. 02MINORNet profit margin is extremely thin at 6.9% ($67,773 on $985,353 revenue) — leaves little buffer for underperformance or unexpected costs
  3. 03MEDOnly 12 units with 20% YoY growth is modest scale — limited brand recognition and support infrastructure
  4. 04MINORHigh initial investment ($494K-$793.5K) relative to average net income creates long payback period (7-12+ years)
  5. 05HIGHNo litigation disclosed but Going Concern flag suggests undisclosed operational or financial stress
  6. 06MINOR5% royalty on gross sales (not net) compounds margin pressure in low-profit business model

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
Missouri

Item 11

Training & Operations

Classroom training
67 hrs
On-the-job training
133 hrs
POS system
REVEL Systems
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

11 numbers

Locked
(618) 900-••••
Edwardsville,
IL
(317) 669-••••
SOS of Carmel, LLC
IN
(636) 244-••••
Slater SOTS Management, LLC
MO

One-time purchase · CSV download · Validation questions included

FDD download

Sauce on the Side · FDD (2025) PDF

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