Savvy Sliders
Bottom line
- Total investment $352K – $1.1M including a $35K franchise fee, 5.0% ongoing royalty.
- Average unit revenue of $1.1M/year (median $1.0M).
- Rated MODERATE with a risk score of 67/100. SBA loan default rate of 0.0% across 4 loans (below the industry average).
- System growing at 76.2% CAGR over 3 years with 37 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 Savvy Sliders unit return on the cash you put in?
Unlevered ROIC · per unit
21%
Below typical band (30–60%)
Levered LBO scenario · Yale Crease Capital framing
What would 25 Savvy Sliders units return on equity?
Equity IRR · 5-yr
49.9%
7.57× MOIC
Year-1 DSCR
1.88×
EBITDA ÷ debt service
Equity required
$1.6M
on $7.9M purchase
Total debt
$6.3M
SBA $3.9M + senior + seller note
Overview
About
Savvy Sliders franchisees operate fast-casual slider restaurants, managing food preparation, inventory, staffing, and customer service operations. Day-to-day responsibilities include managing kitchen operations, point-of-sale systems, and compliance with food safety and liquor license regulations. Franchisees are responsible for local marketing, rent, labor, and food costs while paying 5-6% of gross sales in royalties to the franchisor.
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 · 6 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
Savvy Sliders presents HIGH RISK due to principal criminal indictment for tax fraud, failed going concern status, undisclosed unit profitability, and active litigation alleging franchisee misrepresentation — warranting extreme caution before investment.
Score breakdown · what drove the 67 / 100 rating
- 01HIGHCriminal tax fraud indictment involving both principals (Happy Asker and Maher Bashi) creates severe legal and reputational risk
- 02HIGHActive civil litigation from Happy's Pizza investors alleging false representations about liquor licenses suggests pattern of misleading franchisees
- 03HIGHGoing Concern status is FALSE — indicates auditor doubts about franchisor's ability to continue operations
- 04MEDNet Income not disclosed despite $1.12M average unit revenue — suggests profitability problems or financial opacity
- 05MINORHigh investment range ($352K-$1.07M) combined with 5-6% royalties creates breakeven challenges if margins compressed
- 06MINORNo Item 19 financial performance representations available for due diligence validation
- 07HIGHLitigation pattern suggests potential misrepresentation of unit economics and regulatory compliance to franchisees
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
44 numbers
One-time purchase · CSV download · Validation questions included
FDD download
Savvy Sliders · FDD (2025) PDF