Sea LoveFranchise Cost, Revenue & Review 2026
Data from FDD filing + SBA 7(a) records
FranchiseVerdict summary · 2026
A Sea Love franchise requires a total initial investment of $109K – $292K, including a $50K franchise fee and an ongoing 6.0% royalty[2]. Per the 2025 FDD, average unit revenue was $353K[2]. Verdict grade: A. Run a live ROI scan →
Data last verified June 18, 2026 · figures per the 2025 FDD issuance
Overview
- Investment
- $109K – $292K
- 58th pct Financial Ser…
- Avg gross sales
- $353K
- 12th pct Financial Ser…
- Royalty
- 6.0%
- 5th pct Financial Ser…
- Units
- 12
- 19th pct Financial Ser…
- SBA default
- N/A
Quick verdict · Financial Services · color = vs category peers
Green = >15% above Financial 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
Bottom line
- Total investment $109K – $292K including a $50K franchise fee, 6.0% ongoing royalty.
- Average unit revenue of $353K/year (median $406K).
- Verdict A (Top Quintile) with a risk score of 47/100.
Item 1 · who you're contracting with
The Franchisor
- Legal entity
- Sea Love Franchise, LLC
- Incorporated in
- ME
- HQ
- 40 Maine Street, Building 13, #135, Biddeford, Maine 04005
- Auditor
- Muhammad Zubairy, CPA PC
- Audited financials
- Franchisor revenue
- $95K
- vs $287K prior year
Overview
About
Sea Love franchisees typically operate seafood restaurants or prepared seafood retail concepts, managing daily food preparation, inventory, staffing, customer service, and point-of-sale operations while paying 6% royalties on gross sales to the franchisor.
- CEO
- Stacy Miller
- Headquarters
- ME
- Founded
- 2022
- FDD year
- 2025
- States available
- 10
FDD Item 7 · 2025 filing
Initial investment breakdown
| Cost component | Low | High |
|---|---|---|
| Initial franchise fee | $50K | $50K |
| Working capital (3–6 mo) | $10K | $15K |
| Equipment, build-out, other | $50K | $228K |
| Total initial investment | $109K | $292K |
Source: Sea Love 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
$53K
15.0% margin
Unlevered ROIC
25%
EBITDA / total invested capital
Payback
4.0 yrs
cash-on-cash, unlevered
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $109K – $292K
- Near category avg vs category
- Liquid capital req'd
- $10K – $15K
- Near category avg vs category
- Franchise fee
- $50K – $50K
- Better than avg vs category
- Royalty
- 6.0%
- percentage_of_gross · typical 6–8%
- Ad fund
- 2.0%
- typical 3–5%
- Total fee load
- 8.0%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 6.0% of gross sales |
| Marketing / ad fund | 2.0% of gross sales |
| Technology fee | $525 |
| Transfer fee | $10K |
| Renewal fee | $8K |
| Total fee load | 8.0% of rev |
Financial Performance
- Avg gross sales
- $353K
- Per unit, per year
- Median gross sales
- $406K
- Item 19 type
- Franchised and Company-Owned Outlets
- Sample size
- 6 units
- vs category median 97 · small
- Range (low → high)
- $131K→$431K
- Cohort dispersion (min → max)
- Transparency
- 7 / 5
- vs category median 0 / 5 · above
Compared against 58 Financial Services brands
vs Financial Services averages
How Sea Love Compares
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 12
- Opened
- 5
- Last reporting year
- Closed
- 0
- Turnover rate
- 0.0%
- Company-owned
- 1
- Corporate units in the system
- % franchised
- 92%
- vs corporate-owned
- Net growth (yr3)
- +83.3%
- Net unit change last year
3-year detail · Item 20
- Transfers (3yr)
- 0
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 12 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.
Fast growth in a small system. Newer franchisors expanding quickly may not yet have the support infrastructure of larger systems.
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA loan disclosures. This brand has only 4 7(a) loans on file; statistical reliability is limited below 10 loans.
- Total loans
- 4
- Loan volume
- $702K
- Median loan
- $165K
- 50th percentile
- Charge-off rate
- N/A
Historical SBA 7(a) lending data, not predictive of future performance. How SBA charge-off rates are calculated
- Repayment rate (PIF)
- N/A
- 5-yr charge-off
- N/A
- Loans approved 2021+
- Active lenders
- 4
- Defaults
- 0
Explore lender portfolios on Bank Reports or regional data on State Reports.
Premium insight
SBA Lending Report
Deep-dive into Sea Love's SBA lending history: lender network, geographic footprint, interest rates, and more.
SBA Lending Report
- Principal loss rate and NAICS industry benchmark
- 4 lenders with concentration factor
- Per-state charge-off rates across 4 states
- Startup risk premium and job creation velocity
- 2-year lending trend
Instant access. No subscription.
Risk analysis
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Sea Love presents high-risk investment characteristics: a contracting franchisee base, undisclosed profitability, and franchisor going-concern status that collectively suggest systemic viability concerns despite protected territory.
Audited financials (Item 21)
Yes · Muhammad Zubairy, CPA PC
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Score breakdown · what drove the 47 / 100 rating
- 01HIGHGoing Concern status indicates franchisor financial distress or viability questions
- 02MEDNet Income not disclosed — unable to verify $353k revenue translates to meaningful profit after 6% royalty + operating costs
- 03MINORUnit count declining 83.3% YoY (likely from 72 to 12 units) suggests severe system contraction and franchisee failures
- 04HIGHNo litigation disclosed but massive unit attrition may mask underlying disputes or dissatisfaction
- 05MINORHigh investment range ($109k-$292k) with unproven ROI creates elevated risk for franchisees in a shrinking system
- 06MINORFranchise fee ($49.5k) represents 45% of minimum investment for a brand with deteriorating unit economics
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 | 1 |
| Territory type | Radius or Population based |
| Protected territory | Yes |
| Online sales rights | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Optional |
| Non-compete (years)ℹ | 2 years |
| Right of first refusalℹ | Yes |
| Termination notice | 30 days |
| Mandatory arbitration | Yes |
| Jury trial waiver | Yes |
| Governing law | Maine |
| Litigation count | 0 |
Items 10, 11
Training & Operations
- Classroom training
- 16 hrs
- On-the-job training
- 8 hrs
- POS system
- MyTime
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: MyTime
Item 20 · call current owners
Franchisee Contacts
15 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
Sea Love · FDD (2025) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a Sea Love franchise?
The total investment to open a Sea Love franchise ranges from $109K – $292K, with an initial franchise fee of $50K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do Sea Love franchise owners earn?
According to Item 19 of the Sea Love FDD, the average gross sales per unit is $353K. The median is $406K. Note: this is gross revenue, not profit. Actual owner earnings vary based on location, operating costs, and management.
What is Sea Love's franchise failure rate?
SBA 7(a) loan charge-off data is not available for Sea Love (fewer than 10 loans on file). Charge-off rates are one way to gauge franchise risk, but not all franchise loans go through the SBA program. We recommend reviewing turnover and closure data in the FDD and speaking with current franchisees.
How many Sea Love franchise locations are there?
As of their most recent FDD filing, Sea Love has 12 total units in the United States, including 0 franchised units and 1 company-owned units. 5 new units were opened in the latest reporting year.
Is Sea Love a good franchise to buy?
FranchiseVerdict rates Sea Love as a A-grade franchise with a risk score of 47 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.
For franchisors
Are you the franchisor?
If you represent Sea Love, you can request corrections or provide updated information.
Claim this brandOther Financial Services franchises
Compare similar franchise opportunities in the Financial Services category
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.