Shredder Indoor Ski and Snowboard School
Bottom line
- Total investment $219K – $395K including a $28K franchise fee, 6.0% ongoing royalty.
- Average unit revenue of $260K/year (median $261K).
- Rated MODERATE with a risk score of 55/100. SBA loan default rate of 0.0% across 4 loans (below the industry average).
- 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
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 Shredder Indoor Ski and Snowboard School unit return on the cash you put in?
Unlevered ROIC · per unit
12%
Below typical band (30–60%)
Levered LBO scenario · Yale Crease Capital framing
What would 25 Shredder Indoor Ski and Snowboard School units return on equity?
Equity IRR · 5-yr
49.9%
7.57× MOIC
Year-1 DSCR
1.88×
EBITDA ÷ debt service
Equity required
$467K
on $2.3M purchase
Total debt
$1.9M
SBA $1.2M + senior + seller note
Overview
About
Franchisees operate indoor ski and snowboard instruction facilities, managing lesson scheduling, instructor staff, equipment maintenance, and customer retention. Day-to-day operations include teaching lessons, managing facility equipment (ski slopes/simulators), handling member/guest check-ins, and marketing to local recreational and tourism audiences.
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 · 16 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
Early-stage, rapidly expanding niche concept with undisclosed profitability metrics and high capital requirements relative to disclosed revenues poses moderate-to-high financial risk for franchisees.
Score breakdown · what drove the 55 / 100 rating
- 01MEDNet income not disclosed in FDD Item 19 — impossible to verify profitability claims against $259,569 average revenue
- 02MINORExplosive 300% YoY unit growth (from ~2 to 8 units) suggests either brand new system or recent rapid expansion with unproven sustainability
- 03MEDHigh investment range ($219k-$395k) relative to disclosed average revenue ($259,569) creates tight ROI timeline and breakeven risk
- 04MINOR6% royalty on gross sales (not net) means franchisees pay royalties even during loss periods
- 05MEDUltra-niche market (indoor ski/snowboard) with limited addressable market and high seasonal/weather dependency for customer acquisition
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
20 numbers
One-time purchase · CSV download · Validation questions included
FDD download
Shredder Indoor Ski and Snowboard School · FDD (2025) PDF