Bottom line
- Total investment $5K – $32K including a $12K franchise fee, 10.0% ongoing royalty.
- No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
- Rated MODERATE with a risk score of 64/100.
- 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
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 Singers Company unit return on the cash you put in?
Unlevered ROIC · per unit
450%
Above typical band (30–60%)
Overview
About
Singers Company franchisees operate music instruction or performance-based services, likely organizing group singing lessons, choral groups, or community music programs. Day-to-day operations involve recruiting and retaining students/participants, scheduling sessions, managing instructors or performers, and handling customer billing and retention.
Item 7 · what it costs
The Vitals
Item 19
Financial Performance
This franchisor did not disclose financial performance representations in Item 19, or our extractor could not parse them.
Item 20 · unit dynamics
The Growth Chart
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 28 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.
No SBA loan data available for this brand.
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Singers Company presents meaningful financial transparency gaps, declining unit growth, and complex royalty mechanics that obscure true franchisee profitability and sustainability risk.
Score breakdown · what drove the 64 / 100 rating
- 01MINORUnit count declining 4.8% YoY indicates system contraction and potential market saturation or franchisee dissatisfaction
- 02MEDAverage revenue and net income not disclosed in FDD Item 19 — impossible to validate ROI or profitability claims
- 03MINORRoyalty structure is unusually complex (10% OR 50% of gross OR $77-$320 minimum) creating unpredictable cost burden and potential margin compression
- 04MINORWide investment range ($4,650-$31,650) suggests unclear startup costs and inconsistent franchisee experience
- 05MINOR5-year term is below industry standard (typically 10 years), indicating higher renewal risk and shorter payback window
- 06MEDNo disclosed financial performance data makes it impossible to assess whether the franchise model is genuinely profitable
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
47 numbers
One-time purchase · CSV download · Validation questions included
FDD download
Singers Company · FDD (2023) PDF