FranchiseVerdict
Skiptown logo
FV-02336·MODERATEExcellent81

Skiptown

Personal Services - Pet CareFranchising since 2025Website
Investment
$905K – $1.7M
95th pct Pet Care
Avg revenue
62nd pct Pet Care
Royalty
6.0%
18th pct Pet Care
Units
3
20th pct Pet Care
SBA default

Bottom line

  • Total investment $905K – $1.7M including a $45K franchise fee, 6.0% ongoing royalty.
  • No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
  • Rated MODERATE with a risk score of 65/100.
  • 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

Legal entity
Skiptown Franchising, LLC
Parent company
Skipper Pets, Inc.
Incorporated in
Delaware
HQ
222 Rampart Street, Charlotte, North Carolina 28203
Auditor
Bennett Thrasher LLP
Audited financials
Franchisor revenue
$0
Most recent fiscal year
⚠ Going-concern note
Disclosed in FDD 2026
Auditor flagged doubt about continued operations. Verify against the latest FDD before deciding.

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 Skiptown unit return on the cash you put in?

Revenue · per unit, per year
$
Item 19 not disclosed — typing your own estimate
Franchisor take · royalty + ad fund
Royaltytyp 68%
%
Ad fundtyp 35%
%
Operating costs · category default: automotive
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $905K–$1.7M
Working capital
$
FDD reports $150K–$225K

Unlevered ROIC · per unit

9%

Below typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$128K
EBITDA margin
17.0%
Total invested
$1.5M
Payback
140 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.

Overview

About

Skiptown franchisees operate a specialized fitness/training facility (likely youth athletic performance or skip-rope focused brand) providing memberships, classes, camps, and coaching services. Day-to-day operations include facility management, staff scheduling, member billing, class instruction, and equipment maintenance across a protected territorial zone.

CEO
Mike Rotondo
Founded
2025
FDD year
2026
States available
3

Item 7 · what it costs

The Vitals

Total investment
$905K – $1.7M
All-in to open one unit
Liquid capital
$150K – $225K
Cash you must have on hand
Franchise fee
$45K
Royalty
6.0%
Gross Revenues · typical 6–8%
Ad fund
2.0%
typical 3–5%
Total fee load
8.0%
vs 9–13% typical

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

Total units
3
Opened
0
Last reporting year
Closed
0
Turnover rate
0.0%
Company-owned
3
Corporate units in the system
% franchised
0%
vs corporate-owned
2024
0±0
Franchised units
2025
0
Franchised units
2026
0
Franchised units

Year-over-year franchised unit counts and net change. Source: FDD Item 20.

Item 20 · 15 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 · 15 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

65
Risk · 0-100
MODERATE65 / 100

Skiptown presents caution-level risk due to extreme early-stage maturity (3 units only), complete absence of financial performance transparency, and high capital requirements without disclosed return metrics.

Score breakdown · what drove the 65 / 100 rating

  1. 01MINOROnly 3 existing units suggests extremely early-stage/unproven concept with no meaningful growth trajectory to evaluate
  2. 02MINORNo Item 19 (average revenue/net income disclosure) provided — impossible to assess ROI or break-even timeline against $904k-$1.6M investment
  3. 03MINORHigh initial investment range ($904k-$1.6M) paired with unknown unit economics creates severe financial risk visibility gap
  4. 04MINORMinimal franchisee base (3 units) limits ability to validate claims or obtain reliable performance data from peers
  5. 05MINOR6% royalty on weekly gross revenues (not net) compounds burden during startup phase when margins are tightest

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
No
Jury trial waiver
Yes
Non-compete
2 yrs
Post-termination restriction
Owner-operator
Required
Governing law
North Carolina

Item 11

Training & Operations

Classroom training
50 hrs
On-the-job training
45 hrs
POS system
SkipOS
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

21 numbers

Locked
(517) 373-••••
MI
(410) 576-••••
MD
(217) 782-••••
IL

One-time purchase · CSV download · Validation questions included

FDD download

Skiptown · FDD (2026) PDF

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