Bottom line
- Total investment $105K – $154K including a $55K franchise fee.
- Average unit revenue of $2.1M/year (median $1.3M).
- Rated STRONG with a risk score of 27/100. 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 SkyRun unit return on the cash you put in?
Unlevered ROIC · per unit
208%
Above typical band (30–60%)
Levered LBO scenario · Yale Crease Capital framing
What would 25 SkyRun units return on equity?
Equity IRR · 5-yr
30.0%
3.72× MOIC
Year-1 DSCR
2.68×
EBITDA ÷ debt service
Equity required
$8.5M
on $19.2M purchase
Total debt
$10.8M
SBA $5.0M + senior + seller note
Overview
About
SkyRun franchisees operate vacation rental property management businesses, handling guest bookings, cleaning coordination, maintenance, and customer service for residential properties. Day-to-day activities include managing online listings across multiple platforms, processing reservations, coordinating housekeeping and repairs, collecting payments, and resolving guest issues. Revenue is generated through commission-based fees on nightly rental rates.
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 · 36 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
SkyRun presents moderate risk with strong revenue metrics offset by missing profitability disclosure, aggressive growth trajectory, and going concern status that warrant careful validation.
Score breakdown · what drove the 27 / 100 rating
- 01MEDNet income not disclosed in Item 19 — unable to verify actual profitability despite $2.1M average revenue claims
- 02MINORRapid unit growth of 24.2% YoY may indicate unsustainable expansion or survival bias in reporting
- 03MINORZero franchise fee is unusual and may signal difficulty attracting franchisees or aggressive market penetration strategy
- 04MINORMinimum Monthly Royalty Amount not specified — creates uncertainty about baseline cost structure
- 05HIGHGoing concern notation despite growth — suggests potential balance sheet or operational stress
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
78 numbers
One-time purchase · CSV download · Validation questions included
FDD download
SkyRun · FDD (2025) PDF