FranchiseVerdict
Slime Kitchen logo
FV-02346·MODERATEExcellent81

Slime Kitchen

RetailFranchising since 2024Website
Investment
$106K – $170K
18th pct Retail
Avg revenue
53rd pct Retail
Royalty
Units
8
14th pct Retail
SBA default

Bottom line

  • Total investment $106K – $170K including a $35K franchise fee.
  • No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
  • Rated MODERATE with a risk score of 65/100.
  • No Item 19 financial performance representation. Without franchisor-disclosed revenue data, you'll need to gather unit economics directly from existing franchisees.

Item 1 · who you're contracting with

The Franchisor

Legal entity
Slime Kitchen Franchise, Inc.
Incorporated in
California
HQ
50 Black Fox Way, Redwood City, CA 94062
Auditor
Haynie & Company
Audited financials
Franchisor revenue
$0
vs $140K prior year

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 Slime Kitchen 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: retail
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $106K–$170K
Working capital
$
FDD reports $15K–$25K

Unlevered ROIC · per unit

33%

In Yale's "attractive" band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$53K
EBITDA margin
7.0%
Total invested
$158K
Payback
36 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

Franchisees operate retail locations or kiosks specializing in the sale and creation of slime products, likely targeting children and teens. Day-to-day operations include managing inventory, preparing slime batches, conducting in-store demonstrations or workshops, handling point-of-sale transactions, and managing customer safety/liability related to the product.

CEO
Katherine Ando
Founded
2022
FDD year
2025
States available
3

Item 7 · what it costs

The Vitals

Total investment
$106K – $170K
All-in to open one unit
Liquid capital
$15K – $25K
Cash you must have on hand
Franchise fee
$35K
Royalty
The greater of the $3,000 (Minimum Royalty Fee) or 7% of …
Ad fund
2.0%
typical 3–5%
Total fee load
10.0%
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
8
Opened
3
Last reporting year
Closed
0
Turnover rate
0.0%
Company-owned
5
Corporate units in the system
% franchised
38%
vs corporate-owned
2023
3+3
Franchised units
2024
0
Franchised units
2025
0
Franchised units

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

Item 20 · 31 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 · 31 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

Slime Kitchen presents elevated risk due to non-disclosure of financial performance, minimal system size (8 units), unclear growth trajectory, and structural royalty fees that may exceed earnings in low-revenue scenarios.

Score breakdown · what drove the 65 / 100 rating

  1. 01MEDNo Item 19 financial disclosure (Average Revenue and Net Income not disclosed) — inability to validate ROI claims or benchmark performance
  2. 02MEDExtremely small system with only 8 units — indicates minimal brand recognition, limited operational track record, and higher failure risk
  3. 03MINORUnknown unit growth trajectory — no clarity on whether system is expanding, stagnant, or contracting
  4. 04MINORHigh royalty burden with $3,000 monthly minimum ($36,000 annually) regardless of revenue — creates cash flow risk for underperforming locations
  5. 05HIGHGoing Concern status is False — suggests the franchisor entity may have capital constraints or operational instability
  6. 06HIGHNo disclosed litigation history — either legitimately clean or potentially undisclosed disputes; unclear without FDD verification
  7. 07MINORWide investment range ($105,500–$169,500) without breakdown — suggests inconsistent startup costs or lack of standardized operations

Severity inferred from the FDD text · not a regulatory classification

FDD Items 5, 6, 12, 17 · continued from Risk & Legal

Contract & Territory Detail

Territory
ZIP Codes
Protected territory
Yes
Initial term
10 years
Renewal term
5 years
Online sales rights
Restricted
Franchisor can compete
Yes
Hire a manager?
Allowed
Litigation count
0
Right of first refusal
No
Franchisor can buy back on resale
Mandatory arbitration
Yes
Jury trial waiver
Yes
Non-compete
2 yrs
Post-termination restriction
Owner-operator
Required
Governing law
California

Item 11

Training & Operations

Classroom training
12 hrs
On-the-job training
108 hrs
POS system
Square
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

34 numbers

Locked
(405) 521-••••
OK
(801) 530-••••
UT
(207) 298-••••
ME

One-time purchase · CSV download · Validation questions included

FDD download

Slime Kitchen · FDD (2025) PDF

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