Smart Carpet Cleaning
Formerly known as Smart Repair
Bottom line
- Total investment $111K – $178K including a $34K franchise fee.
- Average unit revenue of $509K/year.
- Rated MODERATE with a risk score of 60/100.
- 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 SMART CARPET CLEANING unit return on the cash you put in?
Unlevered ROIC · per unit
37%
In Yale's "attractive" band (30–60%)
Levered LBO scenario · Yale Crease Capital framing
What would 25 SMART CARPET CLEANING units return on equity?
Equity IRR · 5-yr
49.9%
7.57× MOIC
Year-1 DSCR
1.88×
EBITDA ÷ debt service
Equity required
$407K
on $2.0M purchase
Total debt
$1.6M
SBA $1.0M + senior + seller note
Overview
About
SMART Carpet Cleaning franchisees operate carpet and upholstery cleaning services, typically handling direct customer acquisition, service delivery, and scheduling. Day-to-day activities include performing on-site cleaning using proprietary or licensed methods, managing customer relationships, handling invoicing, and maintaining equipment and inventory.
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 · 14 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
Micro-franchise system with only 2 units, undisclosed profitability metrics, and high capital requirements creates elevated risk of inadequate support infrastructure and unverified unit economics.
Score breakdown · what drove the 60 / 100 rating
- 01MINOROnly 2 units in system with unknown growth trajectory raises sustainability concerns
- 02MEDNet income not disclosed in Item 19 — cannot verify profitability claims against $508K average revenue
- 03MINORHigh initial investment ($111K-$178K) relative to tiny 2-unit franchise creates disproportionate risk
- 04MINORRoyalty floor of $300/month ($3,600/year) may be unsustainable for smaller locations or slow-growth territories
- 05MINORInsufficient franchisee pool (2 units) makes peer validation and support network assessment impossible
- 06MEDNo disclosed unit growth data suggests stalled expansion or undisclosed closures
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
16 numbers
One-time purchase · CSV download · Validation questions included
FDD download
SMART CARPET CLEANING · FDD (2024) PDF