Bottom line
- Total investment $22K – $62K including a $20K franchise fee, 5.0% ongoing royalty.
- Average unit revenue of $90K/year (median $72K).
- Rated MODERATE with a risk score of 65/100.
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 Snaggle Foot unit return on the cash you put in?
Unlevered ROIC · per unit
31%
In Yale's "attractive" band (30–60%)
Levered LBO scenario · Yale Crease Capital framing
What would 25 Snaggle Foot units return on equity?
Equity IRR · 5-yr
49.9%
7.57× MOIC
Year-1 DSCR
1.88×
EBITDA ÷ debt service
Equity required
$197K
on $985K purchase
Total debt
$788K
SBA $0.5M + senior + seller note
Overview
About
Snaggle Foot franchisees operate a foot care or podiatric service business (likely mobile or retail-based given the brand name focus on feet). Day-to-day operations likely include direct customer service delivery, appointment scheduling, inventory management of foot care products/supplies, and compliance with 5% sales royalty payments to corporate.
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 · 12 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
Snaggle Foot presents elevated risk due to going concern status, non-disclosure of net income, microscopic unit count, and fee-heavy business model that may not support adequate franchisor support.
Score breakdown · what drove the 65 / 100 rating
- 01HIGHGoing Concern status is FALSE — franchisor may be financially unstable or facing operational viability issues
- 02MEDNet Income not disclosed — inability to assess actual profitability; $89,565 avg revenue may not translate to viable earnings after 5% royalty ($4,478) and operating costs
- 03MINOROnly 11 units with unknown growth trajectory — extremely small system raises questions about scalability, support infrastructure, and franchisor sustainability
- 04MINORHigh franchise fee ($20,000) relative to total investment range and small unit count suggests fee-dependent revenue model rather than sustainable franchise model
- 05HIGHNo litigation disclosed but going concern status suggests potential undisclosed disputes or financial distress
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
15 numbers
One-time purchase · CSV download · Validation questions included
FDD download
Snaggle Foot · FDD (2023) PDF