FranchiseVerdict
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FV-02364·MODERATEExcellent95FDD 2022

Snapchef

Business Services - StaffingFranchising since 2022Website
Investment
$138K – $198K
88th pct Staffing
Avg revenue
$1.7M
13th pct Staffing
Royalty
Units
4
13th pct Staffing
SBA default

Bottom line

  • Total investment $138K – $198K including a $40K franchise fee.
  • Average unit revenue of $1.7M/year (median $1.9M). Estimated payback in 1.0 years.
  • Rated MODERATE with a risk score of 64/100.

Item 1 · who you're contracting with

The Franchisor

Legal entity
SNAPCHISE LLC
Incorporated in
Massachusetts
HQ
800 Main Street, Holden, Massachusetts 01520
Auditor
Cain, Bourret, Jarry & Cressman LLC
Audited financials
Franchisor revenue
$0
Most recent fiscal 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 SNAPCHEF unit return on the cash you put in?

Revenue · per unit, per year
$
FDD Item 19 reports $1,708,234
Franchisor take · royalty + ad fund
Royaltytyp 68%
%
Ad fundtyp 35%
%
Operating costs · category default: generic
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $138K–$198K
Working capital
$
FDD reports $50K–$75K

Unlevered ROIC · per unit

119%

Above typical band (30–60%)

0%30–60% Yale band80%
ROIC above 100% usually means the revenue figure is a system-wide aggregate or top-cohort number rather than a single-unit average. Verify the "Revenue · per unit" field against the brand's FDD Item 19 detail tables before relying on this output.

Store EBITDA · annual
$273K
EBITDA margin
16.0%
Total invested
$230K
Payback
10 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.

Levered LBO scenario · Yale Crease Capital framing

What would 25 SNAPCHEF units return on equity?

Edit assumptions

Equity IRR · 5-yr

33.7%

4.27× MOIC

Year-1 DSCR

2.41×

EBITDA ÷ debt service

Equity required

$5.8M

on $15.4M purchase

Total debt

$9.6M

SBA $5.0M + senior + seller note

SBA 7(a) request ($7.7M) exceeds the $5M program cap. Excess capped automatically; backfill via conventional or equity.

Overview

About

SnapChef franchisees operate personal chef services, likely managing client acquisition, meal planning, grocery shopping, and in-home meal preparation. Day-to-day operations involve scheduling client visits, executing customized menus, maintaining food safety protocols, and managing the service delivery and customer relationships directly.

CEO
Todd Snopkowski
Founded
2022
FDD year
2022
States available
2

Item 7 · what it costs

The Vitals

Total investment
$138K – $198K
All-in to open one unit
Liquid capital
$50K – $75K
Cash you must have on hand
Franchise fee
$40K
Royalty
the greater of 6% of Gross Revenue or weekly minimum ($0-…
Ad fund
1.0%
typical 3–5%
Total fee load
7.0%
vs 9–13% typical
Payback period
1.0 yrs
From v3 / Item 19

Item 19

Financial Performance

Avg gross sales
$1.7M
Per unit, per year
Median gross sales
$1.9M
Item 19 type
Historical and Proforma
Sample size
4 units
vs category median 59 · small
Range (low → high)
$644K$2.4M
Cohort dispersion
Transparency
10 / 5
vs category median 0 / 5 · above
Revenue rank13th
vs Business Services - Staffing peers
Investment cost rank88th
Lower investment ranks lower (better)
Royalty rate rank79th
Lower royalty = lower percentile (better)
Unit count rank13th
vs Business Services - Staffing peers
Risk score rank58th
Lower risk = lower percentile (better)

Item 20 · unit dynamics

The Growth Chart

Total units
4
Opened
0
Last reporting year
Closed
0
Turnover rate
0.0%
Company-owned
4
Corporate units in the system
% franchised
0%
vs corporate-owned
Multi-unit owners
1.0%
2020
0±0
Franchised units
2021
0
Franchised units
2022
0
Franchised units

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

Item 20 · 10 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 · 10 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

64
Risk · 0-100
MODERATE64 / 100

Micro-franchise system with going concern questions, no financial disclosures, and minimal unit base creates elevated risk despite decent unit economics.

Score breakdown · what drove the 64 / 100 rating

  1. 01MEDOnly 4 units system-wide indicates extremely limited franchise network with unknown/likely stagnant growth trajectory
  2. 02HIGHGoing Concern status is FALSE, suggesting potential financial viability questions at corporate level
  3. 03MEDNo Item 19 (financial performance representations) disclosed, making revenue/profit claims unverifiable and unusually risky for franchisees
  4. 04MINORHigh initial investment ($138k-$197k) relative to system size creates concentration risk with minimal peer support network
  5. 05MINORRoyalty structure with $0-$300 weekly minimum suggests inconsistent cash flow predictability and potential profitability squeeze

Severity inferred from the FDD text · not a regulatory classification

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

Contract & Territory Detail

Territory
Population
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
Yes
Jury trial waiver
Yes
Non-compete
3 yrs
Post-termination restriction
Owner-operator
Required
Governing law
Massachusetts

Item 11

Training & Operations

Classroom training
40 hrs
On-the-job training
24 hrs
POS system
SNAPware / SNAPapp
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

11 numbers

Locked
(844) 424-••••
The Franchisor is SNAPCHISE LLC located at
MA
(512) 475-••••
WA
(850) 410-••••
FL

One-time purchase · CSV download · Validation questions included

FDD download

SNAPCHEF · FDD (2022) PDF

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