FranchiseVerdict
Snooze® Mattress Co. logo
FV-02371·STRONGExcellent86

Snooze® Mattress Co.

RetailFranchising since 2021Website
Investment
$302K – $860K
75th pct Retail
Avg revenue
$1.4M
41st pct Retail
Royalty
5.0%
15th pct Retail
Units
47
41st pct Retail
SBA default
0.0%
vs <3% typical

Bottom line

  • Total investment $302K – $860K including a $50K franchise fee, 5.0% ongoing royalty.
  • Average unit revenue of $1.4M/year.
  • Rated STRONG with a risk score of 37/100. SBA loan default rate of 0.0% across 18 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

Legal entity
Snooze International, LLC
Parent company
Snooze Mattress Holdings, Inc.
Incorporated in
Colorado
HQ
102 Oneida Street, Pueblo, Colorado 81003
Auditor
Divine, Blalock, Martin & Sellari, LLC
Audited financials
Franchisor revenue
$955K
vs $1.6M prior year
⚠ Going-concern note
Disclosed in FDD 2025
Auditor flagged doubt about continued operations. Verify against the latest FDD before deciding.

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 Snooze® Mattress Co. unit return on the cash you put in?

Revenue · per unit, per year
$
FDD Item 19 reports $1,351,934
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: $302K–$860K
Working capital
$
FDD reports $10K–$60K

Unlevered ROIC · per unit

18%

Below typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$108K
EBITDA margin
8.0%
Total invested
$616K
Payback
68 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 Snooze® Mattress Co. units return on equity?

Edit assumptions

Equity IRR · 5-yr

49.9%

7.57× MOIC

Year-1 DSCR

1.88×

EBITDA ÷ debt service

Equity required

$270K

on $1.4M purchase

Total debt

$1.1M

SBA $0.7M + senior + seller note

Overview

About

Snooze franchisees operate standalone or inline mattress retail showrooms, selling premium and value mattresses directly to consumers through in-store consultations and e-commerce integration. Day-to-day operations include customer education, sleep consultations, inventory management, sales floor staffing, and local marketing to drive traffic to their protected territory.

CEO
Matt Smith
Founded
2021
FDD year
2025
States available
16

Item 7 · what it costs

The Vitals

Total investment
$302K – $860K
All-in to open one unit
Liquid capital
$10K – $60K
Cash you must have on hand
Franchise fee
$50K
Royalty
5.0%
Monthly Gross Revenue · typical 6–8%
Ad fund
2.0%
typical 3–5%
Total fee load
7.0%
vs 9–13% typical

Item 19

Financial Performance

Avg gross sales
$1.4M
Per unit, per year
Median gross sales
Item 19 type
Affiliate-Owned Outlet
Sample size
1 units
vs category median 52 · small
Range (low → high)
$32K$224K
Cohort dispersion
Transparency
5 / 5
vs category median 3 / 5 · above
Revenue rank41th
vs Retail peers
Investment cost rank75th
Lower investment ranks lower (better)
Royalty rate rank15th
Lower royalty = lower percentile (better)
Unit count rank41th
vs Retail peers
Risk score rank2th
Lower risk = lower percentile (better)

Item 20 · unit dynamics

The Growth Chart

Total units
47
Opened
21
Last reporting year
Closed
6
Turnover rate
12.8%
Company-owned
2
Corporate units in the system
% franchised
96%
vs corporate-owned
Net growth (yr3)
+87.5%
Net unit change last year
3-yr CAGR
Outlier (see FDD)
Likely small-sample artifact
2023
45+21
Franchised units
2024
24
Franchised units
2025
8
Franchised units

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

Item 20 · 9 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 · 9 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.

Total loans
18
Loan volume
Avg loan
Default rate
0.0%
vs <3% typical · system-wide
5-yr default

FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17

Risk & Legal

37
Risk · 0-100
STRONG37 / 100

Snooze presents moderate-to-cautionary risk due to missing financial transparency (no Item 19 net income data), high capital requirements, and unproven scalability in a competitive mattress retail market.

Score breakdown · what drove the 37 / 100 rating

  1. 01MEDNet income not disclosed in FDD Item 19 — unable to verify profitability claims against $1.35M average revenue
  2. 02MINORHigh initial investment range ($302K-$860K) with royalty structure (5% or flat fee, whichever greater) creates unpredictable profit margins
  3. 03MINORRelatively small franchise system (47 units) limits brand recognition and purchasing power; YoY growth of 87.5% may not be sustainable

Severity inferred from the FDD text · not a regulatory classification

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

Contract & Territory Detail

Territory
Radius
Protected territory
Yes
Initial term
10 years
Renewal term
5 years
Online sales rights
Restricted
Franchisor can compete
No
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
2 yrs
Post-termination restriction
Owner-operator
Required
Governing law
Colorado

Item 11

Training & Operations

Classroom training
35 hrs
On-the-job training
14 hrs

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
(253) 882-••••
TBD Nathan Phillips
MO
(719) 321-••••
Matt Smith
CO
(719) 251-••••
UT

One-time purchase · CSV download · Validation questions included

FDD download

Snooze® Mattress Co. · FDD (2025) PDF

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