Sparkle SquadFranchise Cost, Revenue & Review 2026
Data from FDD filing + SBA 7(a) records
FranchiseVerdict summary · 2026
A SPARKLE SQUAD franchise requires a total initial investment of $161K – $185K, including a $50K franchise fee and an ongoing 10.0% royalty[2]. The 2025 FDD does not disclose unit-level revenue (no Item 19). Verdict grade: B. Run a live ROI scan →
Data last verified June 18, 2026 · figures per the 2025 FDD issuance
Overview
- Investment
- $161K – $185K
- 61st pct Cleaning & Ma…
- Avg gross sales
- N/A
- 56th pct Cleaning & Ma…
- Royalty
- 10.0%
- 50th pct Cleaning & Ma…
- Units
- 37
- 37th pct Cleaning & Ma…
- SBA default
- N/A
Quick verdict · Cleaning & Maintenance · color = vs category peers
Green = >15% above Cleaning & Maintenance avg · No shading = within ±15% · Red = >15% below avg · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
Started franchising in 2023. Newer systems carry more uncertainty but may offer better territories.
Bottom line
- Total investment $161K – $185K including a $50K franchise fee, 10.0% ongoing royalty.
- No Item 19 financial performance data disclosed. The franchisor chose not to publish revenue figures.
- Verdict B (Above Average) with a risk score of 57/100.
- 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
- Sparkle Squad, LLC
- Parent company
- LD Parent, Inc.
- Ultimate parent
- CNL Strategic Capital, LLC
- Predecessor
- began offering franchises under the MOSQUITO HUNTERS name
- Prior franchisor entity
- CEO title
- Chief Executive Officer
- Chris Stoness
- CEO experience
- 2022 yrs
- Years in role or industry
- Incorporated in
- DE
- HQ
- 142 State Route 34, Holmdel, New Jersey 07733
- Auditor
- BDO USA, P.C.
- Audited financials
- Franchisor revenue
- $41.0M
- vs $45.3M prior year
Overview
About
Sparkle Squad franchisees operate cleaning service businesses, likely offering residential or commercial janitorial/sparkle cleaning services. Day-to-day activities involve scheduling customer appointments, managing cleaning crews or performing services directly, handling customer service/complaints, and managing invoicing/collections.
- CEO
- Chris Stoness
- Headquarters
- NJ
- Founded
- 2022
- FDD year
- 2025
- States available
- 10
FDD Item 7 · 2025 filing · 15 line items
Initial investment breakdown
| Line item | Low | High | |
|---|---|---|---|
| Initial Franchise Feenot refundable | $50K | $50K | |
| Training and Support Feenot refundable | $8K | $8K | |
| Initial Marketing Fee (for 1st year marketing)not refundable | $45K | $45K | |
| Equipment Package Feenot refundable | $16K | $16K | |
| Technology Feenot refundable | $150 | $150 | |
| Computer Hardwarenot refundable | $0 | $2K | |
| Rental Spacenot refundable | $0 | $400 | |
| Bookkeepernot refundable | $325 | $400 | |
| Service Vehicle depositnot refundable | $9K | $19K | |
| Service Vehicle Purchase/Lease Down Paymentnot refundable | $2K | $2K | |
| Training Travel Expenses (per attendee)not refundable | $3K | $4K | |
| Insurancenot refundable | $850 | $1K | |
| Holiday Lighting Start-Up Inventory Packagenot refundable | $5K | $5K | |
| Holiday Lighting Start-Up Equipment Packagenot refundable | $1K | $1K | |
| Additional Funds - 3 Monthsnot refundable | $23K | $33K | |
| Total initial investment | $161K | $185K |
Line items extracted from FDD Item 7. Ranges reflect the franchisor's stated low and high per line. Total is the sum of line-item lows / highs — actual costs may fall outside this range depending on market and build-out scope.
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $161K – $185K
- Near category avg vs category
- Liquid capital req'd
- $23K – $33K
- Near category avg vs category
- Franchise fee
- $50K – $50K
- Near category avg vs category
- Royalty
- 10.0%
- percentage · typical 6–8%
- Ad fund
- Greater of $30,000 or 5% of Net Revenues for Centrally Ma…
- Total fee load
- 15.0%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 10.0% of gross sales |
| Technology fee | $150 |
| Training fee | $8K |
| Transfer fee | $25K |
| Total fee load | 15.0% of rev |
Financial Performance
This franchisor did not disclose financial performance representations in Item 19, or our extractor could not parse them.
vs Cleaning & Maintenance averages
How Sparkle Squad Compares
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 37
- Opened
- 37
- Last reporting year
- Closed
- 0
- Terminated
- 0
- Franchisor ended the franchise (per Item 20)
- Non-renewed
- 0
- Term expired, not renewed (per Item 20)
- Turnover rate
- 0.0%
- Company-owned
- 0
- Corporate units in the system
- % franchised
- 100%
- vs corporate-owned
- Multi-unit owners
- 10.0%
3-year detail · Item 20
- Transfers (3yr)
- 0
- Projected new
- 48
- Franchisor's next-year forecast
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 contact records (FDD Item 20). Shows states with at least one current operator on file. Full state registration data (Item 12) will appear on a future FDD refresh.
Available to sell in · Item 12
- Illinois
- Indiana
- Michigan
- South Dakota
- Virginia
- Wisconsin
States where the franchisor is registered to sell new franchises (FDD registration filings).
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA loan disclosures. This brand has only 1 7(a) loan on file; statistical reliability is limited below 10 loans.
- Total loans
- 1
- Loan volume
- $209K
- Median loan
- $209K
- 50th percentile
- Charge-off rate
- N/A
Historical SBA 7(a) lending data, not predictive of future performance. How SBA charge-off rates are calculated
- Repayment rate (PIF)
- N/A
- 5-yr charge-off
- N/A
- Loans approved 2021+
- Active lenders
- 1
- Defaults
- 0
Explore lender portfolios on Bank Reports or regional data on State Reports.
Premium insight
SBA Lending Report
Deep-dive into Sparkle Squad's SBA lending history: lender network, geographic footprint, interest rates, and more.
SBA Lending Report
- Principal loss rate and NAICS industry benchmark
- 1 lenders with concentration factor
- Per-state charge-off rates across 1 states
- Startup risk premium and job creation velocity
- 1-year lending trend
Instant access. No subscription.
Risk analysis
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Sparkle Squad presents CAUTION-level risk due to absence of financial performance data, undisclosed going concern issues, minimal unit count with unknown growth, and high royalty burden on an unproven revenue model.
Litigation (Item 3)
No litigation required to be disclosed
Largest disclosed settlement: $150,000
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · BDO USA, P.C.
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Supplier relationship · Items 8 & 16
- Franchisor sells you products: Yes
- Kickbacks from required suppliers: No
- Restricted to system-approved products: Yes
- Can negotiate own supplier terms: No
Score breakdown · what drove the 57 / 100 rating
- 01MINORNo Item 19 financial performance disclosure — impossible to validate $161k–$185k investment ROI claims
- 02HIGHGoing Concern status is FALSE — suggests potential financial instability or undisclosed corporate issues
- 03MINOROnly 37 units with unknown growth trajectory — indicates either very new brand or stalled expansion
- 04MED10% royalty on net revenues is aggressive given lack of disclosed average revenue benchmarks
- 05MINOR$50,000 franchise fee represents 31% of minimum investment — high upfront cost with no performance guarantees
- 06HIGHNo litigation disclosed but Going Concern flag raises questions about corporate transparency and financial health
Severity inferred from the FDD text · not a regulatory classification
FDD Items 5, 6, 12, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 10 years |
|---|---|
| Renewal term | 10 years |
| Allowed renewalsℹ | 1 |
| Territory type | Single-family residences |
| Protected territory | Yes |
| Exclusive territoryℹ | No |
| Online sales rightsℹ | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Required |
| Non-compete (years)ℹ | 1.5 years |
| Non-compete (miles)ℹ | 50 mi |
| Right of first refusalℹ | Yes |
| Transfer requires consent | Yes |
| Termination notice | 30 days |
| Curable defaultsℹ | 1 |
| Mandatory arbitration | Yes |
| Arbitration location | New Jersey |
| Jury trial waiver | Yes |
| Governing law | New Jersey |
| Litigation count | 0 |
View Item 3 litigation summary
No litigation required to be disclosed
Items 10, 11
Training & Operations
- Classroom training
- 60 hrs
- On-the-job training
- 6 hrs
- Training location
- On-site and corporate
- POS system
- Vonigo CRM
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: Vonigo CRM
Item 20 · call current owners
Franchisee Contacts
33 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
SPARKLE SQUAD · FDD (2025) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a SPARKLE SQUAD franchise?
The total investment to open a SPARKLE SQUAD franchise ranges from $161K – $185K, with an initial franchise fee of $50K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do SPARKLE SQUAD franchise owners earn?
SPARKLE SQUAD does not disclose average franchise owner earnings in their FDD Item 19. Not all franchisors are required to make financial performance representations. We recommend asking existing franchisees directly about their financial experience.
What is SPARKLE SQUAD's franchise failure rate?
SBA 7(a) loan charge-off data is not available for SPARKLE SQUAD (fewer than 10 loans on file). Charge-off rates are one way to gauge franchise risk, but not all franchise loans go through the SBA program. We recommend reviewing turnover and closure data in the FDD and speaking with current franchisees.
How many SPARKLE SQUAD franchise locations are there?
As of their most recent FDD filing, SPARKLE SQUAD has 37 total units in the United States, including 37 franchised units and 0 company-owned units. 37 new units were opened in the latest reporting year.
Is SPARKLE SQUAD a good franchise to buy?
FranchiseVerdict rates SPARKLE SQUAD as a B-grade franchise with a risk score of 57 out of 100, based on our analysis of investment costs, revenue data, SBA loan performance, and growth trends. Our rating is based solely on publicly available FDD and government data; we recommend speaking with current franchisees before making any investment decision. This is not investment advice.
Data sourced from public FDD filings and SBA 7(a) FOIA records. Not financial advice.
For franchisors
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Data extracted from public FDD filings and SBA 7(a) loan disclosures (FOIA). This information is provided for research purposes only and does not constitute financial, legal, or investment advice. Verify all figures with the franchisor's current Franchise Disclosure Document before making any investment decision.