FranchiseVerdict
Spaulding Decon logo
FV-02402·MODERATEExcellent86

Spaulding Decon

Cleaning - Commercial & JanitorialFranchising since 2015Website
Investment
$163K – $205K
76th pct Commercial & …
Avg revenue
65th pct Commercial & …
Royalty
Units
14
25th pct Commercial & …
SBA default
0.0%
vs <3% typical

Bottom line

  • Total investment $163K – $205K including a $50K franchise fee.
  • No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
  • Rated MODERATE with a risk score of 64/100. SBA loan default rate of 0.0% across 17 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
Spaulding Decon Industries, Corp.
Incorporated in
Florida
HQ
1032 E Brandon Blvd. #8338, Brandon, Florida 33511
Auditor
HACKER, JOHNSON & SMITH PA
Audited financials
Franchisor revenue
$2.4M
vs $2.5M prior year
⚠ Going-concern note
Disclosed in FDD 2024
Status as of 2024; may have been resolved in a later filing we don't yet have.

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 Spaulding Decon unit return on the cash you put in?

Revenue · per unit, per year
$
Item 19 not disclosed — typing your own estimate
Franchisor take · royalty + ad fund
Royaltytyp 68%
%
Ad fundtyp 35%
%
Operating costs · category default: restoration
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $163K–$205K
Working capital
$
FDD reports $35K–$50K

Unlevered ROIC · per unit

38%

In Yale's "attractive" band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$86K
EBITDA margin
11.5%
Total invested
$226K
Payback
31 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.

Overview

About

Spaulding Decon franchisees operate biohazard and crime scene cleanup services, responding to emergency calls to decontaminate residential and commercial properties. Day-to-day operations include hazmat-suited technician work, waste disposal compliance, insurance claim coordination, and on-call emergency response scheduling.

CEO
Laura Spaulding
Founded
2014
FDD year
2024
States available
10

Item 7 · what it costs

The Vitals

Total investment
$163K – $205K
All-in to open one unit
Liquid capital
$35K – $50K
Cash you must have on hand
Franchise fee
$50K
Royalty
the greater of (i) eight percent (8%) of weekly Gross Sal…
Ad fund
1.5%
typical 3–5%
Total fee load
9.5%
vs 9–13% typical

Item 19

Financial Performance

This franchisor did not disclose financial performance representations in Item 19, or our extractor could not parse them.

Item 20 · unit dynamics

The Growth Chart

Total units
14
Opened
3
Last reporting year
Closed
30
Turnover rate
214.3%
Company-owned
0
Corporate units in the system
% franchised
100%
vs corporate-owned
Net growth (yr3)
-65.9%
Net unit change last year
3-yr CAGR
-62.2%
Compounded over last 3 years
2022
14-30
Franchised units
2023
41
Franchised units
2024
37
Franchised units

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

Item 20 · 20 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 · 20 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
17
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

64
Risk · 0-100
MODERATE64 / 100

Spaulding Decon presents extreme risk: a collapsing franchise system (down 66% YoY) with active litigation alleging fraud, no financial transparency, and going concern warnings.

Score breakdown · what drove the 64 / 100 rating

  1. 01MINORSystem collapsed 65.9% YoY (14 units remaining) — indicates severe franchisee failure or franchisor operational failure
  2. 02HIGHMultiple active litigation cases alleging fraudulent inducement, misrepresentation, and breach — suggests systemic franchisor credibility issues
  3. 03MEDNo Item 19 financial disclosures (Avg Revenue/Net Income not disclosed) — prevents validation of profitability claims and income potential
  4. 04HIGHGoing Concern flag indicates franchisor financial viability risk despite continued unit recruitment
  5. 05MEDMinimum Royalty structure undisclosed — franchisees may owe substantial royalties even with low/zero sales
  6. 06MINOR$49,500 franchise fee + $162,510–$204,550 total investment with unproven ROI in declining system

Severity inferred from the FDD text · not a regulatory classification

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

Contract & Territory Detail

Territory
Geographic area
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
6
Right of first refusal
Yes
Franchisor can buy back on resale
Mandatory arbitration
No
Jury trial waiver
No
Non-compete
2 yrs
Post-termination restriction
Owner-operator
Required
Governing law
Florida

Item 11

Training & Operations

Classroom training
80 hrs
On-the-job training
48 hrs
POS system
Business Management Software System
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

35 numbers

Locked
(407) 598-••••
FL
(773) 546-••••
IL
(615) 270-••••
TN

One-time purchase · CSV download · Validation questions included

FDD download

Spaulding Decon · FDD (2024) PDF

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