Spaulding Decon Franchise Cost, Revenue & Review 2026
- Investment
- $163K – $205K
- Disclosed sales
- not disclosed
- SBA charge-off
- 0.0%
- on 11 loans
Data from FDD filing + SBA 7(a) records
Analysis by FranchiseVerdict Research · Methodology
Spaulding Decon is a specialty cleaning franchise handling crime-scene, biohazard, and hoarding cleanup, plus mold remediation. Franchisees run local operations, managing trained crews and sensitive client jobs.
FranchiseVerdict summary · 2026
A Spaulding Decon franchise requires a total initial investment of $163K – $205K, including a $50K franchise fee and an ongoing 8.0% royalty[2]. This franchisor makes no financial performance representation in Item 19 of its FDD. Item 19 is voluntary under the FTC Franchise Rule, and this filing states that it makes none, so no revenue or earnings figures are disclosed. Declining to publish one is lawful and is not evidence of how the outlets perform. It does mean that less about this brand can be verified from its filing, and the FranchiseVerdict grade - an editorial assessment, not investment advice - reflects that. SBA 7(a) loans show a 0.0% charge-off rate across 11 loans[1]. FranchiseVerdict grade: D (Below average), an editorial assessment, not investment advice. Run a live ROI scan →
Sources, dates and evidence
FDD issued: 2024 filing · Data extracted: · Last cited check: · Staleness risk: high - figures are from a filing two or more years old
Evidence: strong✓ Investment (Item 7)✓ Item 19 status✓ Units and owners (Item 20)✓ SBA loan coverage✓ Litigation (Item 3)✓ Financial statements (Item 21)✓ Franchisor identityhow this is scored5 of 5 headline figures on this page cite a page of the filing.
Overview
- Investment
- $163K – $205K
- 63rd pct Cleaning & Ma…
- Avg gross sales
- N/A
- Royalty
- 8.0%
- 56th pct Cleaning & Ma…
- Units
- 14
- 24th pct Cleaning & Ma…
- SBA charge-off
- 0.0%
- % of SBA 7(a) loans not repaid · median varies by category
Quick verdict · Cleaning & Maintenance · color = vs category peers
Green = favorable by >10% vs Cleaning & Maintenance median · No shading = within ±10% · Red = unfavorable by >10% · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
Bottom line
- COSTTotal investment $163K – $205K including a $50K franchise fee, 8.0% ongoing royalty.
- RETURNSThis franchisor makes no financial performance representation in Item 19 of its FDD. Item 19 is voluntary under the FTC Franchise Rule, and this filing states that it makes none, so no revenue or earnings figures are disclosed. Declining to publish one is lawful and is not evidence of how the outlets perform. It does mean that less about this brand can be verified from its filing, and the FranchiseVerdict grade - an editorial assessment, not investment advice - reflects that.
- RISKVerdict D (Below average), verdict score 31/100 (higher is better). SBA loan charge-off rate of 0.0% across 11 loans (well below the franchise average, based on all SBA 7(a) franchise lending, 2010–2025).
- GROWTHNegative: net -27 franchised outlets in the latest year (3 opened, 30 closed); 7 signed but not yet open (Item 20).
- FLAG27 units terminated last reporting year (192.9% of the system). Ask existing franchisees why.
Item 1 · who you're contracting with
The Franchisor
Corporate structure & franchisor financials
- Legal entity
- Spaulding Decon Industries, Corp.
- CEO title
- Founder, CEO and President
- Laura Spaulding
- Incorporated in
- Florida
- HQ
- 1032 E Brandon Blvd. #8338, Brandon, Florida 33511
- Auditor
- HACKER, JOHNSON & SMITH PA
- Audited financials
- Franchisor revenue
- $2.5M
- vs $2.4M prior year
Overview
About
- CEO
- Laura Spaulding
- Headquarters
- FL
- Founded
- 2014
- FDD year
- 2024
- States available
- 10
Can you afford it, and what does the money buy?
Entry cost runs 8% above the typical cleaning & maintenance franchise.
Source: FDD 2024 · Items 5–7
FDD Item 7 · 2024 filing
Initial investment breakdown
| Cost component | Low | High |
|---|---|---|
| Initial franchise fee | $50K | $50K |
| Working capital (3–6 mo) | $35K | $50K |
| Equipment, build-out, other | $78K | $105K |
| Total initial investment | $163K | $205K |
Source: Spaulding Decon 2024 FDD, Items 5 and 7[2]. “Equipment, build-out, other” is computed as total minus disclosed line items above.
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $163K – $205K
- Middle of category vs category
- Liquid capital req'd
- $35K – $50K
- Middle of category vs category
- Franchise fee
- $50K – $50K
- Middle of category vs category
- Royalty
- 8.0%
- Set by a formula · typical 6–8%
- Ad fund
- 1.5%
- typical 3–5%
- Total fee load
- 9.5%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 8.0% of gross sales |
| Marketing / ad fund | 1.5% of gross sales |
| Technology fee | $300 |
| Transfer fee | $15K |
| Renewal fee | $10K |
| Total fee load | 9.5% of rev |
ROI & LBO modelsSingle-unit · 25-unit portfolio · editable
Spaulding Decon makes no financial performance representation in Item 19 of its FDD - a voluntary item under the FTC Franchise Rule - so no unit revenue figures are disclosed. The return models need a revenue figure to start from, and the operating costs that turn gross sales into a profit are in no FDD. Enter your own and the calculator runs on your assumptions — nothing here is modelled until you do.
Returns model · single-unit ROIC
What would one Spaulding Decon unit return on the cash you put in?
Illustrative category typicals — not sourced to any filing, survey or sample. Replace them with figures from franchisee validation calls before you rely on the output.
Unlevered ROIC · per unit
Your modelled return on total invested capital, before any debt financing.
—
An FDD discloses gross sales, not profit. We hold no sourced figure for annual revenue, COGS, labour, rent / occupancy and other operating costs, and will not substitute an assumed one. Enter your own and the model runs on your assumptions.
These models are for research and scenario planning only. Not investment advice. Actual results depend on your specific location, management, and market conditions. Consult a franchise attorney and accountant before signing any franchise agreement.
Item 19 · Source: 2024 FDD
Financial Performance
No financial performance representation
This franchisor makes no financial performance representation in Item 19 of its FDD. Item 19 is voluntary under the FTC Franchise Rule, and this filing states that it makes none, so no revenue or earnings figures are disclosed. Declining to publish one is lawful and is not evidence of how the outlets perform. It does mean that less about this brand can be verified from its filing, and the FranchiseVerdict grade - an editorial assessment, not investment advice - reflects that.
Item 20 of the FDD lists current and former franchisees; asking them directly is the standard way to fill this gap.
Operator outlook
What the numbers say
Data-driven interpretation of this brand's financial disclosures, fee structure, and system trajectory.
Fee burden
Total ongoing fee load of 9.5% (near the Cleaning & Maintenance median).
Disclosure
This franchisor makes no financial performance representation in Item 19 of its FDD. Item 19 is voluntary under the FTC Franchise Rule, and this filing states that it makes none, so no revenue or earnings figures are disclosed. Declining to publish one is lawful and is not evidence of how the outlets perform. It does mean that less about this brand can be verified from its filing, and the FranchiseVerdict grade - an editorial assessment, not investment advice - reflects that. Item 20 of the FDD lists current and former franchisees; asking them directly is the standard way to fill this gap.
Operator retention
System contracting at -53.3% CAGR over 3 years. Investigate whether closures are franchisor-driven consolidation or franchisee exits.
Source: FDD Item 19 financial performance representations and publicly filed FDD data. Past performance is not indicative of future results. Verify all figures with the franchisor and current franchisees before making any investment decision.
vs Cleaning & Maintenance medians
How Spaulding Decon Compares
Category median of published Cleaning & Maintenance brands that report the figure; the middle half spans the 25th to 75th percentile and n counts the brands behind it. Medians are used because a few very large systems pull an average far from the typical brand. Revenue is disclosed gross sales, not profit.
Is the system healthy?
Source: FDD 2024 · Item 20
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 14
- Opened
- 3
- Last reporting year
- Closed
- 30
- Terminated
- 27
- Franchisor ended the franchise (per Item 20)
- Turnover rate
- 100.0%
- Company-owned
- 0
- Corporate units in the system
- % franchised
- 100%
- vs corporate-owned
- Net growth (3-yr)
- -53.3%
- Net unit change over 3 years
- 3-yr CAGR
- -53.3%
- Compounded over last 3 years
Last fiscal year · Item 20 exits and transfers
- Terminated
- 27
- Signed, not yet open
- 7
- 0.50 per open outlet · Item 20 Table 5
- Projected new
- 3
- Franchisor's next-year forecast
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).
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.
Where the owners are · Item 20 owner list
19 current owners across 12 states; 16 former (terminated, transferred or not renewed) listed separately.
- FL 4
- TX 3
- IL 2
- OK 2
- KY 1
- LA 1
- MD 1
- MI 1
- MN 1
- OR 1
- PA 1
- SC 1
Counts only, from the list the franchisor prints in Item 20. Names and phone numbers are for your own due diligence and are not shown here.
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA 7(a) and 504 loan disclosures, public data unique to FranchiseVerdict.
- Total loans
- 11
- Loan volume
- $1.5M
- Median loan
- $150K
- 50th percentile
- Charge-off rate
- 0.0%
- on 11 loans · rates vary by category · see methodology
Historical SBA 7(a) lending data, not predictive of future performance. How SBA charge-off rates are calculated
- Repayment rate (PIF)
- 100.0%
- 5-yr charge-off
- 0.0%
- Loans approved 2021+
- Active lenders
- 2
- Defaults
- 0
- Typical loan rate
- 7.5%
- avg rate to borrowers
- Franchised industry avg
- 12.9%
- brand beats franchise avg ↓
- Jobs supported
- 45
- 2.9 per loan
- Lender concentration
- 82%
- top lender's share
Borrower mix: 100% went to startups / new businesses, 0% to established operators
Franchise vs independent — in remediation services, franchised businesses charge off at 12.9% vs 10.4% for independents — franchising is associated with 24% higher SBA default risk in this category.
Top lenders financing Spaulding Decon franchisees
Explore lender portfolios on Bank Reports or regional data on State Reports.
Lender network · 7(a) + 504
SBA Lending Report
Full lending analysis for Spaulding Decon from SBA 7(a) FOIA data.
- Principal loss rate
- 0.0%
- Avg SBA guarantee
- 83%
- Avg interest rate
- 7.45%
- Lender concentration
- 81.8%
- Job velocity
- 2.9 per $100K
- NAICS benchmark
- 10.2%
- NAICS 562910
- Jobs supported
- 45
Top SBA lendersTop lender holds 82% of loans
| # | Lender | Loans | Volume | Default % |
|---|---|---|---|---|
| 1 | United Midwest Savings Bank National Association | 9 | $1.4M | 0.0% |
| 2 | The Huntington National Bank | 2 | $190K | N/A |
Geographic failure vector
| State | Loans | Defaults | Rate |
|---|---|---|---|
| CACalifornia | 2 | 0 | 0.0% |
| GAGeorgia | 2 | 0 | 0.0% |
| MNMinnesota | 2 | 0 | -- |
| CTConnecticut | 1 | 0 | -- |
| MOMissouri | 1 | 0 | 0.0% |
| NCNorth Carolina | 1 | 0 | 0.0% |
| SCSouth Carolina | 1 | 0 | -- |
| TXTexas | 1 | 0 | -- |
SBA 7(a) lending trend
Borrower profile
Source: SBA 7(a) + 504 FOIA loan-level data, matched by FranchiseVerdict
With a 0.0% charge-off rate across 11 loans, banks have historically viewed this brand favorably for lending.
What could kill this investment?
SBA loans charge off at 0.0% — 100% below the 16.0% national norm, i.e. lower lender-observed risk.
Source: SBA 7(a) FOIA · FDD Items 3, 21
Risk analysis
FranchiseVerdict rating + FDD Items 3, 4, 8, 16, 21
Risk & Legal
14-unit biohazard-cleanup system with negative net worth -$43,455 and 6 litigation matters including two franchisee fraudulent-inducement/misrepresentation suits — concerning severity relative to system size. Turnover rate is extremely high at 214% and units shrank -53.3%. Net income positive; audited, no Item 19.
Litigation (Item 3)
Subject: the franchisor is a named party (defendant).
Franchisor is plaintiff in one collection/breach case and one large 29-defendant breach/trademark case against franchisees; franchisor is defendant in two franchisee-initiated suits (Memphis Decon, Christopher Johnstone) alleging fraudulent inducement and misrepresentation; two prior actions from 2018-2019 were settled/transferred and resolved.
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · HACKER, JOHNSON & SMITH PA
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
- Must buy proprietary products: Yes
- Restricted to system-approved products: Yes
- Can negotiate own supplier terms: No
Score breakdown · what drove the 31 / 100 verdict
- 01MINORfranchisor_net_worth=-$43,455 (negative equity)
- 02HIGHlitigation_count=6 vs 14 units, includes fraud-inducement claims
- 03MINORturnover_rate=2.1429 (214%), net_growth_pct=-53.3
- 04MINORno Item 19 disclosure
Severity inferred from the FDD text · not a regulatory classification
What are you signing up for?
Ongoing fees run about 9.5% of sales (royalty + ad fund), before rent and labor.
Source: FDD 2024 · Items 11, 12, 17
FDD Items 12, 15, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 10 years |
|---|---|
| Renewal term | 10 years |
| Allowed renewalsℹ | 1 |
| Territory type | Protected territory |
| Protected territory | Yes |
| Exclusive territoryℹ | No |
| Territory population | 350,000 |
| Online sales rightsℹ | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Required |
| Non-compete (years)ℹ | 2 years |
| Non-compete (miles)ℹ | 15 mi |
| Right of first refusalℹ | Yes |
| RoFR response window | 30 days |
| Transfer requires consent | Yes |
| Termination notice | 30 days |
| Termination groundsℹ | 12 |
| Curable defaultsℹ | 12 |
| Mandatory arbitration | No |
| Arbitration location | Tampa, Florida (non-binding mediation) |
| Jury trial waiver | No |
| Governing law | Florida |
| Litigation count | 6 |
View Item 3 litigation summary
Franchisor is plaintiff in one collection/breach case and one large 29-defendant breach/trademark case against franchisees; franchisor is defendant in two franchisee-initiated suits (Memphis Decon, Christopher Johnstone) alleging fraudulent inducement and misrepresentation; two prior actions from 2018-2019 were settled/transferred and resolved.
Items 10, 11
Training & Operations
- Classroom training
- 80 hrs
- On-the-job training
- 48 hrs
- Ongoing training
- Required
- Site selection
- franchisee (home office model; franchisor approves)
- Franchisor financing
- Not offered
- Item 10
- POS system
- Business Management Software System
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: Business Management Software System
Item 20 · call current owners
Franchisee Contacts
35 owners to call
Name · phone · city · state. Extracted from FDD Item 20
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a Spaulding Decon franchise?
The total investment to open a Spaulding Decon franchise ranges from $163K – $205K, 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 Spaulding Decon franchise owners earn?
Spaulding Decon makes no financial performance representation in Item 19 of its FDD - a voluntary item under the FTC Franchise Rule - so no unit revenue figures are disclosed. Declining to publish one is lawful and is not evidence of how the outlets perform. It does mean that less about this brand can be verified from its filing, and the FranchiseVerdict grade - an editorial assessment, not investment advice - reflects that. Item 20 of the FDD lists current and former franchisees; asking them directly is the standard way to fill this gap.
Who owns Spaulding Decon?
Spaulding Decon is franchised by Spaulding Decon Industries, Corp.. Source: FDD Item 1, 2024 filing.
What is Item 19 in the Spaulding Decon FDD?
The FDD section where a franchisor may disclose financial performance of its outlets. Disclosure is optional and formats vary; figures are typically gross sales, which is revenue before expenses, not profit. FranchiseVerdict extracts these figures directly from the Spaulding Decon FDD and qualifies whose outlets they describe.
What is Spaulding Decon's franchise failure rate?
Based on SBA 7(a) loan data, Spaulding Decon has a charge-off rate of 0.0% across 11 loans, meaning 0.0% of franchise loans were charged off. Charge-off rates are one proxy for franchise risk, though they do not capture all closures. This data comes from FOIA-sourced SBA lending records.
How many Spaulding Decon franchise locations are there?
As of their most recent FDD filing, Spaulding Decon has 14 total units in the United States, including 14 franchised units and 0 company-owned units. 3 new units were opened in the latest reporting year.
Is Spaulding Decon a good franchise to buy?
FranchiseVerdict rates Spaulding Decon as a D-grade franchise with a verdict score of 31 out of 100 (higher is better). The grade is a deterministic score built from six weighted dimensions — financial health, unit economics, unit growth, scale, legal, and transparency — then calibrated against SBA loan charge-off rates and FDD age. Transparency is one of the six, so a filing that discloses less scores lower on that dimension than one that discloses more. 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.