Spiffy Franchise Cost, Revenue & Review 2026
Data from FDD filing + SBA 7(a) records
Analysis by FranchiseVerdict Research · Methodology
Spiffy is a mobile car care franchise providing on-demand car washing, detailing, and maintenance at customers' homes and offices. Franchisees run mobile operations, managing technicians, scheduling, and service vans.
FranchiseVerdict summary · 2026
A SPIFFY franchise requires a total initial investment of $102K – $181K, including a $40K franchise fee and an ongoing 7.0% royalty[2]. The 2022 FDD does not disclose unit-level revenue (no Item 19). FranchiseVerdict grade: A (Strongest tier), an editorial assessment, not investment advice. Run a live ROI scan →
Data last verified · figures per the 2022 FDD issuance
Overview
- Investment
- $102K – $181K
- 13th pct Automotive
- Avg gross sales
- N/A
- Company-owned only
- Royalty
- 7.0%
- 27th pct Automotive
- Units
- 38
- 20th pct Automotive
- SBA charge-off
- N/A
Quick verdict · Automotive · color = vs category peers
Green = favorable by >10% vs Automotive avg · 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 $102K – $181K including a $40K franchise fee, 7.0% ongoing royalty.
- RETURNSItem 19 covers 21 AFFILIATE-owned businesses (printed p.51-52): 'No units operated by franchisees are included ... because none had operated for twelve months as of December 31, 2021.' Each reporting unit operates multiple vans as a city-wide operation; the franchisor's own Year 1 average is $167,722.
- RISKVerdict A (Strongest tier), verdict score 61/100 (higher is better).
- DATAItem 19 reports Affiliate-owned SPIFFY businesses rather than annual gross sales, so unit revenue is not directly comparable. Ask franchisees directly for full unit-level revenue.
Item 1 · who you're contracting with
The Franchisor
Corporate structure & franchisor financials
- Legal entity
- SPIFFY FRANCHISING, LLC
- Ultimate parent
- Get Spiffy, Inc.
- CEO title
- Chief Executive Officer
- M. Scot Wingo
- CEO experience
- 19 yrs
- Years in role or industry
- Founder active
- Yes
- Original founder still leading the business
- Incorporated in
- Delaware
- HQ
- 4506 S. Miami Blvd, Suite 150, Durham, North Carolina 27703
- Auditor
- ROMEO, WIGGINS & COMPANY, L.L.P.
- Audited financials
- Franchisor revenue
- $483
- vs $320K prior year
Overview
About
- CEO
- M. Scot Wingo
- Headquarters
- NC
- Founded
- 2020
- FDD year
- 2022
- States available
- 8
Can you afford it, and what does the money buy?
Entry cost runs 85% below the typical automotive franchise.
Source: FDD 2022 · Items 5–7
Full Item 7 breakdown19 line items
Initial investment breakdown
| Line item | Low | High | |
|---|---|---|---|
| Initial Franchise Feenot refundable | $36K | $40K | |
| Software Set Up Feenot refundable | $2K | $2K | |
| Core Service Van Down Paymentnot refundable | — | — | |
| Core Service Van Lease Paymentsnot refundable | $3K | $10K | |
| Management Training Feenot refundable | $5K | $5K | |
| Construction, Leasehold Improvements, Furniture and Fixturesnot refundable | $0 | $5K | |
| Office/Warehouse Leasenot refundable | $6K | $15K | |
| Rent Deposits | $2K | $5K | |
| Supplies, Inventory, Equipmentnot refundable | $25K | $35K | |
| Computer, Hardwarenot refundable | $3K | $5K | |
| Non-Spiffy Softwarenot refundable | $500 | $500 | |
| Spiffy Softwarenot refundable | $2K | $2K | |
| Utility Deposits | $500 | $1K | |
| Insurance Deposits and Premiumsnot refundable | $3K | $9K | |
| Pre-opening Travel Expensenot refundable | $750 | $2K | |
| Initial Advertisingnot refundable | $2K | $4K | |
| Professional Fees and Business Licensesnot refundable | $500 | $1K | |
| Office Equipment and Suppliesnot refundable | $500 | $2K | |
| Additional funds - 3 Monthsnot refundable | $10K | $40K | |
| Total initial investment | $102K | $181K |
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
- $102K – $181K
- Top 40% of category vs category
- Liquid capital req'd
- $10K – $40K
- Top 40% of category vs category
- Franchise fee
- $40K – $40K
- Top 40% of category vs category
- Royalty
- 7.0%
- percentage_of_gross · typical 6–8%
- Ad fund
- 2.0%
- typical 3–5%
- Total fee load
- 9.0%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 7.0% of gross sales |
| Marketing / ad fund | 2.0% of gross sales |
| Technology fee | $500 |
| Training fee | $5K |
| Transfer fee | $10K |
| Renewal fee | $5K |
| Total fee load | 9.0% of rev |
What do units actually make?
Source: FDD 2022 · Item 19
ROI & LBO modelsSingle-unit · 25-unit portfolio · editable
SPIFFY did not disclose financial performance in FDD Item 19. The ROIC and return models require Item 19 revenue. Without it all inputs are estimates. You can still run the calculator with your own assumptions by entering an expected revenue figure.
Returns model · single-unit ROIC
What would one SPIFFY unit return on the cash you put in?
Unlevered ROIC · per unit
Estimated return on your total franchise investment, before any debt financing.
72%
Above the 30–60% band. Verify revenue is per-unit average
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: 2022 FDD
Financial Performance
Item 19 covers 21 AFFILIATE-owned businesses (printed p.51-52): 'No units operated by franchisees are included ... because none had operated for twelve months as of December 31, 2021.' Each reporting unit operates multiple vans as a city-wide operation; the franchisor's own Year 1 average is $167,722.
Company-owned outlets only - not franchisee performance
- Item 19 type
- Affiliate-owned SPIFFY businesses
- Sample size
- 21
- vs category median 70 · small
- Range (low → high)
- $106K→$3.4M
- Cohort dispersion (min → max)
- Source filing
- FDD 2022
- The FDD edition these figures were read from
- Transparency
- 4 / 10
- vs category median 4 / 10 · typical
Compared against 167 Automotive brands
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 9.0% (near the Automotive average).
Disclosure
Item 19 reports Affiliate-owned SPIFFY businesses rather than annual gross sales, so unit revenue is not directly comparable.
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 Automotive averages
How Spiffy Compares
Is the system healthy?
Source: FDD 2022 · Item 20
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 38
- Opened
- 8
- 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
- 30
- Corporate units in the system
- % franchised
- 21%
- vs corporate-owned
3-year detail · Item 20
- Opened (3yr)
- 8
- Closed (3yr)
- 0
- Terminated (3yr)
- 0
- Non-renewed (3yr)
- 0
- Transfers (3yr)
- 0
- Reacquired (3yr)
- 0
- Franchisor bought back
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 12 · 8 states reported
The Territory Map
FDD Item 12 reports the state count, but the specific list isn't in our current data. The map will appear once we re-extract from the FDD or enough franchisee contacts are available.
8
states with franchisees (per FDD Item 12)
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA loan disclosures. This brand has only 2 7(a) loans on file; statistical reliability is limited below 10 loans.
- Total loans
- 2
- Loan volume
- $273K
- Median loan
- $173K
- 50th percentile
- Charge-off rate
- N/A
- limited sample (2 loans) — rate not shown below 10
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
- 2
- Defaults
- N/A
Explore lender portfolios on Bank Reports or regional data on State Reports.
What could kill this investment?
Source: SBA 7(a) FOIA · FDD Items 3, 21
Risk analysis
FranchiseVerdict rating + FDD Items 3, 4, 8, 16, 21
Risk & Legal
Financial distress flagged but distress_is_early_stage=true — a young franchisor (began 2020) with only 8 franchised vs 30 company-owned units and $320,213 revenue. No auditor going-concern doubt, no litigation, audited financials and Item 19 disclosed; treated as early-stage limited history.
Litigation (Item 3)
No litigation required to be disclosed
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · ROMEO, WIGGINS & COMPANY, L.L.P.
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 61 / 100 verdict
- 01MINORFinancial distress but early-stage (distress_is_early_stage=true)
- 02MINOROnly 8 franchised units vs 30 company-owned
- 03MINORNo going-concern note
- 04MEDNo litigation, audited, Item 19 disclosed
Severity inferred from the FDD text · not a regulatory classification
What are you signing up for?
Ongoing fees run about 9.0% of sales (royalty + ad fund), before rent and labor.
Source: FDD 2022 · Items 11, 12, 17
FDD Items 12, 15, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 10 years |
|---|---|
| Renewal term | 5 years |
| Allowed renewalsℹ | 1 |
| Territory type | Radius or Population |
| Protected territory | Yes |
| Exclusive territoryℹ | Yes |
| Territory radius | 20 mi |
| Territory population | 100,000 |
| Online sales rightsℹ | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Optional |
| Non-compete (years)ℹ | 2 years |
| Right of first refusalℹ | Yes |
| RoFR response window | 45 days |
| Transfer requires consent | Yes |
| Termination notice | 15 days |
| Mandatory arbitration | Yes |
| Arbitration location | Durham, North Carolina |
| Jury trial waiver | Yes |
| Governing law | North Carolina |
| Litigation count | 0 |
View Item 3 litigation summary
No litigation required to be disclosed
Items 10, 11
Training & Operations
- Classroom training
- 70 hrs
- On-the-job training
- 60 hrs
- Training location
- Durham, NC and Your Location
- Field support
- 60 hrs/yr
- On-site visits per year
- POS system
- Spiffy Software
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: Spiffy Software
Item 20 · call current owners
Franchisee Contacts
10 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
SPIFFY · FDD (2022) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a SPIFFY franchise?
The total investment to open a SPIFFY franchise ranges from $102K – $181K, with an initial franchise fee of $40K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do SPIFFY franchise owners earn?
SPIFFY 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 Item 19 in the SPIFFY 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 SPIFFY FDD and qualifies whose outlets they describe.
What is SPIFFY's franchise failure rate?
SBA 7(a) loan charge-off data is not available for SPIFFY (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 SPIFFY franchise locations are there?
As of their most recent FDD filing, SPIFFY has 38 total units in the United States, including 8 franchised units and 30 company-owned units. 8 new units were opened in the latest reporting year.
Is SPIFFY a good franchise to buy?
FranchiseVerdict rates SPIFFY as a A-grade franchise with a verdict score of 61 out of 100 (higher is better), 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
Are you the franchisor?
If you represent SPIFFY, you can request corrections or provide updated information.
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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.