Stalk & Spade
Bottom line
- Total investment $767K – $1.3M including a $65K franchise fee, 7.0% ongoing royalty.
- No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
- Rated AVOID with a risk score of 79/100.
- 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
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 STALK & SPADE unit return on the cash you put in?
Unlevered ROIC · per unit
9%
Below typical band (30–60%)
Overview
About
STALK & SPADE appears to be a garden design, landscaping, or horticultural retail/service concept requiring franchisees to establish a storefront or service operation. Franchisees likely manage day-to-day customer service, project fulfillment, inventory (if retail), staff management, and local marketing within their protected territory. Without disclosed revenue data, the operational complexity and profitability remain opaque.
Item 7 · what it costs
The Vitals
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
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 3 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 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.
No SBA loan data available for this brand.
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
STALK & SPADE presents high risk: going concern status, single-unit system, zero disclosed financials, and capital-intensive model create conditions for franchisee loss.
Score breakdown · what drove the 79 / 100 rating
- 01HIGHGoing Concern warning indicates the franchisor may be financially unstable or facing operational viability issues
- 02MINOROnly 1 existing unit suggests minimal system track record, no proven replicable model, and extreme difficulty validating performance claims
- 03MINORNo average revenue or net income disclosure (no Item 19) prevents ROI assessment and suggests franchisor cannot or will not demonstrate unit profitability
- 04MINORHigh initial investment range ($767K–$1.3M) paired with unproven economics creates severe downside risk
- 05MINORUnknown growth trajectory with single unit indicates stagnation or inability to scale; no growth pipeline communicated
Severity inferred from the FDD text · not a regulatory classification
FDD Items 5, 6, 12, 17 · continued from Risk & Legal
Contract & Territory Detail
Item 11
Training & Operations
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
4 numbers
One-time purchase · CSV download · Validation questions included
FDD download
STALK & SPADE · FDD (2022) PDF