Bottom line
- Total investment $166K – $438K including a $55K franchise fee, 7.5% ongoing royalty.
- Average unit revenue of $401K/year. Estimated payback in 3.4 years.
- Rated MODERATE with a risk score of 65/100.
- Emerging franchise — only 3 years of franchising with 5 units. Early-stage systems carry higher risk but may offer better territory availability.
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 STORsquare unit return on the cash you put in?
Unlevered ROIC · per unit
16%
Below typical band (30–60%)
Levered LBO scenario · Yale Crease Capital framing
What would 25 STORsquare units return on equity?
Equity IRR · 5-yr
49.9%
7.57× MOIC
Year-1 DSCR
1.88×
EBITDA ÷ debt service
Equity required
$522K
on $2.6M purchase
Total debt
$2.1M
SBA $1.3M + senior + seller note
Overview
About
STORsquare franchisees operate self-storage facilities or related storage solutions, managing tenant relationships, facility maintenance, and occupancy optimization. Day-to-day operations include tenant acquisition, rent collection, property management, and customer service across a protected territory.
Item 7 · what it costs
The Vitals
Item 19
Financial Performance
Item 20 · unit dynamics
The Growth Chart
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 12 · 4 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.
4
states with franchisees (per FDD Item 12)
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
Early-stage franchise with insufficient unit density, undisclosed financials, franchisor going concern issues, and unproven unit economics create material risk for franchisee capital loss.
Score breakdown · what drove the 65 / 100 rating
- 01MINOROnly 5 units in system with unknown growth trajectory suggests early-stage or stagnant franchise with minimal proven scalability
- 02MEDNo Item 19 financial performance representation disclosed — cannot verify if $88,219 average net income is accurate or achievable
- 03HIGHGoing Concern status is False, indicating potential financial instability at franchisor level that could impact support and viability
- 04MEDHigh investment range ($166k–$438k) against only 5 existing units creates survivorship bias risk and limited peer validation
- 05MINOR7.5% royalty on $401k average revenue equals ~$30k annual royalty with unclear franchisor sustainability at this unit count
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
1 numbers
One-time purchase · CSV download · Validation questions included
FDD download
STORsquare · FDD (2025) PDF