Stricklands
Bottom line
- Total investment $340K – $596K including a $25K franchise fee, 6.0% ongoing royalty.
- No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
- Rated MODERATE with a risk score of 65/100.
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 Stricklands unit return on the cash you put in?
Unlevered ROIC · per unit
14%
Below typical band (30–60%)
Overview
About
Stricklands franchisees operate what appears to be a retail or service-based business model, though specific operations are not detailed in available data. Day-to-day activities likely involve inventory management, customer service, and sales operations within a protected territory. The business model generates reported net income averaging $406,684 annually, though operational specifics and revenue sources remain unclear.
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 · 5 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
Stricklands presents significant caution-level risk due to an extremely small unit base, undisclosed revenue metrics, questionable net income figures, and franchisor going concern issues that prevent meaningful due diligence.
Score breakdown · what drove the 65 / 100 rating
- 01MEDOnly 4 units in system with no historical growth data — extremely small franchise with limited track record and scaling proof
- 02MINORAverage net income of $406,684 appears inflated relative to $339,500-$596,000 investment range — suggests either cherry-picked data or unsustainable margins
- 03MINORNo average revenue disclosure despite net income provided — opacity on top-line performance prevents ROI validation and raises data integrity concerns
- 04HIGHGoing Concern status is FALSE — suggests potential financial instability or viability questions with the franchisor
- 05MEDFranchise fee of only $25,000 with high investment range ($339,500-$596,000) indicates bulk of capital goes to buildout with limited franchisor skin-in-the-game
- 06MINOR100% YoY unit growth mathematically meaningless with 4-unit system — could represent adding 1-2 units; insufficient data to demonstrate system viability
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
12 numbers
One-time purchase · CSV download · Validation questions included
FDD download
Stricklands · FDD (2025) PDF