Sunbelt Business Brokers
Formerly known as Network Lead Exchange
Bottom line
- Total investment $61K – $115K including a $50K franchise fee, 4.0% ongoing royalty.
- No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
- Rated STRONG with a risk score of 51/100. SBA loan default rate of 0.0% across 12 loans (below the industry average).
- 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 Sunbelt Business Brokers unit return on the cash you put in?
Unlevered ROIC · per unit
102%
Above typical band (30–60%)
Overview
About
Sunbelt Business Brokers franchisees operate as intermediaries facilitating the sale of small-to-mid-market businesses, earning commissions on successful transactions. Day-to-day work involves lead generation, client prospecting, business valuation, deal structuring, and negotiation between buyers and sellers. Revenue is entirely transaction-dependent with no recurring revenue model.
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 · 17 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.
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Sunbelt presents moderate-to-caution risk due to missing financial disclosure, unprotected territories, slow growth, and opaque fee structures that prevent meaningful ROI analysis before investment.
Score breakdown · what drove the 51 / 100 rating
- 01MEDNo average revenue or net income disclosed in FDD (Item 19) — impossible to assess ROI or validate $61-114k investment viability
- 02MINORUnprotected territory creates direct competition risk — multiple franchisees can operate in same area with no exclusivity
- 03MINORSlow unit growth (6.6% YoY) on 130-unit system suggests market saturation or franchisee dissatisfaction
- 04MINORHigh initial franchise fee ($49,500) represents 81% of minimum investment with no guaranteed performance metrics
- 05MED4% monthly royalty + undisclosed marketing fee structure lacks transparency on total cost of revenue
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
79 numbers
One-time purchase · CSV download · Validation questions included
FDD download
Sunbelt Business Brokers · FDD (2025) PDF