FranchiseVerdict
SVN logo
FV-02521·MODERATEStandard76

Svn

Real EstateFranchising since 2002Website
Investment
$37K – $124K
30th pct Real Estate
Avg revenue
32nd pct Real Estate
Royalty
7.0%
50th pct Real Estate
Units
115
57th pct Real Estate
SBA default
0.0%
vs <3% typical

Bottom line

  • Total investment $37K – $124K including a $30K franchise fee, 7.0% ongoing royalty.
  • No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
  • Rated MODERATE with a risk score of 56/100. SBA loan default rate of 0.0% across 26 loans (below the industry average).
  • System contracting at -16.7% CAGR over 3 years. Investigate whether closures are franchisor-driven (consolidation) or franchisee-driven (economics).

Item 1 · who you're contracting with

The Franchisor

Legal entity
SVN International PBC
Parent company
SVN International Corp. Employee Stock Ownership Trust
Incorporated in
Delaware
HQ
1309 Beacon Street, Suite 300, Brookline, Massachusetts 02446
Auditor
MRPR Group, P.C.
Audited financials
Franchisor revenue
$11.6M
vs $9.9M prior year

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 SVN unit return on the cash you put in?

Revenue · per unit, per year
$
Item 19 not disclosed — typing your own estimate
Franchisor take · royalty + ad fund
Royaltytyp 68%
%
Ad fundtyp 35%
%
Operating costs · category default: generic
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $37K–$124K
Working capital
$
FDD reports $4K–$44K

Unlevered ROIC · per unit

101%

Above typical band (30–60%)

0%30–60% Yale band80%
ROIC above 100% usually means the revenue figure is a system-wide aggregate or top-cohort number rather than a single-unit average. Verify the "Revenue · per unit" field against the brand's FDD Item 19 detail tables before relying on this output.

Store EBITDA · annual
$105K
EBITDA margin
14.0%
Total invested
$104K
Payback
12 mo
Unit-level only. A multi-unit portfolio gives up roughly 5–15% of this to shared services (corporate G&A) before reaching the ~10-unit break-even Yale describes.

Overview

About

SVN franchisees operate as commercial real estate advisory firms, generating revenue through brokerage commissions on property sales, leases, and consulting services. Day-to-day operations involve prospecting clients, managing client relationships, negotiating deals, and coordinating with a network of advisors. Revenue is highly commission-dependent with significant variability based on local market conditions and deal flow.

CEO
Lukas Krause
Founded
2001
FDD year
2026
States available
39

Item 7 · what it costs

The Vitals

Total investment
$37K – $124K
All-in to open one unit
Liquid capital
$4K – $44K
Cash you must have on hand
Franchise fee
$30K
Royalty
7.0%
Tiered percentage of Gross Receipts · typical 6–8%
Ad fund
2.0%
typical 3–5%
Total fee load
9.0%
vs 9–13% typical

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

Total units
115
Opened
4
Last reporting year
Closed
10
Turnover rate
8.7%
Company-owned
0
Corporate units in the system
% franchised
100%
vs corporate-owned
Net growth (yr3)
-5.0%
Net unit change last year
3-yr CAGR
-16.7%
Compounded over last 3 years
2024
115-6
Franchised units
2025
121
Franchised units
2026
138
Franchised units

Year-over-year franchised unit counts and net change. Source: FDD Item 20.

Item 20 · 35 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).

AK
ME
VT
NH
MA
RI
CT
NY
NJ
PA
DE
MD
DC
WA
OR
CA
NV
ID
MT
WY
UT
CO
AZ
NM
ND
SD
NE
KS
OK
TX
MN
IA
MO
AR
LA
WI
IL
MS
TN
MI
IN
KY
AL
OH
WV
GA
VA
NC
SC
FL
HI
Registered · 35 states
Not registered

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.

Total loans
26
Loan volume
Avg loan
Default rate
0.0%
vs <3% typical · system-wide
5-yr default

FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17

Risk & Legal

56
Risk · 0-100
MODERATE56 / 100

Declining unit base, missing financial transparency, recent exclusivity litigation, and unprotected territory create meaningful risks for new franchisees entering a contracting commercial real estate network.

Score breakdown · what drove the 56 / 100 rating

  1. 01MEDUnit count declined 5.0% YoY (115 units), indicating system contraction and potential market saturation or franchisee dissatisfaction
  2. 02MEDNo average revenue or net income disclosure (missing Item 19) prevents ROI validation and obscures true profitability potential
  3. 03HIGHRecent litigation (2021) over territorial exclusivity and advisor poaching suggests franchisor enforcement issues and competitive vulnerability
  4. 04MINORUnprotected territory creates direct competition risk from other SVN franchisees in same geographic area
  5. 05HIGHGoing Concern = False is ambiguous; clarify if this means no going concern issues exist or if disclosure is incomplete
  6. 06MINORRoyalty structure (7%-3% tiered) could compress margins significantly at lower revenue thresholds common in early-stage units

Severity inferred from the FDD text · not a regulatory classification

FDD Items 5, 6, 12, 17 · continued from Risk & Legal

Contract & Territory Detail

Territory
Primary Market Area
Protected territory
No
Initial term
5 years
Renewal term
5 years
Online sales rights
Granted
Franchisor can compete
Yes
Hire a manager?
Allowed
Litigation count
1
Right of first refusal
Yes
Franchisor can buy back on resale
Mandatory arbitration
Yes
Jury trial waiver
Yes
Owner-operator
Required
Governing law
Massachusetts

Item 11

Training & Operations

Classroom training
24 hrs
On-the-job training
0 hrs
POS system
SVN Dashboard / Buildout
Operating tech stack

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

94 numbers

Locked
(817) 640-••••
TX
(386) 547-••••
FL
(843) 837-••••
SC

One-time purchase · CSV download · Validation questions included

FDD download

SVN · FDD (2026) PDF

Single-page checkout · instant download · CSV export of contacts available separately above