FranchiseVerdict
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B59/100FDD 2024

Tank Rangers RV Tank Service — Litigation & Risk

Cleaning - Commercial & Janitorial · FDD Items 3, 4 & 5

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Lower Risk

No litigation cases disclosed in FDD Items 3 and 4.

Source: FDD Items 3–5

FDD Items 3 & 4

Litigation Metrics

Cases disclosed
0
Total from FDD Items 3 and 4
Bankruptcy (Item 4)
—
Franchisor or officer bankruptcy
Overall risk score
59 / 100
FranchiseVerdict composite
Rating
MODERATE
STRONG / MODERATE / CAUTION / AVOID

FDD Items 5, 6 & 17 — what you give up

Contract Risk Indicators

Mandatory arbitration
Required
Disputes resolved outside court — limits your legal options
Jury trial waiver
Waived
You give up the right to a jury trial
Non-compete
2 yrs
Post-termination restriction on similar businesses
Franchisor can compete
Yes
Franchisor can open competing locations in or near your territory
Right of first refusal
Yes
Franchisor can match any purchase offer when you try to sell
Governing law
Florida
State whose law governs disputes — relevant if you're not based there

What drove the 59/100 rating

Risk Score Breakdown

  1. 01MINORNo Item 19 financial performance disclosure (avg revenue/net income unknown) prevents ROI validation against $23,280-$26,000 investment
  2. 02MINORAmbiguous royalty structure ($750 vs $450 flat fee monthly) suggests unclear or recently modified compensation model
  3. 03MINOROnly 33 total units with unknown growth trajectory indicates small, potentially stagnant system
  4. 04HIGHGoing Concern = False is contradictory/unclear — requires clarification on franchisor financial viability
  5. 05MINORHigh franchise fee ($19,700) relative to total investment (85%) leaves minimal working capital for equipment/operations
  6. 06MINOR5-year term is shorter than industry standard, creating renewal uncertainty and high churn risk

Severity inferred from FDD text — not a regulatory or legal classification

Litigation data from FDD Items 3, 4, and 5. SBA data from public 7(a) FOIA records (FY2020–present). Not legal advice — consult a franchise attorney before signing any franchise agreement.