Bottom line
- Total investment $8K – $11K including a $5K franchise fee, 10.0% ongoing royalty.
- No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
- Rated CAUTION with a risk score of 72/100.
- 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 TAPinto unit return on the cash you put in?
Unlevered ROIC · per unit
958%
Above typical band (30–60%)
Overview
About
TAPinto franchisees operate local news/community content platforms, aggregating and publishing hyper-local information for specific geographic areas. Day-to-day work involves content curation, community engagement, advertising sales to local businesses, and managing a digital publishing platform to monetize neighborhood-level news and events.
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 · 3 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
TAPinto presents HIGH RISK due to missing financial disclosures, going concern uncertainty, unprotected territory, and unknown unit growth — fundamentals needed to evaluate this micro-franchise are unavailable.
Score breakdown · what drove the 72 / 100 rating
- 01MINORNo average revenue or net income disclosure (Item 19) — impossible to assess ROI on $7,775-$11,325 investment
- 02HIGHGoing Concern status is FALSE — indicates potential financial viability issues at corporate level
- 03MINORUnit count of 102 with unknown growth trajectory — suggests possible contraction or stagnation
- 04MINORNo protected territory — franchisees compete directly with each other and brand expansion
- 05MINORLow initial investment ($5k-$11k) with 10% royalty may indicate low-barrier, high-churn model
- 06MINOR4-year term is shorter than industry standard (5-10 years) — higher renewal risk and instability
- 07HIGHNo litigation disclosure doesn't mean zero disputes — absence of evidence is not evidence of absence
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
59 numbers
One-time purchase · CSV download · Validation questions included
FDD download
TAPinto · FDD (2025) PDF