FranchiseVerdict
TEGG Service logo
FV-02577·MODERATEExcellent81

TEGG Service

Home Services - Plumbing & HVACFranchising since 2012Website
Investment
$96K – $225K
25th pct Plumbing & HV…
Avg revenue
63rd pct Plumbing & HV…
Royalty
Units
47
46th pct Plumbing & HV…
SBA default
0.0%
vs <3% typical

Bottom line

  • Total investment $96K – $225K including a $75K franchise fee.
  • No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
  • Rated MODERATE with a risk score of 59/100. SBA loan default rate of 0.0% across 2 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

Legal entity
ABM Franchising Group, LLC
Parent company
ABM Industries Incorporated
Incorporated in
Delaware
HQ
501 Technology Drive, Suite 3000, Canonsburg, Pennsylvania 15317
Auditor
KPMG LLP
Audited financials
Franchisor revenue
$7.8B
vs $8.1B 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 TEGG Service 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: restoration
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $96K–$225K
Working capital
$
Item 7 didn't break this out — defaulted to ~10% of annual revenue

Unlevered ROIC · per unit

47%

In Yale's "attractive" band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$75K
EBITDA margin
10.0%
Total invested
$161K
Payback
26 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

TEGG Service appears to be a service-based franchise (likely technology, consulting, or maintenance services based on naming convention). Franchisees likely manage day-to-day client service delivery, scheduling, quality control, and local sales/marketing while operating under the TEGG brand standards and paying 2.5-4.5% royalties on gross revenues.

CEO
Bruce Phibbs
Founded
2003
FDD year
2024
States available
27

Item 7 · what it costs

The Vitals

Total investment
$96K – $225K
All-in to open one unit
Liquid capital
$0 – $0
Cash you must have on hand
Franchise fee
$75K
Royalty
Between 2.5% and 4.5% of Gross Revenues
Ad fund
n/d
Total fee load
2.5%
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
47
Opened
11
Last reporting year
Closed
2
Turnover rate
4.3%
Company-owned
0
Corporate units in the system
% franchised
100%
vs corporate-owned
Multi-unit owners
8.3%
Net growth (yr3)
+23.7%
Net unit change last year
3-yr CAGR
+14.6%
Compounded over last 3 years
2022
47+9
Franchised units
2023
38
Franchised units
2024
41
Franchised units

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

Item 20 · 25 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 · 25 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
2
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

59
Risk · 0-100
MODERATE59 / 100

TEGG Service presents a cautionary risk profile due to complete lack of financial performance disclosure, modest system size, and high entry cost relative to unknown earning potential.

Score breakdown · what drove the 59 / 100 rating

  1. 01MINORNo average revenue or net income disclosure (Item 19) limits ability to assess ROI and profitability
  2. 02MINORHigh initial investment ($96K-$225K) paired with unknown earnings creates significant financial uncertainty
  3. 03MEDRelatively small franchise system (47 units) with modest growth rate (23.7% YoY) suggests limited brand recognition and market validation
  4. 04HIGHNo disclosed going concern issues, but absence of financial data raises transparency concerns
  5. 05MED6-year term is shorter than typical, potentially indicating franchisor caution about long-term viability

Severity inferred from the FDD text · not a regulatory classification

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

Contract & Territory Detail

Territory
County/Street Boundaries
Protected territory
Yes
Initial term
6 years
Renewal term
6 years
Online sales rights
Granted
Franchisor can compete
Yes
Hire a manager?
Allowed
Litigation count
0
Right of first refusal
Yes
Franchisor can buy back on resale
Mandatory arbitration
Yes
Jury trial waiver
Yes
Non-compete
1 yrs
Post-termination restriction
Owner-operator
Optional
Governing law
Pennsylvania

Item 11

Training & Operations

Classroom training
117 hrs
On-the-job training
64 hrs
POS system
TEGGPro
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

46 numbers

Locked
(724) 873-••••
The franchisor is ABM Franchising Group, LLC, located at
PA
(610) 832-••••
PA
(520) 623-••••
AZ

One-time purchase · CSV download · Validation questions included

FDD download

TEGG Service · FDD (2024) PDF

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