FranchiseVerdict
The Pineapple School logo
FV-02692·MODERATEExcellent95

The Pineapple School

Education - Children's ProgramsFranchising since 2024Website
Investment
$666K – $8.0M
76th pct Children's Pr…
Avg revenue
$3.1M
67th pct Children's Pr…
Royalty
7.0%
29th pct Children's Pr…
Units
3
20th pct Children's Pr…
SBA default

Bottom line

  • Total investment $666K – $8.0M including a $65K franchise fee, 7.0% ongoing royalty.
  • Average unit revenue of $3.1M/year (median $3.2M). Estimated payback in 6.1 years.
  • Rated MODERATE with a risk score of 65/100.
  • Emerging franchise — only 2 years of franchising with 3 units. Early-stage systems carry higher risk but may offer better territory availability.

Item 1 · who you're contracting with

The Franchisor

Legal entity
The Pineapple School Franchising LLC
Incorporated in
Texas
HQ
12222 Huebner Road, San Antonio, Texas 78230
Auditor
Metwally CPA PLLC
Audited financials

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 The Pineapple School unit return on the cash you put in?

Revenue · per unit, per year
$
FDD Item 19 reports $3,100,274
Franchisor take · royalty + ad fund
Royaltytyp 68%
%
Ad fundtyp 35%
%
Operating costs · category default: education
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $666K–$8.0M
Working capital
$
FDD reports $215K–$275K

Unlevered ROIC · per unit

10%

Below typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$434K
EBITDA margin
14.0%
Total invested
$4.6M
Payback
126 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.

Levered LBO scenario · Yale Crease Capital framing

What would 25 The Pineapple School units return on equity?

Edit assumptions

Equity IRR · 5-yr

28.6%

3.51× MOIC

Year-1 DSCR

2.84×

EBITDA ÷ debt service

Equity required

$10.2M

on $21.7M purchase

Total debt

$11.5M

SBA $5.0M + senior + seller note

SBA 7(a) request ($10.9M) exceeds the $5M program cap. Excess capped automatically; backfill via conventional or equity.

Overview

About

The Pineapple School franchisees operate early childhood education centers, managing daily classroom operations, curriculum delivery, staff hiring/training, and parent relations. Franchisees handle enrollment, facility management, compliance with education regulations, and execution of the brand's educational methodology across their protected territory.

CEO
Krisana Puccio
Founded
2023
FDD year
2025
States available
1

Item 7 · what it costs

The Vitals

Total investment
$666K – $8.0M
All-in to open one unit
Liquid capital
$215K – $275K
Cash you must have on hand
Franchise fee
$65K
Royalty
7.0%
Gross Sales · typical 6–8%
Ad fund
2.0%
typical 3–5%
Total fee load
9.0%
vs 9–13% typical
Payback period
6.1 yrs
From v3 / Item 19

Item 19

Financial Performance

Avg gross sales
$3.1M
Per unit, per year
Median gross sales
$3.2M
Item 19 type
Average
Sample size
3 units
vs category median 16 · small
Range (low → high)
$2.5M$3.6M
Cohort dispersion
Transparency
10 / 5
vs category median 4 / 5 · above
Revenue rank67th
vs Education - Children's Programs peers
Investment cost rank76th
Lower investment ranks lower (better)
Royalty rate rank29th
Lower royalty = lower percentile (better)
Unit count rank20th
vs Education - Children's Programs peers
Risk score rank71th
Lower risk = lower percentile (better)

Item 20 · unit dynamics

The Growth Chart

Total units
3
Opened
0
Last reporting year
Closed
0
Turnover rate
0.0%
Company-owned
3
Corporate units in the system
% franchised
0%
vs corporate-owned
2023
0±0
Franchised units
2024
0
Franchised units
2025
0
Franchised units

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

Item 12 · 1 state reported

The Territory Map

FDD Item 12 reports the state count, but the specific list isn't in our current data. The map will appear once we re-extract from the FDD or enough franchisee contacts are available.

1

states with franchisees (per FDD Item 12)

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

65
Risk · 0-100
MODERATE65 / 100

Early-stage educational franchise with minimal unit count, undisclosed growth, franchisor financial concerns, and unvalidated unit economics creates elevated risk despite moderate profitability claims.

Score breakdown · what drove the 65 / 100 rating

  1. 01MINOROnly 3 units with unknown growth trajectory suggests nascent/stalled system expansion
  2. 02HIGHGoing Concern = False indicates potential financial instability at franchisor level
  3. 03MINORMassive investment range ($665K-$8M) with only 3 comps creates unpredictable ROI modeling
  4. 04MINORNo Item 19 (financial performance) disclosure limits ability to validate $710K avg net income claim
  5. 05MINOR7% royalty on $3.1M avg revenue = $217K annual ongoing cost with unproven unit economics at scale

Severity inferred from the FDD text · not a regulatory classification

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

Contract & Territory Detail

Territory
Radius/Population
Protected territory
Yes
Initial term
10 years
Renewal term
10 years
Online sales rights
Restricted
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
2 yrs
Post-termination restriction
Owner-operator
Required
Governing law
Texas

Item 11

Training & Operations

Classroom training
32 hrs
On-the-job training
88 hrs
POS system
Procare
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

1 numbers

Locked
(210) 776-••••
TX

One-time purchase · CSV download · Validation questions included

FDD download

The Pineapple School · FDD (2025) PDF

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