Bottom line
- Total investment $101K – $147K including a $49K franchise fee, 8.0% ongoing royalty.
- No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
- Rated MODERATE with a risk score of 65/100.
- 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 The Seals unit return on the cash you put in?
Unlevered ROIC · per unit
60%
Above typical band (30–60%)
Overview
About
The Seals operates marine animal-related entertainment or educational facilities (likely seal encounters, shows, or experiences). Franchisees manage day-to-day operations including animal care, guest experiences, staff scheduling, marketing, and venue maintenance.
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 · 13 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
The Seals presents elevated risk due to going concern doubts, minimal scale, undisclosed financials, and lack of transparent performance data despite material franchise fees.
Score breakdown · what drove the 65 / 100 rating
- 01HIGHGoing Concern status is FALSE — franchisor may have financial viability issues
- 02MEDFinancial performance metrics (revenue and net income) completely undisclosed — impossible to validate unit economics
- 03MINOROnly 6 units system-wide — extremely small franchise network limits support infrastructure and brand recognition
- 04MINORAggressive 66.7% YoY unit growth from tiny base (likely 3-4 units last year) — may indicate unsustainable expansion or unreliable data
- 05MINORHigh franchise fee ($49,000) relative to total investment ($101,200-$147,300) means 33-48% of capital goes to franchisor upfront
- 06MINORNo Item 19 financial disclosures — franchisees cannot benchmark expected returns against other units
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
16 numbers
One-time purchase · CSV download · Validation questions included
FDD download
The Seals · FDD (2025) PDF