FranchiseVerdict
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FV-02729·MODERATEExcellent86FDD 2022

TheHomeMag

Home Services - OtherFranchising since 2006Website
Investment
$199K – $349K
91st pct Other
Avg revenue
64th pct Other
Royalty
6.5%
34th pct Other
Units
63
58th pct Other
SBA default
0.0%
vs <3% typical

Bottom line

  • Total investment $199K – $349K including a $60K franchise fee, 6.5% ongoing royalty.
  • No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
  • Rated MODERATE with a risk score of 58/100. SBA loan default rate of 0.0% across 1 loans (below the industry average).
  • Auditor disclosed a going-concern note — flagged doubt about the franchisor's ability to continue operations. Verify against the latest FDD.

Item 1 · who you're contracting with

The Franchisor

Legal entity
THM MANAGEMENT, LLC
Parent company
Opportunity Leads International, LLC
Incorporated in
Florida
HQ
1732 SE 47th Terrace, Cape Coral, Florida 33904
Auditor
Noack & Company, LLC
Audited financials
Franchisor revenue
$5.6M
vs $4.8M prior year
⚠ Going-concern note
Disclosed in FDD 2022
Status as of 2022; may have been resolved in a later filing we don't yet have.

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 TheHomeMag 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: $199K–$349K
Working capital
$
FDD reports $143K–$220K

Unlevered ROIC · per unit

16%

Below typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$71K
EBITDA margin
9.5%
Total invested
$456K
Payback
77 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

TheHomeMag franchisees operate local home improvement and lifestyle media/publishing businesses, distributing magazines and digital content to target communities. Day-to-day operations include sales (advertising to local home service providers, contractors, retailers), content creation/curation, distribution logistics, and customer relationship management. Franchisees typically manage small teams and handle both B2B advertising sales and end-consumer magazine distribution.

CEO
Sean Campbell
Founded
2006
FDD year
2022
States available
21

Item 7 · what it costs

The Vitals

Total investment
$199K – $349K
All-in to open one unit
Liquid capital
$143K – $220K
Cash you must have on hand
Franchise fee
$60K
Royalty
6.5%
Gross Sales · typical 6–8%
Ad fund
n/d
Total fee load
6.5%
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
63
Opened
4
Last reporting year
Closed
0
Turnover rate
0.0%
Company-owned
21
Corporate units in the system
% franchised
67%
vs corporate-owned
Net growth (yr3)
+7.7%
Net unit change last year
3-yr CAGR
+7.7%
Compounded over last 3 years
2020
42+3
Franchised units
2021
39
Franchised units
2022
39
Franchised units

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

Item 20 · 21 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 · 21 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
1
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

58
Risk · 0-100
MODERATE58 / 100

TheHomeMag presents moderate-to-caution risk due to missing financial disclosures, sluggish unit growth, and prior litigation history, despite dismissed antitrust cases and protected territories.

Score breakdown · what drove the 58 / 100 rating

  1. 01MINORNo average revenue or net income disclosure (Item 19) prevents ROI validation and benchmarking against $199k-$349k investment
  2. 02MEDSlow unit growth of 7.7% YoY with only 63 locations suggests limited market traction or franchisee attrition
  3. 03MINORDual royalty structure (6.5% offline / 15% online) heavily penalizes digital revenue and creates complexity; online penalty may indicate system shift struggling
  4. 04MEDTwo Sherman Act and Lanham Act antitrust lawsuits (2019, 2021) indicate founder/franchisor competitive disputes, though dismissed favorably
  5. 05MEDThin investment range ($199k-$349k) with no disclosed profitability metrics creates blind spot for break-even and payback period analysis
  6. 06HIGHGoing concern status noted in FDD; requires verification of franchisor financial stability and debt load

Severity inferred from the FDD text · not a regulatory classification

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

Contract & Territory Detail

Territory
Household Count
Protected territory
Yes
Initial term
10 years
Renewal term
5 years
Online sales rights
Granted
Franchisor can compete
Yes
Hire a manager?
Allowed
Litigation count
2
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
Florida

Item 11

Training & Operations

Classroom training
16 hrs
On-the-job training
86 hrs
POS system
Magazine Manager (CRM)
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

25 numbers

Locked
(925) 418-••••
East Bay
CA
(952) 544-••••
Des Moines
IA
(401) 462-••••
RI

One-time purchase · CSV download · Validation questions included

FDD download

TheHomeMag · FDD (2022) PDF

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