Bottom line
- Total investment $240K – $450K including a $50K franchise fee, 6.0% ongoing royalty.
- Average unit revenue of $816K/year (median $743K). Estimated payback in 1.7 years.
- Rated STRONG with a risk score of 42/100. SBA loan default rate of 0.0% across 160 loans (below the industry average).
- System growing at 37.6% CAGR over 3 years with 139 total units — strong expansion trajectory.
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 Tint World unit return on the cash you put in?
Unlevered ROIC · per unit
28%
Below typical band (30–60%)
Levered LBO scenario · Yale Crease Capital framing
What would 25 Tint World units return on equity?
Equity IRR · 5-yr
49.9%
7.57× MOIC
Year-1 DSCR
1.88×
EBITDA ÷ debt service
Equity required
$980K
on $4.9M purchase
Total debt
$3.9M
SBA $2.4M + senior + seller note
Overview
About
Tint World franchisees operate automotive window tinting, paint protection, and vehicle customization shops. Day-to-day operations include applying window film and protective coatings to vehicles, managing technician teams, handling customer acquisition and retention, inventory management of films and chemicals, and managing the lease/storefront location.
Item 7 · what it costs
The Vitals
Item 19
Financial Performance
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.
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Moderate-to-caution risk profile: solid unit economics masked by governance red flags, affiliate litigation history, aggressive minimum royalties, and unvalidated financial claims across a maturing 139-unit system.
Score breakdown · what drove the 42 / 100 rating
- 01HIGHCEO litigation history and affiliate franchise registration violations signal compliance and governance concerns
- 02MINORMinimum royalty of $500/week ($26,000 annually) creates cash flow pressure on lower-performing units, especially concerning given 10.3% YoY growth suggests system maturation or saturation
- 03HIGHLitigation disclosures include multiple settlement orders across affiliated franchise systems (TMA, Soccer Shots) for registration and no-poach violations, indicating systemic legal/operational issues
- 04MINORAverage net income of $208,526 against $239,950-$449,950 investment range yields only 46-87% ROI annually, with no Item 19 financials to validate consistency across unit performance
- 05HIGH15-year term with front-loaded $49,950 franchise fee limits flexibility; absence of going concern status and vague litigation timeline create exit uncertainty
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
99 numbers
One-time purchase · CSV download · Validation questions included
FDD download
Tint World · FDD (2025) PDF