Transworld Business Advisors Franchise Cost, Revenue & Review 2026
Data from FDD filing + SBA 7(a) records
Analysis by FranchiseVerdict Research · Methodology
Transworld Business Advisors is a business-brokerage franchise that helps people buy and sell small and mid-size businesses and franchises. Franchisees run an advisory office valuing businesses, sourcing buyers and sellers, and earning commissions on completed deals.
FranchiseVerdict summary · 2026
A Transworld Business Advisors franchise requires a total initial investment of $114K – $144K, including a $70K franchise fee. Per the 2026 FDD, average unit revenue was $751K[2]. SBA 7(a) loans show a 0.0% charge-off rate across 20 loans[1]. FranchiseVerdict grade: A (Strongest tier), an editorial assessment, not investment advice. Run a live ROI scan →
Data last verified · figures per the 2026 FDD issuance
Overview
- Investment
- $114K – $144K
- 68th pct Real Estate
- Avg gross sales
- $751K
- 11th pct Real Estate
- Royalty
- N/A
- Units
- 467
- 81st pct Real Estate
- SBA charge-off
- 0.0%
- % of SBA 7(a) loans not repaid · median varies by category
Quick verdict · Real Estate · color = vs category peers
Green = favorable by >10% vs Real Estate avg · No shading = within ±10% · Red = unfavorable by >10% · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
Bottom line
- COSTTotal investment $114K – $144K including a $70K franchise fee.
- RETURNSAverage unit revenue of $751K/year (median $302K).
- RISKVerdict A (Strongest tier), verdict score 100/100 (higher is better). SBA loan charge-off rate of 0.0% across 20 loans (well below the franchise average, based on all SBA 7(a) franchise lending, 2010–2025).
Item 1 · who you're contracting with
The Franchisor
Corporate structure & franchisor financials
- Legal entity
- Transworld Business Advisors, LLC
- Parent company
- UFG Synergies, LLC
- Ultimate parent
- United Franchise Group
- Predecessor
- FranchiseMart, LLC and Biz1Brokers, Inc.
- Prior franchisor entity
- CEO title
- Chief Executive Officer
- Ray Titus
- Incorporated in
- Florida
- HQ
- 2121 Vista Parkway, West Palm Beach, FL 33411
- Auditor
- Milbery & Kesselman, CPAs, LLC
- Audited financials
- Franchisor revenue
- $9.6M
- vs $12.4M prior year
- Management churn noted
- Frequent turnover
- Item 2 disclosed frequent executive changes
Overview
About
- CEO
- Ray Titus
- Headquarters
- FL
- Founded
- 2010
- FDD year
- 2026
- States available
- 50
Can you afford it, and what does the money buy?
Entry cost runs 40% below the typical real estate franchise.
Source: FDD 2026 · Items 5–7
FDD Item 7 · 2026 filing
Initial investment breakdown
| Cost component | Low | High |
|---|---|---|
| Initial franchise fee | $70K | $70K |
| Working capital (3–6 mo) | $7K | $18K |
| Equipment, build-out, other | $38K | $56K |
| Total initial investment | $114K | $144K |
Source: Transworld Business Advisors 2026 FDD, Items 5 and 7[2]. “Equipment, build-out, other” is computed as total minus disclosed line items above.
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $114K – $144K
- Bottom third — review vs category
- Liquid capital req'd
- $7K – $18K
- Top 40% of category vs category
- Franchise fee
- $70K – $70K
- Bottom third — review vs category
- Royalty
- Greater of Monthly Minimum ($500-$1000) or 10% of Gross R…
- Ad fund
- 1.0%
- typical 3–5%
- Total fee load
- 11.0%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty (flat) | greater of Monthly Minimum Royalty Fee ($500 months 1-12, $1,000 thereafter) or 10% up to $750,000, 9% up to $1,500,000, 8% over $1,500,000 |
| Marketing / ad fund | 1.0% of gross sales |
| Technology fee | $230 |
| Training fee | $595 |
| Transfer fee | $40K |
| Renewal fee | $6K |
| Total fee load | 11.0% of rev |
What do units actually make?
Average unit sales run 50% below the real estate norm.
Source: FDD 2026 · Item 19
Single-unit · estimated
Returns at a glance
Indicative numbers using FDD Item 7 / Item 19 inputs and category-benchmarked cost ratios. Full single-unit, 25-unit portfolio, and LBO models (with every input editable to stress-test your own scenario) live on the financials page.
Store EBITDA · annual
$120K
16.0% margin
Unlevered ROIC
85%
EBITDA / total invested capital
Payback
14 mo
cash-on-cash, unlevered
ROI & LBO modelsSingle-unit · 25-unit portfolio · editable
What one unit earns on your invested capital
Model A · Single-Unit Return
Computes unlevered return on invested capital (ROIC) for a single franchise unit. The target band for an attractive franchise is 30–60% ROIC. Below that and a passive index fund likely outperforms; above that and the franchisor has pricing power you're subsidizing.
Note: Item 19 revenue is what the franchisor discloses. It's the top line only. Operating costs below are category estimates. Override them to match your real lease quote, labor market, and build-out budget.
Returns model · single-unit ROIC
What would one Transworld Business Advisors unit return on the cash you put in?
Unlevered ROIC · per unit
Estimated return on your total franchise investment, before any debt financing.
85%
Above the 30–60% band. Verify revenue is per-unit average
What 25 units return when you use SBA financing
Model B · Return on Equity: Debt-Financed Acquisition
Models a 25-unit portfolio acquisition financed with an SBA 7(a) loan. Shows equity IRR (your return on cash invested), DSCR (how safely the cash flow covers debt service), and the capital stack (SBA + seller + equity breakdown).
This is the “search fund” or “entrepreneurship through acquisition” scenario: you buy an existing multi-unit operator, use leverage to amplify returns, and either operate or hire management. The 25-unit size is the typical minimum for an SBA-backed franchise portfolio acquisition to pencil as a full-time income.
What “return on equity” means here: if you put in $500K of your own cash and the business generates enough EBITDA to pay down debt and grow, your equity IRR is the annual return on that $500K, including the value created when you eventually sell. Target IRR for a search fund is typically 25–35%.
Levered LBO scenario · Yale Crease Capital framing
What would 25 Transworld Business Advisors units return on equity?
Equity IRR · 5-yr
49.9%
7.57× MOIC
Year-1 DSCR
1.88×
EBITDA ÷ debt service
Equity required
$1.4M
on $6.8M purchase
Total debt
$5.4M
SBA $3.4M + senior + seller note
These models are for research and scenario planning only. Not investment advice. Actual results depend on your specific location, management, and market conditions. Consult a franchise attorney and accountant before signing any franchise agreement.
Item 19 · Source: 2026 FDD
Financial Performance
- Avg gross sales
- $751K
- Per unit, per year
- Median gross sales
- $302K
Gross sales are revenue before expenses — not profit. Actual owner earnings depend on rent, labor, royalties, marketing fees, and debt service.
- Item 19 type
- historical average Gross Revenues by tercile, with franchisee-only and combined (with affiliate) tables
- Sample size
- 108 franchisees
- vs category median 64
- Range (low → high)
- $6K→$16.7M
- Cohort dispersion (min → max)
- Quartile band
- $73K→$1.9M
- Bottom 25% → top 25%
- Reporting year
- 2025
- Fiscal year the figures cover
- Source filing
- FDD 2026
- Disclosed in the 2026 filing, covering 2025
- Transparency
- 4 / 10
- vs category median 0 / 10 · above
Compared against 101 Real Estate brands
Revenue is 5.8x the investment midpoint. At typical franchise margins, this suggests a payback under 3 years.
Operator outlook
What the numbers say
Data-driven interpretation of this brand's financial disclosures, fee structure, and system trajectory.
Unit economics
Average unit generates $751K/year in gross sales. Median is $302K — top performers pull the average up, so a typical unit earns less. Revenue-to-investment ratio: 5.8x.
Fee burden
Total ongoing fee load of 11.0% — above the Real Estate average of 9.1%.
Disclosure
Transparency score 4/10 — this franchisor discloses detailed breakdowns (quartiles, segments, or cohort data). Buyers can model unit economics with higher confidence.
Operator retention
System expanding at 5.9% CAGR over 3 years across 467 units — operators are staying and new ones are joining.
Multi-unit rate
Only 1% of franchisees own multiple units. Could indicate challenging economics or a young system where operators haven't had time to expand.
Source: FDD Item 19 financial performance representations and publicly filed FDD data. Past performance is not indicative of future results. Verify all figures with the franchisor and current franchisees before making any investment decision.
vs Real Estate averages
How Transworld Business Advisors Compares
Is the system healthy?
Source: FDD 2026 · Item 20
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 467
- Opened
- 30
- Last reporting year
- Closed
- 0
- Terminated
- 18
- Franchisor ended the franchise (per Item 20)
- Non-renewed
- 0
- Term expired, not renewed (per Item 20)
- Turnover rate
- 3.9%
- Company-owned
- 1
- Corporate units in the system
- % franchised
- 100%
- vs corporate-owned
- Multi-unit owners
- 1.0%
- Net growth (3-yr)
- +5.9%
- Net unit change over 3 years
- 3-yr CAGR
- +5.9%
- Compounded over last 3 years
3-year detail · Item 20
- Opened (3yr)
- 30
- Closed (3yr)
- 0
- Terminated (3yr)
- 18
- Non-renewed (3yr)
- 0
- Transfers (3yr)
- 20
- Reacquired (3yr)
- 0
- Franchisor bought back
- Transfer rate
- 4.3%
- Owners selling to other franchisees
- Continuity rate
- 96.3%
- Units that stayed open
- Termination rate
- 3.8%
- Franchisor-initiated terminations
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 46 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 contact records (FDD Item 20). Shows states with at least one current operator on file. Full state registration data (Item 12) will appear on a future FDD refresh.
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA 7(a) and 504 loan disclosures, public data unique to FranchiseVerdict.
- Total loans
- 20
- Loan volume
- $4.2M
- Median loan
- $87K
- 50th percentile
- Charge-off rate
- 0.0%
- rates vary by category · see methodology
Historical SBA 7(a) lending data, not predictive of future performance. How SBA charge-off rates are calculated
- Repayment rate (PIF)
- 100.0%
- 5-yr charge-off
- 0.0%
- Loans approved 2021+
- Active lenders
- 13
- Defaults
- 0
- Typical loan rate
- 7.6%
- avg rate to borrowers
- Franchised industry avg
- 12.7%
- brand beats franchise avg ↓
- Jobs supported
- 61
- 1.7 per loan
- Lender concentration
- 18%
- top lender's share
Borrower mix: 53% went to startups / new businesses, 47% to established operators
Franchise vs independent — in all other professional, scientific, and technica, franchised businesses charge off at 12.7% vs 13.1% for independents — franchising is associated with 3% lower SBA default risk in this category.
Top lenders financing Transworld Business Advisors franchisees
Showing 3 of 13 lenders. The full breakdown — every lender, state distribution, interest rates & risk ratings — is in the SBA Lending Report below.
Explore lender portfolios on Bank Reports or regional data on State Reports.
Premium insight
SBA Lending Report
Deep-dive into Transworld Business Advisors's SBA lending history: lender network, geographic footprint, interest rates, and more.
SBA Lending Report
- Principal loss rate and NAICS industry benchmark
- 10 lenders with concentration factor
- Per-state charge-off rates across 13 states
- Startup risk premium and job creation velocity
- 7-year lending trend
- SBA 504 real estate/equipment data
Instant access. No subscription.
With a 0.0% charge-off rate across 20 loans, banks have historically viewed this brand favorably for lending.
What could kill this investment?
SBA loans charge off at 0.0% — 100% below the 16.0% national norm, i.e. lower lender-observed risk.
Source: SBA 7(a) FOIA · FDD Items 3, 21
Risk analysis
FranchiseVerdict rating + FDD Items 3, 4, 8, 16, 21
Risk & Legal
Franchisor is clean on its own operations: 0 litigation, no bankruptcy, positive net worth $635,727, net income $401,003, audited financials, Item 19 disclosed, 467 units growing 5.9%. The only concern is a history of FTC/state consent orders (1998 FTC injunction, 2021/2022 CA orders) involving affiliated brands Signarama and Great Greek.
Litigation (Item 3)
FTC v. Minuteman Press International, Inc. and Speedy Sign-A-Rama, USA, Inc. (CV 93-2496) filed June 4, 1993 in Eastern District of New York regarding false earnings representations and disclosure violations. Injunction filed December 18, 1998. Signarama consent order with Maryland Securities Commissioner in January 1996.
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · Milbery & Kesselman, CPAs, LLC
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Supplier relationship · Items 8 & 16
- Franchisor sells you products: Yes
- Kickbacks from required suppliers: No
- Must buy proprietary products: Yes
- Restricted to system-approved products: Yes
- Can negotiate own supplier terms: No
Score breakdown · what drove the 100 / 100 verdict
- 01MINORAffiliate regulatory history: FTC injunction 1998, MD 1996, CA 2021/2022 consent orders for affiliates
- 02MINOROtherwise clean: 0 litigation, positive net worth $635,727, net income $401,003, audited, Item 19 present, 467 units +5.9%
Severity inferred from the FDD text · not a regulatory classification
What are you signing up for?
Ongoing fees run about 11.0% of sales (royalty + ad fund), before rent and labor.
Source: FDD 2026 · Items 11, 12, 17
FDD Items 12, 15, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 35 years |
|---|---|
| Renewal term | 35 years |
| Allowed renewalsℹ | 1 |
| Territory type | Designated Marketing Area (DMA) |
| Protected territory | Yes |
| Exclusive territoryℹ | Yes |
| Online sales rightsℹ | Granted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Required |
| Non-compete (years)ℹ | 3 years |
| Non-compete (miles)ℹ | 10 mi |
| Right of first refusalℹ | Yes |
| Transfer requires consent | Yes |
| Termination notice | 15 days |
| Mandatory arbitration | Yes |
| Arbitration location | Palm Beach County, Florida |
| Jury trial waiver | Yes |
| Governing law | Florida |
| Litigation count | 4 |
View Item 3 litigation summary
FTC v. Minuteman Press International, Inc. and Speedy Sign-A-Rama, USA, Inc. (CV 93-2496) filed June 4, 1993 in Eastern District of New York regarding false earnings representations and disclosure violations. Injunction filed December 18, 1998. Signarama consent order with Maryland Securities Commissioner in January 1996.
Items 10, 11
Training & Operations
- Classroom training
- 67 hrs
- On-the-job training
- 30 hrs
- Training location
- West Palm Beach, Florida and franchisee location
- Ongoing training
- Required
- Field support
- 32 hrs/yr
- On-site visits per year
- POS system
- Sydney 3.0
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: Sydney 3.0
Item 20 · call current owners
Franchisee Contacts
190 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
Transworld Business Advisors · FDD (2026) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a Transworld Business Advisors franchise?
The total investment to open a Transworld Business Advisors franchise ranges from $114K – $144K, with an initial franchise fee of $70K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do Transworld Business Advisors franchise owners earn?
According to Item 19 of the Transworld Business Advisors FDD, the average gross sales per unit is $751K. The median is $302K. Note: this is gross revenue, not profit. Actual owner earnings vary based on location, operating costs, and management.
What is Item 19 in the Transworld Business Advisors FDD?
The FDD section where a franchisor may disclose financial performance of its outlets. Disclosure is optional and formats vary; figures are typically gross sales, which is revenue before expenses, not profit. FranchiseVerdict extracts these figures directly from the Transworld Business Advisors FDD and qualifies whose outlets they describe.
What is Transworld Business Advisors's franchise failure rate?
Based on SBA 7(a) loan data, Transworld Business Advisors has a charge-off rate of 0.0% across 20 loans, meaning 0.0% of franchise loans were charged off. Charge-off rates are one proxy for franchise risk, though they do not capture all closures. This data comes from FOIA-sourced SBA lending records.
How many Transworld Business Advisors franchise locations are there?
As of their most recent FDD filing, Transworld Business Advisors has 467 total units in the United States, including 466 franchised units and 1 company-owned units. 30 new units were opened in the latest reporting year.
Is Transworld Business Advisors a good franchise to buy?
FranchiseVerdict rates Transworld Business Advisors as a A-grade franchise with a verdict score of 100 out of 100 (higher is better), based on our analysis of investment costs, revenue data, SBA loan performance, and growth trends. Our rating is based solely on publicly available FDD and government data; we recommend speaking with current franchisees before making any investment decision. This is not investment advice.
Data sourced from public FDD filings and SBA 7(a) FOIA records. Not financial advice.
For franchisors
Are you the franchisor?
If you represent Transworld Business Advisors, you can request corrections or provide updated information.
Other Real Estate franchises
Compare similar franchise opportunities in the Real Estate category
Data extracted from public FDD filings and SBA 7(a) loan disclosures (FOIA). This information is provided for research purposes only and does not constitute financial, legal, or investment advice. Verify all figures with the franchisor's current Franchise Disclosure Document before making any investment decision.