Bottom line
- Total investment $246K – $506K including a $50K franchise fee, 7.0% ongoing royalty.
- Average unit revenue of $568K/year.
- Rated MODERATE with a risk score of 67/100. SBA loan default rate of 0.0% across 6 loans (below the industry average).
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 Tremble unit return on the cash you put in?
Unlevered ROIC · per unit
40%
In Yale's "attractive" band (30–60%)
Levered LBO scenario · Yale Crease Capital framing
What would 25 Tremble units return on equity?
Equity IRR · 5-yr
39.2%
5.22× MOIC
Year-1 DSCR
2.15×
EBITDA ÷ debt service
Equity required
$3.7M
on $12.5M purchase
Total debt
$8.7M
SBA $5.0M + senior + seller note
Overview
About
Tremble franchisees likely operate a service or technology-enabled business model (fitness, wellness, or consumer services based on brand name). Daily operations involve serving customers, managing staff, handling local marketing, and remitting 7% of gross revenue to corporate while operating within a protected territory.
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 · 7 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
Tremble presents HIGH RISK due to going concern status, hypergrowth instability (450% YoY), missing profitability data, and franchisor financial vulnerability masked by rapid unit recruitment.
Score breakdown · what drove the 67 / 100 rating
- 01HIGHGoing Concern Warning: Franchisor flagged as not a going concern—indicates potential insolvency or operational collapse risk
- 02MINORNo Net Income Disclosure: Item 19 financial performance data absent—impossible to validate profitability claims against $567,945 avg revenue
- 03MINORExtreme Unit Growth Volatility: 450% YoY growth (from ~4 to 20 units) is unsustainable and suggests recruitment-driven model rather than organic success
- 04MINORHigh Royalty Burden: 7% royalty on gross revenue (not net) creates cash flow pressure, especially if net margins are thin
- 05MEDVague Investment Range: $245k–$506k spread suggests inconsistent cost structure or hidden variables not disclosed
- 06MINORFranchise Fee vs. Unit Count Mismatch: $50k fee on only 20 units implies franchisor heavily dependent on franchise fees rather than recurring royalties for stability
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
17 numbers
One-time purchase · CSV download · Validation questions included
FDD download
Tremble · FDD (2026) PDF