Bottom line
- Total investment $301K – $435K including a $45K franchise fee, 7.0% ongoing royalty.
- Average unit revenue of $663K/year (median $916K).
- Rated STRONG with a risk score of 52/100. SBA loan default rate of 0.0% across 32 loans (below the industry average).
- System growing at 76.9% CAGR over 3 years with 23 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 TURBO TINT unit return on the cash you put in?
Unlevered ROIC · per unit
26%
Below typical band (30–60%)
Levered LBO scenario · Yale Crease Capital framing
What would 25 TURBO TINT units return on equity?
Equity IRR · 5-yr
49.9%
7.57× MOIC
Year-1 DSCR
1.88×
EBITDA ÷ debt service
Equity required
$1.3M
on $6.6M purchase
Total debt
$5.3M
SBA $3.3M + senior + seller note
Overview
About
Turbo Tint franchisees operate automotive window tinting services, applying protective and aesthetic films to vehicle windows. Day-to-day operations include customer consultations, film installation, quality control, and customer service. The business typically operates from a retail location or mobile service setup.
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 · 12 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
Turbo Tint presents elevated risk due to undisclosed net profitability, active royalty litigation, false going concern status, and inability to validate whether average $662k revenue supports franchisee sustainability after royalties and operating expenses.
Score breakdown · what drove the 52 / 100 rating
- 01HIGHGoing Concern status is FALSE — indicates potential financial instability or undisclosed operational challenges at corporate level
- 02HIGHActive litigation (Moran Industries royalty collection suit with default judgment in Dec 2024) signals enforcement issues and possible franchisee compliance/payment problems
- 03MEDNet Income not disclosed in FDD Item 19 — cannot validate the $662k average revenue translates to acceptable profitability after 7% royalties + operating costs
- 04MINORHigh unit growth rate (35.3% YoY) is atypical and may indicate aggressive recruitment masking underlying system weakness rather than organic demand
- 05MINORRoyalty enforcement action suggests corporate is pursuing collections aggressively, indicating cash flow pressure or systemic non-payment among franchisees
- 06MED15-year term with $45k franchise fee + $301-435k total investment requires strong unit-level economics not validated by missing net income data
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
26 numbers
One-time purchase · CSV download · Validation questions included
FDD download
TURBO TINT · FDD (2025) PDF