FranchiseVerdict
Ultimate Sports Bar & Grill logo
FV-02837·MODERATEExcellent81

Ultimate Sports Bar & Grill

Food & Beverage - Full ServiceFranchising since 2023Website
Investment
$370K – $839K
49th pct Full Service
Avg revenue
57th pct Full Service
Royalty
0.0%
0th pct Full Service
Units
1
3rd pct Full Service
SBA default

Bottom line

  • Total investment $370K – $839K including a $40K franchise fee, 0.0% ongoing royalty.
  • No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
  • Rated MODERATE with a risk score of 65/100.
  • 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
ULTIMATE SPORTS BAR FRANCHISE, LLC
Incorporated in
Minnesota
HQ
1101 Division Street, Waite Park, MN 56387
Auditor
SMITH, BUZZI & ASSOCIATES, LLC.
Audited financials
⚠ Going-concern note
Disclosed in FDD 2024
Status as of 2024; 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 Ultimate Sports Bar & Grill 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: generic
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $370K–$839K
Working capital
$
FDD reports $30K–$60K

Unlevered ROIC · per unit

24%

Below typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$158K
EBITDA margin
21.0%
Total invested
$649K
Payback
49 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

Franchisees operate a full-service sports bar and grill establishment serving food, beverages, and entertainment in a licensed venue. Daily operations include managing kitchen/bar staff, sourcing inventory, maintaining sports viewing infrastructure, handling customer service, and executing marketing within protected territory. Revenue depends heavily on foot traffic, local competition, event scheduling, and alcohol licensing compliance.

CEO
Thomas Frericks
Founded
2023
FDD year
2024
States available
1

Item 7 · what it costs

The Vitals

Total investment
$370K – $839K
All-in to open one unit
Liquid capital
$30K – $60K
Cash you must have on hand
Franchise fee
$40K
Royalty
0.0%
Percentage of Gross Revenue · typical 6–8%
Ad fund
2.0%
typical 3–5%
Total fee load
2.0%
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
1
Opened
0
Last reporting year
Closed
0
Turnover rate
0.0%
Company-owned
1
Corporate units in the system
% franchised
0%
vs corporate-owned
2022
0±0
Franchised units
2023
0
Franchised units
2024
0
Franchised units

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

Item 20 · 16 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 · 16 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.

No SBA loan data available for this brand.

FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17

Risk & Legal

65
Risk · 0-100
MODERATE65 / 100

Single-unit system with no financial disclosure, unproven scalability, and opaque ROI projections presents substantial risk despite no litigation or going concern issues.

Score breakdown · what drove the 65 / 100 rating

  1. 01MINOROnly 1 operating unit makes performance claims unverifiable and system viability unproven
  2. 02MEDNo average revenue or net income disclosed (Item 19 missing) — impossible to assess ROI on $370k-$838k investment
  3. 03MINORWide investment range ($468k spread) suggests unclear cost structure or significant location variability
  4. 04MINOROnly 1 franchisee cannot validate franchisor support, operational systems, or replicability
  5. 05MINORHigh initial franchise fee ($40k) combined with 5% royalty on unproven revenue model
  6. 06MINOR10-year term locks franchisees into relationship with unproven single-unit system

Severity inferred from the FDD text · not a regulatory classification

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

Contract & Territory Detail

Territory
Radius/Boundary
Protected territory
Yes
Initial term
10 years
Renewal term
10 years
Online sales rights
Restricted
Franchisor can compete
Yes
Hire a manager?
Allowed
Litigation count
0
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
Optional
Governing law
Minnesota

Item 11

Training & Operations

Classroom training
44 hrs
On-the-job training
88 hrs
POS system
Quickbooks Online, When I Work Scheduling App
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

17 numbers

Locked
(605) 773-••••
SD
(217) 782-••••
IL
(317) 232-••••
IN

One-time purchase · CSV download · Validation questions included

FDD download

Ultimate Sports Bar & Grill · FDD (2024) PDF

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