FranchiseVerdict
Unishippers logo
FV-02847·STRONGExcellent86

Unishippers

Business Services - Shipping & PostalFranchising since 2007Website
Investment
$17K – $233K
7th pct Shipping & Po…
Avg revenue
$1.8M
43rd pct Shipping & Po…
Royalty
Units
192
93rd pct Shipping & Po…
SBA default
0.0%
vs <3% typical

Bottom line

  • Total investment $17K – $233K including a $30K franchise fee.
  • Average unit revenue of $1.8M/year.
  • Rated STRONG with a risk score of 49/100. SBA loan default rate of 0.0% across 42 loans (below the industry average).
  • System contracting at -8.6% CAGR over 3 years. Investigate whether closures are franchisor-driven (consolidation) or franchisee-driven (economics).

Item 1 · who you're contracting with

The Franchisor

Legal entity
Unishippers Global Logistics, LLC
Parent company
Unishippers Holdings, LLC
Incorporated in
Delaware
HQ
2700 Commerce Street, Suite 1500, Dallas, TX 75226
Auditor
PricewaterhouseCoopers LLP
Audited financials
Franchisor revenue
$3.5B
vs $3.8B prior year

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 Unishippers unit return on the cash you put in?

Revenue · per unit, per year
$
FDD Item 19 reports $1,822,482
Franchisor take · royalty + ad fund
Royaltytyp 68%
%
Ad fundtyp 35%
%
Operating costs · category default: retail
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $17K–$233K
Working capital
$
FDD reports $9K–$150K

Unlevered ROIC · per unit

71%

Above typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$146K
EBITDA margin
8.0%
Total invested
$205K
Payback
17 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.

Levered LBO scenario · Yale Crease Capital framing

What would 25 Unishippers units return on equity?

Edit assumptions

Equity IRR · 5-yr

49.9%

7.57× MOIC

Year-1 DSCR

1.88×

EBITDA ÷ debt service

Equity required

$364K

on $1.8M purchase

Total debt

$1.5M

SBA $0.9M + senior + seller note

Overview

About

Unishippers franchisees operate shipping centers that consolidate freight shipments for small-to-medium businesses, leveraging carrier relationships to negotiate volume discounts. Franchisees manage customer acquisition, handle shipment logistics, coordinate with carriers, and retain a portion of margin above franchisor royalties. Day-to-day work involves sales outreach, processing shipments (under and over 150 lbs), customer service, and administrative fulfillment.

CEO
Thomas Madine
Founded
2007
FDD year
2026
States available
38

Item 7 · what it costs

The Vitals

Total investment
$17K – $233K
All-in to open one unit
Liquid capital
$9K – $150K
Cash you must have on hand
Franchise fee
$30K
Royalty
Greater of (i) 18.5% of Gross Profit Margin (shipments <=…
Ad fund
1.0%
typical 3–5%
Total fee load
19.5%
vs 9–13% typical

Item 19

Financial Performance

Avg gross sales
$1.8M
Per unit, per year
Median gross sales
Item 19 type
Gross Revenue
Sample size
154 units
vs category median 32 · large
Range (low → high)
$148$17.7M
Cohort dispersion
Transparency
3 / 5
vs category median 3 / 5 · typical
Revenue rank43th
vs Business Services - Shipping & Postal peers
Investment cost rank7th
Lower investment ranks lower (better)
Royalty rate rank71th
Lower royalty = lower percentile (better)
Unit count rank93th
vs Business Services - Shipping & Postal peers
Risk score rank7th
Lower risk = lower percentile (better)

Item 20 · unit dynamics

The Growth Chart

Total units
192
Opened
36
Last reporting year
Closed
16
Turnover rate
8.3%
Company-owned
1
Corporate units in the system
% franchised
100%
vs corporate-owned
Net growth (yr3)
-5.4%
Net unit change last year
3-yr CAGR
-8.6%
Compounded over last 3 years
2024
191-11
Franchised units
2025
202
Franchised units
2026
209
Franchised units

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

Item 20 · 27 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 · 27 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.

Total loans
42
Loan volume
Avg loan
Default rate
0.0%
vs <3% typical · system-wide
5-yr default

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

Risk & Legal

49
Risk · 0-100
STRONG49 / 100

Declining franchise system with aggressive royalty structures, significant litigation history over fees and terminations, unprotected territory, and undisclosed profitability metrics presents elevated risk for new franchisees.

Score breakdown · what drove the 49 / 100 rating

  1. 01MINORUnit count declining 5.4% YoY (192 units) suggests system contraction and potential market saturation or franchisee dissatisfaction
  2. 02MINORNo average net income disclosure despite $1.82M avg revenue — inability or unwillingness to show profitability is a major transparency red flag
  3. 03MINORRoyalty structure is complex and aggressive (18.5% of gross profit for lighter shipments) with high minimum thresholds; profitability depends heavily on volume
  4. 04HIGHThree litigated disputes (RICO, breach of contract/fraud, misrepresentation/termination) indicate systemic tension between franchisor and franchisees over fee structures and performance standards
  5. 05MINORUnprotected territory creates direct competition risk; franchisees can cannibalize each other's revenue in same geographic area
  6. 06MINORHigh franchise fee ($30K) combined with declining unit count suggests franchisees are not reinvesting or recruiting
  7. 07HIGHGoing concern status = False is ambiguous; clarify whether this means franchisor is stable or at risk

Severity inferred from the FDD text · not a regulatory classification

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

Contract & Territory Detail

Territory
Non-exclusive
Protected territory
No
Initial term
5 years
Renewal term
5 years
Online sales rights
Granted
Franchisor can compete
Yes
Hire a manager?
Allowed
Litigation count
3
Right of first refusal
Yes
Franchisor can buy back on resale
Mandatory arbitration
No
Jury trial waiver
Yes
Non-compete
2 yrs
Post-termination restriction
Owner-operator
Required
Governing law
Texas

Item 11

Training & Operations

Classroom training
63 hrs
On-the-job training
0 hrs
POS system
myUnishippers
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

85 numbers

Locked
(701) 328-••••
ND
(518) 473-••••
NY
(239) 919-••••
FL

One-time purchase · CSV download · Validation questions included

FDD download

Unishippers · FDD (2026) PDF

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