Bottom line
- Total investment $708K – $1.2M including a $56K franchise fee, 8.0% ongoing royalty.
- Average unit revenue of $763K/year (median $574K). Estimated payback in 7.1 years.
- Rated STRONG with a risk score of 44/100. SBA loan default rate of 0.0% across 143 loans (below the industry average).
- System growing at 59.1% CAGR over 3 years with 73 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 UNITS unit return on the cash you put in?
Unlevered ROIC · per unit
9%
Below typical band (30–60%)
Levered LBO scenario · Yale Crease Capital framing
What would 25 UNITS units return on equity?
Equity IRR · 5-yr
49.9%
7.57× MOIC
Year-1 DSCR
1.88×
EBITDA ÷ debt service
Equity required
$915K
on $4.6M purchase
Total debt
$3.7M
SBA $2.3M + senior + seller note
Overview
About
UNITS franchisees operate modular storage unit rental centers, managing inventory, customer acquisition, leasing/collections, and facility maintenance. Day-to-day involves sales consultations, tenant communication, logistics coordination, and pricing/occupancy optimization to drive recurring revenue.
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 · 32 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
UNITS presents moderate-to-caution risk: unverified financial claims, high capital requirements, questionable going concern status, and lack of transparent Item 19 disclosure demand serious due diligence before investment.
Score breakdown · what drove the 44 / 100 rating
- 01MEDNo Item 19 Financial Performance Representation disclosed — cannot independently verify claimed $762,508 avg revenue or $137,050 net income figures
- 02MINORHigh initial investment range ($707k-$1.2M) with only 18% net margin — 5-8 year payback period and significant capital at risk
- 03MINORModest unit growth of 16.7% YoY against large system (73 units) suggests potential market saturation; absolute growth may be slowing
- 04HIGHGoing Concern status is FALSE — unusual flag suggesting potential franchisor financial instability or accounting red flags that require clarification
- 05MINOR8% royalty on gross sales (not net) creates cash flow pressure during slow months and misaligned incentives between franchisor and franchisee profitability
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
65 numbers
One-time purchase · CSV download · Validation questions included
FDD download
UNITS · FDD (2024) PDF