USL Super LeagueFranchise Cost, Revenue & Review 2026
Data from FDD filing
FranchiseVerdict summary · 2026
A USL Super League franchise requires a total initial investment of $15.7M – $20.9M. The 2025 FDD does not disclose unit-level revenue (no Item 19). Verdict grade: B. Run a live ROI scan →
Data last verified June 18, 2026 · figures per the 2025 FDD issuance
Overview
- Investment
- $15.7M – $20.9M
- 44th pct Recreation & …
- Avg gross sales
- N/A
- 23rd pct Recreation & …
- Royalty
- N/A
- Units
- 8
- 21st pct Recreation & …
- SBA default
- N/A
Quick verdict · Recreation & Entertainment · color = vs category peers
Green = >15% above Recreation & Entertainment avg · No shading = within ±15% · Red = >15% below avg · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
Bottom line
- Total investment $15.7M – $20.9M.
- No Item 19 financial performance data disclosed. The franchisor chose not to publish revenue figures.
- Verdict B (Above Average) with a risk score of 60/100.
- No Item 19 financial performance representation. Without franchisor-disclosed revenue data, you'll need to gather unit economics directly from existing franchisees.
Item 1 · who you're contracting with
The Franchisor
- Legal entity
- USL Super League, LLC
- Parent company
- United Soccer Leagues, LLC
- Ultimate parent
- NuRock Soccer Holdings LLC
- Incorporated in
- FL
- HQ
- 1715 N. Westshore Blvd., Suite 825, Tampa, Florida 33607
- Auditor
- Saltmarsh, Cleaveland & Gund
- Audited financials
- Franchisor revenue
- $32.3M
- vs $56.4M prior year
Overview
About
USL Super League franchisees operate professional women's soccer teams competing in the top-tier league. Day-to-day operations include team management (coaching, player roster), stadium/venue operations, ticket sales and revenue generation, community engagement, marketing, and compliance with league operational standards. Franchisees assume full financial responsibility for player salaries, facilities, staffing, and capital improvements across a 10-year agreement.
- CEO
- Alec Papadakis
- Headquarters
- FL
- Founded
- 2021
- FDD year
- 2025
- States available
- 7
FDD Item 7 · 2025 filing
Initial investment breakdown
| Cost component | Low | High |
|---|---|---|
| Working capital (3–6 mo) | $250K | $1.0M |
| Equipment, build-out, other | $15.4M | $19.9M |
| Total initial investment | $15.7M | $20.9M |
Source: USL Super League 2025 FDD, Items 5 and 7[2]. “Equipment, build-out, other” is computed as total minus disclosed line items above.
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $15.7M – $20.9M
- Near category avg vs category
- Liquid capital req'd
- $250K – $1.0M
- Near category avg vs category
- Franchise fee
- N/A
- Near category avg vs category
- Royalty
- $230,000 Participation Fee
- Ad fund
- -n/d
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Transfer fee | $10 |
| Renewal fee | $10K |
Financial Performance
This franchisor did not disclose financial performance representations in Item 19, or our extractor could not parse them.
vs Recreation & Entertainment averages
How USL Super League Compares
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 8
- Opened
- 8
- Last reporting year
- Closed
- 0
- Turnover rate
- 0.0%
- Company-owned
- 0
- Corporate units in the system
- % franchised
- 100%
- vs corporate-owned
3-year detail · Item 20
- Transfers (3yr)
- 0
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 4 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 contact records (FDD Item 20). Shows states with at least one current operator on file. Full state registration data (Item 12) will appear on a future FDD refresh.
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA 7(a) and 504 loan disclosures, public data unique to FranchiseVerdict.
No SBA loan data available for this brand.
Risk analysis
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
USL Super League presents HIGH RISK due to an exceptional $12M franchise fee with zero earnings transparency, active litigation revealing contract disputes, minimal unit base, and no going concern certainty.
Litigation (Item 3)
2 case reference(s): 0 pending, 0 settled.
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · Saltmarsh, Cleaveland & Gund
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Supplier relationship · Items 8 & 16
- Franchisor sells you products: No
- Must buy proprietary products: No
- Restricted to system-approved products: No
Score breakdown · what drove the 60 / 100 rating
- 01MEDExtremely high franchise fee ($12M) with no disclosed average revenue or net income — impossible to calculate ROI
- 02HIGHActive litigation between USL and a team operator involving breach and fraudulent inducement claims, signaling operational/contractual disputes
- 03MINOROnly 8 units with unknown growth trajectory — suggests early-stage or stalled expansion despite massive capital requirements
- 04MINORNo Item 19 (Financial Performance Representations) disclosure — franchisor refuses to substantiate earnings claims
- 05HIGH'Going Concern' marked False — potential financial instability at corporate level
- 06MINOR$230K annual participation fee creates $1.84M cumulative cost over 10-year term on top of $12M initial investment
- 07MINORProfessional sports franchises are illiquid, high-operational-complexity businesses with structural profitability challenges
Severity inferred from the FDD text · not a regulatory classification
FDD Items 5, 6, 12, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 10 years |
|---|---|
| Renewal term | 10 years |
| Allowed renewalsℹ | 1 |
| Territory type | Stadium-based radius |
| Protected territory | Yes |
| Online sales rights | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Not allowed |
| Owner-operator | Required |
| Non-compete (years)ℹ | 5 years |
| Right of first refusalℹ | No |
| Termination notice | 30 days |
| Mandatory arbitration | Yes |
| Jury trial waiver | Yes |
| Governing law | Florida |
| Litigation count | 1 |
View Item 3 litigation summary
2 case reference(s): 0 pending, 0 settled.
Items 10, 11
Training & Operations
- Classroom training
- 0 hrs
- On-the-job training
- 0 hrs
- Training location
- On-site at franchisee's restaurant and franchisor's location
- Site selection
- joint
- POS system
- League Office recommended system
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: League Office recommended system
Item 20 · call current owners
Franchisee Contacts
5 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
USL Super League · FDD (2025) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a USL Super League franchise?
The total investment to open a USL Super League franchise ranges from $15.7M – $20.9M. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do USL Super League franchise owners earn?
USL Super League does not disclose average franchise owner earnings in their FDD Item 19. Not all franchisors are required to make financial performance representations. We recommend asking existing franchisees directly about their financial experience.
What is USL Super League's franchise failure rate?
SBA 7(a) loan charge-off data is not available for USL Super League (fewer than 10 loans on file). Charge-off rates are one way to gauge franchise risk, but not all franchise loans go through the SBA program. We recommend reviewing turnover and closure data in the FDD and speaking with current franchisees.
How many USL Super League franchise locations are there?
As of their most recent FDD filing, USL Super League has 8 total units in the United States, including 0 franchised units and 0 company-owned units. 8 new units were opened in the latest reporting year.
Is USL Super League a good franchise to buy?
FranchiseVerdict rates USL Super League as a B-grade franchise with a risk score of 60 out of 100, based on our analysis of investment costs, revenue data, SBA loan performance, and growth trends. Our rating is based solely on publicly available FDD and government data; we recommend speaking with current franchisees before making any investment decision. This is not investment advice.
Data sourced from public FDD filings and SBA 7(a) FOIA records. Not financial advice.
For franchisors
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Data extracted from public FDD filings and SBA 7(a) loan disclosures (FOIA). This information is provided for research purposes only and does not constitute financial, legal, or investment advice. Verify all figures with the franchisor's current Franchise Disclosure Document before making any investment decision.