Bottom line
- Total investment $207K – $528K including a $40K franchise fee, 5.0% ongoing royalty.
- No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
- Rated CAUTION with a risk score of 72/100.
- 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
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 Vanguard Key Clubs unit return on the cash you put in?
Unlevered ROIC · per unit
56%
In Yale's "attractive" band (30–60%)
Overview
About
Vanguard Key Clubs franchisees operate membership-based social/networking clubs or keycard-controlled facilities. Day-to-day operations likely include membership sales, facility management, events coordination, and member retention activities. The exact service model (nightlife venue, professional networking, recreational facility, etc.) is unclear from available data.
Item 7 · what it costs
The Vitals
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
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 5 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.
No SBA loan data available for this brand.
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Vanguard Key Clubs presents HIGH RISK due to microscopic system size (6 units), missing financial disclosures, questionable franchisor stability (going concern flag), and unvalidated unit economics.
Score breakdown · what drove the 72 / 100 rating
- 01MINOROnly 6 units in system with unknown growth trajectory suggests minimal track record and high failure risk
- 02MINORNo average revenue or net income disclosure (no Item 19) prevents ROI validation and raises transparency concerns
- 03MINORWide investment range ($207K-$528K) with vague cost breakdown indicates potential hidden fees or inconsistent unit economics
- 04HIGHGoing Concern = False indicates franchisor may lack financial stability or viability projections
- 05MINORExtremely small franchise system (6 units) creates sustainability and support infrastructure risks
- 06MED10-year term locks franchisee into unproven business model with limited exit flexibility
- 07MINORRoyalty structure incentivizes multi-unit growth but appears designed to mask struggling single-unit economics
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
5 numbers
One-time purchase · CSV download · Validation questions included
FDD download
Vanguard Key Clubs · FDD (2025) PDF