FranchiseVerdict
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FV-02909·MODERATEExcellent86

VR Business Sales / Mergers & Acquisitions

Real EstateFranchising since 1999Website
Investment
$59K – $86K
51st pct Real Estate
Avg revenue
32nd pct Real Estate
Royalty
9.0%
61st pct Real Estate
Units
30
26th pct Real Estate
SBA default

Bottom line

  • Total investment $59K – $86K including a $48K franchise fee, 9.0% ongoing royalty.
  • No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
  • Rated MODERATE with a risk score of 64/100.
  • 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
King Lombardi Acquisitions, Inc.
Incorporated in
Delaware
HQ
2601 East Oakland Park Boulevard, Suite 300, Fort Lauderdale, Florida 33306
Auditor
Hinkle, Rhine & Root, LLC
Audited financials
Franchisor revenue
$995K
vs $1.3M prior year
⚠ Going-concern note
Disclosed in FDD 2025
Auditor flagged doubt about continued operations. Verify against the latest FDD before deciding.

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 VR Business Sales / Mergers & Acquisitions 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: $59K–$86K
Working capital
$
FDD reports $1K–$8K

Unlevered ROIC · per unit

137%

Above typical band (30–60%)

0%30–60% Yale band80%
ROIC above 100% usually means the revenue figure is a system-wide aggregate or top-cohort number rather than a single-unit average. Verify the "Revenue · per unit" field against the brand's FDD Item 19 detail tables before relying on this output.

Store EBITDA · annual
$105K
EBITDA margin
14.0%
Total invested
$77K
Payback
9 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 as business brokers/consultants facilitating M&A transactions and business sales in their protected territories. They identify acquisition targets and buyers, negotiate deals, and earn commissions on successful transactions. The model is service-based with minimal inventory but requires significant business development and networking to generate revenue.

CEO
Peter C. King
Founded
1999
FDD year
2025
States available
15

Item 7 · what it costs

The Vitals

Total investment
$59K – $86K
All-in to open one unit
Liquid capital
$1K – $8K
Cash you must have on hand
Franchise fee
$48K
Royalty
9.0%
Percentage of Franchisee Income · typical 6–8%
Ad fund
0.0%
typical 3–5%
Total fee load
9.0%
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
30
Opened
1
Last reporting year
Closed
3
Turnover rate
10.0%
Company-owned
1
Corporate units in the system
% franchised
97%
vs corporate-owned
Net growth (yr3)
-9.4%
Net unit change last year
3-yr CAGR
-9.4%
Compounded over last 3 years
2023
29-3
Franchised units
2024
32
Franchised units
2025
32
Franchised units

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

Item 20 · 15 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 · 15 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

64
Risk · 0-100
MODERATE64 / 100

Declining franchise system with regulatory compliance issues, no earnings transparency, and high royalty burden creates elevated risk despite reasonable initial investment.

Score breakdown · what drove the 64 / 100 rating

  1. 01MEDUnit count declined 9.4% YoY (30 units), indicating system contraction and potential market saturation or franchisee dissatisfaction
  2. 02MINORNo average revenue or net income disclosure (Item 19) prevents validation of ROI claims and profitability verification
  3. 03MINOR2023 Virginia regulatory violation for expired franchise registration suggests compliance gaps in franchise operations
  4. 04MEDHigh royalty rate (9% of all income) combined with undisclosed earnings creates uncertainty about net profit margins
  5. 05HIGHGoing concern status warrants scrutiny into franchisor financial stability and long-term viability

Severity inferred from the FDD text · not a regulatory classification

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

Contract & Territory Detail

Territory
Driving Radius
Protected territory
Yes
Initial term
20 years
Renewal term
20 years
Online sales rights
Restricted
Franchisor can compete
Yes
Hire a manager?
Allowed
Litigation count
1
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
Required
Governing law
Florida

Item 11

Training & Operations

Classroom training
136 hrs
On-the-job training
4 hrs
POS system
Proprietary Software
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

49 numbers

Locked
(214) 733-••••
TX
(305) 448-••••
FL
(864) 335-••••
SC

One-time purchase · CSV download · Validation questions included

FDD download

VR Business Sales / Mergers & Acquisitions · FDD (2025) PDF

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