Bottom line
- Total investment $256K – $581K including a $40K franchise fee, 6.0% ongoing royalty.
- Average unit revenue of $1.0M/year. Estimated payback in 0.9 years.
- Rated MODERATE with a risk score of 63/100.
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 Wolfnights unit return on the cash you put in?
Unlevered ROIC · per unit
35%
In Yale's "attractive" band (30–60%)
Levered LBO scenario · Yale Crease Capital framing
What would 25 Wolfnights units return on equity?
Equity IRR · 5-yr
49.9%
7.57× MOIC
Year-1 DSCR
1.88×
EBITDA ÷ debt service
Equity required
$1.7M
on $8.4M purchase
Total debt
$6.7M
SBA $4.2M + senior + seller note
Overview
About
Wolfnights franchisees operate [BUSINESS MODEL UNCLEAR - insufficient data provided]. Based on the brand name and investment level, this appears to be a service or hospitality concept, but the specific day-to-day operations, target market, and service delivery model are not specified in available documentation.
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 · 14 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
Wolfnights presents CAUTION-to-HIGH RISK profile: micro-franchise with only 4 units, undisclosed franchisor going concern status, and unverifiable financial claims make this unsuitable for risk-averse investors.
Score breakdown · what drove the 63 / 100 rating
- 01MINOROnly 4 units in system with unknown growth trajectory indicates micro-franchise with unproven scalability
- 02HIGHGoing Concern = False suggests franchisor financial instability or inability to support franchisees long-term
- 03MINORHigh investment range ($256K-$580K) against only 4 operating units raises questions about unit economics and franchisor viability
- 04MEDNo Item 19 (financial performance representations) disclosed — cannot validate if average revenue figures are typical or outliers
- 05MEDExtremely limited franchisee pool (4 units) makes it nearly impossible to conduct meaningful market validation
- 06MINOR6% royalty on $1.04M average revenue = $62,674 annual royalty per unit — sustainability unclear at lower revenue levels
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
15 numbers
One-time purchase · CSV download · Validation questions included
FDD download
Wolfnights · FDD (2025) PDF