TRUE NORTH

Franchise Information

Analyzed filing: MD · File #122303

FDD issued: May 8, 2023

FDD Issued: Jul 11, 2023

Extracted: Aug 1, 2026

Analyzed

Franchisor Details

Name: True North Restoration Franchising LLC

Parent: True North Ventures, LP

Address: 5628 Kendall Court, Unit A, Arvada, Colorado 80002

Phone: 720-316-6850

Website: www.gotruenorth.com

Franchising Since: 2021

Industry & Qualifications

Industry

Cleaning & Restoration

Veteran Discount

10.1%

Multi-Unit Discount

49.5%

Franchise Fee

$49,500

Royalty

7.0%

Ad Fund: 2.0%

Total Investment

$112K - $195K

Initial Term

10 years

Renewable

Outlet Information

Total Outlets (2022)

Franchised

Company-Owned

Opened (Last Year)

Closed (Last Year)

-0

Churn Breakdown (Last Year)

Terminations

Non-Renewals

Ceased Ops

Transfers

Reacquired

Exclusive Territory

Yes

Franchisees are granted a designated geographic Territory based on population. F...

Item 19 (Financial Performance)

Disclosed

Based on 6 franchised and 2 affiliate-owned TRUE NORTH Businesses that reported...

Financial Performance (Item 19)

Avg Unit Volume (through Dec 2022)

$1,367,218

Median

$654,369

Top 25% Avg

$3,167,448

Bottom 25% Avg

$366,291

Highest

$3,832,912

Lowest

$247,714

% Achieving Avg

37.5%

Sample Size

8 units

Legal History

Litigation: None

Bankruptcy: None

Number	File name	Source State	Filing Date	Actions
99475	460453_Franchise__True_North_EFDID__460453_North Dakota_99475.pdf Alternate source copy · newest filing	ND	May 8, 2023 FDD issue date	Restricted
99607	460453_Franchise__True_North_EFDID__460453_Virginia_99607.pdf Alternate source copy	VA	May 8, 2023 FDD issue date	Restricted
112529	460453_Franchise__True_North_EFDID__460453_New York_112529.pdf Alternate source copy	NY	May 8, 2023 FDD issue date	Restricted
122303	460453_Franchise__True_North_EFDID__460453_Maryland_122303.pdf Canonical 2023 analysis	MD	May 8, 2023 FDD issue date	Restricted
126152	460453_Franchise__True_North_EFDID__460453_California_126152.pdf Alternate source copy	CA	May 8, 2023 FDD issue date	Restricted

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