Companies

Ritual Hot Yoga is a very small, early-stage franchise with only 5 total outlets and a modest growth pace of just 1 net new opening in the last year. The total investment range of $297,160 to $490,000 is moderate for the boutique fitness space, though the 7% royalty is on the higher side. ✓ The brand has no litigation or bankruptcy history and provides an Item 19 financial disclosure, offering some transparency for prospective franchisees. ⚠ The primary risk is the lack of proven scalability, as the chain has not demonstrated the ability to grow beyond a handful of locations.

Pitango Gelato is a very small, stagnant system with only 5 total outlets and zero net growth over the past year, as no new locations opened and none closed. The total investment range of $384,350 to $701,800 is substantial for a brand with such limited scale and no proven expansion momentum. ✓ The franchise provides an Item 19 financial disclosure showing an average unit volume (AUV) of $695,692, which is a positive data point for prospective franchisees. ⚠ However, the high entry cost relative to the brand's tiny footprint and lack of recent growth presents a significant risk, as there is no evidence of a successful replication strategy.

Surv is a very small but rapidly expanding franchise with only 5 total outlets, yet it opened 4 new locations in the last year with zero closures, indicating strong early momentum. ✓ The average unit volume (AUV) of $1,090,548 is impressive relative to the moderate total investment range of $104,958 to $160,650, suggesting a favorable return potential. ⚠ However, the $50,000 franchise fee and 7.0% royalty are on the higher side for a concept with such limited operational history, and the tiny base of 5 units means the AUV data may not be statistically reliable. Overall, this is a high-risk, high-reward opportunity with promising unit economics but minimal proof of concept at scale.

Camp Margaritaville operates a tiny network of just 5 outlets with zero net growth last year, signaling a stalled or nascent franchise system. The franchise fee is moderate at $123,850, but the total investment range is extraordinarily wide and steep, reaching up to $58.4 million, which presents a massive capital barrier for most candidates. ⚠ A major red flag is the absence of Item 19 financial performance data, leaving franchisees without any earnings benchmarks, and the presence of litigation further clouds the opportunity. ✓ There is no history of bankruptcy, but the combination of no royalty fee and no financial disclosure makes it difficult to assess the franchisor's revenue model or unit-level economics.

The Only Facial is a very early-stage franchise with only 5 total outlets, all opened in the last year, indicating a nascent but positive growth trajectory with no closures. ✓ The absence of litigation and bankruptcy is a clean slate, but the lack of Item 19 financial disclosure is a significant ⚠ risk, as prospective franchisees cannot verify unit-level profitability or revenue expectations. The total investment range of $298,850 to $459,500, combined with a $40,000 franchise fee and 6% royalty, represents a substantial capital commitment for a brand with no proven financial track record. This opportunity is best suited for investors comfortable with high risk and the uncertainty of a brand still in its proof-of-concept phase.

We Clean Heat Pumps is a very small, early-stage franchise with only 5 total outlets, though it shows a clean growth trajectory with 2 openings and zero closures in the last year. ✓ The absence of litigation or bankruptcy history is a positive, and the Item 19 financial disclosure provides some transparency for prospective franchisees. ⚠ However, the total investment range of $84,750 to $267,500 is relatively high for a brand with such limited scale and operational proof, and the $30,000 franchise fee plus 6% royalty adds significant cost. This concept may appeal to early adopters in the HVAC niche, but the lack of a proven system and small network presents considerable risk.

The Man Salon is a very small, early-stage franchise with only 5 total outlets and zero net growth in the last year, indicating a stalled or pre-growth phase. ✓ The brand does report a healthy average unit volume (AUV) of $558,133, which is a strong positive for a men's grooming concept, and it carries no litigation or bankruptcy history. ⚠ However, the total investment range of $241,200 to $395,300 is significant for a concept with no recent expansion, and the lack of any new openings raises questions about the system's current momentum and franchisee demand.

Rock and Roll Daycare Franchising, LLC operates a very small system of just 5 total outlets, with zero net growth in the last year as no new units opened and none closed. ✓ The franchise has no litigation or bankruptcy history, which is a positive sign for stability. ⚠ However, the total investment range of $290,000 to $466,500 is substantial for a brand with such limited scale and no recent expansion, and the 7.0% royalty fee is notable. This franchise presents a high-risk profile due to its tiny footprint and stagnant growth, making it a speculative investment despite clean legal records.

WPI Franchising LLC operates a very small network of just 5 total outlets, with only 1 new location opened in the past year and no closures. The total investment is relatively low at $52,885 to $87,035, with a $36,500 franchise fee and a 4.5% royalty. ⚠ A significant red flag is the absence of Item 19 financial performance data, making it impossible to assess unit-level profitability, and the franchisor has a bankruptcy history. ✓ The lack of litigation and zero closures provide some stability, but the tiny scale and lack of financial disclosure present substantial risk for prospective franchisees.

Sparkle is a very early-stage franchise with only 5 total outlets, but it shows strong momentum with 4 openings and zero closures in the last year. ✓ The absence of litigation or bankruptcy is a positive sign for a young brand. ⚠ However, the total investment range is unusually wide at $2.36M to $485K, suggesting significant variability in build-out costs or potential data errors. The $39,000 franchise fee and 7% royalty are moderate, but the small scale means limited operational proof and brand recognition.

Compass by Margaritaville operates a very small network of just 5 outlets, with only 1 new location opened in the past year and no closures, indicating a nascent but stable growth trajectory. The franchise demands an exceptionally high total investment ranging from $10.4 million to $57.9 million, paired with a $135,550 franchise fee and no ongoing royalty, which is unusual for the sector. ⚠ A significant red flag is the absence of Item 19 financial performance data, leaving prospective franchisees without any earnings projections to assess viability. ⚠ Additionally, the presence of litigation history adds further risk to this already capital-intensive and opaque opportunity.

Neaumixfit Franchise LLC is a very small, early-stage franchise with only 5 total outlets and a modest growth pace of just 1 net new opening in the last year. The total investment range of $199,000 to $250,000 is moderate, but the $39,500 franchise fee and 7% royalty are notable costs for such a limited brand footprint. ⚠ A significant red flag is the presence of litigation, which raises concerns about operational or franchisee relations, and the lack of an Item 19 financial disclosure means there is no verifiable data on unit profitability or revenue. ✓ On a positive note, the franchise reported zero closures last year, suggesting existing locations have remained stable despite the small sample size.

Sweet Chick operates a very small system of just 5 outlets with no recent unit growth or closures, indicating a stagnant or highly selective expansion strategy. ✓ The franchise reports a strong average unit volume (AUV) of $2,911,158, which is impressive for a chicken concept, but the total investment range of $1,081,400 to $1,813,200 is substantial. ⚠ The high entry cost combined with a 6% royalty and $40,000 franchise fee creates a significant financial hurdle, especially given the lack of recent openings to demonstrate scalable momentum. With no litigation or bankruptcy history, the brand appears stable, but the absence of growth over the past year raises questions about its franchisee recruitment and market viability.

Freecoat (Unit) is a very early-stage franchise with only 5 total outlets, having added 2 last year with no closures, indicating a clean but nascent growth trajectory. ✓ The franchise provides an Item 19 with an average unit volume (AUV) of $356,802, offering some financial transparency for prospective franchisees. ⚠ However, the total investment range of $221,500 to $512,500 is relatively high for such a small system, and the $49,500 franchise fee plus 6% royalty adds significant ongoing cost. ⚠ A notable red flag is the presence of litigation, which warrants careful due diligence given the brand's limited operational history.

Brush Masters Franchising LLC is a very small, emerging franchise with only 5 total outlets, but it shows strong early growth with 4 openings and zero closures in the past year. ✓ The low total investment range of $53,930 to $81,250 makes it one of the most affordable franchise opportunities available. ⚠ However, the presence of litigation is a notable red flag for such a young system, and the lack of a long operating history makes it difficult to assess long-term viability. The 5% royalty and $31,500 franchise fee are reasonable, but prospective franchisees should thoroughly investigate the litigation details before committing.

Dirty Birds Bar and Grill is a very small franchise system with only 5 total outlets, having opened just 1 new location last year with no closures, indicating a nascent but stable growth trajectory. ✓ The absence of litigation and bankruptcy filings suggests a clean operational history. ⚠ However, the lack of Item 19 financial performance disclosure is a significant red flag, as prospective franchisees cannot assess unit-level profitability. ⚠ The total investment range of $462,900 to $1,593,600 is substantial for a brand with such limited scale and no proven financial data, making this a high-risk opportunity.

DMK Franchisor LLC operates a very small network of just 5 total outlets with no new openings or closures in the past year, indicating a stagnant growth trajectory. The total investment range of $328,500 to $779,500 is substantial for a brand with minimal scale and no recent expansion. ✓ The absence of litigation and bankruptcy filings provides a clean legal and financial record. ⚠ However, the lack of any unit growth and the high upfront cost relative to the tiny system size present significant risk for prospective franchisees.

Holy Burger is a very small, early-stage franchise with only 5 total outlets and a modest growth pace of just 1 net new opening in the last year. ✓ The absence of litigation and bankruptcy is a positive sign for a young brand, and the relatively low franchise fee of $30,000 and investment range starting under $100,000 lower the financial barrier to entry. ⚠ However, the lack of Item 19 financial performance data is a significant risk, as prospective franchisees have no validated earnings claims to assess unit-level economics. This concept may appeal to investors seeking a low-cost entry point, but the tiny system size and absence of financial disclosure demand extensive independent validation.

Onigilly Franchise LLC operates a very small network of just 5 total outlets, having added only 1 new location in the past year with no closures, indicating a nascent but stable growth trajectory. The total investment range of $265,132 to $606,976 is moderate, and the franchise fee of $35,000 with a 6% royalty is standard. ✓ A key positive is the disclosed Item 19 showing a robust average unit volume (AUV) of $1,648,762, suggesting strong per-unit revenue potential. ⚠ However, the extreme lack of scale (5 units) presents a significant risk, as the concept has not been proven across a large or diverse market.

Shilla Bakery is a very small, early-stage franchise with only 5 total outlets and zero net growth over the past year, indicating a stalled or pre-growth phase. The total investment range of $354,000 to $1,331,000 is substantial for a concept with no proven expansion track record. ⚠ A major red flag is the absence of Item 19 financial performance data, making it impossible to assess unit-level profitability or validate the business model. ✓ On the positive side, the franchise has no litigation or bankruptcy history, but the high cost and lack of growth data present significant risk for prospective franchisees.

Agape is a very small franchise with only 5 total outlets, which raises concerns about brand recognition and operational support. ✓ The franchise fee is $39,500 with a 5% royalty, and the total investment range of $472,500 to $577,000 is substantial for such a limited network. ✓ The company has no litigation or bankruptcy history, and it opened 1 outlet last year with zero closures, indicating stable but minimal growth. ⚠ The extremely small scale and high investment relative to unit count present significant risk for prospective franchisees.

District Dogs is a very small, early-stage franchise with only 5 total outlets, though it shows a clean growth trajectory with 2 openings and zero closures in the last year. ✓ The absence of litigation and bankruptcy provides a clean legal and financial background. ⚠ However, the total investment range of $622,225 to $1,647,450 is substantial for such a nascent network, and the 6.9% royalty is on the higher side for a pet services concept. This franchise offers Item 19 financial data, which is a positive for transparency, but prospective franchisees should weigh the high entry cost against the limited operational track record.

FP Franchisor LLC operates a small, high-investment franchise with only 5 total outlets and a single unit opened in the past year, indicating minimal growth momentum. ✓ The franchise discloses a strong average unit volume of $2,158,683, suggesting robust revenue potential for established locations. ⚠ However, the total investment range of $493,466 to over $3 million is substantial, and the presence of both litigation and bankruptcy history raises significant red flags for prospective franchisees. This concept may appeal to well-capitalized investors seeking a high-reward opportunity, but the lack of scale and legal/financial baggage warrant thorough due diligence.

The Source Chiropractic is a very small, early-stage franchise with only 5 total outlets and zero net growth in the last year, indicating a stalled expansion. Its low total investment range of $82k-$137k and absence of a royalty fee are attractive entry points, but the lack of any royalty structure raises questions about the franchisor's long-term revenue model. ✓ Low initial investment and no royalty fee. ⚠ Minimal brand scale and zero recent unit growth suggest a high-risk, unproven system.

Café Mexicali operates a very small system of just 5 outlets, with a moderate total investment range of $558,200 to $1,242,500 and a $35,000 franchise fee. ✓ The brand shows positive momentum, having opened 1 new outlet in the last year with zero closures, and it provides an Item 19 financial disclosure for transparency. ⚠ However, the extremely limited scale of 5 units presents a significant risk, as the franchise lacks the proven multi-unit operational track record and brand recognition of larger competitors. ✓ The absence of any litigation or bankruptcy history is a clean indicator, but prospective franchisees should carefully evaluate the support infrastructure and unit-level economics of such a nascent network.

The Look Salon Suites is a very small, early-stage franchise with only 5 total outlets, but it shows promising momentum with 3 openings and zero closures in the last year. ✓ The absence of litigation or bankruptcy provides a clean operational history, though the franchise fee of $55,000 and total investment range of $676,000 to $1.2 million are substantial for a brand with such limited scale. ⚠ The 5.5% royalty fee is standard, but the high capital requirement relative to the small system size presents significant risk for prospective franchisees. ✓ The inclusion of Item 19 financial performance data is a positive transparency indicator, though the lack of a proven track record across many units warrants cautious due diligence.

Nurturing Angels Home Care is a very small, early-stage franchise with only 5 total outlets, which presents significant risk due to a lack of proven scalability. ✓ The system shows positive momentum with 2 new openings and zero closures in the last year, and it provides financial performance representations (Item 19) to help validate the model. ⚠ However, the total investment range of $91,650 to $191,100 is relatively low for a home care franchise, which may indicate limited brand infrastructure or support. The absence of litigation and bankruptcy is a clean bill of health, but the tiny network size means franchisees are essentially betting on an unproven concept.

Papa Ray's Pizza & Wings is a very small franchise with only 5 total outlets, and its recent performance is a significant red flag as it opened zero new locations while closing 2 last year, indicating a net contraction. The total investment range of $213,730 to $464,080 is moderate, but the absence of an Item 19 financial disclosure ⚠ prevents any assessment of unit-level profitability or revenue expectations. With a low $15,000 franchise fee and a 5% royalty, the cost structure is relatively lean, yet the lack of growth and lack of financial data ⚠ make this a high-risk opportunity. The absence of litigation or bankruptcy is a minor positive ✓, but the shrinking footprint and opaque financials suggest caution is warranted.

Chill-N Nitrogen Ice Cream operates a very small network of just 5 outlets with no recent growth, as zero new locations opened in the last year. ✓ The brand provides financial disclosure showing an average unit volume (AUV) of $657,949, which is a positive indicator of potential revenue. ⚠ However, the total investment range of $462,411 to $679,315 is substantial for a concept with such limited scale and no expansion momentum. ✓ The absence of litigation or bankruptcy history offers some stability, but the stagnant growth and high entry cost relative to the tiny system present significant risk for prospective franchisees.

Al's #1 Italian Beef operates a very small system of just 5 outlets, with a concerning net closure of 1 unit last year and zero new openings, indicating a stagnant or contracting brand. The total investment range of $640,640 to $1,337,550 is substantial for a single-unit concept with no Item 19 financial disclosure, leaving prospective franchisees without validated performance data. ✓ No litigation or bankruptcy history provides a clean legal record, but ⚠ the lack of financial performance representation and negative unit growth are significant red flags. This franchise carries high risk for investors given its minimal scale, lack of transparency, and inability to demonstrate recent expansion.

Burrito Blvd is a very small, early-stage franchise with only 5 total outlets and zero net growth over the past year, indicating a stalled expansion. ✓ The brand does provide an Item 19 with an average unit volume (AUV) of $636,238, offering some financial transparency. ⚠ However, the total investment range of $345,300 to $554,500 is significant for a concept with no proven recent growth or franchisee validation. ✓ The absence of litigation or bankruptcy is a positive, but the lack of any new openings is a major concern for prospective franchisees.

Sasquatch Strength is a very small, early-stage franchise with only 5 total outlets and zero net growth over the past year, indicating a stalled or pre-growth phase. The total investment range of $359,575 to $493,000 is significant for a brand with no Item 19 financial disclosure, leaving prospective franchisees without validated revenue or profitability data. ⚠ The presence of litigation is a notable red flag, and the $33,750 franchise fee with a 6.5% royalty adds to the financial commitment without proven unit economics. ✓ The absence of any closures and no bankruptcy history provides a minor positive, but the lack of growth and financial transparency makes this a high-risk, speculative opportunity.

SugaringLA Franchise, LLC operates a very small system of just 5 units with zero net growth in the last year, indicating a stalled or pre-growth phase. ✓ The franchise offers a strong financial disclosure with an impressive average unit volume (AUV) of $912,912, suggesting high revenue potential for existing locations. ⚠ However, the total investment range of $303,250 to $416,500 is substantial for a brand with minimal scale, and the $60,000 franchise fee is high relative to the system's size. The absence of litigation and bankruptcy is a positive sign, but the lack of recent openings raises concerns about the brand's ability to expand.

Boba Arena is a very small, early-stage franchise with only 5 total outlets, though it shows strong recent growth by opening 4 units in the last year with zero closures. The total investment range of $160,500 to $340,800 is moderate, and the $15,000 franchise fee with a 5% royalty is competitive. ⚠ A significant risk is the absence of Item 19 financial performance data, making it impossible to validate unit-level profitability or revenue expectations. ✓ The lack of litigation or bankruptcy history provides a clean legal record, but the tiny scale and lack of financial disclosure make this a high-risk, unproven investment.

Osmow’s Fz is a very early-stage franchise with only 5 total outlets, though it shows strong recent growth with 3 openings and zero closures in the last year. The total investment range of $609,897 to $833,117 is substantial for such a small system, and the $35,000 franchise fee plus 6% royalty is standard. ⚠ A major red flag is the absence of Item 19 financial performance data, making it impossible to assess unit-level profitability or validate the business model. ✓ Positives include no litigation or bankruptcy history, but the lack of financial disclosure and tiny scale present significant risk for prospective franchisees.

Froggy’s Franchise LLC is a very small, early-stage system with only 5 total outlets, which presents limited proof of concept and brand recognition. ✓ The franchise offers a relatively low entry cost with a $20,000 fee and total investment starting at $182,500, and it has a clean legal record with no litigation or bankruptcy. ⚠ However, the extremely slow growth—just 1 net new outlet opened in the last year—raises concerns about the brand's scalability and market demand. ✓ The presence of an Item 19 financial disclosure provides some transparency, but the tiny unit count makes those figures statistically unreliable for prospective franchisees.

ChillRx Franchising, LLC operates a very small, early-stage network of just 5 total outlets, having added 2 units last year with zero closures, indicating a nascent but positive growth trajectory. The total investment range of $365,838 to $448,638 is moderate for a franchise concept, supported by a $25,000 franchise fee and a 6% royalty. ✓ The absence of any litigation or bankruptcy history is a clean mark for the franchisor. ⚠ However, the extremely limited scale of 5 units provides minimal validation of the business model or system-wide performance.

Taqueria Los Comales is a very small franchise system with only 5 total outlets, having added 1 net new location last year with no closures, indicating stable but nascent growth. The total investment range of $140,500 to $442,000 is moderate, though the $25,000 franchise fee and 5% royalty are standard for the segment. ⚠ A significant red flag is the absence of Item 19 financial performance disclosure, leaving prospective franchisees without any validated revenue or profit data to assess unit economics. ✓ The clean legal history with no litigation or bankruptcy provides some baseline comfort, but the lack of financial substantiation makes this a high-risk, speculative opportunity.

Color World Franchise Systems, LLC is a micro-scale franchise with only 5 total outlets and zero net growth over the past year, indicating a stagnant or nascent system. ✓ The low total investment range of $72,260 to $143,200 and absence of litigation or bankruptcy history reduce financial risk for prospective franchisees. ⚠ However, the $49,500 franchise fee is disproportionately high relative to the total investment, and the 6% royalty adds ongoing cost pressure on a very small network with no proven expansion. The inclusion of Item 19 financial disclosure is a positive, but the lack of any recent openings raises concerns about the brand's market traction and scalability.

Yukdaejang America, Inc. is a micro-scale franchise with only 5 total outlets and zero net growth over the past year, indicating a stagnant or pre-revenue stage. ✓ The absence of litigation and bankruptcy provides a clean legal record, but ⚠ the lack of Item 19 financial disclosure prevents any assessment of unit-level profitability or performance. The total investment range of $286,000 to $490,000 is moderate for a food concept, yet the $35,000 franchise fee and 5% royalty are standard. ⚠ Without any new openings or historical expansion data, this franchise presents a high-risk profile for investors seeking proven operational traction.

Iron 24 Franchising operates a very small network of just 5 total outlets, indicating a nascent or struggling franchise system with limited proof of concept. The total investment range of $169,350 to $422,250 is moderate, but the 7.0% royalty is on the higher side for a brand with such minimal scale. ⚠ A significant red flag is the presence of litigation, which raises concerns about franchisee relations or operational disputes. ✓ The inclusion of Item 19 financial performance data is a positive, but the lack of any outlet growth or closure data makes it impossible to assess the system's stability or trajectory.

RPG Franchising, LLC operates a very small network of just 5 total outlets, with only 1 new location opened and 0 closures in the last year, indicating a nascent but stable growth trajectory. ✓ The low total investment range of $25,200 to $96,250 and a minimal franchise fee of $5,000 make this an exceptionally accessible entry point for prospective franchisees. ⚠ However, the extremely limited scale and lack of significant unit growth suggest the brand is still in its early validation phase, carrying higher execution risk. ✓ The absence of litigation and bankruptcy, combined with the availability of Item 19 financial performance data, provides a transparent foundation for due diligence.

Brightstar Senior Living Franchising operates a small network of just 5 total outlets, with a modest growth trajectory of 1 net new opening and no closures last year. ✓ The franchise offers a wide total investment range of $201,308 to $2,202,720, reflecting significant variability in setup costs, and provides an Item 19 financial disclosure for transparency. ⚠ However, the presence of litigation is a notable red flag, and the $50,000 franchise fee with a 5.0% royalty adds ongoing cost pressure for such a nascent system. Overall, this is a high-risk, early-stage opportunity with limited scale and legal concerns that warrant careful due diligence.

Buena Onda is a very small, early-stage franchise with only 5 total outlets, though it showed positive momentum by opening 2 units last year with no closures. The total investment is substantial, ranging from $470,900 to $883,500, but the reported average unit volume (AUV) of $1,516,688 is a strong ✓ that suggests healthy revenue potential for a concept at this scale. However, there are significant ⚠ red flags, including both litigation and a bankruptcy filing in the company's history, which demand careful due diligence. The $40,000 franchise fee and 6% royalty are standard, but the high entry cost combined with the legal and financial risks makes this a high-risk, high-reward opportunity.

Bartercard USA, Inc. (Unit Franchise) is a micro-scale concept with only 5 total outlets, though it shows strong recent momentum with 4 openings and zero closures in the last year. ✓ The total investment range of $99,450 to $227,450 is relatively low for a franchise, and the absence of litigation or bankruptcy filings suggests a clean legal history. ⚠ However, the lack of a stated royalty fee is unusual and may indicate a different revenue model that requires careful scrutiny. ✓ The presence of Item 19 financial disclosure provides some transparency, but the tiny unit count makes historical performance data statistically unreliable.

Always Ice Cream System operates a very small network of just 5 outlets, indicating a nascent or highly localized brand with no disclosed growth trajectory. The total investment range of $248,625 to $512,500 is substantial for a concept with no Item 19 financial performance data, creating significant uncertainty for prospective franchisees. ⚠ The absence of any financial disclosure is a major red flag, as it prevents any assessment of unit-level profitability or revenue expectations. ✓ The lack of litigation or bankruptcy history provides a clean legal record, but the high cost and lack of performance data make this a high-risk, speculative opportunity.

Exotic Snack Guys is a very early-stage franchise with only 5 total outlets, but it shows explosive growth having opened 4 units in the last year with zero closures. ✓ The brand provides a strong financial disclosure (Item 19) with an average unit volume of $710,119, which is compelling for a relatively low total investment range of $161,500 to $290,900. ⚠ However, the high $49,900 franchise fee relative to the small system size and limited operational history presents significant risk for early adopters. ✓ With no litigation or bankruptcy history and a 5% royalty, the concept offers a clean financial profile, but investors must weigh the promising AUV against the lack of a proven multi-unit track record.

BGM Holdings, Inc. operates a very small, 5-unit franchise system with a low total investment of $38,340 to $45,340 and a $25,000 franchise fee. ⚠ The absence of Item 19 financial performance data prevents any assessment of unit-level profitability, a significant risk for prospective franchisees. ✓ The system shows no litigation or bankruptcy history, but ⚠ its growth is stagnant, with only 1 outlet opened and 1 closed in the last year, indicating no net expansion. This is a micro-franchise with minimal scale and no financial disclosure, making it a high-risk, speculative opportunity.

Tee Box operates a very small system of just 5 outlets with no recent growth, as it opened and closed zero locations last year. ✓ The franchise provides financial disclosure with an average unit volume (AUV) of $281,960, offering some revenue transparency. ⚠ However, the total investment range of $496,000 to $797,500 is substantial for such a nascent brand, and the 8.0% royalty fee is relatively high. ⚠ The lack of any unit expansion and the small scale present significant risk for prospective franchisees.

OddFellows Franchise, LLC operates a very small network of just 5 outlets, with a moderate total investment range of $234,300 to $591,000 and a $30,000 franchise fee. ⚠ A significant red flag is the net closure of 2 outlets last year with zero new openings, indicating a contracting system rather than growth. ✓ The absence of litigation and bankruptcy provides some stability, but the negative unit growth trajectory is a major concern for prospective franchisees. ✓ While the brand does provide an Item 19 financial disclosure, the shrinking footprint demands careful scrutiny of those performance representations.