BLUEFROG PLUMBING + DRAIN

Item 7 lays out the initial investment from $144,498 to $345,648, including a $59,900 franchise fee, covering trucks, tools, and inventory for these turnkey plumbing operations. Ongoing fees hit 6% royalty plus 2% brand fund, $399 monthly tech fee, and $299 digital marketing—stacking to about 8-9% total plus fixed costs that eat into margins. Item 19 shines here: average gross revenue clocks $1,169,461, but median at $564,419 shows top performers skew the average, meaning half the units pull under $600K before expenses. For a buyer eyeing $300K investment, hitting median sales might yield slim profits after 20-25% operating costs typical in services.

System metrics mix promise and caution: 35 locations in 2024 down 17% from 42 in 2023, with 14 terminations, 2 transfers, but 15 projected new units signaling rebound intent. SBA data bolsters credibility—14 loans averaging $166,421, low 7.1% default—suggesting banks see viability despite contraction. Franchising since 2014 from Dallas HQ, this brand's proprietary leak detection edges competition, but buyers must weigh if -17% drop stems from market saturation or execution issues before committing in a field where repeat service calls drive longevity.