GOTCHA COVERED
Gotcha Covered franchises operate mobile businesses that sell and install window treatments, including draperies, fabrics, drapery hardware, bedroom ensembles, blinds, shades, and other related merchandise. Franchisees meet customers in their homes or offices to present samples, quote prices, complete orders, and typically subcontract installations to third-party contractors. They target both residential consumers and commercial businesses in the competitive interior decorating sector.
Disclaimer: This information was extracted using AI from public Franchise Disclosure Documents and should be independently verified. This is not financial or legal advice. Always review official FDD filings before making investment decisions.
Overview
Financial Requirements
Tiered monthly royalty ($350/mo ramping to $2,000/mo + $0.06 per household over 30,000) + tiered monthly marketing fund ($125/mo ramping to $1,000/mo) + $100/mo technology + $200-500/mo software + $250-275/mo digital presence + $28/mo email (annual $336).
Franchise Stats
Financial Performance
Item 19 Financial Performance
This franchise did not provide Item 19 financial performance data.
Be careful if you are interested in investing. The lack of financial performance representations may indicate limited data or varying results across franchises.
Extracted Item 19 Section
How GOTCHA COVERED Compares to Other Home Services Franchises
Key Insights
- Lower than average SBA loan default rate in Home Services
| Franchise | Investment Range | Franchise Fee | Royalty | Locations |
|---|---|---|---|---|
GOTCHA COVERED Current | $112K - $146K | $70K | N/A | 153 |
| MERRY MAIDS | $127K - $166K | $55K | 7.0% | 933 |
| HOLIDAY LIGHTING HEROES | $150K - $177K | $127K | 10.0% | 653 |
| SIGN GYPSIES | $4K - $5K | $1K | N/A | 587 |
| MOSQUITO AUTHORITY | $54K - $128K | $45K | 10.0% | 546 |
| Culligan | $130K - $814K | $40K | 2.0% | 460 |
Home Services Average 129 franchises | $144K - $289K | $53K | 7.0% | - |
* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 129 Home Services franchises by location count.
Locations & Growth
Outlet Growth Over Time
Total outlets at end of each year
Geographic Distribution (2024)
Outlets by state across the United States
+23 more states
SBA Loan History
Historical SBA 7(a) loan data for GOTCHA COVERED franchisees (2015 - 2025)
Loans by Year
* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.
Franchisee Contacts
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Due Diligence
Litigation (Item 3)
No litigation involving franchisees reported in the FDD.
Bankruptcy (Item 4)
No bankruptcy history reported in the FDD.
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
Frequently Asked Questions
How much does it cost to open a GOTCHA COVERED franchise?
The total initial investment to open a GOTCHA COVERED franchise ranges from $111,760 to $145,500. This includes a franchise fee of $69,900.
How many GOTCHA COVERED franchise locations are there?
As of the 2025 FDD, GOTCHA COVERED has 153 franchise locations. The company has been franchising since 2009.
Can you get an SBA loan for a GOTCHA COVERED franchise?
Yes, SBA loans are available for GOTCHA COVERED franchises. Historical data shows 46 SBA 7(a) loans have been approved for GOTCHA COVERED franchisees, with an average loan amount of $136,252. The historical default rate is 8.7%.
Is GOTCHA COVERED a good franchise to buy?
GOTCHA COVERED shows several positive indicators: established brand with 153+ locations, low SBA loan default rate. However, franchise success depends on many factors including location, local market conditions, and owner involvement. We recommend speaking with existing franchisees and consulting with a franchise attorney before making a decision.
Interested in GOTCHA COVERED?
Talk to a franchise advisor to get personalized guidance and learn if GOTCHA COVERED is the right fit for you.
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