IFOAM

IFOAM

iFoam franchises specialize in providing spray foam insulation products and services to residential and commercial customers, including attic, crawl space, agricultural, industrial, and commercial insulation installations, as well as blow-in and removal services. Franchisees operate within protected territories using the franchisor's proprietary business system, which encompasses property assessment methods, installation procedures, customized software, and operational guidelines for scheduling, estimating, production, and sales. The target market includes residential and commercial property owners, builders, and property managers seeking high-quality insulation solutions.

92
Locations
$131K–$181K
Investment
Since 2022
Franchising
Download FDD
ServicesOmaha, NEJEZ Investments LLCwww.ifoam.comDisclaimer

Franchise Costs


Franchise Fee
$15,000
Item 5 of FDD
Initial Investment Range
$131,099 $181,007
Low: $131,099High: $181,007
Item 7 of FDD
Royalty Rate
N/A
Brand Fund
N/A
Item 6 of FDD

$3,000/mo franchise fee (greater of $3,000 or $3 per 1,000 population)

Financial Performance


Item 19 Financial Performance

Average Gross Revenue
$1,763,240
Median Gross Revenue
$1,427,407
Top Quartile Revenue
$3,474,182
Bottom Quartile Revenue
$517,494

Data Based On: 19 franchised outlets (Reporting Businesses) operating for the entire 2025 calendar year.

* Average Gross Revenue is taken directly from the 'Total System' row 'Average Gross Sales per Group' in Table 1. This value is consistent with a weighted average calculation of the 'Average Gross Sales per Group' for each quartile based on the respective '# of Franchisees in Group'. The document explicitly states that Item 19 does not disclose any cost, expense, or profit information, so profit-related fields are null.

Extracted Item 19 Section

Avg. Revenue: $1,763,240

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IFOAM Franchise Analysis


Spray foam insulation promises energy-efficient appeal in home improvement, yet iFoam's rapid franchising launch in 2022 coincides with system-wide shifts that demand scrutiny. Item 19 earnings data highlights performance disparities, while SBA financing history uncovers franchisee leverage patterns. Could this blend of high-potential revenue and recent dips represent a calculated entry point or hidden pitfalls?

Financials paint a picture of accessible entry with substance: Item 7 estimates total investment at $131,099-$181,007, including a $15,000 franchise fee. Ongoing royalties hit $3,000 monthly or $3 per 1,000 population in your territory—higher than many service peers, potentially pressuring cash flow in smaller markets. Item 19 shines brightly with average gross revenue of $1,763,240 and median $1,427,407 across units, suggesting strong top-line scalability for skilled operators in residential/commercial installs. SBA stats bolster viability: 68 loans averaging $428,874 carry just a 2.9% default rate, well below category norms and signaling solid franchisee repayment track records.

System maturity lags with 92 franchise locations (down 8% from 100 in 2024) plus 4 corporate, amid 21 terminations, 6 transfers, and only 5 projected new units—flagging possible absorption issues or market saturation early on. A single settled lawsuit from a former franchisee against the parent company adds a litigation watch, though isolated. For home services investors eyeing $1M+ revenue upside, iFoam's proprietary tools offer edge, but contraction and elevated exits underscore execution risks; weigh territory protection against these health metrics before committing.

Analysis based on the 2026 Franchise Disclosure Document. All figures should be independently verified before making investment decisions.

How IFOAM Compares

FranchiseInvestmentFeeRoyaltyLocations
IFOAM
Current
$131K – $181K$15KN/A92
BUDGET BLINDS$101K – $211K$20K3.5%1,366
Koala Insulation$195K – $242K$50K6.5%333
Five Star Bath Solutions$162K – $334K$60K6.0%306
CERTA PROPAINTERS$171K – $321K$65KN/A303
FCI$184K – $249K$55K5.0%288
Home Improvement Average
63 franchises
$139K – $247K$51K6.2%

* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 63 Home Improvement franchises by location count.

Locations & Growth


Outlet Growth Over Time

Total outlets at end of each year

Geographic Distribution (2025)

Outlets by state across the United States

Top States
1TX
26
2CO
13
3AZ
11
4UT
8
5FL
6
6AL
6
7OH
4
8NC
3
9AR
3
10ID
3
11TN
3
12GA
3
13MO
2
14ND
1
15WV
0

+7 more states

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SBA Loan History


Historical SBA 7(a) loan data for IFOAM franchisees (20222024)

Total Loans
68
Average Loan
$428,874
Total Volume
$29.2M
Default Rate
2.9%

Loans by Year

SBA 7(a) loan activity over time

* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.

68 SBA loans on record

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Franchisee Contacts


20 franchisee contacts on file from official FDD filings.

20 Contacts Available

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Due Diligence


Litigation (Item 3)

Franchisee Cases1

One settled lawsuit by former iFoam franchisee against HPB Foam LLC, parent company, affiliates, and executives.

Bankruptcy (Item 4)

Bankruptcy HistoryNo
No bankruptcy history reported

System Health (Item 20)

Franchise system changes reported in the most recent fiscal year

Terminations
21
Non-Renewals
0
Reacquired
0
Ceased Ops
0
Transfers
6
Sold to Franchisees
0
Projected New
5

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Frequently Asked Questions


The total initial investment to open a IFOAM franchise ranges from $131,099 to $181,007. This includes a franchise fee of $15,000.

Download IFOAM FDD

Complete Franchise Disclosure Document — 2026 filing.

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