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.
Franchise Costs
$3,000/mo franchise fee (greater of $3,000 or $3 per 1,000 population)
Financial Performance
Item 19 Financial Performance
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
| Franchise | Investment | Fee | Royalty | Locations |
|---|---|---|---|---|
IFOAM Current | $131K – $181K | $15K | N/A | 92 |
| BUDGET BLINDS | $101K – $211K | $20K | 3.5% | 1,366 |
| Koala Insulation | $195K – $242K | $50K | 6.5% | 333 |
| Five Star Bath Solutions | $162K – $334K | $60K | 6.0% | 306 |
| CERTA PROPAINTERS | $171K – $321K | $65K | N/A | 303 |
| FCI | $184K – $249K | $55K | 5.0% | 288 |
Home Improvement Average 63 franchises | $139K – $247K | $51K | 6.2% | – |
* 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
+7 more states
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SBA Loan History
Historical SBA 7(a) loan data for IFOAM franchisees (2022 – 2024)
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)
One settled lawsuit by former iFoam franchisee against HPB Foam LLC, parent company, affiliates, and executives.
Bankruptcy (Item 4)
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
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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.
Best Value — Save with Full Access
- Access the full database of 1,700+ franchise FDDs
- Franchisee names, phone numbers & locations
- Revenue data, fees, investment breakdowns
- SBA loan history & default rates
- Litigation, bankruptcy & due diligence data
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Download IFOAM FDD
Complete Franchise Disclosure Document — 2026 filing.
Best Value — Save with Full Access
- Access the full database of 1,700+ franchise FDDs
- Franchisee names, phone numbers & locations
- Revenue data, fees, investment breakdowns
- SBA loan history & default rates
- Litigation, bankruptcy & due diligence data
- Pay once, access everything forever
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