SKYRUN; SKYRUN VACATION RENTALS

Delve into Item 7: SkyRun's initial investment spans $105,080-$153,980, kicked off by a $55,000 franchise fee, making it accessible for property management plays targeting resort and urban second-home owners. Ongoing costs include 5% royalty on gross revenues, 1% brand/ad fund, plus fixed $160 monthly technology fee and $100-$200 customer service SaaS—totaling lean overhead for a tech-heavy operation. With franchising since 2022 from Broomfield, CO, the system ballooned from 33 to 41 franchise locations (plus 7 corporate) in 2024—a robust 24% growth—projecting just 4 new units but logging 3 transfers, signaling steady if measured momentum without red flags like mass closures.

Item 19's presence is a goldmine, providing median revenue snapshots across units to gauge true earning potential in vacation rentals, where transient bookings can spike seasonally. Two SBA loans averaging $250,000 underscore franchisees' ability to leverage financing for scaling, a boon in a capital-light model. For buyers eyeing property management's lucrative margins, SkyRun's 41-unit footprint means prime territories remain open amid tourism's post-pandemic surge—but scrutinize local market saturation and that proprietary TRACK system's real-world uptime before committing.