SURFACE EXPERTS

Since launching franchises in 2018, Surface Experts has expanded from 59 locations in 2022 to 72 in 2023—a robust 22% growth rate—now stabilizing at 70 units. Projections call for 19 new openings, signaling confidence amid just 1 termination and 2 transfers in the latest FDD. Item 7 outlines initial investment from $140,840 to $227,475, including a $75,000 franchise fee, one wrapped vehicle, and staffing for a lead tech and business developer. This low-overhead mobile setup keeps cash needs modest compared to brick-and-mortar peers, with 36 SBA loans averaging $155,964 and an impressive 2.8% default rate underscoring lender trust and franchisee viability.

Item 19 reveals average gross revenue of $533,307 across reporting units, a solid benchmark for a six-year-old system in home services. Royalties hit 8% of gross sales or a $1,600 monthly minimum after year one, plus a 4% support center fee on sales over $80,000 monthly, up to 2% brand fund (currently waived), and a flat $240 monthly technology fee—stacking to potentially 14%+ on high performers. For investors eyeing $500K+ top-line potential with minimal fixed assets, the numbers suggest scalability in underserved repair niches, but the fee minimums could squeeze early ramp-up; strong growth and clean health metrics position it as a contender worth modeling against local market saturation.