TREND Transformations/Granite Transformations

Item 7 of the 2025 FDD pegs total initial investment at $176,411 to $315,817, including a $45,000 franchise fee, with ongoing fees hitting 5% royalty, 3% brand/ad fund, and up to $500 monthly technology surcharge—higher than many home services peers averaging 6-8% total. No Item 19 disclosure means no median gross sales or profit figures, forcing reliance on opaque projections and the franchisor's claim of 6 new units planned. With only 31 franchised and 3 corporate locations down from 32 last year—a 3% contraction—and 1 termination noted, the system's maturity feels stagnant against booming competitors like Bath Fitter or local independents.

SBA data amplifies concerns: 13 loans averaging $301,069 but a sky-high 38.5% default rate signals severe cash flow issues for owners tackling kitchen/bath installs from Sebring, FL-based ops centers. Litigation involves ex-franchisee suits over wrongful terminations, non-compete fights, and IP misuse, plus a bankruptcy history in the brand's past. For hands-on operators eyeing territories, these metrics scream caution—high upfront costs and financing risks could trap you in a low-growth remodel niche without proven earnings transparency.