ZEROREZ Franchising Systems
Franchise research report · reviewed 2026 disclosure data
Researching ZEROREZ Franchising Systems franchise opportunities? Every figure below is cited to the FDD.
Zerorez franchises provide carpet, tile, upholstery, fabric, and other surface-cleaning services, with optional services such as air-duct and wood-floor cleaning. Franchisees operate within a designated geographic territory using the brand’s cleaning system, equipment, and supplies.
Headline figures
ZEROREZ Franchising Systems quick facts
- Is ZEROREZ Franchising Systems a franchise?
- Yes. ZEROREZ Franchising Systems offers franchises through a Franchise Disclosure Document. At the end of 2025, it reported 60 franchised and 22 company-owned outlets (2026 FDD, Item 20, PDF p. 48).
- How much does it cost to open a ZEROREZ Franchising Systems franchise?
- The ZEROREZ Franchising Systems Franchise Disclosure Document reports separate estimated initial investments by format: $218,718–$410,698 for total investment: $218,718 - $410,698 (2026 FDD, Item 7, PDF p. 19); $262,394–$618,706 for total initial investment: $262394–$618706 (2025 FDD, Item 7, PDF p. 20). These formats are not combined. Each is the franchisor's disclosed estimate, not a quote. Details
- What ongoing fees does ZEROREZ Franchising Systems charge?
- The disclosed ongoing royalty is 6% (2026 FDD, Item 6, PDF p. 14). The brand or advertising fund contribution is 1% (2026 FDD, Item 6, PDF p. 15). Other recurring fees are listed in Item 6. Details
- Does ZEROREZ Franchising Systems disclose financial performance (Item 19)?
- Yes. The ZEROREZ Franchising Systems FDD includes an Item 19 financial performance representation (2026 FDD, Item 19, PDF p. 46). Figures apply only to the locations and period each one covers. Details
- How many ZEROREZ Franchising Systems locations are there?
- The FDD reports 82 outlets at the end of 2025 (2026 FDD, Item 20, PDF p. 48). Existing locations do not indicate territory availability. Details
- Is ZEROREZ Franchising Systems a good franchise to buy?
- Franopolis does not rate or recommend franchises. From the reviewed FDD: Item 19 includes financial performance figures; check which locations and period they cover; Item 20 lists outlet openings, closures and transfers; Item 6 includes a brand or advertising fund contribution on top of royalty; Item 20 also lists current and former franchisees you can contact. Review the full FDD with a franchise attorney and accountant before deciding.
From reviewed FDD figures only. Not a recommendation or projection.
What the disclosures show
- 1Opening costs are estimated at $218,718 – $410,698 in the 2026 FDD (Item 7); several initial fee options apply.
- 2Item 19 covers 2 separate groups: revenue and other measures and costs and profit for 43 locations; revenue and other measures for 43 locations. They are not combined.
- 3Outlets grew by 3 in 2025, to 82 (Systemwide, as labeled in the FDD, Item 20).
From reviewed FDD figures only. Not a recommendation or projection.
ZEROREZ Franchising Systems head-to-head
Closest peers in the same subcategory, side by side from reviewed FDD figures. Not a ranking or recommendation.
Costs · Items 5–7
What does it cost to open?
Estimated opening costs and the fees payable to the franchisor.
Startup Investment — Item 7
Total estimated initial investment
2026 FDD · Item 7 · PDF p. 19
Ongoing Fees — Item 6
Selected recurring charges; payment bases and conditions remain attached to each fee.
- Royalty percentageMain ongoing fee
44 reported fees, each with its payment basis, are listed below; they haven't been sorted into recurring, initial and occasional groups yet.
Financial Performance — Item 19
What results are disclosed—and for which locations?
Two separate populations, not a revenue-and-profit comparison. Revenue is not owner income.
43 locations
Revenue, costs, profit and other measures · 43 locations
- Who is counted
- Zerorez franchise operations included in Table 1, with at least one year of operating history
- Period
- Low (2025)
- Excluded
- Five franchises closed during 2025 and two franchisees transferred their franchise to a new owner during 2025; none of these locations are included. Of 60 total franchisees, 17 are excluded from Table 1: five had less than one year of operating history and 12 did not properly report.
- Method
- Unaudited 2025 franchise operation data; average, median, high, and low as labeled.
These groups are never combined.
Outlet Changes — Item 20
How has the outlet count changed?
Systemwide, as labeled in the FDD · counts as of 2025 of each year.
2026 FDD · Item 20 · PDF p. 48
Net +8 outlets, 2022–2025
Year-end counts reported in Item 20. The scale starts at zero; the labels between the dots show each year's change. Openings and closures for 2025 haven't been pulled from the Item 20 tables yet, so no turnover or churn is shown.
Questions to investigate
Prompts based on what this brand's reviewed disclosures do and don't show — not conclusions. Join free as a member to save questions to your research.
For the franchisor
Which line items in the 2026 Item 7 estimate ($218,718 – $410,698) vary most by market, and why?
Which initial fee option would apply to my situation, and what conditions or discounts affect it?
Which locations are included in the Item 19 figures, and which were excluded?
Reported units went from 79 to 82 in 2025. How many new units opened, closed or changed hands?
Is a territory available in my area, and how is it defined in my agreement?
For current and former owners
How did your actual startup costs and timeline compare with the Item 7 estimate?
How many hours a week do you work in the business, and in what role?
How do your results compare with the Item 19 figures, and what explains the difference?
What support from the franchisor has been most and least useful?
For your advisors
Ask a franchise attorney to review the territory, renewal, transfer and termination terms.
Ask an accountant to build a cash-flow plan using your own assumptions, not the franchisor's.
Sources & vintage history
Every displayed fact is retained with its disclosure vintage, item, page, and reviewed status. Prior vintages remain on file rather than being overwritten.
Citations (2026 FDD)
- [1]Estimated initial investment — Item 7 · PDF p. 19
- [2]Item 19 — Locations counted not stated in the reviewed record — Zerorez franchise operations included in Table 1, with at least one year of ope… · PDF p. 46
- [3]Item 19 — Locations counted not stated in the reviewed record — Zerorez franchise operations included in the 2025 Item 19 data, with at least o… · PDF p. 47
- [4]Outlet counts — Item 20, Table 1 · PDF p. 48
"PDF p." is the page in the PDF file; "printed p." is the number printed on the FDD page.
Territory & operations
These are contract disclosures, not confirmation that any territory is currently available.
Legal & agreement
Franchisor financial statements
| Fiscal year | Measure | Reported value |
|---|---|---|
| 2024 | 2024 balance sheetMore than one value recorded for this year — open the FDD source before comparing | $13,850,724 |
| 2024 | 2024 balance sheetMore than one value recorded for this year — open the FDD source before comparing | $49,670,503 |
| 2024 | 2024 balance sheetMore than one value recorded for this year — open the FDD source before comparing | $1,113,081 |
| 2024 | 2024 balance sheetMore than one value recorded for this year — open the FDD source before comparing | $4,972,054 |
| 2024 | 2024 balance sheetMore than one value recorded for this year — open the FDD source before comparing | $744,962 |
| 2024 | 2024 balance sheetMore than one value recorded for this year — open the FDD source before comparing | $5,387,500 |
| 2024 | 2024 balance sheetMore than one value recorded for this year — open the FDD source before comparing | $14,854,662 |
| 2024 | 2024 balance sheetMore than one value recorded for this year — open the FDD source before comparing | $4,203,179 |
| 2024 | 2024 balance sheetMore than one value recorded for this year — open the FDD source before comparing | $8,740,570 |
| 2024 | 2024 balance sheetMore than one value recorded for this year — open the FDD source before comparing | $71,387,981 |
| 2024 | 2024 balance sheetMore than one value recorded for this year — open the FDD source before comparing | $1,121,223 |
| 2024 | 2024 statement of operationsMore than one value recorded for this year — open the FDD source before comparing | $28,338,365 |
These figures describe the franchisor company, not individual franchise locations.
What changed from 2025 to 2026
- Estimated initial investment: $262,394 – $618,706 → $218,718 – $410,698
- Franchise fee: $100 → $50,000
- System size: 158 → 82 units
SBA-backed loans to franchisees
Loading…
Source: U.S. Small Business Administration 7(a) & 504 FOIA data. Loan volume is not a measure of franchisee success.
Related research
Brands in the same subcategory first, then the wider industry, ordered by shared business format, overlapping investment range, Item 20 outlet count and search interest. This is not a ranking or recommendation.
Chem-DrySSStanley Steemer Carpet Cleaner
Heaven's Best
Fish Window Cleaning Services, Inc.
Martinizing
Window GenieHead-to-head comparisons
At a glance
Business history
Not reviewed
Owner participation
Not reviewed
Territory language
Litigation disclosure
Not reviewed
Bankruptcy disclosure
Not reviewed
Agreement term
Not reviewed
Reader notes on wording
Our automated check found that these summaries may not match the FDD's exact wording. Read the FDD excerpt itself; it is the authoritative text. Core cost, fee, Item 19 and outlet figures are not affected.
Item 19 · PDF p. 48 · 2025 FDD
Our summary: Table 2 average share of Total Gross Revenue — Jan
“Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 6.0% 6.4% 7.7% 8.2% 9.3% 9.0% 9.2% 9.4% 8.3% 9.5% 9.5% 7.4%”
Note: Table 2 reports monthly average shares but does not give a whole-number count of locations behind the averages. The required sample size cannot be confirmed.
Item 19 · PDF p. 48 · 2025 FDD
Our summary: Table 2 average share of Total Gross Revenue — Jun
“Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 6.0% 6.4% 7.7% 8.2% 9.3% 9.0% 9.2% 9.4% 8.3% 9.5% 9.5% 7.4%”
Note: The page reports monthly average revenue shares but does not state the whole-number location count for Table 2. The sample size cannot be confirmed from the cited context.
Item 19 · PDF p. 48 · 2025 FDD
Our summary: Table 2 average share of Total Gross Revenue — May
“Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 6.0% 6.4% 7.7% 8.2% 9.3% 9.0% 9.2% 9.4% 8.3% 9.5% 9.5% 7.4%”
Note: The page reports monthly average revenue shares but does not state the whole-number location count for Table 2. The sample size cannot be confirmed from the cited context.
Item 19 · PDF p. 48 · 2025 FDD
Our summary: Table 2 average share of Total Gross Revenue — Dec
“Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 6.0% 6.4% 7.7% 8.2% 9.3% 9.0% 9.2% 9.4% 8.3% 9.5% 9.5% 7.4%”
Note: Table 2 reports monthly average shares but does not state the whole-number count of locations behind those averages, so the required sample size cannot be confirmed.
Item 19 · PDF p. 48 · 2025 FDD
Our summary: Table 2 average share of Total Gross Revenue — Jul
“Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 6.0% 6.4% 7.7% 8.2% 9.3% 9.0% 9.2% 9.4% 8.3% 9.5% 9.5% 7.4%”
Note: Table 2 reports monthly average shares but does not give a whole-number count of locations behind the averages. The required sample size cannot be confirmed.
Item 19 · PDF p. 48 · 2025 FDD
Our summary: Table 2 average share of Total Gross Revenue — Aug
“Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 6.0% 6.4% 7.7% 8.2% 9.3% 9.0% 9.2% 9.4% 8.3% 9.5% 9.5% 7.4%”
Note: Table 2 reports monthly average shares but does not give a whole-number count of locations behind the averages. The required sample size cannot be confirmed.
Item 19 · PDF p. 48 · 2025 FDD
Our summary: Table 2 average share of Total Gross Revenue — Jan
“Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 6.0% 6.4% 7.7% 8.2% 9.3% 9.0% 9.2% 9.4% 8.3% 9.5% 9.5% 7.4%”
Note: The page reports monthly average revenue shares but does not state the whole-number location count for Table 2. The sample size cannot be confirmed from the cited context.
Item 19 · PDF p. 48 · 2025 FDD
Our summary: Table 2 average share of Total Gross Revenue — Oct
“Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 6.0% 6.4% 7.7% 8.2% 9.3% 9.0% 9.2% 9.4% 8.3% 9.5% 9.5% 7.4%”
Note: Table 2 reports monthly average shares but does not state the whole-number count of locations behind those averages, so the required sample size cannot be confirmed.
Item 19 · PDF p. 48 · 2025 FDD
Our summary: Table 2 average share of Total Gross Revenue — Jun
“Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 6.0% 6.4% 7.7% 8.2% 9.3% 9.0% 9.2% 9.4% 8.3% 9.5% 9.5% 7.4%”
Note: Table 2 reports monthly average shares but does not give a whole-number count of locations behind the averages. The required sample size cannot be confirmed.
Item 19 · PDF p. 48 · 2025 FDD
Our summary: Table 2 average share of Total Gross Revenue — Oct
“Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 6.0% 6.4% 7.7% 8.2% 9.3% 9.0% 9.2% 9.4% 8.3% 9.5% 9.5% 7.4%”
Note: Table 2 reports monthly average shares but does not give a whole-number count of locations behind the averages. The required sample size cannot be confirmed.
Item 19 · PDF p. 48 · 2025 FDD
Our summary: Table 2 average share of Total Gross Revenue — Aug
“Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 6.0% 6.4% 7.7% 8.2% 9.3% 9.0% 9.2% 9.4% 8.3% 9.5% 9.5% 7.4%”
Note: The page reports monthly average revenue shares but does not state the whole-number location count for Table 2. The sample size cannot be confirmed from the cited context.
Item 19 · PDF p. 48 · 2025 FDD
Our summary: Table 2 average share of Total Gross Revenue — Jul
“Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 6.0% 6.4% 7.7% 8.2% 9.3% 9.0% 9.2% 9.4% 8.3% 9.5% 9.5% 7.4%”
Note: The page reports monthly average revenue shares but does not state the whole-number location count for Table 2. The sample size cannot be confirmed from the cited context.
Item 19 · PDF p. 48 · 2025 FDD
Our summary: Table 2 average share of Total Gross Revenue — Mar
“Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 6.0% 6.4% 7.7% 8.2% 9.3% 9.0% 9.2% 9.4% 8.3% 9.5% 9.5% 7.4%”
Note: Table 2 reports monthly average shares but does not give a whole-number count of locations behind the averages. The required sample size cannot be confirmed.
Item 19 · PDF p. 48 · 2025 FDD
Our summary: Table 2 average share of Total Gross Revenue — Feb
“Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 6.0% 6.4% 7.7% 8.2% 9.3% 9.0% 9.2% 9.4% 8.3% 9.5% 9.5% 7.4%”
Note: The page reports monthly average revenue shares but does not state the whole-number location count for Table 2. The sample size cannot be confirmed from the cited context.
Item 19 · PDF p. 48 · 2025 FDD
Our summary: Table 2 average share of Total Gross Revenue — Sep
“Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 6.0% 6.4% 7.7% 8.2% 9.3% 9.0% 9.2% 9.4% 8.3% 9.5% 9.5% 7.4%”
Note: The page reports monthly average revenue shares but does not state the whole-number location count for Table 2. The sample size cannot be confirmed from the cited context.
Item 19 · PDF p. 48 · 2025 FDD
Our summary: Table 2 average share of Total Gross Revenue — May
“Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 6.0% 6.4% 7.7% 8.2% 9.3% 9.0% 9.2% 9.4% 8.3% 9.5% 9.5% 7.4%”
Note: Table 2 reports monthly average shares but does not give a whole-number count of locations behind the averages. The required sample size cannot be confirmed.
Item 19 · PDF p. 48 · 2025 FDD
Our summary: Table 2 average share of Total Gross Revenue — Nov
“Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 6.0% 6.4% 7.7% 8.2% 9.3% 9.0% 9.2% 9.4% 8.3% 9.5% 9.5% 7.4%”
Note: Table 2 reports monthly average shares but does not state the whole-number count of locations behind those averages, so the required sample size cannot be confirmed.
Item 19 · PDF p. 48 · 2025 FDD
Our summary: Table 2 average share of Total Gross Revenue — Feb
“Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 6.0% 6.4% 7.7% 8.2% 9.3% 9.0% 9.2% 9.4% 8.3% 9.5% 9.5% 7.4%”
Note: Table 2 reports monthly average shares but does not give a whole-number count of locations behind the averages. The required sample size cannot be confirmed.
Item 19 · PDF p. 48 · 2025 FDD
Our summary: Table 2 average share of Total Gross Revenue — Dec
“Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 6.0% 6.4% 7.7% 8.2% 9.3% 9.0% 9.2% 9.4% 8.3% 9.5% 9.5% 7.4%”
Note: Table 2 reports monthly average shares but does not give a whole-number count of locations behind the averages. The required sample size cannot be confirmed.
Item 19 · PDF p. 48 · 2025 FDD
Our summary: Table 2 average share of Total Gross Revenue — Apr
“Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 6.0% 6.4% 7.7% 8.2% 9.3% 9.0% 9.2% 9.4% 8.3% 9.5% 9.5% 7.4%”
Note: Table 2 reports monthly average shares but does not give a whole-number count of locations behind the averages. The required sample size cannot be confirmed.
Item 19 · PDF p. 48 · 2025 FDD
Our summary: Table 2 average share of Total Gross Revenue — Nov
“Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 6.0% 6.4% 7.7% 8.2% 9.3% 9.0% 9.2% 9.4% 8.3% 9.5% 9.5% 7.4%”
Note: Table 2 reports monthly average shares but does not give a whole-number count of locations behind the averages. The required sample size cannot be confirmed.
Item 19 · PDF p. 48 · 2025 FDD
Our summary: Table 2 average share of Total Gross Revenue — Sep
“Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 6.0% 6.4% 7.7% 8.2% 9.3% 9.0% 9.2% 9.4% 8.3% 9.5% 9.5% 7.4%”
Note: Table 2 reports monthly average shares but does not give a whole-number count of locations behind the averages. The required sample size cannot be confirmed.
Item 19 · PDF p. 48 · 2025 FDD
Our summary: Table 2 average share of Total Gross Revenue — Apr
“Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 6.0% 6.4% 7.7% 8.2% 9.3% 9.0% 9.2% 9.4% 8.3% 9.5% 9.5% 7.4%”
Note: The page reports monthly average revenue shares but does not state the whole-number location count for Table 2. The sample size cannot be confirmed from the cited context.
Item 19 · PDF p. 48 · 2025 FDD
Our summary: Table 2 average share of Total Gross Revenue — Mar
“Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 6.0% 6.4% 7.7% 8.2% 9.3% 9.0% 9.2% 9.4% 8.3% 9.5% 9.5% 7.4%”
Note: The page reports monthly average revenue shares but does not state the whole-number location count for Table 2. The sample size cannot be confirmed from the cited context.
Item 20 · PDF p. 49 · 2025 FDD
Our summary: Company-Owned 2024: 20 → 22
“Company Owned 2024 20 22”
Note: The cited page does not establish the Table 1 systemwide start/end row.
Item 20 · PDF p. 49 · 2025 FDD
Our summary: Franchised 2024: 55 → 57
“Franchised 2024 55 57”
Note: The cited page does not establish the Table 1 systemwide start/end row.
Item 20 · PDF p. 49 · 2025 FDD
Our summary: Company-Owned 2023: 21 → 20
“Company Owned 2023 21 20”
Note: The cited page does not establish the Table 1 systemwide start/end row.
Item 20 · PDF p. 49 · 2025 FDD
Our summary: Franchised 2023: 53 → 55
“Franchised 2023 53 55”
Note: The cited page does not establish the Table 1 systemwide start/end row.
Item 21 · PDF p. 114 · 2025 FDD
Our summary: 2024 balance sheet — Restricted cash: $78889
“Cash and cash equivalents s 3, 202,871 Restricted cash 78,889 Accounts receivable, net 1,1 21,223 Prepaid expenses and other current assets 1, 512,211 tl otes receivable, curren t portion 128,268 Total current assets 6, 043,462 Property and equipment, net 8, 740 , 570 Operating lease right·of·use-assets, net 8, 864,877 Finance lease right·of·use·assets, net 4, 821,222 Goodwill net 21 , 955,790 Intangible assets, net 20, 038,537 Investments 100 ,00 0 llo tes receivable, net of current port ion 470,187 Deeosits and other 3531336 Total assets s 71 ,387,981”
Note: Supplied quote could not be confirmed on the cited PDF page excerpt.
Item 21 · PDF p. 152 · 2025 FDD
Our summary: 2023 consolidated total assets: $72,402,298
“Cash and cash equivalents s 3,09 1, 834 Res tri ct ed cash 77 ,467 Accou nts recei vable, net 1 ,4 16,209 Prepai d expenses and other current assets 1,243 ,5 72 N otes recei vable, c 1S rent po rtion 523 508 To ta l current assets 6,352 ,590 Property and eq uipment, net 1 3,02 4 ,0 28 Oper ati ng lease righ t-of-use-assets, net 6,944 , 344 Goodwill, net 22,421 , ?TT lntangi bte assets , net 22,671 ,01 7 Investments 100,000 Notes receivable, net of current portion 665,447 Deposits and other 223 095 Total assets s 72,402,298 ... Total assets s 89,398,754”
Note: Supplied quote could not be confirmed on the cited PDF page excerpt.
Item 21 · PDF p. 154 · 2025 FDD
Our summary: 2022 consolidated total revenue: $26,436,768
“Year Ended Decembet 31, 2023 s 64 , 531,466 2, 397 ,783 918,355 635,879 455,459 68 , 938 , 942 ... (8,- 481,:>)0 ) ... (6, 299,000) (6, 299,000) 95,145 ... August 16, 2022 (acquisition date) througll December 31 , 2022 s 24,543, 181 998,404 381,957 253, 051 260,175 26,436, 768 ... ( 12 ,262,299)”
Note: Supplied quote could not be confirmed on the cited PDF page excerpt.
Item 21 · PDF p. 114 · 2025 FDD
Our summary: 2024 balance sheet — Property and equipment, net: $8740570
“Cash and cash equivalents s 3, 202,871 Restricted cash 78,889 Accounts receivable, net 1,1 21,223 Prepaid expenses and other current assets 1, 512,211 tl otes receivable, curren t portion 128,268 Total current assets 6, 043,462 Property and equipment, net 8, 740 , 570 Operating lease right·of·use-assets, net 8, 864,877 Finance lease right·of·use·assets, net 4, 821,222 Goodwill net 21 , 955,790 Intangible assets, net 20, 038,537 Investments 100 ,00 0 llo tes receivable, net of current port ion 470,187 Deeosits and other 3531336 Total assets s 71 ,387,981”
Note: Supplied quote could not be confirmed on the cited PDF page excerpt.
Item 21 · PDF p. 114 · 2025 FDD
Our summary: 2024 balance sheet — Total assets: $71387981
“Cash and cash equivalents s 3, 202,871 Restricted cash 78,889 Accounts receivable, net 1,1 21,223 Prepaid expenses and other current assets 1, 512,211 tl otes receivable, curren t portion 128,268 Total current assets 6, 043,462 Property and equipment, net 8, 740 , 570 Operating lease right·of·use-assets, net 8, 864,877 Finance lease right·of·use·assets, net 4, 821,222 Goodwill net 21 , 955,790 Intangible assets, net 20, 038,537 Investments 100 ,00 0 llo tes receivable, net of current port ion 470,187 Deeosits and other 3531336 Total assets s 71 ,387,981”
Note: Supplied quote could not be confirmed on the cited PDF page excerpt.
Item 21 · PDF p. 154 · 2025 FDD
Our summary: 2023 consolidated total revenue: $68,938,942
“Year Ended Decembet 31, 2023 s 64 , 531,466 2, 397 ,783 918,355 635,879 455,459 68 , 938 , 942 ... (8,- 481,:>)0 ) ... (6, 299,000) (6, 299,000) 95,145 ... August 16, 2022 (acquisition date) througll December 31 , 2022 s 24,543, 181 998,404 381,957 253, 051 260,175 26,436, 768 ... ( 12 ,262,299)”
Note: Supplied quote could not be confirmed on the cited PDF page excerpt.
Item 21 · PDF p. 154 · 2025 FDD
Our summary: 2022 consolidated net loss: $12,262,299
“Year Ended Decembet 31, 2023 s 64 , 531,466 2, 397 ,783 918,355 635,879 455,459 68 , 938 , 942 ... (8,- 481,:>)0 ) ... (6, 299,000) (6, 299,000) 95,145 ... August 16, 2022 (acquisition date) througll December 31 , 2022 s 24,543, 181 998,404 381,957 253, 051 260,175 26,436, 768 ... ( 12 ,262,299)”
Note: Supplied quote could not be confirmed on the cited PDF page excerpt.
Item 21 · PDF p. 114 · 2025 FDD
Our summary: 2024 balance sheet — Accounts receivable, net: $1121223
“Cash and cash equivalents s 3, 202,871 Restricted cash 78,889 Accounts receivable, net 1,1 21,223 Prepaid expenses and other current assets 1, 512,211 tl otes receivable, curren t portion 128,268 Total current assets 6, 043,462 Property and equipment, net 8, 740 , 570 Operating lease right·of·use-assets, net 8, 864,877 Finance lease right·of·use·assets, net 4, 821,222 Goodwill net 21 , 955,790 Intangible assets, net 20, 038,537 Investments 100 ,00 0 llo tes receivable, net of current port ion 470,187 Deeosits and other 3531336 Total assets s 71 ,387,981”
Note: Supplied quote could not be confirmed on the cited PDF page excerpt.
Item 21 · PDF p. 116 · 2025 FDD
Our summary: 2024 statement of operations — Cost of company-owned outlet income: $28338365
“Company-owned outlet income s 68,148,688 s 64 , 531 , 466 Ro yalty fees 2,365,584 2, 397 , 783 Br and fund contributions 1, 1TT,511 918 , 355 Franch i se fees 1,214,513 635 , 879 Technology, service f ees and other 489,619 455 , 459 Total revenues 73,395,915 68 , 938 , 942 Operating expenses: Cost of company -o wned outlet income 28,338,365 26 , 943 , 650 General and administrative expenses 27,057,621 26 , 095 , 242 Advertisi ng and mar1<et i ng 12,897, 702 12 , 441 ,417 Depreciati on and amortization expense 12,424,453 11 , 940 , 183 Total operating expenses 80,718,141 n , 420 , 492 Loss from operations (7 ,322 , 226) (8, 481 , 550 ) Other (expense) income Interest expense (2,503,244) (2, 808 , 452 ) other income 1 net 9651268 4199 11002 Total other (expense) income , net (1,537,976) 2, 182 , 550 Loss before income taxes (8,860,202) (6, 299 , 000 ) Income tax expense 67,229 Net loss (8,927,431) (6, 299 ,000)”
Note: Supplied quote could not be confirmed on the cited PDF page excerpt.
Item 21 · PDF p. 154 · 2025 FDD
Our summary: 2023 consolidated net loss: $6,299,000
“Year Ended Decembet 31, 2023 s 64 , 531,466 2, 397 ,783 918,355 635,879 455,459 68 , 938 , 942 ... (8,- 481,:>)0 ) ... (6, 299,000) (6, 299,000) 95,145 ... August 16, 2022 (acquisition date) througll December 31 , 2022 s 24,543, 181 998,404 381,957 253, 051 260,175 26,436, 768 ... ( 12 ,262,299)”
Note: Supplied quote could not be confirmed on the cited PDF page excerpt.
Item 21 · PDF p. 114 · 2025 FDD
Our summary: 2024 balance sheet — Intangible assets, net: $20038537
“Cash and cash equivalents s 3, 202,871 Restricted cash 78,889 Accounts receivable, net 1,1 21,223 Prepaid expenses and other current assets 1, 512,211 tl otes receivable, curren t portion 128,268 Total current assets 6, 043,462 Property and equipment, net 8, 740 , 570 Operating lease right·of·use-assets, net 8, 864,877 Finance lease right·of·use·assets, net 4, 821,222 Goodwill net 21 , 955,790 Intangible assets, net 20, 038,537 Investments 100 ,00 0 llo tes receivable, net of current port ion 470,187 Deeosits and other 3531336 Total assets s 71 ,387,981”
Note: Supplied quote could not be confirmed on the cited PDF page excerpt.
Item 21 · PDF p. 116 · 2025 FDD
Our summary: 2024 statement of operations — General and administrative expenses: $27057621
“Company-owned outlet income s 68,148,688 s 64 , 531 , 466 Ro yalty fees 2,365,584 2, 397 , 783 Br and fund contributions 1, 1TT,511 918 , 355 Franch i se fees 1,214,513 635 , 879 Technology, service f ees and other 489,619 455 , 459 Total revenues 73,395,915 68 , 938 , 942 Operating expenses: Cost of company -o wned outlet income 28,338,365 26 , 943 , 650 General and administrative expenses 27,057,621 26 , 095 , 242 Advertisi ng and mar1<et i ng 12,897, 702 12 , 441 ,417 Depreciati on and amortization expense 12,424,453 11 , 940 , 183 Total operating expenses 80,718,141 n , 420 , 492 Loss from operations (7 ,322 , 226) (8, 481 , 550 ) Other (expense) income Interest expense (2,503,244) (2, 808 , 452 ) other income 1 net 9651268 4199 11002 Total other (expense) income , net (1,537,976) 2, 182 , 550 Loss before income taxes (8,860,202) (6, 299 , 000 ) Income tax expense 67,229 Net loss (8,927,431) (6, 299 ,000)”
Note: Supplied quote could not be confirmed on the cited PDF page excerpt.
Item 21 · PDF p. 116 · 2025 FDD
Our summary: 2024 statement of operations — Advertising and marketing: $12897702
“Company-owned outlet income s 68,148,688 s 64 , 531 , 466 Ro yalty fees 2,365,584 2, 397 , 783 Br and fund contributions 1, 1TT,511 918 , 355 Franch i se fees 1,214,513 635 , 879 Technology, service f ees and other 489,619 455 , 459 Total revenues 73,395,915 68 , 938 , 942 Operating expenses: Cost of company -o wned outlet income 28,338,365 26 , 943 , 650 General and administrative expenses 27,057,621 26 , 095 , 242 Advertisi ng and mar1<et i ng 12,897, 702 12 , 441 ,417 Depreciati on and amortization expense 12,424,453 11 , 940 , 183 Total operating expenses 80,718,141 n , 420 , 492 Loss from operations (7 ,322 , 226) (8, 481 , 550 ) Other (expense) income Interest expense (2,503,244) (2, 808 , 452 ) other income 1 net 9651268 4199 11002 Total other (expense) income , net (1,537,976) 2, 182 , 550 Loss before income taxes (8,860,202) (6, 299 , 000 ) Income tax expense 67,229 Net loss (8,927,431) (6, 299 ,000)”
Note: Supplied quote could not be confirmed on the cited PDF page excerpt.
Item 21 · PDF p. 116 · 2025 FDD
Our summary: 2024 statement of operations — Royalty fees: $2365584
“Company-owned outlet income s 68,148,688 s 64 , 531 , 466 Ro yalty fees 2,365,584 2, 397 , 783 Br and fund contributions 1, 1TT,511 918 , 355 Franch i se fees 1,214,513 635 , 879 Technology, service f ees and other 489,619 455 , 459 Total revenues 73,395,915 68 , 938 , 942 Operating expenses: Cost of company -o wned outlet income 28,338,365 26 , 943 , 650 General and administrative expenses 27,057,621 26 , 095 , 242 Advertisi ng and mar1<et i ng 12,897, 702 12 , 441 ,417 Depreciati on and amortization expense 12,424,453 11 , 940 , 183 Total operating expenses 80,718,141 n , 420 , 492 Loss from operations (7 ,322 , 226) (8, 481 , 550 ) Other (expense) income Interest expense (2,503,244) (2, 808 , 452 ) other income 1 net 9651268 4199 11002 Total other (expense) income , net (1,537,976) 2, 182 , 550 Loss before income taxes (8,860,202) (6, 299 , 000 ) Income tax expense 67,229 Net loss (8,927,431) (6, 299 ,000)”
Note: Supplied quote could not be confirmed on the cited PDF page excerpt.
Item 21 · PDF p. 114 · 2025 FDD
Our summary: 2024 balance sheet — Total current assets: $6043462
“Cash and cash equivalents s 3, 202,871 Restricted cash 78,889 Accounts receivable, net 1,1 21,223 Prepaid expenses and other current assets 1, 512,211 tl otes receivable, curren t portion 128,268 Total current assets 6, 043,462 Property and equipment, net 8, 740 , 570 Operating lease right·of·use-assets, net 8, 864,877 Finance lease right·of·use·assets, net 4, 821,222 Goodwill net 21 , 955,790 Intangible assets, net 20, 038,537 Investments 100 ,00 0 llo tes receivable, net of current port ion 470,187 Deeosits and other 3531336 Total assets s 71 ,387,981”
Note: Supplied quote could not be confirmed on the cited PDF page excerpt.
Item 21 · PDF p. 116 · 2025 FDD
Our summary: 2024 statement of operations — Company-owned outlet income: $68148688
“Company-owned outlet income s 68,148,688 s 64 , 531 , 466 Ro yalty fees 2,365,584 2, 397 , 783 Br and fund contributions 1, 1TT,511 918 , 355 Franch i se fees 1,214,513 635 , 879 Technology, service f ees and other 489,619 455 , 459 Total revenues 73,395,915 68 , 938 , 942 Operating expenses: Cost of company -o wned outlet income 28,338,365 26 , 943 , 650 General and administrative expenses 27,057,621 26 , 095 , 242 Advertisi ng and mar1<et i ng 12,897, 702 12 , 441 ,417 Depreciati on and amortization expense 12,424,453 11 , 940 , 183 Total operating expenses 80,718,141 n , 420 , 492 Loss from operations (7 ,322 , 226) (8, 481 , 550 ) Other (expense) income Interest expense (2,503,244) (2, 808 , 452 ) other income 1 net 9651268 4199 11002 Total other (expense) income , net (1,537,976) 2, 182 , 550 Loss before income taxes (8,860,202) (6, 299 , 000 ) Income tax expense 67,229 Net loss (8,927,431) (6, 299 ,000)”
Note: Supplied quote could not be confirmed on the cited PDF page excerpt.
Item 21 · PDF p. 116 · 2025 FDD
Our summary: 2024 statement of operations — Net loss: $-8927431
“Company-owned outlet income s 68,148,688 s 64 , 531 , 466 Ro yalty fees 2,365,584 2, 397 , 783 Br and fund contributions 1, 1TT,511 918 , 355 Franch i se fees 1,214,513 635 , 879 Technology, service f ees and other 489,619 455 , 459 Total revenues 73,395,915 68 , 938 , 942 Operating expenses: Cost of company -o wned outlet income 28,338,365 26 , 943 , 650 General and administrative expenses 27,057,621 26 , 095 , 242 Advertisi ng and mar1<et i ng 12,897, 702 12 , 441 ,417 Depreciati on and amortization expense 12,424,453 11 , 940 , 183 Total operating expenses 80,718,141 n , 420 , 492 Loss from operations (7 ,322 , 226) (8, 481 , 550 ) Other (expense) income Interest expense (2,503,244) (2, 808 , 452 ) other income 1 net 9651268 4199 11002 Total other (expense) income , net (1,537,976) 2, 182 , 550 Loss before income taxes (8,860,202) (6, 299 , 000 ) Income tax expense 67,229 Net loss (8,927,431) (6, 299 ,000)”
Note: Supplied quote could not be confirmed on the cited PDF page excerpt.
Item 21 · PDF p. 114 · 2025 FDD
Our summary: 2024 balance sheet — Goodwill, net: $21955790
“Cash and cash equivalents s 3, 202,871 Restricted cash 78,889 Accounts receivable, net 1,1 21,223 Prepaid expenses and other current assets 1, 512,211 tl otes receivable, curren t portion 128,268 Total current assets 6, 043,462 Property and equipment, net 8, 740 , 570 Operating lease right·of·use-assets, net 8, 864,877 Finance lease right·of·use·assets, net 4, 821,222 Goodwill net 21 , 955,790 Intangible assets, net 20, 038,537 Investments 100 ,00 0 llo tes receivable, net of current port ion 470,187 Deeosits and other 3531336 Total assets s 71 ,387,981”
Note: Supplied quote could not be confirmed on the cited PDF page excerpt.
Item 21 · PDF p. 154 · 2025 FDD
Our summary: 2023 consolidated net loss attributable to Zerorez, Inc.: $6,203,855
“Year Ended Decembet 31, 2023 s 64 , 531,466 2, 397 ,783 918,355 635,879 455,459 68 , 938 , 942 ... (8,- 481,:>)0 ) ... (6, 299,000) (6, 299,000) 95,145 ... August 16, 2022 (acquisition date) througll December 31 , 2022 s 24,543, 181 998,404 381,957 253, 051 260,175 26,436, 768 ... ( 12 ,262,299)”
Note: Supplied quote could not be confirmed on the cited PDF page excerpt.
Item 21 · PDF p. 152 · 2025 FDD
Our summary: 2022 consolidated total assets: $89,398,754
“Cash and cash equivalents s 3,09 1, 834 Res tri ct ed cash 77 ,467 Accou nts recei vable, net 1 ,4 16,209 Prepai d expenses and other current assets 1,243 ,5 72 N otes recei vable, c 1S rent po rtion 523 508 To ta l current assets 6,352 ,590 Property and eq uipment, net 1 3,02 4 ,0 28 Oper ati ng lease righ t-of-use-assets, net 6,944 , 344 Goodwill, net 22,421 , ?TT lntangi bte assets , net 22,671 ,01 7 Investments 100,000 Notes receivable, net of current portion 665,447 Deposits and other 223 095 Total assets s 72,402,298 ... Total assets s 89,398,754”
Note: Supplied quote could not be confirmed on the cited PDF page excerpt.
Item 21 · PDF p. 154 · 2025 FDD
Our summary: 2023 consolidated loss from operations: $8,481,550
“Year Ended Decembet 31, 2023 s 64 , 531,466 2, 397 ,783 918,355 635,879 455,459 68 , 938 , 942 ... (8,- 481,:>)0 ) ... (6, 299,000) (6, 299,000) 95,145 ... August 16, 2022 (acquisition date) througll December 31 , 2022 s 24,543, 181 998,404 381,957 253, 051 260,175 26,436, 768 ... ( 12 ,262,299)”
Note: Supplied quote could not be confirmed on the cited PDF page excerpt.
Item 21 · PDF p. 114 · 2025 FDD
Our summary: 2024 balance sheet — Cash and cash equivalents: $3202871
“Cash and cash equivalents s 3, 202,871 Restricted cash 78,889 Accounts receivable, net 1,1 21,223 Prepaid expenses and other current assets 1, 512,211 tl otes receivable, curren t portion 128,268 Total current assets 6, 043,462 Property and equipment, net 8, 740 , 570 Operating lease right·of·use-assets, net 8, 864,877 Finance lease right·of·use·assets, net 4, 821,222 Goodwill net 21 , 955,790 Intangible assets, net 20, 038,537 Investments 100 ,00 0 llo tes receivable, net of current port ion 470,187 Deeosits and other 3531336 Total assets s 71 ,387,981”
Note: Supplied quote could not be confirmed on the cited PDF page excerpt.
Independent analysis of franchisor-provided data. Not investment advice. Franopolis does not distribute FDDs.
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