FDD-based startup cost, franchise fee, revenue, profit, SBA default rate, and investment risk signals for Gotcha Covered.
Based on 2021 FDD · 7 filings in corpus
This page is using 2021 FDD source data. Verify the franchisor's current FDD before relying on costs, fees, or Item 19.
Cost and profit at a glance
Based on FDDIQ's FDD corpus, a Gotcha Covered franchise shows an estimated initial investment of $66K – $94K. Reported owner economics show $66K. Use the links below to compare the cost, revenue, SBA loan history, and ROI against other franchises before you request the full FDD.
Quick fee read: $65K franchise fee. These figures are directional screening data, not a substitute for reading the current FDD and speaking with existing operators.
Gotcha Covered requires a total initial investment of $66K to $94K (midpoint approximately $80K), with an initial franchise fee of $65K.
According to Item 19 of the 2021 FDD, the median revenue for Gotcha Covered locations is $365K. The implied franchisee EBITDA is approximately $66K, based on the margin assumptions disclosed in the FDD. The estimated cash-on-cash return is 82.1% with a payback period of approximately 1.2 years.
Gotcha Covered operates approximately 154 franchised units. Unit count is relatively stable with a -0.7% year-over-year change. The SBA 7(a) loan default rate of 28.6% is above the franchise industry average of approximately 4.9%, suggesting elevated financial risk for franchisees relying on debt financing.
Prospective franchisees should verify all figures against the most recent FDD, conduct validation calls with multiple existing franchisees, and consult with a franchise attorney before signing any agreement.
Analysis based on 2021 FDD filing. FDDIQ Editorial Team · Methodology
Estimated using sector-average margins. Actual franchise economics vary by location, operator, and market conditions.
Industry averages based on FranchiseIQ corpus benchmarks. ▲ = better than avg, ▼ = worse.
Real lending data from SBA 7(a) loans (2015-2026). 47 loans across 21 states.
Source: SBA 7(a) loan data via FOIA. Default rate = charged-off loans / total originated. Industry avg default rate ~7.2%.
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