Worth It?HistoryDatabaseCompareDistress SignalsFDD Changes
Home ServicesLimited DataItem 19: ✓ DisclosedQuality: 75/100

Gotcha Covered

Based on 2021 FDD · 6 filings in corpus

FranchiseIQ Score
47
D
High Risk
Composite score based on SBA default rate, unit growth, disclosure quality & investment efficiency.
Full analysis unlocks:
✓ Cash-on-Cash return
✓ Payback period
✓ SBA default rate
✓ Red flags assessment
✓ Comparable franchises
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Total Investment Range$66K – $94K
MinMid: $80KMax

Key Metrics

Franchise Fee
$65K
Royalty Rate
—
Ad Fund Rate
—
Total Burden
—
Royalty + ad fund
Units (2023)
154
-1 vs prior yr
Net Unit Growth
→ -0.7%
Year over year
Cash-on-Cash Return
82.1%
Annual estimated return
Payback Period
1.2 yrs
Break-even timeline
SBA Default Rate
28.6%
vs ~7.2% industry avg
Median Revenue
$365K
Item 19 disclosed
Red Flags Assessment
HIGH: SBA default rate 28.57%
HIGH ×1
Premium Data

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SBA default rate, Risk Score, CoC%, investment benchmarks, and unit growth for Gotcha Covered.

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Estimated using sector-average margins. Actual franchise economics vary by location, operator, and market conditions.

Gotcha Covered vs. Home Services Average

MetricGotcha CoveredHome Services Avg
SBA Default Rate28.6%▼4.9%
Cash-on-Cash Return82.1%▲22.3%
Total Investment$80K$145K

Industry averages based on FranchiseIQ corpus benchmarks. ▲ = better than avg, ▼ = worse.

Compare

Gotcha Covered vs PatchMasterGotcha Covered vs SM Clean L.L.C. d/b/a ServiceMaster® PlumbingGotcha Covered vs FIVE STAR PAINTING

Similar Franchises · Home Services

PatchMaster
Revenue Only
$123K–$158K
SM Clean L.L.C. d/b/a ServiceMaster® Plumbing
Limited Data
$124K–$134K
FIVE STAR PAINTING
Limited Data
$77K–$185K
PatchMaster
$123K – $158K
SM Clean L.L.C. d/b/a ServiceMaster® Plumbing
$124K – $134K
FIVE STAR PAINTING
$77K – $185K
Neat Method
$38K – $45K

Questions to Ask Before You Sign

5 data-driven questions every Gotcha Covered franchise buyer should ask.

  1. 1.What is Gotcha Covered's SBA default rate compared to its competitors?Learn more →
  2. 2.Does Gotcha Covered disclose Item 19 financial performance representations?Learn more →
  3. 3.What is the net unit growth trend over the past 3 years?Learn more →
  4. 4.What is the franchisee termination and transfer rate per Item 20?Learn more →
  5. 5.What do the FDD litigation disclosures (Item 3) reveal about franchisor legal history?Learn more →
Generate attorney questions for Gotcha Covered →Validation call guide →

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Data sourced from publicly filed Franchise Disclosure Documents (FDDs) submitted to state franchise regulators. SBA loan data from public SBA 7(a) records. Information reflects the most recent FDD filing in our database and may not reflect current terms. Always verify with the franchisor's current FDD before making any investment decision. Not legal or financial advice.