Schooley Mitchell franchise research

Investment by format

Format-specific estimates only. Do not combine one format's minimum with another format's maximum.

Investment sourceFDD p.25 ↗

Franchise fees and ongoing costs

Franchise fee

$73,000 to $250,000 · Extracted Item 5 scalar range, not a universal minimum or maximum; formats, eligibility, discounts and waivers require original-filing review.

Royalty

8% · Standard: 8% of Gross Sales monthly (min $200/mo months 7-29, $400/mo from month 30); builder: 12% (min $125/mo); development: 8%, 7% on Gross Sales $2,500,001-$5,000,000, 6% above $5,000,000 per calendar year

Marketing contribution

2% (basis not captured; see original filing)

Technology fee

$120 per month (Operating Assistance Software and Marketing Programs Fee)

Other fees

Advertising fee 2% of Gross Sales monthly (min $50/mo months 7-29, $100/mo from month 30; builder 3%, no minimum); Production fee 25% of revenue collected from clients for analysis/report/post-audit services (30% for builder); Distance learning $600 per person after first year

Working capital (FDD Item 7)

Additional Funds - 3 Months: $1,000 to $2,000 (payroll and advertising costs; paid to employees, suppliers, etc.)

Fees sourceFDD p.21 ↗

Working capital is drawn from Item 7. The Investment source below locates the investment section, not an independently verified working-capital scalar.

Investment sourceFDD p.25 ↗

Franchise fee sourceFDD · page not captured ↗

Financial performance: Item 19

Item 19 captured

Yes

Metric / basis

Annual Secured Revenue (revenue franchisee has received or expects to receive under customer contracts signed in the year; before fees, costs, expenses), unaudited, split into Full-Time and Part-Time franchisees with quartile/decile tables

Reporting period

12 months ending February 28, 2025 (Reporting Year)

Sample

240 U.S. and Canadian franchisees (79 full-time, 161 part-time); excludes company-owned outlets, 21 franchisees that ceased operating, and 52 new franchisees that began operating during the year

Reported average

Not captured

Reported median

Not captured

Owner income is not captured. Gross sales and EBITDA are not owner pay. Results depend on the disclosed metric, sample and period; consult the full filing.

Item 19 performance sourceFDD p.48 ↗

Unit growth: Item 20

Reporting year

2025

Scope

franchised outlets

Starting outlets

260

Year-end outlets

297

Net change

+37

Derivation

ending minus starting outlets

Openings

52

Terminations

Not captured

Non-renewals

Not captured

Other closures

Not captured

Reacquisitions

Not captured

Transfers

Not captured

Transfers are not closures. Net change is ending minus starting outlets for the stated scope and year, or complete openings less terminations, non-renewals, other closures and reacquisitions. Missing inputs stay unknown.

Unit growth sourceFDD p.53 ↗

SBA loan history

Loan activity

40 approvals

Activity window

FY2021-FY2026 YTD; snapshot 2026-06-30

Median SBA loan

$150,000

Median loan window

FY2023-FY2026 YTD through 2026-06-30

Median loan sample

22 loans

Historical charge-off share

53.33%

Cohort

7(a) FY2010-2019 approvals

Numerator / denominator

8 / 15

Formula

CHGOFF / (PIF + CHGOFF + EXEMPT) × 100

This is a historical loan-level share, not a franchise failure probability or location survival rate. Loan size is not total investment. Other loan statuses are excluded from the seasoned denominator. Activity combines 7(a) and 504 approvals, excluding canceled and not-funded records; this is not a rolling five-year count. FY2024-25 franchise tags are sparse after directory suspension; fewer tagged loans do not establish brand decline. Recent charge-off cohorts are immature.

SBA loans sourceSBA data · Jun 30, 2026 ↗

Median loan amounts are financing context, not startup cost. The median window is separate from the seasoned charge-off cohort.

Median SBA loan sourceSBA data · Jun 30, 2026 ↗

Questions before you invest

How much does Schooley Mitchell franchise cost?

Standard and Builder franchise (home-based or optional outside office): $75,300 to $85,550; Development franchise: $252,500 to $262,750 These are format-specific estimates, not a guaranteed cash requirement. Franchise fee: $73,000 to $250,000 · Extracted Item 5 scalar range, not a universal minimum or maximum; formats, eligibility, discounts and waivers require original-filing review..

Investment sourceFDD p.25 ↗

Franchise fee sourceFDD · page not captured ↗

How much do Schooley Mitchell owners make?

Owner income is not captured. Gross sales and EBITDA are not owner pay. Item 19 metric: Annual Secured Revenue (revenue franchisee has received or expects to receive under customer contracts signed in the year; before fees, costs, expenses), unaudited, split into Full-Time and Part-Time franchisees with quartile/decile tables. Sample: 240 U.S. and Canadian franchisees (79 full-time, 161 part-time); excludes company-owned outlets, 21 franchisees that ceased operating, and 52 new franchisees that began operating during the year. Period: 12 months ending February 28, 2025 (Reporting Year).

Item 19 performance sourceFDD p.48 ↗

What's the SBA charge-off rate for Schooley Mitchell?

53.33%; numerator / denominator: 8 / 15. Historical 7(a) FY2010-2019 approvals; CHGOFF / (PIF + CHGOFF + EXEMPT) × 100, snapshot 2026-06-30. This is not a franchise failure probability. Median SBA loan: $150,000; window: FY2023-FY2026 YTD through 2026-06-30; sample: 22 loans. Median financing is not total investment.

SBA loans sourceSBA data · Jun 30, 2026 ↗

Median SBA loan sourceSBA data · Jun 30, 2026 ↗