# Gotcha Covered Franchising, LLC

> Gotcha Covered Franchising, LLC (founded 2009) is a Retail franchise with 172 units. Franchise fee $69,900, total investment $122,760–$216,600, royalty $350–$1,400/month (months 1–36), then $2,250/month (month 37+), plus $0.06 per household over 30,000, Item 19 financial performance disclosed.

**Last updated**: 2026-06-11
**URL**: https://vetmyfranchise.com/franchise/gotcha-covered-franchising-llc?utm_source=claude&utm_medium=ai_referral&utm_campaign=vmf_agent_md

## Quick Verdict

**Best for:** Gotcha Covered Franchising, LLC fits first-time franchise buyers looking for a mid-scale retail concept.

**Strengths**

- Discloses Item 19 financial performance

**Risks**

- High closure ratio: 12.2% of system per year

## Key Facts

- **Industry**: Retail
- **Year founded**: 2009 (17 years in business)
- **FDD year on file**: 2026
- **Units (Item 20)**: 172 total franchised; 24 opened in most recent year; 21 closed in most recent year
- **Closure ratio**: 12.2% (annual closures ÷ current franchised units — this is a system-level signal, not a cohort survival rate)
- **Item 19 (financial performance representation)**: Yes

## Investment

- **Franchise fee**: $69,900
- **Total initial investment**: $122,760 – $216,600
- **Royalty**: $350–$1,400/month (months 1–36), then $2,250/month (month 37+), plus $0.06 per household over 30,000
- **Ad fund**: $125–$1,000/month tiered by tenure

## Item 19 Financial Performance

- **Median reported revenue**: $392,019
- **Sample size**: 125 units
- **Reporting period**: 2025 calendar year
- **Unit segment covered**: all franchised units in United States with at least one year of operation
## Direct Competitors

| Metric | **Gotcha Covered Franchising, LLC** (this brand) | Wateria CA, LLC (Similar price) | 7-Eleven, Inc. (Biggest system) | Byrider Franchising Partners, LLC (Top-rated) |
| --- | --- | --- | --- | --- |
| Franchise fee | $70K | $30K | $0 | $60K |
| Total investment | $123K–$217K | $1K–$203K | $163K–$1.7M | $947K–$1.6M |
| Royalty | $350–$1,400/month (months 1–36), then $2,250/month (month 37+), plus $0.06 per household over 30,000 | — | Variable percentage of Gross Profit (45% to 56% depending on 12-month Gross Profit) | 2.5% of Gross Sales, plus 1.0% Gross Receipts |
| Total units | 172 | 1 | 7,229 | 81 |
| Item 19? | Yes | No | Yes | Yes |


## Risk & Legal Signals

- **Disclosed lawsuits (Item 3)**: 1
- **Item 4 bankruptcy**: none disclosed

## Frequently asked questions

**Q: How much does a Gotcha Covered Franchising, LLC franchise cost?**
A: Gotcha Covered Franchising, LLC requires a $69,900 initial franchise fee and a total initial investment range of $122,760–$216,600, per the most recent FDD on file.

**Q: Does Gotcha Covered Franchising, LLC disclose financial performance (Item 19)?**
A: Yes. Gotcha Covered Franchising, LLC discloses Item 19 financial performance representations with reported revenue around $392,019. See the franchise's financials sub-page for the full distribution.

**Q: What ongoing fees does Gotcha Covered Franchising, LLC charge?**
A: Franchisees pay a royalty of $350–$1,400/month (months 1–36), then $2,250/month (month 37+), plus $0.06 per household over 30,000 and an advertising fund contribution of $125–$1,000/month tiered by tenure on gross sales or revenue as defined in Item 6 of the FDD.

**Q: How many Gotcha Covered Franchising, LLC locations are there?**
A: Gotcha Covered Franchising, LLC's most recent FDD reports approximately 172 total franchise units in the system. See the franchise's growth sub-page for the full opens/closes breakdown and year-over-year trend.

## Source

Data on this page is extracted from Gotcha Covered Franchising, LLC's 2026 Franchise Disclosure Document, filed under FTC Rule 16 CFR 436.
- **Filing regulator**: Wisconsin Department of Financial Institutions (WI)
- **Regulator search URL**: https://apps.dfi.wi.gov/apps/FranchiseEFiling/activeFilings.aspx
- **FDD year**: 2026
- **Extraction pipeline**: pdfplumber text extraction + Claude AI structured field extraction, validated against the canonical Item 5/6/7/19/20 sections.

## Available Reports

- **Free Tier 1 summary**: https://vetmyfranchise.com/franchise/gotcha-covered-franchising-llc?utm_source=claude&utm_medium=ai_referral&utm_campaign=vmf_agent_md
- **Tier 2 personalized 12-section deep-dive report**: $4.99 (or $9.99 for a 3-pack of 3 reports — purchased on the franchise page)

## Related

- Browse other Retail franchises: https://vetmyfranchise.com/franchises/retail?utm_source=claude&utm_medium=ai_referral&utm_campaign=vmf_agent_md
- Compare side-by-side: https://vetmyfranchise.com/compare?slugs=gotcha-covered-franchising-llc&utm_source=claude&utm_medium=ai_referral&utm_campaign=vmf_agent_md
- Fees deep dive: https://vetmyfranchise.com/franchise/gotcha-covered-franchising-llc/fees?utm_source=claude&utm_medium=ai_referral&utm_campaign=vmf_agent_md
- Item 19 financials: https://vetmyfranchise.com/franchise/gotcha-covered-franchising-llc/financials?utm_source=claude&utm_medium=ai_referral&utm_campaign=vmf_agent_md
- Growth & Item 20: https://vetmyfranchise.com/franchise/gotcha-covered-franchising-llc/growth?utm_source=claude&utm_medium=ai_referral&utm_campaign=vmf_agent_md
- Industry benchmark: https://vetmyfranchise.com/franchise/gotcha-covered-franchising-llc/vs-industry?utm_source=claude&utm_medium=ai_referral&utm_campaign=vmf_agent_md