Risk Score
Pending analysis
Investment Range
$278,715 - $543,464
Franchise Fee
$54,900
Total US Locations
29
Business Summary
RobotLAB operates a retail sales business specializing in advanced robots for automated tasks. These robots perform functions such as food ordering, delivery, cleaning, guidance, cooking, and customer interaction. RobotLAB primarily serves the restaurant, hospitality, assisted-living, warehouse, government, entertainment, education, and medical industries. Franchisees operate this business from a light industrial warehouse with an office.
Corporate History
RobotLAB Franchising, LLC was established as a Delaware limited liability company on January 25, 2023. RobotLAB operates under its corporate name and the "RobotLAB" trade name. It does not run a business like the franchises it offers; its sole business is awarding and supporting franchises. RobotLAB began offering franchises in April 2023.
Financial Overview
Investment Range
$278,715 - $543,464
Franchise Fee (Low)
$54,900
Franchise Fee (High)
$133,900
Royalty %
7%
Marketing %
4%
Equipment Costs (Low)
$168,450
Equipment Costs (High)
$329,750
Working Capital
$50,000
Audited Financials
Yes
Offers Financing
No
Audit Opinion
Going concern qualification
Financial Health Notes
RobotLAB Franchising, LLC's financial condition raises concerns about its ability to provide services and support to franchisees. As of December 31, 2024, RobotLAB had a working capital deficit of $2,347,688 and a net loss of $2,185,257 for the year. The company's independent auditor included a going concern doubt paragraph in their audit report, indicating uncertainty about RobotLAB Franchising, LLC's ability to continue operations. Management states it is taking steps to improve the financial condition.
Financing Details
RobotLAB Franchising, LLC does not offer any direct financing for initial fees or equipment to its franchisees and does not guarantee any loans. However, RobotLAB Franchising, LLC is an SBA-approved franchise and can introduce franchisees to an SBA broker who may assist with obtaining an SBA loan. Additionally, RobotLAB Financial Services LLC, an affiliate, or other financing partners may provide financing to customers, allowing RobotLAB franchisees to offer their customers lease and Robot as a Service models.
Performance Metrics
Total US Locations
29
Franchised Units
29
Corporate Units
0
Avg Square Footage
3,000
Franchising Since
2023
Legal & Compliance Analysis
Recent Litigation
No
Bankruptcy
No
Litigation Summary
RobotLAB has no litigation or legal disputes to report.
Bankruptcy History
RobotLAB has no bankruptcy history to report for the franchisor or its key management.
Agreement Terms
Initial Term
10 years
Renewal Term
5 years
Renewal Conditions
To renew their RobotLAB franchise, franchisees must provide RobotLAB Franchising, LLC with written notice 180 days before the agreement ends. They must have fully complied with all material provisions of their Franchise Agreement, including all financial obligations to RobotLAB Franchising, LLC and its affiliates and suppliers, and met all Brand Standards. Franchisees are required to remodel, modernize, and redecorate their business premises and replace equipment to match the current appearance of new RobotLAB franchised businesses, at their own cost. A renewal fee, which is the greater of $10,000 or 25% of the then-current franchise fee, must be paid at least 30 days before the term expires. Franchisees may also need to sign RobotLAB Franchising, LLC's then-current Franchise Agreement, which could have different terms, rates, advertising contributions, and an altered protected territory. Finally, franchisees must secure a renewal or extension of their current lease or find a new location within their protected territory that RobotLAB Franchising, LLC approves.
Training & Support Program
Franchisor Assistance
RobotLAB Franchising, LLC provides franchisees with extensive pre-opening and ongoing assistance. Before opening, RobotLAB helps with site evaluation and approval, provides system standards for layout and design, offers a list of approved equipment and initial inventory, delivers mandatory training, and assists with the opening plan and business plan template. Franchisees also receive electronic copies of the Operations Manuals. For ongoing support, RobotLAB offers consultations, periodic evaluations with feedback, electronic updates to the System and Manuals, and develops advertising and marketing materials to help promote the business.
Initial Training Hours
236
Training Location
Southlake, TX and Online/virtual
Ongoing Support
RobotLAB Franchising, LLC provides ongoing support by offering consultations and periodic evaluations of the franchisee's business, with feedback to assist operations. RobotLAB also periodically updates and revises the System and Manuals electronically for franchisees and develops advertising and marketing materials to help promote the franchised businesses. RobotLAB's Local Area Marketing Requirement ensures at least one local event annually, a cold-calling campaign for leads, a pass-through lead program, invitations to shows and conferences, access to national corporate accounts, and social media campaigns on behalf of the franchisee.
Franchise Requirements
Industry Experience Required
No
Management Experience Required
No
Sales Experience Required
No
Technical Skills Required
No
Operational Details
Location Type
commercial
Owner Participation
Supervisory
Territory Type
Protected
Staff Count
2
Territory Size Requirements
RobotLAB Franchising, LLC defines its protected territories based on groups of zip codes. These territories are sized and priced in "Blocks," with each Block containing 8,000 "Qualified Businesses" as identified by RobotLAB Franchising, LLC's mapping software provider. Franchisees can request and acquire territories with more than one Block.
Staffing Notes
RobotLAB Franchising, LLC requires each franchised business to employ a minimum of one salesperson and one implementation employee per block operated. The owner or controlling person can fulfill one of these roles. Franchisees are responsible for hiring, training, and supervising their employees, who are not considered employees of RobotLAB Franchising, LLC. All employees must be adequately trained and competent to provide efficient service, and those with access to confidential information must sign a Confidentiality/Non-Competition Agreement.