Success On The Spectrum logo

Success On The Spectrum Franchise

Audited Financials
HealthcareEst. 2018Houston, TX
www.SOSfranchising.com

Risk Score

Pending analysis

Investment Range

$315,000 - $842,700

Franchise Fee

$19,750

Total US Locations

31

Business Summary

Success On The Spectrum operates autism treatment centers that provide Applied Behavioral Analysis (ABA) therapy, speech therapy, occupational therapy, and social skills classes. These services are offered to developmentally delayed children and young adults, along with other related products and services.

Corporate History

SOS Franchising, LLC, operating as Success On The Spectrum, was established as a Texas Limited Liability Company on March 21, 2018. The company began offering franchises to third parties on September 13, 2018. An affiliate, Success on the Spectrum, LLC, was established earlier in October 2015 and operates a business substantially similar to the franchise offered, also owning the Licensed Marks. Other affiliates include SOS MC, LLC (established April 2022, also operating a similar business), SOS Distribution, LLC (established February 2019, providing uniforms and branded materials), and SOS Land Ho, LLC (established February 2019, owning a facility used for franchisee training).

Financial Overview

Investment Range

$315,000 - $842,700

Franchise Fee (Low)

$19,750

Franchise Fee (High)

$39,500

Royalty %

5%

Equipment Costs (Low)

$62,000

Equipment Costs (High)

$320,000

Working Capital

$45,000

Audited Financials

Yes

Offers Financing

No

Audit Opinion

Unqualified opinion

Financial Health Notes

Success On The Spectrum's financial condition, as reflected in its financial statements, raises concerns about the franchisor's financial ability to provide services and support to its franchisees. The company reported a net loss of $149,026 and a negative total equity of $34,295 for the year ended December 31, 2023. Additionally, its current liabilities exceeded current assets, indicating negative working capital.

Financing Details

Success On The Spectrum does not offer any direct or indirect financing to its franchisees. It also does not guarantee any notes, leases, or other obligations. While the franchisor may assist franchisees in obtaining financing in the future, such arrangements are not currently available or guaranteed.

Performance Metrics

Total US Locations

31

Franchised Units

29

Corporate Units

2

Avg Square Footage

5,000

Franchising Since

2018

Agreement Terms

Initial Term

5 years

Renewal Term

5 years

Renewal Conditions

To renew their franchise, Success On The Spectrum franchisees must be in full compliance with their franchise agreement and all related ancillary agreements, and provide 180 days' prior written notice of their intent to renew. They must demonstrate that they have the legal right to occupy their center location for the entire renewal term or secure a new approved location. Franchisees are also required to update, remodel, and upgrade their center to meet the franchisor's then-current standards. They must pay a $1,500 renewal fee, sign the franchisor's then-current renewal franchise agreement and related ancillary agreements, which may have materially different terms, and execute a general release in favor of the franchisor. Additionally, franchisees and their owners may need to complete any additional training designated by the franchisor.

Training & Support Program

Franchisor Assistance

Success On The Spectrum provides pre-opening assistance that includes granting the franchise, defining a designated territory upon site approval, and providing access to confidential operations manuals. The franchisor reviews and approves proposed sites, lists approved suppliers, and specifies required signs, equipment, furniture, and fixtures. Success On The Spectrum also identifies the franchisee's center on its website and creates a Google My Business profile and Facebook page. Initial training is provided free of charge for three key staff members (owner, operating manager, office manager, and a certified behavior analyst), covering about two weeks of instruction in Houston, TX, and virtually. This training includes airfare up to $400 per person and lodging at the franchisor's 'SOS House.' Post-opening, franchisees receive monthly virtual system-wide training for key staff, communication of operating standards, and marketing support, with optional annual conferences for a fee. The franchisor also assists with health insurance credentialing and sets up phone, fax, and text numbers for the center.

Initial Training Hours

80

Training Location

Corporate headquarters in Houston, TX, and virtual

Ongoing Support

After opening, Success On The Spectrum requires that franchisees' office managers, operating managers, and behavior analysts attend monthly virtual system-wide training. The franchisor also reserves the right to require attendance at in-person system-wide training programs, not exceeding five days per calendar year. Additional supplemental training may be requested by the franchisee or required by the franchisor, subject to fees. The franchisor communicates updated operating standards, marketing standards, and approved vendors lists.

Franchise Requirements

Ideal Candidate Profile

Success On The Spectrum seeks franchisee candidates who, or whose managing owner, will be personally responsible for the full-time, daily management and supervision of the franchise. The managing owner must dedicate their full time and effort to the business and must serve as one of the three required key staff members (operating manager, office manager, or certified behavior analyst). The franchisee, or a hired employee, must be a certified behavior analyst and maintain all necessary certifications for the location. Ideal candidates must possess good moral character, sufficient business experience, aptitude, and financial resources to operate a Success On The Spectrum Center. All key staff, including the franchisee or managing owner, must satisfactorily complete the franchisor's initial training and undergo yearly criminal background checks, with no history of violent crime or sexual misconduct.

Industry Experience Required

Yes

Management Experience Required

Yes

Sales Experience Required

No

Technical Skills Required

Yes

Operational Details

Location Type

hybrid

Owner Participation

Full-Time

Territory Type

Protected

Staff Count

5

Territory Size Requirements

Success On The Spectrum territories are generally defined by a 3-mile radius from the center location, though this may be adjusted to be smaller based on factors like population density, demographics, and geographical boundaries. The designated territory can be identified using zip codes, boundary streets, highways, county lines, or other recognizable markers.

Staffing Notes

Success On The Spectrum requires franchisees to employ three separate key staff members: an Operating Manager, an Office Manager, and a Behavior Analyst. The managing owner of the franchise must fill one of these three key roles. All key staff are required to complete the franchisor's initial training program. The Behavior Analyst, whether the owner or an employee, must obtain and maintain all required certifications for the center's location. All key staff must dedicate their full-time effort to the center. Replacement key personnel must complete required training within 60 days of being hired. Franchisees are prohibited from hiring anyone convicted of a felony or with a history of violent crime or sexual misconduct, and all staff must undergo yearly criminal background checks. Franchisees are responsible for hiring additional technicians and administrative support staff, and ensuring all employees have necessary licenses and certifications.