FRANCHISE·WATCH·DESK

Verified — real FDD extraction

Not found in the SBA Franchise Directory under this name — though SBA loans to its franchisees exist; verify eligibility with your lender

InXpress

Other · independent · est. —

InXpress is a shipping and logistics franchise that resells discounted carrier capacity, arranging parcel and freight shipping for small and mid-sized businesses through partnerships with major carriers. A franchisee runs a home-based sales operation, prospecting business customers and earning margin on the shipping volume they route through the InXpress platform.

New to franchising? Start here

A franchise is a business where you (the franchisee) pay a company (the franchisor) for the right to open and run a location using their brand and system — think a local Anytime Fitness or Taco John's owned by a small-business owner, not the corporation.

Before you can buy in, U.S. law requires the franchisor to give you a Franchise Disclosure Document (FDD) — a long legal filing covering its fees, finances, and history. The numbers on this page come straight from that document:

  • Franchise fee — the one-time cost to buy in.
  • Royalty — the ongoing cut of your sales you pay the franchisor.
  • Item 20 — how many locations opened and closed, the basis for our verdict (from Proven & strong down to Distressed — or Too new to judge).

The verdict

Not enough disclosure

Distress

0
STABLE

No verified FDD extraction to judge from. Any figures shown are labelled sample data or independent federal records.

Exit rate · latest year

29.4%

fiscal 2021, per Item 20

Cost to open

$87K–$169K

Item 7 total investment range

SBA loan defaults

20.0%

15 loans resolved — directional only

Behind the verdict

the record, factor by factor · Item 20

hi-1.0.0
Net unit growth35%

3-yr trend · Item 20 Table 1

Fair
Exit quality25%

terminations + ceased-ops vs. all exits · Table 3

Weak
Transfer / churn15%

transfers vs. base · Table 3

Weak
Promise-keeping10%

actual vs. projected openings · Table 5

Strong
Transparency15%

Item 19 disclosure + completeness

Strong

Systemwide units

2019–2021

+5.6%
9020191092020952021

Survival record

FDD Item 20 · outlet status by year

In fiscal 2021, 32 of 109 franchised outlets left the system — a 29.4% annualized exit rate. Not every exit is a failure — but this is the measurable floor.

Show the outlet tables
Status (FTC)201920202021
Outlets at start9690109
Opened152917
Transfers8622
Terminations14510
Non-renewals000
Reacquired by franchisor000
Ceased — other reasons7522
Outlets at end9010995
Net change-6+19-14

The lender's view

SBA 7(a)/504 loan performance · FY1991–present

Banks have made 26 SBA-backed loans to InXpress franchisees since 2010. Only 15 have resolved so far — too thin for a reliable default rate, but 3 of them charged off.

Charge-off rate

15 resolved · too thin to rate

Loss given default

avg. charged-off $ ÷ approved $

Expected loss

default rate × loss severity

Avg. loan · FY2020+

$235,444

what recent franchisees borrowed

Median time to default

60 mo

approval → charge-off, defaulted loans

Lenders · FY21+ vs FY16–20

3 vs 6

distinct banks — pulling back

Charge-off rate by loan approval year (%)

SOURCE: SBA 7(a)/504 FOIA LOAN DATA (DATA.SBA.GOV), FY1991–PRESENT · MATCHED TO INXPRESS BY FRANCHISE NAME · RESOLVED = CHARGED-OFF + PAID-IN-FULL

The owner's side of the deal

FDD × federal loan record

Who finances it

United Midwest Savings Bank National Association

53.8% of this brand's loans

That lender charges off 35.2% of its loans to other franchise brands, vs 14.8% nationally.

Who buys it

92.0%

first-time franchise owners

The rest already owned at least one other franchise. Across the corpus, brands bought mostly by repeat operators charge off at roughly 10% versus 17% for brands sold mostly to newcomers.

Does experience help here?

Not enough resolved loans to split

Computed from 26 SBA 7(a)/504 loans to InXpress franchisees joined to the brand's own FDD. Debt service assumes level amortization at the average disclosed term and rate. A lender's rate excludes its loans to this brand, so it reads the lender, not the brand.

What it costs — and what it drags

FDD Items 5–7 · fees, investment, royalty

Buying in means a $50K franchise fee (Item 5) and a total investment of $87K–$169K (Item 7). The franchisor publishes an earnings claim (Item 19) — read its methodology closely.

To open (Item 7)

$87K–$169K

all-in investment range

Franchise fee (Item 5)

$50K

upfront, one-time

Royalty (Item 6)

30%

of sales, ongoing

If a unit does this in annual sales…$1M/yr

Your figure — cross-check against this brand's Item 19 and current-owner validation.

Royalty you'd pay / yr

$300K

30% of sales, before profit

Over a 10-yr term

$3M

royalties alone, excl. ad fund

This is not profit. It's the only money the FDD actually pins down — what you put in, and the royalty you owe on every dollar of sales. Your real take-home depends on labor, rent, food cost, and ramp-to-breakeven, none of which any FDD discloses.

Build a real pro-forma for InXpress with an independent CPA

Modeled risk

FDD Risk Score · modeled from the public record

High risk

Modeled from the public record, this brand looks riskier than 98% of systems we score.

Risk percentile

98 / 100

Loan-corroborated

Modeled SBA charge-off

29.2%

Observed SBA charge-off

20.0%

Top drivers: Share financed by high-loss lenders (raises) · Item 20 exit rate (raises) · Single-lender dependence (lowers) · Royalty rate (lowers). 15+ resolved loans stand behind this estimate. A linear scorecard built from this brand's own disclosure figures plus the federal loan record behind its franchisees; full spec and cross-validated accuracy on the methodology page. A score is context, not a verdict.

Distress signals

news-sourced · bankruptcies, closures, lawsuits

No recent closures, bankruptcies, or major lawsuits found in the news for InXpress. That's a good sign — but it reflects news coverage, not a guarantee.

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InXpress franchise questions, answered from the filings

What percentage of InXpress franchises closed last year?

In InXpress's latest FDD Item 20 (fiscal 2021), 32 of 109 franchised outlets left the system — an annualized exit rate of 29.4%. That counts terminations, non-renewals, and "ceased operations — other reasons." There is no official failure rate, and not every exit is a failure, but this is the measurable floor.

How much does a InXpress franchise cost?

Per InXpress's 2026 FDD, buying in requires an initial franchise fee of $50K (Item 5) and a total initial investment of $87K–$169K (Item 7).

What royalty does InXpress charge?

InXpress charges an ongoing royalty of 30.0% of gross sales, per Item 6 of its 2026 FDD.

Does InXpress disclose earnings (Item 19)?

Yes — InXpress makes a financial performance representation in Item 19 of its 2026 FDD. Read it closely: franchisors choose which units and which metrics to include.

Is InXpress a good franchise to buy? Health score, exit rate & costs (2026) · Franchise Watch Desk