FranScout was born out of frustration. After 20 years in franchising, Ray Neyens knew that the information asymmetry between franchisors and prospective franchisees was broken — and he decided to fix it.
Founder, FranScout.ai
20-year franchise veteran
I spent 20 years in the franchise trenches — operating 17 Jersey Mike's locations across multiple markets. I know what it's like to read an FDD and feel like you need a law degree just to understand what you're signing.
When I exited for $20.5 million, I realized the single biggest edge I had was information — understanding which franchisors had clean litigation records, healthy unit economics, and territory structures that actually protected my investment.
Most prospective franchisees don't have that edge. A franchise attorney costs $5,000+. Most people skip it. That's a $500,000 mistake waiting to happen.
FranScout changes that. We've built an AI that reads every FDD — all 23 items — and produces a comprehensive intelligence report that levels the playing field.
Democratize franchise research. Make the intelligence that used to cost $5,000 and take two weeks available to anyone — for a fraction of the cost — in seconds. We believe informed franchisees build better businesses. Better businesses mean stronger communities. That's worth building.