FranchiseVerdict
After Glow Tanning & Beauty Bar logo
FV-00081·CAUTIONExcellent81

After Glow Tanning & Beauty Bar

Personal Services - Beauty & SalonFranchising since 2024Website
Investment
$75K – $150K
11th pct Beauty & Salon
Avg revenue
$150K
1st pct Beauty & Salon
Royalty
7.0%
61st pct Beauty & Salon
Units
1
1st pct Beauty & Salon
SBA default

Bottom line

  • Total investment $75K – $150K including a $25K franchise fee, 7.0% ongoing royalty.
  • Average unit revenue of $150K/year.
  • Rated CAUTION with a risk score of 72/100.
  • Emerging franchise — only 2 years of franchising with 1 units. Early-stage systems carry higher risk but may offer better territory availability.

Item 1 · who you're contracting with

The Franchisor

Legal entity
AFTER GLOW FRANCHISE LLC
Incorporated in
Minnesota
HQ
1307 Highway 33 S, Cloquet, MN 55720
Auditor
Metwally CPA PLLC
Audited financials

Yale framework · single-unit ROIC

Returns Analysis

Pulls Item 7 (investment) and Item 19 (revenue) from this brand's FDD into the Yale unlevered-ROIC formula. Override any input to stress-test it against your own assumptions.

The model · Yale framework

What would one After Glow Tanning & Beauty Bar unit return on the cash you put in?

Revenue · per unit, per year
$
FDD Item 19 reports $150,000
Franchisor take · royalty + ad fund
Royaltytyp 68%
%
Ad fundtyp 35%
%
Operating costs · category default: personal services
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $75K–$150K
Working capital
$
FDD reports $10K–$30K

Unlevered ROIC · per unit

25%

Below typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$34K
EBITDA margin
22.5%
Total invested
$133K
Payback
47 mo
Unit-level only. A multi-unit portfolio gives up roughly 5–15% of this to shared services (corporate G&A) before reaching the ~10-unit break-even Yale describes.

Levered LBO scenario · Yale Crease Capital framing

What would 25 After Glow Tanning & Beauty Bar units return on equity?

Edit assumptions

Equity IRR · 5-yr

49.9%

7.57× MOIC

Year-1 DSCR

1.88×

EBITDA ÷ debt service

Equity required

$465K

on $2.3M purchase

Total debt

$1.9M

SBA $1.2M + senior + seller note

Overview

About

After Glow Tanning & Beauty Bar franchisees operate retail locations offering spray tanning, UV tanning beds, and beauty services (likely nails, facials, waxing). Daily operations include managing tanning equipment, scheduling client appointments, staffing the salon floor, cleaning/maintaining beds, inventory management, and handling POS transactions.

CEO
Elizabeth Little
Founded
2024
FDD year
2025
States available
1

Item 7 · what it costs

The Vitals

Total investment
$75K – $150K
All-in to open one unit
Liquid capital
$10K – $30K
Cash you must have on hand
Franchise fee
$25K
Royalty
7.0%
Percentage of Gross Sales · typical 6–8%
Ad fund
0.5%
typical 3–5%
Total fee load
7.5%
vs 9–13% typical

Item 19

Financial Performance

Avg gross sales
$150K
Per unit, per year
Median gross sales
Item 19 type
Gross Revenue
Sample size
1 units
vs category median 34 · small
Transparency
3 / 5
vs category median 4 / 5 · below
Revenue rank1th
vs Personal Services - Beauty & Salon peers
Investment cost rank11th
Lower investment ranks lower (better)
Royalty rate rank61th
Lower royalty = lower percentile (better)
Unit count rank1th
vs Personal Services - Beauty & Salon peers
Risk score rank78th
Lower risk = lower percentile (better)

Item 20 · unit dynamics

The Growth Chart

Total units
1
Opened
0
Last reporting year
Closed
0
Turnover rate
0.0%
Company-owned
1
Corporate units in the system
% franchised
0%
vs corporate-owned

No multi-year history disclosed and no opening/closing activity in the last reporting year.

Item 12 · 1 state reported

The Territory Map

FDD Item 12 reports the state count, but the specific list isn't in our current data. The map will appear once we re-extract from the FDD or enough franchisee contacts are available.

1

states with franchisees (per FDD Item 12)

Government records

SBA Loan Data

Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.

No SBA loan data available for this brand.

FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17

Risk & Legal

72
Risk · 0-100
CAUTION72 / 100

Extreme caution warranted: single-unit system with going concern issues, undisclosed profitability, and high operating costs relative to claimed revenues.

Score breakdown · what drove the 72 / 100 rating

  1. 01HIGHGoing Concern status indicates financial instability or potential insolvency of franchisor
  2. 02MEDOnly 1 disclosed unit with unknown growth trajectory suggests system is not scaling or may be contracting
  3. 03MEDNet income not disclosed despite $150k average revenue claim — suggests profitability concerns or selective reporting
  4. 04MINORHigh royalty rate (7%) on modest $150k average revenue leaves only ~$139.5k before royalties, rent, staff, and supplies
  5. 05MINORNo Item 19 financial performance representations limits ability to validate earnings claims
  6. 06MINORSignificant investment range ($75k-$150k) with vague cost breakdown indicates unpredictable startup expenses
  7. 07MINOR10-year term is lengthy commitment given franchisor's unstable financial position

Severity inferred from the FDD text · not a regulatory classification

FDD Items 5, 6, 12, 17 · continued from Risk & Legal

Contract & Territory Detail

Territory
Radius
Protected territory
Yes
Initial term
10 years
Renewal term
10 years
Online sales rights
Granted
Franchisor can compete
Yes
Hire a manager?
Allowed
Litigation count
0
Right of first refusal
Yes
Franchisor can buy back on resale
Mandatory arbitration
Yes
Jury trial waiver
Yes
Non-compete
2 yrs
Post-termination restriction
Owner-operator
Optional
Governing law
Minnesota

Item 20

Franchisee Contacts

Phone numbers extracted directly from this brand's FDD Item 20. After purchase, you'll also receive a list of validation questions tailored to this brand.

Franchisee contacts

1 numbers

Locked
(218) 206-••••
MN

One-time purchase · CSV download · Validation questions included

FDD download

After Glow Tanning & Beauty Bar · FDD (2025) PDF

Single-page checkout · instant download · CSV export of contacts available separately above