FranchiseVerdict
BARKSUDS logo
FV-00241·STRONGExcellent95

Barksuds

Personal Services - Beauty & SalonFranchising since 2021Website
Investment
$222K – $283K
45th pct Beauty & Salon
Avg revenue
$284K
5th pct Beauty & Salon
Royalty
6.0%
18th pct Beauty & Salon
Units
14
29th pct Beauty & Salon
SBA default
0.0%
vs <3% typical

Bottom line

  • Total investment $222K – $283K including a $47K franchise fee, 6.0% ongoing royalty.
  • Average unit revenue of $284K/year (median $260K).
  • Rated STRONG with a risk score of 44/100. SBA loan default rate of 0.0% across 10 loans (below the industry average).
  • Auditor disclosed a going-concern note — flagged doubt about the franchisor's ability to continue operations. Verify against the latest FDD.

Item 1 · who you're contracting with

The Franchisor

Legal entity
BarkSuds Franchising, LLC
Incorporated in
Florida
HQ
10430 N. Dale Mabry Highway, Tampa, Florida 33618
Auditor
LaPlant & Rainey CPA, PA
Audited financials
Franchisor revenue
$1.0M
vs $1.3M prior year
⚠ Going-concern note
Disclosed in FDD 2025
Auditor flagged doubt about continued operations. Verify against the latest FDD before deciding.

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 BARKSUDS unit return on the cash you put in?

Revenue · per unit, per year
$
FDD Item 19 reports $284,411
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: $222K–$283K
Working capital
$
FDD reports $15K–$30K

Unlevered ROIC · per unit

22%

Below typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$60K
EBITDA margin
21.0%
Total invested
$275K
Payback
55 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 BARKSUDS 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

$796K

on $4.0M purchase

Total debt

$3.2M

SBA $2.0M + senior + seller note

Overview

About

BARKSUDS appears to be a mobile or location-based dog grooming franchise. Franchisees operate grooming services—bathing, styling, nail care, and related pet hygiene services—either from a salon unit or mobile grooming vehicle. Day-to-day operations include scheduling appointments, performing grooming services, managing pet health/safety protocols, and handling customer relations.

CEO
Richard Landman
Founded
2024
FDD year
2025
States available
3

Item 7 · what it costs

The Vitals

Total investment
$222K – $283K
All-in to open one unit
Liquid capital
$15K – $30K
Cash you must have on hand
Franchise fee
$47K
Royalty
6.0%
Gross Sales · typical 6–8%
Ad fund
3.0%
typical 3–5%
Total fee load
9.0%
vs 9–13% typical

Item 19

Financial Performance

Avg gross sales
$284K
Per unit, per year
Median gross sales
$260K
Item 19 type
Average and Median Gross Sales
Sample size
5 units
vs category median 34 · small
Range (low → high)
$159K$392K
Cohort dispersion
Transparency
4 / 5
vs category median 4 / 5 · typical
Revenue rank5th
vs Personal Services - Beauty & Salon peers
Investment cost rank45th
Lower investment ranks lower (better)
Royalty rate rank18th
Lower royalty = lower percentile (better)
Unit count rank29th
vs Personal Services - Beauty & Salon peers
Risk score rank4th
Lower risk = lower percentile (better)

Item 20 · unit dynamics

The Growth Chart

Total units
14
Opened
6
Last reporting year
Closed
0
Turnover rate
0.0%
Company-owned
3
Corporate units in the system
% franchised
79%
vs corporate-owned
Net growth (yr3)
+120.0%
Net unit change last year
3-yr CAGR
Outlier (see FDD)
Likely small-sample artifact
2023
11+6
Franchised units
2024
5
Franchised units
2025
1
Franchised units

Year-over-year franchised unit counts and net change. Source: FDD Item 20.

Item 20 · 7 states with active franchisees

The Territory Map

Derived from franchisee contact records. Shows states with at least one current operator — not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).

AK
ME
VT
NH
MA
RI
CT
NY
NJ
PA
DE
MD
DC
WA
OR
CA
NV
ID
MT
WY
UT
CO
AZ
NM
ND
SD
NE
KS
OK
TX
MN
IA
MO
AR
LA
WI
IL
MS
TN
MI
IN
KY
AL
OH
WV
GA
VA
NC
SC
FL
HI
Registered · 7 states
Not registered

States derived from franchisee phone area codes (Item 20). Approximate — ported numbers may show the original state, not the franchisee's current location.

Government records

SBA Loan Data

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

Total loans
10
Loan volume
Avg loan
Default rate
0.0%
vs <3% typical · system-wide
5-yr default

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

Risk & Legal

44
Risk · 0-100
STRONG44 / 100

Early-stage pet grooming franchise with undisclosed unit economics, regulatory compliance history, and insufficient scale to validate the business model viability.

Score breakdown · what drove the 44 / 100 rating

  1. 01MEDNet income not disclosed despite $284K average revenue — inability or unwillingness to demonstrate profitability raises earnings claim concerns
  2. 02MINOR2024 Virginia regulatory investigation and settlement indicates compliance issues with franchise disclosure laws
  3. 03MINOR14-unit system is extremely small; 120% YoY growth from tiny base is mathematically easy but operationally unproven at scale
  4. 04MINOR6% royalty on gross sales (not net) is high-end for pet services and compounds if profitability is marginal
  5. 05MINOR$222K-$283K investment with $46.5K franchise fee is material commitment for unverified income potential

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/Boundary
Protected territory
Yes
Initial term
10 years
Renewal term
10 years
Online sales rights
Restricted
Franchisor can compete
Yes
Hire a manager?
Allowed
Litigation count
1
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
Required
Governing law
Florida

Item 11

Training & Operations

Classroom training
125 hrs
On-the-job training
101 hrs
POS system
DaySmart point of sale software
Operating tech stack

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

22 numbers

Locked
(832) 773-••••
TX
(214) 621-••••
TX
(346) 819-••••
FM

One-time purchase · CSV download · Validation questions included

FDD download

BARKSUDS · FDD (2025) PDF

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