Bath Tune-Up Franchise Cost, Revenue & Review 2026
- Investment
- $110K – $174K
- Disclosed sales
- $304K
- gross sales, not profit
- SBA charge-off
- Limited · 11 loans
Data from FDD filing + SBA 7(a) records
Analysis by FranchiseVerdict Research · Methodology
Bath Tune-Up is a bathroom remodeling franchise offering updates, refreshes, and full renovations. Franchisees run local operations, handling in-home design consultations, sales, and installation crews within a territory.
FranchiseVerdict summary · 2026
A BATH TUNE-UP franchise requires a total initial investment of $110K – $174K, including a $20K franchise fee and an ongoing 7.0% royalty[2]. Per the 2025 FDD, average revenue per territory was $304K. This franchisor reports Item 19 per territory rather than per outlet, so the figure is not comparable with per-outlet averages[2]. FranchiseVerdict grade: B (Above average), an editorial assessment, not investment advice. Run a live ROI scan →
Sources, dates and evidence
FDD issued: · Data extracted: · Last cited check: · Staleness risk: medium - issued 12 to 24 months ago; a newer filing is likely on file
Evidence: strong✓ Investment (Item 7)✓ Item 19 status✓ Units and owners (Item 20)✓ SBA loan coverage✓ Litigation (Item 3)✓ Financial statements (Item 21)✓ Franchisor identityhow this is scored7 of 8 headline figures on this page cite a page of the filing; the rest are marked “Not cited” beside the figure.
Overview
- Investment
- $110K – $174K
- 39th pct Home Services
- Avg gross sales
- $304K
- Per territory, not per outletOutlet subset
- Royalty
- 7.0%
- 48th pct Home Services
- Units
- 48
- 46th pct Home Services
- SBA charge-off
- N/A
Quick verdict · Home Services · color = vs category peers
Green = favorable by >10% vs Home Services median · No shading = within ±10% · Red = unfavorable by >10% · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
Bottom line
- COSTTotal investment $110K – $174K including a $20K franchise fee, 7.0% ongoing royalty.
- RETURNSAverage revenue per territory of $304K/year (median $275K) (reported for a subset of outlets rather than the whole system). Averaged per territory, not per outlet - not comparable with per-outlet figures.
- RISKVerdict B (Above average), verdict score 60/100 (higher is better).
- GROWTHFlat: no net change in franchised outlets in the latest year (9 opened, 9 closed) (Item 20).
- FLAG6 units terminated last reporting year (12.5% of the system). Ask existing franchisees why.
Item 1 · who you're contracting with
The Franchisor
Corporate structure & franchisor financials
- Legal entity
- HFC KTU LLC
- Parent company
- Home Franchise Concepts, LLC
- FDD Item 1, page 8 of the 2025 FDD
- Ultimate parent
- JM Family Enterprises, Inc.
- FDD Item 1, page 8 of the 2025 FDD
- Predecessor
- DCHFamily, Inc. f/k/a KTU Worldwide, Inc.
- Prior franchisor entity
- CEO title
- President
- Heidi Morrissey
- CEO experience
- 4 yrs
- Years in role or industry
- Incorporated in
- DE
- HQ
- 14 S. Main Street, Suite 1C, Aberdeen, South Dakota 57401
- Auditor
- PricewaterhouseCoopers LLP
- Audited financials
- Franchisor revenue
- $13.9M
- vs $14.4M prior year
- Management churn noted
- Frequent turnover
- Item 2 disclosed frequent executive changes
Independent franchisee associations
- Franchise Advisory Council (FAC)
Franchisee-led councils or alliances disclosed in Item 20. Indicates operator voice.
Affiliated brands
- Two Maids Franchising
- AdvantaClean Systems
- Loss Control and Recovery
- AdvantaClean Equipment Rental
- Lightspeed Restoration
- Budget Blinds
- Aussie Pet Mobile
- American Decorative Coatings
- Order Processing Services
- Organized Spaces
Other brands the franchisor or its parent operates (Item 1).
Same owner · FDD Item 1, page 8
8 other brands on this site name JM Family Enterprises, Inc. as parent or ultimate parent in their own FDD.
- AdvantaCleanD
- Aussie Pet MobileC
- BUDGET BLINDSB
- CONCRETE CRAFTD
- PREMIERGARAGEB
- THE TAILORED CLOSETB
- TWO MAIDSA
- Tailored LivingC
Portfolio: Home Franchise Concepts
Grouped by the owner's name as each filing prints it (this page: the 2025 FDD). Spelling variants of the same group may be listed apart; a brand is never grouped with an owner its filing does not name.
Overview
About
- CEO
- Heidi Morrissey
- Headquarters
- SD
- Founded
- 2020
- FDD year
- 2025
- States available
- 19
Can you afford it, and what does the money buy?
Entry cost runs 16% below the typical home services franchise.
Source: FDD 2025 · Items 5–7
Full Item 7 breakdown15 line items
Initial investment breakdown
| Line item | Low | High | |
|---|---|---|---|
| Initial Franchise Feenot refundable | $20K | $20K | |
| Initial Territory Feenot refundable | $45K | $45K | |
| Travel and Living Expenses While Training | $2K | $3K | |
| Office/Work Space | $500 | $3K | |
| Vehicle | $7K | $40K | |
| Credit Card Processing Technology | $30 | $500 | |
| Miscellaneous Tools and Office Supplies | $1K | $3K | |
| Miscellaneous Opening Costs | $2K | $4K | |
| Lead Safe Certification | $300 | $500 | |
| Contractor's License and Bond | $150 | $2K | |
| Auto Insurance | $1K | $3K | |
| Commercial General Liability Insurance | $500 | $2K | |
| Professional Fees | $750 | $4K | |
| Initial Marketing - 3 months | $15K | $20K | |
| Additional Funds - before opening and first three months | $15K | $25K | |
| Total initial investment | $110K | $174K |
Line items extracted from FDD Item 7. Ranges reflect the franchisor's stated low and high per line. Total is the sum of line-item lows / highs — actual costs may fall outside this range depending on market and build-out scope.
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $110K – $174K
- Top 40% of category vs category
- Liquid capital req'd
- $15K – $25K
- Top 40% of category vs category
- Franchise fee
- $20K – $20K
- Top 40% of category vs category
- Royalty
- 7.0%
- Tiered by sales volume · typical 6–8%
- Ad fund
- 1.0%
- typical 3–5%
- Total fee load
- 8.0%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 7.0% of gross sales |
| Marketing / ad fund | 1.0% of gross sales |
| Technology fee | $450 |
| Training fee | $150 |
| Transfer fee | $25K |
| Renewal fee | $5K |
| Inventory (initial) | $2K – $4K |
| Total fee load | 8.0% of rev |
What do units actually make?
Average unit sales run 48% below the home services norm.
Averaged per territory, not per outlet - not comparable with per-outlet figures
Reported for a subset of outlets rather than the whole system
Source: FDD 2025 · Item 19
Single-unit · not modelled
Returns at a glance
An FDD discloses gross sales, not profit, and the operating costs that turn one into the other are in no filing. We publish no modelled return for BATH TUNE-UP until someone supplies them — yours, in the models below.
—
Not modelled yet
An FDD discloses gross sales, not profit. We hold no sourced figure for COGS, labour, rent / occupancy and other operating costs, and will not substitute an assumed one. Enter your own and the model runs on your assumptions.
Total invested capital · disclosed
$162K
Item 7 initial investment plus working capital, as filed — the one figure here that needs no assumption.
ROI & LBO modelsSingle-unit · 25-unit portfolio · editable
What one unit earns on your invested capital
Model A · Single-Unit Return
Computes unlevered return on invested capital (ROIC) for a single franchise unit, read against the 30–60% reference band · Yale SOM, Post-MBA Path Exhibit 2 (2023). Below that band a passive index fund likely outperforms; above it the franchisor has pricing power you're subsidizing.
Note: Item 19 revenue is what the franchisor discloses, and it is the top line only — gross sales are not profit. No FDD discloses the operating costs that turn one into the other, so those fields start empty and nothing is modelled until you supply them from your own lease quote, labor market and build-out budget.
Returns model · single-unit ROIC
What would one BATH TUNE-UP unit return on the cash you put in?
Illustrative category typicals — not sourced to any filing, survey or sample. Replace them with figures from franchisee validation calls before you rely on the output.
Unlevered ROIC · per unit
Your modelled return on total invested capital, before any debt financing.
—
An FDD discloses gross sales, not profit. We hold no sourced figure for COGS, labour, rent / occupancy and other operating costs, and will not substitute an assumed one. Enter your own and the model runs on your assumptions.
What 25 units return when you use SBA financing
Model B · Return on Equity: Debt-Financed Acquisition
Models a 25-unit portfolio acquisition financed with an SBA 7(a) loan. Shows equity IRR (your return on cash invested), DSCR (how safely the cash flow covers debt service), and the capital stack (SBA + seller + equity breakdown).
This is the “search fund” or “entrepreneurship through acquisition” scenario: you buy an existing multi-unit operator, use leverage to amplify returns, and either operate or hire management. The 25-unit size is the typical minimum for an SBA-backed franchise portfolio acquisition to pencil as a full-time income.
What “return on equity” means here: if you put in $500K of your own cash and the business generates enough EBITDA to pay down debt and grow, your equity IRR is the annual return on that $500K, including the value created when you eventually sell. Target IRR for a search fund is typically 25–35%.
Not modelled yet
An FDD discloses gross sales, not profit. We hold no sourced figure for COGS, labour, rent / occupancy and other operating costs, and will not substitute an assumed one. Enter your own and the model runs on your assumptions.
A 25-unit return is built on a per-unit EBITDA. Fill in the operating costs in Model A above and this model runs on that figure, or take the whole scenario to the full ROI workbench, where the portfolio and LBO models accept your own per-unit economics directly.
These models are for research and scenario planning only. Not investment advice. Actual results depend on your specific location, management, and market conditions. Consult a franchise attorney and accountant before signing any franchise agreement.
Item 19 · Source: 2025 FDD
Financial Performance
Averaged per territory, not per outlet - not comparable with per-outlet figures
Reported for a subset of outlets rather than the whole system
- Avg gross sales
- $304K
- Per territory, per year — not per outlet
- Median gross sales
- $275K
- Per territory, not per outlet
Gross sales are revenue before expenses — not profit. Actual owner earnings depend on rent, labor, royalties, marketing fees, and debt service.
- Item 19 type
- gross sales
- Sample size
- 9 territories
- vs category median 32 · small
- Range (low → high)
- $105K→$526KCited, not corroborated — printed on page 42 of the 2025 FDD. Nothing else in our record independently restates or re-derives it.
- Cohort dispersion (min → max)
- Quartile band
- $207K→$474K
- Bottom 25% → top 25%, per territory
- Reporting year
- 2024
- Fiscal year the figures cover
- Source filing
- FDD 2025
- Disclosed in the 2025 filing, covering 2024
- Transparency
- 7 / 10
- vs category median 4 / 10 · above
Compared against 319 Home Services brands
Operator outlook
What the numbers say
Data-driven interpretation of this brand's financial disclosures, fee structure, and system trajectory.
Unit economics
The average territory generates $304K/year in gross sales. Reported for a subset of outlets rather than the whole system.
Fee burden
Total ongoing fee load of 8.0% (near the Home Services median).
Disclosure
Transparency score 7/10 — this franchisor discloses detailed breakdowns (quartiles, segments, or cohort data). Buyers can model unit economics with higher confidence.
Operator retention
System expanding at 17.1% CAGR over 3 years across 48 units — operators are staying and new ones are joining.
Source: FDD Item 19 financial performance representations and publicly filed FDD data. Past performance is not indicative of future results. Verify all figures with the franchisor and current franchisees before making any investment decision.
vs Home Services medians
How Bath Tune-Up Compares
Per territory, not per outlet - the category median is per-outlet only, so no comparison is shown
Category median of published Home Services brands that report the figure; the middle half spans the 25th to 75th percentile and n counts the brands behind it. Medians are used because a few very large systems pull an average far from the typical brand. Revenue is disclosed gross sales, not profit.
Is the system healthy?
Source: FDD 2025 · Item 20
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 48
- Opened
- 9
- Last reporting year
- Closed
- 9
- Terminated
- 6
- Franchisor ended the franchise (per Item 20)
- Non-renewed
- 0
- Term expired, not renewed (per Item 20)
- Turnover rate
- 18.8%
- Company-owned
- 0
- Corporate units in the system
- % franchised
- 100%
- vs corporate-owned
- Net growth (3-yr)
- +17.1%
- Net unit change over 3 years
- 3-yr CAGR
- +17.1%
- Compounded over last 3 years
Last fiscal year · Item 20 exits and transfers
- Terminated
- 6
- Not renewed
- 0
- Transferred
- 1
- Reacquired
- 0
- Franchisor bought back
- Signed, not yet open
- 0
- 0.00 per open outlet · Item 20 Table 5
- Projected new
- 20
- Franchisor's next-year forecast
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 18 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).
States derived from franchisee contact records (FDD Item 20). Shows states with at least one current operator on file. Full state registration data (Item 12) will appear on a future FDD refresh.
Where the owners are · Item 20 owner list
30 current owners across 16 states; 6 former (terminated, transferred or not renewed) listed separately.
- TX 6
- CO 4
- MN 3
- AZ 2
- CA 2
- GA 2
- NC 2
- IN 1
- MI 1
- OH 1
- OR 1
- PA 1
- +4 more states
Counts only, from the list the franchisor prints in Item 20. Names and phone numbers are for your own due diligence and are not shown here.
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA 7(a) and 504 loan disclosures, public data unique to FranchiseVerdict.
- Total loans
- 11
- Loan volume
- $2.0M
- Median loan
- $180K
- average
- Charge-off rate
- Limited · 11 loans
- Limited SBA coverage: 11 loans, rate hidden until 10 have resolved and loans reach 2% of franchised units
Historical SBA 7(a) lending data, not predictive of future performance. How SBA charge-off rates are calculated
- Repayment rate (PIF)
- Limited · 11 loans
- 5-yr charge-off
- 0.0%
- Loans approved 2021+
- Active lenders
- 5
- Defaults
- 0
Vintage analysis
Bath Tune-Up charge-off rate by loan vintage
Top lenders financing Bath Tune-Up franchisees
Showing 3 of 5 lenders. The full breakdown — every lender, state distribution, interest rates & risk ratings — is in the SBA Lending Report below.
Explore lender portfolios on Bank Reports or regional data on State Reports.
Lender network · 7(a) + 504
SBA Lending Report
Full lending analysis for Bath Tune-Up from SBA 7(a) FOIA data.
Top SBA lenders
| # | Lender | Loans | Volume | Default % |
|---|---|---|---|---|
| 1 | United Midwest Savings Bank National Association | 4 | $590K | 0.0% |
| 2 | The Huntington National Bank | 3 | $414K | N/A |
| 3 | First Bank of the Lake | 2 | $302K | N/A |
| 4 | Magnifi Financial CU | 1 | $175K | N/A |
| 5 | Banesco USA | 1 | $500K | N/A |
Geographic failure vector
| State | Loans | Defaults | Rate |
|---|---|---|---|
| COColorado | 5 | 0 | -- |
| TXTexas | 2 | 0 | -- |
| FLFlorida | 1 | 0 | -- |
| GAGeorgia | 1 | 0 | -- |
| NCNorth Carolina | 1 | 0 | 0.0% |
| VAVirginia | 1 | 0 | -- |
Source: SBA 7(a) + 504 FOIA loan-level data, matched by FranchiseVerdict
What could kill this investment?
Source: SBA 7(a) FOIA · FDD Items 3, 21
Risk analysis
FranchiseVerdict rating + FDD Items 3, 4, 8, 16, 21
Risk & Legal
Undisclosed profitability metrics, stagnant unit growth, litigation history, and high fixed royalty burden create significant due diligence gaps and financial risk.
Litigation (Item 3)
Subject: the franchisor is a named party (plaintiff).
4 actions disclosed: (1) bankruptcy adversary proceeding vs former franchisee Brian Hill (settled 2024); (2) HFC KTU LLC v. Orange Diamond Remodeling Solutions - breach of contract/non-payment (dismissed 2024-2025); (3) HFC KTU LLC v. Fillmore Enterprises - amounts due under franchise agreement (filed Aug 2024); (4) Aussie Pet Mobile administrative proceeding before Maryland Securities Commissioner (Consent Order 2006, affiliate matter)
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · PricewaterhouseCoopers LLP
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
FY2024 audited Statements of Operations for HFC KTU LLC (dba Kitchen Tune-Up and Bath Tune-Up); combined entity, not Bath-only. Royalty income $7,256,176; continuing franchise fees $2,801,768; gross sales rebates $2,085,378; initial franchise fees $1,579,558; product and other sales $206,378.
Supplier relationship · Items 8 & 16
- Franchisor sells you products: Yes
- Kickbacks from required suppliers: Yes
- Must buy proprietary products: Yes
- Restricted to system-approved products: Yes
- Can negotiate own supplier terms: Yes
Score breakdown · what drove the 60 / 100 verdict
- 01MINORNo Item 19 (Average Net Income) disclosure — impossible to validate $109,930-$173,850 investment ROI claims
- 02MINORStagnant unit count at 48 with unknown growth trajectory suggests market saturation or retention issues
- 03HIGHMultiple litigation disclosures including franchisor breach of contract actions against franchisees, indicating collection or compliance disputes
- 04MINOR2006 regulatory consent order with affiliate (Aussie Pet Mobile) on franchise law compliance raises governance concerns
- 05HIGHBankruptcy adversary proceeding by franchisee guarantor indicates financial distress among franchisees
- 06MINORHigh royalty floor ($750-$1,500/month = $9,000-$18,000 annually) creates breakeven pressure on $303,701 average revenue
Severity inferred from the FDD text · not a regulatory classification
What are you signing up for?
Ongoing fees run about 8.0% of sales (royalty + ad fund), before rent and labor.
Source: FDD 2025 · Items 11, 12, 17
FDD Items 12, 15, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 10 years |
|---|---|
| Renewal term | 5 years |
| Allowed renewalsℹ | 2 |
| Territory type | Protected territory |
| Protected territory | Yes |
| Exclusive territoryℹ | No |
| Territory population | 41,000 |
| Online sales rights | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Optional |
| Non-compete (years)ℹ | 2 years |
| Non-compete (miles)ℹ | 25 mi |
| Right of first refusalℹ | Yes |
| Transfer requires consent | Yes |
| Termination notice | 30 days |
| Curable defaultsℹ | 3 |
| Mandatory arbitration | Yes |
| Arbitration location | Brown County, South Dakota |
| Jury trial waiver | No |
| Governing law | SD |
| Litigation count | 4 |
View Item 3 litigation summary
4 actions disclosed: (1) bankruptcy adversary proceeding vs former franchisee Brian Hill (settled 2024); (2) HFC KTU LLC v. Orange Diamond Remodeling Solutions - breach of contract/non-payment (dismissed 2024-2025); (3) HFC KTU LLC v. Fillmore Enterprises - amounts due under franchise agreement (filed Aug 2024); (4) Aussie Pet Mobile administrative proceeding before Maryland Securities Commissioner (Consent Order 2006, affiliate matter)
Items 10, 11
Training & Operations
- Classroom training
- 121 hrs
- On-the-job training
- 66 hrs
- Training location
- Coppell, TX and virtual/franchisee location
- Ongoing training
- Required
- Time to open
- 0 mo
- From signing to launch
- Site selection
- Franchisee
- Franchisor financing
- Offered
- Item 10
- POS system
- BATH TUNE-UP Customer Relations Management System (“CRM System”)
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: BATH TUNE-UP Customer Relations Management System (“CRM System”)
Item 20 · call current owners
Franchisee Contacts
36 owners to call
Name · phone · city · state. Extracted from FDD Item 20
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a BATH TUNE-UP franchise?
The total investment to open a BATH TUNE-UP franchise ranges from $110K – $174K, with an initial franchise fee of $20K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do BATH TUNE-UP franchise owners earn?
According to Item 19 of the BATH TUNE-UP FDD, the average gross sales per unit is $304K. The median is $275K. Important context: Averaged per territory, not per outlet - not comparable with per-outlet figures; Reported for a subset of outlets rather than the whole system. Note: this is gross revenue, not profit. Actual owner earnings vary based on location, operating costs, and management.
Who owns BATH TUNE-UP?
BATH TUNE-UP is franchised by HFC KTU LLC. Its parent company is Home Franchise Concepts, LLC. The ultimate parent named in the FDD is JM Family Enterprises, Inc.. Source: FDD Item 1, 2025 filing.
What is Item 19 in the BATH TUNE-UP FDD?
The FDD section where a franchisor may disclose financial performance of its outlets. Disclosure is optional and formats vary; figures are typically gross sales, which is revenue before expenses, not profit. FranchiseVerdict extracts these figures directly from the BATH TUNE-UP FDD and qualifies whose outlets they describe.
What is BATH TUNE-UP's franchise failure rate?
SBA 7(a) loan charge-off data is not available for BATH TUNE-UP (fewer than 10 loans on file). Charge-off rates are one way to gauge franchise risk, but not all franchise loans go through the SBA program. We recommend reviewing turnover and closure data in the FDD and speaking with current franchisees.
How many BATH TUNE-UP franchise locations are there?
As of their most recent FDD filing, BATH TUNE-UP has 48 total units in the United States, including 48 franchised units and 0 company-owned units. 9 new units were opened in the latest reporting year.
Is BATH TUNE-UP a good franchise to buy?
FranchiseVerdict rates BATH TUNE-UP as a B-grade franchise with a verdict score of 60 out of 100 (higher is better). The grade is a deterministic score built from six weighted dimensions — financial health, unit economics, unit growth, scale, legal, and transparency — then calibrated against SBA loan charge-off rates and FDD age. Transparency is one of the six, so a filing that discloses less scores lower on that dimension than one that discloses more. Our rating is based solely on publicly available FDD and government data; we recommend speaking with current franchisees before making any investment decision. This is not investment advice.
Data sourced from public FDD filings and SBA 7(a) FOIA records. Not financial advice.
For franchisors
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Data extracted from public FDD filings and SBA 7(a) loan disclosures (FOIA). This information is provided for research purposes only and does not constitute financial, legal, or investment advice. Verify all figures with the franchisor's current Franchise Disclosure Document before making any investment decision.