Bottom line
- Total investment $110K – $174K including a $65K franchise fee.
- Average unit revenue of $304K/year (median $275K).
- Rated STRONG with a risk score of 52/100. SBA loan default rate of 0.0% across 22 loans (below the industry average).
- System growing at 17.1% CAGR over 3 years with 48 total units — strong expansion trajectory.
Item 1 · who you're contracting with
The Franchisor
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 BATH TUNE-UP unit return on the cash you put in?
Unlevered ROIC · per unit
28%
Below typical band (30–60%)
Levered LBO scenario · Yale Crease Capital framing
What would 25 BATH TUNE-UP units return on equity?
Equity IRR · 5-yr
49.9%
7.57× MOIC
Year-1 DSCR
1.88×
EBITDA ÷ debt service
Equity required
$486K
on $2.4M purchase
Total debt
$1.9M
SBA $1.2M + senior + seller note
Overview
About
Bath Tune-Up franchisees operate mobile bathtub and tile refinishing services, visiting customer homes to resurface and repair bathroom fixtures. Day-to-day operations involve scheduling appointments, managing service delivery teams, handling customer payments, and maintaining equipment for on-site bathtub reglazing and repair work.
Item 7 · what it costs
The Vitals
Item 19
Financial Performance
Item 20 · unit dynamics
The Growth Chart
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 15 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 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.
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Undisclosed profitability metrics, stagnant unit growth, litigation history, and high fixed royalty burden create significant due diligence gaps and financial risk.
Score breakdown · what drove the 52 / 100 rating
- 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
FDD Items 5, 6, 12, 17 · continued from Risk & Legal
Contract & Territory Detail
Item 11
Training & Operations
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
51 numbers
One-time purchase · CSV download · Validation questions included
FDD download
BATH TUNE-UP · FDD (2025) PDF