Bobbles & LaceFranchise Cost, Revenue & Review 2026
Data from FDD filing + SBA 7(a) records
FranchiseVerdict summary · 2026
A Bobbles & Lace franchise requires a total initial investment of $163K – $300K, including a $25K franchise fee. Per the 2025 FDD, average unit revenue was $672K[2]. Verdict grade: A. Run a live ROI scan →
Data last verified June 18, 2026 · figures per the 2025 FDD issuance
Overview
- Investment
- $163K – $300K
- 17th pct Retail
- Avg gross sales
- $672K
- 7th pct Retail
- Royalty
- N/A
- Units
- 24
- 12th pct Retail
- SBA default
- 0.0%
- system-wide median varies by category
Quick verdict · Retail · color = vs category peers
Green = >15% above Retail avg · No shading = within ±15% · Red = >15% below avg · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
The franchisor's auditor raised doubt about continued operations. This is a serious risk signal.
60% cash-on-cash return (based on P&L Bottom Line). Above the 20% threshold most investors target.
Bottom line
- Total investment $163K – $300K including a $25K franchise fee.
- Average unit revenue of $672K/year, with an estimated 60% cash-on-cash return (based on P&L Bottom Line).
- Verdict A (Top Quintile) with a risk score of 18/100.
- Auditor disclosed a going-concern note, which 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
- Bobbles and Lace Franchise, LLC
- Predecessor
- entities
- Prior franchisor entity
- Incorporated in
- WY
- HQ
- 4 Berringer Way, Suite 2-W, Marblehead, Massachusetts 01945
- Auditor
- NAPER CPA GROUP
- Audited financials
- Franchisor revenue
- $286K
- vs $570K prior year
- ⚠ Going-concern note
- Disclosed in FDD 2025
- Auditor flagged doubt about continued operations. Verify against the latest FDD before deciding.
Overview
About
Bobbles & Lace franchisees operate retail or kiosk-based specialty accessory boutiques selling hair accessories, fashion jewelry, and complementary gift items. Day-to-day operations include inventory management, point-of-sale transactions, visual merchandising, and local marketing to drive foot traffic in protected territories.
- CEO
- Lindsay Rose Rando
- Headquarters
- MA
- Founded
- 2022
- FDD year
- 2025
- States available
- 15
FDD Item 7 · 2025 filing · 19 line items
Initial investment breakdown
| Line item | Low | High | |
|---|---|---|---|
| Initial Franchise Fee | $25K | $25K | |
| Initial Training Fee | $25K | $25K | |
| Rent (one month) | $4K | $25K | |
| Lease Security Deposit | $0 | $25K | |
| Utilities | $100 | $2K | |
| Leasehold Improvements | $10K | $30K | |
| Market Introduction Program | $2K | $4K | |
| Furniture, Fixtures, and Equipment | $20K | $30K | |
| Computer Systems | $4K | $5K | |
| Insurance (three months) | $1K | $3K | |
| Signage | $2K | $5K | |
| Office Expenses | $500 | $1K | |
| Inventory | $40K | $60K | |
| Licenses and Permits | $500 | $1K | |
| Professional Fees (lawyers, accountants, etc.) | $2K | $3K | |
| Training Travel, Lodging, and Board Costs | $3K | $6K | |
| Additional Funds (three months) | $25K | $50K | |
| Multi-Unit Development Fee for Two to Five Businesses | $90K | $210K | |
| Estimated Initial Investment to Open a Multi-Unit Development Business | $113K | $250K | |
| Total initial investment | $366K | $760K |
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.
Single-unit · estimated
Returns at a glance
Indicative numbers using FDD Item 7 / Item 19 inputs and category-benchmarked cost ratios. Full single-unit, 25-unit portfolio, and LBO models (with every input editable to stress-test your own scenario) live on the financials page.
Store EBITDA · annual
$54K
8.0% margin
Unlevered ROIC
20%
EBITDA / total invested capital
Payback
5.0 yrs
cash-on-cash, unlevered
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $163K – $300K
- Better than avg vs category
- Liquid capital req'd
- $25K – $50K
- Better than avg vs category
- Franchise fee
- $25K – $25K
- Better than avg vs category
- Royalty
- The greater of 5% of Gross Sales or $500
- Ad fund
- 1.0%
- typical 3–5%
- Total fee load
- 6.0%
- vs 9–13% typical
- Payback period
- 1.7 yrs
- From FDD / Item 19
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Marketing / ad fund | 1.0% of gross sales |
| Technology fee | $250 |
| Training fee | $10K |
| Transfer fee | $10K |
| Renewal fee | $10K |
| Inventory (initial) | $40K – $60K |
| Total fee load | 6.0% of rev |
A 6.0% total fee load is unusually lean. More of each revenue dollar stays with the franchisee.
Financial Performance
- Avg gross sales
- $672K
- Per unit, per year
- Median gross sales
- N/A
- Avg p&l bottom line
- $140K
- Reported as P&L Bottom Line in FDD Item 19
- Cash-on-cash
- 60.4%
- Based on P&L Bottom Line / investment midpoint
- Item 19 type
- Financial Performance
- Sample size
- 14 units
- vs category median 49 · small
- Range (low → high)
- $272K→$1.3M
- Cohort dispersion (min → max)
- Transparency tier
- full
- Categorical assessment of disclosure depth
- Transparency
- 9 / 5
- vs category median 2 / 5 · above
Compared against 304 Retail brands
vs Retail averages
How Bobbles & Lace Compares
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 24
- Opened
- 5
- Last reporting year
- Closed
- 1
- Turnover rate
- 4.2%
- Company-owned
- 8
- Corporate units in the system
- % franchised
- 67%
- vs corporate-owned
- Net growth (yr3)
- +33.3%
- Net unit change last year
3-year detail · Item 20
- Transfers (3yr)
- 0
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 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.
Available to sell in · Item 12
- California
- Illinois
- Michigan
- New York
- Rhode Island
States where the franchisor is registered to sell new franchises (FDD registration filings).
Fast growth in a small system. Newer franchisors expanding quickly may not yet have the support infrastructure of larger systems.
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA loan disclosures. This brand has only 5 7(a) loans on file; statistical reliability is limited below 10 loans.
- Total loans
- 5
- Loan volume
- $704K
- Median loan
- $150K
- 50th percentile
- Charge-off rate
- 0.0%
- rates vary by category · see methodology
Historical SBA 7(a) lending data, not predictive of future performance. How SBA charge-off rates are calculated
- Repayment rate (PIF)
- 100.0%
- 5-yr charge-off
- 0.0%
- Loans approved 2021+
- Active lenders
- 4
- Defaults
- 0
Explore lender portfolios on Bank Reports or regional data on State Reports.
Premium insight
SBA Lending Report
Deep-dive into Bobbles & Lace's SBA lending history: lender network, geographic footprint, interest rates, and more.
SBA Lending Report
- Principal loss rate and NAICS industry benchmark
- 4 lenders with concentration factor
- Per-state charge-off rates across 4 states
- Startup risk premium and job creation velocity
- 2-year lending trend
Instant access. No subscription.
Risk analysis
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Bobbles & Lace presents moderate-to-cautious risk: strong unit growth and profitability are offset by aggressive expansion pace, opaque financial reporting, and unclear cost structure requiring deeper franchisee validation.
Litigation (Item 3)
0 case reference(s): 0 pending, 0 settled.
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · NAPER CPA GROUP⚠ Going-concern note flagged
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Supplier relationship · Items 8 & 16
- Franchisor sells you products: No
- Must buy proprietary products: No
- Restricted to system-approved products: No
Score breakdown · what drove the 18 / 100 rating
- 01MINORAggressive unit growth (33.3% YoY) raises sustainability questions — typical mature franchises grow 5-15% annually
- 02MINORWide investment range ($163k-$300k) suggests inconsistent build-out costs or undefined territory sizes
- 03MINORMinimum royalty of $500/month ($6,000 annually) represents 0.9% of average net income — stress test at lower revenue
- 04MEDItem 19 financial data limited to averages with no median/range disclosure — potential outlier inflation masking underperformers
- 05HIGHNo litigation disclosed but rapid expansion increases franchise system complexity and dispute risk
Severity inferred from the FDD text · not a regulatory classification
FDD Items 5, 6, 12, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 10 years |
|---|---|
| Renewal term | 10 years |
| Allowed renewalsℹ | 2 |
| Territory type | Radius or ZIP codes |
| Protected territory | Yes |
| Online sales rights | Granted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Optional |
| Non-compete (years)ℹ | 2 years |
| Right of first refusalℹ | Yes |
| Termination notice | 30 days |
| Termination groundsℹ | 1 |
| Mandatory arbitration | Yes |
| Jury trial waiver | Yes |
| Governing law | Wyoming |
| Litigation count | 0 |
View Item 3 litigation summary
0 case reference(s): 0 pending, 0 settled.
Items 10, 11
Training & Operations
- Classroom training
- 18 hrs
- On-the-job training
- 39 hrs
- Training location
- On-site and at franchisor location
- POS system
- Lightspeed POS
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: Lightspeed POS
Item 20 · call current owners
Franchisee Contacts
18 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
Bobbles & Lace · FDD (2025) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a Bobbles & Lace franchise?
The total investment to open a Bobbles & Lace franchise ranges from $163K – $300K, with an initial franchise fee of $25K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do Bobbles & Lace franchise owners earn?
According to Item 19 of the Bobbles & Lace FDD, the average gross sales per unit is $672K. Note: this is gross revenue, not profit. Actual owner earnings vary based on location, operating costs, and management.
What is Bobbles & Lace's franchise failure rate?
SBA 7(a) loan charge-off data is not available for Bobbles & Lace (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 Bobbles & Lace franchise locations are there?
As of their most recent FDD filing, Bobbles & Lace has 24 total units in the United States, including 1 franchised units and 8 company-owned units. 5 new units were opened in the latest reporting year.
Is Bobbles & Lace a good franchise to buy?
FranchiseVerdict rates Bobbles & Lace as a A-grade franchise with a risk score of 18 out of 100, based on our analysis of investment costs, revenue data, SBA loan performance, and growth trends. 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.
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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.