Carre D’artistesFranchise Cost, Revenue & Review 2026
Data from FDD filing
FranchiseVerdict summary · 2026
A CARRE D’ARTISTES franchise requires a total initial investment of $251K – $513K, including a $35K franchise fee and an ongoing 7.0% royalty[2]. Per the 2025 FDD, average unit revenue was $786K[2]. Verdict grade: B. Run a live ROI scan →
Data last verified June 18, 2026 · figures per the 2025 FDD issuance
Overview
- Investment
- $251K – $513K
- 20th pct Recreation & …
- Avg gross sales
- $786K
- 14th pct Recreation & …
- Royalty
- 7.0%
- 18th pct Recreation & …
- Units
- 1
- 4th pct Recreation & …
- SBA default
- N/A
Quick verdict · Recreation & Entertainment · color = vs category peers
Green = >15% above Recreation & Entertainment 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
Bottom line
- Total investment $251K – $513K including a $35K franchise fee, 7.0% ongoing royalty.
- Average unit revenue of $786K/year.
- Verdict B (Above Average) with a risk score of 56/100.
- Revenue data based on only 1 reporting unit. Treat as directional, not definitive. Ask franchisees directly for current unit economics.
Item 1 · who you're contracting with
The Franchisor
- Legal entity
- CARRE D’ARTISTES GREAT AMERICA LLC
- Parent company
- Carré d’artistes USA Corp.
- Incorporated in
- NY
- HQ
- 336 AZ-179, Suite B121, Sedona, AZ 86336
- Auditor
- International Attest Solutions, LLC
- Audited financials
- Franchisor revenue
- $0
- vs $0 prior year
Overview
About
Carré d'Artistes franchisees operate art galleries or art-focused retail spaces, likely selling original artwork, prints, and curated pieces to consumers. Daily operations involve customer service, gallery curation, inventory management, and local marketing to drive foot traffic and sales. The $786K average revenue suggests moderate-scale retail operations dependent on foot traffic and tourist/local patronage.
- CEO
- Stéphanie Tosi
- Headquarters
- AZ
- Founded
- 2001
- FDD year
- 2025
- States available
- 1
FDD Item 7 · 2025 filing
Initial investment breakdown
| Cost component | Low | High |
|---|---|---|
| Initial franchise fee | $35K | $35K |
| Working capital (3–6 mo) | $5K | $20K |
| Equipment, build-out, other | $211K | $458K |
| Total initial investment | $251K | $513K |
Source: CARRE D’ARTISTES 2025 FDD, Items 5 and 7[2]. “Equipment, build-out, other” is computed as total minus disclosed line items above.
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
$110K
14.0% margin
Unlevered ROIC
28%
EBITDA / total invested capital
Payback
3.6 yrs
cash-on-cash, unlevered
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $251K – $513K
- Better than avg vs category
- Liquid capital req'd
- $5K – $20K
- Better than avg vs category
- Franchise fee
- $35K – $35K
- Better than avg vs category
- Royalty
- 7.0%
- Net Sales · typical 6–8%
- Ad fund
- 2.0%
- typical 3–5%
- Total fee load
- 9.0%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 7.0% of gross sales |
| Marketing / ad fund | 2.0% of gross sales |
| Transfer fee | $30K |
| Renewal fee | $15K |
| Total fee load | 9.0% of rev |
Financial Performance
- Avg gross sales
- $786K
- Per unit, per year
- Median gross sales
- N/A
- Item 19 type
- gross_sales
- Sample size
- 1 units
- vs category median 5 · small
- Reporting year
- 2024
- Fiscal year the figures cover
- Transparency
- 3 / 5
- vs category median 4 / 5 · below
Compared against 176 Recreation & Entertainment brands
vs Recreation & Entertainment averages
How Carre D’artistes Compares
Unit growth
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
3-year detail · Item 20
- Transfers (3yr)
- 0
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 14 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.
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA 7(a) and 504 loan disclosures, public data unique to FranchiseVerdict.
No SBA loan data available for this brand.
Risk analysis
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Single-unit franchise system with documented regulatory violations, litigation history, going concern issues, and no earnings substantiation presents extreme risk of franchisor insolvency and franchisee failure.
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · International Attest Solutions, LLC
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Score breakdown · what drove the 56 / 100 rating
- 01MINOROnly 1 unit reported with unknown growth trajectory suggests system collapse or severe underperformance
- 02HIGHThree concluded breach of contract litigations (2018) plus California DFPI consent order (2022) indicate persistent franchisor compliance and disclosure issues
- 03MINORNo Item 19 (financial performance) disclosure despite $786K average revenue claim — inability or unwillingness to substantiate earnings
- 04HIGHGoing Concern = False indicates financial instability at franchisor level
- 05MINORUnprotected territory creates direct competition risk and cannibalization potential
- 06MEDHigh initial investment ($251K–$512K) relative to single-unit system and undisclosed net income creates negative risk/reward ratio
- 07MINORCalifornia DFPI consent order regarding unaudited financial statements suggests material misrepresentation in past FDD offerings
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 | 5 years |
| Allowed renewalsℹ | 1 |
| Territory type | Specific Location |
| Protected territory | No |
| Online sales rights | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Required |
| Non-compete (years)ℹ | 2 years |
| Right of first refusalℹ | Yes |
| Termination notice | 30 days |
| Mandatory arbitration | No |
| Jury trial waiver | Yes |
| Governing law | Arizona |
| Litigation count | 4 |
Items 10, 11
Training & Operations
- Classroom training
- 14 hrs
- On-the-job training
- 25 hrs
- Training location
- On-site and off-site
- POS system
- Solusquare
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: Solusquare
Item 20 · call current owners
Franchisee Contacts
15 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
CARRE D’ARTISTES · FDD (2025) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a CARRE D’ARTISTES franchise?
The total investment to open a CARRE D’ARTISTES franchise ranges from $251K – $513K, with an initial franchise fee of $35K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do CARRE D’ARTISTES franchise owners earn?
According to Item 19 of the CARRE D’ARTISTES FDD, the average gross sales per unit is $786K. Note: this is gross revenue, not profit. Actual owner earnings vary based on location, operating costs, and management.
What is CARRE D’ARTISTES's franchise failure rate?
SBA 7(a) loan charge-off data is not available for CARRE D’ARTISTES (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 CARRE D’ARTISTES franchise locations are there?
As of their most recent FDD filing, CARRE D’ARTISTES has 1 total units in the United States, including 0 franchised units and 1 company-owned units.
Is CARRE D’ARTISTES a good franchise to buy?
FranchiseVerdict rates CARRE D’ARTISTES as a B-grade franchise with a risk score of 56 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.
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.