Five Star Bath Solutions Franchise Cost, Revenue & Review 2026
Analysis by FranchiseVerdict Research · Methodology
FranchiseVerdict summary · 2026
A Five Star Bath Solutions franchise requires a total initial investment of $162K – $334K, including a $60K franchise fee and an ongoing 6.0% royalty[2]. The latest FDD on file does not yield a unit-revenue figure we can publish. SBA 7(a) loans show a 4.6% charge-off rate across 65 loans[1]. FranchiseVerdict grade: A (Strongest tier), an editorial assessment, not investment advice. Run a live ROI scan →
Data last verified
Overview
- Investment
- $162K – $334K
- 67th pct Home Services
- Avg gross sales
- N/A
- Per franchisee, not per outletIncl. company outlets
- Royalty
- 6.0%
- 15th pct Home Services
- Units
- 348
- 83rd pct Home Services
- SBA charge-off
- 4.6%
- % of SBA 7(a) loans not repaid · median varies by category
Quick verdict · Home Services · color = vs category peers
Green = favorable by >10% vs Home Services avg · 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 $162K – $334K including a $60K franchise fee, 6.0% ongoing royalty.
- RETURNSItem 19 discloses Average Annual Sales, Average Monthly Sales, and Average Close Ratio for a Controlled Location and for existing franchisees with 12+ months of 2025 operations; underlying numeric tables render as images in the source PDF/text extraction and were not machine-readable, so no reliable per-unit average could be captured
- RISKVerdict A (Strongest tier), verdict score 60/100 (higher is better). SBA loan charge-off rate of 4.6% across 65 loans (well below the franchise average, based on all SBA 7(a) franchise lending, 2010–2025).
- GROWTHSystem growing at 99.4% CAGR over 3 years with 348 total units. Strong expansion trajectory.
Item 1 · who you're contracting with
The Franchisor
Corporate structure & franchisor financials
- Legal entity
- Five Star Bath, LLC
- Parent company
- Five Star Franchising, L.L.C.
- Ultimate parent
- FS PEP Holdco, LLC
- Predecessor
- Five Star Painting, Inc.
- Prior franchisor entity
- Incorporated in
- Utah
- HQ
- 761 W. 1200 N., Suite 300, Springville UT 84663
- Franchisor revenue
- $38.1M
- vs $47.5M prior year
Overview
About
Bathroom renovation franchise offering residential and commercial bathroom remodeling products and services
- Headquarters
- UT
- Founded
- 2014
Can you afford it, and what does the money buy?
Entry cost runs 10% above the typical home services franchise.
Source: FDD · Items 5–7
FDD Item 7
Initial investment breakdown
| Cost component | Low | High |
|---|---|---|
| Initial franchise fee | $60K | $60K |
| Working capital (3–6 mo) | $20K | $50K |
| Equipment, build-out, other | $83K | $224K |
| Total initial investment | $162K | $334K |
Source: Five Star Bath Solutions FDD, Items 5 and 7[2]. “Equipment, build-out, other” is computed as total minus disclosed line items above.
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $162K – $334K
- Middle of category vs category
- Liquid capital req'd
- $20K – $50K
- Middle of category vs category
- Franchise fee
- $60K – $60K
- Middle of category vs category
- Royalty
- 6.0%
- percentage · typical 6–8%
- Ad fund
- National Marketing Fee: up to 2.5% of monthly Gross Reven…
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 6.0% of gross sales |
| Transfer fee | $10K |
| Renewal fee | $3K |
What do units actually make?
Source: FDD · Item 19
ROI & LBO modelsSingle-unit · 25-unit portfolio · editable
No Item 19 revenue figure for Five Star Bath Solutions is on file. The return models need a revenue figure to start from, and the operating costs that turn gross sales into a profit are in no FDD. Enter your own and the calculator runs on your assumptions — nothing here is modelled until you do.
Returns model · single-unit ROIC
What would one Five Star Bath Solutions 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 annual revenue, ad fund rate, 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.
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.
Financial Performance
Item 19 discloses Average Annual Sales, Average Monthly Sales, and Average Close Ratio for a Controlled Location and for existing franchisees with 12+ months of 2025 operations; underlying numeric tables render as images in the source PDF/text extraction and were not machine-readable, so no reliable per-unit average could be captured
Averaged per franchisee, not per outlet - not comparable with per-outlet figures
Includes company-owned outlets
- Item 19 type
- Historical - Controlled Location and Existing Franchisees (Average Annual Sales / Average Close Ratio); underlying figures presented only in image/chart form not extractable as text
- Sample size
- 62 franchisees
- vs category median 32
- Reporting year
- 2025
- Fiscal year the figures cover
Compared against 321 Home Services brands
Operator outlook
What the numbers say
Data-driven interpretation of this brand's financial disclosures, fee structure, and system trajectory.
Fee burden
6.0% royalty.
Disclosure
Item 19 reports Historical - Controlled Location and Existing Franchisees (Average Annual Sales / Average Close Ratio); underlying figures presented only in image/chart form not extractable as text rather than annual gross sales, so unit revenue is not directly comparable.
Operator retention
System expanding at 99.4% CAGR over 3 years across 348 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 averages
How Five Star Bath Solutions Compares
Is the system healthy?
Source: FDD · Item 20
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 348
- Opened
- 76
- Last reporting year
- Closed
- 0
- Terminated
- 3
- Franchisor ended the franchise (per Item 20)
- Non-renewed
- 1
- Term expired, not renewed (per Item 20)
- Turnover rate
- 1.2%
- Company-owned
- 3
- Corporate units in the system
- % franchised
- 1%
- vs corporate-owned
- Net growth (3-yr)
- +99.4%
- Net unit change over 3 years
- 3-yr CAGR
- +99.4%
- Compounded over last 3 years
3-year detail · Item 20
- Opened (3yr)
- 76
- Closed (3yr)
- 0
- Terminated (3yr)
- 3
- Non-renewed (3yr)
- 1
- Transfers (3yr)
- 25
- Reacquired (3yr)
- 6
- Franchisor bought back
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA 7(a) and 504 loan disclosures, public data unique to FranchiseVerdict.
- Total loans
- 65
- Loan volume
- $13.5M
- Median loan
- $230K
- 50th percentile
- Charge-off rate
- 4.6%
- 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)
- 95.4%
- 5-yr charge-off
- 22.2%
- Loans approved 2021+
- Active lenders
- 13
- Defaults
- 3
- Typical loan rate
- 10.0%
- avg rate to borrowers
- vs industry
- N/A
- NAICS 2361
- Jobs supported
- 345
- 2.5 per loan
- Lender concentration
- 40%
- top lender's share
Borrower mix: 0% went to startups / new businesses, 100% to established operators
Top lenders financing Five Star Bath Solutions franchisees
Showing 3 of 13 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.
What could kill this investment?
SBA loans charge off at 4.6% — 71% below the 16.0% national norm, i.e. lower lender-observed risk.
Source: SBA 7(a) FOIA · FDD Items 3, 21
Risk analysis
FranchiseVerdict rating + FDD Items 3, 4, 8, 16, 21
Risk & Legal
Litigation (Item 3)
Illinois AG investigation/Consent Judgment (2010) over unregistered franchise sale, $7,500 penalty; California voluntary Notice of Violation (2015) for non-disclosure of a bankruptcy matter in Item 4, mailed to one affected franchisee
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
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: No
What are you signing up for?
Source: FDD · Items 11, 12, 17
FDD Items 12, 15, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 10 years |
|---|---|
| Renewal term | 10 years |
| Territory type | exclusive |
| Protected territory | Yes |
| Exclusive territoryℹ | Yes |
| Territory population | 150,000 |
| Hire a manager? | Allowed |
| Owner-operator | Optional |
| Non-compete (years)ℹ | 1 year |
| Non-compete (miles)ℹ | 100 mi |
| Right of first refusalℹ | Yes |
| RoFR response window | 60 days |
| Transfer requires consent | Yes |
| Termination notice | 30 days |
| Mandatory arbitration | Yes |
| Arbitration location | Utah |
| Governing law | Utah |
| Litigation count | 2 |
View Item 3 litigation summary
Illinois AG investigation/Consent Judgment (2010) over unregistered franchise sale, $7,500 penalty; California voluntary Notice of Violation (2015) for non-disclosure of a bankruptcy matter in Item 4, mailed to one affected franchisee
Items 10, 11
Training & Operations
- Classroom training
- 59 hrs
- On-the-job training
- 3 hrs
- Training location
- Warren, Michigan (in-person); virtual pre-training
- Ongoing training
- Required
- Time to open
- 4 mo
- From signing to launch
- Site selection
- franchisee, subject to franchisor approval
- Franchisor financing
- Not offered
- Item 10
- POS system
- ServiceMinder
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: ServiceMinder
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a Five Star Bath Solutions franchise?
The total investment to open a Five Star Bath Solutions franchise ranges from $162K – $334K, with an initial franchise fee of $60K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do Five Star Bath Solutions franchise owners earn?
No average owner earnings figure for Five Star Bath Solutions is on file. Item 19 — where a franchisor may disclose what its outlets earn — is voluntary under the FTC Franchise Rule, and we have not established what this brand's FDD says. Item 20 of the FDD lists current and former franchisees; asking them directly is the standard way to fill this gap.
What is Item 19 in the Five Star Bath Solutions 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 Five Star Bath Solutions FDD and qualifies whose outlets they describe.
What is Five Star Bath Solutions's franchise failure rate?
Based on SBA 7(a) loan data, Five Star Bath Solutions has a charge-off rate of 4.6% across 65 loans, meaning 4.6% of franchise loans were charged off. Charge-off rates are one proxy for franchise risk, though they do not capture all closures. This data comes from FOIA-sourced SBA lending records.
How many Five Star Bath Solutions franchise locations are there?
As of their most recent FDD filing, Five Star Bath Solutions has 348 total units in the United States, including 345 franchised units and 3 company-owned units. 76 new units were opened in the latest reporting year.
Is Five Star Bath Solutions a good franchise to buy?
FranchiseVerdict rates Five Star Bath Solutions as a A-grade franchise with a verdict score of 60 out of 100 (higher is better), 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.