Fm2050 Franchise Cost, Revenue & Review 2026
Data from FDD filing
Analysis by FranchiseVerdict Research · Methodology
FM2050 is a women's apparel retail franchise selling feminine, high-quality clothing made with pure fabrics. Franchisees run the boutiques, managing inventory, merchandising, and sales.
FranchiseVerdict summary · 2026
A FM2050 franchise requires a total initial investment of $164K – $283K, including a $40K franchise fee and an ongoing 5.0% royalty[2]. The 2025 FDD does not disclose unit-level revenue (no Item 19). FranchiseVerdict grade: D (Below average), an editorial assessment, not investment advice. Run a live ROI scan →
Data last verified · figures per the 2025 FDD issuance
Overview
- Investment
- $164K – $283K
- 19th pct Retail
- Avg gross sales
- N/A
- Royalty
- 5.0%
- 6th pct Retail
- Units
- 4
- 5th pct Retail
- SBA charge-off
- N/A
Quick verdict · Retail · color = vs category peers
Green = favorable by >10% vs Retail 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 $164K – $283K including a $40K franchise fee, 5.0% ongoing royalty.
- RETURNSEntity: Biggie Works Inc (a California corporation), the franchisor. Balance sheet as of September 30, 2025; figures in whole US dollars (no scaling). This is a single-entity startup financial statement: the company was incorporated May 7, 2025 and "has not begun operations as of September 30, 2025." No income statement / statement of operations is presented, so revenue and net income are not shown (null). Balance sheet shows Total Assets $100,000 (cash, a capital contribution), no liabilities, and Total Stockholder's Equity $100,000 (common stock); it reconciles (100,000 = 0 + 100,000). No Independent Auditor's Report or CPA firm signature appears on these pages — statements appear unaudited — so auditor_name is null.
- RISKVerdict D (Below average), verdict score 35/100 (higher is better).
- DATANo Item 19 financial performance representation. Without franchisor-disclosed revenue data, you'll need to gather unit economics directly from existing franchisees.
Item 1 · who you're contracting with
The Franchisor
Corporate structure & franchisor financials
- Legal entity
- Biggie Works Inc.
- CEO title
- CEO
- Heather J. Lim
- Founder active
- Yes
- Original founder still leading the business
- Incorporated in
- CA
- HQ
- 5171 Lincoln Ave., Cypress, CA 90630
Overview
About
- CEO
- Heather J. Lim
- Headquarters
- CA
- Founded
- 2025
- FDD year
- 2025
- States available
- 1
Can you afford it, and what does the money buy?
Entry cost runs 46% below the typical retail franchise.
Source: FDD 2025 · Items 5–7
FDD Item 7 · 2025 filing
Initial investment breakdown
| Cost component | Low | High |
|---|---|---|
| Initial franchise fee | $40K | $40K |
| Working capital (3–6 mo) | $10K | $20K |
| Equipment, build-out, other | $114K | $223K |
| Total initial investment | $164K | $283K |
Source: FM2050 2025 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
- $164K – $283K
- Top 40% of category vs category
- Liquid capital req'd
- $10K – $20K
- Top 40% of category vs category
- Franchise fee
- $40K – $40K
- Top 40% of category vs category
- Royalty
- 5.0%
- formula · typical 6–8%
- Ad fund
- 2.0%
- typical 3–5%
- Total fee load
- 7.0%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 5.0% of gross sales |
| Marketing / ad fund | 2.0% of gross sales |
| Training fee | $500 |
| Transfer fee | $15K |
| Renewal fee | $20K |
| Inventory (initial) | $30K – $50K |
| Total fee load | 7.0% of rev |
ROI & LBO modelsSingle-unit · 25-unit portfolio · editable
FM2050 did not disclose financial performance in FDD Item 19. The ROIC and return models require Item 19 revenue. Without it all inputs are estimates. You can still run the calculator with your own assumptions by entering an expected revenue figure.
Returns model · single-unit ROIC
What would one FM2050 unit return on the cash you put in?
Unlevered ROIC · per unit
Estimated return on your total franchise investment, before any debt financing.
25%
Below the 30–60% attractive-franchise band
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
Entity: Biggie Works Inc (a California corporation), the franchisor. Balance sheet as of September 30, 2025; figures in whole US dollars (no scaling). This is a single-entity startup financial statement: the company was incorporated May 7, 2025 and "has not begun operations as of September 30, 2025." No income statement / statement of operations is presented, so revenue and net income are not shown (null). Balance sheet shows Total Assets $100,000 (cash, a capital contribution), no liabilities, and Total Stockholder's Equity $100,000 (common stock); it reconciles (100,000 = 0 + 100,000). No Independent Auditor's Report or CPA firm signature appears on these pages — statements appear unaudited — so auditor_name is null.
Operator outlook
What the numbers say
Data-driven interpretation of this brand's financial disclosures, fee structure, and system trajectory.
Fee burden
Total ongoing fee load of 7.0% — below the Retail average of 8.9%.
Disclosure
Franchisor chose not to disclose financial performance representations. You will need to gather unit economics directly from existing franchisees.
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 Retail averages
How Fm2050 Compares
Is the system healthy?
Source: FDD 2025 · Item 20
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 4
- Opened
- 0
- Last reporting year
- Closed
- 0
- Terminated
- 0
- Franchisor ended the franchise (per Item 20)
- Non-renewed
- 0
- Term expired, not renewed (per Item 20)
- Turnover rate
- 0.0%
- Company-owned
- 4
- Corporate units in the system
- % franchised
- 0%
- vs corporate-owned
3-year detail · Item 20
- Opened (3yr)
- 0
- Closed (3yr)
- 0
- Terminated (3yr)
- 0
- Non-renewed (3yr)
- 0
- Transfers (3yr)
- 0
- Reacquired (3yr)
- 0
- Franchisor bought back
- Projected new
- 4
- Franchisor's next-year forecast
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 12 · 1 state reported
The Territory Map
FDD Item 12 reports the state count, but the specific list isn't in our current data. The map will appear once we re-extract from the FDD or enough franchisee contacts are available.
1
states with franchisees (per FDD Item 12)
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.
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
HIGH RISK: Pre-revenue or struggling system with going concern issues, minimal unit base, zero financial transparency, and punitive royalty structure creating unsustainable fixed costs.
Litigation (Item 3)
No litigation details provided in Item 3
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes
Supplier relationship · Items 8 & 16
- Franchisor sells you products: Yes
- Kickbacks from required suppliers: No
- Must buy proprietary products: Yes
- Restricted to system-approved products: Yes
- Can negotiate own supplier terms: No
Score breakdown · what drove the 35 / 100 verdict
- 01HIGHGoing Concern status is FALSE — indicates potential financial distress or legal/operational issues at corporate level
- 02MINOROnly 4 units system-wide suggests either pre-launch stage or severe underperformance and lack of franchisee retention
- 03MINORNo average revenue or net income disclosure (no Item 19) makes ROI projections impossible and prevents validation of $163,700-$282,800 investment viability
- 04MINORRoyalty structure with $20/sq ft annual minimum is unusually high and creates fixed costs unrelated to actual sales performance
- 05MEDFranchise fee of $40,000 combined with high minimum royalties creates significant breakeven burden with no disclosed unit economics
- 06MINOR10-year term is long commitment given minimal system traction and no disclosure of franchisee success rates
- 07MINORUnknown growth trajectory with only 4 units provides no evidence of scalability or market validation
Severity inferred from the FDD text · not a regulatory classification
What are you signing up for?
Ongoing fees run about 7.0% 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 | 1 |
| Territory type | protected |
| Protected territory | Yes |
| Exclusive territoryℹ | No |
| Territory radius | 3 mi |
| Online sales rights | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Not allowed |
| Owner-operator | Required |
| 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 |
| Mandatory arbitration | No |
| Arbitration location | Los Angeles County, California |
| Jury trial waiver | Yes |
| Governing law | State where Store is located |
| Litigation count | 0 |
View Item 3 litigation summary
No litigation details provided in Item 3
Items 10, 11
Training & Operations
- Classroom training
- 9 hrs
- On-the-job training
- 10 hrs
- Training location
- HQ (Irvine, CA)
- Ongoing training
- Required
- Time to open
- 6 mo
- From signing to launch
- Site selection
- Franchisee with franchisor approval
- Franchisor financing
- Not offered
- Item 10
- POS system
- Shopify POS
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: Shopify POS
Item 20 · call current owners
Franchisee Contacts
2 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
FM2050 · FDD (2025) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a FM2050 franchise?
The total investment to open a FM2050 franchise ranges from $164K – $283K, with an initial franchise fee of $40K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do FM2050 franchise owners earn?
FM2050 does not disclose average franchise owner earnings in their FDD Item 19. Not all franchisors are required to make financial performance representations. We recommend asking existing franchisees directly about their financial experience.
What is Item 19 in the FM2050 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 FM2050 FDD and qualifies whose outlets they describe.
What is FM2050's franchise failure rate?
SBA 7(a) loan charge-off data is not available for FM2050 (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 FM2050 franchise locations are there?
As of their most recent FDD filing, FM2050 has 4 total units in the United States, including 0 franchised units and 4 company-owned units.
Is FM2050 a good franchise to buy?
FranchiseVerdict rates FM2050 as a D-grade franchise with a verdict score of 35 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
Are you the franchisor?
If you represent FM2050, you can request corrections or provide updated information.
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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.