Frenchies Franchise Cost, Revenue & Review 2026
Data from FDD filing + SBA 7(a) records
Analysis by FranchiseVerdict Research · Methodology
Frenchies is a modern nail salon franchise offering fume-free manicures and pedicures in a clean, upscale space. Franchisees run the salons, managing nail technicians, appointments, and retail.
FranchiseVerdict summary · 2026
A FRENCHIES franchise requires a total initial investment of $473K – $550K, including a $50K franchise fee. The 2026 FDD does not disclose unit-level revenue (no Item 19). SBA 7(a) loans show a 19.0% charge-off rate across 33 loans[1]. FranchiseVerdict grade: B (Above average), an editorial assessment, not investment advice. Run a live ROI scan →
Data last verified · figures per the 2026 FDD issuance
Overview
- Investment
- $473K – $550K
- 41st pct Retail
- Avg gross sales
- N/A
- Incl. company outlets
- Royalty
- N/A
- Units
- 26
- 14th pct Retail
- SBA charge-off
- 19.0%
- % of SBA 7(a) loans not repaid · median varies by category
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 $473K – $550K including a $50K franchise fee.
- RETURNSItem 21 states audited financial statements are in Exhibit F for the franchisor (Frenchies, LLC, as of Dec 31, 2022) and for its parent's parent BCC Services Holding Company and subsidiaries (FYE Dec 31, 2025/2024/2023), with a Guarantee of Performance from BCC Services Holding Company. The actual Exhibit F audited balance sheets and income statements are NOT present in the provided text (document ends at the State Appendix exhibits), so no Item 21 figures could be extracted.
- RISKVerdict B (Above average), verdict score 56/100 (higher is better). SBA loan charge-off rate of 19.0% across 33 loans (above the 16% franchise average, based on all SBA 7(a) franchise lending, 2010–2025).
- DATAItem 19 reports revenue by quartile rather than annual gross sales, so unit revenue is not directly comparable. Ask franchisees directly for full unit-level revenue.
Item 1 · who you're contracting with
The Franchisor
Corporate structure & franchisor financials
- Legal entity
- Frenchies, LLC
- Parent company
- BCC Services Intermediate Holding Company d/b/a Head to Toe Brands
- Ultimate parent
- BCC Services Holding Company
- CEO title
- Chief Executive Officer (of Parent, Head to Toe Brands)
- Meg Roberts
- Incorporated in
- CO
- HQ
- 550 Reserve Street, Suite 380, Southlake, Texas 76092
- Auditor
- Plante & Moran, PLLC
- Audited financials
- Franchisor revenue
- $1.5M
- vs $12.4M prior year
- Management churn noted
- Frequent turnover
- Item 2 disclosed frequent executive changes
Overview
About
- CEO
- Meg Roberts
- Headquarters
- TX
- Founded
- 2015
- FDD year
- 2026
- States available
- 12
Can you afford it, and what does the money buy?
Entry cost runs 24% above the typical retail franchise.
Source: FDD 2026 · Items 5–7
FDD Item 7 · 2026 filing
Initial investment breakdown
| Cost component | Low | High |
|---|---|---|
| Initial franchise fee | $50K | $50K |
| Working capital (3–6 mo) | $38K | $45K |
| Equipment, build-out, other | $385K | $455K |
| Total initial investment | $473K | $550K |
Source: FRENCHIES 2026 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
- $473K – $550K
- Middle of category vs category
- Liquid capital req'd
- $38K – $45K
- Top 40% of category vs category
- Franchise fee
- $50K – $50K
- Top 40% of category vs category
- Royalty
- Greater of $100/week (Minimum Royalty Fee) or 6% of Gross…
- Ad fund
- 2.0%
- typical 3–5%
- Total fee load
- 8.0%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty (flat) | Minimum Royalty Fee of $100/week |
| Marketing / ad fund | 2.0% of gross sales |
| Technology fee | $175 |
| Training fee | $8K |
| Transfer fee | $5K |
| Renewal fee | $3K |
| Inventory (initial) | $18K – $21K |
| Total fee load | 8.0% of rev |
What do units actually make?
Source: FDD 2026 · Item 19
ROI & LBO modelsSingle-unit · 25-unit portfolio · editable
FRENCHIES 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 FRENCHIES unit return on the cash you put in?
Unlevered ROIC · per unit
Estimated return on your total franchise investment, before any debt financing.
9%
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: 2026 FDD
Financial Performance
Item 21 states audited financial statements are in Exhibit F for the franchisor (Frenchies, LLC, as of Dec 31, 2022) and for its parent's parent BCC Services Holding Company and subsidiaries (FYE Dec 31, 2025/2024/2023), with a Guarantee of Performance from BCC Services Holding Company. The actual Exhibit F audited balance sheets and income statements are NOT present in the provided text (document ends at the State Appendix exhibits), so no Item 21 figures could be extracted.
Includes company-owned outlets
- Item 19 type
- revenue by quartile
- Sample size
- 23
- vs category median 47 · small
- Range (low → high)
- $319K→$981K
- Cohort dispersion (min → max)
- Quartile band
- $400K→$818K
- Bottom 25% → top 25%
- Reporting year
- 2025
- Fiscal year the figures cover
- Source filing
- FDD 2026
- Disclosed in the 2026 filing, covering 2025
- Transparency
- 3 / 10
- vs category median 3 / 10 · typical
Compared against 278 Retail brands
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 8.0% (near the Retail average).
Disclosure
Item 19 reports revenue by quartile rather than annual gross sales, so unit revenue is not directly comparable.
Operator retention
System expanding at 13.0% CAGR over 3 years across 26 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 Retail averages
How Frenchies Compares
Is the system healthy?
Source: FDD 2026 · Item 20
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 26
- Opened
- 4
- Last reporting year
- Closed
- 1
- Terminated
- 0
- Franchisor ended the franchise (per Item 20)
- Non-renewed
- 0
- Term expired, not renewed (per Item 20)
- Turnover rate
- 3.8%
- Company-owned
- 0
- Corporate units in the system
- % franchised
- 100%
- vs corporate-owned
- Net growth (3-yr)
- +13.0%
- Net unit change over 3 years
- 3-yr CAGR
- +13.0%
- Compounded over last 3 years
3-year detail · Item 20
- Opened (3yr)
- 4
- Closed (3yr)
- 1
- Terminated (3yr)
- 0
- Non-renewed (3yr)
- 0
- Transfers (3yr)
- 5
- Reacquired (3yr)
- 0
- Franchisor bought back
- Projected new
- 8
- Franchisor's next-year forecast
- Transfer rate
- 19.2%
- Owners selling to other franchisees
- Ceased ops
- 3.8%
- Units that stopped operating
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 18 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.
- Total loans
- 33
- Loan volume
- $7.5M
- Median loan
- $227K
- average
- Charge-off rate
- 19.0%
- 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)
- N/A
- 5-yr charge-off
- N/A
- Loans approved 2021+
- Active lenders
- 13
- Defaults
- 4
Vintage analysis
Frenchies charge-off rate by loan vintage
Top lenders financing Frenchies 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.
Premium insight
SBA Lending Report
Deep-dive into Frenchies's SBA lending history: lender network, geographic footprint, interest rates, and more.
SBA Lending Report
- Principal loss rate and NAICS industry benchmark
- 10 lenders with concentration factor
- Per-state charge-off rates across 12 states
- Startup risk premium and job creation velocity
Instant access. No subscription.
What could kill this investment?
SBA loans charge off at 19.0% — 19% above the 16.0% national norm, i.e. higher 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
Early-stage food concept with small unit base, undisclosed profitability metrics, and high fixed royalty floors that compress margins on modest average unit volumes.
Litigation (Item 3)
No litigation required to be disclosed
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · Plante & Moran, PLLC
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
ⓘ These are the parent company's consolidated financials (the parent guarantees the franchisor), not this brand's standalone results — the figure reflects the whole corporate group, not this brand alone.
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
Score breakdown · what drove the 56 / 100 verdict
- 01MEDNet income not disclosed in FDD Item 19 — inability to validate actual profitability against $472k-$550k investment
- 02MINORModest unit growth of 13% YoY with only 26 total units suggests early-stage or plateauing system
- 03MINORHigh royalty floor ($100/week minimum = $5,200/year) creates fixed cost burden even during slow revenue periods
- 04MINOR6% royalty on $623k average revenue = ~$37k annual royalty cost (5.9% of net if assuming 25% net margin)
- 05MINORNo going concern disclosure contradicts typical franchise system maturity expectations for brands seeking $500k+ investment
Severity inferred from the FDD text · not a regulatory classification
What are you signing up for?
Ongoing fees run about 8.0% of sales (royalty + ad fund), before rent and labor.
Source: FDD 2026 · Items 11, 12, 17
FDD Items 12, 15, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 10 years |
|---|---|
| Renewal term | 10 years |
| Allowed renewalsℹ | 2 |
| Territory type | protected |
| Protected territory | Yes |
| Exclusive territoryℹ | No |
| Territory radius | 4 mi |
| Territory population | 50,000 |
| Online sales rightsℹ | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Optional |
| Non-compete (years)ℹ | 2 years |
| Non-compete (miles)ℹ | 20 mi |
| Right of first refusalℹ | Yes |
| RoFR response window | 30 days |
| Transfer requires consent | Yes |
| Termination notice | 30 days |
| Mandatory arbitration | Yes |
| Arbitration location | AAA offices in city where franchisor maintains principal place of business at time arbitration is initiated |
| Jury trial waiver | Yes |
| Governing law | TX |
| Litigation count | 0 |
View Item 3 litigation summary
No litigation required to be disclosed
Items 10, 11
Training & Operations
- Classroom training
- 34 hrs
- On-the-job training
- 16 hrs
- Training location
- Virtual and/or Dallas, Texas; Studio Opening Training at franchisee's studio
- Ongoing training
- Required
- Time to open
- 12 mo
- From signing to launch
- Site selection
- Franchisee with franchisor approval; franchisor assigns Site Selection Area
- Franchisor financing
- Not offered
- Item 10
- POS system
- Cloud-based POS System (third-party provider)
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: Cloud-based POS System (third-party provider)
Item 20 · call current owners
Franchisee Contacts
43 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
FRENCHIES · FDD (2026) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a FRENCHIES franchise?
The total investment to open a FRENCHIES franchise ranges from $473K – $550K, with an initial franchise fee of $50K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do FRENCHIES franchise owners earn?
FRENCHIES 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 FRENCHIES 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 FRENCHIES FDD and qualifies whose outlets they describe.
What is FRENCHIES's franchise failure rate?
Based on SBA 7(a) loan data, FRENCHIES has a charge-off rate of 19.0% across 33 loans, meaning 19.0% 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 FRENCHIES franchise locations are there?
As of their most recent FDD filing, FRENCHIES has 26 total units in the United States, including 26 franchised units and 0 company-owned units. 4 new units were opened in the latest reporting year.
Is FRENCHIES a good franchise to buy?
FranchiseVerdict rates FRENCHIES as a B-grade franchise with a verdict score of 56 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 FRENCHIES, 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.