Frenchies Modern Nail Care
Formerly known as Head to Toe Brands
Bottom line
- Total investment $473K – $550K including a $50K franchise fee.
- Average unit revenue of $605K/year (median $631K).
- Rated STRONG with a risk score of 44/100. SBA loan default rate of 0.0% across 47 loans (below the industry average).
Item 1 · who you're contracting with
The Franchisor
Yale framework · single-unit ROIC
Returns Analysis
Pulls Item 7 (investment) and Item 19 (revenue) from this brand's FDD into the Yale unlevered-ROIC formula. Override any input to stress-test it against your own assumptions.
The model · Yale framework
What would one Frenchies Modern Nail Care unit return on the cash you put in?
Unlevered ROIC · per unit
24%
Below typical band (30–60%)
Levered LBO scenario · Yale Crease Capital framing
What would 25 Frenchies Modern Nail Care units return on equity?
Equity IRR · 5-yr
49.9%
7.57× MOIC
Year-1 DSCR
1.88×
EBITDA ÷ debt service
Equity required
$1.8M
on $9.1M purchase
Total debt
$7.3M
SBA $4.5M + senior + seller note
Overview
About
Franchisees operate premium nail care salons offering modern manicure and pedicure services, typically managing 3-8 nail technicians and front-of-house staff. Daily operations include client scheduling, service delivery oversight, inventory management, and salon maintenance across a protected territory.
Item 7 · what it costs
The Vitals
Item 19
Financial Performance
Item 20 · unit dynamics
The Growth Chart
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 27 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 phone area codes (Item 20). Approximate — ported numbers may show the original state, not the franchisee's current location.
Government records
SBA Loan Data
Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Small, growing nail franchise with inadequate financial transparency and unproven unit-level profitability metrics relative to required investment.
Score breakdown · what drove the 44 / 100 rating
- 01MEDNet income not disclosed in FDD Item 19 — cannot assess actual profitability or validate $605k average revenue claim
- 02MEDOnly 26 units system-wide with modest 13% YoY growth suggests limited scale and unproven business model maturity
- 03MINORHigh total investment ($472k-$550k) paired with unknown profit margins creates unclear ROI timeline
- 04MINORMinimum royalty fee of $100/week ($5,200/year) is owed regardless of revenue, creating cash flow pressure in slow periods
- 05HIGHNo going concern disclosure is positive, but small unit count and absent financial performance data raise sustainability questions
Severity inferred from the FDD text · not a regulatory classification
FDD Items 5, 6, 12, 17 · continued from Risk & Legal
Contract & Territory Detail
Item 11
Training & Operations
Item 20
Franchisee Contacts
Phone numbers extracted directly from this brand's FDD Item 20. After purchase, you'll also receive a list of validation questions tailored to this brand.
Franchisee contacts
54 numbers
One-time purchase · CSV download · Validation questions included
FDD download
Frenchies Modern Nail Care · FDD (2026) PDF