Bottom line
- Total investment $283K – $497K including a $60K franchise fee.
- Average unit revenue of $663K/year (median $707K). Estimated payback in 1.8 years.
- Rated STRONG with a risk score of 53/100. SBA loan default rate of 0.0% across 8 loans (below the industry average).
- Auditor disclosed a going-concern note — flagged doubt about the franchisor's ability to continue operations. Verify against the latest FDD.
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 goGLOW unit return on the cash you put in?
Unlevered ROIC · per unit
37%
In Yale's "attractive" band (30–60%)
Levered LBO scenario · Yale Crease Capital framing
What would 25 goGLOW units return on equity?
Equity IRR · 5-yr
46.2%
6.68× MOIC
Year-1 DSCR
1.95×
EBITDA ÷ debt service
Equity required
$2.4M
on $10.6M purchase
Total debt
$8.2M
SBA $5.0M + senior + seller note
Overview
About
goGLOW operates beauty/wellness service centers (likely spray tanning, teeth whitening, skin treatments, or similar aesthetic services) where franchisees manage daily client appointments, staff supervision, inventory management, and local marketing. Revenue is highly dependent on foot traffic, service pricing power, and repeat client retention in protected local territories.
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 12 · 7 states 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.
7
states with franchisees (per FDD Item 12)
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
Early-stage, micro-franchise system with minimal scale, opaque royalty structure, and undisclosed unit performance data creates elevated risk despite positive unit-level economics.
Score breakdown · what drove the 53 / 100 rating
- 01MEDOnly 10 units system-wide suggests very early-stage franchise with unproven scalability and limited peer support network
- 02MEDNo disclosed unit growth trajectory despite 10-year operating history raises concerns about expansion viability and franchisee recruitment success
- 03MEDDual royalty structure (8% or minimum fee) is opaque—actual minimum royalty amount not disclosed, creating hidden cost risk
- 04MINORHigh initial investment range ($282.9k–$497k) against only 10 operating units creates survivorship bias; no data on failed locations
- 05MEDMissing Item 19 financial performance representations limits ability to validate the $663k average revenue claim across the tiny unit base
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
2 numbers
One-time purchase · CSV download · Validation questions included
FDD download
goGLOW · FDD (2025) PDF