FranchiseVerdict
Hammer & Nails logo
FV-01144·STRONGExcellent95

Hammer & Nails

Personal Services - Beauty & SalonFranchising since 2015Website
Investment
$694K – $944K
90th pct Beauty & Salon
Avg revenue
$929K
56th pct Beauty & Salon
Royalty
6.0%
18th pct Beauty & Salon
Units
59
60th pct Beauty & Salon
SBA default
0.0%
vs <3% typical

Bottom line

  • Total investment $694K – $944K including a $60K franchise fee, 6.0% ongoing royalty.
  • Average unit revenue of $929K/year (median $862K). Estimated payback in 6.6 years.
  • Rated STRONG with a risk score of 24/100. SBA loan default rate of 0.0% across 104 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

Legal entity
The Hammer & Nails Salon Group, LLC
Incorporated in
California
HQ
101 Parkshore Drive, Suite 100, Folsom, California 95630
Auditor
Velez & Hardy, LLC
Audited financials
Franchisor revenue
$4.0M
vs $5.3M prior year
⚠ Going-concern note
Disclosed in FDD 2026
Auditor flagged doubt about continued operations. Verify against the latest FDD before deciding.

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 Hammer & Nails unit return on the cash you put in?

Revenue · per unit, per year
$
FDD Item 19 reports $929,020
Franchisor take · royalty + ad fund
Royaltytyp 68%
%
Ad fundtyp 35%
%
Operating costs · category default: personal services
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $694K–$944K
Working capital
$
FDD reports $50K–$75K

Unlevered ROIC · per unit

23%

Below typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$204K
EBITDA margin
22.0%
Total invested
$882K
Payback
52 mo
Unit-level only. A multi-unit portfolio gives up roughly 5–15% of this to shared services (corporate G&A) before reaching the ~10-unit break-even Yale describes.

Levered LBO scenario · Yale Crease Capital framing

What would 25 Hammer & Nails units return on equity?

Edit assumptions

Equity IRR · 5-yr

36.0%

4.65× MOIC

Year-1 DSCR

2.28×

EBITDA ÷ debt service

Equity required

$4.8M

on $13.9M purchase

Total debt

$9.2M

SBA $5.0M + senior + seller note

SBA 7(a) request ($7.0M) exceeds the $5M program cap. Excess capped automatically; backfill via conventional or equity.

Overview

About

Franchisees operate grooming service centers offering men's haircuts, shaves, manicures, and pedicures in a barber-shop-meets-nail-salon format. Day-to-day operations include managing 5-15 service professionals, maintaining appointment schedules, inventory management (grooming products), and customer relationship building in a service-intensive retail environment.

CEO
Aaron Meyers
Founded
2015
FDD year
2026
States available
17

Item 7 · what it costs

The Vitals

Total investment
$694K – $944K
All-in to open one unit
Liquid capital
$50K – $75K
Cash you must have on hand
Franchise fee
$60K
Royalty
6.0%
Gross Sales · typical 6–8%
Ad fund
2.0%
typical 3–5%
Total fee load
8.0%
vs 9–13% typical
Payback period
6.6 yrs
From v3 / Item 19

Item 19

Financial Performance

Avg gross sales
$929K
Per unit, per year
Median gross sales
$862K
Item 19 type
Gross Sales and EBITDA
Sample size
43 units
vs category median 34
Range (low → high)
$307K$2.1M
Cohort dispersion
Transparency
8 / 5
vs category median 4 / 5 · above
Revenue rank56th
vs Personal Services - Beauty & Salon peers
Investment cost rank90th
Lower investment ranks lower (better)
Royalty rate rank18th
Lower royalty = lower percentile (better)
Unit count rank60th
vs Personal Services - Beauty & Salon peers
Risk score rank0th
Lower risk = lower percentile (better)

Item 20 · unit dynamics

The Growth Chart

Total units
59
Opened
17
Last reporting year
Closed
1
Turnover rate
1.7%
Company-owned
0
Corporate units in the system
% franchised
100%
vs corporate-owned
Net growth (yr3)
+37.2%
Net unit change last year
3-yr CAGR
+90.3%
Compounded over last 3 years
2024
59+16
Franchised units
2025
43
Franchised units
2026
31
Franchised units

Year-over-year franchised unit counts and net change. Source: FDD Item 20.

Item 20 · 20 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).

AK
ME
VT
NH
MA
RI
CT
NY
NJ
PA
DE
MD
DC
WA
OR
CA
NV
ID
MT
WY
UT
CO
AZ
NM
ND
SD
NE
KS
OK
TX
MN
IA
MO
AR
LA
WI
IL
MS
TN
MI
IN
KY
AL
OH
WV
GA
VA
NC
SC
FL
HI
Available · 20 states
Not registered

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.

Total loans
104
Loan volume
Avg loan
Default rate
0.0%
vs <3% typical · system-wide
5-yr default

FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17

Risk & Legal

24
Risk · 0-100
STRONG24 / 100

Hammer & Nails presents moderate risk with strong growth momentum offset by high capital requirements, thin margins, and unvalidated franchisee profitability claims.

Score breakdown · what drove the 24 / 100 rating

  1. 01MINORHigh initial investment ($694k-$944k) against modest net income ($123k avg) creates 5.6-7.6 year payback period without accounting for royalties
  2. 02MINORRapid unit growth (37.2% YoY) may indicate aggressive recruitment outpacing organic demand; sustainability unclear
  3. 03MEDNet margin of 13.3% is thin; 6% royalty represents 45% of net profit, leaving limited cushion for underperforming locations
  4. 04MEDNo Item 19 financial performance representations disclosed; actual franchisee earnings may vary significantly from averages

Severity inferred from the FDD text · not a regulatory classification

FDD Items 5, 6, 12, 17 · continued from Risk & Legal

Contract & Territory Detail

Territory
Radius
Protected territory
Yes
Initial term
10 years
Renewal term
10 years
Online sales rights
Restricted
Franchisor can compete
Yes
Hire a manager?
Allowed
Litigation count
0
Right of first refusal
Yes
Franchisor can buy back on resale
Mandatory arbitration
Yes
Jury trial waiver
Yes
Non-compete
2 yrs
Post-termination restriction
Owner-operator
Optional
Governing law
California

Item 11

Training & Operations

Classroom training
30 hrs
On-the-job training
56 hrs
POS system
Zenoti
Operating tech stack

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

72 numbers

Locked
(630) 272-••••
IL
(480) 907-••••
AZ
(513) 493-••••
OH

One-time purchase · CSV download · Validation questions included

FDD download

Hammer & Nails · FDD (2026) PDF

Single-page checkout · instant download · CSV export of contacts available separately above