FranchiseVerdict
LASH PILOT logo
FV-01456·MODERATEExcellent86

Lash Pilot

Personal Services - Beauty & SalonFranchising since 2023Website
Investment
$216K – $450K
43rd pct Beauty & Salon
Avg revenue
$636K
44th pct Beauty & Salon
Royalty
8.0%
68th pct Beauty & Salon
Units
1
1st pct Beauty & Salon
SBA default
0.0%
vs <3% typical

Bottom line

  • Total investment $216K – $450K including a $40K franchise fee, 8.0% ongoing royalty.
  • Average unit revenue of $636K/year.
  • Rated MODERATE with a risk score of 64/100. SBA loan default rate of 0.0% across 36 loans (below the industry average).
  • Emerging franchise — only 3 years of franchising with 1 units. Early-stage systems carry higher risk but may offer better territory availability.

Item 1 · who you're contracting with

The Franchisor

Legal entity
LASH PILOT FRANCHISE, LLC
Incorporated in
California
HQ
1231 5th St., Santa Monica, CA 90401
Auditor
REESE CPA LLC
Audited financials
Franchisor revenue
$0
Most recent fiscal year

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 LASH PILOT unit return on the cash you put in?

Revenue · per unit, per year
$
FDD Item 19 reports $636,427
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: $216K–$450K
Working capital
$
FDD reports $46K–$47K

Unlevered ROIC · per unit

34%

In Yale's "attractive" band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$127K
EBITDA margin
20.0%
Total invested
$379K
Payback
36 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 LASH PILOT units return on equity?

Edit assumptions

Equity IRR · 5-yr

49.9%

7.57× MOIC

Year-1 DSCR

1.88×

EBITDA ÷ debt service

Equity required

$1.7M

on $8.3M purchase

Total debt

$6.6M

SBA $4.1M + senior + seller note

Overview

About

Franchisees operate a lash extension and beauty services salon, performing application of semi-permanent lashes, infills, and related treatments. Day-to-day operations include client consultations, lash applications (3–4 hours per session), inventory management of supplies, booking/scheduling, and staff management if applicable.

CEO
Quynh-Tram Vu
Founded
2023
FDD year
2023
States available
1

Item 7 · what it costs

The Vitals

Total investment
$216K – $450K
All-in to open one unit
Liquid capital
$46K – $47K
Cash you must have on hand
Franchise fee
$40K
Royalty
8.0%
Percentage of Gross Revenues · typical 6–8%
Ad fund
2.0%
typical 3–5%
Total fee load
10.0%
vs 9–13% typical

Item 19

Financial Performance

Avg gross sales
$636K
Per unit, per year
Median gross sales
Item 19 type
Representative affiliate-owned studio
Sample size
1 units
vs category median 34 · small
Range (low → high)
$43K$66K
Cohort dispersion
Transparency
4 / 5
vs category median 4 / 5 · typical
Revenue rank44th
vs Personal Services - Beauty & Salon peers
Investment cost rank43th
Lower investment ranks lower (better)
Royalty rate rank68th
Lower royalty = lower percentile (better)
Unit count rank1th
vs Personal Services - Beauty & Salon peers
Risk score rank66th
Lower risk = lower percentile (better)

Item 20 · unit dynamics

The Growth Chart

Total units
1
Opened
0
Last reporting year
Closed
0
Turnover rate
0.0%
Company-owned
1
Corporate units in the system
% franchised
0%
vs corporate-owned
2021
0±0
Franchised units
2022
0
Franchised units
2023
0
Franchised units

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

Item 20 · 19 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
Registered · 19 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
36
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

64
Risk · 0-100
MODERATE64 / 100

Lash Pilot is a nascent, single-unit franchise system with undisclosed profitability, going concern warnings, and no demonstrated scalability—investment is highly speculative.

Score breakdown · what drove the 64 / 100 rating

  1. 01MINOROnly 1 unit in system with unknown growth trajectory suggests brand has failed to scale or retain franchisees
  2. 02HIGHGoing Concern status (False) indicates franchisor may lack financial stability or viability
  3. 03MEDAverage net income not disclosed despite $636K average revenue — opacity on profitability is major red flag
  4. 04MINORHigh investment range ($216K–$450K) with 8% royalty on single-unit system creates high breakeven pressure
  5. 05HIGHNo litigation disclosed but single unit + going concern status suggests possible undisclosed disputes or closures
  6. 06MED7-year term is longer than industry standard (5 years typical) with limited exit flexibility in unproven system

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 or boundary based on population, highways, or Zip codes
Protected territory
Yes
Initial term
7 years
Renewal term
5 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
Required
Governing law
Delaware

Item 11

Training & Operations

Classroom training
21 hrs
On-the-job training
11 hrs

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

22 numbers

Locked
(217) 782-••••
IL
(401) 462-••••
RI
(512) 463-••••
TX

One-time purchase · CSV download · Validation questions included

FDD download

LASH PILOT · FDD (2023) PDF

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