FranchiseVerdict
Little Art House logo
FV-01508·MODERATEExcellent91

Little Art House

Education - Children's ProgramsFranchising since 2024Website
Investment
$106K – $192K
38th pct Children's Pr…
Avg revenue
$146K
6th pct Children's Pr…
Royalty
6.0%
15th pct Children's Pr…
Units
3
20th pct Children's Pr…
SBA default

Bottom line

  • Total investment $106K – $192K including a $40K franchise fee, 6.0% ongoing royalty.
  • Average unit revenue of $146K/year. Estimated payback in 5.5 years.
  • Rated MODERATE with a risk score of 65/100.
  • Emerging franchise — only 2 years of franchising with 3 units. Early-stage systems carry higher risk but may offer better territory availability.

Item 1 · who you're contracting with

The Franchisor

Legal entity
LITTLE ART HOUSE FRANCHISES LLC
Incorporated in
Tennessee
HQ
2106B Acklen Avenue, Nashville, Tennessee 37212
Auditor
Kezas & Dunlavy
Audited financials

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 Little Art House unit return on the cash you put in?

Revenue · per unit, per year
$
FDD Item 19 reports $146,135
Franchisor take · royalty + ad fund
Royaltytyp 68%
%
Ad fundtyp 35%
%
Operating costs · category default: education
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $106K–$192K
Working capital
$
FDD reports $20K–$40K

Unlevered ROIC · per unit

12%

Below typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$22K
EBITDA margin
15.0%
Total invested
$179K
Payback
98 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 Little Art House 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

$234K

on $1.2M purchase

Total debt

$935K

SBA $0.6M + senior + seller note

Overview

About

Little Art House franchisees operate art education and creative studio spaces serving children and adults. Day-to-day activities include teaching art classes, managing student enrollment, scheduling instructors, maintaining studio facilities, and handling retail sales of art supplies. Franchisees manage both direct instruction and administrative responsibilities to grow their local student base.

CEO
Emma Lancaster Bradford
Founded
2023
FDD year
2025
States available
1

Item 7 · what it costs

The Vitals

Total investment
$106K – $192K
All-in to open one unit
Liquid capital
$20K – $40K
Cash you must have on hand
Franchise fee
$40K
Royalty
6.0%
Gross Revenue · typical 6–8%
Ad fund
2.0%
typical 3–5%
Total fee load
8.0%
vs 9–13% typical
Payback period
5.5 yrs
From v3 / Item 19

Item 19

Financial Performance

Avg gross sales
$146K
Per unit, per year
Median gross sales
Item 19 type
Affiliate Outlets
Sample size
2 units
vs category median 16 · small
Range (low → high)
$108K$184K
Cohort dispersion
Transparency
9 / 5
vs category median 4 / 5 · above
Revenue rank6th
vs Education - Children's Programs peers
Investment cost rank38th
Lower investment ranks lower (better)
Royalty rate rank15th
Lower royalty = lower percentile (better)
Unit count rank20th
vs Education - Children's Programs peers
Risk score rank71th
Lower risk = lower percentile (better)

Item 20 · unit dynamics

The Growth Chart

Total units
3
Opened
0
Last reporting year
Closed
1
Turnover rate
33.3%
Company-owned
3
Corporate units in the system
% franchised
0%
vs corporate-owned
2023
0-1
Franchised units
2024
0
Franchised units
2025
0
Franchised units

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

Item 20 · 21 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 · 21 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.

No SBA loan data available for this brand.

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

Risk & Legal

65
Risk · 0-100
MODERATE65 / 100

Little Art House presents caution-level risk due to corporate going concern issues, minimal franchisee base, unverified financial claims, and heavy fee structure relative to profitability.

Score breakdown · what drove the 65 / 100 rating

  1. 01HIGHGoing Concern status indicates financial instability or viability questions at corporate level
  2. 02MINOROnly 3 units with unknown growth trajectory suggests stalled or declining system expansion
  3. 03MINORNo Item 19 financial performance representation limits ability to validate the $26,902 average net income claim
  4. 04MINORHigh initial investment ($106,050–$191,500) relative to reported net income creates 4–7 year payback period
  5. 05MINOR6% royalty on gross revenue (not net) compounds financial pressure during low-margin months

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
Granted
Franchisor can compete
Yes
Hire a manager?
Allowed
Litigation count
0
Right of first refusal
Yes
Franchisor can buy back on resale
Mandatory arbitration
No
Jury trial waiver
Yes
Non-compete
2 yrs
Post-termination restriction
Owner-operator
Optional
Governing law
Tennessee

Item 11

Training & Operations

Classroom training
48 hrs
On-the-job training
23 hrs
POS system
Sawyer
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

21 numbers

Locked
(401) 222-••••
RI
(605) 773-••••
SD
(503) 378-••••
OR

One-time purchase · CSV download · Validation questions included

FDD download

Little Art House · FDD (2025) PDF

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