PAINT Nail Bar Franchise Cost, Revenue & Review 2026
- Investment
- $218K – $756K
- Disclosed sales
- partial, no system average
- SBA charge-off
- 9.1%
- on 25 loans
Data from FDD filing + SBA 7(a) records
Analysis by FranchiseVerdict Research · Methodology
PAINT Nail Bar is a nail salon franchise offering manicures, pedicures, and nail art in an upscale setting. Franchisees run the salons, managing nail technicians, appointments, and retail.
FranchiseVerdict summary · 2026
A PAINT Nail Bar franchise requires a total initial investment of $218K – $756K, including a $53K franchise fee and an ongoing 6.0% royalty[2]. The 2024 FDD on file does not yield a unit-revenue figure we can publish. SBA 7(a) loans show a 9.1% charge-off rate across 25 loans[1]. FranchiseVerdict grade: C (Average), an editorial assessment, not investment advice. Run a live ROI scan →
Sources, dates and evidence
FDD issued: · Data extracted: · Last cited check: · Staleness risk: high - issued more than two years ago
Evidence: strong✓ Investment (Item 7)✓ Item 19 status✓ Units and owners (Item 20)✓ SBA loan coverage✓ Litigation (Item 3)✓ Financial statements (Item 21)✓ Franchisor identityhow this is scored4 of 5 headline figures on this page cite a page of the filing; the rest are marked “Not cited” beside the figure.
Overview
- Investment
- $218K – $756K
- 25th pct Personal Care…
- Avg gross sales
- N/A
- Incl. company outletsPartial period2 outlets
- Royalty
- 6.0%
- 12th pct Personal Care…
- Units
- 26
- 27th pct Personal Care…
- SBA charge-off
- 9.1%
- % of SBA 7(a) loans not repaid · median varies by category
Quick verdict · Personal Care & Beauty · color = vs category peers
Green = favorable by >10% vs Personal Care & Beauty median · No shading = within ±10% · Red = unfavorable by >10% · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
Bottom line
- COSTTotal investment $218K – $756K including a $53K franchise fee, 6.0% ongoing royalty.
- RETURNSItem 19 reports revenue and pnl rather than annual gross sales, so unit revenue is not directly comparable.
- RISKVerdict C (Average), verdict score 43/100 (higher is better). SBA loan charge-off rate of 9.1% across 25 loans (near or below the 16% franchise average, based on all SBA 7(a) franchise lending, 2010–2025).
- GROWTHNegative: net -4 franchised outlets in the latest year (1 opened, 5 closed); 7 signed but not yet open (Item 20).
- FLAG3 units terminated last reporting year (11.5% of the system). Ask existing franchisees why.
Item 1 · who you're contracting with
The Franchisor
Corporate structure & franchisor financials
- Legal entity
- PAINT Nail Bar Franchise Company, LLC
- CEO title
- Chief Executive Officer and Co-Founder
- Mark Schlossberg
- Founder active
- Yes
- Original founder still leading the business
- Incorporated in
- FL
- HQ
- 1432 First Street, Sarasota, Florida 34236
- Auditor
- HD Davis CPAs, LLC
- Audited financials
- Franchisor revenue
- $1.5M
- vs $1.8M prior year
Overview
About
- CEO
- Mark Schlossberg
- Headquarters
- FL
- Founded
- 2015
- FDD year
- 2024
- States available
- 13
Can you afford it, and what does the money buy?
Entry cost runs 21% above the typical personal care & beauty franchise.
Source: FDD 2024 · Items 5–7
The filing's Item 7 TOTAL row prints $217,850 to $755,700. Its own line items add to $270,350 to $755,700. The total is shown as the franchisor printed it; the lines are listed as printed. Filing's own arithmetic: the 19 Low cells sum to $270,350 but the printed 'Total Estimated Initial Investment (Unit)' Low is $217,850 - short by exactly the $52,500 Franchise Fee, which the same column prints as $52,500 (Note 2 says the fee is $0 only under an ADA).
Full Item 7 breakdown19 line items
Initial investment breakdown
| Line item | Low | High | |
|---|---|---|---|
| Franchise Fee | $53K | $53K | |
| Establishment Package | $60K | $220K | |
| Initial Inventory | $10K | $27K | |
| Site Selection | $650 | $3K | |
| Architect Design and Management Fee | $19K | $19K | |
| Project Management Fee | $15K | $15K | |
| Social Media Fee | $2K | $3K | |
| Additional Training Fees | $0 | $5K | |
| Utility Deposits | $500 | $1K | |
| Construction, Improvements and other build-out not included with Establishment Package | $75K | $263K | |
| Professional Fees (lawyer, accountant, etc.) | $500 | $5K | |
| Rent (three months) | $3K | $20K | |
| Office Equipment and Start-Up Supplies | $5K | $8K | |
| Security Deposits | $4K | $7K | |
| Insurance (premiums for first year) | $800 | $1K | |
| Initial Local Marketing Expenditure | $3K | $6K | |
| State and local business licenses, permits, filing fees, etc. | $300 | $500 | |
| Signage | $100 | $5K | |
| Additional Funds – Initial Investment Period | $20K | $96K | |
| Total initial investment | $270K | $756K |
Line items extracted from FDD Item 7. Ranges reflect the franchisor's stated low and high per line. Total is the sum of line-item lows / highs — actual costs may fall outside this range depending on market and build-out scope.
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $218K – $756K
- Top 40% of category vs category
- Liquid capital req'd
- $20K – $96K
- Top 40% of category vs category
- Franchise fee
- $53K – $53K
- Middle of category vs category
- Royalty
- 6.0%
- Set by a formula · typical 6–8%
- Ad fund
- 1.0%
- typical 3–5%
- Total fee load
- 7.0%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 6.0% of gross sales |
| Marketing / ad fund | 1.0% of gross sales |
| Technology fee | $650 |
| Transfer fee | $26K |
| Renewal fee | $26K |
| Inventory (initial) | $10K – $27K |
| Total fee load | 7.0% of rev |
What do units actually make?
Source: FDD 2024 · Item 19
ROI & LBO modelsSingle-unit · 25-unit portfolio · editable
No Item 19 revenue figure for PAINT Nail Bar is on file. The return models need a revenue figure to start from, and the operating costs that turn gross sales into a profit are in no FDD. Enter your own and the calculator runs on your assumptions — nothing here is modelled until you do.
Returns model · single-unit ROIC
What would one PAINT Nail Bar unit return on the cash you put in?
Illustrative category typicals — not sourced to any filing, survey or sample. Replace them with figures from franchisee validation calls before you rely on the output.
Unlevered ROIC · per unit
Your modelled return on total invested capital, before any debt financing.
—
An FDD discloses gross sales, not profit. We hold no sourced figure for annual revenue, COGS, labour, rent / occupancy and other operating costs, and will not substitute an assumed one. Enter your own and the model runs on your assumptions.
These models are for research and scenario planning only. Not investment advice. Actual results depend on your specific location, management, and market conditions. Consult a franchise attorney and accountant before signing any franchise agreement.
Item 19 · Source: 2024 FDD
Financial Performance
Includes company-owned outlets
Covers a partial period, not a full year
Based on only 2 outlets
- Item 19 type
- revenue and pnl
- Sample size
- 2 outlets
- vs category median 38 · small
- Reporting year
- 2023
- Fiscal year the figures cover
- Source filing
- FDD 2024
- Disclosed in the 2024 filing, covering 2023
- Transparency
- 6 / 10
- vs category median 4 / 10 · above
Compared against 177 Personal Care & Beauty brands
Operator outlook
What the numbers say
Data-driven interpretation of this brand's financial disclosures, fee structure, and system trajectory.
Fee burden
Total ongoing fee load of 7.0% (near the Personal Care & Beauty median).
Disclosure
Item 19 reports revenue and pnl rather than annual gross sales, so unit revenue is not directly comparable.
Operator retention
System contracting at -4.2% CAGR over 3 years. Investigate whether closures are franchisor-driven consolidation or franchisee exits.
Multi-unit rate
50% of franchisees own multiple units, a moderate multi-unit rate.
Source: FDD Item 19 financial performance representations and publicly filed FDD data. Past performance is not indicative of future results. Verify all figures with the franchisor and current franchisees before making any investment decision.
vs Personal Care & Beauty medians
How PAINT Nail Bar Compares
Category median of published Personal Care & Beauty brands that report the figure; the middle half spans the 25th to 75th percentile and n counts the brands behind it. Medians are used because a few very large systems pull an average far from the typical brand. Revenue is disclosed gross sales, not profit.
Is the system healthy?
Source: FDD 2024 · Item 20
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 26
- Opened
- 1
- Last reporting year
- Closed
- 5
- Terminated
- 3
- Franchisor ended the franchise (per Item 20)
- Non-renewed
- 0
- Term expired, not renewed (per Item 20)
- Turnover rate
- 19.2%
- Company-owned
- 3
- Corporate units in the system
- % franchised
- 89%
- vs corporate-owned
- Multi-unit owners
- 50.0%
- Net growth (3-yr)
- -4.2%
- Net unit change over 3 years
- 3-yr CAGR
- -4.2%
- Compounded over last 3 years
Last fiscal year · Item 20 exits and transfers
- Terminated
- 3
- Not renewed
- 0
- Reacquired
- 1
- Franchisor bought back
- Signed, not yet open
- 7
- 0.27 per open outlet · Item 20 Table 5
- Projected new
- 6
- Franchisor's next-year forecast
- Transfer rate
- 19.2%
- Owners selling to other franchisees
- Termination rate
- 11.5%
- Franchisor-initiated terminations
- Ceased ops
- 3.8%
- Units that stopped operating
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 4 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 contact records (FDD Item 20). Shows states with at least one current operator on file. Full state registration data (Item 12) will appear on a future FDD refresh.
Where the owners are · Item 20 owner list
5 current owners across 4 states.
- FL 2
- MD 1
- MI 1
- TX 1
Counts only, from the list the franchisor prints in Item 20. Names and phone numbers are for your own due diligence and are not shown here.
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA 7(a) and 504 loan disclosures, public data unique to FranchiseVerdict.
- Total loans
- 25
- Loan volume
- $7.4M
- Median loan
- $303K
- 50th percentile
- Charge-off rate
- 9.1%
- on 25 loans · rates vary by category · see methodology
Historical SBA 7(a) lending data, not predictive of future performance. How SBA charge-off rates are calculated
- Repayment rate (PIF)
- 90.9%
- 5-yr charge-off
- 9.1%
- Loans approved 2021+
- Active lenders
- 13
- Defaults
- 1
- Typical loan rate
- 7.5%
- avg rate to borrowers
- Franchised industry avg
- 13.7%
- brand beats franchise avg ↓
- Jobs supported
- 371
- 5.4 per loan
- Lender concentration
- 45%
- top lender's share
Borrower mix: 86% went to startups / new businesses, 14% to established operators
Franchise vs independent — in nail salons, franchised businesses charge off at 13.7% vs 23.2% for independents — franchising is associated with 41% lower SBA default risk in this category.
Top lenders financing PAINT Nail Bar franchisees
Showing 3 of 13 lenders. The full breakdown — every lender, state distribution, interest rates & risk ratings — is in the SBA Lending Report below.
Explore lender portfolios on Bank Reports or regional data on State Reports.
Lender network · 7(a) + 504
SBA Lending Report
Full lending analysis for PAINT Nail Bar from SBA 7(a) FOIA data.
- Principal loss rate
- 3.3%
- Avg SBA guarantee
- 78%
- Avg interest rate
- 7.50%
- Avg chargeoff amount
- $226K
- Lender concentration
- 45.5%
- Job velocity
- 5.4 per $100K
- NAICS benchmark
- 17.6%
- NAICS 812113
- Jobs supported
- 371
Top SBA lendersTop lender holds 45% of loans
| # | Lender | Loans | Volume | Default % |
|---|---|---|---|---|
| 1 | Citizens Bank | 10 | $2.8M | 14.3% |
| 2 | Old National Bank | 3 | $1.1M | N/A |
| 3 | First National Bank of Pennsylvania | 1 | $151K | 0.0% |
| 4 | Capital Bank, National Association | 1 | $350K | N/A |
| 5 | Republic Bank & Trust Company | 1 | $255K | N/A |
| 6 | Frost Bank | 1 | $250K | N/A |
| 7 | Seacoast National Bank | 1 | $200K | 0.0% |
| 8 | CRF Small Business Loan Company, LLC | 1 | $348K | 0.0% |
| 9 | Readycap Lending, LLC | 1 | $328K | 0.0% |
| 10 | Encore Bank | 1 | $662K | N/A |
Geographic failure vector
| State | Loans | Defaults | Rate |
|---|---|---|---|
| FLFlorida | 5 | 0 | 0.0% |
| TXTexas | 4 | 0 | 0.0% |
| OHOhio | 3 | 0 | -- |
| MDMaryland | 2 | 0 | 0.0% |
| ARArkansas | 1 | 0 | -- |
| CACalifornia | 1 | 1 | 100.0% |
| KYKentucky | 1 | 0 | -- |
| MNMinnesota | 1 | 0 | -- |
| NCNorth Carolina | 1 | 0 | 0.0% |
| PAPennsylvania | 1 | 0 | 0.0% |
SBA 7(a) lending trend
Borrower profile
Source: SBA 7(a) + 504 FOIA loan-level data, matched by FranchiseVerdict
What could kill this investment?
SBA loans charge off at 9.1% — 43% below the 16.0% national norm, i.e. lower lender-observed risk.
Source: SBA 7(a) FOIA · FDD Items 3, 21
Risk analysis
FranchiseVerdict rating + FDD Items 3, 4, 8, 16, 21
Risk & Legal
PAINT Nail Bar presents elevated risk due to contracting unit count, opaque financial performance data, aggressive royalty burden on thin margins, and litigation history, warranting careful validation before investment.
Litigation (Item 3)
Subject: the franchisor is a named party (defendant).
1) Arbitration demand by former franchisee Elyse Quast (Nov 2023); arbitrator found in favor of franchisor, zero damages awarded. 2) Suit by franchisor vs Boss Beauty Brands/Sara Brown for Lanham Act violations and non-compete breach; countersuit filed; settled July 2024 with $200,000 consent judgment against BBB.
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · HD Davis CPAs, LLC
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Financial statements in the FDD exhibit are prepared without an audit; no independent CPA audited the figures. Statements are embedded as images with no extractable numeric values.
Supplier relationship · Items 8 & 16
- Franchisor sells you products: Yes
- Kickbacks from required suppliers: No
- Must buy proprietary products: Yes
- Restricted to system-approved products: Yes
- Can negotiate own supplier terms: No
Score breakdown · what drove the 43 / 100 verdict
- 01MEDUnit count declined 14.8% YoY (26 units), indicating system contraction and potential franchisee dissatisfaction
- 02MINORRoyalty structure of greater of $1,500 or 6% is aggressive; at average revenue of $86,084, monthly royalties ($1,500) represent 20.8% of net income, severely limiting profitability
- 03MINORHigh investment range ($217,850–$755,700) relative to average net income ($17,760.50 suggests payback period of 12+ years at lower end, longer at upper end
- 04HIGHTwo litigation events involving Lanham Act violations and non-compete disputes suggest franchisor enforces brand standards aggressively and may have history of operational conflicts
- 05MINORFranchise fee of $52,500 is substantial given modest average unit economics and negative system growth trajectory
Severity inferred from the FDD text · not a regulatory classification
What are you signing up for?
Ongoing fees run about 7.0% of sales (royalty + ad fund), before rent and labor.
Source: FDD 2024 · Items 11, 12, 17
FDD Items 12, 15, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 10 years |
|---|---|
| Renewal term | 5 years |
| Allowed renewalsℹ | 2 |
| Territory type | Protected territory |
| Protected territory | Yes |
| Exclusive territoryℹ | No |
| Territory radius | 2 mi |
| Online sales rightsℹ | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Optional |
| Non-compete (years)ℹ | 2 years |
| Non-compete (miles)ℹ | 5 mi |
| Right of first refusalℹ | Yes |
| RoFR response window | 60 days |
| Transfer requires consent | Yes |
| Termination notice | 30 days |
| Mandatory arbitration | No |
| Arbitration location | Sarasota, Florida (mediation only) |
| Jury trial waiver | Yes |
| Governing law | FL |
| Litigation count | 2 |
View Item 3 litigation summary
1) Arbitration demand by former franchisee Elyse Quast (Nov 2023); arbitrator found in favor of franchisor, zero damages awarded. 2) Suit by franchisor vs Boss Beauty Brands/Sara Brown for Lanham Act violations and non-compete breach; countersuit filed; settled July 2024 with $200,000 consent judgment against BBB.
Items 10, 11
Training & Operations
- Classroom training
- 30 hrs
- On-the-job training
- 10 hrs
- Training location
- Corporate Headquarters in Sarasota, Florida, or other designated Salon
- Ongoing training
- Required
- Time to open
- 10 mo
- From signing to launch
- Site selection
- Franchisor approval required
- Franchisor financing
- Not offered
- Item 10
- POS system
- Booker
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: Booker
Item 20 · call current owners
Franchisee Contacts
5 owners to call
Name · phone · city · state. Extracted from FDD Item 20
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a PAINT Nail Bar franchise?
The total investment to open a PAINT Nail Bar franchise ranges from $218K – $756K, with an initial franchise fee of $53K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do PAINT Nail Bar franchise owners earn?
Item 19 of the PAINT Nail Bar FDD discloses figures for part of the system but no single average across all outlets. These are gross sales figures, not profit; the Revenue section shows what the filing reports and on what basis. Item 20 of the FDD lists current and former franchisees; asking them directly is the standard way to fill this gap.
Who owns PAINT Nail Bar?
PAINT Nail Bar is franchised by PAINT Nail Bar Franchise Company, LLC. Source: FDD Item 1, 2024 filing.
What is Item 19 in the PAINT Nail Bar FDD?
The FDD section where a franchisor may disclose financial performance of its outlets. Disclosure is optional and formats vary; figures are typically gross sales, which is revenue before expenses, not profit. FranchiseVerdict extracts these figures directly from the PAINT Nail Bar FDD and qualifies whose outlets they describe.
What is PAINT Nail Bar's franchise failure rate?
Based on SBA 7(a) loan data, PAINT Nail Bar has a charge-off rate of 9.1% across 25 loans, meaning 9.1% of franchise loans were charged off. Charge-off rates are one proxy for franchise risk, though they do not capture all closures. This data comes from FOIA-sourced SBA lending records.
How many PAINT Nail Bar franchise locations are there?
As of their most recent FDD filing, PAINT Nail Bar has 26 total units in the United States, including 23 franchised units and 3 company-owned units. 1 new units were opened in the latest reporting year.
Is PAINT Nail Bar a good franchise to buy?
FranchiseVerdict rates PAINT Nail Bar as a C-grade franchise with a verdict score of 43 out of 100 (higher is better). The grade is a deterministic score built from six weighted dimensions — financial health, unit economics, unit growth, scale, legal, and transparency — then calibrated against SBA loan charge-off rates and FDD age. Transparency is one of the six, so a filing that discloses less scores lower on that dimension than one that discloses more. Our rating is based solely on publicly available FDD and government data; we recommend speaking with current franchisees before making any investment decision. This is not investment advice.
Data sourced from public FDD filings and SBA 7(a) FOIA records. Not financial advice.
For franchisors
Are you the franchisor?
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Data extracted from public FDD filings and SBA 7(a) loan disclosures (FOIA). This information is provided for research purposes only and does not constitute financial, legal, or investment advice. Verify all figures with the franchisor's current Franchise Disclosure Document before making any investment decision.