PAINT Nail BarFranchise Cost, Revenue & Review 2026
Data from FDD filing + SBA 7(a) records
FranchiseVerdict summary · 2026
A PAINT Nail Bar franchise requires a total initial investment of $218K – $756K, including a $53K franchise fee. Per the 2024 FDD, average unit revenue was $1.0M[2]. SBA 7(a) loans show a 9.1% charge-off rate across 25 loans[1]. Verdict grade: B. Run a live ROI scan →
Data last verified June 21, 2026 · figures per the 2024 FDD issuance
Overview
- Investment
- $218K – $756K
- 22nd pct Personal Care…
- Avg gross sales
- $1.0M
- 28th pct Personal Care…
- Royalty
- N/A
- Units
- 26
- 21st pct Personal Care…
- SBA default
- 9.1%
- system-wide median varies by category
Quick verdict · Personal Care & Beauty · color = vs category peers
Green = >15% above Personal Care & Beauty avg · No shading = within ±15% · Red = >15% below avg · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
The system contracted 15% year-over-year. Investigate why units are closing.
4% cash-on-cash return (based on P&L Bottom Line). Below the 15% threshold where most investors start to question viability.
Bottom line
- Total investment $218K – $756K including a $53K franchise fee.
- Average unit revenue of $1.0M/year, with an estimated 4% cash-on-cash return (based on P&L Bottom Line).
- Verdict B (Above Average) with a risk score of 57/100. 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, 2010–2024).
- Revenue data based on only 2 reporting units. Treat as directional, not definitive. Ask franchisees directly for current unit economics.
Item 1 · who you're contracting with
The Franchisor
- Legal entity
- PAINT Nail Bar Franchise Company, LLC
- 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
PAINT Nail Bar franchisees operate nail salon locations providing manicure, pedicure, and nail art services. Day-to-day operations include managing technician staff, maintaining salon hygiene and brand standards, handling customer scheduling and payments, and ensuring compliance with local health regulations and franchisor brand guidelines.
- CEO
- Mark Schlossberg
- Headquarters
- FL
- Founded
- 2015
- FDD year
- 2024
- States available
- 13
FDD Item 7 · 2024 filing · 20 line items
Initial investment breakdown
| Line item | Low | High | |
|---|---|---|---|
| Franchise Feenot refundable | $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 | |
| Area Development Feenot refundable | $100K | $213K | |
| Total initial investment | $370K | $968K |
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.
Single-unit · estimated
Returns at a glance
Indicative numbers using FDD Item 7 / Item 19 inputs and category-benchmarked cost ratios. Full single-unit, 25-unit portfolio, and LBO models (with every input editable to stress-test your own scenario) live on the financials page.
Store EBITDA · annual
$238K
23.0% margin
Unlevered ROIC
44%
EBITDA / total invested capital
Payback
28 mo
cash-on-cash, unlevered
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $218K – $756K
- Better than avg vs category
- Liquid capital req'd
- $20K – $96K
- Better than avg vs category
- Franchise fee
- $53K – $53K
- Better than avg vs category
- Royalty
- the greater of $1,500 or 6% of Gross Revenues
- Ad fund
- 1.0%
- typical 3–5%
- Total fee load
- 7.0%
- vs 9–13% typical
- Payback period
- 27.4 yrs
- From FDD / Item 19
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty (flat) | greater of $1,500 or 6% of Gross Revenues |
| Marketing / ad fund | 1.0% of gross sales |
| Technology fee | $650 |
| Transfer fee | $26K |
| Renewal fee | $26K |
| Total fee load | 7.0% of rev |
Financial Performance
- Avg gross sales
- $1.0M
- Per unit, per year
- Median gross sales
- N/A
- Avg p&l bottom line
- $18K
- Reported as P&L Bottom Line in FDD Item 19
- Cash-on-cash
- 3.6%
- Based on P&L Bottom Line / investment midpoint
- Item 19 type
- Average Monthly Revenue and Expenses for Corporate Salons
- Sample size
- 2 units
- vs category median 35 · small
- Transparency
- 9 / 5
- vs category median 4 / 5 · above
Compared against 186 Personal Care & Beauty brands
vs Personal Care & Beauty averages
How PAINT Nail Bar Compares
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 (yr3)
- -14.8%
- Net unit change last year
- 3-yr CAGR
- -4.2%
- Compounded over last 3 years
3-year detail · Item 20
- Transfers (3yr)
- 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 · 17 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.
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%
- 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
Explore lender portfolios on Bank Reports or regional data on State Reports.
Premium insight
SBA Lending Report
Deep-dive into PAINT Nail Bar's SBA lending history: lender network, geographic footprint, interest rates, and more.
SBA Lending Report
- Principal loss rate and NAICS industry benchmark
- 10 lenders with concentration factor
- Per-state charge-off rates across 12 states
- Startup risk premium and job creation velocity
- 7-year lending trend
Instant access. No subscription.
Risk analysis
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
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)
Case 1: Elyse Quast (former franchisee) filed arbitration demand on November 11, 2023 (Case No. 01-24-0004-2919) against PNB and Mark Schlossberg alleging FDD violations, fraudulent misrepresentation, and price controls. Sought damages exceeding $1,037,877.18. Arbitration hearing held September-October 2024. Arbitrator ruled completely in favor of PNB; Quast awarded zero dollars in damages. Case 2: PNB filed suit against Boss Beauty Brands, LLC and Sara Brown on May 29, 2024 in U.S. District Court Middle District of Florida (Case No. 8:24-cv-01309) for Lanham Act violations and breach of non-competition/confidentiality covenants. BBB filed counterclaim in Missouri state court (Case No. 24SL-CC02191) on May 13, 2024 alleging fraud and breach of contract. Both cases settled on July 24, 2024 with $200,000 judgment against BBB, injunction, and mutual release of claims. Consent Order entry pending.
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · HD Davis CPAs, LLC
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Supplier relationship · Items 8 & 16
- Franchisor sells you products: Yes
- Kickbacks from required suppliers: Yes
- Must buy proprietary products: Yes
- Restricted to system-approved products: Yes
- Can negotiate own supplier terms: No
Score breakdown · what drove the 57 / 100 rating
- 01MEDUnit count declined 14.8% YoY (26 units), indicating system contraction and potential franchisee dissatisfaction
- 02HIGHNo Item 19 financial performance representation (Going Concern = False), making it impossible to verify if $17,760.50 average net income is realistic or cherry-picked
- 03MINORRoyalty 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
- 04MINORHigh 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
- 05HIGHTwo litigation events involving Lanham Act violations and non-compete disputes suggest franchisor enforces brand standards aggressively and may have history of operational conflicts
- 06MINORFranchise 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
FDD Items 5, 6, 12, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 10 years |
|---|---|
| Renewal term | 5 years |
| Allowed renewalsℹ | 2 |
| Territory type | Radius |
| Protected territory | Yes |
| Exclusive territoryℹ | Yes |
| Territory radius | 2 mi |
| Online sales rights | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Optional |
| Non-compete (years)ℹ | 2 years |
| Right of first refusalℹ | Yes |
| Termination notice | 30 days |
| Mandatory arbitration | Yes |
| Jury trial waiver | Yes |
| Governing law | Florida |
| Litigation count | 2 |
View Item 3 litigation summary
Case 1: Elyse Quast (former franchisee) filed arbitration demand on November 11, 2023 (Case No. 01-24-0004-2919) against PNB and Mark Schlossberg alleging FDD violations, fraudulent misrepresentation, and price controls. Sought damages exceeding $1,037,877.18. Arbitration hearing held September-October 2024. Arbitrator ruled completely in favor of PNB; Quast awarded zero dollars in damages. Case 2: PNB filed suit against Boss Beauty Brands, LLC and Sara Brown on May 29, 2024 in U.S. District Court Middle District of Florida (Case No. 8:24-cv-01309) for Lanham Act violations and breach of non-competition/confidentiality covenants. BBB filed counterclaim in Missouri state court (Case No. 24SL-CC02191) on May 13, 2024 alleging fraud and breach of contract. Both cases settled on July 24, 2024 with $200,000 judgment against BBB, injunction, and mutual release of claims. Consent Order entry pending.
Items 10, 11
Training & Operations
- Classroom training
- 30 hrs
- On-the-job training
- 10 hrs
- Training location
- On-site and corporate
- Time to open
- 10 mo
- From signing to launch
- POS system
- Booker
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: Booker
Item 20 · call current owners
Franchisee Contacts
20 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
PAINT Nail Bar · FDD (2024) PDF
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?
According to Item 19 of the PAINT Nail Bar FDD, the average gross sales per unit is $1.0M. Note: this is gross revenue, not profit. Actual owner earnings vary based on location, operating costs, and management.
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 B-grade franchise with a risk score of 57 out of 100, based on our analysis of investment costs, revenue data, SBA loan performance, and growth trends. 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.
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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.