Painting with a TwistFranchise Cost, Revenue & Review 2026
Data from FDD filing + SBA 7(a) records
FranchiseVerdict summary · 2026
A Painting with a Twist franchise requires a total initial investment of $119K – $256K, including a $25K franchise fee and an ongoing 6.0% royalty[2]. Per the 2024 FDD, average unit revenue was $252K[2]. SBA 7(a) loans show a 11.1% charge-off rate across 68 loans[1]. Verdict grade: A. Run a live ROI scan →
Data last verified June 21, 2026 · figures per the 2024 FDD issuance
Overview
- Investment
- $119K – $256K
- 42nd pct Home Services
- Avg gross sales
- $252K
- 4th pct Home Services
- Royalty
- 6.0%
- 13th pct Home Services
- Units
- 220
- 69th pct Home Services
- SBA default
- 11.1%
- system-wide median varies by category
Quick verdict · Home Services · color = vs category peers
Green = >15% above Home Services 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
Franchised units fell from 231 to 219 over 3 years. Investigate why operators are leaving.
Bottom line
- Total investment $119K – $256K including a $25K franchise fee, 6.0% ongoing royalty.
- Average unit revenue of $252K/year (median $228K).
- Verdict A (Top Quintile) with a risk score of 41/100. SBA loan charge-off rate of 11.1% across 68 loans (above the 16% franchise average, based on all SBA 7(a) franchise lending, 2010–2024).
- System contracting at -5.2% CAGR over 3 years. Investigate whether closures are franchisor-driven (consolidation) or franchisee-driven (economics).
Item 1 · who you're contracting with
The Franchisor
- Legal entity
- Painting with a Twist, L.L.C.
- Parent company
- Twist Brands LLC
- Predecessor
- or affiliate of ours
- Prior franchisor entity
- Incorporated in
- LA
- HQ
- P.O. Box 1710, Mandeville, LA 70470
- Auditor
- Reagan & Reagan CPA, LLC
- Audited financials
- Franchisor revenue
- $4.5M
- vs $4.5M prior year
Independent franchisee associations
- Franchise Advisory Council (FAC)
Franchisee-led councils or alliances disclosed in Item 20. Indicates operator voice.
Affiliated brands
- of ours
- companies
Other brands the franchisor or its parent operates (Item 1).
Overview
About
Franchisees operate paint-and-sip studios where customers create artwork while consuming beverages in a social setting. Day-to-day operations include managing class scheduling, instructor staffing, inventory (paint/canvases/beverages), customer check-in, and creating a high-energy experiential environment. Revenue depends on class frequency, attendance rates, and per-person pricing.
- CEO
- Todd Owen
- Headquarters
- LA
- Founded
- 2009
- FDD year
- 2024
- States available
- 35
FDD Item 7 · 2024 filing · 16 line items
Initial investment breakdown
| Line item | Low | High | |
|---|---|---|---|
| Initial Franchise Feenot refundable | $25K | $25K | |
| Real Estate Lease for Premises - 2 months | $5K | $17K | |
| Grand Opening Advertising | $5K | $5K | |
| Training Expenses (salary expenses) | $0 | $2K | |
| Travel and Living Expenses while Training | $0 | $2K | |
| Insurance | $2K | $4K | |
| Furniture, Fixtures and Equipment | $14K | $25K | |
| Other Prepaid Expenses | $1K | $4K | |
| Opening Inventory | $4K | $8K | |
| Signage | $4K | $8K | |
| Leasehold Improvements | $30K | $90K | |
| Computer Hardware & Software | $1K | $3K | |
| Legal, Accounting & Organizational Costs | $1K | $5K | |
| Additional Funds - 3 months | $25K | $40K | |
| Architectural | $2K | $5K | |
| Alcohol Licensing | $1K | $15K | |
| Total initial investment | $119K | $256K |
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
$28K
11.0% margin
Unlevered ROIC
13%
EBITDA / total invested capital
Payback
7.9 yrs
cash-on-cash, unlevered
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $119K – $256K
- Near category avg vs category
- Liquid capital req'd
- $25K – $40K
- Near category avg vs category
- Franchise fee
- $20K – $25K
- Better than avg vs category
- Royalty
- 6.0%
- Gross Sales · typical 6–8%
- Ad fund
- 2.0%
- typical 3–5%
- Total fee load
- 8.0%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 6.0% of gross sales |
| Marketing / ad fund | 2.0% of gross sales |
| Technology fee | $150 |
| Transfer fee | $13K |
| Inventory (initial) | $4K – $8K |
| Total fee load | 8.0% of rev |
Financial Performance
- Avg gross sales
- $252K
- Per unit, per year
- Median gross sales
- $228K
- Item 19 type
- gross_sales
- Sample size
- 191 units
- vs category median 25 · large
- Range (low → high)
- $101K→$622K
- Cohort dispersion (min → max)
- Quartile band
- N/A→$385K
- Bottom 25% → top 25%
- Transparency tier
- full
- Categorical assessment of disclosure depth
- Transparency
- 4 / 5
- vs category median 4 / 5 · typical
Compared against 349 Home Services brands
vs Home Services averages
How Painting with a Twist Compares
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 220
- Opened
- 5
- Last reporting year
- Closed
- 5
- Turnover rate
- 2.3%
- Company-owned
- 1
- Corporate units in the system
- % franchised
- 100%
- vs corporate-owned
- Net growth (yr3)
- +0.0%
- Net unit change last year
- 3-yr CAGR
- -5.2%
- Compounded over last 3 years
3-year detail · Item 20
- Closed (3yr)
- 13
- Terminated (3yr)
- 1
- Non-renewed (3yr)
- 0
- Transfers (3yr)
- 18
- Reacquired (3yr)
- 0
- Franchisor bought back
- Termination rate
- 0.4%
- Franchisor-initiated terminations
- Ceased ops
- 5.9%
- Units that stopped operating
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 38 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.
Available to sell in · Item 12
- Hawaii
- Illinois
- Indiana
- Maryland
- Michigan
- Minnesota
- New York
- North Dakota
- Rhode Island
- South Dakota
- Virginia
States where the franchisor is registered to sell new franchises (FDD registration filings).
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA 7(a) and 504 loan disclosures, public data unique to FranchiseVerdict.
- Total loans
- 68
- Loan volume
- $8.2M
- Median loan
- $107K
- 50th percentile
- Charge-off rate
- 11.1%
- 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)
- 88.9%
- 5-yr charge-off
- 0.0%
- Loans approved 2021+
- Active lenders
- 35
- Defaults
- 5
Vintage analysis
Painting with a Twist charge-off rate by loan vintage
Explore lender portfolios on Bank Reports or regional data on State Reports.
Premium insight
SBA Lending Report
Deep-dive into Painting with a Twist'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 15 states
- Startup risk premium and job creation velocity
- 13-year lending trend
Instant access. No subscription.
Risk analysis
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Painting with a Twist presents elevated risk due to undisclosed profitability metrics, unclear unit growth, and corporate going concern status, making true ROI assessment impossible.
Litigation (Item 3)
0 case reference(s): 0 pending, 0 settled.
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · Reagan & Reagan CPA, LLC
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Supplier relationship · Items 8 & 16
- Franchisor sells you products: No
- Must buy proprietary products: No
- Restricted to system-approved products: No
Score breakdown · what drove the 41 / 100 rating
- 01MEDNo Item 19 (Average Unit Volume) disclosed despite $251,747 claimed average revenue — inability to verify profitability claims
- 02HIGHGoing Concern status is False, indicating potential financial instability at corporate level
- 03MINORUnit count of 220 with unknown growth trajectory — cannot assess system expansion or contraction
- 04MEDHigh investment range ($119K-$255.5K) relative to undisclosed net income creates ROI uncertainty
- 05MINOR6% royalty on gross (not net) sales means franchisees pay regardless of profitability
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 | 7 years |
|---|---|
| Renewal term | 5 years |
| Allowed renewalsℹ | 4 |
| Territory type | Radius/Population |
| Protected territory | Yes |
| Territory population | 100,000 |
| Online sales rightsℹ | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Optional |
| Non-compete (years)ℹ | 1 year |
| Right of first refusalℹ | Yes |
| Termination notice | 30 days |
| Termination groundsℹ | 1 |
| Curable defaultsℹ | 3 |
| Mandatory arbitration | No |
| Jury trial waiver | Yes |
| Governing law | Louisiana |
| Litigation count | 0 |
View Item 3 litigation summary
0 case reference(s): 0 pending, 0 settled.
Items 10, 11
Training & Operations
- Classroom training
- 72 hrs
- On-the-job training
- 42 hrs
- Training location
- On-site and corporate
- Site selection
- joint
- POS system
- FAM System
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: FAM System
Item 20 · call current owners
Franchisee Contacts
241 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
Painting with a Twist · FDD (2024) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a Painting with a Twist franchise?
The total investment to open a Painting with a Twist franchise ranges from $119K – $256K, with an initial franchise fee of $25K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do Painting with a Twist franchise owners earn?
According to Item 19 of the Painting with a Twist FDD, the average gross sales per unit is $252K. The median is $228K. Note: this is gross revenue, not profit. Actual owner earnings vary based on location, operating costs, and management.
What is Painting with a Twist's franchise failure rate?
Based on SBA 7(a) loan data, Painting with a Twist has a charge-off rate of 11.1% across 68 loans, meaning 11.1% 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 Painting with a Twist franchise locations are there?
As of their most recent FDD filing, Painting with a Twist has 220 total units in the United States, including 231 franchised units and 1 company-owned units. 5 new units were opened in the latest reporting year.
Is Painting with a Twist a good franchise to buy?
FranchiseVerdict rates Painting with a Twist as a A-grade franchise with a risk score of 41 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.