Regal Nails Salon & Spa Franchise Cost, Revenue & Review 2026
- Investment
- $173K – $722K
- Disclosed sales
- not disclosed
- SBA charge-off
- Under 10 loans (2)
Data from FDD filing + SBA 7(a) records
Analysis by FranchiseVerdict Research · Methodology
Regal Nails is a nail-salon franchise, typically located inside Walmart stores, offering manicures, pedicures, and gel and spa treatments. Franchisees run the salon managing nail technicians, sanitation, scheduling, and retail supplies.
FranchiseVerdict summary · 2026
A Regal Nails Salon & Spa franchise requires a total initial investment of $173K – $722K, including a $25K franchise fee. This franchisor makes no financial performance representation in Item 19 of its FDD. Item 19 is voluntary under the FTC Franchise Rule, and this filing states that it makes none, so no revenue or earnings figures are disclosed. Declining to publish one is lawful and is not evidence of how the outlets perform. It does mean that less about this brand can be verified from its filing, and the FranchiseVerdict grade - an editorial assessment, not investment advice - reflects that. FranchiseVerdict grade: B (Above 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: low - issued within the last 12 months
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 scored3 of 3 headline figures on this page cite a page of the filing.
Overview
- Investment
- $173K – $722K
- 17th pct Personal Care…
- Avg gross sales
- N/A
- Royalty
- Not extracted
- Units
- 514
- 56th pct Personal Care…
- SBA charge-off
- N/A
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 $173K – $722K including a $25K franchise fee.
- RETURNSThis franchisor makes no financial performance representation in Item 19 of its FDD. Item 19 is voluntary under the FTC Franchise Rule, and this filing states that it makes none, so no revenue or earnings figures are disclosed. Declining to publish one is lawful and is not evidence of how the outlets perform. It does mean that less about this brand can be verified from its filing, and the FranchiseVerdict grade - an editorial assessment, not investment advice - reflects that.
- RISKVerdict B (Above average), verdict score 50/100 (higher is better).
- GROWTHNegative: net -24 franchised outlets in the latest year (0 opened, 27 closed); 15 signed but not yet open (Item 20).
- DECLINESystem contracting at -12.1% CAGR over 3 years. Investigate whether closures are franchisor-driven (consolidation) or franchisee-driven (economics).
Item 1 · who you're contracting with
The Franchisor
Corporate structure & franchisor financials
- Legal entity
- Regal Nails, Salon & Spa, LLC
- Predecessor
- Regal Nails, LLC
- Prior franchisor entity
- CEO title
- General Manager and Chief Executive Officer
- Quy T. Ton
- Incorporated in
- Nevada
- HQ
- 5150 Florida Boulevard, Baton Rouge, LA 70806
- Auditor
- Kolder, Slaven & Company, LLC
- Audited financials
- Franchisor revenue
- $24.8M
- vs $25.6M prior year
Overview
About
- CEO
- Quy T. Ton
- Headquarters
- LA
- Founded
- 2005
- FDD year
- 2026
- States available
- 44
Can you afford it, and what does the money buy?
Entry cost runs 11% above the typical personal care & beauty franchise.
Source: FDD 2026 · Items 5–7
FDD Item 7 · 2026 filing
Initial investment breakdown
| Cost component | Low | High |
|---|---|---|
| Initial franchise fee | $25K | $25K |
| Working capital (3–6 mo) | $12K | $15K |
| Equipment, build-out, other | $136K | $682K |
| Total initial investment | $173K | $722K |
Source: Regal Nails Salon & Spa 2026 FDD, Items 5 and 7[2]. “Equipment, build-out, other” is computed as total minus disclosed line items above.
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $173K – $722K
- Top 40% of category vs category
- Liquid capital req'd
- $12K – $15K
- Top 40% of category vs category
- Franchise fee
- $25K – $25K
- Top 40% of category vs category
- Royalty
- $500 to $15,000 per month
- Ad fund
- $25 to $500 per month
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty (flat) | Monthly Fee $500-$15,000/month (combined franchise fee + rent/rental tax where applicable) |
| Transfer fee | $1K |
| Renewal fee | $500 |
ROI & LBO modelsSingle-unit · 25-unit portfolio · editable
Regal Nails Salon & Spa makes no financial performance representation in Item 19 of its FDD - a voluntary item under the FTC Franchise Rule - so no unit revenue figures are disclosed. 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 Regal Nails Salon & Spa 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, royalty rate, ad fund rate, 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: 2026 FDD
Financial Performance
No financial performance representation
This franchisor makes no financial performance representation in Item 19 of its FDD. Item 19 is voluntary under the FTC Franchise Rule, and this filing states that it makes none, so no revenue or earnings figures are disclosed. Declining to publish one is lawful and is not evidence of how the outlets perform. It does mean that less about this brand can be verified from its filing, and the FranchiseVerdict grade - an editorial assessment, not investment advice - reflects that.
Item 20 of the FDD lists current and former franchisees; asking them directly is the standard way to fill this gap.
Operator outlook
What the numbers say
Data-driven interpretation of this brand's financial disclosures, fee structure, and system trajectory.
Disclosure
This franchisor makes no financial performance representation in Item 19 of its FDD. Item 19 is voluntary under the FTC Franchise Rule, and this filing states that it makes none, so no revenue or earnings figures are disclosed. Declining to publish one is lawful and is not evidence of how the outlets perform. It does mean that less about this brand can be verified from its filing, and the FranchiseVerdict grade - an editorial assessment, not investment advice - reflects that. Item 20 of the FDD lists current and former franchisees; asking them directly is the standard way to fill this gap.
Operator retention
System contracting at -12.1% CAGR over 3 years. Investigate whether closures are franchisor-driven consolidation or franchisee exits.
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 Regal Nails Salon & Spa 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 2026 · Item 20
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 514
- Opened
- 0
- Last reporting year
- Closed
- 27
- Turnover rate
- 5.3%
- Company-owned
- 1
- Corporate units in the system
- % franchised
- 100%
- vs corporate-owned
- Net growth (3-yr)
- -12.1%
- Net unit change over 3 years
- 3-yr CAGR
- -12.1%
- Compounded over last 3 years
Last fiscal year · Item 20 exits and transfers
- Signed, not yet open
- 15
- 0.03 per open outlet · Item 20 Table 5
- Projected new
- 4
- Franchisor's next-year forecast
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
12 current owners across 4 states.
- LA 9
- MA 1
- NC 1
- RI 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.
A system losing more than 10% of its units year-over-year is a red flag. Check whether closures are concentrated in specific regions.
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA loan disclosures. This brand has only 2 7(a) loans on file; statistical reliability is limited below 10 loans.
- Total loans
- 2
- Loan volume
- $200K
- Median loan
- $100K
- 50th percentile
- Charge-off rate
- Under 10 loans (2)
- Insufficient SBA coverage: 2 loans, rate hidden below 10
Historical SBA 7(a) lending data, not predictive of future performance. How SBA charge-off rates are calculated
- Repayment rate (PIF)
- Under 10 loans (2)
- 5-yr charge-off
- Under 10 loans (2)
- Loans approved 2021+
- Active lenders
- 2
- Defaults
- N/A
Explore lender portfolios on Bank Reports or regional data on State Reports.
What could kill this investment?
Source: SBA 7(a) FOIA · FDD Items 3, 21
Risk analysis
FranchiseVerdict rating + FDD Items 3, 4, 8, 16, 21
Risk & Legal
514-unit nail-salon franchisor with parent-level financials (net worth $14.9M, net income $1.9M). Seven Item-3 matters — mostly franchisor collection suits plus two OLD (2005, 2007) state regulatory actions for selling unregistered franchises. Concerns stack: declining units (-12.1%), financial_distress flag, and no Item 19.
Litigation (Item 3)
Subject: the franchisor is a named party (plaintiff).
Multiple collection/breach-of-contract suits by franchisor against former franchisees over unpaid amounts (2020-2025); two historical (2005, 2007) state regulatory actions in California and Virginia for offering/selling unregistered franchises, resulting in a Virginia settlement (penalties totaling $21,000) and a California cease-and-desist order.
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · Kolder, Slaven & Company, LLC
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Consolidated revenues per audited Statements of Operations for FY2025 ($24,536,757) and FY2024 ($24,805,653).
ⓘ These are the parent company's consolidated financials (the parent guarantees the franchisor), not this brand's standalone results — the figure reflects the whole corporate group, not this brand alone.
Supplier relationship · Items 8 & 16
- Franchisor sells you products: Yes
- Must buy proprietary products: Yes
- Restricted to system-approved products: Yes
- Can negotiate own supplier terms: No
Score breakdown · what drove the 50 / 100 verdict
- 01HIGH7 litigation matters including 2 historical regulatory actions (unregistered franchise sales)
- 02MINORDeclining net growth -12.1%
- 03MINORNo Item 19 disclosure
- 04HIGHLitigation count moderate relative to 514 units
Severity inferred from the FDD text · not a regulatory classification
What are you signing up for?
Source: FDD 2026 · Items 11, 12, 17
FDD Items 12, 15, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 5 years |
|---|---|
| Renewal term | 5 years |
| Allowed renewalsℹ | 2 |
| Protected territory | No |
| Exclusive territoryℹ | No |
| Online sales rightsℹ | Granted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Optional |
| Non-compete (years)ℹ | 1 year |
| Non-compete (miles)ℹ | 5 mi |
| Right of first refusalℹ | No |
| Transfer requires consent | Yes |
| Termination notice | 14 days |
| Mandatory arbitration | No |
| Jury trial waiver | Yes |
| Governing law | Louisiana |
| Litigation count | 5 |
View Item 3 litigation summary
Multiple collection/breach-of-contract suits by franchisor against former franchisees over unpaid amounts (2020-2025); two historical (2005, 2007) state regulatory actions in California and Virginia for offering/selling unregistered franchises, resulting in a Virginia settlement (penalties totaling $21,000) and a California cease-and-desist order.
Items 10, 11
Training & Operations
- Classroom training
- 18 hrs
- On-the-job training
- 0 hrs
- Ongoing training
- Required
- Site selection
- Franchisor (where party tenant) or franchisee subject to franchisor approval (where not party tenant)
- Franchisor financing
- Not offered
- Item 10
Items 5 & 11
Franchisor Support
Item 20 · call current owners
Franchisee Contacts
12 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 Regal Nails Salon & Spa franchise?
The total investment to open a Regal Nails Salon & Spa franchise ranges from $173K – $722K, 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 Regal Nails Salon & Spa franchise owners earn?
Regal Nails Salon & Spa makes no financial performance representation in Item 19 of its FDD - a voluntary item under the FTC Franchise Rule - so no unit revenue figures are disclosed. Declining to publish one is lawful and is not evidence of how the outlets perform. It does mean that less about this brand can be verified from its filing, and the FranchiseVerdict grade - an editorial assessment, not investment advice - reflects that. Item 20 of the FDD lists current and former franchisees; asking them directly is the standard way to fill this gap.
Who owns Regal Nails Salon & Spa?
Regal Nails Salon & Spa is franchised by Regal Nails, Salon & Spa, LLC. Source: FDD Item 1, 2026 filing.
What is Item 19 in the Regal Nails Salon & Spa 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 Regal Nails Salon & Spa FDD and qualifies whose outlets they describe.
What is Regal Nails Salon & Spa's franchise failure rate?
SBA 7(a) loan charge-off data is not available for Regal Nails Salon & Spa (fewer than 10 loans on file). Charge-off rates are one way to gauge franchise risk, but not all franchise loans go through the SBA program. We recommend reviewing turnover and closure data in the FDD and speaking with current franchisees.
How many Regal Nails Salon & Spa franchise locations are there?
As of their most recent FDD filing, Regal Nails Salon & Spa has 514 total units in the United States, including 513 franchised units and 1 company-owned units.
Is Regal Nails Salon & Spa a good franchise to buy?
FranchiseVerdict rates Regal Nails Salon & Spa as a B-grade franchise with a verdict score of 50 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
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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.