Shine Franchise Cost, Revenue & Review 2026
Data from FDD filing + SBA 7(a) records
Analysis by FranchiseVerdict Research · Methodology
Shine is a home-services franchise providing window cleaning, pressure washing, gutter cleaning, and holiday lighting for homes and businesses. Franchisees run a route-based operation with crews handling recurring residential and commercial jobs in a territory.
FranchiseVerdict summary · 2026
A Shine franchise requires a total initial investment of $142K – $189K, including a $50K franchise fee. Per the 2025 FDD, average unit revenue was $542K[2]. SBA 7(a) loans show a 0.0% charge-off rate across 21 loans[1]. FranchiseVerdict grade: A (Strongest tier), an editorial assessment, not investment advice. Run a live ROI scan →
Data last verified · figures per the 2025 FDD issuance
Overview
- Investment
- $142K – $189K
- 53rd pct Cleaning & Ma…
- Avg gross sales
- $542K
- 23rd pct Cleaning & Ma…
- Royalty
- N/A
- Units
- 74
- 56th pct Cleaning & Ma…
- SBA charge-off
- 0.0%
- % of SBA 7(a) loans not repaid · median varies by category
Quick verdict · Cleaning & Maintenance · color = vs category peers
Green = favorable by >10% vs Cleaning & Maintenance avg · 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
- Total investment $142K – $189K including a $50K franchise fee.
- Average unit revenue of $542K/year (median $397K).
- Verdict A (Strongest tier), verdict score 78/100 (higher is better). SBA loan charge-off rate of 0.0% across 21 loans (well below the franchise average, based on all SBA 7(a) franchise lending, 2010–2025).
- System growing at 57.4% CAGR over 3 years with 74 total units. Strong expansion trajectory.
Item 1 · who you're contracting with
The Franchisor
Corporate structure & franchisor financials
- Legal entity
- Shine Development LLC
- Parent company
- Evive Brands, LLC
- Ultimate parent
- Riverside Micro-Cap Fund VI-A, L.P. (The Riverside Company)
- Predecessor
- Shine Development, Inc.
- Prior franchisor entity
- CEO title
- Chief Executive Officer
- Ryan Parsons
- Incorporated in
- Delaware
- HQ
- 8100 E. Indian School Road, Suite 201, Scottsdale, AZ 85251
- Auditor
- Optimus Financials, Inc.
- Audited financials
- Franchisor revenue
- $2.8M
- vs $2.5M prior year
Independent franchisee associations
- Franchise Advisory Council (FAC)
Franchisee-led councils or alliances disclosed in Item 20. Indicates operator voice.
Affiliated brands
- Brothers Parsons Franchising
- Executive Home Care Franchising
- ALL Franchising
- MB Franchise Holdings
- Pacific Lawn Sprinklers Franchise
Other brands the franchisor or its parent operates (Item 1).
Overview
About
- CEO
- Ryan Parsons
- Headquarters
- AZ
- Founded
- 2012
- FDD year
- 2025
- States available
- 17
Can you afford it, and what does the money buy?
Entry cost runs 47% below the typical cleaning & maintenance franchise.
Source: FDD 2025 · Items 5–7
FDD Item 7 · 2025 filing
Initial investment breakdown
| Cost component | Low | High |
|---|---|---|
| Initial franchise fee | $50K | $50K |
| Working capital (3–6 mo) | $30K | $60K |
| Equipment, build-out, other | $62K | $79K |
| Total initial investment | $142K | $189K |
Source: Shine 2025 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
- $142K – $189K
- Middle of category vs category
- Liquid capital req'd
- $30K – $60K
- Middle of category vs category
- Franchise fee
- $50K – $50K
- Middle of category vs category
- Royalty
- Greater of: (i) 7% of monthly Gross Revenues, or (ii) $87…
- Ad fund
- 2.0%
- typical 3–5%
- Total fee load
- 9.0%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Marketing / ad fund | 2.0% of gross sales |
| Technology fee | $450 |
| Transfer fee | $10K |
| Renewal fee | $5K |
| Total fee load | 9.0% of rev |
What do units actually make?
Average unit sales run 45% below the cleaning & maintenance norm.
Source: FDD 2025 · Item 19
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
$60K
11.0% margin
Unlevered ROIC
28%
EBITDA / total invested capital
Payback
3.5 yrs
cash-on-cash, unlevered
Financial Performance
- Avg gross sales
- $542K
- Per unit, per year
- Median gross sales
- $397K
Gross sales are revenue before expenses — not profit. Actual owner earnings depend on rent, labor, royalties, marketing fees, and debt service.
- Item 19 type
- gross_sales
- Sample size
- 33 units
- vs category median 32
- Range (low → high)
- $13K→$1.9M
- Cohort dispersion (min → max)
- Transparency tier
- none
- Categorical assessment of disclosure depth
- Reporting year
- 2024
- Fiscal year the figures cover
- Transparency
- 4 / 10
- vs category median 4 / 10 · typical
Compared against 201 Cleaning & Maintenance brands
Operator outlook
What the numbers say
Data-driven interpretation of this brand's financial disclosures, fee structure, and system trajectory.
Unit economics
Average unit generates $542K/year in gross sales. Median is $397K — top performers pull the average up, so a typical unit earns less. Revenue-to-investment ratio: 3.3x.
Fee burden
Total ongoing fee load of 9.0% (near the Cleaning & Maintenance average).
Disclosure
Transparency score 4/10 — this franchisor discloses detailed breakdowns (quartiles, segments, or cohort data). Buyers can model unit economics with higher confidence.
Operator retention
System expanding at 57.4% CAGR over 3 years across 74 units — operators are staying and new ones are joining.
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 Cleaning & Maintenance averages
How Shine Compares
Is the system healthy?
Source: FDD 2025 · Item 20
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 74
- Opened
- 20
- Last reporting year
- Closed
- 0
- Terminated
- 1
- Franchisor ended the franchise (per Item 20)
- Non-renewed
- 0
- Term expired, not renewed (per Item 20)
- Turnover rate
- 1.4%
- Company-owned
- 0
- Corporate units in the system
- % franchised
- 100%
- vs corporate-owned
- Net growth (3-yr)
- +57.4%
- Net unit change over 3 years
- 3-yr CAGR
- +57.4%
- Compounded over last 3 years
3-year detail · Item 20
- Opened (3yr)
- 20
- Closed (3yr)
- 0
- Terminated (3yr)
- 1
- Non-renewed (3yr)
- 0
- Transfers (3yr)
- 5
- Reacquired (3yr)
- 0
- Franchisor bought back
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 20 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
- California
- Hawaii
- Illinois
- Indiana
- Maryland
- Michigan
- Minnesota
- New York
- North Dakota
- Rhode Island
- South Dakota
- Washington
States where the franchisor is registered to sell new franchises (FDD registration filings).
Fast growth in a small system. Newer franchisors expanding quickly may not yet have the support infrastructure of larger systems.
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA 7(a) and 504 loan disclosures, public data unique to FranchiseVerdict.
- Total loans
- 21
- Loan volume
- $5.4M
- Median loan
- $255K
- average
- Charge-off rate
- 0.0%
- 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)
- N/A
- 5-yr charge-off
- N/A
- Loans approved 2021+
- Active lenders
- 7
- Defaults
- 0
Vintage analysis
Shine charge-off rate by loan vintage
Top lenders financing Shine franchisees
Showing 3 of 7 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.
Premium insight
SBA Lending Report
Deep-dive into Shine's SBA lending history: lender network, geographic footprint, interest rates, and more.
SBA Lending Report
- Principal loss rate and NAICS industry benchmark
- 7 lenders with concentration factor
- Per-state charge-off rates across 8 states
- Startup risk premium and job creation velocity
Instant access. No subscription.
With a 0.0% charge-off rate across 21 loans, banks have historically viewed this brand favorably for lending.
What could kill this investment?
SBA loans charge off at 0.0% — 100% 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
Negative franchisor net worth (-$10,499) and a small net loss (-$50,038) on $2.5M revenue, plus one Item-3 litigation matter. No going-concern or bankruptcy; system is growing (57.4% net growth, 74 units, low 1.35% turnover). Weak equity is the main concern.
Litigation (Item 3)
0 case reference(s): 0 pending, 5 settled.
Largest disclosed settlement: $2,000
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · Optimus Financials, Inc.
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 78 / 100 verdict
- 01MINORNegative net worth -$10,499, net income -$50,038
- 02HIGH1 litigation matter
- 03MINORNo going-concern or bankruptcy
- 04MINOR74 units, 57.4% net growth, turnover 1.35%
Severity inferred from the FDD text · not a regulatory classification
What are you signing up for?
Ongoing fees run about 9.0% of sales (royalty + ad fund), before rent and labor.
Source: FDD 2025 · 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 | Household count |
| Protected territory | Yes |
| Online sales rights | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Required |
| Non-compete (years)ℹ | 2 years |
| Right of first refusalℹ | Yes |
| Termination notice | 30 days |
| Mandatory arbitration | Yes |
| Jury trial waiver | Yes |
| Governing law | Arizona |
| Litigation count | 2 |
View Item 3 litigation summary
0 case reference(s): 0 pending, 5 settled.
Items 10, 11
Training & Operations
- Classroom training
- 49 hrs
- On-the-job training
- 46 hrs
- Training location
- On-site and franchisor location
- POS system
- Better Software (BPro)
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: Better Software (BPro)
Item 20 · call current owners
Franchisee Contacts
55 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
Shine · FDD (2025) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a Shine franchise?
The total investment to open a Shine franchise ranges from $142K – $189K, with an initial franchise fee of $50K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do Shine franchise owners earn?
According to Item 19 of the Shine FDD, the average gross sales per unit is $542K. The median is $397K. Note: this is gross revenue, not profit. Actual owner earnings vary based on location, operating costs, and management.
What is Shine's franchise failure rate?
Based on SBA 7(a) loan data, Shine has a charge-off rate of 0.0% across 21 loans, meaning 0.0% 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 Shine franchise locations are there?
As of their most recent FDD filing, Shine has 74 total units in the United States, including 74 franchised units and 0 company-owned units. 20 new units were opened in the latest reporting year.
Is Shine a good franchise to buy?
FranchiseVerdict rates Shine as a A-grade franchise with a verdict score of 78 out of 100 (higher is better), 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.
For franchisors
Are you the franchisor?
If you represent Shine, you can request corrections or provide updated information.
Other Cleaning & Maintenance franchises
Compare similar franchise opportunities in the Cleaning & Maintenance category
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.