Shot of ArtFranchise Cost, Revenue & Review 2026
Data from FDD filing
FranchiseVerdict summary · 2026
A Shot of Art franchise requires a total initial investment of $137K – $330K, including a $49K franchise fee and an ongoing 6.0% royalty[2]. Per the 2025 FDD, average unit revenue was $700K[2]. Verdict grade: A. Run a live ROI scan →
Data last verified June 18, 2026 · figures per the 2025 FDD issuance
Overview
- Investment
- $137K – $330K
- 11th pct Recreation & …
- Avg gross sales
- $700K
- 11th pct Recreation & …
- Royalty
- 6.0%
- 6th pct Recreation & …
- Units
- 4
- 16th pct Recreation & …
- SBA default
- N/A
Quick verdict · Recreation & Entertainment · color = vs category peers
Green = >15% above Recreation & Entertainment 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
Started franchising in 2024. Newer systems carry more uncertainty but may offer better territories.
The franchisor's auditor raised doubt about continued operations. This is a serious risk signal.
71% cash-on-cash return (based on P&L Bottom Line). Above the 20% threshold most investors target.
Bottom line
- Total investment $137K – $330K including a $49K franchise fee, 6.0% ongoing royalty.
- Average unit revenue of $700K/year, with an estimated 71% cash-on-cash return (based on P&L Bottom Line).
- Verdict A (Top Quintile) with a risk score of 48/100.
- Auditor disclosed a going-concern note, which flagged doubt about the franchisor's ability to continue operations. Verify against the latest FDD.
Item 1 · who you're contracting with
The Franchisor
- Legal entity
- Shot of Art Franchise LLC
- Incorporated in
- DE
- HQ
- 801 Mateo Street, Unit B, Los Angeles, CA 90021
- Auditor
- Kezos & Dunlavy
- Audited financials
- Franchisor revenue
- $0
- Most recent fiscal year
- ⚠ Going-concern note
- Disclosed in FDD 2025
- Auditor flagged doubt about continued operations. Verify against the latest FDD before deciding.
Affiliated brands
- Shot of Art
Other brands the franchisor or its parent operates (Item 1).
Overview
About
Shot of Art franchisees operate experiential art studios offering group painting classes, typically in social/entertainment settings. Day-to-day operations include managing instructor schedules, coordinating group bookings, handling supplies/inventory, providing customer service, and marketing locally to drive recurring class attendance and private event bookings.
- CEO
- Ilya Kuzmin
- Headquarters
- CA
- Founded
- 2023
- FDD year
- 2025
- States available
- 4
FDD Item 7 · 2025 filing · 17 line items
Initial investment breakdown
| Line item | Low | High | |
|---|---|---|---|
| Initial Franchise Feenot refundable | $49K | $49K | |
| Territory Feenot refundable | $0 | $10K | |
| Furniture, Decor & Equipmentnot refundable | $28K | $61K | |
| Technology Feenot refundable | $750 | $2K | |
| 3 Months' Lease Payments | $12K | $30K | |
| Lease Deposit | $0 | $20K | |
| Leasehold Improvementsnot refundable | $5K | $35K | |
| Utility Deposits | $0 | $3K | |
| Signagenot refundable | $4K | $8K | |
| Licenses and Permitsnot refundable | $500 | $2K | |
| Insurancenot refundable | $800 | $2K | |
| Professional Feesnot refundable | $3K | $7K | |
| Architecture Fees & Permitsnot refundable | $0 | $8K | |
| Opening Startup Packagenot refundable | $18K | $28K | |
| Initial Training and Opening Assistance Expensesnot refundable | $500 | $3K | |
| Grand Opening Advertising Programnot refundable | $6K | $15K | |
| Additional Funds - 3 Monthsnot refundable | $10K | $50K | |
| Total initial investment | $137K | $330K |
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
$105K
15.0% margin
Unlevered ROIC
40%
EBITDA / total invested capital
Payback
30 mo
cash-on-cash, unlevered
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $137K – $330K
- Better than avg vs category
- Liquid capital req'd
- $10K – $50K
- Better than avg vs category
- Franchise fee
- $44K – $49K
- 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
- Payback period
- 1.4 yrs
- From FDD / Item 19
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 6.0% of gross sales |
| Marketing / ad fund | 2.0% of gross sales |
| Technology fee | $250 |
| Transfer fee | $20K |
| Renewal fee | $3K |
| Inventory (initial) | $18K – $28K |
| Total fee load | 8.0% of rev |
Financial Performance
- Avg gross sales
- $700K
- Per unit, per year
- Median gross sales
- N/A
- Avg p&l bottom line
- $166K
- Reported as P&L Bottom Line in FDD Item 19
- Cash-on-cash
- 70.9%
- Based on P&L Bottom Line / investment midpoint
- Item 19 type
- Affiliate performance
- Sample size
- 3 units
- vs category median 5
- Range (low → high)
- $566K→$834K
- Cohort dispersion (min → max)
- Transparency tier
- full
- Categorical assessment of disclosure depth
- Transparency
- 10 / 5
- vs category median 4 / 5 · above
Compared against 176 Recreation & Entertainment brands
vs Recreation & Entertainment averages
How Shot of Art Compares
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 4
- Opened
- 1
- Last reporting year
- Closed
- 0
- Turnover rate
- 0.0%
- Company-owned
- 4
- Corporate units in the system
- % franchised
- 0%
- vs corporate-owned
3-year detail · Item 20
- Opened (3yr)
- 0
- Closed (3yr)
- 0
- Terminated (3yr)
- 0
- Non-renewed (3yr)
- 0
- Transfers (3yr)
- 0
- Reacquired (3yr)
- 0
- Franchisor bought back
- Projected new
- 1
- Franchisor's next-year forecast
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 13 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
- Illinois
- Indiana
- Maryland
- Michigan
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.
No SBA loan data available for this brand.
Risk analysis
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Early-stage art franchise with minimal unit count, unverified financial claims, and limited franchisee reference availability presents moderate-to-high validation risk despite positive unit economics.
Litigation (Item 3)
0 case reference(s): 0 pending, 0 settled.
Largest disclosed settlement: $49,000
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · Kezos & Dunlavy⚠ Going-concern note flagged
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 48 / 100 rating
- 01MEDOnly 4 existing units with unknown growth trajectory suggests early-stage/stagnant system with limited proven scalability
- 02MEDNo Item 19 financial performance representations disclosed despite $736K average revenue claim — cannot independently verify earnings
- 03MINORHigh initial investment range ($137K-$330K) relative to only 4 franchisees limits reference pool and increases validation difficulty
- 04MINOR5-year term is relatively short and may indicate franchisor uncertainty or franchisee concerns about long-term viability
- 05MINORFranchise fee ($49K) represents 36-64% of low-end investment, creating significant sunk cost before operations begin
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 | 5 years |
|---|---|
| Renewal term | 5 years |
| Allowed renewalsℹ | 5 |
| Territory type | Population/Zip Code |
| Protected territory | Yes |
| Territory population | 200,000 |
| 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 |
| RoFR response window | 30 days |
| Termination notice | 30 days |
| Curable defaultsℹ | 4 |
| Mandatory arbitration | Yes |
| Jury trial waiver | Yes |
| Governing law | Delaware |
| Litigation count | 0 |
View Item 3 litigation summary
0 case reference(s): 0 pending, 0 settled.
Items 10, 11
Training & Operations
- Classroom training
- 11 hrs
- On-the-job training
- 24 hrs
- Training location
- franchisor facility and on-site
- Site selection
- joint
- Franchisor financing
- Offered
- Item 10
- POS system
- approved POS software
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: approved POS software
Item 20 · call current owners
Franchisee Contacts
13 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
Shot of Art · FDD (2025) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a Shot of Art franchise?
The total investment to open a Shot of Art franchise ranges from $137K – $330K, with an initial franchise fee of $49K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do Shot of Art franchise owners earn?
According to Item 19 of the Shot of Art FDD, the average gross sales per unit is $700K. Note: this is gross revenue, not profit. Actual owner earnings vary based on location, operating costs, and management.
What is Shot of Art's franchise failure rate?
SBA 7(a) loan charge-off data is not available for Shot of Art (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 Shot of Art franchise locations are there?
As of their most recent FDD filing, Shot of Art has 4 total units in the United States, including 0 franchised units and 4 company-owned units. 1 new units were opened in the latest reporting year.
Is Shot of Art a good franchise to buy?
FranchiseVerdict rates Shot of Art as a A-grade franchise with a risk score of 48 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.