SHUBH® BeautyFranchise Cost, Revenue & Review 2026
Data from FDD filing
FranchiseVerdict summary · 2026
A SHUBH® Beauty franchise requires a total initial investment of $80K – $185K, including a $10K franchise fee. The 2025 FDD does not disclose unit-level revenue (no Item 19). Verdict grade: A. Run a live ROI scan →
Data last verified June 21, 2026 · figures per the 2025 FDD issuance
Overview
- Investment
- $80K – $185K
- 5th pct Personal Care…
- Avg gross sales
- N/A
- 34th pct Personal Care…
- Royalty
- N/A
- Units
- 122
- 36th pct Personal Care…
- SBA default
- N/A
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 grew 17% year-over-year. Fast growth means demand, but can strain support.
Bottom line
- Total investment $80K – $185K including a $10K franchise fee.
- No Item 19 financial performance data disclosed. The franchisor chose not to publish revenue figures.
- Verdict A (Top Quintile) with a risk score of 44/100.
- Bankruptcy history disclosed in the FDD. Review Item 4 for details before proceeding.
Item 1 · who you're contracting with
The Franchisor
- Legal entity
- SHUBH FRANCHISE LLC
- Predecessor
- Shubh Franchise Inc
- Prior franchisor entity
- Incorporated in
- IL
- HQ
- 240 E. Lake Street, Suite 210, Addison, IL 60101
- Auditor
- Accutax Bizsolutions LLC
- Audited financials
- Franchisor revenue
- $1.2M
- vs $1.4M prior year
Affiliated brands
- will be dependent on the Master Lease between Walmart and our Affiliate
- would have no basis to enter into subleases
- have any control or influence over decisions Walmart makes
- Vrajhalie
- intend to offer franchises in any other line of business
- have offered franchises in any other line of business
Other brands the franchisor or its parent operates (Item 1).
Overview
About
SHUBH Beauty franchisees operate beauty/cosmetics retail or service locations, likely offering makeup, skincare, or beauty treatments. Day-to-day activities include customer service, product sales, inventory management, and staff supervision. The exact service model (salon, retail, consultation, or hybrid) is unclear without franchise disclosure documents.
- CEO
- Harmil Patel
- Headquarters
- IL
- FDD year
- 2025
- States available
- 21
FDD Item 7 · 2025 filing · 11 line items
Initial investment breakdown
| Line item | Low | High | |
|---|---|---|---|
| Initial Franchise Feenot refundable | $10K | $10K | |
| Furniture, Fixtures, Equipment, POS System and Inventory | $15K | $42K | |
| Rent (First three months)not refundable | $4K | $12K | |
| Non-Walmart Rental Security Deposit | $3K | $8K | |
| Walmart Security Deposit | $0 | $10K | |
| Non-Walmart Miscellaneous Deposits | $500 | $1K | |
| Build-Out | $15K | $50K | |
| Training Expenses | $1K | $3K | |
| Insurance | $3K | $5K | |
| Business advisors such as lawyers and accountants | $5K | $9K | |
| Additional Funds - 3 months | $25K | $35K | |
| Total initial investment | $80K | $185K |
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.
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $80K – $185K
- Better than avg vs category
- Liquid capital req'd
- $25K – $35K
- Better than avg vs category
- Franchise fee
- $8K – $10K
- Better than avg vs category
- Royalty
- $1,000 per month
- Ad fund
- 3.0%
- typical 3–5%
- Total fee load
- 3.0%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Marketing / ad fund | 3.0% of gross sales |
| Transfer fee | $5K |
| Renewal fee | $4K |
| Total fee load | 3.0% of rev |
Financial Performance
This franchisor did not disclose financial performance representations in Item 19, or our extractor could not parse them.
vs Personal Care & Beauty averages
How SHUBH® Beauty Compares
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 122
- Opened
- 20
- Last reporting year
- Closed
- 2
- Turnover rate
- 1.6%
- Company-owned
- 0
- Corporate units in the system
- % franchised
- 100%
- vs corporate-owned
- Net growth (yr3)
- +17.3%
- Net unit change last year
- 3-yr CAGR
- +37.1%
- Compounded over last 3 years
3-year detail · Item 20
- Transfers (3yr)
- 7
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.
No SBA loan data available for this brand.
Risk analysis
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
SHUBH Beauty presents elevated risk due to going concern status, undisclosed financials, litigation history, lack of territory protection, and unproven unit economics.
Litigation (Item 3)
10 case reference(s): 0 pending, 4 settled.
Largest disclosed settlement: $900,000
Bankruptcy (Item 4)
Disclosed in last 7 years
Bankruptcy Code; (b) obtained a discharge of its debts under the bankruptcy code; or (c) was a principal officer of a company or a general partner in a partnership that either filed as a debtor (or had filed against it) a petition to start an action under the U.S. Bankruptcy Code or that obtained a
Audited financials (Item 21)
Yes · Accutax Bizsolutions 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 44 / 100 rating
- 01HIGHGoing Concern status is FALSE — indicates potential financial instability at franchisor level
- 02MINORNo average revenue or net income disclosure (no Item 19) — impossible to validate ROI claims or profitability benchmarks
- 03HIGHSignificant litigation history including $900,000 settlement in 2024 — suggests operational or contractual disputes with franchisees
- 04MINORNo protected territory — direct competition risk from other SHUBH franchisees or franchisor-opened locations
- 05MEDHigh royalty burden ($1,000/month = $12,000 annually) relative to investment size without disclosed earnings data
- 06MEDModest unit growth (17.3% YoY) with only 122 total units — limited scale and network effects; growth may not be sustainable
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 | 2 |
| Protected territory | No |
| Online sales rights | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Required |
| Non-compete (years)ℹ | 1 year |
| Right of first refusalℹ | Yes |
| Termination notice | 30 days |
| Termination groundsℹ | 1 |
| Mandatory arbitration | Yes |
| Jury trial waiver | Yes |
| Governing law | Illinois |
| Litigation count | 3 |
View Item 3 litigation summary
10 case reference(s): 0 pending, 4 settled.
Items 10, 11
Training & Operations
- Classroom training
- 12 hrs
- On-the-job training
- 8 hrs
- Training location
- On-site and at franchisor location
- Franchisor financing
- Offered
- Item 10
Items 5 & 11
Franchisor Support
Item 20 · call current owners
Franchisee Contacts
56 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
SHUBH® Beauty · FDD (2025) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a SHUBH® Beauty franchise?
The total investment to open a SHUBH® Beauty franchise ranges from $80K – $185K, with an initial franchise fee of $10K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do SHUBH® Beauty franchise owners earn?
SHUBH® Beauty does not disclose average franchise owner earnings in their FDD Item 19. Not all franchisors are required to make financial performance representations. We recommend asking existing franchisees directly about their financial experience.
What is SHUBH® Beauty's franchise failure rate?
SBA 7(a) loan charge-off data is not available for SHUBH® Beauty (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 SHUBH® Beauty franchise locations are there?
As of their most recent FDD filing, SHUBH® Beauty has 122 total units in the United States, including 89 franchised units and 0 company-owned units. 20 new units were opened in the latest reporting year.
Is SHUBH® Beauty a good franchise to buy?
FranchiseVerdict rates SHUBH® Beauty as a A-grade franchise with a risk score of 44 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.
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.