skoah®Franchise Cost, Revenue & Review 2026
Data from FDD filing + SBA 7(a) records
FranchiseVerdict summary · 2026
A skoah® franchise requires a total initial investment of $440K – $607K, including a $60K franchise fee and an ongoing 6.0% royalty[2]. Per the 2023 FDD, average unit revenue was $519K[2]. Verdict grade: F. Run a live ROI scan →
Data last verified June 18, 2026 · figures per the 2023 FDD issuance
Overview
- Investment
- $440K – $607K
- 61st pct Healthcare
- Avg gross sales
- $519K
- 13th pct Healthcare
- Royalty
- 6.0%
- 14th pct Healthcare
- Units
- 2
- 5th pct Healthcare
- SBA default
- N/A
Quick verdict · Healthcare · color = vs category peers
Green = >15% above Healthcare 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 contracted 33% year-over-year. Investigate why units are closing.
The franchisor's auditor raised doubt about continued operations. This is a serious risk signal.
Bottom line
- Total investment $440K – $607K including a $60K franchise fee, 6.0% ongoing royalty.
- Average unit revenue of $519K/year.
- Verdict F (Bottom Quintile) with a risk score of 100/100.
- 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
- Skoah Franchise, LLC
- Parent company
- FW-SKO Holdings, LLC
- Ultimate parent
- Franworth, LLC
- CEO title
- Manager (CEO and President of parent entity The Lash Franchise Holdings, LLC)
- Meg Roberts
- Incorporated in
- DE
- HQ
- 106 East Liberty St. Suite 310, Ann Arbor, MI 48109
- Auditor
- DoerenMayhew
- Audited financials
- Franchisor revenue
- $50K
- vs $68K prior year
- Management churn noted
- Frequent turnover
- Item 2 disclosed frequent executive changes
- ⚠ Going-concern note
- Disclosed in FDD 2023
- Status as of 2023; may have been resolved in a later filing we don't yet have.
Overview
About
Skoah operates premium skincare/wellness retail locations, likely offering facials, treatments, skincare products, and spa services. Franchisees manage day-to-day operations including client booking, treatment delivery, retail sales, and staff management in upscale aesthetic/wellness environments.
- CEO
- Meg Roberts
- Headquarters
- MI
- Founded
- 2019
- FDD year
- 2023
- States available
- 3
FDD Item 7 · 2023 filing · 20 line items
Initial investment breakdown
| Line item | Low | High | |
|---|---|---|---|
| Initial Franchise Fee | $60K | $60K | |
| Lease Payment (first 3 months) | $11K | $24K | |
| Security Deposits | $5K | $10K | |
| Leasehold Improvements | $154K | $206K | |
| Furniture, Fixtures, Decor, and Equipment | $108K | $139K | |
| Facial Shop Layout, Architect, Engineer, Drawings, and Permits | $14K | $20K | |
| Construction Management | $0 | $20K | |
| Initial Supplies | $5K | $7K | |
| Outdoor Signage & Interior Signage | $8K | $18K | |
| Point of Sale (POS) Register, Hardware, Software | $11K | $13K | |
| Initial Inventory Package | $18K | $25K | |
| Pre-opening training expenses | $8K | $12K | |
| Telephone and Utility Deposits and Expenses | $250 | $500 | |
| Grand Opening Marketing | $1K | $2K | |
| Business Licenses, Permits, etc. (first year) | $200 | $1K | |
| Insurance Deposits and Premiums (first three months) | $2K | $2K | |
| Professional Fees (first year) | $1K | $3K | |
| Additional Funds (first three months) | $35K | $45K | |
| Development Fee (Multi-Unit 2-Pack) | $110K | $110K | |
| Development Fee (Multi-Unit 3-Pack) | $135K | $135K | |
| Total initial investment | $685K | $852K |
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
$88K
17.0% margin
Unlevered ROIC
16%
EBITDA / total invested capital
Payback
6.4 yrs
cash-on-cash, unlevered
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $440K – $607K
- Near category avg vs category
- Liquid capital req'd
- $35K – $45K
- Near category avg vs category
- Franchise fee
- $60K – $60K
- Near category avg vs category
- Royalty
- 6.0%
- percentage_of_gross · 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 | $175 |
| Training fee | $300 |
| Transfer fee | $5K |
| Renewal fee | $3K |
| Total fee load | 8.0% of rev |
Financial Performance
- Avg gross sales
- $519K
- Per unit, per year
- Median gross sales
- N/A
- Item 19 type
- Average Revenue of Mature Locations
- Sample size
- 2 units
- vs category median 12 · small
- Range (low → high)
- $482K→$555K
- Cohort dispersion (min → max)
- Transparency
- 6 / 5
- vs category median 4 / 5 · above
Compared against 201 Healthcare brands
Revenue is only 1.0x the investment. This means each unit may take 5+ years to recoup the initial outlay at typical margins.
vs Healthcare averages
How skoah® Compares
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 2
- Opened
- 0
- Last reporting year
- Closed
- 1
- Terminated
- 0
- Franchisor ended the franchise (per Item 20)
- Non-renewed
- 0
- Term expired, not renewed (per Item 20)
- Turnover rate
- 50.0%
- Company-owned
- 0
- Corporate units in the system
- % franchised
- 100%
- vs corporate-owned
- Multi-unit owners
- 1.0%
- Net growth (yr3)
- -33.3%
- Net unit change last year
- 3-yr CAGR
- +0.0%
- Compounded over last 3 years
3-year detail · Item 20
- Transfers (3yr)
- 0
- Projected new
- 3
- Franchisor's next-year forecast
- Continuity rate
- 100.0%
- Units that stayed open
- Ceased ops
- 50.0%
- Units that stopped operating
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 16 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 loan disclosures. This brand has only 2 7(a) loans on file; statistical reliability is limited below 10 loans.
- Total loans
- 2
- Loan volume
- $1.1M
- Median loan
- $555K
- 50th percentile
- Charge-off rate
- N/A
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
- 2
- Defaults
- 0
Explore lender portfolios on Bank Reports or regional data on State Reports.
Premium insight
SBA Lending Report
Deep-dive into skoah®'s SBA lending history: lender network, geographic footprint, interest rates, and more.
SBA Lending Report
- Principal loss rate and NAICS industry benchmark
- 2 lenders with concentration factor
- Per-state charge-off rates across 2 states
- Startup risk premium and job creation velocity
- 2-year lending trend
Instant access. No subscription.
Risk analysis
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Rapidly contracting franchise system with critical profitability data gaps and severe unit attrition makes this a high-risk investment requiring extensive third-party validation.
Litigation (Item 3)
No litigation or other dispute resolution is required to be disclosed
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · DoerenMayhew⚠ Going-concern note flagged
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Supplier relationship · Items 8 & 16
- Franchisor sells you products: Yes
- Kickbacks from required suppliers: Yes
- Must buy proprietary products: Yes
- Restricted to system-approved products: Yes
- Can negotiate own supplier terms: No
Score breakdown · what drove the 100 / 100 rating
- 01MINORUnit count collapsed 33.3% YoY (from 3 to 2 units) indicating severe system contraction or franchisee failure
- 02MEDNet income not disclosed in FDD Item 19 — impossible to validate profitability claims against $440k-$606k investment
- 03MEDHigh initial investment ($440k-$606k) paired with undisclosed net income creates unfavorable risk/reward profile
- 04MEDOnly 2 remaining franchise units suggests limited operational infrastructure and support capability
- 05MINOR6% royalty on $518k average revenue equals ~$31k annual royalty with unknown profitability baseline
- 06HIGHThin disclosure package (no litigation mentioned, but no financial performance data) raises transparency concerns
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 | 10 years |
|---|---|
| Renewal term | 10 years |
| Allowed renewalsℹ | 2 |
| Territory type | Radius |
| Protected territory | Yes |
| Territory radius | 5 mi |
| Territory population | 75,000 |
| Online sales rightsℹ | Granted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Required |
| Non-compete (years)ℹ | 2 years |
| Non-compete (miles)ℹ | 10 mi |
| Right of first refusalℹ | Yes |
| Transfer requires consent | Yes |
| Termination notice | 30 days |
| Mandatory arbitration | Yes |
| Arbitration location | franchisor principal place of business |
| Jury trial waiver | Yes |
| Governing law | Michigan |
| Litigation count | 0 |
View Item 3 litigation summary
No litigation or other dispute resolution is required to be disclosed
Items 10, 11
Training & Operations
- Classroom training
- 34 hrs
- On-the-job training
- 0 hrs
- Training location
- On-site and corporate
- POS system
- Intuit QuickBooks Online
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: Intuit QuickBooks Online
Item 20 · call current owners
Franchisee Contacts
20 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
skoah® · FDD (2023) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a skoah® franchise?
The total investment to open a skoah® franchise ranges from $440K – $607K, with an initial franchise fee of $60K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do skoah® franchise owners earn?
According to Item 19 of the skoah® FDD, the average gross sales per unit is $519K. Note: this is gross revenue, not profit. Actual owner earnings vary based on location, operating costs, and management.
What is skoah®'s franchise failure rate?
SBA 7(a) loan charge-off data is not available for skoah® (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 skoah® franchise locations are there?
As of their most recent FDD filing, skoah® has 2 total units in the United States, including 2 franchised units and 0 company-owned units.
Is skoah® a good franchise to buy?
FranchiseVerdict rates skoah® as a F-grade franchise with a risk score of 100 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.