The Fashion ClassFranchise Cost, Revenue & Review 2026
Data from FDD filing + SBA 7(a) records
FranchiseVerdict summary · 2026
A The Fashion Class franchise requires a total initial investment of $188K – $325K, including a $60K franchise fee and an ongoing 8.0% royalty[2]. Per the 2026 FDD, average unit revenue was $1.1M[2]. Verdict grade: A. Run a live ROI scan →
Data last verified June 18, 2026 · figures per the 2026 FDD issuance
Overview
- Investment
- $188K – $325K
- 18th pct Personal Care…
- Avg gross sales
- $1.1M
- 29th pct Personal Care…
- Royalty
- 8.0%
- 32nd pct Personal Care…
- Units
- 3
- 9th pct Personal Care…
- SBA default
- 0.0%
- system-wide median varies by category
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
Each dollar invested generates 4.1x in gross revenue, well above the typical 1.5-2.5x range.
Started franchising in 2023. Newer systems carry more uncertainty but may offer better territories.
Bottom line
- Total investment $188K – $325K including a $60K franchise fee, 8.0% ongoing royalty.
- Average unit revenue of $1.1M/year.
- Verdict A (Top Quintile) with a risk score of 19/100.
- Revenue data based on only 2 reporting units. Treat as directional, not definitive. Ask franchisees directly for current unit economics.
Item 1 · who you're contracting with
The Franchisor
- Legal entity
- The Fashion Class Franchise LLC
- Predecessor
- company
- Prior franchisor entity
- Incorporated in
- NJ
- HQ
- 673 Westwood Avenue, River Vale, New Jersey 07675
- Auditor
- Kezos & Dunlavy
- Audited financials
- Franchisor revenue
- $0
- vs $0 prior year
Affiliated brands
- Pattern and Play Holdings
Other brands the franchisor or its parent operates (Item 1).
Overview
About
The Fashion Class franchisees operate fashion education/training studios, likely offering courses in design, styling, retail, or fashion entrepreneurship to consumer or professional audiences. Day-to-day operations include curriculum delivery, student enrollment management, instructor coordination, facility maintenance, and marketing to build a local student base.
- CEO
- Kerri Quigley
- Headquarters
- NJ
- Founded
- 2023
- FDD year
- 2026
- States available
- 2
FDD Item 7 · 2026 filing · 18 line items
Initial investment breakdown
| Line item | Low | High | |
|---|---|---|---|
| Initial Franchise Feenot refundable | $60K | $60K | |
| Your Training Expensesnot refundable | $2K | $5K | |
| Rent and Lease Security Deposit | $5K | $12K | |
| Project Managementnot refundable | $15K | $15K | |
| Architectnot refundable | $10K | $10K | |
| Utilitiesnot refundable | $500 | $1K | |
| Leasehold Improvementsnot refundable | $15K | $100K | |
| Furniture, Fixtures, Finishes, Decor, and Equipmentnot refundable | $40K | $50K | |
| Website Developmentnot refundable | $1K | $1K | |
| Insurancenot refundable | $2K | $5K | |
| Signagenot refundable | $5K | $10K | |
| Suppliesnot refundable | $7K | $8K | |
| Inventorynot refundable | $1K | $1K | |
| Grand Opening and Marketingnot refundable | $13K | $15K | |
| Licenses and Permitsnot refundable | $500 | $2K | |
| Dues and Subscriptionsnot refundable | $0 | $500 | |
| Professional Fees (lawyer, accountant, etc.)not refundable | $1K | $4K | |
| Additional Funds (for first 3 months)not refundable | $10K | $25K | |
| Total initial investment | $188K | $325K |
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
$221K
21.0% margin
Unlevered ROIC
81%
EBITDA / total invested capital
Payback
15 mo
cash-on-cash, unlevered
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $188K – $325K
- Better than avg vs category
- Liquid capital req'd
- $10K – $25K
- Better than avg vs category
- Franchise fee
- $60K – $60K
- Near category avg vs category
- Royalty
- 8.0%
- percentage_of_gross · typical 6–8%
- Ad fund
- 1.0%
- typical 3–5%
- Total fee load
- 9.0%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 8.0% of gross sales |
| Marketing / ad fund | 1.0% of gross sales |
| Technology fee | $450 |
| Transfer fee | $10K |
| Renewal fee | $5K |
| Inventory (initial) | $8K – $9K |
| Total fee load | 9.0% of rev |
Financial Performance
- Avg gross sales
- $1.1M
- Per unit, per year
- Median gross sales
- N/A
- Item 19 type
- Affiliate-owned outlets historical data
- Sample size
- 2 units
- vs category median 35 · small
- Transparency tier
- revenue_only
- Categorical assessment of disclosure depth
- Transparency
- 9 / 5
- vs category median 4 / 5 · above
Compared against 186 Personal Care & Beauty brands
Revenue is 4.1x the investment midpoint. At typical franchise margins, this suggests a payback under 3 years.
vs Personal Care & Beauty averages
How The Fashion Class Compares
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 3
- Opened
- 3
- Last reporting year
- Closed
- 0
- Turnover rate
- 0.0%
- Company-owned
- 0
- Corporate units in the system
- % franchised
- 100%
- vs corporate-owned
3-year detail · Item 20
- Transfers (3yr)
- 0
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.
Available to sell in · Item 12
- California
- Hawaii
- Minnesota
- North Dakota
- Rhode Island
- South Dakota
- Washington
States where the franchisor is registered to sell new franchises (FDD registration filings).
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA loan disclosures. This brand has only 1 7(a) loan on file; statistical reliability is limited below 10 loans.
- Total loans
- 1
- Loan volume
- $535K
- Median loan
- $535K
- 50th percentile
- 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
- 1
- Defaults
- 0
Explore lender portfolios on Bank Reports or regional data on State Reports.
Premium insight
SBA Lending Report
Deep-dive into The Fashion Class's SBA lending history: lender network, geographic footprint, interest rates, and more.
SBA Lending Report
- Principal loss rate and NAICS industry benchmark
- 1 lenders with concentration factor
- Per-state charge-off rates across 1 states
- Startup risk premium and job creation velocity
- 1-year lending trend
Instant access. No subscription.
Risk analysis
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Early-stage fashion education franchise with minimal unit count, absent financial disclosure, and franchisor stability concerns presents elevated risk despite positive unit-level economics.
Litigation (Item 3)
0 case reference(s): 3 pending, 0 settled.
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · Kezos & Dunlavy
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: Yes
Score breakdown · what drove the 19 / 100 rating
- 01MINOROnly 3 units in system with unknown growth trajectory indicates minimal scale and unproven replicability
- 02MEDNo Item 19 (Financial Performance Representations) disclosed despite $187k-$324k investment requirement raises transparency concerns
- 03HIGHGoing Concern = False suggests potential financial instability or undisclosed operational challenges at franchisor level
- 04MINORHigh royalty rate (8%) combined with moderate net margins (~20%) limits franchisee profitability cushion
- 05MINORMicro-franchise system (3 units) creates concentration risk and limits peer learning/support network
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 | 5 years |
| Allowed renewalsℹ | 2 |
| Territory type | Designated Territory |
| 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 | New Jersey |
| Litigation count | 0 |
View Item 3 litigation summary
0 case reference(s): 3 pending, 0 settled.
Items 10, 11
Training & Operations
- Classroom training
- 32 hrs
- On-the-job training
- 43 hrs
- Training location
- On-site and corporate
- POS system
- POS system
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: POS system
Item 20 · call current owners
Franchisee Contacts
19 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
The Fashion Class · FDD (2026) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a The Fashion Class franchise?
The total investment to open a The Fashion Class franchise ranges from $188K – $325K, 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 The Fashion Class franchise owners earn?
According to Item 19 of the The Fashion Class FDD, the average gross sales per unit is $1.1M. Note: this is gross revenue, not profit. Actual owner earnings vary based on location, operating costs, and management.
What is The Fashion Class's franchise failure rate?
SBA 7(a) loan charge-off data is not available for The Fashion Class (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 The Fashion Class franchise locations are there?
As of their most recent FDD filing, The Fashion Class has 3 total units in the United States, including 0 franchised units and 0 company-owned units. 3 new units were opened in the latest reporting year.
Is The Fashion Class a good franchise to buy?
FranchiseVerdict rates The Fashion Class as a A-grade franchise with a risk score of 19 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.