FranchiseVerdict
Twinkle Star Dance logo
FV-02819·STRONGExcellent86

Twinkle Star Dance

Health & FitnessFranchising since 2021Website
Investment
$112K – $175K
21st pct Health & Fitn…
Avg revenue
$609K
32nd pct Health & Fitn…
Royalty
5.0%
1st pct Health & Fitn…
Units
8
35th pct Health & Fitn…
SBA default

Bottom line

  • Total investment $112K – $175K including a $15K franchise fee, 5.0% ongoing royalty.
  • Average unit revenue of $609K/year.
  • Rated STRONG with a risk score of 50/100.
  • Auditor disclosed a going-concern note — 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
Twinkle Star Dance Franchise, LLC
Incorporated in
California
HQ
4046 East Avenue, Livermore, CA 94550
Auditor
REESE CPA LLC
Audited financials
Franchisor revenue
$130K
vs $115K prior year
⚠ Going-concern note
Disclosed in FDD 2025
Auditor flagged doubt about continued operations. Verify against the latest FDD before deciding.

Yale framework · single-unit ROIC

Returns Analysis

Pulls Item 7 (investment) and Item 19 (revenue) from this brand's FDD into the Yale unlevered-ROIC formula. Override any input to stress-test it against your own assumptions.

The model · Yale framework

What would one Twinkle Star Dance unit return on the cash you put in?

Revenue · per unit, per year
$
FDD Item 19 reports $609,315
Franchisor take · royalty + ad fund
Royaltytyp 68%
%
Ad fundtyp 35%
%
Operating costs · category default: fitness
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $112K–$175K
Working capital
$
FDD reports $25K–$50K

Unlevered ROIC · per unit

104%

Above typical band (30–60%)

0%30–60% Yale band80%
ROIC above 100% usually means the revenue figure is a system-wide aggregate or top-cohort number rather than a single-unit average. Verify the "Revenue · per unit" field against the brand's FDD Item 19 detail tables before relying on this output.

Store EBITDA · annual
$189K
EBITDA margin
31.0%
Total invested
$181K
Payback
11 mo
Unit-level only. A multi-unit portfolio gives up roughly 5–15% of this to shared services (corporate G&A) before reaching the ~10-unit break-even Yale describes.

Levered LBO scenario · Yale Crease Capital framing

What would 25 Twinkle Star Dance units return on equity?

Edit assumptions

Equity IRR · 5-yr

34.8%

4.45× MOIC

Year-1 DSCR

2.34×

EBITDA ÷ debt service

Equity required

$5.2M

on $14.6M purchase

Total debt

$9.4M

SBA $5.0M + senior + seller note

SBA 7(a) request ($7.3M) exceeds the $5M program cap. Excess capped automatically; backfill via conventional or equity.

Overview

About

Franchisees operate children's dance studios offering ballet, jazz, hip-hop, and contemporary classes to students ages 3-18. Day-to-day operations include scheduling instructors, managing student enrollment and retention, coordinating recitals/performances, maintaining studio facilities, and handling billing and customer service.

CEO
Tiffany Henderson
Founded
2020
FDD year
2025
States available
3

Item 7 · what it costs

The Vitals

Total investment
$112K – $175K
All-in to open one unit
Liquid capital
$25K – $50K
Cash you must have on hand
Franchise fee
$15K
Royalty
5.0%
Gross Revenues · typical 6–8%
Ad fund
2.0%
typical 3–5%
Total fee load
7.0%
vs 9–13% typical

Item 19

Financial Performance

Avg gross sales
$609K
Per unit, per year
Median gross sales
Item 19 type
Average and Individual Unit Revenues
Sample size
8 units
vs category median 12
Range (low → high)
$7K$2.4M
Cohort dispersion
Transparency
3 / 5
vs category median 4 / 5 · below
Revenue rank32th
vs Health & Fitness peers
Investment cost rank21th
Lower investment ranks lower (better)
Royalty rate rank1th
Lower royalty = lower percentile (better)
Unit count rank35th
vs Health & Fitness peers
Risk score rank16th
Lower risk = lower percentile (better)

Item 20 · unit dynamics

The Growth Chart

Total units
8
Opened
0
Last reporting year
Closed
0
Turnover rate
0.0%
Company-owned
5
Corporate units in the system
% franchised
38%
vs corporate-owned
Net growth (yr3)
+0.0%
Net unit change last year
3-yr CAGR
+0.0%
Compounded over last 3 years
2023
3±0
Franchised units
2024
3
Franchised units
2025
3
Franchised units

Year-over-year franchised unit counts and net change. Source: FDD Item 20.

Item 20 · 6 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).

AK
ME
VT
NH
MA
RI
CT
NY
NJ
PA
DE
MD
DC
WA
OR
CA
NV
ID
MT
WY
UT
CO
AZ
NM
ND
SD
NE
KS
OK
TX
MN
IA
MO
AR
LA
WI
IL
MS
TN
MI
IN
KY
AL
OH
WV
GA
VA
NC
SC
FL
HI
Registered · 6 states
Not registered

States derived from franchisee phone area codes (Item 20). Approximate — ported numbers may show the original state, not the franchisee's current location.

Government records

SBA Loan Data

Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.

No SBA loan data available for this brand.

FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17

Risk & Legal

50
Risk · 0-100
STRONG50 / 100

Early-stage dance franchise system with minimal transparency on profitability, negligible unit count, and undisclosed growth metrics creates meaningful investment uncertainty.

Score breakdown · what drove the 50 / 100 rating

  1. 01MEDNet income not disclosed in FDD Item 19 — unable to validate actual profitability or ROI claims
  2. 02MINOROnly 8 units system-wide with unknown growth trajectory — suggests early-stage or stagnant franchise system
  3. 03MINORHigh investment-to-revenue ratio ($111K-$175K investment against $609K avg revenue) indicates long payback period
  4. 04MINOR5% royalty on gross revenues (not net) means franchisees pay during unprofitable periods
  5. 05MINORNo growth data provided — cannot assess system expansion or franchisee unit growth performance
  6. 06MINORDance studio sector faces COVID-related volatility, seasonal revenue fluctuations, and high instructor turnover

Severity inferred from the FDD text · not a regulatory classification

FDD Items 5, 6, 12, 17 · continued from Risk & Legal

Contract & Territory Detail

Territory
Exclusive Territory
Protected territory
Yes
Initial term
10 years
Renewal term
10 years
Online sales rights
Restricted
Franchisor can compete
Yes
Hire a manager?
Allowed
Litigation count
0
Right of first refusal
Yes
Franchisor can buy back on resale
Mandatory arbitration
Yes
Jury trial waiver
Yes
Non-compete
2 yrs
Post-termination restriction
Owner-operator
Required
Governing law
California

Item 11

Training & Operations

Classroom training
40 hrs
On-the-job training
24 hrs
POS system
Studio Director System
Operating tech stack

Item 20

Franchisee Contacts

Phone numbers extracted directly from this brand's FDD Item 20. After purchase, you'll also receive a list of validation questions tailored to this brand.

Franchisee contacts

6 numbers

Locked
(727) 215-••••
Stephanie L. Valentine
FL
(401) 277-••••
Suite
RI
(972) 963-••••
Julie R. Dickens
TX

One-time purchase · CSV download · Validation questions included

FDD download

Twinkle Star Dance · FDD (2025) PDF

Single-page checkout · instant download · CSV export of contacts available separately above