Five Star Bath Solutions

Item 7 outlines an initial investment of $162,000 to $333,500, including a $59,500 franchise fee, making entry mid-range for home services but scalable for operators with construction chops. Ongoing fees bite at 6% royalty plus 2.5% brand/ad fund, layered with $250 monthly call center, $1,100-$2,500 operations software, up to $250 accounting, and $300 bookkeeping—potentially 8-10% of sales in total outflows. Item 19 shines brightly: average gross revenue hits $1,947,044 with a median of $1,375,385 across disclosing units, suggesting top performers crush it while half land above $1.3M, implying solid 20-30% margins post-expenses for efficient franchisees leveraging the brand's residential focus.

System vitality shows 306 franchise and 3 corporate locations, with 14 terminations but 16 transfers signaling owner churn rather than collapse—common in hands-on services. SBA stats bolster appeal: 66 loans averaging $208,533 and just 4.5% default rate, far below industry averages, easing funding hurdles. Prospective buyers should dig into Item 20 for unit-level growth trends, validate local market saturation via real estate costs in Springville, UT territories, and audit vendor dependencies for those proprietary products to ensure the revenue tease converts to personal profit.