THE TEN SPOT
The Ten Spot offers franchises for beauty bars and grooming boutiques specializing in manicures, pedicures, facial treatments, body waxing, and other authorized grooming services, along with the retail sale of designated beauty and grooming-related products. The business model involves single-unit franchises or multi-unit development agreements under the proprietary THE TEN SPOT system, with initial investments of $377,500 to $530,000 per unit. They target the general public in the mature and highly competitive salon, spa, and grooming industry, with sales potentially seasonal in areas with distinct seasons.
Franchise Costs
6% royalty + 2% brand fund + $375/mo technology fee
Financial Performance
Item 19 Financial Performance
Data Based On: three franchised Beauty Bars that were open in the United States during the period from May 1, 2023 to April 30, 2024
* Average Annual Gross Sales and Median Gross Sales were taken directly from TABLE NO. 2. Monthly gross sales from TABLE NO. 1 were summed for each of the three bars: Bar 1: $553,790, Bar 2: $487,671, Bar 3: $439,634. The calculated average ($493,698.33) and median ($487,671) from these sums were very close to the reported values ($493,699 and $487,672 respectively), with minor discrepancies likely due to rounding in the original document. Profitability metrics (net income, net profit, EBITDA) could not be extracted or estimated as Note 6 explicitly states that costs and expenses were not included in the representation.
Extracted Item 19 Section
How THE TEN SPOT Compares
| Franchise | Investment | Fee | Royalty | Locations |
|---|---|---|---|---|
THE TEN SPOT Current | $335K – $524K | $50K | 6.0% | 3 |
| SPORTS CLIPS (SINGLE UNIT) | $289K – $475K | $30K | 6.0% | 1,754 |
| SUPERCUTS | $186K – $323K | $40K | 6.0% | 1,701 |
| DaVi Nails and Em Lash Studio | $61K – $144K | $65K | N/A | 400 |
| PALM BEACH TAN | $648K – $1.1M | $30K | 6.0% | 397 |
| DAVI NAILS | $57K – $125K | $65K | 0.0% | 387 |
Beauty & Spa Services Average 49 franchises | $411K – $755K | $48K | 6.2% | – |
* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 49 Beauty & Spa Services franchises by location count.
Locations & Growth
Outlet Growth Over Time
Total outlets at end of each year
Geographic Distribution (2024)
Outlets by state across the United States
SBA Loan History
Historical SBA 7(a) loan data for THE TEN SPOT franchisees (2021 – 2024)
Loans by Year
SBA 7(a) loan activity over time
* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.
Franchisee Contacts
4 franchisee contacts on file from official FDD filings.
| Name | SBA Loan |
|---|---|
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
4 Contacts Available
Unlock all THE TEN SPOT franchisee contacts with verified contact information
Due Diligence
Litigation (Item 3)
Bankruptcy (Item 4)
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
Frequently Asked Questions
The total initial investment to open a THE TEN SPOT franchise ranges from $335,000 to $524,000. This includes a franchise fee of $50,000. Ongoing royalty fees are 6.0% of gross sales.
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