IDOLIZE

Franchise Information

Analyzed filing: NY · File #109192
FDD issued: Apr 21, 2023
FDD Issued: Apr 21, 2023
Extracted: Aug 1, 2026
Needs review family consensus fee low tie:family=nasaa:483861:2023-04-21|values=47500,49500|current=49500 family consensus investment low tie:family=nasaa:483861:2023-04-21|values=380704,381904|current=381904 family consensus investment high tie:family=nasaa:483861:2023-04-21|values=460303,462303|current=462303 family consensus auv tie:family=nasaa:483861:2023-04-21|values=423868,507424|current=423868
Franchisor Details
Name: IDOLIZE Franchising LLC
Parent: Sher Holdings, Inc.
Address: 8058 Corporate Center Drive, Suite 250, Charlotte, North Carolina 28226
Phone: 704-612-2255
Franchising Since: 2017
Industry & Qualifications
Industry
Beauty & Personal Care
Training
1 week
Veteran Discount
5.1%
Franchise Fee
$49,500
Royalty
6.0%
Ad Fund: 1.0%
Total Investment
$382K - $462K
Initial Term
10 years
Renewable
Outlet Information
Total Outlets (2022)
11
Franchised
5
Company-Owned
6
Opened (Last Year)
+2
Closed (Last Year)
-1
Churn Breakdown (Last Year)
Terminations
0
Non-Renewals
0
Ceased Ops
1
Transfers
0
Reacquired
0
Item 19 (Financial Performance)
Disclosed
AUV of $423,868 represents the 2022 average gross sales for 3 representative Aff...
Financial Performance (Item 19)
Avg Unit Volume (through Dec 2022)
$423,868
Median
$361,502
Highest
$639,251
Lowest
$270,853
Sample Size
3 units
Unit Economics
EBITDA
20.5%
Gross Margin
60.0%
COGS
31.7%
Avg Ticket
$16.55
Legal History
Litigation: None
Bankruptcy: None
Number File name Source State Filing Date Actions
123579 483861_Franchise__Idolize_EFDID__483861_Virginia_123579.pdf
Alternate source copy · newest filing
VA Apr 21, 2023
FDD issue date
Restricted
109192 483861_Franchise__Idolize_EFDID__483861_New York_109192.pdf
Canonical 2023 analysis · needs review
NY Apr 21, 2023
FDD issue date
Restricted
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