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Beauty/SalonFull DisclosureItem 19: ✓ DisclosedQuality: 90/100

Heyday

Based on 2023 FDD · 6 filings in corpus

FranchiseIQ Score
87
A
Low Risk
Composite score based on SBA default rate, unit growth, disclosure quality & investment efficiency.
Full analysis unlocks:
✓ Cash-on-Cash return
✓ Payback period
✓ SBA default rate
✓ Red flags assessment
✓ Comparable franchises
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Total Investment Range$966K – $1.2M
MinMid: $1.1MMax

Key Metrics

Franchise Fee
$60K
Royalty Rate
7%
Ad Fund Rate
2%
Total Burden
9.0%
Royalty + ad fund
Units (2023)
7
Net Unit Growth
→ —
Year over year
Cash-on-Cash Return
27.4%
Annual estimated return
Payback Period
3.7 yrs
Break-even timeline
SBA Default Rate
0.0%
vs ~7.2% industry avg
Median Revenue
$2.3M
Item 19 disclosed
Premium Data

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SBA default rate, Risk Score, CoC%, investment benchmarks, and unit growth for Heyday.

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Estimated using sector-average margins. Actual franchise economics vary by location, operator, and market conditions.

Heyday vs. Beauty/Salon Average

MetricHeydayBeauty/Salon Avg
SBA Default Rate0.0%▲7.2%
Cash-on-Cash Return27.4%▲15.5%
Total Investment$1.1M$250K

Industry averages based on FranchiseIQ corpus benchmarks. ▲ = better than avg, ▼ = worse.

Compare

Heyday vs The Barbershop A Hair Salon for Men, LLCHeyday vs House of ColourHeyday vs Bellacures

Similar Franchises · Beauty/Salon

The Barbershop A Hair Salon for Men, LLC
Limited Data
$207K–$353K
House of Colour
Limited Data
$33K–$52K
Bellacures
Revenue Only
$320K–$650K
The Barbershop A Hair Salon for Men, LLC
$207K – $353K
House of Colour
$33K – $52K
Bellacures
$320K – $650K
The Great American Barbershop
$265K – $413K

Questions to Ask Before You Sign

5 data-driven questions every Heyday franchise buyer should ask.

  1. 1.What is Heyday's SBA default rate compared to its competitors?Learn more →
  2. 2.Does Heyday disclose Item 19 financial performance representations?Learn more →
  3. 3.What is the net unit growth trend over the past 3 years?Learn more →
  4. 4.What is the franchisee termination and transfer rate per Item 20?Learn more →
  5. 5.What do the FDD litigation disclosures (Item 3) reveal about franchisor legal history?Learn more →
Generate attorney questions for Heyday →Validation call guide →

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Data sourced from publicly filed Franchise Disclosure Documents (FDDs) submitted to state franchise regulators. SBA loan data from public SBA 7(a) records. Information reflects the most recent FDD filing in our database and may not reflect current terms. Always verify with the franchisor's current FDD before making any investment decision. Not legal or financial advice.