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Boardroom franchise — is it worth it?

Beauty & personal care · FDD-based assessment · registered 2026

Low risk Growing network Item 19 disclosed

BOARDROOM is a beauty and personal care franchise with an initial investment ranging from $574,900 to $795,150.

Everything below is free, read straight off Boardroom's registered filing, with where the numbers land against beauty & personal care peers. Weighing Boardroom against other options? Get a free shortlist of franchises that fit your budget.

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Total initial investment
$574,900 – $795,150
Bottom quartile for beauty & personal care · median $429,500
Initial franchise fee
$50,000
FDD Item 5
Royalty
—
FDD Item 6
Item 19 earnings
$1,084,118
avg unit revenue, as disclosed
Litigation (Item 3)
None
none disclosed
Closure rate
0%
beauty & personal care median 1.8%
Outlet network
9 units
+3 last year

Figures above are as disclosed in Boardroom's most recent FDD (registered 2026). Source: Minnesota Dept. of Commerce — CARDS franchise registrations · filing 36955-202606-06 — check it yourself. See every other Minnesota-registered franchise.

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How much does a Boardroom franchise make?

Boardroom is one of the franchisors that answers this on the record: its most recent FDD makes an Item 19 financial performance representation — actual unit earnings figures, disclosed by the franchisor itself. The headline figure is $1,084,118 in average unit revenue — read it alongside what Item 19 says about which units it covers (often only mature or top-performing locations). See every beauty & personal care brand that discloses earnings in the Salon, beauty & personal care franchises with disclosed Item 19 earnings ranking.

Boardroom franchise profit vs. revenue

Revenue is not profit. An Item 19 almost always reports sales — what a location takes in — not what an owner keeps. Out of that number come the royalty, the ad fund, rent, payroll, supplies and debt service. No FDD tells you a Boardroom franchise's profit, because profit depends on your site, your rent and how you run it — so treat any "Boardroom franchise profit" figure quoted elsewhere as someone's estimate, not a disclosure.

Boardroom lawsuits & legal history (FDD Item 3)

Boardroom's most recently filed Franchise Disclosure Document (2026) discloses no litigation in Item 3. That is a real signal rather than a gap: the FTC Franchise Rule requires a franchisor to disclose material litigation involving itself, its predecessors, parents, affiliates and management, so an empty Item 3 in a current filing means there was nothing it was required to report. It is worth reading alongside the churn numbers — a system can have a clean Item 3 and still be losing franchisees, which is what Item 20 shows.

Boardroom closures & failure rate

Before you sign, Boardroom will hand you a list of current owners to call as references — and they choose who's on that list. It won't include the owners who quit, got bought out, or were forced out last year. The FDD does report that number, even though the reference list leaves those people off. Below is what Boardroom's most recent filing shows, and whether it's normal for a beauty & personal care of this kind.

The closest thing an FDD has to a failure rate is Item 20 — outlet openings, closures, terminations and non-renewals, reported by the franchisor. Boardroom's latest tables show a growing franchised network. Its franchised-outlet closure rate — closures, terminations and non-renewals against outlets — is 0%, against a beauty & personal care median of 1.8% — at or better than the category. Net franchised outlets moved +3 to 9 in the latest reported year.

Who owns Boardroom?

Boardroom's franchise is offered by KLPS, LLC — the franchisor named on the cover of its most recently filed Franchise Disclosure Document (2026), and the entity a franchisee actually signs with. That name comes straight off the filing at MN CARDS; it identifies the franchisor, not necessarily the ultimate parent company behind it.

Beauty & personal care franchises at a similar investment level

Anyone weighing Boardroom is really weighing it against the other brands their money could go into. These are the closest by total initial investment (FDD Item 7), each with its own FDD-based page.

Blonde Voyage Global$82,735 – $132,700Cherry Lash$462,585 – $587,500 · Item 19 disclosedBlushington$485,500 – $680,100Onyva$384,925 – $784,725 · Item 19 disclosedSKIN EXPERTS by Brentwood Spa$477,700 – $729,200 · Item 19 disclosedScissors + Scotch (Unit)$514,300 – $798,250 · Item 19 disclosedBuff City Soap$383,292 – $956,024 · Item 19 disclosedTownhouse Nail Salon$604,100 – $759,700Drybar$391,229 – $1,096,999 · Item 19 disclosedPureGlow$563,925 – $966,650 · Item 19 disclosedMiniLuxe Studios$557,629 – $989,790 · Item 19 disclosedHammer & Nails - Grooming for Men (Unit)$650,300 – $918,700 · Item 19 disclosed

Boardroom franchise — frequently asked

Who owns Boardroom — who is the franchisor?

Boardroom's most recently filed FDD (2026) names KLPS, LLC as the franchisor — the entity you would actually sign the franchise agreement with, as stated on the disclosure document itself. A registry filing names the franchisor, not necessarily its ultimate parent company.

How much does a Boardroom franchise cost?

Boardroom's most recently filed FDD (Item 7) puts the total estimated initial investment at $574,900 – $795,150, with an initial franchise fee of $50,000. That price is the franchisor's own estimate of what it takes to open, not a quote. Against beauty & personal care peers it sits in the bottom quartile (median $429,500).

How much profit does a Boardroom franchise make?

Boardroom discloses unit earnings in Item 19, but that figure is revenue — sales — not profit. Royalties, the ad fund, rent, payroll and supplies all come out of it, and no FDD discloses what an owner nets. Any Boardroom franchise profit number quoted elsewhere is an estimate. The headline figure Boardroom discloses is $1,084,118 in average unit revenue.

Does Boardroom disclose financial performance (Item 19)?

Yes — Boardroom reports unit-level earnings in Item 19. The headline figure is $1,084,118 in average unit revenue, as the franchisor states it.

Are there lawsuits against Boardroom?

No — Boardroom's most recently filed FDD (2026) discloses no litigation in Item 3. Franchisors must disclose material litigation involving themselves, their predecessors, parents, affiliates and management, so an empty Item 3 is a genuine signal rather than an omission.

Is Boardroom a good franchise to buy?

Nobody can answer that from Boardroom's numbers alone — it comes down to how its investment, earnings, litigation and franchisee churn stack up against beauty & personal care peers and against your own budget. Our read on this filing is low risk. Every figure behind that read is on this page for free. If you're comparing options, the free shortlist on this page matches you with 5–10 franchises that fit your budget and industry.

Just watching Boardroom?

Get a free email when something changes on Boardroom or beauty & personal care: a new FDD registration, a new lawsuit, an outlet count that shifts, or Item 19 earnings going from undisclosed to disclosed. Pulled straight from the same state registries this page is built on.

This report compiles and structures publicly filed Franchise Disclosure Document (FDD) data from state franchise registrations. It is not legal, financial, or investment advice, is not affiliated with or endorsed by any franchisor, and does not replace reading the full FDD or consulting a franchise attorney or accountant. All figures are as disclosed by the franchisor in its most recent registered FDD. Item 19 financial performance representations are made at the franchisor’s option and may be absent or limited.