The Ten Spot
The total investment to open a The Ten Spot franchise ranges from $335,000 to $524,000. The initial franchise fee is $50,000. Ongoing royalties are 6% plus a 2% advertising fee.
What is the The Ten Spot franchise?
The Ten Spot is a beauty salon offering nail care and other beauty services to customers. The estimated total initial investment is $335,000 to $524,000, and the initial franchise fee is $50,000.
The ongoing royalty is 6 percent, and the advertising or brand fund fee is 2 percent. The franchise agreement term is 10 years.
The Ten Spot was founded in 2006 and is headquartered in Toronto. Cost and fee figures are from the 2026 Franchise Disclosure Document.
Loan Activity Score
51/100
SBA Default Rate
0.0%
Active Lenders
5
According to its Franchise Disclosure Document or public business records, The Ten Spot has 5 locations, all owned by franchisees. Public SBA loan records show 5 lenders made 7 loans to franchisees of The Ten Spot. PeerSense calculates The Ten Spot's score as 51 out of 100, using public SBA loan performance and recent lending activity. Cost figures are based on the 2026 Franchise Disclosure Document.
Franchising since 2006 · 5 locations
$335,000 to $524,000
$50,000
5
5 franchised
Proprietary PeerSense metric
ModerateDistinct lenders in public SBA records for The Ten Spot
7
Total SBA loans
$360K
Average loan size
Source: public SBA 7(a) and 504 loan records through December 31, 2025
Referral fee at closing
SBA Lending Activity for The Ten Spot
Loan Activity Score Breakdown
Emerging (3 to 9 loans)
Are lenders increasingly or decreasingly funding this brand? Growing trends score highest.
Blended default rate (recent + all time) compared to NAICS sector peers.
Quality lenders actively backing this brand, with penalty for lender pullback.
FDD availability, Item 19 disclosure, and overall data completeness.
Geographic spread of SBA funded locations across states.
SBA Lending Performance
SBA Default Rate
0.0%
vs 10.8% peer avg
SBA Loans
7
Total Volume
$2.5M
Active Lenders
5
2 selective
States
5
vs. SBA Sector Average
SBA loan default rate vs. all franchises in the same NAICS sector, not limited to direct competitors
Key Highlights
Franchise Financing Resources
Data Insights
Key performance metrics for The Ten Spot based on SBA lending data
SBA Default Rate
0.0%
10.8% below peer avg
SBA Loan Volume
7 loans
Across 5 lenders
Lender Diversity
5 lenders
Avg 1.4 loans per lender
Investment Tier
Significant investment
$335,000 to $524,000 total
The Ten Spot: Deep SBA Data
Brand specific metrics derived directly from SBA 7(a) approval records: peak lending year, leading state, average loan size, and lender concentration. PeerSense computes these per brand so capital advisors and prospective franchisees can benchmark this opportunity against the rest of the franchise universe.
Peak SBA Year
2021
5 approvals. The best year on record for The Ten Spot.
Top SBA State
Texas
2 SBA financed The Ten Spot locations, the densest operator footprint.
Average Loan Size
$360K
Median $350K. Use as a sizing anchor when modeling your own The Ten Spot unit.
Lender Concentration
71.4%
Concentrated
Share of The Ten Spot approvals captured by the top 3 SBA lenders.
The Ten Spot's SBA lending pipeline peaked in 2021 (5 approvals). The last five fiscal years account for 100% of cumulative volume ($2.5M approved). Operator density is highest in Texas with 2 SBA financed locations. Average funded ticket sits at $360K, with the median at $350K. Lender mix is concentrated: the top three SBA lenders account for 71.4% of approvals. Credit decisions concentrate with a small group of incumbents.
Payment Estimator
Estimated Monthly Payment
$3,468
Principal & Interest only
Indicative only, as of October 1, 2026. Not a quote, commitment or offer of credit. Final pricing, leverage and terms are determined by the lender at underwriting, after full transaction materials are reviewed. PeerSense sources the file. The lender sets pricing. What these terms mean.
Locations
The Ten Spot, unit breakdown
Explore Funding for The Ten Spot
Our business financing consultants help connect you with the right lending partners. Referral fee paid at closing.
Or get an instant analysis
Scan Your Deal Instantly4 FDDs Available for The Ten Spot
Review franchise fees, investment ranges, royalties, Item 19 financial data, and year over year trends. Request complimentary access through your PeerSense funding advisor.
Page Review
Reviewed by Edward L. Freeman, Founder and Managing Director, PeerSense
- PeerSense is a capital advisory firm that places commercial financing with direct capital sources; it does not lend, fund, or approve loans, and the capital source sets final terms.
- Edward L. Freeman founded PeerSense in January 2020.
- He is a Registered Franchise Consultant with Business Alliance, Inc., a credential issued in March 2022, and worked as a franchise consultant there from March 2022 to May 2023.
- His recorded experience includes a $22 million SBA construction loan, with about $16 million funded on the deal.
- In the 12 months through September 30, 2026, PeerSense tracked 912 publicly announced financings with a disclosed size of $361.32 billion. PeerSense Capital Data Report · Methodology page
Last reviewed LinkedIn profileAbout Edward Freeman