Good Morning Wolf Pack,

Today's newsletter highlights Tint World, an auto styling franchise that just crossed $100 million in system revenue and brought in its first institutional investor.

Enjoy!

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FRANCHISE OF THE WEEK

Tint World

Fast Facts

Background

• HQ: Boca Raton, Florida

• Founded in 1982, began franchising in 2007

• Tint World is an automotive styling franchise that sells window tinting, paint protection film, ceramic coatings, detailing, and mobile electronics from one storefront.

Location Trends, But In Words

Started as one shop in Tamarac, Florida back in 1982, took until 2007 to hit 9 stores (all of which went franchised that year), then floored it. Store #25 by 2010, 100 franchises across North America by 2018, and now 150+ locations spread over four countries. 10 new stores opened in 2025, with 56 more in the development pipeline heading into this year. Not bad for a guy who just wanted to tint some windows.

Franchise Fees

• Royalty: 6% of gross revenue

• Brand Fund: 2% of gross sales

• Franchise Fee: $49,950 (discounted multi-store packages available)

Financial Overview

• Krokit is apparently getting its windows tinted this week, because I can't see a thing in there. So once again, you're getting the numbers the old-fashioned way, with a slightly unhinged amount of emojis.

THE NUMBERS KROKIT WOULD SHOW YOU

• Investment Range: $240K–$450K 🚗🚗🚗🚗

• Average Revenue: ~$743K 🚗🚗🚗🚗🚗🚗🚗🚗🚗

• 💰 Wolf's Unofficial Profit Potential: solid, with a significant gap between the good and the great. Stores in the top half of the system averaged just over $1M in revenue and about $265K in EBITDA per the latest FDD, while the system-wide average runs a little over 2x the investment midpoint.

The Wolf's Take

I’ve covered Tint World a couple of times over the last 4 years, so it’s been pretty interesting seeing their growth trajectory.

People who love their cars will spend a good chunk of money on them, and this model catches that customer across a whole menu of services instead of betting the house on window film alone.

The 2025 FDD put all-store average revenue around $743K against an investment midpoint in the mid-$300Ks, which works out to roughly 2.1x. The top half of stores averaged over $1 million in the latest FDD.

That gap between the top and the rest is what I'd dig into, because it tells me operator skill and location matter a lot here. I also like seeing Susquehanna come in as the brand's first institutional money.

New capital usually comes with aggressive growth targets, though, so I'd ask current owners how that pressure feels on the ground.

It's a 40-year-old concept with continued momentum and solid economics for the price of entry.

Just make sure you're built to be a top-half operator before you sign.

Resources

• Tint World Franchise Opportunities

• Tint World Drives Strong Q1 2026 Franchise Development (PR Newswire)

• Tint World Announces Strategic Partnership with Susquehanna Growth Equity (Business Wire)

SMB TWEET OF THE WEEK

Being Your Genuine Self - itsmepspsps

Itsmepspsps summed up my favorite thing about meeting people.

I always say that everyone is their own unique puzzle of experiences and traumas, and there is no better honor than a person feeling safe enough around you to show all of their unfiltered weirdness.

This is just as true in the real world as it is in franchising.

WOLF BITES

• The first human vs. robot MMA fight is here 🥊

• New penguin species discovered for the first time in 100+ years 🐧

• Snorkel AI triples its valuation to $3.5B 💸

• Gap partners with a boy band for its new campaign 🎤

• New humanoid robot flinches in fear when you come close 🤖

• The biggest games of September land ahead of GTA 6 🎮

• Hurricane Polo fuels fears of landslides and flooding in Mexico’s southwest 🌊

• Chili’s ready to open more restaurants across the US after seeing a sales explosion 📈

That’s it for this edition of The Wolf Report. Feel free to reply with any questions or feedback. Thanks and see you next week!

— The Wolf