Semi Absentee - Residual Income / Stability / Growing Industry

Semi Absentee - Residual Income  / Stability / Growing Industry
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Initial Fee: $49,750

Capital Req'd: $350,000

Semi Absentee - Residual Income / Stability / Growing Industry

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Startup Description

Beauty Suites - Can generate 6 figure income working 10 hrs/wk!

As a franchisee, you will lease salon studios to beauty professionals. The best part? No need to own real estate, no employees to manage and no requirement to on-site manage.

You lease your built out space of carefully designed suites to beauty professionals. You collect the rent and your beauty professionals get a private space to serve their clients. These spaces are specially designed with every amenity a beauty professional could want. The salon suites model generates a greater profit for the beauty professional than a typical salon revenue sharing arrangement. It also eliminates the constant stresses that come with working in crowded spaces along side other stylists. What this means for you is a steady flow of beauty professionals eagerly waiting to rent your space. In other words a win-win.

This franchise has developed and engineered a successful system that empowers franchisees to control and operate their business while allowing them flexibility to focus on their goals and the things that are important to them.

A successful beauty suites salon starts with having a great site. They put their years of experience to work in helping you find the ideal location. Their in-depth analysis of your local area & demographics, along with a complete financial analysis of your site before you sign a lease is a must.

They have been recognized by several organizations for their fresh and unique design along with their powerful and effective marketing. It is a breath of fresh air compared to so many other salon studio concepts. Their vision and build out design concepts have raised the bar in the industry.

Detailed Information

Facilities:
The build out process can be one of the more tedious parts of any new business. You get the benefit of their expert construction and design team. They work with you to make your salon ‘just right’, while providing you with the right planning and forecasting tools to allow you to have a successful opening.
Competition:
Most of their franchisees are not from the beauty industry. Their expertise in marketing and advertising really shines as you use their fine-tuned marketing plan to help your salon studios maintain maximum capacity. They work to keep your studios full to maximize revenues. They continue to work to create a waiting list of prospective beauty professionals so there is always a tenant on deck waiting to get in.
Explanation of Fees and Payments:
$350,000 cash required in addition to potential TI and 3rd party financing. Without financing, cash investment of $450,000 to $550,000 is required. Investment total varies by location.
Financing:
3rd party financing available to qualified applicants
Support & Training:
They are incredibly passionate about this business and they strongly believe that their success lies in coaching and empowering their franchisees on an ongoing basis. They believe personal development as beauty suites entrepreneurs will reflect in the success of the entire franchise.
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Startup Listed By:
Michael Tempesta

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