Best

Top 10 Beauty & Fashion Franchises

Best Beauty & Fashion Franchises - April 2017

UPWARD
TREND
DOWNWARD
TREND
NO
CHANGE
 
 

Rank

Company Name

Industry

Franchising
Since

Franchise
Units

Cash
Investment

Total
Investment

Royalty
Fee

Financing
Available

Growth Prospect

Marketing Support

Training

Ongoing Support

Value

Overall Score

0
100
 
G
VG
E
 

Change in Rank

Leaders

1

MY SALON Suite

Metairie, LA

Collen O'Brien
317-849-1648
More info

Visit Website

2012

31

$150,000

$503,500 - $869,500

5.5%

Yes

 

100

 

100

 

100

 

100

 

100

100%
Increased +8

+8

 

2

Waxing the City®

Hastings, MN

Charles Runyon
970-443-0388
More info

Visit Website

2003

38

$80,000

$116,800

5%

Yes

 

100

 

99

 

100

 

99

 

98

99.2%
Increased +4

+4

 

3

Phenix Salon Suites Franchising LLC

Colorado Springs, CO

Jason Rivera
719-785-4858
More info

Visit Website

2007

76

$50,000

$277,450 - $921,700

$750-1.3K/Month

Yes

 

98

 

99

 

100

 

98

 

99

98.8%
Decreased -2

-2

 
Strong Performers

4

Massage Luxe

Fenton, MO

Fred Harms
636-680-9013
More info

Visit Website

2008

15

$38K

$195.5 - 371.8K

5%

Yes

 

100

 

97

 

100

 

96

 

97

98%
Decreased -1

-1

 

5

Fabulous Frocks

Charleston, SC

Sarah Black
843-754-1855
More info

Visit Website

2008

68

$30,000

$47.7 - 112.5K

4-2.5%

Yes

 

96

 

98

 

97

 

99

 

96

97.2%
Decreased -1

-1

 
Contenders

7

Cost Cutters Family Hair Care

Torrington, CT

Colin Graves
860-482-0681
More info

Visit Website

1982

704

$150,000

$88,500 - $182,100

6%

Yes

 

95

 

97

 

94

 

95

 

95

95.2%
Decreased -2

-2

 

8

Fleet Feet

Carrboro, NC

Tom Raynor
919-942-3102
More info

Visit Website

1976

128

$35K

$173 - 335K

4%

Yes

 

95

 

94

 

93

 

95

 

95

94.4%

NC

 

9

spa810

Scottsdale, AZ

Timothy Reilly
602-799-3481
More info

Visit Website

2006

2

$45K

$250.8 - 600.99K

6%

Yes

 

93

 

94

 

94

 

93

 

93

93.4%
Decreased -2

-2

 

10

Clothes Mentor

Burnsville, Minnesota

Ron G. Olson
952-953-3835
More info

Visit Website

2001

115

$50,000 - $75,000

$163,000 - $258,000

4%

Yes

 

93

 

94

 

92

 

91

 

92

92.4%
Decreased -8

-8

 
Evaluation Criteria: Best Beauty & Fashion Franchises
Growth Prospect

One of our core aspects of evaluation is determining a particular franchise’s ability to grow over time and how that affects both presently established and newly established businesses. It is important for interested franchisees to select a franchise which has a large potential for growth and expansion over time based on a strong historical performance and a franchise’s ability to ensure long-term growth strategies.

Marketing Support

Having the backing of the franchisor in terms of marketing and advertising can be a strong plus for many aspiring franchisors looking to start a beauty and fashion franchise. It is important to get the word out to as much of the target audience as possible in order to both let people know about the location of the franchise and to inform potential customers of the products and services being offered pertaining to them.

Training

Beauty and fashion franchises often require properly trained and experienced hair stylists and other professionals in order to make the business work. It is important for franchisors to provide their franchisees with access to resources for training and information. Many businesses require individuals which have gone through specialized training and education from a licensed school or training program to operate.

Ongoing Support

In addition to the marketing support which beauty franchises receive it is important to have ongoing support in the form of communication and assistance from the franchisor. Over time, it may be important to obtain assistance in better understanding new legal requirements, how to adapt to changing times, and what types of trends are being seen within the industry in order to adapt to new changes.

Value

During our examination of beauty and fashion franchises, we compare the financial performance of the franchise over time with the level of brand recognition achieved over time. It is important for the franchise to both achieve enough of a profit to be able to grow and expand the business and build enough of a following that introducing the business into new markets will be possible through word of mouth.

 
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