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Best
Top 10 Beauty & Fashion Franchises
Key Facts For Amazing Lash Studio
-
- Franchising Since:
- 2010
-
- Franchise Units:
-
- Cash Investment:
-
- Total Investments:
- $175 - 340.5K
-
- Royalty Fee Rate:
-
- Financing Available:
-
- Website:
- www.amazinglashstudio.com
Key Facts For Seva Beauty
-
- Franchising Since:
- 2008
-
- Franchise Units:
- 100
-
- Cash Investment:
- $100,000
-
- Total Investments:
- $141,000 - $206,000
-
- Royalty Fee Rate:
- 6%
-
- Financing Available:
- Yes
-
- Website:
- www.sevabeautyfranchise.com
Key Facts For MassageLuXe
-
- Franchising Since:
- 2008
-
- Franchise Units:
- 15
-
- Cash Investment:
- $38K
-
- Total Investments:
- $195.5 - 371.8K
-
- Royalty Fee Rate:
- 5%
-
- Financing Available:
- 1
-
- Website:
- www.massageluxe.com
Key Facts For Boardroom Salon for Men,...
-
- Franchising Since:
- 2004
-
- Franchise Units:
- 6
-
- Cash Investment:
- $30K
-
- Total Investments:
- $244.7 - 424.4K
-
- Royalty Fee Rate:
- 6%
-
- Financing Available:
-
- Website:
- www.theboardroomsalon.com
Key Facts For Boardroom Salon for Men,...
-
- Franchising Since:
- 2004
-
- Franchise Units:
- 6
-
- Cash Investment:
- $30K
-
- Total Investments:
- $244.7 - 424.4K
-
- Royalty Fee Rate:
- 6%
-
- Financing Available:
-
- Website:
- www.theboardroomsalon.com
Key Facts For Bellano Jewelers
-
- Franchising Since:
- 2014
-
- Franchise Units:
- 214
-
- Cash Investment:
- $6,850.00
-
- Total Investments:
- $100K-900K
-
- Royalty Fee Rate:
- 11%
-
- Financing Available:
- 1
-
- Website:
- bellanofranchise.com
Key Facts For Uptown cheapskate
-
- Franchising Since:
- 2008
-
- Franchise Units:
- 42
-
- Cash Investment:
- $70,000
-
- Total Investments:
- $250K
-
- Royalty Fee Rate:
- 5%
-
- Financing Available:
- No
-
- Website:
- www.uptowncheapskate.com
Key Facts For Massage Envy Franchising,...
-
- Franchising Since:
- 2003
-
- Franchise Units:
-
- Cash Investment:
- $150,000; Net Worth of $500,000+
-
- Total Investments:
- $434,823-$1,030,500
-
- Royalty Fee Rate:
- 6%
-
- Financing Available:
- 1
-
- Website:
- www.massageenvy.com
Key Facts For Radiant Waxing
-
- Franchising Since:
- 2010
-
- Franchise Units:
- 6
-
- Cash Investment:
- $100,000
-
- Total Investments:
- $136,348 - $312,048
-
- Royalty Fee Rate:
- 6%
-
- Financing Available:
- No
-
- Website:
- radiantwaxing.com
Key Facts For style-encore.com
-
- Franchising Since:
- 2013
-
- Franchise Units:
- 15
-
- Cash Investment:
- $69,210 - $116,820
-
- Total Investments:
- $238,400 - $387,000
-
- Royalty Fee Rate:
- 5%
-
- Financing Available:
- No
-
- Website:
- www.style-encore.com
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.