Frenchies Modern Nail Care
Manicure and pedicure studios- 2023 Franchise 500 Rank
-
N/RNot ranked last year
- Initial investment
-
$270K - $531K
- Units as of 2023
-
24 20% over 3 years
Company Overview
关于法国现代Nail Care
Industry | Personal-Care Businesses |
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Related Categories | Miscellaneous Personal-Care Businesses,Miscellaneous Services,Salon & Spa Services |
Founded | 2014 |
Parent Company | Frenchies LLC |
Leadership | Guy Coffey, Cofounder |
Corporate Address | 2679 W. Main St., #300 Littleton, CO 80120 |
Social | Facebook,Twitter,LinkedIn,Instagram |
Business Overview
Franchising Since | 2015(8 years) |
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# of employees at HQ | 6 |
Where seeking | 本公司是提供新经销商following US states: Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, District of Columbia, Delaware, Florida, Georgia, Iowa, Idaho, Kansas, Kentucky, Louisiana, Massachusetts, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, North Carolina, North Dakota, Nebraska, New Hampshire, New Jersey, New Mexico, Nevada, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Vermont, Wisconsin, West Virginia, Wyoming |
# of Units | 24(as of 2023) |
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Frenchies Modern Nail Care franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
Initial Franchise Fee |
$49,500 |
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Initial Investment |
$270,042 - $531,231 |
Net Worth Requirement |
$350,000 |
Cash Requirement |
$150,000 |
Veteran Incentives |
$5,000 off franchise fee |
Royalty Fee |
5.5% |
Ad Royalty Fee |
2% |
Term of Agreement |
10 years |
Is franchise term renewable? | Yes |
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
Third Party Financing | Frenchies Modern Nail Care has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll |
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Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
On-The-Job Training | 30-40 hours |
---|---|
Classroom Training | 40 hours |
Ongoing Support |
Purchasing Co-ops
Newsletter
Meetings & Conventions
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
|
Marketing Support |
Ad Templates
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App
|
Operations
Additional details about running this franchise.
Is absentee ownership allowed? | No |
---|---|
Can this franchise be run from home/mobile unit? |
No |
Can this franchise be run part time? |
No |
Are exclusive territories available? |
Yes |
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