The Boardroom Salon for Men
At a Glance
Products & Services: Men's grooming services & products
Number of Locations: 8
Total Investment: $241.95K - 456.5K
Founded: 2004
Began Franchising: 2007
Franchise Units
| Year | U.S. | Canadian | International | Company Owned |
| 2012 | 3 | 0 | 0 | 5 |
| 2011 | 3 | 0 | 0 | 3 |
| 2010 | 2 | 0 | 0 | 3 |
| 2009 | 2 | 0 | 0 | 3 |
Where Seeking Franchisees: Franchisor is seeking new franchise units throughout the U.S.
Startup Costs, Ongoing Fees and Financing
Total Investment: $241,950 - $456,500
Franchise Fee: $30,000
Ongoing Royalty Fee: 6%
Term of Franchise Agreement: 7 years, renewable
Franchise Fee: $30,000
Ongoing Royalty Fee: 6%
Term of Franchise Agreement: 7 years, renewable
Financial Requirements
Net Worth: $400,000
Liquid Cash Available: $125,000
Operations
Number of employees needed to run franchised unit: 6 - 20. Absentee ownership of franchise is allowed..| Financing Type | In-House | Third Party |
| Franchise Fee | ||
| Startup Costs | ||
| Equipment | ||
| Inventory | ||
| Accounts Receivable | ||
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How This Franchise Supports Franchisees
Training: Available at headquarters: 6 days. At franchisee's location: 2 days. Weekly conference calls from signing through 6 weeks after opening
Ongoing Support: Newsletter, Meetings, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives, Lease Negotiation
Marketing Support: Co-op advertising, Ad slicks,
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