Cherry Blow Dry Bar

At a Glance

Products & Services: Blow-dry salon

Number of Locations: 3

Total Investment: $300K - $300K

Founded: 2008

Began Franchising: 2008

Franchise Units

Year U.S. Canadian International Company Owned
2014 3 0 0 0
2013 0 0 20 2
2012 0 0 23 2
2011 0 0 11 2
2010 0 0 2 2
Where Seeking Franchisees: Franchisor is seeking new franchise units worldwide.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $300,000
Franchise Fee: $35,000
Ongoing Royalty Fee: 7%
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Net Worth: $350,000
Liquid Cash Available: $100,000
Operations
Number of employees needed to run franchised unit: 8. Absentee ownership of franchise is allowed..

How This Franchise Supports Franchisees

Training: At franchisee's location: 1 week.
Ongoing Support: Newsletter, Meetings, Grand opening, Internet, Field operations/evaluations, Lease Negotiation
Marketing Support: Co-op advertising, National media, Regional advertising,

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