Lemon Tree Your Family Hair Salon

Lemon Tree Your Family Hair Salon

Lemon Tree Your Family Hair Salon
Not Ranked

Initial Investment

LOW: $66,950
HIGH: $99,250

Change in Units

+2.6% +1 UNITS (1 Year)
-5.1% -2 UNITS (3 Years)

Promoted Opportunities

Company Profile

Founded

1974

Franchising Since

1976 (40 Years)

Corporate Address

400 Jericho Turnpike, #326 Jericho, NY 11753

CEO

Jonathan Shaw

About Lemon Tree Your Family Hair Salon

The Lemon Tree was founded in 1974 to provide family haircuts. When Joan M. Cable purchased her first salon in Bethpage, New York, this mother of three kept the salon open from 8 a.m. to 10 p.m. seven days a week.

Today, nearly 100 franchises offer services ranging from haircuts and styling to beard and mustache trim, updos, body waves, highlighting, coloring and permanents.

Financials

Financial Requirements

Initial Investment

$66,950 - $99,250

Net-worth Requirement

$100,000 - $200,000

Liquid Cash Requirement

$50,000 - $75,000

Ongoing Fees

Initial Franchise Fee

$15,000

Ongoing Royalty Fee

6%

Ad Royalty Fee

$115/wk.

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units in the following regions/states:
See List

Operations & Franchisor Support

Training Onsite: 1 week

Training at headquarters: 1 week

Additional Training: Additional training available

Ongoing Support
Purchasing Co-ops
Meetings
Toll-Free Line
Grand Opening
Field Operations

Marketing Support
Co-op Advertising
Ad Slicks
Regional Media
National Media

Absentee Ownership Allowed

Number of employees required to run: 5 - 10

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.

Updated: October 13th, 2015

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