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N Time Family Salons

Hair salons & hair-care products

Background

Founded: 2001 Franchising since: 2003
6850 US Hwy. 90, #4
Daphne, Alabama 36526
Phone:
(251)634-5173


Franchisor has 6 employee(s); 4 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2005 1 0 0 2

Where Seeking Franchisees
In the U.S. Alabama, United states

Exclusive territories available.
Territory size: Shopping mall; shopping centers

Costs and Fees

Total investment: $48K-67.5K
Franchise fee: $10K
Ongoing royalty fee: 5%
Term of agreement: 10 years, renewable


Type of Financing Available
In-House Third Party
Franchise Fee No No
Startup Costs No No
Equipment No No
Inventory No No
Accounts Receivable No No
Payroll No No

Qualifications
Net worth requirement: $250K
Cash liquidity requirement: $15K
Business Experience:
  • General business experience

Operations
  • Number of employees needed to run franchised unit: 10
  • Absentee ownership of franchise is allowed.

Training and Support

Training
  • At franchisee's location: 2 weeks

Ongoing Support
  • Grand opening
  • Internet
  • Field operations/evaluations

Marketing Support
  • Regional advertising

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