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Entrepreneur: Start & Grow Your Business

Top of the Line Fragrances

Retail discount cosmetics & fragrances

Background

Founded: 1983 Franchising since: 1987
Long Branch, New Jersey-based Top of the Line Cosmetics and Fragrances was founded in 1983. Franchise opportunities are available in the Caribbean as well as the U.S.
515 Bath Ave.
Long Branch, New jersey 07740
Phone:
(732)229-0014


Franchisor has 9 employee(s); 6 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2006 5 0 0 2
2005 3 0 0 1

Where Seeking Franchisees

Exclusive territories available.
Territory size: Varies

Costs and Fees

Total investment: $164.8K-237.8K
Franchise fee: $20K
Ongoing royalty fee: 5%
Term of agreement: 10 years, renewable
Express/kiosk option available

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: $200K
Cash liquidity requirement: $100K
Business Experience:
  • General business experience

Operations
  • 50% of all franchisees own more than one unit
  • Number of employees needed to run franchised unit: 5
  • Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)

Training and Support

Training
  • At franchisee's location: 7-10 days

Ongoing Support
  • Toll-free phone line
  • Grand opening
  • Field operations/evaluations

Marketing Support
  • Ad slicks