The Boardroom Salon for Men

At a Glance

Products & Services: Men's grooming services and products

Number of Locations: 16

Total Investment: $279.7K - $429.4K

Founded: 2004

Began Franchising: 2007

Franchise Units

Year U.S. Canadian International Company Owned
2014 10 0 0 6
2013 6 0 0 5
2012 3 0 0 5
2011 3 0 0 3
2010 2 0 0 3
Where Seeking Franchisees: Franchisor is seeking new franchise units throughout the U.S.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $279,650 - $429,400
Franchise Fee: $35,000
Ongoing Royalty Fee: 6%
Term of Franchise Agreement: 7 years, renewable
Veteran Incentives: 10% off franchise fee
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..
Direct Capital
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

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,