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Entrepreneur: Start & Grow Your Business

The Boardroom Salon for Men

Men's grooming services & products

Background

Founded: 2004 Franchising since: 2007
556 Silicon Dr., #103
Southlake, Texas 76092
Phone:
(817)416-7575


Franchisor is a privately-held company with 3 employee(s); 3 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2009 2 0 0 3
2008 1 0 0 3
2007 0 0 0 2
2006 N/A N/A N/A 2
2005 N/A N/A N/A 1

Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming

Exclusive territories available.
Territory size: 3-mile radius

Costs and Fees

Total investment: $249.95K-453.7K
Franchise fee: $30K
Ongoing royalty fee: 6%
Term of agreement: 7 years, renewable


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

Qualifications
Net worth requirement: $400K
Cash liquidity requirement: $125K
Business Experience:
  • General business experience
  • Marketing skills
  • Management experience

Operations
  • Number of employees needed to run franchised unit: 6 - 20
  • Absentee ownership of franchise is allowed.

Training and Support

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

Marketing Support
  • Co-op advertising
  • Ad slicks