No Mas Vello

At a Glance

Products & Services: Laser hair removal

Number of Locations: 1,307

Total Investment: $84.1K - $122K

Founded: 2007

Began Franchising: 2007

About No Mas Vello

Hair-removal chain No Mas Vello (translation: No More Hair) got its start in Spain in 2007, and began expanding in the US in 2011. No Mas Vello centers offer intense pulsed light (IPL) hair removal services for a flat rate.

Franchise Units

Year U.S. Canadian International Company Owned
2012 6 0 1,300 1
2011 3 0 1,215 1
Where Seeking Franchisees: Franchisor is seeking new franchise units worldwide.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $84,100 - $122,000
Franchise Fee: $39,000 - $49,000
Ongoing Royalty Fee: $700/mo.
Term of Franchise Agreement: 5 years, renewable
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: 5-10 days.
Ongoing Support: Newsletter, Meetings, Internet, Security/safety procedures, Field operations/evaluations
Marketing Support: Co-op advertising, National media, Regional advertising,

Franchise Ranking History

Franchise 500®: #139 (2012),
Top New: #1 (2012),
America's Top Global: #112 (2012),