Cherry Blow Dry Bar

At a Glance

Products & Services: Blow-dry salon

Number of Locations: 3

Total Investment: $300K - $300K

Founded: 2008

Began Franchising: 2008

Franchise Units

Year U.S. Canadian International Company Owned
2014 3 0 0 0
2013 0 0 20 2
2012 0 0 23 2
2011 0 0 11 2
2010 0 0 2 2
Where Seeking Franchisees: Franchisor is seeking new franchise units in the following states:
Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Kansas, Kentucky, Louisiana, Massachusetts, Maine, Missouri, Mississippi, Montana, Midwest, Nebraska, North Carolina, North Dakota, Northeast, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South, South Carolina, South Dakota, Southeast, Southwest, Tennessee, Texas, Utah, Virginia, Vermont, West, Washington, Wisconsin, West Virginia, Wyoming.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $300,000
Franchise Fee: $35,000
Ongoing Royalty Fee: 7%
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Net Worth: $350,000
Liquid Cash Available: $100,000
Operations
Number of employees needed to run franchised unit: 8. Absentee ownership of franchise is allowed..

How This Franchise Supports Franchisees

Training: At franchisee's location: 1 week.
Ongoing Support: Newsletter, Meetings, Grand opening, Internet, Field operations/evaluations, Lease Negotiation
Marketing Support: Co-op advertising, National media, Regional advertising,