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Seva Beauty

2014 Franchise 500
#354
At a Glance

Products & Services: Threading, eyelash extensions, waxing, spa services and products

Number of Locations: 82

Total Investment: $141K - $206K

Founded: 2008

Began Franchising: 2010

About Seva Beauty

Seva Beauty, franchising since 2010, takes it name from a Sanskrit word that means "to serve selflessly." Seva Beauty franchises offer beauty and spa services including facial hair threading and waxing, eyebrow tinting, eyelash extensions, body waxing and facials.

Franchise Units

Year U.S. Canadian International Company Owned
2014 78 0 0 4
2013 45 0 0 4
2012 20 0 0 4
2011 15 0 0 4
2010 7 0 0 4
Where Seeking Franchisees: Franchisor is seeking new franchise units worldwide.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $141,000 - $206,000
Franchise Fee: $39,000
Ongoing Royalty Fee: 6%
Term of Franchise Agreement: 5 years, renewable
Veteran Incentives: $5,000 off franchise fee
Financial Requirements
Net Worth: $250,000
Liquid Cash Available: $100,000 - $160,000
Operations
13% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 4. Absentee ownership of franchise is allowed. (53% of current franchisees are owner/operators).
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: 3 days. At franchisee's location: 1 day. Ongoing training for first 6 months in operation
Ongoing Support: Meetings, Grand opening, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
Marketing Support: Co-op advertising, National media, Regional advertising,

Franchise Ranking History

Franchise 500®: #354 (2014),
Fastest-Growing: #93 (2014),
Top New: #25 (2014),

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