Beauty Supply Outlet
Hair & beauty products; salon services- Units as of 2012
-
35 Previous years N/A
- 2021 Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$229K - $291K
Company Overview
About Beauty Supply Outlet
- Industry
- Personal-Care Businesses
- Related Categories
- Hair Care, Miscellaneous Retail Businesses
- Founded
- 1993
- Leadership
- Hugh Sawyer, CEO
- Ticker Symbol
- rgs
Franchising Overview
- Franchising Since
- 1996 (25 years)
- Where seeking
-
This company is seeking new franchisees in the following international regions: Canada
- # of Units
- 35 (as of 2012)
Information for Franchisees
Here’s what you need to know if you’re interested in opening a Beauty Supply Outlet franchise.
Financial Requirements & Ongoing Fees
Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
- Initial Franchise Fee
- $25,000
- Initial Investment
- $229,000 - $290,500
- Net Worth Requirement
- $300,000
- Cash Requirement
- $100,000
- Royalty Fee
- 4-6%
- Ad Royalty Fee
- 2%
- Term of Agreement
- 10 years
- Is franchise term renewable?
- Yes
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
- Third Party Financing
- Beauty Supply Outlet has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll
Operations
Additional details about running this franchise.
- Is absentee ownership allowed?
- No
- Can this franchise be run from home/mobile unit?
- No
- Can this franchise be run part time?
- No
- Are exclusive territories available?
- No
Franchise 500 Ranking History
Compare where Beauty Supply Outlet landed on this year’s Franchise 500 Ranking versus previous years.
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