Beauty Squares
Salon suites- 2023 Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$356K - $932K
- Units as of 2018
-
5 25.0% over 3 years
Company Overview
About Beauty Squares
Industry | Personal-Care Businesses |
---|---|
Related Categories | Hair Care, Miscellaneous Business Services, Miscellaneous Personal-Care Businesses |
Founded | 2010 |
Leadership | Julio Martin, CEO |
Corporate Address |
6840 S.W. 40th St., #212 Miami, FL 33155 |
Business Overview
Franchising Since | 2016 (7 years) |
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# of employees at HQ | 3 |
# of Units | 5 (as of 2018) |
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Beauty Squares 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
|
$35,000 |
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Initial Investment
|
$356,000 - $932,250 |
Royalty Fee
|
$55/suite/mo. |
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 Squares has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll |
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Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
On-The-Job Training | 15 hours |
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Classroom Training | 15 hours |
Ongoing Support |
Meetings & Conventions
Grand Opening
Security & Safety Procedures
|
Marketing Support |
Ad Templates
National Media
Regional Advertising
Social Media
|
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?
|
Yes |
Interested in ownership opportunities like Beauty Squares? Request a free consultation with a Franchise Advisor now.
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