- 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 (9 years) |
|---|---|
| # 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 |
|---|---|
|
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 |
|---|
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 |
|---|---|
| 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 |
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