- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$431K - $680K
- Units as of 2020
-
11 1,000.0% over 3 years
Some believe that nails speak volumes about you, and you can tell the world your story with the right design. Prose Nails believes it speaks the language of nail art designs that always makes the right statements.
Dave Crisalli founded Prose Nails with a simple model: to focus on hands and feet. For clients, every session at a Prose Nails location may be an opportunity to express themselves creatively through nail art. As Prose Nails curators fix nails to perfection, customers get immersed in an unforgettable experience of foot and hand poetry.
Customers may visit Prose Nails location for their promise that they will be treated right, nourished, and inspired by worry-free nail designs.
Why You May Want To Start a Prose Nails Franchise?
If you love art and are proud when a design comes together perfectly, opening a Prose Nails franchise could be an excellent opportunity for you. Franchisees should have a good work ethic, a love for socialization, and a determination to transform lives. Having spa or nail art experience isn't necessary, but some experience running a business can be highly beneficial.
Opening a Prose Nails franchise could offer a more predictable outcome than investing in a completely new brand that may struggle to thrive in an already crowded and competitive industry. Prose Nails provides franchisees exclusive territories in an effort to boost the chances of your success.
What Might Make a Prose Nails Franchise a Good Choice?
Prose Nails strives to be more than a place where customers can get their nails done. It wishes to be a place uniquely designed to nourish and renew spirits by creating an experience that feels like therapy for the soul. The brand exists to provide a much-needed service that uplifts everyone it touches. Franchisees are responsible for running daily business operations, including the duties of hiring and training staff.
To be part of the Prose Nails team, you should make sure you're financially ready for an initial investment made up of a franchise fee and other startup costs. In addition, you should prepare yourself for ongoing fees that will include advertising, royalty, and potential renewal fees. Franchisees will also need to meet the company's set net worth and liquid capital requirements.
How To Open a Prose Nails Franchise
Make sure to research the brand and your local area to see if Prose Nails would do well in your community. Before making any financial commitment or signing an agreement, you must perform your due diligence and establish if this is the right opportunity for you. As part of your due diligence, you may want to speak to existing franchisees and ask the Prose Nails franchising team questions.
If awarded a franchise, franchisees may receive a great deal of support from the Prose Nails brand throughout the franchising process. In addition to pre-opening training, franchisees receive support through brand awareness, marketing, research, and construction. They also receive hands-on training and continued support after their boutiques have opened.
Company Overview
About Prose Nails
Industry | Personal-Care Businesses |
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Related Categories | Miscellaneous Personal-Care Businesses |
Founded | 2017 |
Leadership | David Crisalli, CEO |
Corporate Address |
2850 E. Camelback Rd., #290 Phoenix, AZ 85016 |
Social | Facebook, Twitter |
Business Overview
Franchising Since | 2017 (7 years) |
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Where seeking |
This company is offering new franchises in the following US states: |
# of Units | 11 (as of 2020) |
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Prose Nails 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
|
$45,000 |
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Initial Investment
|
$430,853 - $680,183 |
Net Worth Requirement
|
$500,000 |
Cash Requirement
|
$150,000 |
Veteran Incentives
|
20% off franchise fee |
Royalty Fee
|
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 | Prose Nails has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, 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 | 40 hours |
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Classroom Training | 40 hours |
Ongoing Support |
Newsletter
Meetings & Conventions
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
|
Marketing Support |
Co-op Advertising
Ad Templates
National Media
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App
|
Operations
Additional details about running this franchise.
Is absentee ownership allowed? | Yes |
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Can this franchise be run from home/mobile unit?
|
No |
Can this franchise be run part time?
|
No |
# of employees required to run | 20 |
Are exclusive territories available?
|
Yes |
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