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Franchise: Grooming Lounge Franchise LLC

Initial Investment
LOW:$422,255
HIGH: $779,990
Change in Units
+50.0% +0 UNITS (1 Year)
+50.0% +0 UNITS (3 Years)

Ongoing Support
Purchasing Co-ops
Newsletter
Internet
Security
Field Operations
Marketing Support
Co-op Advertising
National Media

Training Onsite: 1 week

Training at headquarters: 1 week

Number of employees required to run: 10 - 15

Founded

1999

Franchising Since

2014 (3 Years)

Corporate Address

1120 Connecticut Ave. N.W., #435 Washington, D.C., 20036

CEO

Michael Gilman

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units throughout the U.S.

Financial Requirements

Initial Investment

$422,255 - $779,990

Net-worth Requirement

$200,000 - $1,000,000

Liquid Cash Requirement

$150,000 - $1,000,000

Ongoing Fees

Initial Franchise Fee

$40,000 - $40,000

Ongoing Royalty Fee

5%

Ad Royalty Fee

1%

Financing Options

Veteran Incentives


$10,000 off franchise fee

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.

Updated: September 7th, 2016

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