Grooming Lounge Franchise LLC
Upscale men's barbershops/spas

Grooming Lounge Franchise LLC
Upscale men's barbershops/spas

About
Founded

1999

Franchising Since

2014 (5 Years)

Corporate Address

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

CEO

Michael Gilman

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

Support Options
Ongoing Support

Purchasing Co-ops

Newsletter

Online Support

Security/Safety Procedures

Field Operations

Marketing Support

Co-op Advertising

National Media

On-The-Job Training:

1 week

Classroom Training:

1 week

Number of Employees Required to Run:

10 - 15

Cost
Initial Investment: Low - $422,255 High - $779,990
Units

Units (Locations)

Where Seeking Franchisees:

Franchisor is seeking new franchise units throughout the U.S.
Franchise Financing
Using 401(K)/IRA Funds
  • Tax Penalty-Free
  • Debt Free
  • Expert Guidance
Learn More

Franchise Articles

How This Military Spouse and Former Teacher Became a Successful Travel Agency Franchisee

An inside look at one person's journey following her passion and becoming a business owner.

Why Franchisees Should Stay Away From Brands With Stubborn Policies

Nijhawan Group has been a leading retail player with tie-ups with brands like Adidas, Benetton, Nautica and Levi's. The company consolidated its retail business to make the business sustainable.

How Lenskart is Tapping Tier 2 & 3 Markets

Eyewear retailer Lenskart has devised low-cost franchise model to tap the upcountry markets as it targets 50 per cent of its new stores beyond tier 1 cities.

How to Connect With Your Community to Grow Your Business

Tips and simple steps to help you start strong and keep growing.

It's Double-Digit Good!

Samir Menon, MD, KFC India, opens about the brand's consistent growth in the country and how the company creates high excitement among its massive fan followers.

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