Grooming Lounge Franchise LLC
Upscale men's barbershops/spas
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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

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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