
The Lash Lounge
Eyelash extensions, tinting, and threading- 2021 Franchise 500 Rank
-
#105 Ranked #312 last year
- Initial investment
-
$227K - $505K
- Units as of 2020
-
108 671.4% over 3 years
Company Overview
About The Lash Lounge
- Industry
- Personal-Care Businesses
- Related Categories
- Lash & Brow Services, Miscellaneous Retail Businesses, Miscellaneous Personal-Care Businesses
- Founded
- 2006
- Parent Company
- The Lash Franchise Holdings LLC
- Leadership
- Meg Roberts, CEO & President
Franchising Overview
- Franchising Since
- 2010 (11 years)
- # of employees at HQ
- 16
- Where seeking
-
This company is seeking new franchisees throughout the US.
- # of Units
- 108 (as of 2020)
Franchisor Information
Information for Franchisees
Here’s what you need to know if you’re interested in opening a The Lash Lounge 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
- $33,167 - $49,500
- Initial Investment
- $227,366 - $505,345
- Net Worth Requirement
- $500,000
- Cash Requirement
- $150,000
- Veteran Incentives
- $2,500 off franchise fee or $10,000 off development 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
- The Lash Lounge 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
- Up to 78 hours
- Classroom Training
- 46-82 hours
- Ongoing Support
-
Purchasing Co-opsNewsletterMeetings & ConventionsToll-Free LineGrand OpeningOnline SupportSecurity & Safety ProceduresLease NegotiationField OperationsSite SelectionProprietary SoftwareFranchisee Intranet Platform
- Marketing Support
-
Co-op AdvertisingAd TemplatesRegional AdvertisingSocial MediaSEOWebsite DevelopmentEmail Marketing
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
- # of employees required to run
- 6
- Are exclusive territories available?
- Yes
Franchise 500 Ranking History
Compare where The Lash Lounge landed on this year’s Franchise 500 Ranking versus previous years.
Additional Rankings
Curious to know where The Lash Lounge ranked on other franchise lists? Find out below.
Franchise 500 Ranking
Fastest-Growing Franchises
Want to stay updated on the latest franchise news?
Never miss a beat when you sign up to receive our newsletter.
We care about the protection of your data. Read our Privacy Policy
Related Franchises
Are you eager to see what else is out there? Browse more franchises that are similar to The Lash Lounge.
Related Franchise Content
Catch up on the latest franchise news, trends, and more.
Free On-Demand Webinar: How to Recruit and Onboard Franchise Owners
Watch the third episode of our four-part How To Grow Your Business Through Franchising webinar series to learn all about the process of finding your franchise owners.
Franchising Gave This Entrepreneur a Fresh Start -- and a Chance to Embrace New Technologies
Yousuf Ali had a successful career in marketing until he failed to embrace new technologies. Now, as a My Eyelab franchisee, embracing forward-thinking capabilities is the key to his success.
Free Webinar | April 19: How to Support Your Franchisees & Grow Your Franchise Organization
After deciding to become a franchisor, building your franchise organization, and hiring franchise owners, what comes next? This is an exciting stage in the process-it's the expansion phase.
All of the Best Franchise Investments Start With These 10 Essential Steps
If you want your franchise investment to be successful, be sure to address these 10 concerns before you purchase.
Entrepreneur Franchise of the Day: Concrete Technology Inc
Franchising for 30 years, CTI has found success with its easy-to-use concrete resurfacing system by providing support, training and a successful business model for its franchisees.
The Marketing Challenges of Finding New Franchises
Many young brands make the mistake of taking the approach that more is better.