- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$165K - $235K
- Units as of 2023
-
45 4.7% over 3 years
Lemon Tree Family Salons provides quality hair services at affordable prices. With over 45 years of experience, they are a favorite hair salon for many families in different locations. Lemon Tree Family Salons has a long history, having started as a family salon in 1974. By 1976, it began franchising. The company has since undergone several changes in ownership and branding and was purchased by Jonathan Shaw in 2009. There are over 30 franchises in the United States.
Why You May Want to Start a Lemon Tree Family Salons Franchise
An ideal franchisee is an individual who is driven, community-focused, will fit into the Lemon Tree Family Salons culture, and wants to grow their business. As a Lemon Tree Family Salons franchisee, you will be in charge of hiring a team and ensuring that clients get the best services.
The brand is founded on quality and strives to offer the best services in the hair and beauty industry. Lemon Tree Family Salons customers love the brand because they provide a wide range of services, and could serve as a one-stop-shop for the entire family. Customers also may get to enjoy premium services at an excellent value for their money. The services include haircutting, styling, dying, coloring, toning, and facial waxing. Clients can get walk-in services since it is not always necessary to make appointments.
What Might Make a Lemon Tree Family Salons Franchise a Good Choice?
To open a Lemon Tree Family Salons franchise, you should make sure you're financially ready for an initial investment made up of a franchise fee and other startup costs. You should also be prepared for ongoing fees that will include advertising fees and royalty fees. Franchisees will also need to meet the company's set net worth and liquid capital requirements.
Lemon Tree Family Salons is flexible, scalable, and may allow for absentee ownership. Franchisees may have the opportunity to make more revenue through the sale of quality hair products.
How To Open a Lemon Tree Family Salons Franchise
To learn more about the Lemon Tree Family Salons franchise opportunity, you will need to submit a franchise inquiry form. If you are seen as a good fit, you may receive an introductory franchising call. You may then join a webinar and review the Franchise Disclosure Document. Soon after acquiring your Franchise Disclosure Document, you will have a chance to do interviews with other franchisees as part of your due diligence period.
An interview with the CEO and attending discovery day is the next step. Lemon Tree Family Salons may make a final decision within a day after the executive interview, and they will provide you with the franchise agreement. Training will then occur at the corporate headquarters in East Hanover, New Jersey, with both classroom and on-site training segments.
After signing your agreement and completing training, the Lemon Tree Family Salons franchising team will make a site visit to your salon. They will guide you through the pre-opening and grand-opening process and provide you with all the support you need to succeed.
Company Overview
About Lemon Tree Hair Salons
Industry | Personal-Care Businesses |
---|---|
Related Categories | Hair Care, Salon & Spa Services |
Founded | 1974 |
Leadership | Jonathan Shaw, CEO |
Corporate Address |
8 Campus Dr., #105, PMB 1029 Parsippany, NJ 07054 |
Social | Facebook, LinkedIn, Instagram |
Business Overview
Franchising Since | 1976 (48 years) |
---|---|
# of employees at HQ | 9 |
Where seeking |
This company is offering new franchises throughout the US. |
# of Units | 45 (as of 2023) |
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Lemon Tree Hair Salons 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
|
$35,000 |
---|---|
Initial Investment
|
$164,695 - $234,939 |
Net Worth Requirement
|
$240,000 |
Cash Requirement
|
$100,000 |
Royalty Fee
|
6% |
Ad Royalty Fee
|
$120/wk. |
Term of Agreement
|
10 years |
Is franchise term renewable? | Yes |
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 | 28 hours |
---|---|
Classroom Training | 50 hours |
Ongoing Support |
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
|
Marketing Support |
National Media
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
|
Operations
Additional details about running this franchise.
Is absentee ownership allowed? | Yes |
---|---|
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 |
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