- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$125K - $186K
- Units as of 2023
-
9 12.5% over 3 years
Founded in 2011 by Erika Freitas and based in Boca Raton, Florida, Little Princess Spa is a children’s party concept focused on making children between the ages of 2 to 15 feel like a princess at their parties.
Little Princess Spa’s clients can select from a wide range of packages when choosing their birthday parties, which go from pedicures and manicures to add-ons for hair and facials. Little Princess Spa offers theme packages for the parties, including unicorns, mermaids, pajama parties, and royal tea parties, among others.
Little Princess Spa also offers events besides birthday parties, such as spa and salon services, classes, summer camps, on and off-site private parties, and retail merchandise. In addition, Little Princess Spa accommodates a boutique shop where children can create jewelry, lip gloss, hair bows, perfume, tiaras, and sugar scrubs.
Since beginning to franchise in 2014, Little Princess Spa has opened several franchises throughout the United States.
Why You May Want To Start a Little Princess Spa Franchise
To start a Little Princess Spa franchise, the franchisee should be team-oriented, enthusiastic, and motivated. Franchisees will deal with a large number of people in this business, especially kids.
With its locations centered mainly in Florida, the franchisee may face little concurrence when opening it in other US states. Having experience in this field is not necessary to open a Little Princess Spa franchise, although having some business experience is always beneficial.
What Might Make a Little Princess Spa Franchise a Good Choice?
Opening a Little Princess Spa franchise may offer a more predictable outcome than investing in a completely new brand that could struggle to thrive in an already crowded and competitive industry.
If awarded a Little Princess Spa franchise, franchisees receive a great deal of support from the Little Princess Spa brand throughout the franchising process. In addition to several dozen hours of pre-opening training, franchisees receive support through negotiating lease, décor, hiring staff, advertising and marketing, and accounting and bookkeeping. After their Little Princess Spa franchise location has opened, franchisees may receive continued support.
How To Open a Little Princess Spa Franchise
To be part of the Little Princess Spa team, you should make sure you’re financially ready for an initial investment made up of a franchise fee and other startup costs. In addition, you should prepare yourself for ongoing fees that will include advertising, royalty, and potential renewal fees. Franchisees will also need to meet the company’s set net worth and liquid capital requirements.
As you decide if opening a Little Princess Spa franchise is the right move for you, make sure you take time to explore the opportunity. Research the brand and your local area to see if a Little Princess Spa franchise would do well in your community.
Before making any financial commitment or signing an agreement, you must perform your due diligence and establish if this is the right opportunity for you. As part of your due diligence, you may want to speak to existing franchisees and ask the Little Princess Spa franchising team questions.
Company Overview
About Little Princess Spa
| Industry | Personal-Care Businesses |
|---|---|
| Related Categories | Children's Hair Care, Miscellaneous Personal-Care Businesses, Hair Care, Miscellaneous Children's Businesses, Children's/Family Entertainment, Salon & Spa Services |
| Founded | 2011 |
| Leadership | Erika B. Freitas, CEO |
| Corporate Address |
3350 N.W 2nd Ave., #B26 Boca Raton, FL 33431 |
Business Overview
| Franchising Since | 2014 (10 years) |
|---|---|
| # of employees at HQ | 9 |
| Where seeking |
This company is offering new franchises in the following US states: Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, District of Columbia, Delaware, Florida, Georgia, Iowa, Idaho, Kansas, Kentucky, Louisiana, Massachusetts, Maine, Missouri, Mississippi, Montana, North Carolina, New Hampshire, New Jersey, New Mexico, Nevada, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Vermont, West Virginia, Wyoming |
| # of Units | 9 (as of 2023) |
|
|
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Information for Franchisees
Here's what you need to know if you're interested in opening a Little Princess Spa 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
|
$29,900 |
|---|---|
|
Initial Investment
|
$125,284 - $186,379 |
|
Net Worth Requirement
|
$29,900 |
|
Cash Requirement
|
$29,900 |
|
Veteran Incentives
|
10% off franchise fee |
|
Royalty Fee
|
6% |
|
Ad Royalty Fee
|
1% |
|
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 | Little Princess Spa 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 | 25 hours |
|---|---|
| Classroom Training | 20 hours |
| Ongoing Support |
Grand Opening
Site Selection
|
| Marketing Support |
Social Media
|
Operations
Additional details about running this franchise.
| Is absentee ownership allowed? | No |
|---|---|
|
Can this franchise be run from home/mobile unit?
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No |
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Can this franchise be run part time?
|
No |
|
Are exclusive territories available?
|
Yes |
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