Start a Idolize Brows and Beauty Franchise in 2024

Franchise 500 Rank: N/R Not ranked last year

Initial investment: $381K - $460K

Units as of 2023: 12 33.3% over 3 years

Idolize Brows & Beauty is a beauty salon franchise specializing in eyebrow and facial threading and other self-pampering services. Idolize Brows & Beauty is focused on making its clients feel better about themselves, one visit at a time. The Idolize Brows & Beauty brand believes it has consistently improved its product by adopting the latest technologies while maintaining a team of skilled and passionate professionals.

Over a decade after its first location opened in Charlotte, North Carolina, in 2009, Idolize Brows & Beauty has expanded with multiple units in the United States. Idolize Brows & Beauty holds the vision of becoming the country’s leading threading and beauty services provider.

Why You May Want To Start an Idolize Brows & Beauty Franchise

Besides offering a wide range of high-tech, innovative beauty procedures, Idolize Brows & Beauty may stand out for its quick, no-appointment services. With more than 2,500 monthly visits per location, the client loyalty at Idolize Brows & Beauty may be impressive.

If you’ve always dreamed of helping people achieve their high standards of beauty, then owning and operating an Idolize Brows & Beauty franchise could be the vehicle you need.

Additionally, Idolize Brows & Beauty accepts semi-absentee ownership for franchisees who want to be involved in the company, but may not have the time to dedicate all of their energy to their franchise.

What Might Make an Idolize Brows & Beauty Franchise a Good Choice?

Opening an Idolize Brows & Beauty 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.

Whether or not you have experience in the beauty industry, the Idolize Brows & Beauty team will train you and your staff on how to offer every service offered by the brand. With Idolize Brow & Beauty’s extensive knowledge and skills, you only have to think of absorbing everything they will teach you so you can hit the ground running full of confidence.

How To Open an Idolize Brows & Beauty Franchise

To be part of the Idolize Brows & Beauty 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 an Idolize Brows & Beauty 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 an Idolize Brows & Beauty franchise would do well in your community. While competition is healthy, too much of it may not allow for the most possible growth.

Before making any financial commitment or signing an agreement with Idolize Brows & Beauty, 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 Idolize Brows & Beauty franchising team questions.

Company Overview

About Idolize Brows and Beauty

Industry	Personal-Care Businesses
Related Categories	Lash & Brow Services, Salon & Spa Services
Founded	2009
Parent Company	Idolize Franchising LLC
Leadership	Mo Pandoria, CEO
Corporate Address	8058 Corporate Center Dr., #250 Charlotte, NC 28226
Social	Facebook, LinkedIn, Instagram

Business Overview

Franchising Since	2017 (7 years)
# of employees at HQ	6
Where seeking	This company is offering new franchises in the following US states: Alabama, Arkansas, Arizona, California, Colorado, Connecticut, District of Columbia, Delaware, Florida, Georgia, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, North Carolina, Nebraska, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia
# of Units	12 (as of 2023)

Information for Franchisees

Here's what you need to know if you're interested in opening a Idolize Brows and Beauty 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 Definition: The initial fee paid to a franchisor to join their system What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor. This fee is usually due at the signing of the franchise agreement and covers the right to use the franchisor's trademarks, name, and related business systems.	$49,500
Initial Investment Definition: The total amount necessary to begin operation of the franchise What you need to know: The initial investment includes the franchise fee, along with other startup expenses such as real estate, equipment, supplies, business licenses, and working capital. This is outlined in a chart in Item 7 of the FDD, showing a range of possible costs from low to high.	$380,704 - $460,303
Net Worth Requirement Definition: The minimum net worth you must have in order to qualify to become a franchisee of this company What you need to know: Net worth is the value of a person's assets minus liabilities. Assets include cash, stocks, retirement accounts, and real estate. Liabilities include items like mortgages, car payments, and credit card debt.	$350,000
Cash Requirement Definition: The minimum liquid capital you must have available in order to qualify to become a franchisee of this company.	$150,000
Veteran Incentives Definition: A discount or other incentive offered to military veterans who buy a franchise with this company.	$2,500 off franchise fee
Royalty Fee Definition: A ongoing fee paid to the franchisor on a regular basis. What you need to know: Most franchisors require franchisees to pay an ongoing royalty fee, which is detailed in Item 6 of the FDD. This fee is typically a percentage of weekly or monthly gross sales, but may also be a flat weekly, monthly, or annual fee.	6%
Ad Royalty Fee Definition: An going fee paid to the franchisor on a regular basis to support advertising or marketing efforts. What you need to know: This may also be called advertising fee, marketing fee, brand fund fee, and more, but the basic purpose is the same-- to support promotion of the brand systemwide. As with the royalty fee, it is detailed in Item 6 of the FDD, and can be a percentage of weekly or monthly gross sales or a weekly, monthly, or annual fee.	1%
Term of Agreement Definition: The length of time your franchise agreement will last. What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease. Once your term is up, you may have the option to renew your agreement, typically for a smaller fee than the original franchise fee.	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	Idolize Brows and Beauty 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	60 hours
Classroom Training	111 hours
Ongoing Support	Purchasing Co-ops Newsletter Meetings & Conventions Grand Opening Online Support Security & Safety Procedures Lease Negotiation Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
Marketing Support	Co-op Advertising Ad Templates Regional Advertising Social Media SEO Website Development Email Marketing Loyalty Program/App

Operations

Additional details about running this franchise.

Is absentee ownership allowed?	Yes
Can this franchise be run from home/mobile unit? Definition: The business can be run from your home and/or a vehicle, and it is not necessary to have a retail facility, office space, or warehouse.	No
Can this franchise be run part time? Definition: This business can be run by the owner on a part-time basis (less than 40 hours per week) and/or as a side business; it is not necessary for the business to be open/run full-time.	Yes
# of employees required to run	3-5
Are exclusive territories available? Definition: An exclusive territory is a fixed area in which you are given the right to operate and in which no other units of the same franchise may be opened. What you need to know: Territory size may be based on factors such as radius, population size, zip codes, and more. Details can be found in Item 12 of the FDD.	Yes