Seva Beauty
#294

Initial Investment

LOW: $114,000
HIGH: $199,500

Change in Units

+41.7% +58 UNITS (1 Year)
+64.7% +90 UNITS (3 Years)

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Promoted Opportunities

Company Profile

Founded

2008

Franchising Since

2010 (6 Years)

Corporate Address

1954 First St., #112 Highland Park, IL 60035

CEO

Vas Maniatis

About Seva Beauty

Seva Beauty, franchising since 2010, takes it name from a Sanskrit word that means "to serve selflessly." Seva Beauty franchises offer beauty and spa services including facial hair threading and waxing, eyebrow tinting, eyelash extensions, body waxing and facials.

Financials

Financial Requirements

Initial Investment

$114,000 - $199,500

Net-worth Requirement

$250,000

Liquid Cash Requirement

$39,000

Ongoing Fees

Initial Franchise Fee

$39,000

Ongoing Royalty Fee

6%

Ad Royalty Fee

2%

Financing Options

Seva Beauty has relationships with third-party sources which offer financing to cover the following: 
franchise fee, startup costs, equipment, inventory

Veteran Incentives


$5,000 off franchise fee

Franchise 500® Rank History

  • 2014 - 354
  • 2015 - 429
  • 2016 - 294

* Not all years were ranked

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units worldwide.

Operations & Franchisor Support

Training Onsite: 1 day at grand opening

Training at headquarters: 1 day

Additional Training: Virtual training at franchisee's location

Ongoing Support
Purchasing Co-ops
Meetings
Grand Opening
Security
Field Operations

Marketing Support
Co-op Advertising
Regional Media
National Media

Absentee Ownership Allowed

Number of employees required to run: 4

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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: January 28th, 2016

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Previous Years Rankings

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