What does a Frenchies® Modern Nail Care Franchise Cost?
Frenchies® Modern Nail Care franchise fees for 2024:
Cash Investment: $270,042 - $531,231
Total Investment: $270,042 - $531,231
Minimum Net Worth: $350,000
Single Unit Franchise Fee: $49,500
Franchise Fee for Each Additional Unit: $39,500 for the second
unit; $29,500 per unit for the third or more units
Royalty: Greater of: the Minimum Royalty Fee ($100/week); or 5.5%
of Gross Revenues each week
Ad: Currently 2% of your Gross Revenues each week
Other Fees: Local Advertising Fees: At least 1.5% of Gross
Revenues
Item 19: Yes
Average Number of Employees: Employees at Start: 8-10, Employees At
Maturity: 9-11. 1 Manager, 1-2 Front Desk, 6-8 Nail Specialists
Visa Candidates: Yes
Passive Ownership: No
Semi-Passive Ownership: Yes(Semi-passive ownership entails a
franchisee devoting 15 hours a week managing the manager, ensuring
the studio is meeting cleanliness standards, and delivering a great
customer experience.)
Home-Based: No
B2B: NO
Master Franchise Opportunities: No
Veteran Discount: Yes (Initial Franchise fee is reduced to
$44,500)
Is Frenchies® Modern Nail Care a Semi Absentee Franchise with a Passive Ownership Opportunity?
No. Frenchies® Modern Nail Care is not a semi absentee franchise. The owner of the franchise (the franchisee) is expected to be involved in all aspects of day-to-day operations.
Is Frenchies® Modern Nail Care a Home Based franchise?
No. Frenchies® Modern Nail Care is not a home based franchise opportunity.
What Do Frenchies® Modern Nail Care Franchise Owners Make?
Click here to find out how much Frenchies® Modern Nail Care franchisees make. Frenchies® Modern Nail Care offers an Item 19 in their Franchise Disclosure Document which provides financial information about select franchisees in their franchise system.
Is Frenchies® Modern Nail Care a Master Franchise Opportunity?
No. Frenchies® Modern Nail Care is not a master franchise opportunity.
Does Frenchies® Modern Nail Care Offer a Veteran Discount?
Yes. Frenchies® Modern Nail Care franchise does offer a veteran discount.
Does Frenchies® Modern Nail Care Work with E2 Visa and EB-5 Visa Candidates?
Yes. Frenchies® Modern Nail Care franchise does work with E2 Visa and EB-5 Visa candidates.
Is Frenchies® Modern Nail Care Looking for Franchisees in Canada?
No. Frenchies® Modern Nail Care franchise is not looking for Canada franchisees.
Is Frenchies® Modern Nail Care Looking for International franchisees?
No. Frenchies® Modern Nail Care franchise is not looking for International franchisees.
Where can I see Frenchies® Modern Nail Care's FDD (Franchise Disclosure Document)?
Buying a Franchise Guide: What is a Franchise Disclosure Document?
When evaluating a franchise opportunity, reading and understanding the current version of their FDD is a necessity. Considering the benefits of franchising, such as established brand recognition and support from the franchisor, it's important to also take into account franchise fees and franchising royalty fees. Since most franchisors are privately owned companies, the current versions of their FDDs are typically not available unless requested directly from them.
Click here to connect with a Franchise Consultant who can help you obtain a copy quickly and for free. They can also guide you through the essential franchise questions to ask, ensuring you make a well-informed decision about your investment.