Facialworks franchise fees for 2024:
Cash Investment: $435,600 - $853,700
Total Investment: $435,600 - $853,700
Minimum Net Worth: $750,000
Single Unit Franchise Fee: $60,000
Franchise Fee for each addtion unit: 2 units $135,000 - 3 units
$180,000 - 4 units $225,000 - 5 units $240,000 - 6 units
Royalty: 6%
Ad: 2%
Average Number of Employees at Start/at Maturity: 5-10
Item 19: Yes
Visa Candidates: No
Passive Ownership: Yes
Semi-Passive Ownership: Yes
Specify: Semi-absentee owners play a leadership role in the
business as they hire an Assistant Studio Manager who will run the
daily operations. Owner tasks can include:
Building and leading their team
Sales & Marketing/Community Engagement
Some administrative responsibilities
Accounting & managing KPI's
Home-Based: No
B2B: No
Master Franchise Opportunities: No
Veteran Discount: No
No. Facialworks 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.
No. Facialworks is not a home based franchise opportunity.
Click here to find out how much Facialworks franchisees make. Facialworks offers an Item 19 in their Franchise Disclosure Document which provides financial information about select franchisees in their franchise system.
No. Facialworks is not a master franchise opportunity.
No. Facialworks franchise does not offer a veteran discount.
No. Facialworks franchise does not work with E2 Visa and EB-5 Visa candidates.
No. Facialworks franchise is not looking for Canada franchisees.
No. Facialworks franchise is not looking for International franchisees.
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.