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Xtension Envy

Xtension Envy revolutionizes the $10B hair extension industry with a membership-driven model offering custom consultations, high-quality products, and specialized technicians, delivering a 20-25% net return and setting a new standard in the hair extension space.

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Xtension Envy
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Xtension Envy Franchise Cost and Requirements for 2024

Background

The hair extension industry is 10B, with close to 20% of US female population over 21 experimenting with hair extensions. The current hair extension industry lacks focus and consistency across the board.
Xtension Envy is about to change all of that with a money saving membership driven business model that provides a custom consultation in an elegant atmosphere, with high quality products and creative technicians who are specially trained for extensions and creative cuts and colors.

Our customer and business validation comes from our item 19! This business is affordable to get into and is producing 20 to 25% net return on revenue.

This is the first franchise of its kind in the hair extension space, much like other pioneers in the membership model; Massage Envy 1100 locations, The Joint 900 locations and Tanning Salons 22K.

We have Assembled a team and are involved with your client every step of the way; real estate, build out, training, marketing... Were there every step of the way.

Company Details

Established: 2018
First Unit Franchised: Starting Now
Franchised Units: 1
Company Owned Units: 2
States Registered In: Alabama - AL, Alaska - AK, Arizona - AZ, Arkansas - AR, California - CA, Colorado - CO, Connecticut - CT, Delaware - DE, Florida - FL, Georgia - GA, Idaho - ID, Iowa - IA, Kansas - KS, Kentucky - KY, Louisiana - LA, Maine - ME, Massachusetts - MA, Minnesota - MN, Mississippi - MS, Missouri - MO, Montana - MT, Nebraska - NE, Nevada - NV, New Hampshire - NH, New Jersey - NJ, New Mexico - NM, North Carolina - NC, Ohio - OH, Oklahoma - OK, Oregon - OR, Pennsylvania - PA, South Carolina - SC, South Dakota - SD, Tennessee - TN, Texas - TX, Utah - UT, Vermont - VT, West Virginia - WV, Wisconsin - WI, Wyoming - WY
Canada Franchises: No
International Franchises: No

Support and Training Offered By Xtension Envy

Financial Assistance Provided: No
Site Selection Assistance: Yes
Specify: We pull all the analytical data across the United States, looking for the right density and customer spending habits that fit our customer profile.
Lease Negotiation Assistance: Yes
Specify: We have a standard LOI that we provide the landlord that is very comprehensive and benefits our franchisee.
Recruiting Assistance: Yes
Specify: We provide the employment hiring profiles that can be ran on social media to find employees. This is never been a problem finding good qualified technicians.
Cooperative Advertising: No
Training:
They will go through one week of training at Xtension Envy headquarters in Scottsdale AZ.

We also have web-based training videos that are helpful as well.

Our training takes place monthly, and at any time people can send their staff in for additional training.

2024 Franchise Requirements Needed to Own a Xtension Envy Franchise.

What does a Xtension Envy Franchise Cost?

Xtension Envy franchise fees for 2024:

Cash Investment: $100,000 to $150,000
Total Investment: $250,000 to $450,000
Minimum Net Worth: $400,000
Single Unit Franchise Fee: $49,500
Franchise Fee for each addtion unit: 3 pack for $119,500
Royalty: 6%
Ad: 2%
Average Number of Employees at Start/at Maturity: 2 to start, and grow to 6-8 as business ramps up.
Item 19: Yes
Visa Candidates: Yes
Passive Ownership: No
Semi-Passive Ownership: Yes
Specify: As the business owner, we always recommend that initially your involved in the business until its stabilized. However, there will be franchise owners who hire a manager with the right profile to run their store. With that said, the ideal candidate has the personality who is in it to win it! With good people skills with outgoing personality with a calm, professional demeanor.
Experience in the spa/beauty, hospitality or retail industry preferred but not mandatory.
Someone who understands the importance of the guest experience.
Home-Based: No
B2B: No
Master Franchise Opportunities: Yes
Veteran Discount: Yes(5%)

Is Xtension Envy a Semi Absentee Franchise with a Passive Ownership Opportunity?

No. Xtension Envy 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 Xtension Envy a Home Based franchise?

No. Xtension Envy is not a home based franchise opportunity.

What Do Xtension Envy Franchise Owners Make?

Click here to find out how much Xtension Envy franchisees make. Xtension Envy offers an Item 19 in their Franchise Disclosure Document which provides financial information about select franchisees in their franchise system.

Is Xtension Envy a Master Franchise Opportunity?

Yes. Xtension Envy is a master franchise opportunity. A master franchisee is responsible to recruit, train and support franchisees in their territory.

Does Xtension Envy Offer a Veteran Discount?

Yes. Xtension Envy franchise does offer a veteran discount.

Does Xtension Envy Work with E2 Visa and EB-5 Visa Candidates?

Yes. Xtension Envy franchise does work with E2 Visa and EB-5 Visa candidates.

Is Xtension Envy Looking for Franchisees in Canada?

No. Xtension Envy franchise is not looking for Canada franchisees.

Is Xtension Envy Looking for International franchisees?

No. Xtension Envy franchise is not looking for International franchisees.

Where can I see Xtension Envy'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.

Additional Information

Additional Categories

Hair Care & Beauty Salons, Non Food Franchises

Number of Units Open

LESS THAN 20 UNITS

Cash Required

$100,000 - $250,000

Master Franchise

Yes

Passive Franchise

No

Home Based Franchise

No

Item 19 Franchise

Yes

Veteran Discount

No

B2B

No

Franchise Opportunities in Canada

No

International Franchise Opportunities

No

E2 Visa Franchise

Yes

Xtension Envy Franchises for Sale

Click Here to inquire about existing Xtension Envy franchises for sale. We may have Xtension Envy franchise resales. A franchise resale is an already established franchise owned by a franchisee and the franchisee is looking to sell their franchise.

Franchises Similar to Xtension Envy

Amazing Lash Studio, The Lash Lounge, dermani MEDSPA, Perspire Sauna Studio, Arch and Line, Sola Salon Studios, SmartStyle, Barbers of the Lowcountry, European Wax Center, Bellacures, Radiant Waxing, The Birthday Suit, Waxing the City, VJuv MedSpa

The International Franchise Professionals Group (IFPG) is an internationally recognized membership-based franchise organization. IFPG Franchise Consultants guide aspiring business owners through the process of identifying and investing in franchise businesses. The IFPG represents more than 550 franchises. We do not represent all franchises listed here. By clicking on "Request a Consultation," you are agreeing to be contacted by one of our Certified Franchise Consultants to discuss franchise ownership.

About our rankings: The IFPG uses its internal data collected from our membership portal to identify which franchises had the most activity in the past week. This ranking system is not based on franchise sales, franchisee success rates or number of units open. Our ranking system should not be used to make a decision on which franchise to buy it was solely created for internal purposes and for our IFPG Members.

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