* Included in Asking Price
A leader in the Canadian beauty products industry, this 26 year old franchise company is a well known brand across eastern Canada. With sixty-five locations in regional malls and power centres, this high profile retailer offers some 10,000 salon-professional hair, nails, cosmetic and body products in a “one-stop-beauty-shop” concept.
Consider the desire to look good and feel young has led to a boom in all areas of the beauty industry and will continue to fuel the success of this concept. According to a 2012 report by the global market research firm Lucintel, rising incomes, changing lifestyles and increased demand for luxury products are the catalysts to sustained growth in the global beauty care products industry, which is forecasted to reach around US$265 billion by this year. In the United States alone, total revenues from hair services, led by hair colouring, exceeded $20 billion in 2012.
The franchisor will provide:
- new franchisee training, as well as ongoing support & training
- national and regional advertising programs
- turnkey purchasing, inventory and operational systems
- assistance with bank financing
Price: $315,000 (includes franchise fee and inventory)
FF&E (2016 Book Value): $228,667
Weighted Average Profit: $52,058
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