Frenchies® Modern Nail Care Claimed
Frenchies® Modern Nail Care Franchise For Sale
Frenchies Modern Nail Salon is not your typical nail salon. We pride ourselves on creating a unique experience for our clients with high standards of cleanliness, friendly professionals, and chic, inviting environments. Our dedication to non-toxic products and commitment to the well-being of our customers and team members sets us apart in the industry.
Why Choose Frenchies?
- Industry Leader: As a Frenchies franchisee, you join a brand that’s at the forefront of a booming industry, valued at over $29 billion in the US alone.
- Innovative Approach: Our modern take on nail care ensures a distinctive market position with services that cater to health-conscious clients.
- Community and Support: Frenchies is not just a brand; it’s a community. We offer unparalleled franchisee support, from site selection and salon design to training and marketing.
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Additional Background Information:
Frenchies Modern Nail Care was acquired by Riverside Company, a prominent private equity firm known for investing in high-growth potential businesses. This strategic acquisition underscores Riverside’s commitment to supporting innovative and dynamic brands. By leveraging Riverside’s extensive resources and expertise, Frenchies Modern Nail Care is poised to accelerate its expansion, enhance its service offerings, and further solidify its position as a leader in the nail care industry. This partnership marks an exciting new chapter for Frenchies, promising growth, enhanced customer experiences, and increased franchise opportunities nationwide.
Frenchies Modern Nail Care now joins Head To Toe, the beauty portfolio of The Riverside Company. Currently, Head To Toe comprises Frenchies Modern Nail Care, Bishops Cuts/Colors, and The Lash Lounge. This portfolio continually seeks to acquire brands that align with its mission of providing top-tier beauty and self-care services. With Bishops’ inclusion, Head To Toe strengthens its position in the beauty industry, offering a comprehensive range of services from haircare to nails and lashes.
Press Releases on The Riverside Company Head To Toe Portfolio:
Franchise Background
You will receive 80% of all franchise fee(s) collected for any lead closed by 12/31/2024!
# of Units
Franchise Fee
Consultant Commission
1 Unit
$49,500
$39,600
2 Units
$89,000
$71,200
3 Units
$118,500
$94,800
WE HAVE A 100% CLOSE RATE FOR 2024 DISCOVERY DAYS!
Background
Established: 2014
First Unit Franchised: 2015
Franchised Units Open: 24
States Open: 13, wide open with territory availability!
Company Owned Units: 1
States Registered In: ALL
Alabama - AL, Alaska - AK, Arizona - AZ, Arkansas - AR, California - CA, Colorado - CO, Connecticut - CT, Delaware - DE, Florida - FL, Georgia - GA, Hawaii - HI, Idaho - ID, Illinois - IL, Indiana - IN, Iowa - IA, Kansas - KS, Kentucky - KY, Louisiana - LA, Maine - ME, Maryland - MD, Massachusetts - MA, Michigan - MI, Minnesota - MN, Mississippi - MS, Missouri - MO, Montana - MT, Nebraska - NE, Nevada - NV, New Hampshire - NH, New Jersey - NJ, New Mexico - NM, New York - NY, North Carolina - NC, North Dakota - ND, Ohio - OH, Oklahoma - OK, Oregon - OR, Pennsylvania - PA, Rhode Island - RI, South Carolina - SC, South Dakota - SD, Tennessee - TN, Texas - TX, Utah - UT, Vermont - VT, Virginia - VA, Washington - WA, West Virginia - WV, Wisconsin - WI, Wyoming - WY
Canada Franchises: No
International Franchises: No
Financial Terms
Liquidity: $200,000+
Minimum Net Worth: $500,000+
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 opening 5-10, mix of part-time and full time. Salon manager is optional (can run the show if they are semi-absent), 4 nail techs, and 1-2 front desk
Visa Candidates: Yes
Passive Ownership: No
Semi-Passive Ownership: Yes (Semi-passive ownership entails a franchisee devoting 15 hours a week to managing the manager, ensuring the studio is meeting cleanliness standards, and delivering a great customer experience.)
Home-Based: No
B2B: NO
Master Franchise Opportunities: Yes
Veteran Discount: Yes (Initial Franchise fee is reduced to $44,500)
Support & Training
Site Selection Assistance: Yes (Site Selection Expertise: Assistance in identifying the ideal location that captures the right demographic.)
Lease Negotiation Assistance: Yes ( Design and Build-Out Guidance: Access to vetted architects and contractors who bring the signature Frenchies design to life, ensuring every studio reflects our ethos of cleanliness and modernity.)
Recruiting Assistance: Yes
Co-Operative Advertising: No
Initial Training
5 days of Classroom training at corporate headquarters in Denver
5 days of hands on training in Denver Studio for Manager & Lead Nail Specialist
2 days of hands-on training at the franchisee’s studio for pre-opening
New store opening support provided On-Site when franchisee opens their store
Ongoing Support/Training
On-going support and training through the corporate office support team
Annual Conference
24/7 Franchisee Support through Support Center
Real-time sales data through Zenoti POS Systems
Monthly WIN Calls
Monthly KPI “Scorecard” provided for all stores
Yearly field support visits
Turn-key annual marketing calendar
Marketing collateral pre-designed
Ideal Candidate
Enjoy pampering people & creating a truly special personal experience
Have strong business acumen & leadership skills- managed a team of 5 or more employees
If no business experience, volunteer experience & community involvement is key
Don’t need beauty industry experience but women should have an interest in beauty as a consumer
The owner won’t have to do manis or pedis. - Just receive them!
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