Xtension Envy Claimed
Xtension Envy Franchise For Sale
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.
Franchise Background
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
Financial Terms
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%)
Support & Training
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.
Ideal Candidate
Experience in the spa/beauty, hospitality or retail industry preferred but not mandatory.
Someone who understands the importance of the guest experience.
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