Hammer & Nails Franchise Opportunities
Hammer & Nails franchise was founded in 2013 as a male-centered grooming business. The barbershop provided hand and foot care, haircuts and shaves for men in a relaxed atmosphere. Today the business has grown to 9 Hammer and Nails barbershop franchise enterprises and there are a few locations available for sale in the USA. If you are looking for a franchise with profitable prospects, the business is right for you. The franchisees operating under the brand name have mentioned a supportive environment which the franchisor offers. A new franchisee receives everything from trainings to shop design. Learn more about Hammer & Nails franchise investment information including cost & fees here.
How to open the Hammer & Nails franchise?
- Ensure you have adequate capitalization.
In order to open the Hammer & Nails grooming shop for guys, you must have a net worth of more than $500,000. - Appreciate the investment required for a barbershop franchise.
You will need to consider the cost of equipment, the costs of licenses and permits, the cost of uniforms, the cost of insurance, etc. - Evaluate your prior experience and strengths.
You should thoroughly evaluate your prior business experience before applying to become a Hammer & Nails franchise owner. - Assess market availability.
You will want to look at the market availability for Hammer & Nails franchises and see if there are available markets in your location of interest before proceeding with the franchising application. - Submit your application.
Your application will be reviewed by the Hammer & Nails franchise team. You will be emailed a confirmation receipt upon reception of your online application, where we will additionally provide the contact details of the franchise owner. - Receive approval & opening your Hammer & Nails franchise.
You will receive franchise approval once your financial and background checks are completed. Approval will only be given to candidates who meet all the requirements of franchise owners. Everything you need comes ready to go, so installation takes only four days.
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How much does the Hammer & Nails franchise cost?
Hammer & Nails has the franchise fee of up to $49,950, with a total initial investment range of $400,000 to $600,000.
Net-worth Requirement: $500,000
Liquid Cash Requirement: $100,000
Hammer & Nails Initial Investment
Initial Investment: $400,000 - $600,000.
Ongoing Fees
Initial Franchise Fee: $49,950
Ongoing Royalty Fee: 6.5%
Ad Royalty Fee: 0.5%
Hammer & Nails website: www.hammerandnailsfranchise.com
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