The Lash Lounge Franchise - Eyelash Extensions Salon
The Lash Lounge Franchise Opportunities
The mission of The Lash Lounge Franchise is to make women look better, and hence feel better about themselves. The business provides eyelash extension services by using the latest technologies of the industry. The first beauty salon under the brand name was opened in 2006. However, the first The Lash Lounge eyelash extensions salon franchise came for sale in 2010. Today there are 105 ongoing units, but the chain is still welcoming for new franchisees. The main benefits of the franchise are low initial cost & fees, flexible schedule of work, multiple streams of income, not complicated business model and absence of direct competition on the market.
How to open The Lash Lounge franchise?
- Ensure you have adequate capitalization.
In order to open The Lash Lounge eyelash extensions salon franchise, you must have a net worth of $500,000.
- Appreciate the investment required for an eyelash extensions salon franchise.
You will need to consider real estate costs, the cost of equipment and signs, 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 The Lash Lounge eyelash extensions salon franchise owner.
- Assess market availability.
You will want to look at the market availability for The Lash Lounge 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 Lash Lounge 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 The Lash Lounge 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.
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How much does The Lash Lounge franchise cost?
The Lash Lounge has a franchise fee of $33,167 to $49,500, with a total initial investment range of $227,366 to $505,345.
Net-worth Requirement: $500,000
Liquid Cash Requirement: $150,000
The Lash Lounge Initial Investment
Initial Investment: $227,366 - $505,345.
Initial Franchise Fee: $33,167 - $49,500
Ongoing Royalty Fee: 6%
Ad Royalty Fee: 2%
The Lash Lounge website: www.thelashlounge.com
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- Starting investments from:$227,366
- Company type:Salon
- Company foundation year2006
- Year of launching the franchise2010
- Franchise enterprises:105
- Franchisees in USA:105
- Corporate Address:550 Reserve St., #380 Southlake, TX 76092