MOXIE Salon and Beauty Bar offers a range of beauty services, including haircuts, manicures, eyelash extensions, and other cosmetic treatments. The franchise focuses on providing high-quality beauty services and a range of retail products in a stylish salon setting.
Key Insights
- MOXIE SALON AND BEAUTY BAR was established with a vision to redefine the salon experience, growing from its initial concept into a recognized brand focused on client well-being and professional artistry. The business emphasizes a holistic approach to beauty, offering a range of services designed to enhance individual styles.
- The franchise operates as a full-service beauty destination, providing hair styling, coloring, treatments, and specialized beauty services. It maintains a commitment to ongoing training for its professionals and utilizes quality products to ensure client satisfaction and consistent results across all locations.
- The beauty industry encompasses a broad spectrum of services and products aimed at personal care and aesthetic enhancement. This sector continuously evolves with new trends, technologies, and consumer demands, offering a dynamic landscape for businesses to thrive.
Franchise Fee and Costs to Open
Exploring the financial picture of MOXIE SALON AND BEAUTY BAR gives insight into both the upfront commitment and the potential revenue opportunity. According to FDD Item 7, opening this franchise typically involves an investment in the range of $157,900 - $404,000, along with a franchise fee of $39,000 - $39,000.
Financial Performance and Revenue
Yearly gross sales of $744,722 and estimated earnings of $104,262 - $134,050 show the potential financial performance of this franchise. These figures are crucial for prospective franchisees as they help to project revenue and profitability. They offer insight into the business's ability to generate income and can be used to compare its performance against other investment opportunities. The Franchise Payback Period of 2.9-4.9 provides an estimation of the time it might take for an owner to recover their initial investment. This metric is a key consideration for anyone evaluating the financial viability of a franchise, as it relates directly to the speed at which the business can become profitable. A shorter payback period can indicate a faster return on capital, which is a significant factor in making an informed decision about a franchise investment.
Training and Resources
MOXIE SALON AND BEAUTY BAR provides comprehensive initial training for new franchisees. This program, lasting two weeks, takes place at MOXIE's headquarters. The franchisor offers hands-on experience and in-depth operational guidance. MOXIE SALON AND BEAUTY BAR also provides extensive resources covering marketing, branding, and operational best practices.
Legal Considerations
Legal considerations for a MOXIE SALON AND BEAUTY BAR franchisee are defined by the Franchise Disclosure Document (FDD) and the Franchise Agreement. This franchise does not disclose lawsuits or bankruptcy information in its FDD, but prospective franchisees should still review all terms thoroughly. Consultation with a qualified attorney is essential before making commitments.
Challenges and Risks
A franchisee may encounter considerations regarding local market saturation, requiring strategic differentiation. Operational complexities in managing staffing, appointment scheduling, and inventory demand efficient systems. Dependence on specific suppliers for unique product lines presents a factor in maintaining service standards and availability. Adapting to evolving beauty trends and consumer preferences is also a continuous aspect of the business.
Franchise Datasheet
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