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General

Industry

Health and Beauty

Category

Health and Beauty

SBA Identifier

-

Year of Founding

2016

Fees

Marketing Fee

2%

Royalty Fee

6%

Franchise Fee

$45,000-$45,000

Investment Range

$698K-$852K

Location units

Total U.S. Locations

0

U.S. Franchised Units

0

U.S. Corporate Units

0

Headquarters (City)

FL

Other

Item 19 - Franchise Financials

-

Financing Availability

no

Started Offering Franchises

2019

Issuance of FDD Data

02/07/2019

What to know about Le Trieu franchise?

The franchise offered is for the establishment and operation of a nail salon which provides general day spa services including manicure, pedicure and other nail treatement services, waxing, facials, massages, and eyelash extensions. Le Trieu Corporate LLC provides the Le Trieu franchise which establishes a comteporary nail salon setting with a focus on new trends and technology in the salon industry.

Le Trieu is based in Coral Springs, FL. Scroll down to learn more!

How Much Does a Le Trieu Franchise Cost?

Are you wondering how much is a Le Trieu franchise? Before starting a Le Trieu franchise, it is important to know the Le Trieu franchise fee ($45,000) working capital and other costs required to start the business.

The minimum investment amount required to open a Le Trieu franchise is $697,500 and can go all the way up to $852,000. Keep in mind, you should also allocate additional funds to live off of while the Le Trieu business ramps up. This can take as little as 6 months to over 2 years depending on the franchise opportunity. You should speak to at least 5 Le Trieu franchisees to understand the true cost of opening the franchise and how long it takes to: 1) start a Le Trieu business 2) pass break even 3) hit significant income.

After (and if) you pass the point of earning significant income from your Le Trieu franchise, there may be enough margin to hire a day-to-day manager and work less hours in the business.

Franchise Net Unit Growth

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Industry Report Request

Download our guide to compare Le Trieu. Hotels to the Cleaning and Maintenance, Outdoor Maintenance industry.

Franchise Data

Year Start of year Units Opened Units Closed Total End of Year

Additional Details

How much does a Le Trieu franchise owner make?

Le Trieu franchise earnings and revenue can vary significantly from one franchisee to another. The Le Trieu franchise owner profits can be influenced by labor costs, lease rates, hours worked as well as other factors.

Le Trieu unfortunately does not disclose financials on how much Le Trieu franchise owners make. This means they do not disclose sales or earnings for franchisees operating in the U.S.

Every franchisor is required by law to disclose income statements and balance sheets for how the franchisor is performing but not for the franchisee level. Unfortunately, Le Trieu does not make it easy to understand franchisee financial performance. This can be seen as a red flag and it is important to be that much more diligent in your conversations with Le Trieu franchisees. Do note that Le Trieu is not alone as about 40% of franchises do not disclose franchisee financial performance.

At Vetted Biz, we suggest you to speak with 5 to 10 Le Trieu franchisees to understand how much money they are making from their Le Trieu business.

You should also speak to former Le Trieu franchisees to understand why they left the system. Did they sell their Le Trieu at a profit? Were they forced to close their Le Trieu franchise down because it kept losing money?

What is the Le Trieu Franchise Fee?

Owning a Le Trieu franchise requires a 6% royalty fee and a 2% marketing fee. These two expenses represent the main ongoing costs you can expect to pay the franchisor throughout the franchise relationship.

Keep in mind, there is also an initial Le Trieu franchise fee of $45,000 that is included in the initial investment amount of $697,500 to $852,000. Depending on the franchise agreement you sign, you might have to pay the full franchise fee again if you decide to extend the Le Trieu franchise relationship. Consult with a licensed franchise attorney to understand exactly what you receive for paying the Le Trieu franchise fee of $45,000.

Visit the Le Trieu metrics tab to explore how the franchise, royalty and marketing fees compare to other Health and Beauty franchises. You can also compare these fees for 2,000+ franchises currently offered in the U.S.

When was Le Trieu founded?

Le Trieu was founded 6 years ago in 2016. Le Trieu started offering franchises in 2019. At Vetted Biz, we recommend franchises have 3-5 corporate locations and 5+ years of experience before offering a franchise. There needs to be proof that the business model works and is replicable before offering the franchise to other!

How many Le Trieu locations are in the U.S.?

As of Issuance of 2019, there were 0 Le Trieu locations owned and operated by franchisees across the U.S. There are also 0 corporate locations owned and operated by Le Trieu. Most Health and Beauty franchises like Le Trieu have more franchised locations than corporate locations.

How many Le Trieu franchises opened over the past few years?

Over the prior 3 years we have data for, Le Trieu has opened 0 outlets throughout the U.S.

Visit the Le Trieu metrics tab to explore how the openings compare to other Health and Beauty franchises.

How many Le Trieu franchises closed over the past few years?

Over the prior 3 years we have data for, Le Trieu has closed 0 outlets throughout the U.S.

Visit the Le Trieu metrics tab to explore how the closures compare to other Health and Beautyfranchises.

Is Le Trieu growing? Are they opening more locations than they are closing?

The net unit growth rate for Le Trieu over the past 3 years is N/A. Over the last year we have data for, Le Trieu had a net unit growth rate of N/A.

Without a comparison, this number doesn’t mean much. Compare how the Le Trieu growth rate compares to 2,000+ other franchises and Health and Beauty franchises like Le Trieu. More info in the Le Trieu metrics tab.

Is Le Trieu franchise eligible for an SBA Loan?

Le Trieu is not eligible for SBA loans including the 7(a) loan last time we checked.

Le Trieu franchise does not have a SBA Franchise ID and was not in the SBA Franchise Directory. The SBA Franchise Directory will only include business models like Le Trieu that are reviewed and found eligible under SBA's affiliation rules and other eligibility criteria.

To find out more about the SBA loan program for franchising click here.

Is Le Trieu a franchise in the United States?

According to the SBA, Le Trieu does not meet the Federal Trade Commission (FTC) definition of a franchise.

Many popular brands like Starbucks and Topgolf are not franchises in the U.S. but franchise outside of the United States. Be sure the franchisor provides you with an updated Franchise Disclosure Document as this is one of the key indicators that the business opportunity is truly a franchise in the U.S.

The FTC Franchise Rule requires franchisors to provide all potential franchisees with a disclosure document (FDD) containing 23 items of about the franchise, its officers, and other franchisees. Be sure that Le Trieu provides you with an FDD if you are in discussion to buy a Le Trieu.

What is the Le Trieu Franchise for Sale Rate?

The Le Trieu systemwide health and franchisee satisfaction can be measured by the Le Trieu franchise for sale rate. The franchise for sale rate is calculated by the percentage of units transferred to new franchisees and reacquired by franchisor.

The franchise for sale rate for Le Trieu over the past 3 years is N/A. Over the last year we have data for, Le Trieu had a franchise for sale rate of 0%.

Without a comparison, this number doesn’t mean much. Compare how the Le Trieu franchise for sale rate compares to 2,000+ other franchises and Health and Beauty franchises like Le Trieu. More info in the Le Trieu metrics tab.

What is the Le Trieu Franchise Failure Rate?

Le Trieu franchise failures comprise franchise terminations, franchise non-renewals, and franchises that ceased operations for other reasons. The failure rate is one of the most important franchise metrics to consider when investing in a franchise!

Le Trieu failure rate over the past 3 years is N/A. Over the last year we have data for, Le Trieu had a franchise failure rate of N/A

Without a comparison, this number doesn’t mean much. Compare how the Le Trieu failure rate compares to 2,000+ other franchises and Health and Beauty franchises like Le Trieu. More info in the Le Trieu metrics tab.

How can I find out more details on Le Trieu franchise?

Visit the Le Trieu metrics tab to explore franchise profitability, industry comparables and more. Become a Vetted Member today for exclusive access on this franchise opportunity!

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General

Industry

Health and Beauty

Category

Health and Beauty

SBA Identifier

-

Year of Founding

2016

Fees

Marketing Fee

2%

Royalty Fee

6%

Franchise Fee

$45,000-$45,000

Investment Range

$698K-$852K

Location units

Total U.S. Locations

0

U.S. Franchised Units

0

U.S. Corporate Units

0

Headquarters (City)

FL

Other

Item 19 - Franchise Financials

-

Financing Availability

no

Started Offering Franchises

2019

Issuance of FDD Data

02/07/2019

Franchise Fee Midpoint

The percentage change of total franchise units from one year to the next

 

1 year

3 years

Le Trieu

[0%]

[0%]

Industry median

All franchises median

Unlock premium content

Franchise Disclosure Document

Download Latest FDD (2019)

Net Unit Growth (most recent year)

Net Unit Growth (3 years)

Failure Rate

Franchise failures comprise franchise terminations, franchise non-renewals, and franchises that ceased operations for other reasons.

 

1 year

3 years

Le Trieu

NA

NA

Industry median

All franchises median

Unlock premium content

Franchise for Sale Rate

The percentage of units transferred to new franchisees and reacquired by franchisor.

 

1 year

3 years

Le Trieu

NA

NA

Industry median

All franchises median

Unlock premium content

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Founding year
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Investment Midpoint

The average of the low and high range of the investment amounts calculated from the most recently available Franchise Disclosure Document

Le Trieu

$774,750

Industry median

All franchises median

Unlock premium content

Royalty Fee

The median royalty fee from the Franchise Disclosure Document

Le Trieu

6%

Industry median

All franchises median

Unlock premium content

Franchise Fee Midpoint

The percentage change of total franchise units from one year to the next

 

1 year

3 years

Le Trieu

[0%]

[0%]

Industry median

All franchises median

Unlock premium content

Item 19 – Financial Performance Representations

Historical financial performance representations

Unlock premium content

Franchise Financials

Franchisor company financial information and financial performance representations, if disclosed by the franchisor.

Unlock premium content

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Business details

Company name

-

Business email

tony@letrieunaillounge.com

Mailing address

3301 N. University Drive, Suite 420

State headquarters

Florida

Key leadership

Le Trieu

Phone

+1 (000) 000-00-00

City

Coral Springs

Zip code

33065

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