PROSE Boutique Franchise Review
PROSE Boutique is analyzed based on our most recent FDD research!
Franchise Data
PROSE is a nail salon that offers membership subscriptions for its clients. It is a hand and foot care franchise offering services through boutique locations and proprietary products.
What are the requirements to buy an PROSE Boutique franchise?
PROSE Boutique has an initial franchise fee of up to $45,000, with a overall initial investment range from $430,823 to $680,183.
- Initial Franchise Fee: $45,000
- Total Investment: $430,823 to $680,183
- Working Capital: $40,000 to $70,000
- Royalty Fee: 6.0%
The initial investment of any franchise includes several fees. Explore this investment opportunity to better understand the specific costs required to buy an PROSE Boutique, such as franchise fees, construction and costs, grand opening, advertising, and equipment purchases.
Can you Afford a PROSE Boutique Franchise. Complete our Affordability Calculator to find out!
How much does an PROSE Boutique franchise owner make?
As with any new franchised business, the franchise owner's income and the profits from a PROSE Boutique franchise depends on a lot of different factors. One way to validate the potential revenues or profits generated from a PROSE Boutique franchise investment is to review the franchisor's Item 19 within their Franchise Disclosure Document. Usually, profits and owner's income are proportionate to the size of the investment and number of locations you buy. Demand for your products, the labor costs, commercial lease rates and several other variables also play a huge role in your profit margin and your personal income
For additional information and system-specific data on the profits of an PROSE Boutique franchise, unlock this franchise
How many franchise locations does PROSE Boutique franchise have?
As of the 2020 Franchise Disclosure Document, there are 9 franchised PROSE Boutique locations throughout the USA.
Did you know there are over 3,000 franchise opportunities across the United States. More than 80% have less than 10 locations.
Are there any PROSE Boutique franchises in my area?
Based on 2020 FDD information, PROSE Boutique has franchised locations in 7 states.
Based on the data collected PROSE Boutique is expanding into new locations and could be available in your city. While planning your franchise purchase, you should be thinking about what is a good location for my business. Review the potential customer base to confirm that your city has a need or customers for this business. Even the most successful franchises have regions that they are not successful in. The reasons why a specific franchised location can fail are plentiful. You should research not only the business opportunity itself, but anlayze locations where you think the franchise has a better chance of long-term success.
One of our consultants will have detailed knowledge about this brand. Unlock to learn more and connect with our advisors.
Last Reviewed: 2020
Sector: Personal Services
Category: Wellness and Nutrition
PROSE Boutique Franchise INFORMATION
10 Years
10 Years
0
9
6.0%
2.0%
EXTRA INFORMATION
Do they provide any initial training and opening assistance?
Yes, they have an initial training program of 67 hours. This includes 35 hours of classroom training, 32 hours of on-the-job training, and 0 hours of online training. In their FDD they outline who's in charge of the training. Unlock to find out more.
| Online | 0 |
|---|---|
| On-the-Job | 32 |
| Classroom | 35 |
| Total | 67 |
Do they offer Territory Rights?
PROSE Boutique does NOT offer territory protections. For an explanation of territorial rights, unlock this franchise for important details.
Do they have computer and technology support in place?
Yes, PROSE Boutique offers comprehensive support for franchisees. Unlock this franchise to find out more.
How long ago did they start franchising?
They began franchising in 2017. The average Wellness and Nutrition franchise began franchising in 2013.
Does PROSE Boutique offer lending options?
No, but you can click here to fill out our affordability calculator and understand your financing options.
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- Growth projections
- Turnover projections
- Financial details
- Initial and renewal terms
- Royalties and marketing fees
- Key Franchise FAQs
- Our grade and free access to consult with a franchising expert
- How much do franchise owners historically make?
- Do they provide Veteran or First Responder discounts?
- Do they use public figures to promote their franchise?
- Do they disclose any bankruptcies?
- Is this franchise related with any other franchise opportunities or private equity investment groups?
- How many new locations have they sold within the last 5 years?
- How many franchised locations have closed within the last 5 years?
- How many new outlets have they sold in the last 5 years?
- How many franchised locations have terminated within the last 5 years?
- Do they operate any corporate or affiliate owned locations?
- How many years is their initial and renewal term lengths?
- How do they solve franchise disputes?
- How long have they been franchising?
- Are they expanding into Canada or other Countries?
- How often are royalties and advertising fees paid to the franchisor?
- How are territories defined?
- What support can you expect to receive from the franchisor?
- Why has new franchise outlet growth been so high?
- What are the critical requirements for managing a successful franchised location in this brand?
- Are you required to work in the outlet or is this a passive investment opportunity?
- Do they offer multi-unit discounts for buying more than one franchise location?