Faces Cosmetics & Spas

FACES, a promising, established cosmetics, skincare, and spa retail franchise concept poised for exceptional growth! Aside from its prestige product offerings, FACES takes a customized and personalized approach to customer service. For example, we offer customers the ability to customize shade combinations in order to meet their personal preferences. We believe that this tailored approach to makeup and skin care is unlike anything that American consumers have experienced before in a retail cosmetic store.”

FACES is widely recognized for its one-on-one personal services for customers and a versatile prestige product line that caters to women of all skin tones and age groups all at retail prices 10 percent to 20 percent less than most competitors. Its strategy for successful franchise expansion in the United States focuses on finding qualified franchise candidates with previous retail and franchise experience who want to diversify their existing portfolios by opening multiple units in their desired market. FACES also gladly offers single-unit opportunities. Product costs are nearly half of those of some of our competitors. Material costs for franchisees are further reduced by the introduction of spa services, which carry extremely low overhead costs. Overall start up costs for a FACES retail store range from $250,000-$300,000.

“Our products and services are in high demand in a booming market segment. Combining the sale of cosmetics, skin care, and anti-aging products with spa services, such as facials, waxings, manicures and pedicures all under one roof in a beautifully appointed retail store setting primarily in malls is unique. “FACES is a truly beautiful franchise opportunity.”

BACKGROUND

Established: 1974
First Franchised: 1983
Franchised Units: 55
Company Owned Units: 4
Projected New Units (next 12 Months): 24-40
Registered: (In all states but re-filing FDD in all. No problems anticipated.

FINANCIAL/TERMS

Cash Investment: $90-125K
Total Investment: $250K to $325K
Minimum Net Worth: $300K
Franchise Fee: $27.5K (Single Unit)
Area Development Fees decrease with greater store number commitments.
Royalty: 6%
Adv: 2%
Average Number of Employees: 3-6 Full Time Employees. Variable part time
Passive Ownership: Yes, providing a management plan is in place and approved.

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