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Glamour Secrets

The pioneer of the one stop beauty superstore that combines a tremendous variety of beauty products with the compliment of a full service salon. As most salons are not set up to be retailers of high quality products, Glamour Secrets fills the niche perfectly providing several complete lines of beauty products to consumers at affordable prices in a very convenient, high visibility, and high traffic locations. Glamour Secrets supplies an astonishing selection of 4000 products.

Background

Year Established: 1990
Year Franchised: 1994
# Franchises Sold: 57
# Franchises Open: 55
# Masters Sold: 5
# Masters Open: 3

Financial / Terms:

Cash Liquidity: $500K
Min. Net Worth: $1M
Total Investment: $307.5-1.13M
Franchise Fee: $105K-777K
Royalty: 6%
Ad Fee: 1%
Franchise Fee Split: 75% (of $25K)
Royalty Split: 4% (of 6%)
Avg. # Employees: 5-10
Passive Ownership Allowed: Possibly, as long as certain qualifications are met

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