Jon Ric International Salon and Day Spas
Jon’Ric International is the pioneer of the upscale franchise “Specialty Spa” and to offer co-branding. We hold a strong position in the Beauty and Wellness Industry, with high quality of services and products. Jon’Ric International is only selectively distributing salon & day spa franchises and license agreements after careful due diligence of applicants for national and international development. We only accept individuals or groups with a solid business and financial background to carry the Jon’Ric name.
Advantages and benefits…
We offer unique advantages and benefits that are rarely found in the industry anywhere else. Our highest standards set the framework of requirements to become a member of the Jon’Ric franchise. The following illustrates our guiding principles:
A successful franchise requires a minimum net worth of $250,000 and liquid assets of $150,000. The average initial investment for a standard 1,000 to 3,000 square foot location, depending on equipment selection, condition of site and landlord leasehold improvement allowance, ranges between $96,500 and $350,000. The franchisee’s initial investment includes the franchise or license fee (see below), complete interior layout and design, tenant leasehold improvements, equipment and fixtures, opening inventory, rent and security deposits, initial training for franchisee and manager, professional fees and working capital.
We provide ongoing assistance…
Background
Year Established: 1980
Year First Franchised: 1990
Franchised Units: 53
Company Owned Units: 1
Projected New Units (12 months): 20
States/Countries Registered In: All
Availability in Canada: Masters / Area Developer Yes
States, from which Broker Referrals ARE or ARE NOT (whichever is easiest to list) being accepted: All
Financial/Terms
Cash Investment: 50k
Total Investment: $50k-$400k
Minimum Net Worth: $150k
Franchise Fee: $30k
Discounts: VetFran, Women, Minorities? No
VetFran Program Participant: No
Royalty: Flat $100/week
Ad: No
Average # of Employees: 2-5
Passive Ownership Allowed: Yes, if certain conditions are met
Earnings Claims: No
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