Nail salons and nail technicians will always be in demand. This has been true for years and will continue to be. Men and women who wish to look good know how important a manicure and pedicure can be. It improves their appearance and appeal, but it also gives a mental boost and improves self-confidence. If you’re considering starting a nail salon, a franchise may be the best way to get started. There are many nail salon franchise opportunities to choose from, including the Freecoat nails franchise for sale.
Unsure of which to explore, here are some nail salon franchise options.
Freecoat Nail Franchise
Freecoat Nail franchise offers entrepreneurs and investors a chance to buy into a growing non-toxic beauty bar industry. The nail salon franchise offers organic practices that help more people reduce their chemical intake.
Freecoat franchising opportunity has been on an uptick and is in high demand, especially as the clean beauty sector grew by 42% between 2017 and 2018. The demand for the franchising opportunity is even higher as the industry is projected to hit a $22 billion revenue mark by 2024.
With an increasing sensitization towards clean living and healthy practices, the Freecoat nail salon franchise is properly positioned to scoop more customers.
Franchisees will have access to everything they need to become established, from learning and training in a fun environment at the Freecoat University to other support services.
Miniluxe
Miniluxe offers interested entrepreneurs a chance to buy into the nail salon industry. Established in 2006, the company became a franchise in 2010 and has grown to over 50 locations.
Buying into Miniluxe can be expensive, especially as entrepreneurs must make an initial investment of between $250,000 and $350,000. Investors are also required to show a minimum net worth of $500,000 and a minimum liquid capital of $100,000 to show that they have what it takes.
Regal Nail Salon & Spa
Established in 1997, Regal Nail Salon & Spa became a franchise in 2005. They have since expanded to over 800 units across different locations.
The buy-in for this franchise has grown over the years. The initial investment requirement has grown to about $748,000, putting it out of reach of many investors and entrepreneurs. Franchisees should also be aware of the $25,000 royalty fee.
Prose
Prose came into the nail industry with a clear goal, to become a franchise. Established in 2017, it became a franchise only a year later. The franchise now has over ten units across different locations in the United States.
Interested franchisees must make an initial investment of between $430,853 and $630,183. More than this, there is a franchise entry fee of $45,000 and a 6% Royalty fee attached.
Modern Nail Care
Modern Nail Care was established in 2014, and by 2015, it’d already become a franchise. Being a little young in the industry, they’ve only spread to about 23 units across the United States with a fairly acceptable initial investment requirement of between $200,000 and $420,000.
Interested franchisees will be required to pay a $49,500 franchise fee as well as 5.5% in royalty fees.
Namaste Nail Sanctuary
One of the more recent nail salon franchises was established in 2017. By 2017, they’d already become a franchise and currently have over 6 units across the United States.
The initial investment requirement has grown over the years to between $230,000 and $500,000. The franchise also charges an entry fee of $39,000 and a 1% fee for royalties.
Herbal Nail Bar
One of the organic nail salon franchises in the United States. They came into the business in 2016 and, by 2019, became a franchise with opportunities for investors and entrepreneurs. The initial investment requirement has risen to between $250,000 and $300,000, while a franchise fee of $29,900 is required from all new entrants.
Franchisees will also be required to pay 5% of earnings in Royalty fees.
Bellcaures Nail Salons
Bellacures Nail Salons has been around for some time. Established in 2006, it took time to grow and establish a brand before establishing a franchise in 2010. With more than 7 locations at present, the initial investment requirement is pegged around $300,000.
Interested franchisees will pay about $95,000 in franchise fees and about 6% in royalty fees.
Nail Garden
Located in Flower Park, NY, this franchise was established in 2006 and has grown to more than 14 locations. The initial investment requirement has also grown to about $560,000 with a $45,000 franchise fee requirement.
Franchisees will also be required to pay a 6% royalty fee.
Camille Albane
One of the biggest nail salon franchises with over 250 units across the United States. The franchise is also one of the oldest, having been around since 1954.
The initial investment requirement is pegged at around $430,000 with a $40,000 franchise fee and a 5% royalty fee.
