Unit Performance Report: Franchises in the Beauty Industry
Company Added
Company Removed
Apply to Request List

Unit Performance Report: Franchises in the Beauty Industry

This report compares ten systems in the beauty industry: five in the tanning centers sub-sector and five in the hair care sub-sector. FRANdata examines the initial investment, unit financial performance and the ongoing fees of the systems.

The average initial investment for the sample is $337,065. The two sub-sectors display a significant difference in their initial cost estimates: $196,619 for the hair care and $424,844 for the tanning sub-sector. The higher costs of the latter are due to large tanning equipment expenses. In fact, tanning and related equipment is the largest item comprising initial investment for the tanning sub-sector. Leasehold improvements is the largest for the hair care sub-sector.

The large initial investment for the tanning salons impacts the initial investment per square foot measures. At an average of 2,000 sq ft, the tanning sub-sector's average unit size is 58% larger than the average of the hair care units, at an average of 1,270 sq ft. The tanning sub-sector's average initial investment per square foot is 55% larger than that of the hair care sub-sector, or $240 vs. $155, respectively.

Published: September 22nd, 2008

Share this Feature

Dunkin'
SPONSORED CONTENT
Dunkin'
SPONSORED CONTENT
Dunkin'
SPONSORED CONTENT

Recommended Reading:

Comments:

comments powered by Disqus
PuroClean
ADVERTISE SPONSORED CONTENT

FRANCHISE TOPICS

CRISP & GREEN®
ADVERTISE SPONSORED CONTENT
Conferences
InterContinental, Atlanta
JUN 21-24TH, 2021

The Only All-In-One Reputation Management Solution. Consumer Fusion works with you to keep your reviews honest. Review Requests Get New Authentic...
The Constant Contact Franchise partner program is built to simplify the complex and confusing task of marketing your franchise. We’ve got all the...

Share This Page

Subscribe to Franchise Leadership & Development Report