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Some Commonly Asked Questions About How to Own a Skincare Business with Skinphorea Facial Bar
We seek enthusiastic owner-operators! If you are an esthetician or medical professional, who is familiar with our industry, or business builder who is new to the industry but recognizes a great opportunity, we are happy to talk with you about the Skinphorea Facial Bar franchise program. Many of our clients are referred by their dermatologists, so this would make an excellent add-on business for those in the field of dermatology. Investors are welcome to inquire if they have an interested partner from within the industry to operate the business. We are looking for financially qualified individuals who share our passion for helping people live happier, more confident lives.
At Skinphorea Facial Bar, we offer initial and ongoing training to our franchise owners, as well as access to proprietary business coaching through Skinphorea University. Franchise owners and their general managers will attend classroom and on the job training at our flagship location. The maximum duration of this course will be eight days, and then five more days will be spent with the franchise owner at the new location around the launch of the facial bar. In addition, you will have access to our exclusive confidential operations manual to help operate your location properly on a day-to-day basis.
The total initial investment necessary to begin operations ranges from $196,915 to $554,965 per location. This includes a $50,000 initial franchise fee for a single unit agreement.
We do not provide direct financing to franchise owners, but we may refer to financing sources on a case-by-case basis.
We charge a royalty fee equal to 6% of gross revenues. Fees such as these allow us to fund our ongoing support services, training, and the continued development of product and supply channels, marketing tools, training programs, and systems upgrades to guide you when you own a skincare business with Skinphorea Facial Bar. For a full list of fees and requirements, please refer to our Franchise Disclosure Document (FDD).
Skinphorea Facial Bar franchise owners will spend a minimum of $5,000 on grand opening promotions within the first sixty days their facial bar is open. They will be required to spend between 1% and 3% of gross revenues (but not less than $1000 per month) on local marketing. Franchise owners will also contribute the greater of 1% of gross revenues or $125 a week into the system marketing fund. Collected funds will be used to develop marketing strategies to promote the Skinphorea Facial Bar brand.
The initial term of your agreement is ten years, with two subsequent successor agreement options of five years each.
If you’re interested in learning more about how to own a skincare business with Skinphorea Facial Bar, contact us at (313) 888-9003 or franchise@skinphorea.com, or by using the form provided on this site to discuss the possibility of setting up a meeting, speaking with our key management staff, and receiving our FDD which contains all the important details you’ll need to make an informed decision.