Salons by JC Franchise FDD, Profits, Costs & Fees (2024)
Salons by JC, founded in 1997, began with a vision to provide beauty professionals with the opportunity to own and operate their own salon businesses within a supportive and upscale environment.
Headquartered in San Antonio, Texas, the company opened its first location in North Dallas. By 2008, Salons by JC began franchising, expanding its unique salon suite model across the United States and Canada.
The franchise offers a distinctive concept within the $46 billion salon industry by providing luxurious, fully customizable salon suites to licensed beauty and wellness professionals.
This model attracts experienced professionals, allowing them to operate their businesses independently while benefiting from the brand’s comprehensive support system.
Salons by JC Franchise Stats
Salons by JC
Number of units: 121 franchises
Initial investment: $1,310,000 - $2,027,000
Average revenue (AUV): $529,000
Initial Investment
How much does it cost to start a Salons by JC franchise? It costs on average between $1,310,000 – $2,027,000 to start a Salons by JC franchised shop.
This includes costs for construction, equipment, inventory, and initial operating expenses. The exact amount depends on various factors, including the location, and whether the franchisee chooses to lease or purchase the property.
Type of Expenditure | Amount |
---|---|
Initial Franchise Fee | $60,000 |
Initial Training | $0 – $1,000 |
Travel and Living Expenses During Training | $1,500 – $2,500 |
Site Selection Assistance and/or Site Evaluation Expenses | $0 – $1,000 |
Security Deposits – Lease and Utilities | $10,000 – $35,000 |
Insurance Premium, 3 months | $900 – $1,500 |
Business License and Permits | $100 – $300 |
Rent, 3 months | $0 – $65,000 |
Blueprints, Plans, Permits, Architectural Fees | $62,200 – $93,300 |
Leasehold Improvements | $1,002,000 – $1,503,000 |
Signage and Graphics | $12,480 – $18,720 |
Furniture, Fixtures and Equipment | $133,800 – $200,700 |
Internet, 3 months | $375 – $900 |
Initial Inventory and Operating Supplies | $2,000 – $4,000 |
Initial Marketing Spend | $15,000 – $20,000 |
Additional Funds, 3 Months | $10,000 – $20,000 |
TOTAL ESTIMATED INITIAL INVESTMENT | $1,310,355 – $2,026,920 |
Average Revenue (AUV)
How much revenue can you make with a Salons by JC franchise? A Salons by JC franchised facility makes on average $529,000 in revenue (AUV) per year.
Here is the extract from the Franchise Disclosure Document:
This compares to $446,000 yearly revenue for similar full-service franchises. Below are 10 Salons by JC competitors as a comparison:
Salons by JC Franchise Disclosure Document
Frequently Asked Questions
How many Salons by JC locations are there?
As of the latest available data, Salons by JC operates over 120 locations across the United States and Canada. Of these, the majority are franchise-owned, with a smaller number of corporate-owned locations. Specifically, there are approximately 110+ franchise-owned locations, while around 10 are company-owned.
What is the total investment required to open a Salons by JC franchise?
The total investment required to open a Salons by JC franchise ranges from $1,310,000 to $2,027,000.
What are the ongoing fees for a Salons by JC franchise?
For a Salons by JC franchise, franchisees pay a 7% royalty fee and a 2% marketing fee, both based on gross sales. These fees cover ongoing support and collective advertising efforts to help maintain and grow the business under the franchise system.
What are the financial requirements to become a Salons by JC franchisee?
To become a Salons by JC franchisee, the financial requirements include a minimum net worth of $2 million and at least $750,000 in liquid capital. These requirements ensure that potential franchisees have the financial capacity to invest in the franchise, cover operational costs, and sustain the business during the early stages of development.
How much can a Salons by JC franchise owner expect to earn?
The average gross sales for a Salons by JC franchise are approximately $0.53 million per location. Assuming a 15% operating profit margin, $0.53 million yearly revenue can result in $79,500 EBITDA annually.
Who owns Salons by JC?
Salons by JC is owned by Steve Griffey, who has played a significant role in the company’s development since its early days. Griffey has been instrumental in shaping the franchise model and driving the company’s growth, leading Salons by JC to become a major player in the salon suite leasing industry.
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