– Initial Franchise Fee
- $10,000 Multi-Unit
- $25,000 Sigual Unit (Terms ⅓,⅓,⅓)
– Travel and Living Expenses While Training
- $1,650 (Silver, Gold)
- $2,350 (Platinum)
– Deposit and Leasehold Improvements
- $7,000 (Silver)
- $25,000-$75,000 (Gold)
- $75,000-$175,000-(Platinum)
– Tent Improvement Range $25-120 per sf.(LandLord Reimbursement)
– 3 Months’ Rent
- $4,500 (Silver)
- $8,400 (Gold)
- $14,500 (Platinum)
– Architect/Design Fees
- 1,500 (Silver)
- $7,000 (Gold)
- $10,000 (Platinum)
– Furniture, Fixtures and Equipment
- 2,500 (Silver)
- $15,000-$25,000 (Gold)
- $45,000 (Platinum)
– Office Supplies
- $1000 (Silver)
- $1,500 (Gold)
- $2,500 (Platinum)
– Technology Package and Licenses
- $500(Silver, Gold, Platinum)
– Interior & Exterior Signage
- 1,000 (Silver)
- $6,000 (Gold)
- $10,000 (Platinum)
– Initial Retail Inventory
- $500 (Silver, Gold)
- $1000-$2,000 (Platinum)
– Initial Supply Inventory
- $2,500 (Silver)
- $6,000 (Gold)
- $10,000 (Platinum)
– Grand Opening Advertising
- $500 (Silver)
- $1,000 (Gold)
- $2,500 (Platinum)
– Insurance
- $1,000 (Silver, Gold)
- $1,200 (Platinum)
– Miscellaneous Expenses
- $500 (Silver)
- $1,000 (Gold)
- $2,000 (Platinum)
– Additional Funds and Working Capital for First 3 Months
- $5,000 (Silver)
- $10,000 (Gold)
- $30,000 (Platinum)
ESTIMATED TOTAL
- SILVER MODEL (Starter)= $30,000-$54,650
- GOLD MODEL (Express)=$105,550-$161,650
- PLATINUM MODEL (Full)=$180,550-$317,550
- Estimated time to open- 4-12 months
Type of Fee | Amount |
Royalty Fee | 3% of gross revenue each month. |
General Advertising and Marketing Fund Contributions | Currently 1% of gross revenue each month. |
Ongoing Purchases of Lash and Co Products | Will vary under the circumstances. |
Technology Fee | Currently, $399 per month, plus $50 to $100 per month for optional mobile device management services. |
Charitable Contribution | $0 per month. This is up to each Franchisee |
Marketing Materials | Variable, but is currently $200 to $500 per quarter. Business Cards,Swag,In-house print. |
Conference Fee | Currently, $499 for early registration, $599 for regular registration, and $699 for late registration. |
Continuing Engagement Credit Fees | None. |
Training No Show Fees | Currently, $500, or the actual costs of rescheduling travel, whichever is greater. |
Training Compliance Fee | Currently, $500 |
Training Fee for Each New Aesthetician | Currently no charge for virtual support. If support is provided by the Corporate onboarding team any location or HQ, the current fee is $500 per new hire. If actual travel and lodging expenses are necessary then the franchisees will be billed for these expenses. |
Additional Services Training | Currently, no charge for aestheticians who attend virtual training, if offered. If training is provided on-site at the franchisee’s location the franchisor will charge $500 – $1,000 per day, plus actual travel and lodging expenses per trainer. |
EDU Courses | All Franchisees are eligible to attend all Lash and Company Edu courses free of charge. |
Retail Recharge | Currently, not charged. |
Peer Compliance Committee Default Fee | Up to $1,000 per violation. |
Renewal Fee | $4,000, reduced to $3,000 if the franchisor receives the fee, and all signed renewal documents, at least 30 days before the franchise expires. |
Transfer Fee | $7,500 or $12,000 |
Relocation Fee | $1,500 plus the franchisor’s expenses. |
Audit | Cost of audit. |
Inspection Fee | Currently, up to $500 per failed inspection. |
Additional On-site Operations Training | Currently, $500 – $1,000 per day plus travel costs and expenses, per trainer. |
Standard Default Fee | Up to $250 per violation. |
Insurance Handling Fees | None. |
Indemnification | Will vary under circumstances. |
Liquidated Damages | $10,000 |
Cost of Enforcement or Defense | All costs including accounting and attorneys’ fees, will vary under the circumstances. |
Interest | Lesser of 1.5% per month or highest rate of interest allowed by law. |
Late Report Fee | $100 per violation. |
Insufficient Funds Fee | $100 per check that franchisees submit to the franchisor that is returned for insufficient funds, and $100 each time that the franchisor is unable to collect via EFT due to insufficient funds. |
Resale Assistance Program | $549, plus $99 per month until franchisees sell their business or decide to terminate their participation in the program. These prices are per Lash and Company. |
Re-Invention Program | $0.25 per square foot per month. |
Recertification Training Fee | $500 – $1,000 per day, plus actual travel and lodging expenses per trainer. |
Additional Email Addresses | $20 per month for each additional 5 email addresses and mailboxes. |
Grand Opening and Ramp Up Plan | $2,000 |
Local Advertising | $1,000-$1750 per month. |