About Inactive - PROSE Salons - FDD Franchise
PROSE Salons was a hair care and beauty franchise operated by PROSE Franchising, LLC that provided full service salon experiences in a polished, professional setting.
The brand aimed to deliver high quality hair styling, coloring, and beauty treatments to a clientele that appreciates attention to detail and a welcoming atmosphere.
The franchise fee ranged from $30,000 to $45,000, reflecting different market and location options.
Inactive - PROSE Salons - FDD Franchise Cost & Fees
| Fee Type | Amount | Notes |
|---|---|---|
| Initial Franchise Fee | $30,000 to $45,000 | One-time payment upon signing |
| Royalty Fee | 6% of Gross Revenue of gross sales | Ongoing; paid monthly |
| Marketing/Ad Fund | If you are required to participate in a Cooperative, you will be required to pay | National brand fund |
| Total Investment Range | $328,750 – $570,109 | Includes build-out, inventory, working capital |
The investment range of $329K–$570K reflects variability in build-out costs, store size, lease terms, and market. The combined royalty (6% of Gross Revenue) and marketing fee (If you are required to participate in a Cooperative, you will be required to pay) are ongoing costs paid as a percentage of gross sales.
Investment Breakdown (Item 7)
| Item | Low | High |
|---|---|---|
| Initial Franchise Fee2 | $35,000 | $45,000 |
| Lease Security Deposit3 | $0 | $5,539 |
| Utility Deposits | $800 | $2,000 |
| Gross Leasehold Improvements (not including Tenant Allowance)3, 4 | $134,000 | $277,570 |
| Inventory5 | $19,500 | $25,000 |
| Computer Hardware and Software6 | $3,100 | $15,000 |
| Office Supplies & Misc.7 | $2,350 | $4,000 |
| Furniture & Fixtures8 | $43,000 | $75,000 |
| Business Licenses & Permits9 | $1,000 | $6,000 |
| Professional Fees10 | $5,000 | $12,000 |
| Insurance11 | $2,000 | $2,000 |
Additional Fees (Item 6)
| Fee Type | Amount |
|---|---|
| Transfer Fee | $25,000 |
| Technology Fee | $750 |
| Audit Fee | Payment of the audit costs is triggered if you understate any amount in any repo |
| Local Marketing Expenditures4 | Currently, 2% of monthly Gross Revenues, up to 3% |
| Annual Conference | $1,000 |
| Training Fee (Subsequent to Initial Training)5 | $3,000 |
| Late Charges and Collection Costs | $100 |
| Management Fee | The greater of (i) two times the salary paid to the individual(s) assigned by us |
| Lease Security Deposit3 | $0 |
| Utility Deposits | $800 |
| Gross Leasehold Improvements (not including Tenant Allowance)3, 4 | $134,000 |
| Inventory5 | $19,500 |
| Office Supplies & Misc.7 | $2,350 |
| Furniture & Fixtures8 | $43,000 |
| Business Licenses & Permits9 | $1,000 |
| Professional Fees10 | $5,000 |
| Insurance11 | $2,000 |
| Initial Training12 | $2,500 |
Training Program (Item 11)
| Detail | Information |
|---|---|
| Total Duration | 2 hours classroom |
| Classroom Training | 2 hours |
| Training Location | Corporate Headquarters |
Territory Rights (Item 12)
| Detail | Information |
|---|---|
| Territory Type | exclusive |
Renewal, Termination & Transfer (Item 17)
| Detail | Information |
|---|---|
| Renewal Term | If you satisfy the requirements to obtain a successor |
Financing (Item 10)
| Detail | Information |
|---|---|
| Financing Available | No |
| Description | Does not offer financing. |
Inactive - PROSE Salons - FDD Franchise Earnings — Item 19
Inactive - PROSE Salons - FDD does not include an Item 19 financial performance representation in their FDD. Contact information for current and former franchisees is listed in Item 20 of the FDD.
Inactive - PROSE Salons - FDD Litigation & Risk Flags
Litigation and bankruptcy data is sourced from Items 3 and 4 of the FDD. Always verify current status directly from the most recent FDD.
Inactive - PROSE Salons - FDD System Growth
Inactive - PROSE Salons - FDD currently operates 1 franchised locations and 0 company-owned units. Unit count data is sourced from Item 20 of the FDD.
Unit History (Item 20)
| Year | Opened | Closed | Total |
|---|---|---|---|
| 2019 | 9 | ||
| 2019 | 1 | ||
| 2019 | 10 | ||
| 2020 | 13 | ||
| 2020 | 1 | ||
| 2020 | 14 | ||
| 2021 | 23 | ||
| 2021 | 1 | ||
| 2021 | 24 |
Inactive - PROSE Salons - FDD Franchise — FAQ
Similar Senior Care & Healthcare Franchises
Interested in Inactive - PROSE Salons - FDD?
Get free info on this franchise. We will send you a detailed FDD report by email.