The franchise fee for each Magic Brow Franchise location is $30,000. As part of the initial launch of franchise sales, a special discount of $10,000 is being given to the first 10 franchises sold.
In order to qualify for a Magic Brow Franchise, a potential franchisee must have a minimum of $50,000 in liquid assets with a minimum net worth of $300,000. Depending on an individual’s liquid investment, a potential franchisee would need to finance the remaining initial investment.
Once the initial 10 franchise locations are sold, there will be a discount of $5,000 for the families of the Armed Services. A potential franchisee should have a minimum of $50,000 in liquid assets plus a minimum net worth of $300,000 to qualify as a franchise. Depending on an individual’s liquid investment, a potential franchisee must have the ability to finance the remaining initial investment.
Magic Brow® Franchise, Inc. does not provide any financing. However, Third Party Financing is available.
The estimated initial investment cost to open a Magic Brow® franchise location will vary based on several factors. The estimated cost for opening a Basic Service Salon ranges between $87,167 - $167,833 (including the Franchise Fee), and for a Full-Service Salon between $111,167 - $211,500 (including the Franchise Fee). The largest variable will be the amount of any tenant improvement allowance that may be provided by the landlord.This estimated initial investment amount includes the expenditures necessary to open a Magic Brow® franchise, including the franchise fee, equipment, insurance, the initial real estate leasing and build-out costs, permits, grand opening marketing expenses, and costs of traveling to the initial training. Included in this estimate is
the cost of the first three months of operating expenses.
See full breakdown.