Top 100 Franchises
2014
Regal Nails Salon & Spa is the industry leader in setting the standards for customer service, innovation and salon hygiene. Regal Nails knows that customer satisfaction begins with the salon itself, and each Regal salon emphasizes customer care as the number one priority. Regal Nails has led the way in several salon innovations. It was the first major nails salon to: require hospital-grade disinfectants for all implements and spa basins; require autoclaves to sterilize equipment; require porous implements to be disposed after a single use; and outlaw the use of credo tools. Regal Nails has nearly 1,000 locations across the United States, in Canada and Puerto Rico. We are not just a salon franchise. We are a turn-key salon solution. We provide everything that our franchisees need to run a nail salon. Regal Nails monitors all phases of the build out and set-up process to ensure that all salons are built to our specifications. Our experienced set-up crew ensures that our salons are set up in an efficient and effective manner.
| Year | Franchised | Change | Company-Owned | Change | Total | Change |
|---|---|---|---|---|---|---|
| 2012 | 870 | -1.92% | 0 | -- | 870 | -1.92% |
| 2011 | 887 | -2.74% | 0 | -- | 887 | -2.74% |
| 2010 | 912 | -- | 0 | -- | 912 | -- |
Investment Required
For Regal Nails franchises in the United States and in Puerto Rico, the initial franchise fee ($15,000) and the confirmation fee ($45,000) are credited against the total cost of the Deluxe Package II. In most areas (those areas not classified as "high cost areas"), the Wal-Mart Deluxe Package II will cost between $87,480 and $100,000.
| Item | Established Low Range | Established High Range |
|---|---|---|
| Deluxe Package II | $87,480 | $208,000 |
| Pro-Rated CGL and PL Insurance (yearly) | $600 | $2,500 |
| First Full Month's Monthly Rent | $1,306 | $10,000 |
| Rental Tax | $0 | $800 |
| Pro-Rata Monthly Rent (for month of salon opening) | $0 | $9,678 |
| Monthly Utility Charge | $0 | $500 |
| Security Deposit | $2,113 | $11,700 |
| First and Last Month's Monthly Franchise Fee | $1,085 | $2,604 |
| Workers Compensation Insurance and Employer's Liability Insurance | $300 | $1,000 |
| Licenses, Certificates of Occupancy, Occupational Licenses, etc. | $200 | $600 |
| Additional Equipment, Furnishings, and/or Supplies | $0 | $25,000 |
| Travel & Living Expenses for Training Class | $500 | $1,500 |
| Miscellaneous Opening Costs | $400 | $800 |
| Additional Funds (3 Months) | $12,000 | $15,000 |
| Sales/License Taxes | $3,000 | $5,000 |
| Application Fee | $125 | $125 |
| CGL and PL Handling Charge | $50 | $50 |
| Total Initial Investment (U.S. & Canada) | $109,159 | $294,857 |
Ongoing Expenses
Regal Nails franchisees pay a monthly franchise fee with a minimum of $500, plus $1 per square foot for salon premises extending over 500 square feet. This franchise fee will be increased by 4% annually. In addition, there is a monthly utility charge of $200 to $500, a $125 application fee, among others.
What You Get: Training and Support
Regal Nails will train the principal owner and manager on the operation of a Regal Nails Salon & Spa business. The two-day initial training program is held at Regal Nails headquarters in Baton Rouge, LA, and is generally conducted on a monthly basis. Included in the training are: a leadership program and workshops on marketing, the importance of sanitation and the insurance program. Additional training and re-training is provided as necessary.
Territory
Regal Nails does not grant exclusive territories.
Note: The tables and information regarding the number of operating units, investment required, ongoing expenses, training and territory grants were taken from the company's 2013 FDD.
