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Faces Cosmetics

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Faces Cosmetics
30 MacIntosh Blvd., Unit 6
Vaughan, ON L4K 4P1 CANADA
800#: (877) 773-2237
Tel: (905) 760-0110 + 103
Fax: (905) 760-0901
E-Mail: [email protected]
Web Site: www.faces-cosmetics.com
Contact: Ms. Jennifer Vaidya, Director Franchise Development


FACES COSMETICS is a retail cosmetic franchise system that has been successfully providing women with premium cosmetics and esthetic services since 1974. FACES offers one of the largest selections of cosmetics, skincare and anti-aging products, and services for make-up, esthetics and mini-spa treatments. Owners become part of being the dominant player in the cosmetic industry. FACES provides: fully-equipped boutique, complete inventory, training, marketing/advertising programs and on-going support.




Franchisor Background


Established: 1974
First Franchise: 1980
Franchise Units: 44
Company-Owned Units: 11
Total Units: 55

Distribution:
U.S. -- 2; Canada -- 34; International -- 19
-North America -- Operations in 2 States, 7 Provinces
-States/Provinces with Greatest Density: 16 in PQ, 12 in ON

Projected New Units Over Next 12 months: NR
Franchisee Qualifications: 3, 4, 3, 3, 3, 5
(Click here for an explanation)

Registered in Following Registration States: CA,IL,FL,MD,MI,MN,NY,ND,OR,RI,SD,VA,WA,WI,DC (Click here for an explanation)
Average Number of Employees: 1 FT, 3-4 PT (FT = Full Time, PT = Part Time)
Space Needs: 700-1,000 SF; SF, RM (Click here for abbreviations)
Encourage Conversion: Yes


Financial Requirements

Cash Investment: $90-120K
Total Investment: $230-320K
Average Total Investment: $250.0K
Minimum Net Worth: $Varies

Fees:
-Franchise: $27.5K
-Average Franchise Fee: $27.5K
-Royalty: 6%
-Average Royalty: 6.0%
-Advertising: 2%

Provide Earning Claim Statement: No


Terms of Contract

Term of Contract (Years): 10/10
Passive Ownership: Allowed
Area Development Agreements: Yes/10
Sub-Franchising Contracts: Yes
Expand In Territory: Yes


Franchisor Support and Training Provided

Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Financial Assistance: No
Cooperative Advertising: No
International Franchise Association: IFA MEMBER
Canadian Franchise Association: CFA MEMBER
Franchisee Association / Member: No
Size Of Corporate Staff: 70
On-Going Support: A,B,D,E,G,h (Click here for an explanation)
Training: 2 Weeks Toronto, ON.


Franchisor's Specific Expansion Plans

U.S.: All United States
Canada: All Canada
Overseas: All Countries in a Master Franchisee capacity

Note: NR = No Response by Franchisor.
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