Amazing Lash Studio Franchise FDD, Costs & Fees (2024)

KEY FRANCHISE STATS

All you need to know about this franchise in a snapshot

Initial franchise fee
$50,000
Investment required
$436,000 - $708,000
Royalty fee
6.00%

Amazing Lash Studio: A Pioneer in Eyelash Extensions

Amazing Lash Studio, established in 2010 and commencing its franchising operations in 2013, has made a notable impact on the beauty industry, particularly in the semi-permanent eyelash extensions sector. Headquartered in Denver, Colorado, the brand is part of the WellBiz family of brands.

The franchise's primary goal is to offer luxurious eyelash extension services in a modern studio setting. This strategy has not only made these services more accessible and affordable but also cemented Amazing Lash Studio's position as a leader in this specialized market. Their commitment to innovation and robust support has been instrumental in their expansion and influence within the beauty industry.

Initial investment

Here's what you would need to invest if you were to start this franchise. These costs are provided by the franchisor in the Franchise Disclosure Document.

Type of Expenditure Amount
Initial Franchise Fee $50,000
Real Property, Utility, Security, and Other Deposits $2,900 - $18,650
Leasehold Improvements (net of landlord tenant allowances) $181,000 - $350,000
Cabinetry, Millwork, Furniture and Décor $24,000 - $33,500
Initial Opening Package $45,000 – $49,500
Initial Software Set-Up and Technology Fees $1,974
Computer System and Other A/V Technology $25,000 - $31,000
Training Program and Other Training Expenses $6,350 - $7,750
Architect, Engineer, Drawings $12,500 - $15,000
Grand Opening Spend Requirement $20,000
Signage and Graphics $4,800 - $9,400
Office and Business Supplies $3,630 - $5,500
Business Licenses and Permits $1,000 - $12,570
Insurance (Initial 20% Payment) $1,100 - $1,300
Professional Fees $1,980 - $13,530
Additional Funds (three months) $55,100 - $88,000
TOTAL ESTIMATED INITIAL INVESTMENT $436,334 - $707,674

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Number of units

2024
Franchised units

266

276

262

Company-owned units

0

0

0

Total units

266

276

262

Franchise Disclosure Document

Training 

Amazing Lash Studio provides a comprehensive training program to its franchisees, ensuring they are well-prepared to operate their studios effectively.

Franchisee and Manager Training

Franchisees, their Operating Partners, or Designated Managers must attend the franchisor's Training Program. This program can be conducted at a certified Franchisee Training Studio, the Colorado Support Center, another designated location, or virtually. The training fee is currently set at $500 per attendee, plus additional costs. 

Extra employees can participate if there is available space, with the same training fee applying to each additional participant.If a franchisee does not satisfactorily complete the Training Program, they must undergo remedial training, for which the current training fee will be charged.

Manager Training Program

Additionally, the franchisor offers a Manager Training Program for Operating Partners or Designated Managers. This program costs $500 per day per attendee, plus additional expenses. While attendance and completion of this program are not currently mandatory, they may be required in the future.

Territory Protection

Amazing Lash Studio offers territory protection to its franchisees, ensuring a defined area of operation and limiting direct competition. Franchisees are granted a "Protected Area," typically encompassing a 1.5-mile radius from their studio. Within this zone, the franchisor agrees not to establish or authorize new studios, providing a measure of exclusivity. 

However, beyond this Protected Area, the franchise is non-exclusive, allowing the franchisor to open other businesses or studios.Despite the territorial protection, the franchisor retains the rights to specific Captive Market Locations, such as airports or universities, even within the Protected Area. This means that new studios or businesses may be established in these unique locations. 

While franchisees enjoy a degree of territorial protection, the franchisor may still compete within the franchisee's territory through various channels or with different brands. Furthermore, franchisees are restricted from selling through alternative channels like the internet, ensuring the exclusivity of physical sales within their designated territory.

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