Hello Sugar FDD – Franchise Information, Costs and Fees
Type of Business
You will operate a business that features services relating to waxing, sugaring, and other related products and services, under their then-current trademarks.
Corporate Information
Hello Sugar Franchise, LLC was formed as a limited liability company in the State of Arizona on May 24, 2021. Their principal business address is 151 N. Centennial Way, Mesa, Arizona 85201. They began offering franchises on September 15, 2021.
Investment
The total investment necessary to begin the operation of a Hello Sugar suite franchise is $62,448 to $80,215. This includes $32,706 that must be paid to the franchisor or an affiliate. The total investment necessary to begin the operation of a Hello Sugar flagship franchise is $200,995 to $508,652. This includes $46,870 to $52,752 that must be paid to the franchisor or an affiliate. The total investment necessary to begin operation of a Hello Sugar flagship and operate a suite before the flagship is being constructed is $240,443 to $565,867. This includes $56,576 to $62,458 that must be paid to the franchisor or an affiliate.
The franchisor also offers qualified parties the right to own and operate multiple Hello Sugar suites and flagship franchises within a defined development area. The total investment necessary to begin developing multiple Hello Sugar suites or flagship franchises under an area development agreement with the franchisor will vary based on the number of Hello Sugar suites or flagship franchises you are granted the right to develop. The minimum number of franchises that you may purchase the right to develop under an area development agreement is two (2).
The total investment necessary to own and operate two (2) Hello Sugar suites is $69,948 to $87,715. This includes (i) a $27,500 development fee that is paid to franchisor or an affiliate, and (ii) the initial investment to open and operate the first Hello Sugar suite. The total investment necessary to own and operate three (3) Hello Sugar suites is $77,448 to $95,215. This includes (i) a $35,000 development fee that must be paid to the franchisor or an affiliate, and (ii) the initial investment necessary to open and operate the first Hello Sugar suite.
The total investment necessary to own and operate two (2) Hello Sugar flagships is $220,995 to $528,652. This includes (i) a $40,000 development fee that is paid to franchisor or an affiliate, and (ii) the initial investment to open and operate the first Hello Sugar flagship. The total investment necessary to own and operate three (3) Hello Sugar flagships is $240,995 to $548,652. This includes (i) a $60,000 development fee that must be paid to the franchisor or an affiliate, and (ii) the initial investment necessary to open and operate the first Hello Sugar flagship.