18/8 Salons FDD Summary
Type of Business
The franchise is to operate a high-end hair salon under the “18/8®” name which caters to male customers and offers professional hair cutting and coloring services; beard and mustache cutting and coloring services; highlights; weaves; foot, face and scalp treatment services; massages; and other related services.
Corporate Information
Ultimate Franchises, Inc. was formed as a California corporation on October 30, 2009. Their principal business address is 30821 Seminole Place, Laguna Niguel, California 92677. They started offering franchises for 18/8 Salons in April 2011. Their parent company is 2UlitimateBrands, Inc.
Investment
The total investment necessary to begin operation is $204,951 to $266,089 for a single 18/8 Salon developed at a newly-constructed location, and $259,951 to $471,089 for the first Salon developed as part of a 3-Pak, 6-Pak, or 10-Pak. These figures include $58,000 to $81,900 (for a single Salon) or $113,000 to $286,900 (for a multi-Pak Development Rights Rider) that must be paid to the franchisor or affiliate.