The Ten Spot FDD – Franchise Information, Costs and Fees
Type of Business
The franchisor offers franchises for a beauty bar and grooming boutique under THE TEN SPOT® name and mark specializing in manicures, pedicures, facial treatments, body waxing and other grooming services the franchisor authorizes and certain designated beauty and/or other grooming-related products that the franchisor designates or otherwise approves for retail sale from your Beauty Bar.
Corporate Information
The Ten Spot Ltd. is a Delaware corporation, incorporated on June 1, 2018, with a business address at 2967 Dundas St. W. #162D, Toronto, ON M6P 1Z2, Canada. They have been offering franchises for the Beauty Bars since September 7, 2018.
Investment
The total investment necessary to begin operation of a single franchised Beauty Bar is $335,000 to $524,000, which includes $75,750 to $78,750 that must be paid to the franchisor or its affiliates. The total investment necessary to begin operation under a Development Agreement where you commit to develop at least three Beauty Bars ranges from $410,000 to $599,000, which includes a $125,000 development fee that is paid to the franchisor and the total initial investment to begin operation of your first Beauty Bar.