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Lemon Tree Family Hair Salon
LEMON TREE serves the full-service haircare needs of the entire family. We offer affordable prices and quality service and use only quality, name-brand products. We provide our franchisees a strong, hands-on training program.
Franchisor Background
Year Established: 1975Franchising Since: 1976
Operating Units: Franchised Units: 53 100% Company-Owned Units: 0 0% ______ _____ Total Operating Units: 53 100% Geographic Distribution: U.S.: 53 100% In 5 States Canada: 0 0% In 0 Canadian Provinces International: 0 0% In 0 Foreign Countries ______ _____ Total: 53 100% North America: States/Provinces with the largest number of operating units: Density Units 1. Florida 2 2. New Jersey 2 3. New York 53
Registered in Following Registration States: Florida, New York Financial Requirements
Investment: Minimum Net Worth: $40K Cash Investment: $25-30K Total Investment: $52-85 Average Total Investment: $69K Fees: Initial Franchise Fee: $15K Average Franchise Fee: $15K On-Going Royalty: 6% Average Royalty: 6% Advertising Fee: $400/Mo.
Average Number of Employees: 5 Full-time, 3 Part-timeSpace Needs (in square footage): 1,200Preferred Sites: Storefront, Strip Center, Regional MallOther Sites: Encourage Conversions? YesEarnings Claims Provided? NoListed in the SBA Registry? NoSupport and Training
International Franchise Association: Yes Canadian Franchise Association: No Franchisee Association/Member: No Size of Corporate Staff: 6 Site Selection Assistance? Yes Lease Negotiation Assistance? Yes Financial Assistance? Yes, Direct Marketing Support: Co-Op Advertising: No National Advertising: No Regional Advertising: No Local Advertising: No Marketing Materials: None Specified Additional Services: None Specified Other Marketing Support: None Specified On-Going Support: Central Data Processing: Not Applicable Central Purchasing: Included in Fees Field Operation Evaluation: Included in Fees Field Training: Included in Fees Initial Store Opening: Included in Fees Inventory Control: Included in Fees Franchisee Newsletter: Not Applicable Regional or National Meetings: Included in Fees 800 Telephone Hotline: Included in Fees Training: 1. Main Office 5 Days 2. Location of Franchise Minimum 5 Days
Franchisee Qualifications
Ranked from 1 (unimportant) to 5 (important): Financial Net Worth: 2 General Business Experience: 2 Specific Industry Experience: 1 Formal Education: 2 Psychological Profile: 1 Personal Interview(s): 5
Minority Representation
Units Owned by Minorities: African-American: N/A Asian-American: N/A Hispanic: N/A Native American: N/A Other: N/A Specific Minority: N/A
Terms of Contract
Term of Initial Contract: 15 Year(s) Term of Renewal Period: 15 Year(s) Passive Ownership: Allowed, But Discouraged Area Development Agreements? No Sub-Franchising Contracts? No Franchisees Allowed to Expand Within Territory? Yes
Expansion Plans
Projected New Units Over Next 12 months: 10
U.S.: Yes, Northeast, Southeast Canada: No Overseas: No
