Business Description

Founded in 1974, FACES COSMETICS is a retail cosmetic franchise system that has been successfully providing women with premium cosmetics and aesthetic services. FACES is established globally in Canada, Mexico, Europe, Puerto Rico, and is now expanding in the USA. FACES offers one of the largest selections of cosmetics, skincare and anti-aging products and services for make-up, aesthetics and mini-spa treatments. FACES owners become part of the dominant player in the cosmetic industry by offering a truly unique experience that speaks to the needs of all women, from all ages and cultural backgrounds. FACES provides a turn-key package: fully-equipped boutique, complete inventory, training, marketing & advertising programs and ongoing Head-Office support.

Franchisor Background

Year Established:  1974

Franchising Since:  1980

Operating Units:
Franchised Units:	44	80%
Company-Owned Units:	11	20%
Total Operating Units:	55	100.0%
Geographic Distribution: U.S.: 2 3.6% In 0 States Canada: 34 61.8% In 9 Canadian Provinces International: 19 34.5% In 0 Foreign Countries   Total: 55 99.9.0%

North America:
States/Provinces with the largest number of operating units:

Density	Units
1. Ontario	12
2. Quebec	16

Registered in Following Registration States: California, Florida, Illinois, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota, Virginia, Washington, Wisconsin, District Of Columbia

Financial Requirements

Investment:
Minimum Net Worth:	$Varies
Cash Investment:	$90-120K
Total Investment:	$230-320K
Average Total Investment:	$275K
Fees:
Initial Franchise Fee:	$27.5K
Average Franchise Fee:	$27K
On-Going Royalty:	6%
Average Royalty:	6%
Advertising Fee:	2%

Average Number of Employees: 1 Full-time, 3-4 Part-time

Space Needs (in square footage): 700-1,000

Preferred Sites: Storefront, Regional Mall

Other Sites:

Encourage Conversions? Yes

Earnings Claims Provided?: No

Franchisee Qualifications
Ranked from 1 (unimportant) to 5 (important):
Financial Net Worth:	3
General Business Experience:	4
Specific Industry Experience:	3
Formal Education:	3
Psychological Profile:	3
Personal Interview(s):	5
Terms of Contract
Term of Initial Contract:	10 Year(s)
Term of Renewal Period:	10 Year(s)
Passive Ownership:	Allowed
Area Development Agreements?	Yes, for 1 Year(s)
Sub-Franchising Contracts?	Yes
Franchisees Allowed to Expand Within Territory?	Yes
Support and Training
International Franchise Association:	Yes
Canadian Franchise Association:	Yes
Franchisee Association/Member:	No
Size of Corporate Staff:	70
Site Selection Assistance?	Yes
Lease Negotiation Assistance?	Yes
Financial Assistance?	No
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:	Included in Fees
Central Purchasing:	Included in Fees
Field Operation Evaluation:	Not Applicable
Field Training:	Included in Fees
Initial Store Opening:	Included in Fees
Inventory Control:	Not Applicable
Franchisee Newsletter:	Included in Fees
Regional or National Meetings:	At Additional Cost
800 Telephone Hotline:	Not Applicable
Training:
1. Toronto, ON	2 Weeks
Expansion Plans
Projected New Units Over Next 12 months: U.S.: Yes, All United States Canada: Yes, All Canada Overseas: Yes, All Countries in a Master Franchisee capacity	Request Franchisor Info   Submit an online form to receive information from Faces Cosmetics.