MIMOSA FAQ's

  • What is a Mimosa Salon Suites Franchise?

    Mimosa Salon Suites are different than traditional salons because in a regular salon stylists work with their clients in an open space with several stations, having to share spece and equipment, which often leads to difficulties in the stylist' efforts to differentiate themselves and become successful.  Alternatively a Mimosa Salon Suites stylist has their own space giving their clients the experience of luxury and privacy that maximizes client experience and client retention.


    If you are working as a beauty professional, whether you are a stylist or massage therapist, or some other type of beauty professional, Mimosa Salon Suites gives you access to rent an exclusive space for an affordable fee. Beauty professionals need a comfortable, classy and private space to provide top of the line service to their customers. This is how we came up with this multi-million dollar business concept. We help you stay away from the traditional ways of providing beauty services, where most stylists share the same space, only with different stations.


    Furthermore stylists rent the suites for a low weekly fee which includes everything they need. A full equipment package, all utilities paid, free Wi-Fi and 24/7 access makes Mimosa Salon Suites a highly desirable location for beauty professionals.



    What Can Franchisees Get from Working with Mimosa Salon Suites?


    So for the franchisee Mimosa Salon Suites provides something that is really an absentee Property Management business model which allows them to make excellent profits in sometimes no more than 10 hours per week!


    Each franchisee is actually a landlord and a business consultant for their own business unit of between 25 and 40 small business owners. Those small business owners which include hair stylists, massage therapist, nail techs and many others, rent fully equipped salon suites  from the franchisee.


    For those who want to venture into the salon suite rental business, we are offering fantastic franchising options. What separates Mimosa Salon Suites from the competition is that we aim to improve the lives of our franchisees by giving them a profitable means to earn a living while they provide coaching and support to his or her renters.

     

    Franchisees will also assist their renters with business and licensing requirements per their state requirements. You renters are provided the training and tools needed to enhance their business. Their franchisees will work with them hand in hand in achieving their goals. Hence, both parties will increase their earnings which inscreases rofits by decreasing turn-over and bad debt.

    What makes us stand out are our rental rates, which are below what our competition offers.  With better rates, renters are attracted to the affordability without compromising the quality of their business. 

     

    We can also provide franchisees an effective marketing and business consulting training program, which can be beneficial for those who have no experience in running a business. This is a perfect set-up for individuals who want a stable income stream and are looking to jump into franchising.

     

    We can provide various forms of entrepreneurial support, from operations, marketing, audit, accounting, down to legal. Whether you are an established professional in the beauty industry, or just about to jump into this venture, you can be assured to be guided every step of the way.

     


    Why Choose Mimosa Salon Suites?


    Mimosa Salon Suites provides a reasonably priced business venture for those who want to make geat returns and be involved in the beauty industry. Whether you are a newcomer in the field or a seasoned entrepreneur, this is a great opportunity to work with one of the established names in the business, with a decade-long operation and a time-tested business model. 


    Franchisees can find significant gratification by helping to improve the lives of stylists by helping them find a place of their own to practice their craft and provide service to their clients. We are offering franchising opportunities to those who want to have a rewarding business and experience financial freedom.

     

    We also provide an exclusive Mimosa Membership program through our Mimosa Salon Suites Mobile App. This includes a web-based booking system, which makes dealing with clients and scheduling services more convenient and organized. We also offer marketing and business consulting sessions on a monthly basis.

     

    Our clients have so far been satisfied with our existing working relationship. This is the result of our continuous efforts to grow, dedication to our clients and commitment to our business partners. To learn more about our franchising service feel free to contact us today. 


  • What Are Startup Costs?

    One of the first questions on a franchisee’s lips is bound to be: how much is it going to cost me in the beginning? And how long will it take me to recover those startup costs?


    Well, at Mimosa Salon Suites, the initial investment cost ranges between around $149,000 to $267,000. This initial cost will depend on the market and the space you choose. The primary factors that decide the initial investment cost include the size of your locations, how many locations you build, the site they are situated in, their configuration, the amount and terms of financing, as well as the choice of real estate developer.


    These initial costs tend to be quickly reimbursed. At Mimosa Salon Suites, salon suite franchise partners usually enjoy a high ROI in a lifestyle business that has few or even no employees. Successful franchisees benefit greatly from the support and mentorship they derive from Mimosa Salon Suite, and so are able to quickly build up profitable businesses.


    New owners who wish to take advantage of this franchise opportunity must meet at least the following criteria:


    • Dedication to upholding brand standards and culture 
    • The ability to financially maintain your lifestyle for 9 months to a year during pre-opening and ramp-up

    So won’t you join us in creating one million square feet of hope? Apply for your franchise today!

  • What is the Earning Potential of My Franchise?

    It’s time to take a look at just how Mimosa Salon Suite franchises make money. 


    It’s time to take a look at just how Mimosa Salon Suite franchises make money.

    You can compare the way franchise owners make money with how an apartment complex earns its: through the rent collected from their members.



    ​What Ultimately Matters: Rent, Size and Occupancy


    The three things that will have the most drastic affect on your earning potential are your rent, location size and occupancy. These three things are what will have the biggest impact on your net profit.


    If you feel out of your depth here, don’t worry.  Mimosa Salon Suites gives franchisees all the tools they will ever need to transform their burgeoning business into a success. However, it is up to each franchisee to make the most of their franchise opportunity. Your franchise’s earning potential will depend on your ability to market aggressively, your level of occupancy, as well as the rental rates you are able to charge.


    How successful your franchise will end up being will also depend a great deal on your own individual abilities. While you will have the tools to succeed, there is no actual guarantee that you will. It’s important to also take your own capabilities and situation in consideration when running a salon suite franchise.

     


    So won’t you join us in creating one million square feet of hope? Apply for your franchise today!

  • Where Are Our Available Markets?

    The Mimosa Salon Suites franchise operates in the United States, thriving in locales that already contain a multitude of salons. This is because most salon professionals would naturally want to live close to an already existing client base that will use them for their services. 


    The first 10,000 square feet of hope for small business owners is the Salem Road location in Conyers, GA. In the coming decade, we’re planning a minimum of a million square feet of hope for people that can’t receive help from government programs or other organizations. We envision around five hundred Mimosa Salon Suite franchises running in communities throughout the United States. We believe places like Phoenix, Jacksonville, Seattle, Cincinnati, Nashville, Chicago and Salt Lake City, among others, would make excellent use of our franchise opportunities.


    In time, Mimosa Salon Suites should develop community based business & economic development centers concentrated on the cosmetology industry all throughout the U.S. 


    So won’t you join us in creating one million square feet of hope? Apply for your franchise today!

  • What Makes A Good Location?

    Location, location, location: as any real estate agent will tell you, these are the three most important factors when it comes to opening a business of your own. But how exactly do you find the right location?


    The answer lies primarily in developing an effective site selection process. Remember, no approach is going to suit everyone, but there are definitely some common steps franchisees can take in order to reduce their chances of selecting an undesirable location. This holds particular truth when it comes to franchises that will take up a lot of space. 


    Here are some of the steps you should follow in order to find the right retail space for your business venture. 


    Understand your specific business needs


    What is the core essence of your franchise? What’s the special sauce that will keep customers coming back? 


    Mimosa Salon Suites works closely with franchise operators in order to help them study lifestyle data and target demographics, as well as any other relevant research. 


    This research should lead the franchisee to some key insights. For example, while a clothing store or a restaurant should ideally be situated in a highly visible location, Mimosa Salon Suite franchises are what are known as destination locations. This means that we use a model that inspires loyalty among customers, enough to have them follow us wherever we go. That means that salon suite franchisees will be able to operate effectively from the back of a mall, or the third floor of a building. Because you can use space that landlords typically have a hard time leasing, you can pay less in rent. 


    Connect with your Franchisor


    A strong relationship with your franchisor is a core aspect to selecting the right location. All the information you need regarding the franchise’s rules and regulations will be made available to you through the Franchise Disclosure Document. Don’t review this document on your own. Go through it with your franchisor. You should also talk with your franchisor about the market research they have already completed, and have them share demographic data. You can get a real sense of what locations are profitable from the information a good franchisor can provide you with. 


    Carefully Evaluate your Options


    After you have a list of potential sites, start comparing them. 


    The first thing you need to look for is the traffic patterns around each location. Will it be inconvenient for drivers to reach your location? What about the parking lot? Is it overcrowded? If so, it might be best to choose another space. You should also consider factor in the amount of light your space gets, and whether this will be comfortable for customers and your staff.


    You should also do some research on the surrounding businesses. If there’s a popular restaurant near you, it could be extremely beneficial to you. On the other hand, if there are direct competitors sharing your space, you should probably look elsewhere. 


    At the same time, you need to factor in your budget. No matter how perfect a location seems, if you can’t afford it, it’s not perfect for you.


    Mimosa Franchising, LLC Will Help You Close the Deal 


    Once you’ve decided on the best space, you need to close the deal.


    You should ideally receive support from a franchisor in the final negotiation, from examining provisions about lease extensions to unexpected hikes in the rent. It’s advisable to get an attorney to help you review the lease. 


    Watch out for large fees before you even open the business. For example, if the landlord expects you to cover the costs of a heater replacement, that could set you back before you’ve even had a chance to move in. Factors like these are often overlooked, but they can be crucial details that make or break your operations. 


    Remember: no space is perfect. You’re going to have issues no matter what location you choose. That’s why Mimosa Salon Suites trains franchise partners on what they should be on the lookout for in terms of costs. What’s more, we inspect the building in order to limit unpleasant surprises during the demolition and construction phases. 


    The bottom line is that new franchise partners need to be guided by research and reality more than their emotions or their gut. It’s natural to get attached to a particular space, but there could be any number of reasons why it wouldn’t work. Instead, think rationally, and go through a systematic and disciplined process of site selection. It’ll be worth it.


    So won’t you join us in creating one million square feet of hope? Apply for your franchise today!

  • Mimosa Salon Suites Franchise: A New Era For Salon Pros!

    If you have been looking for an easy way to become your own boss and start your business, you are in luck with Mimosa Salon Suite franchises.


    The salon and beauty industry has been growing at an annual rate of 8.5%. Clearly, this makes it fertile ground for entrepreneurs to stake out. And that is why franchise opportunities are increasingly being sought out in the salon industry, with salon suites gaining in popularity as franchise investments. 


    What is the difference between a traditional salon and a salon suite franchise? Well, it is mainly a difference of ownership. The stylist pays a commission to the salon in the traditional setting, but does not own anything. With a salon suite, however, the stylist rents out a private space from a franchise owner.


    What are the advantages of a salon suites franchise? 


    For one thing, salon suites are extremely private. Every suite will have four walls and a door, and they prove to be magnets for customers who like some personal one-on-one engagement with their stylists. As anyone who has been to a traditional salon can attest, these are contrastingly a lot noisier and busier.


    Additionally, stylists from a salon suites franchise can book appointments to make for a flexible schedule. You can accommodate for your clients’ time by opening during non-traditional times. This is another reason why salon suite franchises are able to tailor their services according to their clients, which leads to stronger relationships with clients. 


    There is also the question of commission. In a traditional salon, stylists make around 10 per cent or less on commission when they sell products or retail items. In a salon suite franchise, however, they can make 100 per cent commission. What’s more, they can sell products they really do believe in, as opposed to products they’re simply pressured to sell. 


    While individual stylists may be able to customize their respective salons if they have a supportive manager, the overall theme of a traditional salon is standardized. On the other hand, stylists completely control the look and feel of their salon suite. From the paint on the walls and the décor to the tools and products used, it is the stylist who has the final say in creating their own personal brand. 


    Perhaps one of the defining differences between the two is entrepreneurship. Salon suite franchise stylists are entrepreneurs who desire to serve their community in a way that expresses who they are as stylists. They are invested in their business, and aim to provide the best salon services possible. They are connected to their visual space and have a stake in the operations of the business. 


    Salon suite entrepreneurs are passionate individuals who have often worked their way up through the ranks. As they develop a greater passion for their craft, they decide to utilize their skills on their own terms, in a way that lets them engage with the customers they wish to serve. 


    So won’t you join us in creating one million square feet of hope? Apply for your franchise today!

  • What Makes Mimosa Salon Suites the Best in Franchising?

    The short answer: because we believe the more our members win, the more our brand and our partners win. That’s why we provide such exceptional support to our franchisees!


    Here’s how we do it.


    Leave nothing to chance: keep occupancy high.


    Mimosa Salon Suites’ business model rejects one thing outright: guesswork. Instead, this competitive franchiser prioritizes occupancy numbers above all else in order to realize its potential to its fullest. We know that salon customers want a brand they can bank on. That’s why Mimosa is designed to create an incredible customer experience, one that leads to a greater number of customer conversions and a lower turnover rate. This not only keeps members happier, but also helps to maintain a sustainable cash flow.


    This salon suites franchise is one that is committed to understanding and relating to the needs of the franchise partner. Because we have such a vested interest in the success of our franchisees, we offer them all the support they need.


    Generate stable systems of revenue.


    Entrepreneurs taking advantage of Mimosa’s franchise opportunity will benefit from an extremely simple revenue stream. This stream is derived from rent paying members who receive space in the salon in exchange. This simple stream results in a stable system of recurring revenue.


    We are your franchise partners.


    Like we said in the introduction, your success and independence are of utmost importance to us. We consider our franchise partners to be our central asset, and that’s why we’ll always maintain an environment that helps out your business.


    Our building systems take your needs into consideration.


    Beauty professionals have special needs from their working environment. That’s why our building systems take these into consideration so our members can be freely creative, and truly own their space. Our designs also factor in the perceptions and desires of your clients.


    Our member systems are the secret to our success.


    There’s no gimmick that keeps members paying, making referrals and happy. No, it takes exceptional and consistent service to deliver the reliable professionalism expected by our members, and that’s where we deliver. A fair price, a comfortable environment, and excellent support systems: these are the ingredients that go into the Mimosa Salon Suite franchise!


    So won’t you join us in creating one million square feet of hope? Apply for your franchise today!



  • Do I Need Salon Experience To Be A Franchisee?

    Maybe with another salon suite franchise, but not with Mimosa!



    Mimosa’s business model, support and training all get rid of the need for prior salon experience to be a franchisee. Yes, prior experience can be an important asset. That’s why we recruit former business owners all the time! But you would be surprised to learn that some of our most successful franchisee candidates actually had no salon experience before joining up with us.


    Here’s the thing: we can teach you everything you need to know about running a business. What we can’t teach is passion. What Mimosa looks out for in potential recruits is passion and a real love of our culture. We’re looking for franchisees who would be a good fit for our business model, and who inspire their employees and members to run the business successfully.


    You will be provided training in each and every aspect of what it takes to run a successful franchise and to recruit qualified salon professionals. No matter how fast paced and exciting a salon franchise opportunity can get, remember that entrepreneurship is not for everyone. You have to be willing to learn what we teach, and to constantly expend efforts to attract the right kind of members. You also have to inculcate a love for the culture among your members.


    New entrepreneurs will learn a number of skills in our training courses. You’ll learn to lease the suites in a manner that ensures maximum adherence, to communicate effectively with salon professionals, and to engage with members. This will help you to develop a community at your salon. With our training, you’ll have the confidence and the skills to look after your investment in the long term.


    Just make sure you have a good dose of passion.


    Remember that when you win, we win. That’s why we’re so committed to making a success out of you! You can reach out to franchise business leaders for support and for questions, as well as to our corporate service staff.


    We can teach you to keep your members around, to build the store and to precisely design each suite. We can show you how to read your paperwork and to market yourself with acumen. But you already know what we can’t teach you. That’s the one thing that matters the most. As long as you come in with passion and the desire to succeed, you should be able to make a go of it.


    So won’t you join us in creating one million square feet of hope? Apply for your franchise today!

  • A Day In The Life Of A Franchisee

    While some of our franchise partners enjoy going above and beyond when it comes to spending time at their locations, many others spend anywhere between 5 to 10 hours a week actually working on their franchise once they’ve reached more than 85% occupancy. 


    Business owners need to be prepared to work hard in order to keep their momentum going. Mimosa Salon Suite franchise recommends franchisees remain closely involved with business management until it has reached the point where it is self-sustaining to some degree. The early phase is the most important one. It is essential at this time to set up your forecasts and regularly check your profitability. This should help secure long term success.


    Manager run franchises are ideal for multi-unit franchise partners who are able to optimize economies of scale. Since salons are run by experienced full time managers, the franchise partner does not need to constantly be present once the business has stabilized. That’s why it becomes easier to have a job in parallel to establishing your first salon, as well as to open up new locations in the future.


    Franchise partner run enterprises are ideal for first unit or single unit franchise partners. The constant presence of the franchise partner becomes an important part of reaching high occupancy levels. Once occupancy levels become stable, the amount of time spent managing the business drops to around 5 to 10 hours a week.


    Mimosa Salon Suites are primarily member-staffed, meaning they are occupied by professional hairstylists with a vocational education, training and business ownership skills. They are supported by the franchise partner, allowing everyone to put together their unique talents to ensure excellent customer service. This is a hybrid version of the manager-run and franchise-run setups.


    Mimosa Salon Suites provides franchise partners the chance to join a community of similarly minded passionate people. Owners are responsible for recruiting members, retaining a high occupancy rate, managing all financial procedures, establishing ties to your local community, selecting and implementing marketing plans, and growing the business. Your growth will be supported by our carefully designed systems.


    So won’t you join us in creating one million square feet of hope? Apply for your franchise today!

  • How Is Mimosa Salon Suites Different From The Competition?

    Mimosa Salon Suite is unique in being the only franchise in its category to provide the best in class accommodations for members. 


    Every individual room comes equipped with a style station, a styling chair, dryer station and shampoo sink. What’s more, members have the chance to personalize their suite to suit their own tastes, with wall paint and décor of their choice. The bathrooms and security systems are also major benefits for both members and clients. And of course, the low rent is extremely attractive when compared to the market standard.


    Mimosa Salon Suites is also committed to its mission, vision and values. These are primarily dedicated to supporting salon entrepreneurs, and to engage a community that continues to nurture and inspire. Mimosa Salon Suite partners come from every walk of life you can imagine, from stylists to retirees. The one thing they all have in common is their commitment to the Mimosa brand, and to furthering themselves as entrepreneurs.


    The Mimosa Salon Suite brand experience is enhanced by a team of dedicated professionals to grow the brand. We are committed to the cultivation of a community of independent salon owners.


    Won’t you join us in creating one million square feet of hope? Apply for your franchise today!

  • How Do I Finance My Franchise?

    This is one of the first questions you have to think about when you’re considering opening your first Mimosa Salon Suite franchise. 


    It’s important that you understand every financing option available to you, so you’re able to make the best possible decision for yourself. Mimosa Salon Suites is currently looking for both newcomers and business-mature franchisees who will be able to capitalize on our momentum.


    If you qualify as a franchisee candidate, we offer a few financing options for you. Our internal financing can be of great help to franchisees having difficulty obtaining a traditional bank loan. There are also alternative options that we recommend, including:


    Traditional financing: If this is an option you can make use of, it can end up being extremely lucrative. Talk with your local bank managers, and shop for the best loan deal you can find.


    401k rollovers: These may not be sufficient on their own, which is why they’re often paired with another source of financing in order to make the down payment.


    Cash: If you have existing cash from your former job or business endeavor, it’s a good idea to invest it in the franchise. Mimosa Salon Suites also provides franchisees with help when it comes to deciding the amount of cash to leverage.


    Refinancing existing debt: You can make use of this if you’re buying an already existing franchise.


    Won’t you join us in creating one million square feet of hope? Apply for your franchise today!

  • Who Makes A Good Franchise Owner?

    There’s no set standard that makes the perfect salon suite franchise owner. 


    Some of our franchisees are single mothers, while others are couple teams. Some have had past business experience, whereas others are completely new to running their own operations. The most important thing we look out for is passion – the drive to seek out a scalable franchise opportunity, and to put in the time and effort to build the business. 


    Some other factors we look out for in franchisee candidates include:


    An ideal net worth of $500,000+

    Credit score of minimum 700

    $50,000 liquid

    The ability to finance yourself for around nine to twelve months, during the pre-opening and ramp-up stages

    Above all, the commitment to developing a successful franchise.



    So won’t you join us in creating one million square feet of hope? Apply for your franchise today!

Share by: