Start a Prose Nails Franchise in 2024

Franchise 500 Rank: N/R Not ranked last year

Initial investment: $431K - $680K

Units as of 2020: 11 1,000.0% over 3 years

Some believe that nails speak volumes about you, and you can tell the world your story with the right design. Prose Nails believes it speaks the language of nail art designs that always makes the right statements.

Dave Crisalli founded Prose Nails with a simple model: to focus on hands and feet. For clients, every session at a Prose Nails location may be an opportunity to express themselves creatively through nail art. As Prose Nails curators fix nails to perfection, customers get immersed in an unforgettable experience of foot and hand poetry.

Customers may visit Prose Nails location for their promise that they will be treated right, nourished, and inspired by worry-free nail designs.

Why You May Want To Start a Prose Nails Franchise?

If you love art and are proud when a design comes together perfectly, opening a Prose Nails franchise could be an excellent opportunity for you. Franchisees should have a good work ethic, a love for socialization, and a determination to transform lives. Having spa or nail art experience isn't necessary, but some experience running a business can be highly beneficial.

Opening a Prose Nails franchise could offer a more predictable outcome than investing in a completely new brand that may struggle to thrive in an already crowded and competitive industry. Prose Nails provides franchisees exclusive territories in an effort to boost the chances of your success.

What Might Make a Prose Nails Franchise a Good Choice?

Prose Nails strives to be more than a place where customers can get their nails done. It wishes to be a place uniquely designed to nourish and renew spirits by creating an experience that feels like therapy for the soul. The brand exists to provide a much-needed service that uplifts everyone it touches. Franchisees are responsible for running daily business operations, including the duties of hiring and training staff.

To be part of the Prose Nails team, you should make sure you're financially ready for an initial investment made up of a franchise fee and other startup costs. In addition, you should prepare yourself for ongoing fees that will include advertising, royalty, and potential renewal fees. Franchisees will also need to meet the company's set net worth and liquid capital requirements.

How To Open a Prose Nails Franchise

Make sure to research the brand and your local area to see if Prose Nails would do well in your community. Before making any financial commitment or signing an agreement, you must perform your due diligence and establish if this is the right opportunity for you. As part of your due diligence, you may want to speak to existing franchisees and ask the Prose Nails franchising team questions.

If awarded a franchise, franchisees may receive a great deal of support from the Prose Nails brand throughout the franchising process. In addition to pre-opening training, franchisees receive support through brand awareness, marketing, research, and construction. They also receive hands-on training and continued support after their boutiques have opened.

Company Overview

About Prose Nails

Industry	Personal-Care Businesses
Related Categories	Miscellaneous Personal-Care Businesses
Founded	2017
Leadership	David Crisalli, CEO
Corporate Address	2850 E. Camelback Rd., #290 Phoenix, AZ 85016
Social	Facebook, Twitter

Business Overview

Franchising Since	2017 (7 years)
Where seeking	This company is offering new franchises in the following US states:
# of Units	11 (as of 2020)

Information for Franchisees

Here's what you need to know if you're interested in opening a Prose Nails franchise.

Financial Requirements & Ongoing Fees

Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee Definition: The initial fee paid to a franchisor to join their system What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor. This fee is usually due at the signing of the franchise agreement and covers the right to use the franchisor's trademarks, name, and related business systems.	$45,000
Initial Investment Definition: The total amount necessary to begin operation of the franchise What you need to know: The initial investment includes the franchise fee, along with other startup expenses such as real estate, equipment, supplies, business licenses, and working capital. This is outlined in a chart in Item 7 of the FDD, showing a range of possible costs from low to high.	$430,853 - $680,183
Net Worth Requirement Definition: The minimum net worth you must have in order to qualify to become a franchisee of this company What you need to know: Net worth is the value of a person's assets minus liabilities. Assets include cash, stocks, retirement accounts, and real estate. Liabilities include items like mortgages, car payments, and credit card debt.	$500,000
Cash Requirement Definition: The minimum liquid capital you must have available in order to qualify to become a franchisee of this company.	$150,000
Veteran Incentives Definition: A discount or other incentive offered to military veterans who buy a franchise with this company.	20% off franchise fee
Royalty Fee Definition: A ongoing fee paid to the franchisor on a regular basis. What you need to know: Most franchisors require franchisees to pay an ongoing royalty fee, which is detailed in Item 6 of the FDD. This fee is typically a percentage of weekly or monthly gross sales, but may also be a flat weekly, monthly, or annual fee.	6%
Ad Royalty Fee Definition: An going fee paid to the franchisor on a regular basis to support advertising or marketing efforts. What you need to know: This may also be called advertising fee, marketing fee, brand fund fee, and more, but the basic purpose is the same-- to support promotion of the brand systemwide. As with the royalty fee, it is detailed in Item 6 of the FDD, and can be a percentage of weekly or monthly gross sales or a weekly, monthly, or annual fee.	2%
Term of Agreement Definition: The length of time your franchise agreement will last. What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease. Once your term is up, you may have the option to renew your agreement, typically for a smaller fee than the original franchise fee.	10 years
Is franchise term renewable?	Yes

Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

Third Party Financing	Prose Nails has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, payroll

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

On-The-Job Training	40 hours
Classroom Training	40 hours
Ongoing Support	Newsletter Meetings & Conventions Grand Opening Online Support Security & Safety Procedures Lease Negotiation Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
Marketing Support	Co-op Advertising Ad Templates National Media Regional Advertising Social Media SEO Website Development Email Marketing Loyalty Program/App

Operations

Additional details about running this franchise.

Is absentee ownership allowed?	Yes
Can this franchise be run from home/mobile unit? Definition: The business can be run from your home and/or a vehicle, and it is not necessary to have a retail facility, office space, or warehouse.	No
Can this franchise be run part time? Definition: This business can be run by the owner on a part-time basis (less than 40 hours per week) and/or as a side business; it is not necessary for the business to be open/run full-time.	No
# of employees required to run	20
Are exclusive territories available? Definition: An exclusive territory is a fixed area in which you are given the right to operate and in which no other units of the same franchise may be opened. What you need to know: Territory size may be based on factors such as radius, population size, zip codes, and more. Details can be found in Item 12 of the FDD.	Yes