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THE TEN SPOT

THE TEN SPOT: Where Luxury Meets Efficiency in […]

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Franchise Costs and Requirements

Franchise Details

Year Established: 2012
Category Locations: Retail
Available Ownership Type: Executive,Owner Operator,Semi-Absentee,Absentee
Corporate HQ City: Toronto
Corporate HQ State: Ontario
Investment Range: $100,000+
Canada Franchising: Yes
Latin America Franchising: Yes
India Franchising: Yes
Franchise Fee: $50,000
Royalty Percentage: 6%
Veteran Discount: Yes
E2/EB5 Visas: Yes
Master Franchise Opportunities: Yes

Background

THE TEN SPOT: Where Luxury Meets Efficiency in the Beauty WorldThe TEN SPOT is a rapidly growing franchise of one-stop beauty bars offering a unique blend of luxury spa services and convenient salon efficiency. Founded in 2006 in Toronto, Canada, by Kristen Gallant, THE TEN SPOT has exploded in popularity, boasting nearly 50 locations across Canada and the United States, with another 50 in development.What sets THE TEN SPOT apart is its focus on impeccably executed services delivered in a clean, modern, and fun environment. Think manicures, pedicures, waxing, laser hair removal, and facial treatments, all available under one roof with a cheeky and welcoming vibe. Gone are the days of stuffy spas and long wait times – THE TEN SPOT gets you in and out quickly, without compromising on quality.Here's what you can expect at a THE TEN SPOT bar:Multiple service bars: Nails, waxing, laser, skin, lashes, and brows – you name it, they've got it.Efficient and friendly service: Highly trained staff sørge for a smooth and enjoyable experience.Cleanliness and hygiene: Top priority, with a focus on sanitation and a modern, minimalist aesthetic.Fun and welcoming atmosphere: Playful decor, upbeat music, and a touch of sass make THE TEN SPOT a place where you can relax and have a good time.Multiple revenue streams: Gift cards, series, packages, promotions, private parties, and their own line of beauty products keep the cash flow flowing.Whether you're a busy professional looking for a quick mani-pedi on your lunch break or someone who wants to indulge in a luxurious facial treatment, THE TEN SPOT has something for everyone. With its award-winning business model, recession-resistant concept, and passionate franchise partners, THE TEN SPOT is sure to continue its reign as a leader in the beauty industry for years to come.

Support & Training offered by THE TEN SPOT

THE TEN SPOT offers a comprehensive support and training program for new franchisees, designed to equip them with the knowledge, skills, and resources needed to successfully launch and operate their beauty bar. Here's a breakdown of the key components:Pre-opening:Franchise onboarding: New franchisees participate in an intensive multi-week training program covering all aspects of running a THE TEN SPOT, including:Business operations and managementGuest service and experienceService procedures and protocolsMarketing and brandingFinancial management and reportingTechnology and software systemsHiring and staff trainingSite selection and constructionSite selection and construction: THE TEN SPOT provides guidance and support throughout the process of finding and building your bar, ensuring it meets brand standards and local regulations.Marketing and PR: You'll receive a pre-opening marketing toolkit and access to marketing specialists who can help you create a buzz around your grand opening.Grand opening and ongoing support:Dedicated field consultant: You'll be assigned a dedicated field consultant who acts as your personal coach and resource, providing ongoing support and guidance in all areas of your business.Operational support: THE TEN SPOT offers a comprehensive operations manual and online resources to answer any questions you have about day-to-day operations. You'll also have access to a 24/7 support hotline.Training and development: Franchisees attend annual conferences and regional meetings to network with other owners, learn about new trends and services, and participate in ongoing training.Marketing and advertising: THE TEN SPOT provides national marketing campaigns and co-operative advertising programs to support your local marketing efforts.Technology and software updates: You'll have access to the latest booking software, point-of-sale systems, and other technology tools to optimize your business operations.Financial guidance: THE TEN SPOT can provide consulting on financial matters, budgeting, and forecasting, and can help you access financing options.Additional benefits:Strong brand recognition: THE TEN SPOT is a well-established and trusted brand, giving you a head start in attracting customers.Proven business model: THE TEN SPOT has a successful track record of franchisee success, providing you with a blueprint for operating your business efficiently and profitably.Scalability: THE TEN SPOT model is designed for growth, allowing you to expand your business over time to multiple locations.Overall, THE TEN SPOT provides a comprehensive and supportive environment for new franchisees, giving them the tools and resources they need to thrive in the beauty industry.

Additional Information

Category Location Retail
Number of Units Open
Investment Range $300,000 - $450,000
Master Franchise false
Home based franchise YES
Item 19 Franchise YES
Veteran Discount YES
Franchise Opportunities in Canada YES
International Franchise Opportunities
E2/EB5 Visa Franchise YES
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