INVESTMENT

Investing in Yourself

We understand that becoming an entrepreneur is a big deal and a big decision.  The Vixen® team wants to make sure you have all the information you need to pick the right franchise.  One of the benefits of a Vixen® Franchise is that all costs are allocated with precision to ensure you stay on or below budget.  The start-up costs for a Vixen® development are outlined in the charts below.

We offer two Vixen® concepts to choose from:

Vixen® Nails & Spa

Products: Spa & Esthetics | Size: 1,000 - 1,500 sq. ft.

 FromTo
Franchise Fee$35,000$35,000
Leasehold Improvements and Construction$107,000$158,000
Business License and Permits$1,500$3,000
Service Equipment and Fixtures$49,369$59,492
Lease Payments (3 months)$10,500$21,000
Rent/Lease and Real Estate Security Deposits$8,250$16,500
Opening Operating and Retail Inventory$20,100$23,600
Grand Opening Advertising$4,000$9,000
Initial Training Expenses$5,000$10,000
Insurance$1,710$1,710
Professional Fees and Systems Setup$3,000$5,000
Operating Working Capital$16,500$35,000

Vixen® Nails • Salon • Spa

Products: Spa, Esthetics & Hair Services | Size: 1,500 - 1,800 sq. ft.

 FromTo
Franchise Fee$45,000$45,000
Leasehold Improvements and Construction$125,500$176,500
Business License and Permits$1,500$3,000
Service Equipment and Fixtures$59,941$67,051
Lease Payments (3 months)$16,500$24,000
Rent/Lease and Real Estate Security Deposits$10,100$21,000
Opening Operating and Retail Inventory$28,10039,600
Grand Opening Advertising$4,000$9,000
Initial Training Expenses$7,000$11,000
Insurance$1,710$1,710
Professional Fee and Systems Setup$3,000$5,000
Operating Working Capital$28,100$39,600

The Vixen® organization does not provide financing, however, we have excellent relationships with the major banks to put you in a great position to acquire financing.  They offer the Canada Small Business Loan up to $350K which can cover 100% of leasehold improvements 90% of the equipment and fixture costs!  Liquid capital is needed in the amount of $100K to cover the rest of the costs.

The initial franchise fee is $35,000 for Spa & Esthestics concept and $45,000 for the Spa, Esthetics & Hair Services concept.  This fee is included in the start-up cost and is a one time fee for 10 years.  This gives you access and  rights to all of our trademarks, proprietary protocols, operating systems, initial training and procedures that make a Vixen® Franchise successful (the secret sauce).

With a Vixen® Franchise, your royalty fee of 6% of gross revenues monthly is quite competitive in the franchise industry.  This fee covers ongoing business operations, network & systems support from our Corporate Team professionals.  Your success is our success and that is something we take pride in to certify future brand development.

We keep your expenses down by simplifying our general brand advertising and marketing contribution to a monthly fee of 2% of gross revenues, this pooled effort guarantees superb brand marketing strategies keeping us one step ahead of our competitors.