Idolize Brows & Beauty

    Franchise research report · reviewed 2023 disclosure data

    Researching Idolize Brows & Beauty franchise opportunities? Every figure below is cited to the FDD.

    Reviewed sources
    Franchising since
    2017
    Source: franchise.org
    Headquarters
    Charlotte, NC United States
    Source: franchise.org

    Over 12 years of experience, Idolize Brows and Beauty offers high-quality beauty services at affordable pricing. Being a Franchise Owner of an Idolize Brows & Beauty spa is an opportunity to own the ultimate feel-good business.

    Headline figures

    Idolize Brows & Beauty quick facts

    Is Idolize Brows & Beauty a franchise?
    Yes. Idolize Brows & Beauty offers franchises through a Franchise Disclosure Document. At the end of 2022, it reported 5 franchised and 6 company-owned outlets (2023 FDD, Item 20, PDF p. 59).
    How much does it cost to open an Idolize Brows & Beauty franchise?
    The Idolize Brows & Beauty Franchise Disclosure Document reports an estimated initial investment of $381,904 (2023 FDD, Item 7, PDF p. 17). This is the franchisor's disclosed estimate, not a quote. Details
    What ongoing fees does Idolize Brows & Beauty charge?
    The disclosed ongoing royalty is 6% (2023 FDD, Item 6, PDF p. 11). The brand or advertising fund contribution is 1% (2023 FDD, Item 6, PDF p. 12). Other recurring fees are listed in Item 6. Details
    Does Idolize Brows & Beauty disclose financial performance (Item 19)?
    Yes. The Idolize Brows & Beauty FDD includes an Item 19 financial performance representation (2023 FDD, Item 19, PDF p. 56). Figures apply only to the locations and period each one covers. Details
    How many Idolize Brows & Beauty locations are there?
    The FDD reports 11 outlets at the end of 2022 (2023 FDD, Item 20, PDF p. 59). Existing locations do not indicate territory availability. Details
    Is Idolize Brows & Beauty a good franchise to buy?
    Franopolis does not rate or recommend franchises. From the reviewed FDD: Item 19 includes financial performance figures; check which locations and period they cover; Item 20 lists outlet openings, closures and transfers; Item 6 includes a brand or advertising fund contribution on top of royalty; Item 20 also lists current and former franchisees you can contact. Review the full FDD with a franchise attorney and accountant before deciding.

    From reviewed FDD figures only. Not a recommendation or projection.

    What the disclosures show

    1. 1Opening costs are estimated at $381,904 in the 2023 FDD (Item 7); several initial fee options apply.
    2. 2Item 19 covers 4 separate groups: other measures for 2 locations; other measures for 2 locations; other measures for 3 locations; other measures for 3 locations. They are not combined.
    3. 3Outlets grew by 2 in 2022, to 11 (System-wide, as labeled in the FDD, Item 20).

    From reviewed FDD figures only. Not a recommendation or projection.

    Idolize Brows & Beauty head-to-head

    Closest peers in the same subcategory, side by side from reviewed FDD figures. Not a ranking or recommendation.

    Costs · Items 5–7

    What does it cost to open?

    Estimated opening costs and the fees payable to the franchisor.

    Startup Investment — Item 7

    Total estimated initial investment

    2023 FDD · Item 7 · PDF p. 17

    Formats disclosed in Item 7 (2)

    Each format has its own total. The total depends on the format you choose; multi-unit packages are listed but not included in the headline range.

    • $381,904–$462,303PDF p. 17$381,904
    • Multi-unit development: Total $425,904–$504,303Multi-unitPDF p. 19$425,904

    Ongoing Fees — Item 6

    Selected recurring charges; payment bases and conditions remain attached to each fee.

    Royalty: 6% of Gross SalesMain ongoing fee

    18 reported fees, each with its payment basis, are listed below; they haven't been sorted into recurring, initial and occasional groups yet.

    Financial Performance — Item 19

    What results are disclosed—and for which locations?

    4 separate populations, shown apart. Revenue is not owner income.

    Locations counted: not stated in the reviewed record

    Other measures · 2 locations

    Who is counted
    Two included franchised spas, one in Raleigh and one in Charlotte, for 2022.
    Period
    2022 average gross profit less disclosed expenses and franchisee-related expenses: $165,398
    Excluded
    Excludes a location with an ownership change, one without financial statements, and two opened during 2022.
    Method
    Gross sales and expense information reported to franchisor by franchised spas

    Locations counted: not stated in the reviewed record

    Other measures · 2 locations

    Who is counted
    Two included franchised spas (Raleigh and Charlotte), 2022 transactions.
    Period
    2022 average total transactions: 17,595
    Excluded
    Excludes locations not included in the two-spa reporting group: ownership change, absent financial statements, or opening during 2022.
    Method
    Reported from Point of Sale data

    Locations counted: not stated in the reviewed record

    Other measures · 3 locations

    Who is counted
    Three representative affiliate-owned spas (Spa 3, Spa 4, and Spa 5), 2022.
    Period
    2022 average net profit as a franchise: $158,371
    Excluded
    Excludes two mall kiosks and one spa transferred in February 2022.
    Method
    Reported from affiliate-owned spas’ accounting software

    Locations counted: not stated in the reviewed record

    Other measures · 3 locations

    Who is counted
    Three representative affiliate-owned spas (Spa 3, Spa 4, Spa 5), 2022 transactions.
    Period
    2022 average total transactions: 25,598
    Excluded
    Excludes two mall-kiosk spas and one spa transferred in February 2022.
    Method
    Reported from each spa’s Point of Sale system

    These groups are never combined.

    Outlet Changes — Item 20

    How has the outlet count changed?

    System-wide, as labeled in the FDD · counts as of 2022 of each year.

    2023 FDD · Item 20 · PDF p. 59

    Net +2 outlets, 2020–2022

    092020920211120220+2

    Year-end counts reported in Item 20. The scale starts at zero; the labels between the dots show each year's change. Openings and closures for 2022 haven't been pulled from the Item 20 tables yet, so no turnover or churn is shown.

    Questions to investigate

    Prompts based on what this brand's reviewed disclosures do and don't show — not conclusions. Join free as a member to save questions to your research.

    For the franchisor

    • Which line items in the 2023 Item 7 estimate ($381,904) vary most by market, and why?

    • Which initial fee option would apply to my situation, and what conditions or discounts affect it?

    • Which locations are included in the Item 19 figures, and which were excluded?

    • Reported units went from 9 to 11 in 2022. How many new units opened, closed or changed hands?

    • Is a territory available in my area, and how is it defined in my agreement?

    For current and former owners

    • How did your actual startup costs and timeline compare with the Item 7 estimate?

    • How many hours a week do you work in the business, and in what role?

    • How do your results compare with the Item 19 figures, and what explains the difference?

    • What support from the franchisor has been most and least useful?

    For your advisors

    • Ask a franchise attorney to review the territory, renewal, transfer and termination terms.

    • Ask an accountant to build a cash-flow plan using your own assumptions, not the franchisor's.

    Sources & vintage history

    Every displayed fact is retained with its disclosure vintage, item, page, and reviewed status. Prior vintages remain on file rather than being overwritten.

    Citations (2023 FDD)

    1. [1]Estimated initial investment — Item 7 · PDF p. 17
    2. [2]Item 19 — Locations counted not stated in the reviewed record — Two included franchised spas, one in Raleigh and one in Charlotte, for 2022. · PDF p. 56; PDF p. 55
    3. [3]Item 19 — Locations counted not stated in the reviewed record — Two included franchised spas (Raleigh and Charlotte), 2022 transactions. · PDF p. 57
    4. [4]Item 19 — Locations counted not stated in the reviewed record — Three representative affiliate-owned spas (Spa 3, Spa 4, and Spa 5), 2022. · PDF p. 55; PDF p. 54
    5. [5]Item 19 — Locations counted not stated in the reviewed record — Three representative affiliate-owned spas (Spa 3, Spa 4, Spa 5), 2022 transacti… · PDF p. 57
    6. [6]Outlet counts — Item 20, Table 1 · PDF p. 59

    "PDF p." is the page in the PDF file; "printed p." is the number printed on the FDD page.

    Territory & operations

    These are contract disclosures, not confirmation that any territory is currently available.

    Franchisor financial statements

    Fiscal yearMeasureReported value
    20212021 total assets: $420,396$420,396
    20212021 total liabilities: $600,213$600,213
    20212021 member's deficit: $(179,817)-$179,817
    20212021 net income: $46,542$46,542
    20212021 cash ending balance: $196,992$196,992

    These figures describe the franchisor company, not individual franchise locations.

    SBA-backed loans to franchisees

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    Source: U.S. Small Business Administration 7(a) & 504 FOIA data. Loan volume is not a measure of franchisee success.

    At a glance

    Business history

    Not reviewed

    Owner participation

    Not reviewed

    Territory language

    Litigation disclosure

    Not reviewed

    Bankruptcy disclosure

    Not reviewed

    Agreement term

    Not reviewed

    Independent analysis of franchisor-provided data. Not investment advice. Franopolis does not distribute FDDs.

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