Franchise Deep Dive: Freecoat Nails Franchise Costs, Fees, Profit and Data
With high-end, non-toxic products, the Charleston-based nail salon franchise aims to stand out in the fragmented industry by prioritizing a cleaner experience.
LAST UPDATED: May 6, 2023
FRANCHISE WEBSITE: https://www.freecoatnailsfranchising.com/
NUMBER OF LOCATIONS: 6
REPORTED COST TO GET IN: $221,500–$562,500
REPORTED ROI (Item 19): $383,648 (average topline revenue in 2020)
Freecoat Nails is a nail salon franchise that offers a variety of services in the non-toxic beauty industry. In addition to nail services, Freecoat also offers infrared saunas, waxing, eyebrow tinting, retail boutiques and more.
How Many Freecoat Nails Locations Are There?
The original Freecoat Nails was founded in Charleston, South Carolina in 2017. Today, the brand is currently owned by Landon and Kat Eckles, two franchisees who own and operate Clean Juice, a fast-rising organic juice bar franchise with over 100 locations across the country. It was through their ownership of this popular brand that they discovered Freecoat, and fell in love with the high standards and aesthetic the brand has to offer. The Eckles also host a health and wellness-based podcast called #BeOrganic. Since starting to franchise in 2020, Freecoat Nails has expanded to include six locations across the country.
What Is the Freecoat Nails Business Model?
The Freecoat Nails business model is based around opening “an upscale beauty salon with non-toxic skincare products and services.” Each location is equipped with hospital-grade ventilation systems to evacuate fumes and circulate clean air. Freecoat prides itself on using high-end, non-toxic products, and never offers Signature Nail Systems (SNS) or fake nails/acrylics, which may contribute to toxic fumes.
Incoming Freecoat franchisees will most likely need to be in the salon every day to make sure things are running smoothly and the team feels supported. The first few weeks and months are a crucial period for the business as franchisees build a strong team and introduce customers to the concept. Franchisees will need to network with local businesses, coach and develop a team, and be empowered to make smart decisions for growing business.
Once the business has been open for a considerable amount of time and franchisees have a strong team in place, they won’t need to be there every day. Regular tasks include recruitment, local store marketing and optimizing schedules.
How Much Can Freecoat Nails Franchise Owners Make?
According to the brand’s 2021 Franchise Disclosure Document (FDD), the financial performance representations for Freecoat studios are as follows:
How Much Does It Cost to Open a Freecoat Nails?
The total investment necessary to open a Freecoat Nails salon ranges between $221,500 to $512,500. This includes:
What Is the Franchise Fee for Freecoat Nails?
The initial franchise fee is $49,500.
Who’s On Freecoat Nails’ Leadership Team?
What Helpful Articles Can I Read to Learn More About Freecoat Nails?
- A Day in the Life of a Salon Owner
- FDD Review
- Charlotte-Based Freecoat Nails Signs First Franchise Agreements In North Carolina
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