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<a href="https://www.heydayskincare.com/pages/franchise?utm_source=1851franchise.com&utm_medium=article&utm_campaign=heyday-skincare-finishes-first-quarter-with-three-new-franchise-partners-signing-for-20-new-units-2718585" target="_blank" rel="nofollow">Heyday</a>, the franchise brand that’s taking the facial out of the spa, is&nbsp;transforming the $7 billion skincare services industry by&nbsp;making professional, personalized skincare accessible to the masses. After accomplishing goals in its first year that are on par with a&nbsp;<a href="https://1851franchise.com/heyday/how-emerging-skincare-franchise-heyday-became-a-five-year-franchisor-in-year-1-2718115">five-year franchisor</a>,&nbsp;the brand’s goal is&nbsp;to open 16 locations by the end of 2022.And if its recent performance is any indication, it’s well on its way to reaching those goals.In the first quarter of 2022 alone, Heyday has signed three new multi-unit franchise partners for a total of 20 locations in the Boston, Houston and Phoenix markets. It has also secured six leases this quarter in Atlanta, Dallas, Los Angeles and Philadelphia. Add that to the leases signed last year and the brand is poised to meet its ultimate goal of opening 300 stores by 2026.“I think that in 2021, our biggest challenge was getting staff back,” said&nbsp;<a href="https://www.linkedin.com/in/denniswcampbell/?originalSubdomain=ca&utm_source=1851franchise.com&utm_medium=article&utm_campaign=heyday-skincare-finishes-first-quarter-with-three-new-franchise-partners-signing-for-20-new-units-2718585" target="_blank" rel="nofollow">Dennis Campbell</a>, Heyday’s vice president of franchise development. “Now that we're fully staffed seven days a week in most of our locations, we’re able to focus on growth, and we’re making progress toward our goals every day. We're really hitting the gas.”Heyday’s mission is to change the way people think about skincare and wellness. Its membership-based model makes skincare more accessible, enabling its members to make facials a part of their everyday wellness routine rather than just a once-in-a-while indulgence. It’s doing this by offering lucrative franchise opportunities in major markets across the U.S.&nbsp;The membership-based model is one of the key differentiators for franchisees, as recurring revenue helps reinforce the strength of the Heyday concept. In Q1 this year, Heyday didn’t just meet its goal of having 70% of clients receiving facials as members, it exceeded it.“That was a big goal of ours, hitting 70%,” Campbell said. “So that tells us that we’re doing a lot of things right, because we’re setting aggressive goals and we’re actually beating them, which is exciting.”As part of its momentum early in 2022, Heyday is building relationships with national landlords who are bullish on the brand’s concept and viability in various markets across the U.S. One of these strategic relationships is with Charlotte, North Carolina-based Asana Partners, with whom Heyday has signed lease agreements on a number of locations, with plans for more.“Heyday's core business strategy is strong, and they have been a great partner in several locations in our portfolio,” said&nbsp;<a href="https://www.linkedin.com/in/katiegrissom/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=heyday-skincare-finishes-first-quarter-with-three-new-franchise-partners-signing-for-20-new-units-2718585" target="_blank" rel="nofollow">Katie Grissom</a>, managing director at Asana Partners. “Their individualized approach to skincare and the company's growing brand recognition make them an attractive tenant in locations like the Krog District in Atlanta and Old Town, Alexandria, where our customers are drawn to a high-quality, experiential concept like Heyday.”Heyday was first launched in New York City in 2015 before expanding to Los Angeles. After proving its viability in those trendsetting markets,&nbsp;the brand is poised to succeed in markets nationwide to satisfy the growing demand for high-quality, membership-based skincare services.Heyday’s goal is to open 20 locations in 2022. It is set to open stores in Alexandria, Atlanta, Dallas, Los Angeles and Chicago this summer, followed by locations in Philadelphia, and more in Atlanta this fall. With this kind of momentum and the rate at which the brand is signing franchise partners and lease agreements, the question is not if Heyday will reach its ambitious goals, or even when.&nbsp;The real question is how fast.Start-up costs to open a Heyday range from $574,000 to $755,500. For more information about Heyday franchising visit:&nbsp;<a href="https://franchising.heydayskincare.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=heyday-skincare-finishes-first-quarter-with-three-new-franchise-partners-signing-for-20-new-units-2718585" target="_blank" rel="nofollow">https://franchising.heydayskincare.com/.</a>&nbsp;

Heyday Skincare Finishes First Quarter with Three New Franchise Partners Signing for 20 New Units

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After a promising Q1, the brand that’s reinventing skincare is on pace to open 16 new locations in 2022.

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How much can franchisees make? It’s a question many prospective owners ask before investing in a franchise. While earnings tend to be driven by variables such as industry, location and general management skills, a proper understanding of the key factors driving profitability can help franchise owners develop expectations that are realistic.&nbsp;Multi-unit franchisee&nbsp;<a href="https://www.linkedin.com/in/mangesh-patel-9368569/">Mangesh Patel</a>, who’s readying the launch of six&nbsp;<a href="https://www.beefobradysfranchise.com/">Beef ‘O’ Brady’s</a> restaurant locations in the Macon, Georgia area, shares insights from his franchising experience.<h2>Understanding Franchise Income</h2>Keeping operational costs in check can have a major impact on overall earnings. Taking a proactive approach to expenses such as food and labor, as well as payroll and scheduling, can help align actual franchise income with general expectations for the business.“I just had a meeting with a couple of people, and they said, ‘You talked about a 25% profit margin, but I’m only doing 12%.’ So, I looked at the figures they sent me,” Patel said. “Their&nbsp;<a href="https://1851franchise.com/calculate-restaurant-franchise-profit-2730476">restaurant</a> food cost was running at 37%, which should be around 30%. The national average is about 32%. If I do things correctly, my average food cost needs to be at or below 30%. And payroll should run around 18%. But many people run 25 to 28%.”So,&nbsp;<a href="https://1851franchise.com/unraveling-franchise-earnings-how-much-can-you-really-make-2723935">how much can franchisees make</a>? Here are five areas to consider.<h2>Practical Tips for Prospective Franchisees</h2><ol><li>Control Costs From Day One:&nbsp;It’s important to monitor payroll, food and supply costs closely. Overstaffing and inefficiencies can quickly reduce profits.</li><li>Plan For The Opening Surge:&nbsp;Traffic within the first few months of opening is likely to be higher. It’s important to adjust staffing and inventory accordingly, and pay close attention to how those levels change as time goes on.</li><li>Invest In Training:&nbsp;Properly trained workers can help reduce waste and improve overall service, which has a direct effect on net income.</li><li>Understand Your Market:&nbsp;Each market is unique and revenue potential will vary depending upon location, demographics and competition.</li><li>Track Metrics Regularly:&nbsp;Food cost percentages, labor ratios and weekly sales data act as key indicators operations may need to be adjusted.</li></ol><h2>What Profitability Really Comes Down To</h2>Patel notes that if franchise owners manage labor and costs properly, it’s not impossible to achieve strong cash flow even in the first year, bucking some franchising trends.So,&nbsp;<a href="https://1851franchise.com/how-much-can-you-make-as-a-franchise-owner-2724761">how much can franchisees make</a>? While results tend to vary, careful planning, disciplined operations and a proactive approach to assessing initial costs are essential. But by grasping and guiding the elements that drive franchise profitability, franchise owners can maximize overall business earnings, scaling a business that’s sustainable financially over the long term.Want to learn more about franchise opportunities on 1851 Franchise? Be sure to visit our&nbsp;<a href="https://1851franchise.com/power-rankings">Power Rankings</a> to read more on brands making moves.

How much can franchisees make? This guide explains what drives franchise earnings and how to manage costs, with expert tips from multi-unit owner Mangesh Patel on maximizing your franchise income.

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Heyday Skincare Finishes First Quarter with Three New Franchise Partners Signing for 20 New Units

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