contents - Camille Albane Franchise
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contents - Camille Albane Franchise
CONTENTS What Is Camille Albane? 1 The Camille Albane Story 5 How Are We Different? 7 What Are My Startup Costs? 10 What Services Do We Provide? 12 What Is French Beauty? 14 What Is Balayage? 16 How Big Is The Salon Industry 18 What Makes For A Good Location? 20 Who Makes A Good Franchisee? 21 What Training And Support Do We Offer Our Franchisees? 23 Camille Albane Franchise Review 25 Meet The Management Team 30 FAQs 32 Next Steps 34 CAMILLEALBANEFRANCHISE.COM WHAT IS CAMILLE ALBANE? Decades of trendsetting chain-salon experience in Europe give Camille Albane salons unique position in U.S. beauty marketplace When it comes to beauty, fashion and style, France plays a major role in trendsetting. From haute couture to street style, there’s something alluring about French style. That indefinable something extra, known in French as ne plus ultra, is why customers flock to French beauty brands. Camille Albane, a Paris-based franchise brand owned by upscale European salon chain Dessange International, is expanding into the U.S., making French beauty accessible to the urban American market. Customers are already crazy about the services, techniques and pampering they get at our flagship U.S. store in Boston, and more salons are being developed throughout the United States. Although Camille Albane is an established and mature brand in Europe, we offer potential franchisees a ground-floor opportunity in the United States. Many prime metro markets are still available for salon development. Our franchisees will have the training, marketing and support systems of an almost 2,000-unit chain with decades of franchise experience. “It’s not just about the backing and the huge support system you get with Camille Albane, it’s about the 60 years of heritage in the hair industry,” says CEO Linda Chadwick. “That’s a tremendous amount of experience in the salon franchise industry, and our franchisees will reap the benefits.” Camille Albane is already established as one of the most popular franchised hair salons in Europe for high-end beauty. We put out collections in spring and fall to coincide with Paris Fashion Week; they include haircuts, make-up and nail color. Our salons are not 1 only in the world’s fashion capital, they extend everywhere from Monaco to Moscow to Saudi Arabia and beyond, and now they’re bringing the service tradition behind authentic French beauty to America. The least competitive salon franchise segment When people think of hair salon franchises, they tend to think of deep discount or haircutonly chains like Great Clips, Supercuts and Hair Cuttery. Since these no-frills, deep-discount brands don’t charge as much for their services, they can only survive by making sure customers aren’t sitting in their chairs for very long. Often, they try to serve three to four customers per hour, per chair. If customers don’t get in and get out fast, their model breaks down. In the higher-end salon segment, which caters to a more sophisticated client, there’s very little chain competition. The market is dominated by independent salons who do not have the training, marketing sophistication or budgets of a national brand. They often approach the business as “artists” rather than business people. In the upscale salon business, the winning formula is to approach the business as both an artist and an entrepreneur. We provide the beauty acumen; you bring the business smarts. Intelligent chains love operating in what is known as a highly fragmented business — there’s no McDonald’s, Wal-Mart, Apple or other dominant brand to contend with. There is a large market share to be grabbed from the unsophisticated independent operators, which CAMILLEALBANEFRANCHISE.COM make up more than 90% of the market. Our average ticket price is $90, and it’s not at all unusual for our clients to spend $200 in a single visit. There’s a huge market for higherend salon services. Only a few other national brands are in that space, and those brands only serve a small fraction of the available market. Independently owned salons, where prices, services and quality vary widely, provide most of those services. Customers value consistency, and that’s a key advantage Camille Albane brings to the table. Our business and training systems are proven to create both a high-quality product and a high-end customer experience. This attracts skilled stylists who wish to 2 capitalize on our training and brand power to ascend to the top of their field. That contributes to a sustainable cycle of success that will carry our brand far into the future. It’s traditional in France for aspiring stylists to start studying and training in their field as teenagers, spending years as apprentices to perfect their skills before they’re ready to take on clients of their own. This is the sort of expertise and tradition Camille Albane is bringing to our salons in America. In the end, for customers who want to achieve a certain look, it’s not about convenience and discounts, it’s about finding someone who has mastered the art of style. That’s the market that Camille Albane is CAMILLEALBANEFRANCHISE.COM tapping into domestically. And our first U.S. franchisee, John Prichard, was excited by that potential. Customer experience like no other As the largest franchise owner in the Fantastic Sams hair salon system, which is also owned by Dessange International, John Prichard and his wife, Patti, already manage 27 salons. When they learned about the Camille Albane opportunity, which would expand their reach into the upscale segment, they wanted to find out more. The Prichards visited a dozen high-end salons in their market, where stylists charged anywhere from $40 to $200 for a haircut. They 3 wanted to see what was available at these salons — and what was missing. No matter what the price point, they noted, there wasn’t really a whole lot of difference between the high-end salons and their own value salon franchises. The customer got a consultation, the hair services they’d requested and then they were done. They were usually finished in 45 minutes to an hour. At Camille Albane, the experience is all about the details. The client is the center of attention from the moment they walk in the door. Everyone is there to make the client feel good about themselves. Our customers are coming to us because we’re a fashion-forward brand. We give them coffee or tea, a French CAMILLEALBANEFRANCHISE.COM pastry, their own assistant. We do their hair, offer a manicure and pedicure, and even touch up a client’s make-up before she leaves. When the customer walks out, they are ready from head to toe to take on anything that might come their way. We make her feel like she’s the most wonderful woman in the world,” says Maria Cavard, General Manager. The Prichards are now in the process of opening five Camille Albane salons in their market. Our plans for nationwide expansion Camille Albane is adding 200-300 new locations over the next decade, and we’re looking for people like the Prichards who want to help us make French beauty more accessible. Our salons offer clients exactly what they could get if they went to Paris. They offer franchisees a chance to make a smart investment in a wideopen franchise segment. 4 If you’ve got business experience and are passionate about this opportunity to help build an established European brand in new American territories, we’d love to hear from you. CAMILLEALBANEFRANCHISE.COM THE CAMILLE ALBANE STORY How did we become Europe’s largest hair salon franchise? If you’ve been to Paris, Milan, London or Moscow, you’ve probably seen Camille Albane salons. With nearly 300 locations in 11 countries, we’ve been the dominant upscale salon in the European Union since 1994. It all started with one very talented stylist. Camille Albane, our salon’s namesake, was born Jeanne Dereux in Avignon in the south of France. She graduated from secondary school after studying philosophy and then decided to pursue a lifelong dream: She enrolled in hairstyling school in Marseille. At the age of 20, she moved to Paris and very quickly became the most sought-after Fabian Fieschi and Benjamin Dessange 5 hairdresser on the Left Bank. She worked with master hairstylist Jacques Dessange, founder of Dessange Paris. In 1970, he helped her open her first salon in the Rue Bonaparte, where photographers, editors, stylists, artists and writers gathered in a chic and friendly atmosphere. In 1994, as a result of her success, Camille Albane became a separate franchise brand. Within four years, the group had 90 salons. Over the years we have earned a reputation as a place where a woman can go not only to update and maintain her style, but also to be treated like a VIP. Our upscale salon franchises CAMILLEALBANEFRANCHISE.COM celebrate the expression of every client’s unique beauty through hair, make-up, nail services and retail products. We are internationally recognized for our fashionforward techniques, innovative proprietary products and clientcentered salon operations. From our annual Prestige Show during Paris Fashion Week to our trend-setting biannual collections, we know how to inspire and connect with our connected and chic clientele. Our salon franchise offers something unique. What is Dessange? In 1954, a young stylist from Sologne, France, opened his first salon on the ChampsElysées in Paris. Jacques Dessange was passionate about celebrating feminine beauty with his avant-garde vision. He elevated hairstyling into artistry, and he taught everyone in his employ how to unlock the sophistication inside every woman. Sixty years later, with Jacques’ son Benjamin Dessange at the helm, the French salon is much sought after for its signature look and is a leader in the luxury and cosmetics industries. Dessange International sets the tone for the biannual collections, whose distribution is shared by Camille Albane. Today, Dessange International oversees a family of salon franchises that includes: Dessange Paris: The premium-luxury brand Dessange Paris is for women of a certain age who want to achieve the signature Dessange Paris look and have the means to keep it up. Dessange Paris known for pioneering the innovative hair-painting process known as Balayage, which results in a more natural hair color than traditional foil highlights. Dessange Paris has 400-plus salons worldwide. Camille Albane: Our upscale Camille Albane franchises number nearly 300 in 11 countries. In addition to our flagship store on Boston’s fashionable Newbury Street, 10 more Camille 6 Albane salons in Minneapolis and Dallas are open or in development. Fantastic Sams: This 40-yearold affordable, full-service salon franchise is the largest of its kind in the U.S. and was acquired by Dessange International in 2012. The Fantastic Sams brand provides cuts, color and waxing services and caters to men, women and children. The 1,100-unit chain is expanding its already-extensive reach in the U.S. The combined locations of Dessange Paris, Fantastic Sams and Camille Albane salons total nearly 2,000 around the globe, and our story doesn’t end here. We hope you’re excited to learn more about the opportunities to join Camille Albane and the larger Dessange Group North America family of franchise owners in the U.S. CAMILLEALBANEFRANCHISE.COM HOW ARE WE DIFFERENT? Extraordinary guest services set Camille Albane salons a world apart The pampering, relaxation and satisfaction a client encounters at a Camille Albane salon is usually only found at much pricier salons — salons that charge $200 or more for a haircut, more than twice what Camille Albane charges. It’s one of the important ways Camille Albane stands out. In addition to setting fashion trends, rather than following them as most salons do, our franchises offer consistently outstanding customer service to everyone who walks through our doors. Our mission is to make every woman feel special, whether she’s coming in for a unique Balayage color treatment, updating her style based on our twice-yearly trend-setting collections or having her make-up done for a special event. We have created a unique experience that builds customer loyalty to the Camille Albane brand, which drives revenues for our franchisees. Customer service is an increasingly rare commodity, so exceptional service stands out. Camille Albane focuses on providing a level of attention that people value and are willing to pay more for. This translates into more potential income for our franchise owners, because they’ll need fewer customers to achieve profitability. How our customer experience is better The French fashion industry is known for its attention to detail. Haute couture — customtailored outfits sewn by hand — originated in Paris, and from an early age the French are taught that the small details matter. This is the philosophy at the base of our customer experience. Consider what a client can expect: When they walk in the door, they 7 are approached by a personal assistant who will take their bags and their coat, slip them into a clean robe that is pulled from a sealed plastic bag, offer them a seat, a magazine, an espresso or tea and a French chocolate or cookie. The customer will talk with their stylist for 15 to 20 minutes about their personality, CAMILLEALBANEFRANCHISE.COM their lifestyle and what they are seeking in a signature look. The stylist will consider the client’s bone structure and eye shape and think about what will most flatter her face and body type. After deciding what look is best, the stylist hands the client over to the personal assistant, who will escort them to the shampoo area. Here, the customer will recline in an incredibly comfortable custom-ordered Shiatsu massage chair while their scalp is massaged with a floral essence and their hair is cleansed over an imported Italian sink. If the customer is female — and most of our customers are — a towel is arranged into the shape of a flower over her wet hair. She is offered a manicure and pedicure using Camille Albane’s latest color palette, determined by the biannual collection. She rejoins her stylist, who applies the color, skillfully cuts her hair and styles it to perfection. Before she leaves, her make-up is touched up by a licensed cosmetologist. If the client has received a color treatment, the stylist will offer to mix a custom blend of our exclusive Pigma shampoo, which is designed to maintain and refresh hair color until the customer’s next visit. The stylist will 8 share what other products were used and offer the client the opportunity to purchase them so they can maintain their look at home. Finally, the customer is helped back into their coat as the staff arranges their next appointment and bids them farewell, leaving the customer refreshed, revitalized and ready to take on whatever comes their way. The two to three hours a customer spends with us is important to her. We deliver an incredible experience Who is our competition? Even in the independently owned premium salons that typically compete with Camille Albane, customers are unlikely to find that level of service on a consistent basis for an average ticket price of $90. With that higher ticket price, franchisees can earn more with fewer units. The premium salon franchise market isn’t very competitive because most franchises are on the discount end, typically in cutonly salons. The full-service Camille Albane franchises work hard to maintain a luxury feel, relying on more skilled stylists who update their skill set at least twice a year with classes CAMILLEALBANEFRANCHISE.COM taught by our Paris-trained educators. Even upscale salon franchise brands like Aveda or Toni & Guy can’t offer the same cachet as the Parisian-born Camille Albane, backed by a parent company with decades of salon franchise experience and more than 2,000 units combined worldwide. Our exclusive product lines, our pioneering techniques and our ongoing commitment to consistently excellent customer service put us in the leadership position. “Our brand may be new to the U.S., but our experience in the salon industry spans 40 years and hundreds of stores around the world for Camille Albane alone,” says President and CEO Allyson King. “Once they’ve been introduced to Camille Albane, people are going to crave our services.” 9 CAMILLEALBANEFRANCHISE.COM WHAT ARE MY STARTUP COSTS? An upscale salon franchise for a surprisingly affordable investment Camille Albane Paris is a salon franchise that appeals to a particular demographic: chic, successful clients aged 25-45 who live in upscale urban neighborhoods. These clients know what they want and are willing to pay for it. We keep that in mind when deciding on the perfect locations for our Camille Albane franchises. Most salons are around 1,200 square feet, and rents may vary. Typically, a new franchisee can expect to pay between $315,000 and $325,000 per salon. That includes a $40,000 franchise fee, which gives you the rights to operate as part of the Camille Albane brand. Investors who buy more than one salon can expect a significant 10 discount on franchise fees: They will pay $75,000 in franchise fees total for three salons and $100,000 for five salons. Your startup costs also will include training at our flagship salon in Boston; access to a web portal for all your marketing and advertising materials; the exclusive lineup of Camille Albane products; shampoo bowls, chairs and other furniture and fixtures; signs; insurance; promotional costs for 90 days; and $30,000$50,000 in operating expenses for your first three months in business. To understand more about startup costs, please take a look at Item 7 in our Franchise Disclosure Document. CAMILLEALBANEFRANCHISE.COM Your Estimated Initial Investment 11 Type of Expenditure Amount (LowHigh) Method of payment When Due To whom payment is to be made Initial Franchise Fee $20,000 to 40,000 Lump Sum When you sign the Franchise Agreement US Training Fee $1,650 to $2,800 Lump Sum Before Training begins US Travel and Living Expenses For You and Your Employees During Training $1,500 to $3,000 As incurred During Training Airlines, Hotels and Restaurants Leasehold Improvements/ General Construction (including architectural fees) $55,000 to $120,000 As Incurred Before you open your Salon Landlord, Suppliers and Contractors Rent $11,250 to $25,500 Lump Sum Before you open your Salon Landlord, Suppliers and Contractors Utility Deposits $500 to $1,500 Initial Product Inventory $15,000 to $25,000 As Incurred Before you open your Salon US or Other Suppliers Shampoo Stations and Chairs $15,000 to $20,000 Lump Sum Before you open your Salon US or Other Suppliers Other Furniture Fixtures, and Equipment $40,000 to $60,000 Lump Sum Before you open your Salon US or Other Suppliers Salon Supplies - Non Technical $20,000 to $25,000 As Incurred Before you open your Salon US or Other Suppliers Signage $7,000 to $15,000 Lump Sum Before you open your Salon Suppliers Advertising (first 90 days) $20,000 to $30,000 As Incurred As Arranged Suppliers Insurance $1,000 to $2,000 Nonrefundable as required As Incurred Insurance Company Additional Funds - 3 Months $30,000 to $50,000 As Incurred As Arranged Employees, Suppliers and Utilities TOTAL $237,900 to $419,800 CAMILLEALBANEFRANCHISE.COM WHAT SERVICES DO WE PROVIDE? Camille Albane helps every woman be the most beautiful version of herself At Camille Albane, we don’t follow trends. We make them. That’s the expectation our clients have of us, and our services are catered toward that fashion-forward client who isn’t afraid to be ahead of the curve. Although we have male clients, too, our typical customer is a woman between 25 and 45 years old, is successful and sophisticated and knows who she is. She comes to Camille Albane not to look like someone else, but to look like the best version of herself. While our average ticket price is $90, many of our clients spend twice that much or more. Because of our exclusive product line, our commitment to the customer experience and our wide array of services, Camille Albane offers our franchisees multiple streams of revenue. The business model Our line of hair-care products, styling products, make-up and accessories reflect our brand’s spirit and our “hair-color-make-up” service philosophy designed to bring out every client’s femininity, boldness, modernity and conviviality. Hair: Our salons offer the best and latest in hair care: fashion-forward styles like the pixie cut; defrizzing treatments; extensions; highlights, touch-ups and all-over color. We specialize in the Balayage color treatment, which was pioneered Dessange Paris and results in a more natural color for the customer. Camille Albane stylists are highly educated in the latest skills and take classes from our Paris-trained educators at least twice a year. Make-up: Licensed cosmetologists expertly apply a client’s make-up on every visit and then allow her to buy the products so she can reproduce the look at home. The line, refreshed twice a year, includes eye shadow, mascara, bronzer, lipstick and nail polish in a palette that closely reflects leading fashion trends. Our make-up is highly pigmented for long-lasting wear and is manufactured in Italy 12 CAMILLEALBANEFRANCHISE.COM to our professional specifications. Nails: Fewer things in life feel more like a luxury than a manicure/pedicure. It’s even more special when a client can also get her hair and make-up done at every appointment. Camille Albane produces an exclusive line of nail lacquer that coordinates with the seasonally updated collection of styles, colors and cosmetics. Retail products: Camille Albane knows clients want to look great between visits, so we’ve created an upscale product line designed to make that easy. Our hair-care products are formulated and packaged in Brittany, France, to our unique professional specifications. The Camille Albane, Phytodess and customblended Pigma lines are targeted treatments for every hair type, with ingredients ranging from natural mineral products to henna-based color optimizers. We also offer nutritionenhanced facial masques and shea and keratin restorative treatments. We import all our products from France to the U.S. and distribute them to our salons. Who is our ideal customer? Camille Albane’s French heritage and 20-year legacy of excellence in global beauty brings chic and trendy hair and make-up looks straight from Paris. As a member of the Dessange 13 International group of salon franchises, we are internationally recognized for our elite expertise in styling and coloring techniques. Our stylists collaborate with our sophisticated urban clients to create a style that uniquely conveys each woman’s personality boldly through beauty. Our high average retention rate of 60%-70% works in our franchisees’ favor. Women who color their hair visit a salon, on average, every six weeks. Camille Albane’s exceptional services build customer loyalty and keep those customers coming back to our franchisees. Since the average Camille Albane ticket is $90, those repeat visits add up quickly to produce a strong revenue stream for owners. Since our exciting concept is new to the United States, we can’t yet put together an average earnings report to demonstrate the revenue potential of our salons, and regulations prevent us from sharing projections based on Camille Albane’s success in Europe. We do, however, invite you to contact our multi-unit investors here in the United States who are developing or have already opened the first Camille Albane franchises here. They can tell you about their expectations and financial performance. CAMILLEALBANEFRANCHISE.COM WHAT IS FRENCH BEAUTY? Attention to detail makes the customer experience stand out French women have been setting style trends since the days of Marie Antoinette. Their unique approach to beauty is a part of their culture, something that sets them apart from women the world over. That approach has made icons out of women from Catherine Deneuve and Brigitte Bardot to Marion Cotillard and Carla Bruni. But their beauty 14 secrets are not so secret: It’s all about paying attention to the little things. Camille Albane salons in Paris, where we were founded, naturally excel at helping customers meet that particular standard for style and beauty. Our salons in the U.S. are no different. It is the mission of our brand to ensure that every woman feels more beautiful CAMILLEALBANEFRANCHISE.COM and confident when she leaves our salon than when she came in — but to always, always feel like an authentic version of herself. The Camille Albane look is not about forcing every client to conform to a specific mold; it is about freeing them from those constraints and helping them discover their own natural beauty. “It’s effortless, it’s timeless,” says CEO Linda Chadwick. “Think of all the French beauty brands like Lancome or Chanel. There are so many American brands that have grown up around that standard of beauty. Even our most-trusted fashion magazines — ‘Cosmopolitan,’ ‘Elle,’ ‘Vogue’ — they all started in France.” Camille Albane’s unique approach to beauty, our background as a Paris-based company and our years of experience make our business model difficult to copy, creating more value for our franchisees. Why the little things matter Across the street from the Camille Albane salon on Newbury Street in Boston is a wonderful French restaurant called La Voile. The food is excellent, and the service is not just swift, it’s almost invisible. As you take a sip of water and notice your glass is getting low, someone swoops by on your left and refills it. On the right, another server silently and efficiently removes empty appetizer plates and replaces used flatware, providing each diner the utensils best suited to whatever entree they’ve ordered. Throughout the meal, waiters are gliding to and fro, unobtrusively anticipating diners’ needs and making certain no one has to ask for anything. At the end of the meal, a manager will slide the table out to prevent a guest from having to maneuver awkwardly out of a booth, then help a woman to her feet and into her jacket. The proprietors, who are French, understand the same thing Camille Albane understands: People crave the feeling of being pampered and made to feel important. It’s a service philosophy that is deeply ingrained in our business model. We treat our customers 15 to the VIP treatment every time they visit us, and that nurtures brand loyalty. Customers look forward to these two or three hours in the salon every six weeks as a wonderful way to relax and feel rejuvenated. “We are a modern French salon,” says Maria Cavard, General Manager of Camille Albane salons. “We’re a salon that treats everybody the same, and everyone is treated like someone of importance. You get these services you don’t get everywhere else. It’s not just that our collections are up-to-date and the look is modern; we help a woman understand what it takes to pull everything together. It draws women in.” Our stylists are more educated than those at most salons. In French tradition, young men and women begin training early in their chosen career fields, achieving mastery at a younger age. To that end, we recruit experienced, dedicated people who are passionate about their craft. Our Paris-trained educators work with them twice a year to make sure they stay abreast of the latest styles and techniques. Stylists who are just out of cosmetology school train as apprentices, working as assistants and learning the intricate details of our client-care protocol before they can work their way up to a hairdresser position. An elite salon brand like Camille Albane stands out and attracts the modern client. Customers seek out our services because they want to be a part of setting trends, not following them. CAMILLEALBANEFRANCHISE.COM WHAT IS BALAYAGE? Camille Albane specializes in today’s hottest color treatment 16 Balayage, which is arguably one of the mostrequested color services in the world, is a longtime Camille Albane specialty. This French technique of hand-painting highlights onto the hair creates such a beautiful and natural effect that it has become the hottest trend. Dessange Paris created Balayage in France the early 1970s, so we are well versed in this “trend of the moment.” Balayage is practiced in many salons, but it was pioneered and perfected in ours. Color services are an important driving force behind the growth in the $75 billion hair become more important as Baby Boomers and Gen X’ers spend more and more in the pursuit of a youthful look. “I had been trained in Balayage, but I never truly understood everything about the technique until I came to Camille Albane,” says Drew Irmen, Salon Manager at our flagship store in Boston. “We’re not just a brand, we’re a brand that creates our own techniques — techniques you’ve never seen before and that you may not be able to find anywhere else,” says Maria Cavard, General Manager of Camille Albane salon industry, responsible for as much as an 8% sales increase annually. Color — whether subtle highlights like those provided by Balayage, something funky like neon streaks or a full-coverage effect to mask gray — has in North America. “For instance, we invented the Balayage technique — painting of the hair without foil. No one does it better than us, and everyone who comes in and has it done never wants to go back to highlights with foil.” CAMILLEALBANEFRANCHISE.COM Celebrities gravitate toward Balayage because it provides a more natural-looking, more subtle alternative to the ombre effect that’s been popular in recent years. Balayage leaves hair looking like someone’s been living a life of leisure, playing in the sun. “Camille Albane offers the French touch to the American female, which is unique because it focuses on creating a special look just for her rather than following the trends in Hollywood,” says Drew. “It’s about developing a special look for themselves and bringing what’s exciting about them to the forefront.” Who are my customers? Camille Albane salon franchises cater to a very specific customer. The client we have in mind is modern and sophisticated. They live in or near a large urban area. They are typically between the ages of 25 and 45 and are following a successful career path. The Camille Albane client has enough discretionary income to treat herself to an upscale salon visit every six weeks. Her image is important to her. The Camille Albane customer — mostly female, although fashion-forward men frequent our salons as well — wants to find the best way to express her style and individuality. She is not looking to copy someone else’s signature look; she is seeking a signature look of her own, and she wants a stylist sophisticated enough to help her create a look that can evolve and grow with her. That’s what we provide at Camille Albane salons. And we provide it in such a way that our customers know they’re the most important person in the world to us during each and every visit. They’re paying a price for an upscale salon, but the services we provide are a notch above. It’s true we’re in the salon business, but really, we’re in the experience business. “These days, customer service varies from place to place,” says Maria. “It used to be the customer was always right, and we definitely still have that philosophy here. We’re bringing it back to America, that customer service that 17 Americans crave. Even if you’re not paying the highest price here, you’re still getting the highest-price service.” CAMILLEALBANEFRANCHISE.COM HOW BIG IS THE SALON INDUSTRY Experts see a promising future based on years of steady growth The hair-care salon industry is a $75-billiona-year industry that is growing at about 8% a year. In good times and bad, hair grows. Hair goes gray. Older clients want to look younger, and younger clients want to look more sophisticated. Today’s modern urban woman craves a few hours of solace in a space where she can be pampered and catered to while achieving a look that is uniquely her own. Most salon franchises are clustered toward the discount sector, so the upscale salon category has much less competition. All these things make our business secure, stable, profitable and positioned for the long haul. While we are new to the U.S., Camille Albane has been the dominant upscale salon franchise brand in the European Union since 1994, and we have nearly 300 locations in 16 countries. “This is a category that will never go away,” says Ruth Swanson, Vice President of Marketing. “It will always take one-on-one personal skill. It can’t be automated, and it can’t be outsourced.” 18 In an industry that will always be in demand, Camille Albane stands out. We are poised to become the leader in the upscale salon segment, and as part of parent company Dessange International, we are backed by more than six decades of experience in the salon franchising industry. How does Camille Albane compete? We cater to a specific demographic of customers who live in sophisticated urban areas and are drawn to upscale shopping areas. As one of the rare premium salon franchises, we provide a consistently excellent level of customer service that independently owned salons can’t always duplicate. Over our decades in business, we have developed protocols for how every guest is treated, creating a demand for our services that breeds brand loyalty. Our salons pay attention to the extra details: Our shampoo bowls are imported from Italy. We serve a custom blend of espresso. Our CAMILLEALBANEFRANCHISE.COM exclusive line of hair-care products gives clients the results they crave between salon visits, while driving up sales for franchisees. The Camille Albane woman knows she can count on a few hours of luxury at her appointment, and she is willing to pay for that level of service. Our ability to consistently duplicate that guest experience gives us an edge in the marketplace. No previous salon experience is required. We are seeking experienced entrepreneurs with a passion for people and a love of the fashion and beauty industry. 19 CAMILLEALBANEFRANCHISE.COM WHAT MAKES FOR A GOOD LOCATION? Camille Albane works best in urban, high-end shopping areas Just like our customers, we are particular about our image at Camille Albane. And image and location are inextricably linked in business success. That’s why we emphasize finding just the right spots for our upscale salons when new franchisees come on board. Our business model works well in urban areas with a population of 100,000 or more, where there’s a certain density of middle- and upper-income households. A Camille Albane salon works best in or near high-end shopping areas that draw customers who have a lot of disposable income. Our franchises do well in areas that include local upscale boutiques, stores like Nordstrom and J. Crew and upmarket retailers like Anthropologie, Coach and Tiffany’s. We go where the customer goes Part of finding the right location is scouting the lifestyle shopping areas that appeal to our target demographic, which helps us intersect with the customers we want. Our support team helps franchisees pinpoint the best locations to start new salons, reviewing and rating site selections. We work with customer analytics experts Buxton to help narrow down the right real estate for our franchise owners. John Prichard, who opened the first of his five planned Camille Albane franchise salons in July 2014, knew it was important to find an accessible site with ample parking in the northwest Minneapolis suburb of Maple Grove. The right mix of retail neighbors won’t work if the area is difficult to get in and out of. “Camille Albane is going to work best in communities that have strong demographics, particularly for women from their 20s to their 50s, coupled with really strong retail offerings,” 20 says John, an experienced salon franchise owner who also operates 27 Fantastic Sams salons. “Our first location is really quite a mixture. There’s Schuler Shoes, a good quality local retailer; Chico’s; Anthropologie; Banana Republic; Brooks Brothers; Pottery Barn. We’re just a couple of blocks from The Shoppes at Arbor Lakes [an upscale urban retail center]. “We also look at average household income, and the franchisor did some demographic analysis for us. In that area, the family household income is in the $90,000-plus range. That’s certainly important, but there are areas that are a little lower than that average income but draw from a wider area. That could easily work, too.” CAMILLEALBANEFRANCHISE.COM WHO MAKES A GOOD FRANCHISEE? A passion for style is great, but business experience is better Many people have a misconception that you must have hairstyling or fashion industry experience in order to achieve success in the hair salon franchise segment. That’s simply not the case. The most relevant experience you could have is running or managing a business. We’re excited about our impending growth in the U.S. Camille Albane has been a successful franchise in Europe for 20 years, and we are looking for entrepreneurs who are passionate about helping us grow this brand. This is a unique opportunity to be a pioneer: In the upscale salon niche, there is no clear franchise leader. Most competitors are independently owned salons or small local chains. In salon franchising, the brands tend to congregate at the lower end of the segment, concentrating on discount haircutting and convenience. The Camille Albane brand is new to America, and we are seeking franchise candidates who love design and understand the opportunity available to dominate the upscale salon franchise niche. Much of the high-end salon business is fragmented, made up of businesses that rent out chairs to stylists — a business model that handcuffs an owner’s ability to achieve a consistent level of services and results. Our approach relies on a brand model that is already well-established and has earned a reputation for providing an outstanding 21 customer experience. Our clients build a relationship with Camille Albane, not with individual stylists, because they know they can count on the same luxurious pampering experience every time they come to us. That’s the advantage of being a part of a franchise. The right franchise candidate for Camille Albane is someone who has to be on the cutting edge, someone who wants to be first. Our brand offers you a chance to be a real pioneer in this industry and be part of brandbuilding on a national level. An understanding of how to build brand awareness is a definite plus. CAMILLEALBANEFRANCHISE.COM The startup costs for a Camille Albane franchise are typically about $350,000, and franchise candidates should have a minimum liquidity of $90,000 and a net worth of at least $350,000. Investors have a chance to buy in for about the same price as the discount hair-cutters but with the opportunity to earn more. Our average ticket is about $90, and we offer color services that customers want updated every four to six weeks. If you owned a discount cut-only salon, you would need three or four times the number of customers to make the same volume. Is multi-unit ownership possible? As Camille Albane expands across the country, we are looking for a team of empire-builders to help us grow. We have already proven, during our 20 years of franchising around the globe with 300-plus units, that we can successfully scale a high-end salon concept. We welcome 22 candidates who share that vision. John Prichard is a great example of that type of candidate. “I don’t think in terms of a salon or two — I think in terms of an entire market,” he says. John already owned 27 salons with Fantastic Sams, one of our sister brands under parent company Dessange International, when he opened his first Camille Albane salon in Minneapolis in July 2014. He has plans in the works for four more Camille Albane salons in the area over the next four years. He and his wife, Patti, learned the value of being a part of a franchise brand with Fantastic Sams. That gave them the confidence to venture into a different part of the salon franchise segment with our more upscale brand. Besides confidence, John says, the key is a business background. “There are a number of types of people who can do this well,” he says. “Somebody who’s stronger in some areas, like marketing or hair salon operations, but who understands what he or she doesn’t have can hire the right business professional.” Camille Albane has a multi-unit franchisee launching our brand in Dallas, and other multi-pack deals are pending. We have the experience, the systems and the support in place. The only thing we lack is you. CAMILLEALBANEFRANCHISE.COM WHAT TRAINING AND SUPPORT DO WE OFFER OUR FRANCHISEES? We stack the deck for success with high-level experience 23 The only way to become a trendsetter is by establishing a reputation over a long period of time, and that’s something Camille Albane has achieved in Paris over the past 20 years. We value the frequent technical training of our stylists that prepares them to deliver the elite salon experience our customers expect. We pioneered the Balayage color technique, a abreast of the latest innovations. Just as we make sure our staff gets the training they need, we also want to ensure that our franchisees have the safety net they need to build and grow a successful franchise. We’ve got an impressive team of experienced leaders at the helm. Our brand relies on the expertise and guidance provided by our parent company, method of hand-painting the hair without foil to achieve more natural-looking results. Almost all of the salon industry’s growth is centered around color, so it’s crucial that our stylists stay Dessange International, whose oldest brand has 60 years of salon franchising experience. CAMILLEALBANEFRANCHISE.COM What is a collection? One of the most unique elements of the Camille Albane salon franchise is our commitment to producing biannual collections. Internationally, we work with the creative artisans behind Paris Fashion Week to release cohesive collections in the spring and in the fall that are the epicenter of our brand marketing. We create nine unique looks with three models, incorporating the hairstyles, color and make-up trends that will be on point for that season. “We set the trends,” says CEO Linda Chadwick. “We don’t follow them.” In the U.S., our marketing team creates elements that are useful for franchisees. We provide them with a marketing portal with the appropriate messaging and branding tools, including business cards, in-salon materials, VIP gift cards and more. We help franchisees coordinate fashion shows with local fashion-forward boutiques to debut the collections, which helps establish us as a style icon in the franchisee’s individual market. “The trends inspire them to be able to create their own looks,” says Ruth Swanson, Vice President of Marketing. Our marketing efforts, which are targeted toward the modern client who’s looking for an elite salon experience, help drive brand awareness and draw customers. We also hire local P.R. firms in a franchisee’s market, along with the most connected style bloggers in the community, to help our owners build buzz leading up to their salons’ grand openings and soft launches. Camille Albane salon franchise is in a great space at a great time. Our Paris-based brand is well-established overseas, and together with our parent company, Dessange International, and sister brands Dessange Paris and Fantastic Sams, we have a breadth of experience that spans some 60 years and 2,000-plus salon franchises. Our brand is undeniably different in the 24 U.S. salon franchise space. With our focus on a luxurious customer experience, our fashionforward techniques, our connection to Paris and our ability to generate profit, there’s nothing else like Camille Albane for your investment dollars. CAMILLEALBANEFRANCHISE.COM CAMILLE ALBANE FRANCHISE REVIEW JOHN PRICHARD, MINNEAPOLIS Largest Fantastic Sams franchisee branches into new segment with five Camille Albane salons There’s a big difference between running a walk-in, affordable, full-service family salon and operating a high-end luxury brand that caters to sophisticated women of a certain income level. Or at least there should be. When John Prichard and his wife, Patti, started exploring idea of opening some Camille Albane salon franchises in the greater Minneapolis-St. Paul area, they were curious about what their competition might be. They visited some local high-end salons and were surprised to find that the service level just wasn’t that different from what they were providing at their chain of 27 Fantastic Sams salons. When they realized that the Camille Albane guest experience was so superior to what’s offered at most upscale salons, they knew they’d hit upon an opportunity to become a leader in their market. They opened their first Camille Albane in July 2014, and they plan to open another four over the next few years. As the largest franchisee for Fantastic Sams, which is owned by the same parent company as Camille Albane, the Prichards already knew John and Patti Prichard 25 CAMILLEALBANEFRANCHISE.COM a good deal about succeeding in the salon franchise industry. John talked to us about why they wanted to branch into a completely new category — and why they think others should try it, too. Why did you want to get into this new salon niche? We became aware of the brand when Dessange International acquired Fantastic Sams (in 2012), and so I think we became interested in understanding more about who Dessange was and who Camille Albane was. As we thought about the possibilities in Minneapolis, we realized the premium salon category was very fragmented. We went to several salons just to test the market, and we saw very inconsistent service levels. We believe there’s a good opportunity for a premium salon brand to become established here. We like their commitment to staff training and development, and they excel in guest services. Because we were already a part of the Dessange family, we started to learn about their track record in this area. How do you think it will differ from what you already offer with Fantastic Sams? The differences lie in the premium category; Camille Albane offers customized hair design that matches guests’ lifestyles, personalities and tastes. It offers a broader array of services, although Fantastic Sams is full-service. The Camille Albane brand includes cosmetics, manicures, pedicures, hair extensions and more. More services means more opportunities for a salon to grow and develop. That will be a little different, from an owner’s perspective. The revenue opportunities are larger. What gives you the confidence to be a pioneer for this brand in the U.S.? The first piece for us was just looking at the premium salon category and seeing the inconsistencies in service and in the training and development of staff. We began to 26 understand when we looked at Camille Albane that there’s a great opportunity, first of all, to bring a brand into our market that has the kind of support, training and development for staff, the seasonal collections and the marketing support that Camille Albane has. We learned with the Fantastic Sams model as a franchisee that there’s support with training and development, with guest service training, and we see the consistency happening there. So we see the same opportunity with the Camille Albane brand. That’s what gives us the confidence to step into that category. We see there’s an excellent support system as part of their franchise model. We like the high-level commitment to training and development; we weren’t seeing that as we were looking at other premium salons in our market. A lot of the premium salon staff get stale and don’t realize it. Most of them are locally owned salons; we probably visited at least a dozen, going “undercover” and seeing what their services were like. I think the other part of the confidence for us is that this is a great industry, and I’m a big believer that if you stand out with your service and do it well and have well-trained people and are consistent, there’s a lot of opportunity there. As someone who has had tremendous success with Fantastic Sams (the Prichards operate 27 units now and are opening one more by October 2014), what is it about the business opportunity with Camille Albane that motivated you to branch out with five salons? Obviously, we like the salon industry, and we see that Camille Albane really has an opportunity in Minnesota to distinguish itself from the competition. When we thought of doing the concept, we felt we wanted to have the opportunity to have the brand established and consistent across the entire Minneapolis and St. Paul area. With us committing to the multiple locations, we would be the ones leading that effort. Camille Albane gave us the best opportunity to take on this model — which is a great model, and we already have a CAMILLEALBANEFRANCHISE.COM great team that knows how to follow a model and a protocol. So we thought we’d be in the best position to represent the brand. If we opened just one or two, another franchisee could potentially open another one or two, and that lent itself to a concern about consistency across this region. With Camille Albane, you have great support from the franchisor. As our track record shows, I don’t think in terms of a salon or two — I think in terms of an entire market. Who is the competition in your market? Most of the premium salons are privately and independently owned salons. There are a few premium salons with multiple locations locally, and several of them might have a license with Aveda, but they are not necessarily franchises. What we saw was a handful of premium salon operators with three to seven locations across 27 Minneapolis-St. Paul, but only a handful of those. What will this salon brand offer to customers that other upscale salons in your area don’t? The big difference is the guest experience from beginning to end. They have it really figured out. Camille Albane makes sure the guest really feels special. It’s really clean throughout. The guest walks in and is getting robed — the robe is pulled out of a sealed plastic bag, so you know it’s clean. They have these fabulous massaging reclining chairs, they offer a scalp massage. When they pull brushes out to brush someone’s hair, the brush is wrapped. When the guest leaves, there’s this complimentary make-up touchup. In most salons, they come in for their scheduled appointment, they get some products offered, maybe, then they’re out the door. That’s an opportunity for Camille CAMILLEALBANEFRANCHISE.COM Albane to represent in a way that others aren’t. Couple that with the training and the collections that come out twice a year so the staff has fresh styles and techniques, and how that’s inspiring your staff to get stronger and be creative. Certainly no one in this town is doing that. What’s your timetable for opening your Camille Albane salons? We’re looking at opening our second salon mid to late next year. I plan to look at a salon per year, but that timetable could be moved up depending on how quickly Camille Albane grows and develops. What is the best location for a Camille Albane? It’s going to work best in communities that have strong demographics, particularly for women from their 20s to their 50s, coupled with really strong retail offerings. Our first location is really quite a mixture. There’s Schuler Shoes, a good quality local retailer; Chico’s; Anthropologie; Banana Republic; Brooks Brothers; Pottery Barn. We’re just a couple of blocks from Shops at Arbor Lakes [an upscale urban retail center]. We also look at average household income, and the franchisor did some demographic analysis for us. In that area, the family household income is in the $90,000-plus range. That’s certainly important, but there are areas that are a little lower than that average income but draw from a wider area. That could easily work, too. It’s important to see that collection of shops in the area that is likely to draw that mid- to upper-income shopper. You also need strong visibility and accessibility. Customers need to be able to get in and out. There’s a lot of good retail areas with bad parking. How is the franchisor guiding you through the process? What parts of it are new for you? Probably the larger part is the marketing, the staffing and the operations planning. It’s similar in some 28 ways to Fantastic Sams, but the marketing is very different for Camille Albane. The recruiting and staffing components are different, too. We’re going from value prices and walk-in salon appointments to a base where we have to be very well-prepared for someone’s appointment because they’re going to be spending a fair amount of money. The Camille Albane management teams are doing a great job of leading us through the process. What kind of prep work would you recommend to someone investigating the Camille Albane brand? Do they need to visit a salon in Europe? I don’t think a trip to Europe is necessary. I think a trip to Boston or an open Camille Albane franchise is important. They should see and experience what the salon offers so they can understand what the brand is and how it does distinguish itself from other salons. For instance, when we went to Boston we had hair services done, and they demonstrated it to us as if we were guests walking in the door. That was very eye-opening, to experience that from beginning. From that, it’s learning more about the details of the operations and the financial dynamics. You have to understand what sorts of challenges are there, you need to know there are unique staffing issues in this industry. They should ask themselves, “Is this CAMILLEALBANEFRANCHISE.COM something I could see myself enjoying being a part of?” Doing an in-depth analysis of the key premium salon, assessing the competition, understanding the strengths and weaknesses of reputable salons in their market. From there, it’s about the demographics and the real estate location. What would you say to someone considering buying a Camille Albane franchise? What I tell people when they call, whether it’s about Fantastic Sams or Camille Albane, is to really have an understanding of detailed financial projections. They need to understand how much their real estate and fixed costs will be and build a financial model to know what sort of sales they need to break even to see if that’s achievable. And of course, people want to do much more than break even. They need to see if the opportunity is there to make a profitable investment. They need to make sure they’re working with an experienced accountant or financial advisor. They’ll need to determine how much capital they’ll need not just to open the doors but what to expect over the first couple of years in terms of cash flow. You need to know and really understand the capital necessary the first couple of years before you can have that peace of mind and follow through. Is there anything else someone should know before buying a Camille Albane franchise? If somebody is interested and doing due diligence, they should really feel like this is a business where they can roll up their sleeves and help, really get in there and learn the operations and all the components and really be a part of it and really understand it for the first couple of years. Understanding that is paramount in this industry. It’s different — it’s good, very good, but the stylist teams are very skilled doing hair services. They can help with business management components, but it’s the franchisee who has to get it established and drive the growth and development. They have to be prepared to do that so they can be 29 successful the way they want to be. A business background is important. There are a number of types of people who can do this well. Somebody who’s stronger in some areas, like marketing or hair salon operations, but who understands what he or she doesn’t have can hire the right business professional. I need strong hair salon operations people to support me, making sure we have the right staff, training and accountability. Likewise, if someone came in gifted in salon operations, they’d want a good business person to work with them to provide the components they lack. Most of the people looking at this franchise are going to be business people. CAMILLEALBANEFRANCHISE.COM MEET THE MANAGEMENT TEAM Camille Albane USA combines franchising and salon industry experience Linda Chadwick Susan Peace President and CEO of Dessange Group North America Senior Director, Retail Beauty Products Before being named President and CEO of Dessange Group North America in 2015, Linda was the President and Chief Operating Officer of Fantastic Sams. She oversees the three beauty brands in the United States that are owned by our parent company Dessange International — Fantastic Sams, Camille Albane and Dessange. Linda is a veteran franchising executive with more than 20 years at Burger King Corp., including three years as Vice President of Franchise Operations and a stint as Senior Director of North America, Training and Development, where she implemented new training systems, established ROI training metrics and restructured training delivery processes. As a proud sponsor and former member of the Women’s Foodservice Forum, Linda is passionate about franchising and developing people at all levels. She is a graduate of Mary Baldwin College in Staunton, Virginia, and holds a B.A. in Business Administration, Cum Laude. Linda most admires the hairstyle of Julianna Margulies, because it’s sassy and classic at the same time. 30 Susan joined Fantastic Sams, owned by the same parent company as Camille Albane, in 2008, and has more than 20 years of experience in product development and retail. With an eye for quality and value, Susan reformulated the Fantastic Sams product portfolio, increasing revenues and reducing operating costs for our franchisees. She has been working with the exclusive Camille Albane line of products since 2013. Ruth Swanson Vice President of Marketing Ruth started her career at Arnold Worldwide on the agency side working on franchise accounts, giving her insight into the complexities of large franchise networks. After an agency position in NYC, she returned to Boston to join Dunkin Brands for 10 years. In 2010, Swanson joined Fantastic Sams Hair Salons, owned by the same parent company as Camille Albane, and revamped marketing and messaging and implemented a revitalized campaign using both advertising and digital space. She has been working with Camille Albane since 2013. CAMILLEALBANEFRANCHISE.COM Caroline Louchet Whitney Kmetz Manager of Salon Operations U.S. Marketing Development Specialist for Camille Albane and Dessange Group North America A highly skilled manager, coach and motivator, Caroline instructs Camille Albane USA salon teams in all aspects of the brand’s services and product lines. She has advanced skills in marketing, sales and face- and bodycare protocols. Her responsibilities include maintaining Camille Albane’s brand values and high standards, as well as creating and managing innovative programs that elevate our brand’s image and help increase salon revenue. 31 Whitney designs and executes the national marketing strategy that provides franchisees with the tools they need to engage clients and drive business with initiatives that increase average ticket price and frequency of visits, and that communicate our chic French brand. Prior to joining Dessange Group North America in 2013, Whitney worked in the technology industry, where she managed digital marketing and community engagement efforts. CAMILLEALBANEFRANCHISE.COM FAQS Answers to common questions about owning a Camille Albane franchise What are the financial qualifications to become a franchisee? We are seeking someone with at least $90,000 in liquid capital and a minimum net worth of $350,000. How much is the franchise fee? New franchisees pay a $40,000 franchise fee upon signing the franchise agreement. Owners who purchase more than one unit get a break on the fees, paying $75,000 in franchise fees for three salons and $100,000 in fees for five salons. How long is the franchise agreement? We offer 10-year renewable franchising agreements. What is the best location for a Camille Albane? The chic and connected Camille Albane woman can go shopping at a local upscale boutique, pop into Anthropologie a few doors down and then walk over to her appointment with Camille Albane. Our salons work best in trendforward lifestyle centers in urban areas with a population of 100,000 or more. How much does a franchise cost? A Camille Albane franchise typically costs between $315,000 and $325,000. How long does it take to open a Camille Albane? On average, you can open a new salon in 24 weeks. Do I need to have salon experience to be a franchise owner? No. We’re looking for experienced entrepreneurs and managers who understand how businesses work. Camille Albane salons are scalable and easy to operate. As a franchise owner, you’ll hire others with experience in hair care and salon operations; all you need to do is handle the business side of things. 32 How stable is the salon industry? The $75 billion hair-care salon industry grew by 8% last year and is on pace to continue growing steadily. Even when the economy is tough, women still want to look good, and they’d rather give up their daily latte than sacrifice their color treatments or haircuts. We make women feel pampered at Camille Albane, which builds customer loyalty. How many stylists will I need? Most of our salons start with six stylists, including the manager, and they sometimes grow to as many as 12 stylists. What kind of ongoing marketing support can I expect? Camille Albane has a web portal for franchisees CAMILLEALBANEFRANCHISE.COM where they can order all the customized promotional materials they need, including posters, business cards and brochures. We launch two collections a year in conjunction with Paris Fashion Week that include haircuts, color trends and make-up palettes. How can I get a copy of the Franchise Disclosure Document? If you fill out the form at right, a member of our franchise development staff will be in touch with you quickly for an initial conversation. You can request a copy of our FDD at that time. Who are my main customers? Camille Albane salons cater to the sophisticated career woman age 25-45, although we also attract fashion-forward male clients. What services does Camille Albane offer? We offer an array of services, including haircuts, color, Balayage, manicures and pedicures, make-up and facial waxing. We also provide beauty services for weddings, parties and other events, and up-dos are one of our specialties. Can I hire someone to run my franchise? Most of our franchisees are owner/operators. If you start out with one salon, you can oversee the business part time and work your way up to full-time involvement as 33 you add more salons. You can hire a licensed operator to manage your Camille Albane salons, so we’re looking for franchisees who can “manage the manager.” CAMILLEALBANEFRANCHISE.COM NEXT STEPS What to expect when you buy a Camille Albane salon franchise Camille Albane is at an exciting juncture in our growth. We are ready to expand across the country, providing the tradition of French beauty to successful American women who are willing to pay more in order to look their best. Our brand has long been a favorite in Europe. It’s time to share that success with investors in America. We launched our salon brand in 1994. Our parent company, Dessange International, owns Dessange Paris, which has 60 years in the business, and Fantastic Sams, which has been around for 40 years. Camille Albane is backed by decades of franchise experience in the famously stable salon industry, which is $75 billion a year and growing. We are part of a global brand with a combined 2,000 salon franchises around the world. Camille Albane salons are a great investment for a franchisee with business experience who loves people and has a passion for fashion and beauty — but no salon experience is required. A Camille Albane franchise typically costs between $315,000 and $325,000. You will need at least $90,000 in liquid capital and a minimum net worth of $350,000. If you’d like to open your own Camille Albane in as little as six months, simply fill out a lead form. Someone from our corporate franchise team will email or call you to go over the basics. We’ll ask you to send in a qualifying form, and then we’ll send you our most recent Franchise Disclosure Document (FDD), which explains the initial investment, your costs and fees, and all of the details of owning a Camille 34 Albane franchise. You will have a chance to examine our business practices on paper, as well as talk to our existing franchisees about their experience. If we’re both still interested, we’ll help you schedule a visit to our flagship salon on prestigious Newbury Street in Boston. You’ll meet the team, tour the salon and learn about what’s at the heart of the Camille Albane salon. If you choose to enter into a franchise agreement, we’ll get started right away on helping you hire the right staff and find the perfect site. Thank you for your interest in owning a Camille Albane salon franchise. We look forward to talking to you about what it takes to be a successful franchisee and finding out whether Camille Albane is the right fit for you. See you soon, or as the French say, à bientôt!