Risk Score
Pending analysis
Investment Range
$547,629 - $924,790
Franchise Fee
$50,000
Total US Locations
21
Business Summary
MiniLuxe Studios operate a nail care, waxing, massage, and beauty retail business. These studios offer high-quality beauty services provided by licensed technicians in a clean, hygienic, inviting, and sophisticated environment. MiniLuxe Studios utilize proprietary methods for interior design, operations, and merchandising, and sell MiniLuxe-branded and approved beauty products to clients.
Corporate History
MiniLuxe Franchise, LLC was formed in Delaware on January 30, 2024, specifically to offer franchises. Its parent company, MiniLuxe, Inc. (MLI), was established earlier, in April 2006, and currently operates 21 MiniLuxe Studios, which are similar to the franchised businesses. MiniLuxe Franchise, LLC started offering franchises in February 2024.
Financial Overview
Investment Range
$547,629 - $924,790
Franchise Fee (Low)
$50,000
Franchise Fee (High)
$50,000
Royalty %
6%
Marketing %
1%
Equipment Costs (Low)
$346,150
Equipment Costs (High)
$612,780
Working Capital
$62,500
Audited Financials
Yes
Offers Financing
No
Audit Opinion
Unqualified opinion
Financial Health Notes
MiniLuxe Franchise, LLC is a newly formed entity that began operations on January 31, 2024, with its financial statements covering only the period until February 28, 2024. As of this short period, the company reports $300,000 in cash and no liabilities, with no operating revenues or expenses. The auditors issued an unqualified opinion, but the state addenda for Maryland and Illinois explicitly state that a financial assurance (deferral of initial fees) was required due to MiniLuxe Franchise, LLC's financial condition, indicating that regulators have concerns about its financial strength due to its limited operating history and lack of revenue.
Financing Details
MiniLuxe Franchise, LLC does not offer any direct or indirect financing options to its franchisees. Additionally, MiniLuxe Franchise, LLC does not guarantee any of the franchisee's notes, leases, or other obligations.
Performance Metrics
Total US Locations
21
Franchised Units
0
Corporate Units
21
Avg Square Footage
1,750
Franchising Since
2024
Legal & Compliance Analysis
Recent Litigation
No
Bankruptcy
No
Litigation Summary
MiniLuxe Franchise, LLC has no litigation to report in Item 3 of its FDD. The document states that no litigation is required to be disclosed in this item.
Bankruptcy History
MiniLuxe Franchise, LLC has no bankruptcy information to report in Item 4 of its FDD. The document explicitly states that no bankruptcy information is required to be disclosed.
Agreement Terms
Initial Term
10 years
Renewal Term
5 years
Renewal Conditions
To renew with MiniLuxe Franchise, LLC, franchisees must provide written notice between 6 and 12 months before their current term expires. They must sign MiniLuxe Franchise, LLC's then-current franchise agreement, which may have different terms, and pay a renewal fee. Additionally, franchisees need to execute a general release, meet remodeling and reimaging requirements, and be in full compliance with the Franchise Agreement and any other agreements with MiniLuxe Franchise, LLC or its affiliates.
Training & Support Program
Franchisor Assistance
MiniLuxe Franchise, LLC provides comprehensive support to its franchisees. Before opening, MiniLuxe Franchise, LLC offers mandatory and suggested specifications for studio design, leasing guidelines, an initial training program, and access to its confidential Operations Manual. It also assists with grand opening marketing plans and provides lists of approved and designated suppliers for necessary items. After the studio opens, MiniLuxe Franchise, LLC continues to provide advice and materials on studio management, operations, and promotions, conducts inspections and evaluations (including mystery shoppers), updates supplier lists, and offers advertising and promotional assistance. Franchisees also receive telephone, email, and internet support, with additional training available if required or requested. MiniLuxe Franchise, LLC also administers the Brand Fund for system-wide marketing.
Initial Training Hours
80
Training Location
Corporate facilities and designated MiniLuxe locations in Boston, Massachusetts
Ongoing Support
MiniLuxe Franchise, LLC provides ongoing support through periodic advice and written materials covering management, operations, promotions, and staffing. It conducts inspections, interviews, and evaluations of studios, including using mystery shoppers. Franchisees receive updated lists of approved suppliers and ongoing advertising and promotional assistance. Telephone, email, and internet support are available for questions. MiniLuxe Franchise, LLC may also offer or require additional training courses, conventions, or regional meetings for which fees may apply. Refresher training is available for a fee, plus travel expenses.
Franchise Requirements
Ideal Candidate Profile
MiniLuxe Franchise, LLC seeks franchisees who will be deeply involved in the daily development, management, and operation of their studios, demonstrating strong personal commitment, supervision, and attention. Ideal candidates should be capable of performing all sales, management, and maintenance functions. While not explicitly requiring prior spa industry experience for the franchisee, if the Operating Principal lacks such experience, a qualified General Manager with the required spa industry experience must be hired. Franchisees must be able to organize their studio to maintain high standards of service, quality, hygiene, and cleanliness.
Industry Experience Required
No
Management Experience Required
Yes
Sales Experience Required
No
Technical Skills Required
No
Operational Details
Location Type
Retail
Owner Participation
Hands-On
Territory Type
Protected
Staff Count
27
Territory Size Requirements
MiniLuxe Franchise, LLC defines territories as a 'Protected Area' spanning approximately a twelve-minute travel time from the front door of the MiniLuxe Studio. Additional criteria may be used, such as total population, physical or psychological boundaries, or specific geographic methods like zip codes or metes and bounds. In high-density areas, this protected area may be significantly smaller.
Staffing Notes
MiniLuxe Franchise, LLC requires that each MiniLuxe Studio be supervised on-premises by the franchisee, an Operating Principal, or an approved General Manager who has completed the initial training program. Franchisees are solely responsible for hiring, compensating, and training all employees, including establishing a training program that meets MiniLuxe Franchise, LLC's standards. This includes conducting criminal background checks. All staff must be licensed if required by law and maintain professional conduct, appearance, and hygiene in line with brand standards. MiniLuxe Franchise, LLC specifies the number of staff members and managerial personnel required, and compliance with all state and local laws related to staffing is mandatory.