Oasis Face Bar Franchise
Audited FinancialsRisk Score
Pending analysis
Investment Range
$186,310 - $388,840
Franchise Fee
$25,000
Total US Locations
13
Business Summary
Oasis Face Bar operates open-concept, express skincare spas, known as Facial Bars, which offer 30-minute targeted and customizable facial treatments. The services cater to busy individuals, primarily women aged 20-55, who desire efficient spa services without compromising on relaxation or results. Oasis Face Bar utilizes non-invasive equipment, natural products, and cutting-edge techniques in a 'desert oasis retreat' setting. In addition to facials, Facial Bars provide other spa services like brow, chin, and lip waxing, lash/brow tinting, HydraFacial treatments, and clinical facial services.
Corporate History
Oasis Face Bar Franchising, LLC was established in Ohio on November 14, 2018, and began offering franchises in 2020. The business model for Oasis Face Bar was initially created and developed by Molly Lyons. The first Facial Bar, known as the Flagship Facial Bar, was owned and operated through Skin Oasis, LLC from April 2018 to December 2018. It was then transferred to an affiliate, Oasis Face Bar, LLC (Oasis Columbus), which operated it until October 2021 before selling it to a franchisee. Molly Lyons also founded Oasis Face Bar Scottsdale LLC, an affiliate that has been operating a Facial Bar since January 2021.
Financial Overview
Investment Range
$186,310 - $388,840
Franchise Fee (Low)
$25,000
Franchise Fee (High)
$42,000
Royalty %
6%
Marketing %
2%
Equipment Costs (Low)
$81,000
Equipment Costs (High)
$234,000
Working Capital
$20,000
Audited Financials
Yes
Offers Financing
No
Audit Opinion
Unqualified opinion
Financial Health Notes
The FDD's Special Risks section highlights that Oasis Face Bar's financial condition, as shown in its financial statements, raises questions about its ability to provide services and support to franchisees. The Independent Accountant Audit Report also notes that management is required to evaluate whether there are conditions that raise substantial doubt about the Company's ability to continue as a going concern.
Financing Details
Oasis Face Bar does not currently offer financing plans for the payment of the Initial Franchise Fee or any other aspect of the franchise investment. While the company may have offered financing in the past, it is not available to new franchisees at this time.
Performance Metrics
Total US Locations
13
Franchised Units
12
Corporate Units
1
Avg Square Footage
1,300
Franchising Since
2020
Legal & Compliance Analysis
Recent Litigation
No
Bankruptcy
No
Litigation Summary
Oasis Face Bar has no litigation to report. The FDD explicitly states that no litigation is required to be disclosed in the document.
Bankruptcy History
Oasis Face Bar has no bankruptcy history to report. The FDD explicitly states that no bankruptcy is required to be disclosed in the document for the franchisor or its key personnel.
Agreement Terms
Initial Term
10 years
Renewal Term
5 years
Renewal Conditions
To renew their franchise agreement, Oasis Face Bar franchisees must provide written notice of their intent to renew between 180 and 365 days before the current term expires. They must have fully complied with all obligations under their current franchise agreement and any other agreements with Oasis Face Bar or its affiliates, including timely payment of all fees, and must have continuously operated the Facial Bar consistent with the Operations Manual. Franchisees cannot have received three or more default notices in a consecutive 12-month period during the initial term. Additionally, franchisees must pay a renewal fee equal to 25% of the then-current Initial Franchise Fee, sign Oasis Face Bar's then-current franchise agreement and related documents (which may have different terms), and execute a general release of claims against Oasis Face Bar and its affiliates.
Training & Support Program
Franchisor Assistance
Before opening, Oasis Face Bar assists franchisees with identifying potential locations and securing lease consent, provides design specifications for the Facial Bar, and grants access to its confidential Operations Manual. The franchisor offers advice on grand opening marketing and provides three days of on-site assistance for the grand opening, covering preparation, setup, and consulting for the franchisee and Operating Partner. Initial training is provided for the Operating Partner and estheticians hired at opening, and the franchisor identifies required operating assets and approved suppliers. After opening, Oasis Face Bar continues to provide advisory services on operational issues, maintains and administers a Brand Fund for marketing, and manages System Websites and social media accounts for national promotion. The franchisor also conducts an annual on-site visit during the first year of operation to observe and address operational concerns. Franchisees may also request additional on-site operational support for an additional fee.
Initial Training Hours
79
Training Location
Your franchise location, online webinar
Ongoing Support
After opening, Oasis Face Bar provides ongoing operational advisory services and continues to maintain and administer the Brand Fund for marketing efforts, as well as System Websites for national promotion. The franchisor conducts an annual on-site visit to each Facial Bar during its first year of operation to observe and address operational concerns. Additionally, Oasis Face Bar may offer periodic training programs, seminars, or webinars to franchisees and their personnel to discuss services, advertising, marketing, and procedures for business improvement. Optional on-site operational support can also be requested for an additional fee.
Franchise Requirements
Ideal Candidate Profile
Oasis Face Bar requires that an approved individual, designated as the Operating Partner, must directly or indirectly own at least 51% of the franchisee entity and commit a substantial amount of their business time and effort (at least 30 hours per week) to operating, promoting, and enhancing the Facial Bar business. The Operating Partner needs prior written consent from Oasis Face Bar for any other employment or business interests. Franchisees are also required to employ a Lead Esthetician, who must be an applicably licensed esthetician, to serve as the head trainer for other estheticians.
Industry Experience Required
No
Management Experience Required
No
Sales Experience Required
No
Technical Skills Required
No
Operational Details
Location Type
Retail
Owner Participation
Full-Time
Territory Type
Protected
Territory Size Requirements
Oasis Face Bar designates a Protected Territory around the Approved Location based on factors such as geographical boundaries, political boundaries, population, and demographics, as further detailed in the Operations Manual. The specific size of the Protected Territory will vary among franchisees, and there is no stated minimum or maximum size.
Staffing Notes
Oasis Face Bar requires that an approved Operating Partner own at least 51% of the franchisee entity and dedicate a minimum of 30 hours per week to the Facial Bar's operations, promotion, and enhancement. The franchisee must also employ a Lead Esthetician, who must be a licensed esthetician, to serve as the head trainer for all other estheticians at the Facial Bar. Both the Operating Partner and Lead Esthetician are required to complete the franchisor's initial training program and sign confidentiality agreements. Oasis Face Bar's Operating Standards may regulate employee qualifications, dress, and appearance, but franchisees maintain control over their employees' terms and conditions of employment. Any employees with access to confidential information must sign confidentiality agreements. The FDD also mentions that initial training is provided for the Operating Partner and 'estheticians hired at the time of opening,' implying the need for additional estheticians beyond the Lead Esthetician, but does not provide a specific total staff count.