Salons by JC logo

Salons by JC Franchise

Audited Financials
Beauty & Personal CareEst. 2008San Antonio, TX
www.salonsbyjc.com

Risk Score

Pending analysis

Investment Range

$1,331,200 - $2,308,400

Franchise Fee

$30,000

Total US Locations

164

Business Summary

Salons by JC offers and provides high-end retail space to third-party practitioners and concepts primarily operating within the beauty, health and wellness, personal care, and related industries. Salons by JC franchisees develop and operate a business that leases these salon suites, along with providing property management services and related products, from a commercial retail location.

Corporate History

J 'N C Real Estate Development, LLC, the franchisor of Salons by JC, was established on January 23, 2008, as a Texas limited liability company. The company operates under its corporate name and the Salons by JC trade name, focusing on developing and operating the Salons by JC Business franchise system. Salons by JC began offering franchises in March 2011. The company has no predecessors or parent company. An affiliate, J 'N C Investments, LLC, established in December 1997, operates Salons by JC Businesses similar to the franchised model in Dallas, Arlington, and San Antonio, Texas.

Financial Overview

Investment Range

$1,331,200 - $2,308,400

Franchise Fee (Low)

$30,000

Franchise Fee (High)

$100,000

Royalty %

5.5%

Marketing %

1%

Equipment Costs (Low)

$1,090,000

Equipment Costs (High)

$1,714,000

Working Capital

$15,000

Audited Financials

Yes

Offers Financing

No

Audit Opinion

Unqualified opinion

Financial Health Notes

Salons by JC's financial statements for 2022, 2023, and 2024 have received an unqualified opinion from their independent auditors, meaning the statements present fairly in all material respects. The auditors did not raise any substantial doubt about Salons by JC's ability to continue as a going concern. However, Salons by JC maintains cash balances that exceed federally insured limits, with $606,032 in 2024, $766,605 in 2023, and $854,055 in 2022 exceeding these limits.

Financing Details

Salons by JC does not offer any direct or indirect financing to its franchisees. Additionally, Salons by JC does not guarantee any franchisee's notes, leases, or other financial obligations.

Performance Metrics

Total US Locations

164

Franchised Units

152

Corporate Units

12

Avg Square Footage

6,500

Franchising Since

2011

Agreement Terms

Initial Term

10 years

Renewal Term

10 years

Renewal Conditions

To renew their Salons by JC franchise, franchisees must be in compliance with their Franchise Agreement, provide 180 days prior written notice, sign the then-current form of Franchise Agreement and related agreements, execute a general release, pay a renewal fee, remodel and upgrade their business to meet current brand standards, secure the legal right to occupy their business location, and meet all other renewal requirements. Owners must also comply with their agreements and personally guarantee the renewal Franchise Agreement, which may have materially different terms.

Training & Support Program

Franchisor Assistance

Salons by JC assists franchisees with pre-opening obligations by granting the franchise right, defining the designated territory, providing access to confidential manuals, reviewing and approving the chosen site, and offering lists of approved suppliers and signage/equipment. Before opening, the managing owner and up to two designated managers must complete a three-day initial training program in San Antonio, Texas. Post-opening, Salons by JC may require supplemental on-site training (for an additional fee) and ongoing training for replacement managers. The franchisor also establishes and communicates operating standards, marketing guidelines, and approved vendors. Salons by JC may administer a brand development fund and organize an annual system conference, with mandatory attendance for franchisees.

Initial Training Hours

23

Training Location

San Antonio, Texas

Ongoing Support

After opening, Salons by JC may require franchisees and their Operating Manager to participate in supplemental on-site training, for which a fee of $500 per trainer per day plus expenses is charged. Initial training is also offered for replacement Operating Managers for a fee. Salons by JC establishes and communicates updated operating standards, procedures, and system requirements, including Approved Products and Services, System Supplies, and marketing/promotion standards. The franchisor approves or disapproves of marketing materials and mediums. Salons by JC provides names and addresses of approved vendors and suppliers. Franchisees are required to attend an annual system conference, if offered, for a fee not exceeding $1,000 per attendee, plus travel and lodging. Salons by JC also administers and manages a brand development fund and may establish local or regional advertising cooperatives.

Franchise Requirements

Ideal Candidate Profile

Salons by JC seeks qualified individuals to develop and operate their businesses. Ideal candidates may include those who already own and operate a business similar to Salons by JC and offer similar services and products, meeting the franchisor's conversion business standards. The franchisee or their designated Managing Owner is expected to be actively, continuously, and substantially involved in the personal management and day-to-day supervision of the Salons by JC business. If the franchisee operates multiple locations, each must be managed and supervised on-site by an Operating Manager.

Industry Experience Required

No

Management Experience Required

Yes

Sales Experience Required

No

Technical Skills Required

No

Operational Details

Location Type

retail

Owner Participation

supervisory

Territory Type

limited

Territory Size Requirements

Salons by JC typically grants a designated territory of two miles from the business location in all directions travelable by road. This size may be smaller depending on population density, demographics, and geographical boundaries. In major metropolitan downtown areas or central business districts, the territory is generally less than two miles.

Staffing Notes

Salons by JC franchisees are solely responsible for managing and supervising their employees. The franchise requires that all employees wear approved branded uniforms and ensure that all System Supplies and Approved Products and Services are prepared and maintained according to System standards. The Managing Owner is personally responsible for the management and overall supervision of the business. While hands-on participation is recommended, franchisees may hire an Operating Manager to handle day-to-day on-site operations, provided the manager meets minimum standards, completes initial training, and signs confidentiality agreements. Each Salons by JC business must have a Managing Owner or an Operating Manager supervising on-site at all times.