Start a Lemon Tree Hair Salons Franchise in 2024

Franchise 500 Rank: N/R Not ranked last year

Initial investment: $179K - $271K

Units as of 2024: 46 9.5% over 3 years

Lemon Tree Family Salons provides quality hair services at affordable prices. With over 45 years of experience, they are a favorite hair salon for many families in different locations. Lemon Tree Family Salons has a long history, having started as a family salon in 1974. By 1976, it began franchising. The company has since undergone several changes in ownership and branding and was purchased by Jonathan Shaw in 2009. There are over 30 franchises in the United States.

Why You May Want to Start a Lemon Tree Family Salons Franchise

An ideal franchisee is an individual who is driven, community-focused, will fit into the Lemon Tree Family Salons culture, and wants to grow their business. As a Lemon Tree Family Salons franchisee, you will be in charge of hiring a team and ensuring that clients get the best services.

The brand is founded on quality and strives to offer the best services in the hair and beauty industry. Lemon Tree Family Salons customers love the brand because they provide a wide range of services, and could serve as a one-stop-shop for the entire family. Customers also may get to enjoy premium services at an excellent value for their money. The services include haircutting, styling, dying, coloring, toning, and facial waxing. Clients can get walk-in services since it is not always necessary to make appointments.

What Might Make a Lemon Tree Family Salons Franchise a Good Choice?

To open a Lemon Tree Family Salons franchise, you should make sure you're financially ready for an initial investment made up of a franchise fee and other startup costs. You should also be prepared for ongoing fees that will include advertising fees and royalty fees. Franchisees will also need to meet the company's set net worth and liquid capital requirements.

Lemon Tree Family Salons is flexible, scalable, and may allow for absentee ownership. Franchisees may have the opportunity to make more revenue through the sale of quality hair products.

How To Open a Lemon Tree Family Salons Franchise

To learn more about the Lemon Tree Family Salons franchise opportunity, you will need to submit a franchise inquiry form. If you are seen as a good fit, you may receive an introductory franchising call. You may then join a webinar and review the Franchise Disclosure Document. Soon after acquiring your Franchise Disclosure Document, you will have a chance to do interviews with other franchisees as part of your due diligence period.

An interview with the CEO and attending discovery day is the next step. Lemon Tree Family Salons may make a final decision within a day after the executive interview, and they will provide you with the franchise agreement. Training will then occur at the corporate headquarters in East Hanover, New Jersey, with both classroom and on-site training segments.

After signing your agreement and completing training, the Lemon Tree Family Salons franchising team will make a site visit to your salon. They will guide you through the pre-opening and grand-opening process and provide you with all the support you need to succeed.

Company Overview

About Lemon Tree Hair Salons

Industry	Personal-Care Businesses
Related Categories	Hair Care, Salon & Spa Services
Founded	1974
Leadership	Jonathan Shaw, CEO
Corporate Address	8 Campus Dr., #105, PMB 1029 Parsippany, NJ 07054
Social	Facebook, LinkedIn, Instagram

Business Overview

Franchising Since	1976 (48 years)
# of employees at HQ	8
Where seeking	This company is offering new franchises throughout the US.
# of Units	46 (as of 2024)

Information for Franchisees

Here's what you need to know if you're interested in opening a Lemon Tree Hair Salons franchise.

Financial Requirements & Ongoing Fees

Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee Definition: The initial fee paid to a franchisor to join their system What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor. This fee is usually due at the signing of the franchise agreement and covers the right to use the franchisor's trademarks, name, and related business systems.	$35,000
Initial Investment Definition: The total amount necessary to begin operation of the franchise What you need to know: The initial investment includes the franchise fee, along with other startup expenses such as real estate, equipment, supplies, business licenses, and working capital. This is outlined in a chart in Item 7 of the FDD, showing a range of possible costs from low to high.	$178,794 - $270,939
Net Worth Requirement Definition: The minimum net worth you must have in order to qualify to become a franchisee of this company What you need to know: Net worth is the value of a person's assets minus liabilities. Assets include cash, stocks, retirement accounts, and real estate. Liabilities include items like mortgages, car payments, and credit card debt.	$240,000
Cash Requirement Definition: The minimum liquid capital you must have available in order to qualify to become a franchisee of this company.	$100,000
Royalty Fee Definition: A ongoing fee paid to the franchisor on a regular basis. What you need to know: Most franchisors require franchisees to pay an ongoing royalty fee, which is detailed in Item 6 of the FDD. This fee is typically a percentage of weekly or monthly gross sales, but may also be a flat weekly, monthly, or annual fee.	6%
Ad Royalty Fee Definition: An going fee paid to the franchisor on a regular basis to support advertising or marketing efforts. What you need to know: This may also be called advertising fee, marketing fee, brand fund fee, and more, but the basic purpose is the same-- to support promotion of the brand systemwide. As with the royalty fee, it is detailed in Item 6 of the FDD, and can be a percentage of weekly or monthly gross sales or a weekly, monthly, or annual fee.	$120/wk.
Term of Agreement Definition: The length of time your franchise agreement will last. What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease. Once your term is up, you may have the option to renew your agreement, typically for a smaller fee than the original franchise fee.	10 years
Is franchise term renewable?	Yes

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

On-The-Job Training	28 hours
Classroom Training	50 hours
Ongoing Support	Newsletter Meetings & Conventions Toll-Free Line Grand Opening Online Support Security & Safety Procedures Lease Negotiation Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
Marketing Support	National Media Regional Advertising Social Media SEO Website Development Email Marketing

Operations

Additional details about running this franchise.

Is absentee ownership allowed?	Yes
Can this franchise be run from home/mobile unit? Definition: The business can be run from your home and/or a vehicle, and it is not necessary to have a retail facility, office space, or warehouse.	No
Can this franchise be run part time? Definition: This business can be run by the owner on a part-time basis (less than 40 hours per week) and/or as a side business; it is not necessary for the business to be open/run full-time.	No
# of employees required to run	6
Are exclusive territories available? Definition: An exclusive territory is a fixed area in which you are given the right to operate and in which no other units of the same franchise may be opened. What you need to know: Territory size may be based on factors such as radius, population size, zip codes, and more. Details can be found in Item 12 of the FDD.	Yes