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Updated RecentlyPROSE vs Namaste Nail Sanctuary Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of PROSE vs Namaste Nail Sanctuary including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $430,823 - $680,183 | $230,595 - $480,295 |
| Franchise Fee | $45,000 | $39,000 |
| Royalty Fee | 6% | - |
| Advertising Fee | 2% | - |
| Year Founded | 2018 | 2017 |
| Year Franchised | 2018 | 2017 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | -/- |
| Start-up Costs | -/- | -/- |
| Equipment | -/- | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
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| Training | PROSE franchisees receive expert training throughout the entire process from signing your franchise agreement to opening your boutique. | - |
| Support | - | - |
| Marketing | - | - |
| Operations | PROSE’s healthy, enriching and on-trend services and consumer experience have captivated the interest of many potential franchisees and market developers. The cornerstone of PROSE’s creation is the commitment to designing a better way to create beautiful hands and feet every day. Today, the brand is delivering measures to ensure each boutique is comfortable and clean and has a suite of curated products and protocols designed to be natural and results-driven. Amongst the top features at PROSE is its risk-free membership program, offering a wide range of advantages to members and their family and friends. | - |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | - | - |
| International Expansion | - | - |
Company Overviews
About PROSE
Headquartered in Phoenix, Arizona, PROSE is a nail boutique that has designed a better way to
care for hands and feet. Through its sleek and smart design, PROSE elevates the
member and guest experience by focusing on consistently being healthy,
on-trend, comfortable and clean. The boutique brings healthy relief to hands
and feet by only using high-quality, non-toxic and hypoallergenic products that
are expertly applied by professional artists. The PROSE experience is relaxing,
results-driven and free of overwhelming smells. Through its risk-free and
affordable membership program, PROSE provides guests a unique option to receive
services with savings for themselves, family and friends. The lifestyle brand
also focuses on elevating the profession of its artists by creating a healthy
culture that rewards and respects their artisanal talents. For additional
information, visit www.myprose.com
The total investment necessary to begin operation of a PROSE Boutique
is from $634,303 to $721,571. This includes $45,000 that must be paid to
the franchisor ($35,000 if this is not your first Boutique).
If you sign a Multi-Site Development Agreement you will incur the total
investment necessary to begin operation of a PROSE® Boutique for each
location you commit to opening.
About Namaste Nail Sanctuary
!["Namaste]("https://fddexchange.com/wp-content/uploads/2020/01/Namaste-300x134.png")
In 2009, researchers at Harvard Medical School discovered that the
simple act of becoming relaxed has surprising health benefits. In
addition to the obvious psychological effects of relieving stress and
mental tension, they found that deep relaxation - including techniques
such as meditation - if practiced regularly, can strengthen the immune
system and produce a host of other medically valuable physiological
changes. The Harvard researchers called these changes “the relaxation
effect”, a phenomenon that could be just as powerful as any medical drug
but without the side-effects.
Namaste | Nail Sanctuary is the first-and-only nail services concept
intended to ignite and induce “the relaxation effect” while delivering
experiential, artisanal nail care.
The total Investment necessary to begin operation of a Namaste Nail
Sanctuary® Location Franchise ranges from $230,595 to $480,295, this
includes the Initial Franchise Fee of $39,000 that must be paid to the
franchisor or their affiliate.
If you purchase more than one Location
Franchise at the same time, the Initial Franchise Fee is $39,000 for the
second Location Franchise, $35,000 for the third and fourth Location
Franchises, and $30,000 for each additional Location Franchise.