Fuchsia Spa Franchise Review
- BizOp or Franchise: Franchise
- Name: Fuchsia Spa
- Category: Personal Care Services
- Subcategory: Spa Services
- Cash Investment: $150,000USD
- Net Worth Requirement: $500,000
- Home-based: No
- Passive investment allowed: No
- Financial Assistance: 3rd Party
- Veteran discount: Yes
- Item 19 Yes
Overall Rating 98 out of 100
WHAT IS THE PRODUCT OR SERVICE FUCHSIA SPA OFFERS THE CONSUMER?
Fuchsia Spa focuses mainly on aesthetic services, with manicures, pedicures, waxing and massages offered in addition to skin care treatments. They offer several lines of skin care products including their own Fuchsia Skin Care line. This is an “everyday” kind of spa in a warm and welcoming environment and it’s dedicated to providing tantalizingly high quality services to women (and men) of all ages. The setting is clean, fun and contemporary and fits the consumer’s busy lifestyle, and budget.
WHAT IS THE FUCHSIA SPA BUSINESS MODEL?
Fuchsia is a membership-based business model that gives consumers an affordable option for their personal care needs. This provides an excellent revenue stream for the franchisee and the model is primarily what differentiates this business from other spas. For a monthly fee, members can enjoy a facial, microdermabrasion, back facial, dermaplane, massage or body scrub per month, and are entitled to receiving additional services at a reduced member rate. Non-members, however, are always welcome to indulge in all services offered.
A typical salon size is around 2600 square feet and they’re located in retail shopping centers such as a mall or strip center. Hours of operation can vary by location, but spas are usually open at least 6 days a week.
Fuchsia’s targeted customers are adult woman between the ages of 30 and 70. They compete with hotels, resorts, day spas, salons, massage studios, nail salons, and other membership and non-membership based aesthetic and spa businesses.
There are typically 15 or so employees at Fuchsia and the technicians are non-commissioned, fostering a deeper loyalty than commissioned personnel.
WHAT DOES FUCHSIA SPA OFFER THE BUSINESS OWNER?
Fuchsia has partnered with a company that has developed, and will maintain, a unique system for the operation of Fuchsia Spas. This system provides:
>>> the interior and exterior spa design, special décor elements, layout, furnishings, fixtures, color schemes, display units, graphics and designs, signs, quality and quantity of equipment, and inventory;
>>> procedures for operations; proprietary computer software; quality and uniformity of services and products offered;
>>> staff and customer recruitment and retention programs;
>>> local, regional and national events;
>>> procedures for management training and assistance; over 100 hours of initial training is provided for the franchisee
>>> advertising and promotional programs; and business formats, methods, procedures, designs, layouts, standards, and specifications.
WHO IS FUCHSIA SPA LOOKING FOR?
Fuchsia is looking for candidates with business sales or management experience. A background in spa operations is NOT required because franchisees will be fully trained in that regard. A potential applicant should have the desire to follow a proven business model and focus on a unique guest experience for their patrons.
Franchise fees are as follows:
- Single Unit $45,000
- Additional Units $35,000
Fuchsia Spa requires candidates to have a net worth of at least $500,000 USD. A total cash investment of around $150,000 is required and includes the franchise fee.
Ongoing royalties are 6% of gross sales with an additional fees to cover miscellaneous costs, such as advertising. These additional fees will be detailed in the FDD.
With good credit scores, franchisee financing can be obtained through a third party loaning institute.
HOW MUCH CAN I MAKE AS A FUCHSIA SPA FRANCHISE OWNER?
How much you can earn with any franchise is always the question of the day. It can depend on so many different factors, which is why many franchisors are so reluctant to disclose financial information. Many aspects, like location, the skillset of the franchisee, the economic climate etc. can determine the success of any franchise. However, Fuchsia Spa includes some pretty nice numbers in their FDD Item 19. Not only does their FDD show Gross Sales, it also shows Net Profit, so information on the cost of sales and expenses is very valuable. An FDD is available to serious candidates who have met initial requirements in the franchise acquiring process.
MY OWN OPINION
Click HERE for my personal review of my first visit to a FUCHSIA SPA as a customer.