Diamond Dynasty
Hair-extension vending machines- 2023 Franchise 500 Rank
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N/RNot ranked last year
- Initial investment
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$41K - $52K
- Units as of 2019
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12 1,100.0% over 3 years
Company Overview
About Diamond Dynasty
Industry | Retail |
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Related Categories | Miscellaneous Retail Businesses |
Founded | 2014 |
Leadership | Raquel Brown, CEO |
Corporate Address | 2579 Eric Ln., #J Burlington, NC 27215 |
Business Overview
联邦铁路局nchising Since | 2019(4 years) |
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Where seeking | 本公司是提供新franchisees in the following US states: 本公司是提供新franchisees in the following international regions: |
# of Units | 12(as of 2019) |
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Diamond Dynasty 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 |
$14,900 |
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Initial Investment |
$41,100 - $51,800 |
Net Worth Requirement |
$14,900 |
Cash Requirement |
$14,900 |
Royalty Fee |
5% |
Ad Royalty Fee |
to 1% |
Term of Agreement |
10 years |
Is franchise term renewable? | Yes |
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
Third Party Financing | Diamond Dynasty has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll |
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Training & Support Offered
联邦铁路局nchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
On-The-Job Training | 3 hours |
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Classroom Training | 3 hours |
Ongoing Support |
Grand Opening
Site Selection
|
营销支持 |
Social Media
|
Operations
Additional details about running this franchise.
Is absentee ownership allowed? | No |
---|---|
Can this franchise be run from home/mobile unit? |
No |
Can this franchise be run part time? |
No |
Are exclusive territories available? |
Yes |
Interested in ownership opportunities like Diamond Dynasty? Request a free consultation with a Franchise Advisor now.
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