Are you looking for a saloon business with one of the finest brands in India? Look no further; Naturals is offering franchise opportunities for aspiring entrepreneurs. Curious about Naturals franchise costs? Let’s Break Down the Numbers in 2024. In this, we will discuss how much investment is required to start the business. What is the profit? What are the requirements? How to get a Naturals franchise and Naturals franchise pros and cons.
Table of Contents
About Naturals
Naturals Salon is India’s first unisex salon, with 23 years of excellence in beauty services and entrepreneurship opportunities. Naturals was conceived with the idea of the modern Indian and founded by Veena K. She opened her first salon in Chennai in 2000. Her husband’s co-founder and CEO, CK Kumaravel, joined Naturals in 2004. Since then, the Naturals team has been able to meet every challenge in this competitive industry.
Naturals Salon provides a wide range of services for both men and women, including:
Hair Care: From simple trims to couture looks, their hairstyling and cutting services cater to various preferences.
Skin Care: Their skincare services aim to replenish, rejuvenate, and revitalize your skin.
Makeup: Whether it’s a natural look or a glamorous makeover, Naturals Salon has you covered.
Spa Services: Pamper yourself with relaxing spa treatments.
Currently, Naturals operates 700+ salons in 20 states in India. It created 400+ female franchise partners, trained 10,000+ staff, and attracted 30 lakh+ customers to Naturals. It aimed to establish 3000+ outlets before 2025. You can be the next successful entrepreneur with India’s largest family salon chain
Key Details of Natural Franchise
- Brand Name: Naturals
- Industry: Unisex Hair and Beauty Salon
- Number of Outlets: 700+ in 20 states
- Franchise Fees: 6 lakh plus GST
- Franchise cost: 50 to 55 lakhs
- Profit Margin: 8 to 17%
- Royalty Fees: 15% per month
- Net profit: 2 lakhs per month
- Space required: 1000 to 1500 sq ft
- Franchise Agreement: 4 yeras
- Official Website: https://naturals.in/
Curious About Naturals Franchise Costs? Let’s Break Down the Numbers
Natural franchise costs Let’s break down the numbers with an explanation:
Franchise Fee: The applicant needs to pay a franchise fee of 6 lakh rupees plus a GST fee to grant you the right to operate a Naturals franchise under brand support.
Estimated Setup Cost: To set up a Naturals franchise, costs range from 8 to 10 lakh rupees, including expenses related to infrastructure, equipment, and initial setup.
Initial Inventory: The franchisee needs an initial inventory worth 2 lakh rupees to stock your salon with products and supplies. You may need to purchase 2 months’ stock as initial inventory.
Royalty Fee: Naturals charges a royalty fee of 15% on your monthly sales for advertising, ongoing support, and brand maintenance.
Working Capital: You need to allocate 3 to 5 lakh rupees as working capital to cover day-to-day operational expenses like employees’ salaries and daily needs for the franchise outlet.
Franchise Agreement: To be a Naturals franchisee, you need to sign a franchise agreement that is valid for 5 years. You will operate under the Naturals brand’s support and a few of their guidelines. You can renew this period for another 5 years if you want to continue.
Total Investment: The total Naturals franchise cost falls between 50 and 55 lakhs. This includes all franchisee fees, initial inventory, working capital, and others.
| Franchise Fee | 6 lakh+GST |
| Estimated setup cost | 8 to 10 lakh rupees |
| Initial Inventory | 2 lakh |
| Royalty Fee | 15% on monthly sales |
| Working Capital | 3 to 5 lakh |
| Franchise Agreement | 5 years |
| Total Investment | 50 to 55 lakhs |
Is Investing in Naturals Franchise a Profitable Move? Let’s Investigate!
Whether investing in a Naturals franchise is a profitable move or not, you can decide here.
Total Investment: The Naturals franchise costs between 50 and 55 lakhs. This includes setup, inventory, and franchise fees.
Profit Margin: As a franchisee of Naturals, you can expect a profit margin ranging from 8% to 17% of the net sales. Higher profit margins are generally more favorable for franchisees.
Monthly Profit: With a net profit of 2 lakh rupees per month, Naturals offers a lucrative opportunity. This figure reflects the actual earnings after deducting expenses.
Return on Investment (ROI): This means the franchisee can recoup the initial investment within a 24- to 30-month timeframe.
| Total Naturals franchise cost | 50 to 55 lakhs |
| Profit Margin | 8 to 17% |
| Profit per month | 2 lakh net profit |
| Return on Investment | 24 to 30 months |
Requirements to Open Naturals Franchise
Here are the requirements you need to fulfill to open a Naturals franchise:
Investment: The applicant needs to be financially stable and able or ready to invest 50 to 55 lakhs as an initial investment to open a Naturals franchise. This covers setup costs, inventory, and franchise fees.
Business Experience: While prior business experience is not mandatory to be a Naturals franchisee, having a passion for the beauty and wellness industry is essential. The brand values your commitment to maintaining its brand standards.
Required Space: Franchisees need to have commercial space of approximately 1000 to 1500 sq ft to set up the salon. You can have your own space or take it for a lease based on your compatibility. Ensure the location is accessible and suitable for a salon business.
Location: Naturals will help you choose a suitable location for the franchise. if you have already chosen a location that should have good visibility and foot traffic. Also, you need to consider factors like nearby residential areas, parking availability, and proximity to other businesses.
Required Staff: Franchisees need to hire some skilled employees like hairstylists, beauticians, makeup artists, and receptionists. They should be ready to undergo special training from Naturals.
Documentation: Gather necessary documents, including the standard franchise agreement, GST registration, Rental agreement, and PAN and Aadhar card details.
How to apply for a Naturals franchise?
To apply for a natural franchise, follow the below steps:
Visit the official website: Visit the official website of Naturals Salon to learn about the brand, brand history, and requirements to start a franchise.
Locate the franchise section: Look for the franchise section on the menu bar of the official website. Next step is to click on it. Read the given details regarding the franchise.
Application Form: Scroll down, and you will find the Enquire Now section. There you will find the application form. Fill out the application form with the required details.
Submit the form: Recheck the given information for accuracy and submit it.
Wait for the response: After submitting the franchise form, you are to wait until you get a reply from the NAturals franchise team, they will check if there are any franchises in your given location.
Pros and Cons of Owning a Naturals Franchise
Pros
Proven Business Model: Naturals Salon has a successful track record, having grown from 1 salon to 700 salons over the past 23 years. As a franchisee, you benefit from a well-established brand and business model.
Access to Exclusive Products and Services: Naturals offers high-quality beauty services and hygiene at affordable rates. Franchisees will have access to natural product lines and expertise.
Ongoing Support from the Franchisor: The franchisee won’t be running the business alone; he or she will be getting continuous support, including PR assistance, marketing, and IT support from the Naturals.
Training: Franchisees and staff will be getting special training from industry experts well-versed in L’Oreal Wella product lines.
Branding and marketing are already in place: you don’t need to start from scratch. Naturals’ brand recognition and marketing efforts are established. This saves you time and effort for advertising, local marketing, and others.
Financing May Be Available: Naturals offers financial assistance, including business loans of up to INR 30 lakhs from the State Bank of India.
Profit for Franchisee: As a franchisee of Naturals, you can expect a profit margin of 8 to 17, and you can earn a net profit of 2 lakhs per month.
Cons
Initial Investment: To open the Naturals salon franchise costs up to 50 to 55 lakhs. Consider whether this investment aligns with your financial capacity or not.
Royalty Fees: Franchisees need to share 15% of monthly sales with the Naturals team as a royalty fee.
Competition: The beauty industry is competitive, with many salons. You need to be unique, and customer-friendly service is necessary.
Location Challenges: Identifying the right location for Naturals salon can be tricky for the franchisee.
Operational Responsibilities: Running a salon involves managing staff, inventory, and customer service. The franchisee needs to be prepared for all of these.
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Conclusion
In conclusion, curious about Naturals franchise costs? Let’s break down the numbers in 2024. Naturals is the finest franchise business for everyone who wants to start their business in the beauty and salon industry. Initial investment is high, but brand also providing loan opportunity with brand reputation, brand support, ongoing support, training, profit margin, and a 2 lakh net profit per month makes Natural franchise an excellent choice. Before you make your decision, consider the total investment, royalty fees, computation, and location challenges.
FAQ
Is Naturals Salon Franchise profitable?
Naturals franchisees will be getting a net profit margin between 8 and 7% of net sales. Franchisees can earn a 2 lakh net profit per month, making the Naturals Salon franchise profitable.
How much does Naturals franchise cost?
To open a Naturals franchise, you need to invest 50 to 55 lakhs, including the 6 lakh plus GST franchise fee, initial inventory, working capital, and others.
