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Q: How much money can I make with my Studio?
A: This is one of the most asked questions and the truth is that it depends on many factors like your location, your rent, your staff and how much you’ve spent on fixtures and build-outs. Merle Norman wants you to control your financial destiny, which is why we do NOT charge a franchise fee, we do NOT charge a royalty fee; AND we help with financing terms on your initial stocking order so you can keep as much cash in your business (or your pockets) from the start. And with our generous 60% advertising reimbursement plan, you won’t find a better deal to promote your Studio and get as much business as you can with us helping you to pay for it.
Once you submit an inquiry form and fill out a confidential questionnaire, we will send you our Franchise Disclosure Document (FDD), which includes our Financial Performance Representations.
Q: Can I sell Merle Norman products from my home or on the Internet?
A: No. Merle Norman products can only be distributed through Merle Norman Cosmetic locations because we believe it is important to have a fully dedicated Studio with a complete line of products to offer a quality personalized service. It’s also important to have a retail location that benefits from local traffic so you are constantly meeting new customers and not just selling to friends and family.
Q: How much does it cost to purchase a resale Studio?
A: The cost of a resale Studio varies by location and size of business. We’d be happy to give you a price range for each location if you let us know in which one you’d be interested. Contact us today to learn more.
Q: How can I secure a business loan to start my Merle Norman Studio?
A: Merle Norman is proud that the Small Business Administration (SBA) has approved us to be listed on the Franchise Registry, which means you benefit from a streamlined review process for U.S. Small Business Administration (SBA) financings. Rather than a lengthy review process, loan applications for Merle Norman Studios can be reviewed and processed more efficiently and quickly by the SBA and its lenders because the respective franchise agreements do not need to be reviewed in each individual franchisee situation. To learn more about this process, please visit the Franchise Registry Website and/or consult with your local financial institution.
Q: Why are some Existing Studios available for purchase?
A: There are many reasons why a Studio is available for sale. Most common reasons are: 1) The owner is ready to retire and would like to sell to someone who can take over their existing business (and maybe even grow it!); 2) The owner may have fallen ill or have to care for an ill family member which requires her to focus her time away from the Studio; and 3) The owner is moving for personal reasons. In each instance, buying an existing Studio is a fantastic opportunity to hit the ground running with an existing clientele and sales volume.
Q: Do I need to use the Internet as Studio Owner?
A: The Internet is a chief communication tool in business practices. We encourage Studio Owners to have access to and knowledge of using email and viewing websites to stay current with information. We offer free email hosting as well as help in setting up and running a website so you can focus on business.