‘Entrepreneur’ Magazine Names Merle Norman a Most Affordable Franchise
Merle Norman franchise ranks No. 47 on prestigious list
Just as we’ve announced a renewed focus on growth and expansion for 2018, Merle Norman Cosmetics franchise has received another honor from prestigious industry publication Entrepreneur magazine. We’ve been ranked No. 47 on Entrepreneur’s list of the Top 100 Franchises for Less than $50,000.
“Many new business owners spend hundreds of thousands — even millions — of dollars to get started,” says Travis Richards, a Director and Vice President of Franchising. “Some franchise brands require that type of large initial investment. We’re excited that Merle Norman Cosmetics is an affordable business. Becoming a studio owner with us is accessible for many people, and we’re honored that Entrepreneur magazine recognizes the outstanding value we offer.”
Merle Norman’s place on the Top 100 “most affordable” franchises was determined by the scores the company received in Entrepreneur’s 2018 Franchise 500 ranking. Earlier this year, we competed against 1,000 other franchises to claim a spot on the coveted list at number 421. Those scores are determined by an evaluation of more than 150 data points in the areas of costs and fees, size and growth, franchisee support, brand strength and financial strength and stability.
Merle Norman Cosmetics is an American success story. For nearly a century, our studios have been an attractive business to own. Merle Norman was ahead of her time — a pioneer in cosmetics and franchising who believed in creating authentic products that work. She also empowered women through business ownership, and today we are thriving with her original passion, vision and tenacity. Our product quality, integrity and legacy are unparalleled. Extended to entrepreneurs by Merle Norman herself beginning in 1931, our franchise opportunity gives franchisees personal and professional fulfillment as Merle Norman Cosmetics studio owners.
Merle Norman Cosmetics franchise offers lower startup costs
and higher profit potential
The initial investment to begin a Merle Norman Cosmetics franchise ranges from $34,803 to $186,500, depending on the floor plan and site chosen. Merle Norman startup costs include the price for one of several initial packages of Merle Norman Cosmetics, supplies and other items, which range from approximately $17,000 to $26,000 that is paid to Merle Norman. The total investment does not include rent for the business location.
Start-up costs to open a studio in a regional mall range from approximately $95,725 to $186,500; to open a studio not in a regional mall, start-up costs are approximately $95,725 to $186,500; and to open a studio within an existing business, start-up costs are approximately $34,803 to $55,750.
We offer three floor plans for development.
- With a full floor plan, your store will be approximately 500 square feet and can be located almost anywhere — as a freestanding store or in a mall or strip center. This floor plan allows the store to carry a complete assortment of Merle Norman skin care and color products.
- If you’d rather showcase Merle Norman Cosmetics with other merchandise (such as jewelry or accessories), the medium floor plan is ideal. It requires approximately 250 to 500 square feet.
- For those owners who have an existing business, the store-within-a-store floor plan is the perfect add-on. This option requires approximately 150 to 250 square feet and can be configured based on your existing space.
Now is the time to join Merle Norman Cosmetics franchise
Offering a wide variety of studio options at different investment price points, Merle Norman Cosmetics franchise requires a lower investment and never charges a franchise or royalty fee.
If you’re looking for an affordable business that’s easy to run and easy to scale, Merle Norman could be perfect for you. Merle Norman has more than 1,000 studios in North America, and we still have optimal territory available for you to open a cosmetics studio franchise.