Editor’s note: This article was first published in September 2010. The data are from that month: 47 centres, 32 new openings in progress in Spain, and an investment of €30,000–35,000. Readers should check whether the chain still operates and on what terms.
For anyone interested in a profitable franchise in full expansion, we’d highlight Bye Bye Pelos. It currently has 47 centres and is in the process of opening 32 new ones in Spain. So how much does it cost to buy into this franchise?
The investment is €30,000–35,000, which, according to its managers, can be recouped in 15 months. It’s worth remembering that the sector Bye Bye Pelos works in has been somewhat sheltered from the crisis: as its CEO argues, women have always removed body hair, and today the market has grown thanks to men, who are also asking for body care services.
When it explains the requirements for becoming a franchisee, the company puts enthusiasm first, since the franchisor takes care of everything else.
As you can see, if turnover really is confirmed to be around €9,000–16,000 a month, we’re talking about a highly profitable franchise and a good business opportunity.
See also: Pros and cons of buying a franchise
Featured image: Salon jaffa, CC BY-SA 3.0, via Wikimedia Commons.
