factual

How many employees on payroll did the Edina Face Foundrie location average in 2024?

Face_Foundrie Franchise · 2025 FDD

Answer from 2025 FDD Document

In 2024, the Edina location averaged 24-28 employees on payroll, the Minneapolis location averaged 18-20 employees on payroll, and the Maple Grove location averaged 18-20 employees on payroll.

In 2024, we raised wages for certain positions at all of our corporate Facial Bars in Minnesota to match those at our Minneapolis Facial Bar, which is subject to a citywide minimum wage ordinance.

Source: Item 19 — FINANCIAL PERFORMANCE REPRESENTATIONS (FDD pages 59–69)

What This Means (2025 FDD)

According to Face Foundrie's 2025 Franchise Disclosure Document, the Edina location averaged between 24 and 28 employees on payroll in 2024. This figure is based on the actual historical information from Face Foundrie's corporate Facial Bars. It's important to note that these labor costs include payroll and professional fees but do not include the owner's salary, though they do include the salary for a Salon Manager. Additionally, these figures do not include a management fee paid to Face Foundrie's affiliate for administrative expenses, as this fee would not apply to franchised locations.

For prospective franchisees, understanding these labor costs is crucial for financial planning. The FDD highlights that labor costs can vary based on factors such as staffing levels. In 2024, Face Foundrie raised wages for certain positions at all corporate Facial Bars in Minnesota to match those at the Minneapolis location, which was subject to a citywide minimum wage ordinance. This wage adjustment could impact the labor expenses for franchisees, especially those in areas with similar minimum wage laws.

Furthermore, Face Foundrie implemented paid time off benefits for certain employees in 2024, which increased labor costs at the Edina location by approximately $13,300. Minnesota's Earned Safe and Sick Time law also took effect in 2024, mandating paid sick leave for employees, which could further influence labor expenses. These changes reflect the increasing importance of employee benefits and compliance with local labor laws, which franchisees must consider in their operational budgets.

Given these factors, it is essential for potential Face Foundrie franchisees to conduct a thorough, independent investigation of the labor costs they are likely to incur. This includes considering local wage laws, the cost of benefits, and the potential impact of paid leave mandates. Franchisees should also consult with current or former franchisees listed in Exhibit F of the FDD to gather additional insights into managing labor expenses effectively.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.