What to Know
FAQs FOR OWNERS.
How do I get compensated for a business buyout?
You have options. We’ll work with you to find what’s best. These solutions may include a lump-sum buyout or a percentage of your team members’ revenue for the following year.
What do I do with all this product inventory?
We have experience in negotiating product returns or buyouts with many product/brand lines and can find a solution that doesn’t leave you with your hands full of unusable product.
What will happen to my team if I close my doors?
We’ll work to place them in a LifeSpa location near you – a stable and secure home where they’re together and earning similar or greater compensation.
What benefits do you offer stylists?
- Marketing Support to grow their client list
- Paid Time Off, including Maternity Leave
- Medical, Dental & Vision Insurance
- 401k Retirement Plan
- Advanced Education
- And more…
What do I do without my salon?
You have options! Retire, get back behind the chair full-time, work in management. Get your freedom back.
I’m not sure about this. Can we talk?
Absolutely. If you’re struggling with the decision on whether to shut your doors, we’re here to talk you through the pros and cons of all scenarios. Trust that we want to do the right thing and will be transparent about whether this is a good fit for you.
What’s next?