Q: Do you offer a military discount?
Yes. Service members receive a one-time 50% off the franchise fee.
Q: Do you offer financing options?
Yes. We have an approved third-party lender to assist franchisees with financing. We are also listed as an approved franchise through the SBA Franchise Registry. This automatically grants qualified prospects to receive funding through any bank that offers SBA Lending.
Q: Can I choose my location?
Assistance is provided in locating the site(s) for your location(s), negotiating a lease for the site, and coordinating construction and initial setup of your location(s).
Q: Can I open a Pierced?® in a state that doesn’t already have one?
Yes, we offer our opportunity in every city, state, and zip code throughout the United States.
Q: How long is training?
The Pierced?® training program is 7-10 days and consists of classes conducted at a designated Pierced?® location. A company trainer is onsite to help you open your new location with on-the-job training for the first 3-5 days.
Q: How long does it take to get a location up and running?
From the day we sign paperwork to the first day of operation can be as little as one month. It all depends upon how quickly you learn the processes and want to open.
Q: Do I buy my products from Pierced?®?
No. However, Pierced?® does require purchase of approved products through established vendors.
Q: Can I have more than one location?
Yes. Multi-unit opportunities are available. A designated number of locations are agreed upon with scheduled time-line for unit openings.
Q: Is there an ongoing franchise royalty fee?
Yes. The ongoing royalty fee is 6% of sales and is due weekly.
Q: What is the franchise license renewal fee?
Your franchise agreement can be renewed at 50% of the current fee for an additional 5 years.
Q: How much will it cost to open a Pierced?® franchise?
Total opening costs vary depending on location, size, inventory, and necessary setup costs. Some areas of the country are also higher due to economics of the area. Typically you can expect to spend anywhere from $29k – $65k. This figure includes your franchise fee, 3 months working capital, equipment, and most other expenditures incurred for your location. Most banks are requiring 25%-35% down for an SBA Loan.