Franchise News Release: Levittown, NY - (Mar-14-2002)


Lemon Tree Franchisee Buys Parent Company


Deena Yaris, President of Lemon Tree knows how profitable Franchising can be. In 1979 she bought-in to the Lemon Tree Franchise and opened her first salon in New York. Business was so good she opened up three more salons. Then Mrs. Yaris did what most franchisees dream of doing: In 1998 she bought the parent company from its longtime owner and founder, Joan M. Cable.

"It's the dream every franchisees has when they open a store and I made that dream come true, thanks to the successful opportunity provided to me by the Lemon Tree franchise," said Yaris.

Lemon Tree, a value-oriented, family hair care franchise operation headquartered in Long Island, New York, has reasonably priced business opportunities available for industrious entrepreneurs in an industry considered to be "recession proof." Entire shops start at just $44,900.

"With unemployment surging, and budgets tightening, Lemon Tree offers an affordable investment for those seeking to take charge of their own financial destiny by becoming business owners," said Craig E. Yaris, Director of Corporate and Legal Affairs, Lemon Tree.

Yaris added, "Hair care is an $80 billion a year industry and is a necessity for most people. While there are no guarantees when it comes to opening a business, Lemon Tree owners can take comfort in knowing that hair care is viewed as 'recession proof.'"

Lemon Tree recently launched a web site at www.LemonTree.com . The site contains information about Lemon Tree salons and franchise opportunities. There is even an on-line application so interested parties can request information.

Benefits of opening a Lemon Tree salon include:

  • Affordability: The initial investment for a complete store starts at just $44,900.
  • Support: Salon owners benefit from name recognition, corporate marketing and advertising programs, comprehensive training, proven operating strategies and more.
  • Financing: Start-up costs for buying into Lemon Tree are minimal and financing is available for those who qualify.
  • Repeat Business: Generally speaking, clients of hair care salons build relationships with their stylists which leads to a high repeat customer factor.
  • Absentee Management: Due to the nature of the hair care business, owners will find that Lemon Tree salons are easy to run and often allow an owner a flexible in-shop schedule.

Said Yaris, "Lemon Tree owners will enjoy best-in-the-business corporate support. However, our team also encourages individuality and creativity when it comes to business building techniques. Hair care experience is not necessary to successfully open a Lemon Tree salon. It's most important that franchisees possess people skills, business aptitude and a strong desire to succeed."

Founded in 1974, Lemon Tree continues to build on its original philosophy: give consumers what they want - affordable prices, extended hours 7 days a week, quality name brand products, exceptional hair care and great stylists. The Lemon Tree family includes 46 salons in Long Island, NY; two in Brooklyn, NY; six in Queens, NY; three in Staten Island, NY; one in Westchester County, NY; one in Connecticut and two in Pennsylvania.




 

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