Your Journey to Salon Ownership
Inquiry
Inquiry
Now that you’re interested in becoming an owner with COBIA, simply submit an inquiry to start your journey!
Application
Application
After your inquiry has been received, one of our COBIA team members will be in touch to provide you with our COBIA Owner Application Form so we can get to know you a bit better before arranging our first discussion.
Interview
Interview
Once your application has been received and reviewed, we will get in touch to let you know about the next steps. If you are a successful applicant, we will book a time to discuss your application in more detail and answer your questions too!
Discovery Day
Discovery Day
Having completed the interview phase successfully, we will invite you to come join us for a discovery day in Kelowna, BC at our Support Office. This is a great opportunity to learn even more about the brand, our systems and meet all the people who will be supporting you as you become a COBIA salon owner.
Awarding
Awarding
Now that you have completed all the phases of the journey to ownership, our team will discuss how awesome you are, and make our final decisions about awarding you a COBIA Salon + Store. Once approved, we will let you know how excited we are for you to join our team!
Frequently Asked Questions
Do I need salon experience?
Do I need salon experience?
The simple answer is no. Our Business Partners come to us from a wide range of backgrounds and industries. We look for leadership experience and a solid understanding of the importance of operational excellence. We couple that with all the tools and training you will need to succeed.
Who determines the location?
Who determines the location?
Extensive research is completed by COBIA’s Ownership and Leasing department to determine the most optimal locations. The research process includes consideration of market demographics along with success of other retailers in the trading area.
Who manages development?
Who manages development?
COBIA’s support office manages the design, construction, inventory and equipment processes. It is highly important to COBIA’s organization that we only work with specific vetted and approved contractors. Throughout the whole process, we continuously engage with each owner, up to and including assisting with staffing and training.
What locations are suitable for COBIA?
What locations are suitable for COBIA?
COBIA Salon + Stores can operate successfully in power center/street front and mall locations.
What hours do COBIA Salons follow?
What hours do COBIA Salons follow?
COBIA salons located inside major regional shopping centers must follow mall hours. Franchises inside big box power centers are generally open Monday to Friday, 9am to 9pm, Saturday 9am to 6pm and Sundays from 11am to 6pm.
How do I apply?
How do I apply?
Complete the inquiry form and submit it to us. Following your application, a representative will contact you to begin the qualification process.
How do I purchase inventory?
How do I purchase inventory?
We operate our own Distribution Centre located in Kelowna, BC, where most of our products are supplied to each of our salons directly using preferred vendors.
How much income can I expect to earn?
How much income can I expect to earn?
The level of income that you will earns is dependent on a number of factors, including your level of involvement in the operation, sales performance, cost controls, fixed overhead, location and market.
How much does it cost?
How much does it cost?
The combined costs associated with opening a COBIA Salon Location varies dependent on the size of the location and market conditions. The average COBIA Location will cost between $650,000 and $750,000.
What are the fees?
What are the fees?
The COBIA Ownership Fee is $40,000. 5% of your gross sales are collected as a royalty fee and 2% is collected and redistributed towards brand development programs.
Are there discounts for multiple locations?
Are there discounts for multiple locations?
Of course! Contact us for more details on multiple locations.