Skoah Partners For Expansion

skoahpartnership_np

Skoah has announced a partnership with Franworth, a franchise-focused growth equity firm, in order to support its growth throughout the United States and further franchise development efforts. Founded in 2001, skoah is a membership-based skin care and facial-only spa franchise based in Canada. It also launched a skin care line in 2003 that’s grown to now include 70 products.

Under its new partnership with Franworth, skoah has launched an expansion strategy for the United States and over the next few years aims to open hundreds of units. Skoah currently has locations in Seattle, Boston and Houston, and is searching for franchise candidates to drive its growth nationwide.

Franworth has also recently launched Liberty Fulfillment, a logistics division and e-commerce platform that supports its franchise brands. The system also offers warehousing capabilities.

In addition to its new partnership with skoah, Franworth also recently announced the launch of Liberty Fulfillment, a logistics division and e-commerce platform that supports its growing portfolio of franchise brands.

“At Franworth, we believe in partnering with trailblazing concepts that have passionate founders eager to take their business to the next level, and skoah is no exception,” said John Rotche, founder and CEO of Franworth. “The brand offers a service and experience that is truly unparalleled, and with its existing U.S. locations performing tremendously, we have no doubt that skoah is poised to become one of the hottest franchise concepts in the industry today. With single-service concepts dominating the beauty segment, skoah offers potential franchisees an opportunity to capitalize on this booming trend and gain access to their business model backed by Franworth's years of success.”

"We recognize that navigating fulfillment and distribution can be a challenge for our franchisees, which is why Liberty Fulfillment is such an invaluable resource for our brand, particularly as we prepare to expand our footprint throughout the U.S.," said Andrea Mundie, co-founder, CEO and president of skoah. "With high-margin product sales, it's imperative for us to streamline our supply chain technology in order to scale our brand for the long-haul. Having the opportunity to leverage Franworth's innovative process and technology made this partnership a no-brainer for us, and we look forward to leveraging the immense expertise of [Rotche] and the Franworth team to support our brand's continued success and growth.”

More in Finance