Salon Studios

At Salon Studios, we have taken the salon and spa studio rental business to the next level. We are a collection of individual studios under one roof, similar to a mall. Each beauty professional has their own private studio suite, with a locking entrance and everything they need to run their own successful business. Our Franchisees and Area Developers make money by collecting weekly rental payments from their studio owners.

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Salon Studios

Salon Studios Franchise Cost and Requirements for 2024

Background

WHY SHOW SALON STUDIOS TO YOUR CLIENTS!

While many industries have declined or disappeared over the last few years, the beauty industry continues to grow and has become a $60 billion industry with over 1,229,000 Beauty Professionals! Beauty industry professionals are joining the "salon studios revolution" because they are looking for more control and understand the benefits of owning your own business.

THE OPPORTUNITY

Since 2001, our proven model makes it simple, you become a landlord - renting studios to entrepreneurial beauty professionals that want to own their own business without all of the up-front costs and limitations of working for someone else. This provides a great semi-absentee life-style business model where you are the landlord and curator of your beauty mall community.

KEY BENEFITS OF OWNING A SALON STUDIOS FRANCHISE

  • Strong Unit Economics: VALIDATION, VALIDATION, VALIDATION
  • Recession Resilient Industry
  • Average Occupancy Rates at 90% or higher,
  • Recurring Weekly and Predictable Revenue Stream
  • HIGH $ Average Per Ticket
  • E-cash business, No accounts receivables, No inventory
  • Simple Operation / Executive Model / Great Lifestyle Business


Easy to run and manage- a true semi-absentee lifestyle business model. Few to no employees - traditional salons or spas require substantial labor and licensing, while Salon Studios requires only 1 or 2 Beauty Mall Concierges. Our "manage-the-manager" business model allows franchise owners to make money and work on the business vs in the business

Dedicated Franchisee Training and Support

Through our first-hand knowledge and experience of owning and operating our own Salon Studios Beauty Malls we understand every aspect of the business, we are here to help you every step of the way - from the launch of your business through the lifetime of your business we will provide:

  • Comprehensive training at our Headquarters and at your location
  • Real Estate Site Selection Assistance
  • Cost Efficient Design and Construction Assistance
  • Grand Opening, Marketing, PR and Sales Support
  • Proven Operations Tools, Systems and Processes
  • On-going educational training and support
  • Lower Fees compared to similar concepts


Franchisees' success is our priority, we leverage economy of scale for furniture, fixtures and equipment to help our franchisees and their salon artists get set up for success. We do not require you to purchase Furniture, Fixtures, Equipment and Products from us. Our goal is to help franchisees by leveraging our established vendor networks, not create another profit center for us.

Scalable Business Model- Over 50 Locations Identified in Top-Tier Markets Ready for Development!
Owner Operator
Manage the Manager
Semi-Absentee
Single Unit
Multi-Unit
Area Developer
Conversion opportunities


MINIMUM FINANCIAL QUALIFICATIONS

Total Investment for a single unit: $274,700-$786,000 includes Franchise Fee and Working Capital.
Min. of $200,000 Liquid Capital
Min. Net Worth of $500,000
Min. credit-score- 680
Initial Franchise Fee: $40,000
Royalty: Flat weekly fee $125-$225
Financing Available


Please contact me directly or visit us at www.salonstudiosfranchise.com I look forward to speaking with you.

Company Details

Established: 2001
First Unit Franchised: 2016
Franchised Units: 3
Company Owned Units:?6 locations with 10?more in development!


States Registered In: Non-Registration States and Filing States are ready for development now.


Canada Franchises: No
International Franchises: No

Support and Training Offered By Salon Studios

Financial Assistance Provided: Yes
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Recruiting Assistance: No
Co-Operative Advertising: Yes

Training: Through our first-hand knowledge and experience, we understand every aspect of the business and we are here to help you every step of the way - from the launch of your business and for the lifetime of your business.


We will provide:

  • Comprehensive 2-Week Training at our Headquarters and at your location
  • Real Estate Site Selection Assistance
  • Design and Construction Assistance
  • Grand Opening, Marketing and Public Relations (PR) Support
  • Proven Operations Tools, Systems and Processes
  • On-going educational, training, operational and marketing support

2024 Franchise Requirements Needed to Own a Salon Studios Franchise.

What does a Salon Studios Franchise Cost?

Salon Studios franchise fees for 2024:

Cash Investment: min $200,000
Total Investment: $274,000-$786,000 Single Unit
Minimum Net Worth: $500,000
Franchise Fee: $40,000
Royalty: Flat Fee: 3- months after Certificate of Occupancy: Months 4-10: $125/week up to 6000 S.F $225/week over 6000 S.F Months 11 and forward: $250/week up to 6000 S.F $400/week over 6000 S.F.
Ad: 1%
Average Number of Employees: 0-3
Item 19: Yes
SBA Approved: Coming Soon
Passive Ownership: Yes
Home Based: No
B2B: No
Master Franchise Opportunities: No
Veteran Discount Yes

Special Discount Programs: We offer a Franchise Fee Discount for all US Veterans. Currently in the process of registering with the SBA.

Is Salon Studios a Semi Absentee Franchise with a Passive Ownership Opportunity?

Yes. Salon Studios is a semi absentee franchise and allows passive ownership. A semi-absentee franchise is a business you could start and run while still maintaining a job or other obligation.

Is Salon Studios a Home Based franchise?

No. Salon Studios is not a home based franchise opportunity.

What Do Salon Studios Franchise Owners Make?

Click here to find out how much Salon Studios franchisees make. Salon Studios offers an Item 19 in their Franchise Disclosure Document which provides financial information about select franchisees in their franchise system.

Is Salon Studios a Master Franchise Opportunity?

No. Salon Studios is not a master franchise opportunity.

Does Salon Studios Offer a Veteran Discount?

No. Salon Studios franchise does not offer a veteran discount.

Does Salon Studios Work with E2 Visa and EB-5 Visa Candidates?

Yes. Salon Studios franchise does work with E2 Visa and EB-5 Visa candidates.

Is Salon Studios Looking for Franchisees in Canada?

No. Salon Studios franchise is not looking for Canada franchisees.

Is Salon Studios Looking for International franchisees?

No. Salon Studios franchise is not looking for International franchisees.

Where can I see Salon Studios's FDD (Franchise Disclosure Document)?

Buying a Franchise Guide: What is a Franchise Disclosure Document?

When evaluating a franchise opportunity, reading and understanding the current version of their FDD is a necessity. Considering the benefits of franchising, such as established brand recognition and support from the franchisor, it's important to also take into account franchise fees and franchising royalty fees. Since most franchisors are privately owned companies, the current versions of their FDDs are typically not available unless requested directly from them.

Click here to connect with a Franchise Consultant who can help you obtain a copy quickly and for free. They can also guide you through the essential franchise questions to ask, ensuring you make a well-informed decision about your investment.

Additional Information

Additional Categories

Hair Care & Beauty Salons, Health, Beauty & Nutrition, Miscellaneous & Unique, Non Food Franchises

Number of Units Open

LESS THAN 20 UNITS

Cash Required

$100,000 - $250,000

Master Franchise

No

Passive Franchise

Yes

Home Based Franchise

No

Item 19 Franchise

Yes

Veteran Discount

No

B2B

No

Franchise Opportunities in Canada

No

International Franchise Opportunities

No

E2 Visa Franchise

Yes

Salon Studios Franchises for Sale

Click Here to inquire about existing Salon Studios franchises for sale. We may have Salon Studios franchise resales. A franchise resale is an already established franchise owned by a franchisee and the franchisee is looking to sell their franchise.

The International Franchise Professionals Group (IFPG) is an internationally recognized membership-based franchise organization. IFPG Franchise Consultants guide aspiring business owners through the process of identifying and investing in franchise businesses. The IFPG represents more than 550 franchises. We do not represent all franchises listed here. By clicking on "Request a Consultation," you are agreeing to be contacted by one of our Certified Franchise Consultants to discuss franchise ownership.

About our rankings: The IFPG uses its internal data collected from our membership portal to identify which franchises had the most activity in the past week. This ranking system is not based on franchise sales, franchisee success rates or number of units open. Our ranking system should not be used to make a decision on which franchise to buy it was solely created for internal purposes and for our IFPG Members.