Studio Salons provides impressive, modern, and upscale rental space in a "salon mall" concept that allows salon professionals the opportunity to have their own business and make more money without the risks and challenges of owning a conventional salon.
The Studio Salons concept takes the bulk of work and complexity out of traditional salon ownership. We are turning the salon business upside down by enabling individual salon professionals to become independant entrepreneurs. Studio Salons offers rental studio suites in our modern salon malls for the same ratem or often less, than what one would pay for space at a chair rental hair salon. This allows individuals to operate their own exclusive spa or salon while having 24 hour access to a secure and private suite.
This concept allows individuals to eliminate headache while maximizing profits.
Start-up Costs & Franchises Fees
What is the total cost to open a Studio Salons Franchises?
Total Cost: $75,000 USD -$410,000 USD
Total Franchise Fees: $35,000 USD
Ongoing Royalty Fees: $600/Mo.
Ongoing Advertising Fees: 2%
Term of Agreement: 10 years
Franchise Agreement Renewal Fee: 20% of current franchise fee
Contact Information for Studio Salons
Phone Number: 801-541-4813
In what year did Studio Salons begin operations? Not Available
When did Studio Salons begin selling franchises? Not Available
Year United States Canada International Corporate 2009 2 0 0 4
United States: Nationwide
Training & Support
We provide you an initial training program that covers material aspects of the operation of the franchised business. This training is offered on an as needed basis at our headquarters in Sandy, Utah, or another location we designate. You must designate a manger for the franchised business and he or she must satisfactorily complete the initial training approximately 8 weeks before the opening of the franchised business. One assistant of your choosing may also attend at your option.
Franchise Operation Restrictions
Contact us for more information. Our business operations are covered in detail in our business OPs manual provided to franchise business owners.
Franchise Analyzer Professional's Inside Information
Can you buy this franchise for no money down? YesPlease note: You must download a free copy of Franchise Analyzer Professional to receive these benefits and so much more. Click here to download your FREE copy now.
What key terms in the franchise agreement can be negotiated? Cross-default provisions, arbitration clause, personal guarantee, default cure periods, non-compete agreement, favorable valuations for corporate buyout
Can you negotiate lower royalties during start-up? Yes
Can you purchase multiple franchises for a discounted franchise fee? Yes
Can you receive lower advertising fees? Yes
Will I know when the franchise break even? Yes
Will my personal assets including my home be safe in case my franchise business fails? Yes