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SmartStyle

SmartStyle: A Hairstyling Empire Within A Familiar BoxSmartStyle […]

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Franchise Costs and Requirements

Franchise Details

Year Established: 2017
Category Locations: Retail
Available Ownership Type:
Corporate HQ City: Minneapolis
Corporate HQ State: Minnesota
Investment Range: $100,000+
Canada Franchising: Yes
Latin America Franchising: Yes
India Franchising: Yes
Franchise Fee: $39,500
Royalty Percentage: 6%
Veteran Discount: Yes
E2/EB5 Visas: Yes
Master Franchise Opportunities: Yes

Background

SmartStyle: A Hairstyling Empire Within A Familiar BoxSmartStyle is a well-established chain of hair salons nestled within the ubiquitous walls of Walmart stores. Established in 1996 and offering franchising opportunities since 2016, SmartStyle boasts a footprint spanning thousands of locations across the US, Canada, and Puerto Rico. This unique partnership leverages Walmart's high customer traffic to provide convenient and accessible hair care services for men and women alike.Owning a SmartStyle franchise presents several enticing advantages. Firstly, you benefit from a proven business model. As an established brand with a loyal customer base, SmartStyle has already ironed out the kinks, offering a blueprint for success. Secondly, the convenient in-store location within Walmart guarantees built-in foot traffic, eliminating the need for intensive external marketing efforts. Thirdly, SmartStyle provides extensive initial and ongoing training for you and your staff, ensuring your stylists deliver quality services that keep customers coming back for more. Additionally, the franchise offers continuous marketing support and brand recognition, further bolstering your local business.However, becoming a SmartStyle franchisee isn't a free ride. The initial investment ranges from $149,430 to $305,200, encompassing franchise fees, training costs, equipment, and other startup expenses. Ongoing royalty and advertising fees also apply. Furthermore, potential franchisees must possess specific qualifications, including a strong financial standing and relevant business experience.In conclusion, SmartStyle presents a compelling opportunity for entrepreneurs seeking to tap into the lucrative hair care industry with the backing of a recognized brand and convenient location. While upfront costs and ongoing fees exist, the potential for success within the bustling walls of Walmart, coupled with proven systems and support, makes this franchise a serious contender for your investment.

Support & Training offered by SmartStyle

Pre-openingSite selection and lease negotiation: SmartStyle's real estate team will help you find the right location for your salon and negotiate a favorable lease.Construction and design: SmartStyle provides detailed specifications for the construction and design of your salon, ensuring that it meets the brand's standards.Equipment and inventory: SmartStyle will help you purchase the necessary equipment and inventory for your salon.Hiring and training: SmartStyle provides comprehensive training for your salon staff, including stylists, managers, and receptionists. The training covers everything from hairdressing techniques to customer service to salon operations.Grand opening and beyondMarketing and advertising: SmartStyle provides a grand opening marketing plan to help you attract customers to your new salon. They also offer ongoing marketing and advertising support, including access to national and regional advertising campaigns.Operations support: SmartStyle provides ongoing operational support to help you run your salon successfully. This includes support with scheduling, inventory management, marketing, and human resources.Technology: SmartStyle provides you with access to a variety of technology tools to help you run your salon more efficiently, such as a point-of-sale system and an online appointment booking system.Here are some additional details about the SmartStyle franchise training program:The training program is held at the Regis Corporation's headquarters in Minneapolis, Minnesota.The program is approximately four weeks long.The program covers a wide range of topics, including salon operations, marketing, finance, and human resources.The program is taught by experienced Regis Corporation trainers.In addition to the formal training program, SmartStyle franchisees also have access to ongoing support from a team of regional field consultants. These consultants are available to provide guidance and support on a variety of topics.Overall, the SmartStyle franchise training program is designed to provide new franchisees with the knowledge and skills they need to run a successful salon. With the support of the Regis Corporation team, SmartStyle franchisees can be confident that they have the resources they need to achieve their business goals.

Additional Information

Category Location Retail
Number of Units Open
Investment Range $145,000 - $294,000
Master Franchise true
Home based franchise YES
Item 19 Franchise YES
Veteran Discount YES
Franchise Opportunities in Canada YES
International Franchise Opportunities
E2/EB5 Visa Franchise YES
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