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Updated 11 june 2020
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Franchise Salon Studios Beauty Mall

Investments

$274,000

Franchise fee

$50,000

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Short information

$274,000

$274,000

Investments

$500,000

$500,000

Minimum Cash

2

2

Wishing to buy

2011

2011

Year Brand Started

8

8

Offices

2016

2016

Year Franchising Started

Franchise Salon Studios Beauty Mall

Investments

$274,000

Offices

8

Franchise Fee

50000

Short information

2011

Year Brand Started

2016

Year Franchising Started

About Franchise

A PLACE WHERE ARTISTRY MEETS OPPORTUNITY

Salon Studios is "A Place Where Artistry Meets Opportunity." At Salon Studios Beauty Mall®, we have taken the booth rental salon business to the next level, creating an upscale environment for guests seeking boutique quality salon and spa services.

When you enter a Salon Studios Beauty Mall, you will find  the ultimate five star experience for our community of hairstylists and beauty professionals, giving them exclusivity, privacy and luxury. We give our artists everything they need to run their own business without all of the up front costs. Stylists benefit from the awesome energy gained from working in close proximity to other beauty professionals but are free of the drama of a traditional salon.

Our concept provides a business model that eliminates the headaches and challenges of owning a hair, lash, laser tonning, massage, tanning, weight loss,  or esthetics business. No more managing a substantial employee base, inventory and long daily hours. We make it simple for our franchise owners. You become a curator, renting studios to entrepreneurial salon professionals that want to own their own business without all of the up-front costs and limitations of working for someone else. This provides our franchisees a great semi-absentee life-style business model where you are the operator of your beauty mall community.

With our unique approach to the salon suite business, we are positioned to be the next great franchise aggregator in the Multi-Billion Dollar Beauty Industry. So why buy one?

Franchise Salon Studios Beauty Mall

The *$60 Billion beauty, salon and spa industry *(as quoted by Market Research IBIS World) is one of the most stable, recession resilient and fastest growing industries in the country. The attraction to the salon/spa industry is simple – most everyone uses some sort of hair or personal care service. However, there is a paradigm shift in the way the industry is changing and growing.

Unlike many industries that have declined or even disappeared, the salon industry continues to outpace the overall economy with over 3800 new locations opening in the last 3 years (- Professional Beauty Association 2014 Economic Snapshot Report.) Of that, “independent business entities within the salon industry account for 83% of all establishments and 93% of total salon revenues.”

The bottom line is that women will always care about their appearance, whether it is an up or down economy. The Salon Studios Beauty Mall® is positioned to capture a greater market share of today’s beauty consumer by delivering a wide range of luxurious salon and spa services at an all-in-one convenient location.

Owning a Salon Studios Beauty Mall® is a solid investment in a rapidly growing industry that is not prone to economic fluctuations, changes in technology or the fickle demands of customers moving from one fad to another. Beauty will always be in demand and the services provided by our highly skilled artists cannot be outsourced or replaced by technology as salon and spa customers will always demand the personal touch provided by our talented partners.

WHAT MAKES US BETTER THAN JUST OLD SALON SUITE CONCEPT?

  • We own and operate 6 successful Salon Studios Beauty Malls and have a deep passion for the salon industry. Through our vested ownership we have first- hand knowledge and experience on every aspect of the business and what it takes to be successful!
  • 90% or higher average occupancy rate – Primary key indicator of success in the salon suite business
  • Compared to other similar concepts we have a unique flat-rate Royalty Fee. Our Royalties are lower during the first few months after opening to help our franchisees get through the ramp up period of the new business cycle. After month 10 franchisees continue with an established flat-rate fee so as your business grows your Royalties stay the same.
  • Your Success is our Priority! Unlike similar concepts you are not required to purchase Furniture, Fixtures, Equipment and Products from us. Our goal is to help franchisees leverage our established vendor networks, not create another profit center for us the Franchisor.
  • Access to more real estate locations- We have partnered with Newark/ Grubb/ Knight/ Frank (NGKF). NGKF is one of the world’s leading commercial real estate advisory firms with over 12,000 professionals that operate from more than 330 offices in established and emerging property markets on six continents!

Franchise Salon Studios Beauty Mall

KEY BENEFITS OF BECOMING A SALON STUDIOS FRANCHISEE OR AREA DEVELOPER

  • Strong Unit Economics:
    • Strong FDD Item-19
    • Average Occupancy Rates at 90% or higher,
    • Weekly recurring and predictable
    • $90 Average Ticket
    • E-cash business, No accounts receivables, no inventory.
  • Your artists /studio owners are long-term tenants that are vested in their own success and the success of your business
  • Studio tenants earn an average of 40-50% higher income than working at a traditional salon
  • Few to no employees – traditional salons require substantial labor and licensing, while Salon Studios requires only 1 or 2 Beauty Mall Concierge
  • Work-life balance. Our “manage-the-manager” business model allows franchise owners to make money and work on the business vs in the business
  • Quick ramp-up, easy to learn and scalable. Franchising owners can grow rapidly into multiple locations with predictable revenue stream
  • Sophisticated design –unique approach providing best of class personalized services at a competitive price in a sleek, world-class design. Best in the industry Beauty Mall with on-site concierge/property manager creates centralized demand for services in an all-in-one location
  • Prime Territories and locations are available for Single, Multi-Unit and Conversion Opportunities. We also offer Area/Master Development programs for qualified candidates
  • No salon experience required – we will teach you everything you need to know!

Gallery

Finance Information

Investments: $274,000 – $786,000

Franchise fee: $50,000

Royalty fee: 2%

Minimum Cash: $500,000

Net Worth: $1,000,000

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Training

Yes

Business Type

Franchise

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